This Week in Tech: 97% of firms in Nigeria, others to experience tech skills challenge in 2023
This Week in Tech: 97% of firms in Nigeria, others to experience tech skills challenge in 2023
93 per cent of firms surveyed in Africa said the need for tech skills has increased in the past 12 months
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Kenya’s CBN has licenced 10 digital lender lenders to operate in its country, making the number of digital credit providers - 32. Last July lots of payment app users couldn’t create virtual cards on their app and that was due to a fraud battle that Union54 was dealing with. In an interesting interview with Techcrunch, the CEO says; “fintech in Africa isn’t a child’s play”. In the midst of this, 97% of Nigerian firms are expected to experience a tech skills shortage according to an SAP report.
The good news? Bitcoin is fighting never to die. - Sam.
10 digital lenders obtain the much-coveted CBK licence
The Central Bank of Kenya (CBK) has officially licenced an additional 10 digital lenders to operate in the country, bringing the total number of authorised digital credit providers (DCP) to 32. TechCabal
A Deep Dive into East Africa’s Tech Start-up Ecosystem
A new regional survey of tech start-ups across East Africa reveals that whilst investment levels remained relatively stable over the last twelve months, the heart of Africa’s start-up ecosystem perceives many roadblocks as having the potential to disrupt the region’s growth trajectory. ITNewsAfrica
Irish team leads rollout of affordable healthcare platform for millions in Africa
Unu Health is a digital platform that uses technology to drive down the cost of primary healthcare and empower the 50 million people in South Africa that currently rely on state healthcare to significantly improve their health and wellbeing. Irish Tech News
97% of firms in Nigeria, others to experience tech skills challenge in 2023
SAP Africa, which disclosed this in its ‘Africa’s Tech Skills Scarcity Revealed’ report released and discussed during a webinar, yesterday, added that 93 per cent of firms surveyed in Africa said the need for tech skills has increased in the past 12 months. TheGuardian
Côte d’Ivoire Launches Startup Act to Boost Tech Sector
The Ivorian government has launched its Startup Act as part of its efforts to support tech start-ups. The new framework is designed to help promising young companies to thrive in the country. The Startup Act is designed to give greater visibility and recognition to up-and-coming start-ups in Côte d’Ivoire. TechNova
AFGRI Commits To Africa Agri Tech 2023
AFGRI is not only a leading agricultural services company but also an active partner in agriculture, providing services across the entire grain production and storage cycle. The company offers financial support and solutions as well as inputs and high-tech equipment, supported by a large retail footprint. Engineering News
Liquid Intelligent Technologies acquires leading cloud and cyber security provider in Egypt
Liquid Intelligent Technologies has acquired Cysiv MEA, a technology company headquartered in Cairo. The acquisition allows the London-based group with operations in Africa, the UK, the US and Latin America, to bring some of the best global cloud and cyber security products to the Egyptian market. ITNewsAfrica
After chargeback fraud debacle, Union54 CEO says fintech in Africa ‘isn’t child’s play’
Perseus Mlambo - Union54 CEO, spoke candidly about the issues Union54 had to contend with, how the company was at risk of a total shutdown, and why fintech needs to be more transparent about fraud exposure. Techcrunch
Africa: The next hub for Bitcoin, crypto adoption and venture capital?
The cryptocurrency space has no shortage of sceptics. While many people criticize the environmental impact of proof-of-work blockchains or the proliferation of scams, one particular argument against crypto often stands out: Blockchain has no real use cases. Coin Telegraph
Binance hid extensive links to China for several years
Binance hid substantial links to China for several years, contradicting executives’ claims that the crypto exchange left the country after a clampdown on the industry in late 2017, according to internal company documents seen by the Financial Times. FT
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