African tech founders speak up about Silicon Valley Bank impacts

African tech founders speak up about Silicon Valley Bank impacts

Africa’s startup founders and investors are watching what happens next for Silicon Valley Bank (SBV), which was shutdown by regulatory authorities in the United States on Friday—essentially freezing thousands of accounts at the tech-friendly bank and raising questions about what happens to startup funds. “Check in on your fellow tech…

Laureen is the editor of Africa Times

Google commits $1 billion in new funding to Africa’s digital future

Google commits $1 billion in new funding to Africa’s digital future

Google announced a US$1 billion commitment to the continent’s digital transformation during the company’s first-ever Google for Africa livestream event on Wednesday. The investment, planned across the next five years, will support several initiatives. They include completion of Equiano, an undersea cable meant to improve Internet speeds and drive down…

Africa showcases its startups at Viva Technology in Paris

President Emmanuel Macron of France wasn’t the only head of state to appear at Viva Technology in Paris, which wraps up the three-day expo on Saturday. Also on hand were President Macky Sall of Senegal and President Paul Kagame of Rwanda, who participated in the Africa Tech forum. They were…

Somali entrepreneurs welcome new innovation hub to Mogadishu

Somalia is opening its first tech hub in Mogadishu this month, in what is another positive sign of the nation’s future amid the many challenges that remain. The vision for the iRise hub in Mogadishu began with the popular #SomaliaRising hashtag. Its founders, led by Abdihakim Ainte, decided to capitalize…

Frugal innovations in Africa: solving problems silicon valley neglects

Paul Polman, the CEO of Unilever in an interview with Insead Knowledge argues that over consumption of resources presents a unique challenge to the world but resource scarcity can be a catalyst for radical innovation. To respond to this challenge within his capacity as Unilever CEO, he infused frugal innovation into…

Erukilede Julius

Erukilede Julius is a legal practitioner, entrepreneur and energy professional.