Author: Jake Bright

Africa Roundup: Lori Systems wins BFX Africa, Andela raises $40M, Jumia lends to SMEs, Safaricom launches incubator

TECHCRUNCH Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor: Logistics transportation company Lori Systems won best of show at TechCrunch’s Startup Battlefield Africa after gaining majority votes of the event’s 15 judges. The Kenyan based venture pitched its platform to optimize all points of the cargo delivery supply chain―from the trucks, to the suppliers, to invoicing and costs. Co-founded by South African Josh Sandler and Kenyan Gichini Ngaruiya, Lori Systems will now compete in TechCrunch’s flagship event, Disrupt San Francisco 2018....

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

TECHCRUNCH  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...

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Safaricom launches innovation center to move beyond M-Pesa

TECHCRUNCH Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor: Safaricom, Kenya’s largest telecom company and provider of the nation’s mobile money service, M-Pesa, has launched a new innovation center in Nairobi. Named Safaricom Alpha, a priority of the incubator is to identify spending patterns on mPesa and turn those insights into additional Safaricom products — according to Chief Innovation Officer, Kamal Bhattacharya. “Safaricom’s unique in that we have telco services and a financial services platform that connect nearly every household in...

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Africa Roundup: MEST, Airbus and Microsoft expand in Africa, while Afrostream shutters

TECHCRUNCH Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor: MEST appointed Aaron Fu as its new Managing Director, as the Accra based incubator scales up its presence across Sub-Saharan Africa. Founded in 2008, MEST operates as a training program and seed fund for African innovators to build successful commercial tech companies. Fu told TechCrunch he plans to focus on the incubator’s continued expansion. The organization currently has offices or on ground presence in Ghana, Nigeria, Kenya, and South Africa. It actively recruits in...

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With new Managing Director, Ghana’s MEST scales as Pan-African incubator

TECHCRUNCH Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor: The MEST incubator has appointed Aaron Fu as its new Managing Director. This comes as the Accra based innovation hub scales up its presence across Africa. Founded in 2008, MEST operates as a training program and seed fund for African innovators to build successful commercial tech companies. Fu takes the helm after two years as Managing Partner at early stage VC firm Nest. He also co-founded Metta Kenya, a Nest backed space...

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Africa Roundup: eBay expands, Google CEO visits Lagos, Ghana enters space

TECHCRUNCH Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor: eBay opened up its U.S. platform to Africa through its partnership with MallforAfrica.com. Americans can now buy products on eBay from select vendors in six African countries, starting with merchandise categories of fashion, art, jewelry, and clothing. For the new program, MallforAfrica selects the sellers and handles payments on its proprietary platform. DHL is the shipping partner. Online shoppers can browse the entire collection on eBay’s Mall for Africa Store. The new...

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eBay opens U.S. platform to Africa with MallforAfrica.com partnership

TECHCRUNCH Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor: Americans can now buy African goods on eBay through the company’s partnership with MallforAfrica.com. Starting this week, products from select vendors in six African countries are available on eBay’s U.S. shopping site. The collaboration starts in style, with opening merchandise categories of fashion, art, jewelry, and clothing. For the new program, MallforAfrica selects the sellers and handles payments on its proprietary platform. DHL is the shipping partner. Online shoppers can browse the...

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Alphabet expands in Africa

TECHCRUNCH Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor: Google is expanding its Africa initiatives, on the back of CEO Sundar Pichai’s recent trip to Nigeria. While visiting Lagos he announced the global internet services company’s plans to train 10 million Africans in digital skills over the next 5 years. Alphabet will also increase its funding to African startups, provide $20 million in grants to digital non-profits, and offer modified versions of products (such as YouTube) in Africa―where internet users can...

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