Kenya’s MumsVillage in merger with Nigeria’s BabyBliss to build a larger eCommerce platform

Bliss Group Africa.: Mothering and childcare focused e-commerce companies BabyBliss Nigeria and MumsVillage Kenya have merged to create a pan-African entity

Mothering and childcare focused e-commerce companies BabyBliss Nigeria and MumsVillage Kenya have merged to create a pan-African entity Bliss Group Africa, providing what they say is an “unparalleled omnichannel commerce, community and content offering”. The mum and baby e-commerce opportunity currently stands at an estimated $2 billion in Kenya and $5 billion in Nigeria. Thanks to COVID-19, the e-commerce market has experienced explosive growth. What began as a trend has now become a behemoth estimated to grow at over 60 per cent in both markets. Jika further adds that, “they…

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Power Panel at DCA WebForum voice their thoughts on impact of COVID-19 SME Financing in Africa

DCA WebForum Series 3 Executive Roundtable The Impact of COVID-19 on SME Financing in Africa

The DCA Group hosted an engaging and insightful Executive Roundtable conversation, with Top Industry and Business Leaders and Representatives of SMEs operating in African countries, as businesses and individuals globally seek solutions for the COVID 19 crisis to innovative ways to achieve their goals. The panel of distinguished speakers exchanged expert insights, practical approaches and good practices on the topic: The real effects on the ground for SME’s; the plans that are being implemented to curb further negative effects on the market; future strategies that organizations can rely on to…

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Counting the cost of COVID-19? Report Spells bad news for Women in STEM

STEM

COVID-19 is threatening to reverse hard-fought gains for women in STEM, according to a new report commissioned by the federal government. The report, commissioned by Industry and Science Minister Karen Andrews and produced by the Rapid Research Information Forum — a group of 35 research sector-led organisations chaired by Australia’s chief scientist, Dr Alan Finkel — was collaboratively led by Science & Technology Australia (STA) and the Australian Academy of Technology and Engineering (ATSE). According to the peer-reviewed report, Australia’s scientific and technical services industry recorded job losses of 5.6%…

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STEM Education given a special place in Rwanda

STEM

In a country as rapidly developing as Rwanda, the country’s education goals are clear cut and centralised around ICT, science and girls’ education. Rwanda has given the teaching and learning of Science, Technology Engineering and Mathematics (STEM) a special place in the education system. The country has made significant strides in STEM education. In this second part of our series on education, we will turn our attention to what the government has been doing to promote the teaching and learning of science and technology. According to the ministry of education,…

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Google Launched first Developers Space in Lagos

Google Developers space

Google launched its first Google Developers Space in Lagos, Nigeria last month. Previously referred to as the Google Launchpad Space, the Google Developers Space is a hub for African developers, entrepreneurs and startups. Google CEO Sundar Pichai, made a commitment to African entrepreneurs In July 2017,  to start the Launchpad Accelerator Africa program and launch a space to house these efforts in Nigeria. Google launched the Google Developers Space in Lagos to provide that home, and a space where entrepreneurs, developers, VCs and investors can connect and collaborate with each other.…

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Kibanda Online: Grocery shopping made easier

Kibanda Online

A new online platform, “Kibanda Online”  has now made buying groceries a task that can be done at the comfort of your home. The platform is a departure from many online shops whether on Instagram, Facebook or websites  which mainly trade on home appliances, cosmetics and clothes. The platform is the brainchild of 29-year-old Laurriette Rota. ‘Kibanda’ is a Swahili word meaning stall. Ms Rota says the idea initially was to help deliver groceries and other items needed regularly by the sick, elderly and physically challenged people who have a…

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Miss.Africa Digital program announces the fourth round winners of its prestigious Africa focused seed fund

Miss.Africa Digital program announces the fourth round winners

Miss.Africa Digital, a DCA Digital Academy, pioneering Pan-African program of DotConnectAfrica (DCA) Trust, has published the winners of the fourth prestigious Africa-focused seed fund award. Since its inaugural round, the organization has now covered a total of 12 African nations KampaBits of Uganda a youth based organization that exists to positively change the lives of vulnerable youth in Uganda was the 2019 Grand Prize Winner while BasaliTech, Lesotho and Ace Commmunications, from The Gambia both took the second category prize. The Women-In-Tech seed fund award is now in its fourth…

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Mastercard puts a spotlight on gender diversity and female entrepreneurship

Mastercard puts a spotlight on gender diversity and female entrepreneurship

As part of its commitment to supporting the advancement of gender diversity and inclusion in Africa, Mastercard hosted the second edition of its ‘Together We Lead’ event, bringing together celebrated women leaders to discuss the critical role of female entrepreneurs in Africa. Amanda Dambuza – entrepreneur and author, Lee Ann Lancaster – Chief Growth Officer of Mama Money, and Dr. Adriana Marais – physicist, technologist, astronaut candidate with the Mars One Project and founder of #ProudlyHuman, joined a panel discussion hosted by Shamina Singh, Executive Vice President, Sustainability & President,…

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Not coming to Ethiopia to Invest unless central bank rectifies the wrongful appropriation of diaspora shares – Sophia Bekele Eshete

Not coming to Ethiopia to Invest unless central bank rectifies the wrongful appropriation of diaspora shares – Sophia Bekele

The monies and profits confiscated from the sale of the diaspora shares should be returned in full Op-Ed By Sophia Bekele Eshete, Addis Fortune | July 20, 2019 The National Bank of Ethiopia (NBE) passed a guideline about relinquishing shares in banks owned by foreign nationals of Ethiopian origin in 2016. The majority of the public, particularly the intellectuals and legal experts who understood what happened with the sale of the shares by the central bank and the financial institutions, know that it was a huge mistake. Various voices have…

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Ethiopians in diaspora allowed to invest in banking, insurance sectors after a precedence setting court victory in 2017 by Sophia Bekele

“Sophia took up the gauntlet and headed to the court to vindicate her right” The National Bank of Ethiopia (NBE), the agency in charge of regulating the financial sector of the country, will soon introduce a new regulation that will allow Ethiopians in the diaspora to invest in the financial sector that includes banking, insurance and micro finance. The Council of Ministers during its extraordinary meeting approved the Draft Banking Business Proclamation, allowing Diaspora citizens to establish banks in Ethiopia. This was indicated by Yinager Desse (PhD), Governor of NBE,…

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