Africa News Roundup: China spying on Africa, LifeBank raises $200,000

·
February 1, 2018
·
1 min read
Security camera

Here are this week’s top headlines on startups, entrepreneurship, innovation and tech around Africa

A Chinese-Trojan horse?: In 2012, the African Union inaugurated its new headquarters in Addis Ababa. Worth over $200m, the project was fully funded by China, which also built and paid for the building's computer network.

Teodoro Obiang Nguema, president of Equatorial Guinea and then AU chairperson, reportedly proclaimed it "a reflection of the new Africa".

Five years after however, the small computer unit of the AU discovered that the entire content of its servers was periodically transferred to Shanghai between midnight and 2am everyday, Le Monde reports (in French, use Chrome to translate).

The Chinese government has since denied the report. Read more on Quartz Africa.

LifeBank raises seed round. Nigerian digital blood bank, LifeBank has raised $200,000 in seed funding to enable nationwide expansion. Investors in this seed round include EchoVC and Fola Laoye -- an angel investor with over 20 years of experience in Nigeria’s healthcare industry -- with participation from CcHub. Read more on Innovation Village.

Cab wars. Egypt's local taxi drivers have filed a lawsuit against Uber and Careem -- two of the biggest e-hailing platforms in the country -- for unfair competition. Their demand is that government should suspend both services.

The Egyptian Administrative Court has however postponed the hearing will later in the month. Read more on AI-Monitor.

Rensource, a Lagos-based renewable energy startup, has raised $3.5 million in bridge financing to expand its business. This is coming nearly 2 years after a previous seed round of $1.1m in 2016. Read more on Techpoint.

Be the smartest in the room

Join 30,000 subscribers who receive Techpoint Digest, a fun week-daily 5-minute roundup of happenings in African and global tech, directly in your inbox, hours before everyone else.
Digest Subscription

Give it a try, you can unsubscribe anytime. Privacy Policy.

I bully myself because I make me do what I put my mind to. Find me on Twitter @MuyoSan.
I bully myself because I make me do what I put my mind to. Find me on Twitter @MuyoSan.
Subscribe To Techpoint Digest
Join thousands of subscribers to receive our fun week-daily 5-minute roundup of happenings in African and global tech, directly in your inbox, hours before everyone else.
This is A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day! 
Digest Subscription

Give it a try, you can unsubscribe anytime. Privacy Policy.

I bully myself because I make me do what I put my mind to. Find me on Twitter @MuyoSan.

Other Stories

43b, Emina Cres, Allen, Ikeja.

 Techpremier Media Limited. All rights reserved
magnifier