EdTech is having a renaissance, powered by the emerging world

So-called ‘EdTech’ has seen many false dawns over the years. After being lauded as the teaching platforms of the future, most MOOCs (Massive Open Online Course platforms) have not quite lived up to the superlatives made for them, and the sector has had trouble coming up with more innovative ideas for a while. But that […]

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Africa Roundup: Uber says it’s staying, Konga could be epic startup fail

 Despite exit rumors and quitting Morocco, Uber is staying in Africa, according to its General Manager for Sub-Saharan Africa, Alon Lits. Speculation Uber could leave the continent surfaced late last year when a board member of its biggest investor, Softbank, encouraged the company to focus on markets such as the U.S., Europe, and Latin America. “It really was an…article after that… Read More

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A look back at the year that the Sub-Saharan African startup scene found its stride

 African tech in 2017 was about the normalization of market events mostly absent even a decade ago. There were acquisitions, multiple investment rounds, lots of expansion, big strategic partnerships, and some surprise failures. Africa is fast becoming home to a dynamic tech sector. Here’s a snapshot of the news that shaped that transition over the last year. Investment Andela’s… Read More

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Africa’s SureRemit joins the tokenized race to win the global remittance market

 Nigerian based SureRemit has launched a crypto token aimed at money sent home by global immigrants. The startup — which is incorporated in Mauritius — offered pre-sales of its remittance focused tokens this week, before a January 2018 ICO. SureRemit will use blockchain partner Stellar’s platform. The company is connecting its crypto product — which is not redeemable… Read More

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Africa Roundup: ToLet Acquires JumiaHouse NG, Facebook announces NG_Hub, Interswitch IPO Update

 Lagos based online real estate startup ToLet.com.ng acquired Jumia House Nigeria for an undisclosed amount. Jumia House is a subsidiary of the continent’s lone tech unicorn — Pan-African e-commerce giant Jumia.com. ToLet and Jumia House Nigeria will merge platforms under the new name PropertyPro.ng. The $1.2 million Series A startup was able to buy part of a $1 billion company… Read More

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Online real estate startup ToLet acquires Jumia House Nigeria to create PropertyPro.Ng

 African tech can produce surprises. One this week is a $1.2 million Series A startup buying part of a $1 billion company. That’s what Lagos based property startup ToLet.com.ng has done, purchasing Jumia House Nigeria for an undisclosed amount. Jumia House is a subsidiary of the continent’s lone tech unicorn — Pan-African e-commerce giant Jumia.com. ToLet and Jumia House… Read More

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