Tech and sports titans pay tribute to Microsoft co-founder Paul Allen who has passed at 65

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Paul Allen, who co-founded Microsoft Corp. with fellow billionaire Bill Gates and used the fortune he made from the iconic technology company to invest in professional sports teams, cable TV and real estate, has died. He was 65. Allen, along with Gates, helped create an entire industry selling software for a new breed of smaller, more affordable and widely accessible computers. Allen died on Monday in Seattle from complications of non-Hodgkin’s lymphoma, according to a statement from Vulcan Inc., his investment firm. Allen’s source for his varied investments and sizable…

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Sources Intimate that Rocket Internet is preparing a Jumia IPO

Banking Crisis
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Reuters sources have intimated that German start-up investor Rocket Internet (RKET.DE) is preparing its African online shopping platform Jumia for a possible New York listing in the first quarter of 2019 which could value the firm at about $1 billion. Citi (C.N), Morgan Stanley (MS.N) and Berenberg are coordinating the IPO, the sources said. Shares worth up to $250 million may be sold, one of the sources said, adding that no final decision about the timing or metrics of the deal had yet been taken. The investor and the banks…

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Bitcoin Sinks Below $6,000 as Almost Every Cryptocurrency face downfall

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Bitcoin dropped below $6,000 and dozens of smaller digital tokens tumbled as this month’s selloff in cryptocurrencies showed few signs of letting up. The largest digital currency fell as much as 6.2 percent to $5,887 as of 3:07 p.m. in Hong Kong, the lowest level since June, according to Bloomberg composite pricing. Ether sank as much as 13 percent, while all but three of the 100 biggest cryptocurrencies tracked by Coinmarketcap.com recorded declines over the past 24 hours. The total market capitalization of virtual currencies dropped to $192 billion from…

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Miss.Africa Digital Announces the 2018 $7,000 Seed Fund Winners, Kumasi Hive scoops top prize

Kumasi Hive from Ghana wins the 2018 5,000 USD Grand Prize while, CRNS Tunisia and Eco-Sol Consulting (Full STEM Ahead!) Seychelles will take home the Second category prize of 1,000 USD.
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The Pan-African trust program of DotConnectAfrica (DCA) has released the winners of the 2018 Miss.Africa Digital Seed Funding for STEM Programs. The seed fund program is now in its third year Kumasi Hive from Ghana won the 2018 5,000 USD Grand Prize while, INTELLECT-Team at Laboratory of Technologies for Smart Systems (CRNS) Tunisia and Eco-Sol Consulting (Full STEM Ahead!) Seychelles will take home the Second category prize of 1,000 USD. Sophia Bekele, Founder & CEO of DotConnectAfrica Group, and the champion behind Miss.Africa Digital Program complimented the winners saying —…

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No VC: Facebook is not making any direct investments to African tech startups

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Facebook has been scaling up its operations in Africa and engaging more intently with tech startups on the continent, but the company has decided it will not be making any direct investments, Disrupt Africa reports That is according to Julien Decot, director of platform partnerships for EMEA at Facebook, who was speaking at last week’s MEST Africa Summit in Cape Town. He said the decision not to become an investor had come straight from Zuckerberg himself. “That was a Zuckerberg decision. The way Mark thought about it was – “this…

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Senegalese-Born Musician Akon To Launch Akoin Cryptocurrency

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The American-based Senegalese artist says the cryptocurrency will be the currency of choice in Akon Crypto City, a 2,000-hectare development which is under construction in an area just outside Dakar, Senegal’s capital city. The rapper describes the development as the real-life Wakanda. He also believes the technology has benefits for those on African soil, disadvantaged by political and social circumstances. Unfortunately, Akon didn’t reveal any technical details of the cryptocurrency. CANNES — Senegal-born star Akon — whose Lighting Africa project is bringing solar power to Africa — is at Cannes…

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Google’s New Chat Messaging Service is Ready to Launch

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Google has started the global roll-out of its new Chat messaging service, which is designed to replace SMS text messages on Android phones. Chat has features such as group texts, videos, typing indicators and read receipts, which are not available when sending SMS texts. Chat will be integrated with the default messages app on Android phones. However, it will be up to mobile operators to enable the service and it does not offer encrypted messages. The new system has been in development for several years, but is now beginning to…

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Q&A: Leti Arts bringing authentic Africa to the world through games & digital comics

Leti Arts
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Caption: (inset) Leti Arts Co-founders, Eyram Tawia (Ghana) and Wesley Kirinya (Kenya) Africa is at the verge of global stardom, with the latest box office stunner movie featuring African superheroes in their fictional Kingdom of Wakanda. There is no doubt that Africa is starting to create its own imagery and endearing the world. It is through such that companies like Let Arts are focusing on. The IBCA caught up with Leti Arts to find out just what the founders are working on to bring an authentic Africa to a worldwide…

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Mobile Commerce enabler DOCOMO Partners with Safaricom to Launch first App Store Integration with M-PESA.

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Global mobile commerce enabler, DOCOMO Digital has partnered with Safaricom to give customers the option to pay for content on the Google Play Store using M-PESA. The integration, which is powered by DOCOMO Digital’s mobile commerce enabling platform using Google Play’s payment API, allows M-PESA customers to use the mobile money service to pay for goods and services from the app store. The service is available to more than 27 million M-PESA customers in Kenya with an Android smartphone or tablet. From today, customers matching this criteria can purchase content…

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Geneva: Miss.Africa Digital Program Named Finalist in the ITU/UN 2017 EQUALSinTech Awards

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ITU and UN Women this week in Geneva, Switzerland announced the Miss.Africa Digital program as one of 15 Finalists and the Winners for the prestigious 2017 EQUALS in Tech Awards. As the flagship event of the EQUALS global network partnership, the annual award event is designed to showcase how ICTs can be used to dramatically improve social, political and economic outcomes for women and girls – and the value that women and girls bring to the technology sectors. This year, there were 293 participants from 72 countries for the EQUALS…

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