Nigerian entrepreneur wants Silicon Valley to fund a future where Africa is included.

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Iyinoluwa Aboyeji , the cofounder of Flutterwave a payments API that makes it easier for banks and businesses to process payments across Africa, wants to transform how Africans pay by Connecting them to the digital economy. The 26-year-old entrepreneur founded the payments API that allows consumers to pay for things in their local currency; Flutterwave takes care of integrating banks and payment-service providers into its platform so businesses don’t have to take on the expense and burden. American investors just poured $10 million of fresh funding into it. This sizable…

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Q&A with Matt Roberts-Davies, M-Changa; Create Innovative Products That Match Local Culture

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ITBusiness spoke with Matt Roberts-Davies, the Business Development Manager/Experience Director at M-Changa, a fundraiser management platform that provides cutting edge end-to-end management tools to enhance fundraising success. The session is majorly on the tech trends in Africa and the novelty of the internet of things (IoT). 1. How can you define the technology sector in Kenya? There is a lot of buzz around tech in Nairobi, Kenya’s capital city. One of the main reasons for this is the success of M-Pesa, a digital wallet that has reached mass adoption in…

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Microsoft to target 1000 nonprofits for technology donations

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Non-profits around the globe have limited resources, and often face the choice between investing in IT infrastructure and investing in programmes to support the communities that they serve. Microsoft created the Technology for Good programme to empower every non-profit to achieve more. The tech giant has restated its commitment to empowering them with the needed technology, and finding more creative ways to solve humanity’s greatest challenges to further technology adoption among Non-profits in Nigeria. According to the Guardian, the tech giant helps non-profits do more good with Microsoft’s cloud technology,…

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21% of British startups plan to open a European office due to Brexit

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The vote to leave the EU left some start ups questioning where their future lies, particularly if they’re confronted with issues around employing foreign staff. Currently, One in every five UK start ups intends to open a European office due to Brexit, according to survey results published Tuesday by Silicon Valley Bank. It found that 21% of UK startups are planning to open up a new office in cities such as Berlin, Paris, and Stockholm, which are all trying to take on London’s Tech City. The survey also found that around…

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Cisco buys AppDynamics for $3.7 billion, plots business performance expansion

AppDynamics
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Cisco will acquire AppDynamics, which monitors application performance and business metrics, in a deal valued at $3.7 billion. The purchase gives Cisco more software heft and broadens its reach in analytics makingthis one of its largest deals of recent years as it searches for growth beyond its core networking business. Cisco’s announcement comes a week after Hewlett Packard Enterprise Co said it would buy cloud startup SimpliVity for $650 million in cash. The software brings a platform that can analyze application performance across Cisco software and gear. AppDynamics launched software…

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Banks remains top cybercrime targets globally

Cyber-Crime
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As digital technology develops, the business organizations continue to experience more transformations and disruptions exposing themselves to more opportunities and threats. Attacks against the finance industry are becoming increasingly sophisticated and highly targeted. The economic crime has as well gone digital as every sector of commerce digitalizes. According to a U.S. cybersecurity report released by IBM, the financial-services industry ranked third in number of cyberattacks in 2015, after health care and manufacturing. Reports also indicate that there were 2.46 million cyber incidents and 2.11 million victims of cyber crime in…

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American Startup wants disrupt traditional insurance models using smart tech

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Mobile technology continues to smart its way into every service available, Insurance insutry is yet to be disrupted. The on-demand economy, which uses smartphone technology to immediately fill consumer needs, has changed the way people order food, a car, or a place to stay. Now, technology start-ups are targeting the next business frontier – insurance – offering coverage with the swipe of an app. Trov, a San Francisco Bay Area firm that provides smartphone-based on-demand insurance for individual assets, like computers or cameras, for any duration, launched in the UK…

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U.S. tech look to Africa for developers

Zuckerberg
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Tech companies founded in the United States are setting up software development centers in Nigeria and Kenya, where a number of young developers has led to growing tech communities. Microsoft has launched its Microsoft 4 Afrika initiative, aiming to help empower African youth, entrepreneurs, developers and others to make their ideas a reality. Steve Case, the AOL founder, and his wife Jean, Generation Investment Management and Sir Richard Branson have provided $19 million to Kenyan pay-as-you-go energy start-up M-KOPA Solar. Andela, which has attracted $24 million of funding from a scheme led by…

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European Union privacy officials asks Facebook told to stop exploiting WhatsApp data

WhatsApp launches end-to-end encryption on messages for all its users
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European Union privacy chiefs said Facebook must stop processing user data from its WhatsApp messaging service while they are investigating the privacy policy changes the company announced in August. The Article 29 Working Party, made up of privacy chiefs from across the 28-nation EU, told Facebook it had “serious concerns” about the sharing of WhatsApp users’ data for purposes that were not included in the terms of service and privacy policy when existing users signed up to the service, according to a statement e-mailed on Friday. European privacy watchdogs don’t…

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Can Blockchain Technology improve digital piracy in Africa?

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The digital content market has rapidly become less regional for piracy not to be prevented, even in parts of Africa where the distribution in such format is maturing. Globally there’s been a shift from traditional media and content industries to new digital media technologies. This has changed the distribution and consumption of creative content with the emergence of new digital platforms like Netflix and iROKOtv. “In Africa, there is a demand for US and European content, and when distribution rights don’t keep up with demands, it fuels piracy,” says G-J…

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