Here are last weekend’s top news headlines about startups, entrepreneurship, innovation and tech around Africa.
Naspers rakes in $1.6 billion. MultiChoice parent company and former Konga investor, Naspers has reportedly sold its 11% stake in Indian eCommerce startup, Flipkart. The deal is effectively worth $1.6 billion. Read more on Innovation Village.
Crybaby MultiChoice. Meanwhile, Nasper’s baby, MultiChoice South Africa has been lamenting the unfair advantage that imminent ICASA regulations could give services like Netflix over traditional TV. Read more on MyBroadband.
Electoral data breach in Kenya. In the wake of the Cambridge Analytica/Facebook scandal, fresh reports from Strathmore University’s Centre for Intellectual Property and Information Technology Law (CIPIT) suggest that voter’s data is being sold directly to politicians in Kenya. Read more on Techweez.
Jigawa state going solar. According to ITWeb Africa, “The African Development Bank (AfDB) has approved a US$1.5 million grant from the Sustainable Energy Fund for Africa (SEFA) to support the Nigerian government’s implementation of Phase 1 of the Jigawa 1-GW Independent Power Producer (IPP) Solar Procurement Programme”.
- NCC wants to save small telecom operators
- NIMC eyes massive rollout of e-ID cards by 2019 to drive financial inclusion
- Nigeria, and Africa by extension, may soon have its first blockchain technology incubator
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New Report: Nigerian startups raised $24.7 million in Q2 2019, 40% higher than Q1. Find out more in the latest quarterly edition of the Nigerian Startup Funding Report here.