ihub News of 06/01/20
CcHub Funds Tech To Curb COVID-19 On Concerns Of An Africa Outbreak
Africa’s largest innovation incubator, CcHub , will offer funding and engineering support to tech projects aimed at curbing COVID-19 and its social and economic impact. The Lagos and Nairobi based organization posted an open application on ...
2019 Africa Roundup: Jumia IPOs, China Goes Digital, Nigeria Becomes Fintech Capital
2019 brought more global attention to Africa’s tech scene than perhaps any previous year. A high profile IPO, visits by both Jacks (Ma and Dorsey), and big Chinese startup investment energized that. The last 12 months served as a grande ...
Africa Roundup: Goldman Leads $30m Twiga Raise, China Grows Tech Influence, Jumia Weathers Lockup-Expiry
Kenya’s Twiga Foods raised a total of $30 million in October from lenders and investors led by Goldman Sachs. This adds to the list of African startups the U.S. financial firm has backed, including e-commerce venture Jumia and South African ...
Bosun Tijani Talks Strategy As CEO Of Africa’S New Largest Tech Hub
With CcHub ‘s acquisition of iHub in September, Nigerian Bosun Tijani is at the helm of (arguably) the largest tech network in Africa. He is now CEO of both organizations, including their robust membership rosters, startup incubation ...
Kenyan Telco Safaricom’S Alpha Incubator Faces Uncertain Future
Safaricom’s Nairobi based Alpha innovation incubator may have an uncertain future, according to sources. With two high-level departures, and the passing of Safaricom’s CEO Bob Collymore, there are questions on how or if Alpha ...
Nigeria’S #StopRobbingUs Campaign Could Spur Tech Advocacy Group, CEOs Say
Nigeria’s #StopRobbingUs campaign to curb police harassment of techies could grow into a formal lobbying group for the country’s tech sector, according to founders Bosun Tijani and Jason Njoku . Tijani, the CEO of Lagos based ...
Africa Roundup: CcHub’S IHub Acquisition, Andela’S $50m Run-Rate And Layoffs, Transsion’S IPO
Two of Africa’s powerhouse tech incubators joined forces in September. Nigerian innovation center and seed-fund CcHub acquired Nairobi based iHub. The purchase amount was undisclosed, but CcHub will finance the deal out of its real-estate ...
Nigeria’S CcHub Acquires Kenya’S IHub To Create Mega Africa Incubator
Two of Africa’s powerhouse tech incubators will join forces. Nigerian innovation center and seed-fund CcHub has acquired Nairobi based iHub — CcHub CEO Bosun Tijani confirmed to TechCrunch. The purchase amount is undisclosed, but ...
Africa Focused Andela Cuts 400 Staff As It Confirms $50m In Revenue
Africa focused tech talent accelerator Andela will cut 400 junior engineers across Kenya, Uganda, and Nigeria, CEO Jeremy Johnson told TechCrunch. The layoffs come as the startup released first time income figures indicating it will surpass ...
African Incubator MEST Has A New MD And 11 Fresh Startup Investments
Pan-African incubator MEST announced investments in 11 startups from its 2019 cohort that will each receive $100,000 in financing. The $1.1 million backing for a graduating class is the largest to date for the Accra-based organization — which ...
Diving Deep Into Africa’S Blossoming Tech Scene
Jumia may be the first startup you’ve heard of from Africa. But the e-commerce venture that recently listed on the NYSE is definitely not the first or last word in African tech. The continent has an expansive digital innovation scene, the ...