Web3 Waves🚀Africa
Discover more from NGENI LABs Newsletter
Web3 Waves🚀Africa
Web3 Africa Dev Roundup Aug14-18th more fundings +AI+Training Bootcamp+CcHub CEO Bosun Tijani+Coding Tips👇
Funding Announcements💸➥Egyptian AI recruitment startup Talents Arena raises $750k pre-seed round for Saudi expansion
Egyptian AI recruitment startup Talents Arena has raised a US$750,000 pre-seed funding to power its expansion into Saudi Arabia.
Founded in 2019 by Aya Elgebeely, Talents Arena has developed an AI-powered recruitment platform featuring a talent mining engine and automation features. So far, it has made over 180,000 job matches and placed thousands of candidates in suitable tech jobs.
An alumnus of Flat6Labs and Plug and Play accelerator programmes, the startup has just closed a US$750,000 pre-seed funding round led by UI Investments and featuring several prominent Saudi and regional angel investors. The funds will be channelled towards Talents Arena’s expansion plans into Saudi Arabia and the GCC region.
➥Nigeria Innovation Summit set for Lagos in October
The eighth edition of the Nigeria Innovation Summit (NIS) will take place at the Muson Centre in Lagos on October 6th, aimed at providing a platform that fosters collaboration between government agencies, businesses, international organisations, innovators, researchers, the academic community, and startups.
Innovation 👏➥Nigerian business solutions startup Traction plans expansion after serving 70k customers.
Nigerian startup Traction, a comprehensive business solutions platform designed exclusively for African MSMEs, plans continental expansion after serving 70,000 customers and banking US$6 million in funding.
Founded in 2020, Traction has developed a comprehensive one-stop platform that enables businesses to accept payments, manage finances, and access essential operational tools. Business owners can accept payments via POS terminals or virtual accounts, use point-of-sale software to record sales, track inventory, and manage customers through CRM and loyalty solutions.
➥CcHub CEO Bosun Tijani named minister of communications and digital economy.
Bosun Tijani, the 46-year-old co-founder of the Lagos-based Co-Creation Hub (CcHub), has been appointed Nigeria’s minister of communications, innovation, and digital economy.
Tijani co-founded CcHub in October 2010 with Femi Longe, and the hub officially opened in September 2011 as a social innovation centre in Yaba, Lagos.
Since then, it has expanded to include an umbrella of pan-African innovation enablers that includes the CcHub Design Lab in Rwanda, iHub and eLimu in Kenya, Growth Capital by CcHub and CcHub Syndicate. It runs various programs across these markets with partners including Google, Microsoft and GIZ.
➥Binance Set to Launch Layer 2 EVM-Compatible Scaling Solution for BNB Chain Built on Optimism Stack.
Binance is set to launch opBNB, a Layer 2 scaling solution aimed at substantially enhancing the processing capacity of its Layer 1 smart contract platform, BNB Chain.
Binance already revealed that it intends to implement opBNB on its mainnet in August, which is set to elapse in under two weeks. Binance initially introduced opBNB when it launched its testnet on June 19.
OpBNB is built on Optimism’s OP Stack, a technological infrastructure for launching customised Layer 2 solutions. According to Binance, opBNB moves computation and state storage off-chain, alleviating congestion and driving down transaction costs.“Transactions are executed outside the chain, but their data is posted to the Mainnet as call data. This revolutionary approach enables a high throughput environment with lower gas fees.”
➥Behind M-PESA's extraordinary success lie five key factors that have propelled it to become a global leader in mobile payments.
Coding Tip 💡Look beyond syntax errors when debugging. Logical errors can be harder to spot but can cause unexpected outputs. 👩💻
Use logging to track code flow and identify the root cause of problems, including logical errors.Saves time and leads to a more efficient solution🚀
Events and Hackathons 🌍This is what is on the Horizons
Eth Safari from 18th - 24th September
Training and Web3 Development👩💻Hey there, fellow tech explorers, Let's finish this week's newsletter excitedly.
We are Code3Camp, the game-changers. 🚀🌐
Picture this a group of seasoned web3 developers to learn from. They've witnessed the rise of the internet's first and second generations, and guess what? They've played a big role in shaping the amazing third generation we're living in right now.
Hold onto your hats because our team is the best squad of Software Engineers and Blockchain & Web3 in East Africa, all set to be your guides on a journey through the bootcamp.
Introducing... 🥁 please… the one-of-a-kind Code3Camp! 🎉 This is where the magic happens, where Web2 developers can transform into Web3 developers.
Imagine diving deep into the world of Web3 development. Think of it as learning a brand-new language, Solidity! And the coolest part? We'll hand you the keys to unlock the power of advanced tools like Web3.js and ethers.js. These are your secret codes to connect with blockchains no more locked doors seamlessly!
We're talking about building incredible decentralised applications (dApps)plus, we'll unravel layer 2 scaling solutions so that you can create secure and super-efficient blockchains.Are you ready to conquer the ever-changing digital realm? Because
Code3Camp is your launchpad! The countdown is on for an epic September intake, and trust us, you won't want to miss this coding adventure.
Join us, and let's write history in lines of code! 🌟🔥👩💻👨💻
Thanks for reading👌
Contact us: NGENI Linktree