Here are this week’s top headlines on startups, entrepreneurship, innovation and tech around Africa.
Improving internet connectivity in Lagos. Nigeria’s MainOne and Tizeti have announced a joint project with Facebook that is expected to improve internet connectivity in several parts of Lagos. The partnership will leverage MainOne’s fibre connectivity, Tizeti’s twenty brand-new solar-powered towers, and Facebook’s Express Wi-Fi. Read more on TechCity.
AWS comes to South Africa. Remember that last time we told you how Amazon Web Services (AWS) was reportedly looking to build data centres in South Africa? It so happens that the report was somewhat accurate as AWS Direct Connect is now available at Teraco data centres in Johannesburg and Cape Town. Read more on Data Economy.
Potential Airtel exits? According to the Economic Times of India, Bharti Airtel, the parent body of Airtel Africa is looking to exit Kenya, Rwanda and Tanzania in a move that is expected to ‘boost margins’ within the continent. Airtel Africa has however come out to rebut this claim, saying it is ‘pursuing other options’ to make the business profitable. Read more on Africanews.
Lagos Innovates. In a bid to make it easier for tech startups to build a successful business in Lagos state, the Lagos State Employment Trust Fund (LSETF) has launched ‘Lagos Innovates’. The programme will provide support in the area of infrastructure, learning, investment and networking. Read more on the website.
On January 27, 2021, Techpoint Africa will be hosting the brightest minds in decentralised finance/crypto at the Digital Currency Summit tagged “Building the money of the future” Click here for more details, registration and sponsorship.
Report: Millionaire West African startups” raised over $1.806 billion between 2010 and 2019, 97.9% of which went to Nigerian startups. Get a free overview and 50% purchase discount here.
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