Senegalese-Born Musician Akon To Launch Akoin Cryptocurrency

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…

Blockchain technology may play a major role in equalizing American cities

The city of Austin is currently piloting a program in which its 2,000 homeless residents will be given a unique identifier that’s safely and securely recorded on the blockchain. This identifier will help individuals consolidate their records and seek out crucial services. Service providers will also be able to access the information. If successful, we’ll have a new, more efficient way to communicate and ensure that the right people are at the table to help the homeless. In Austin and around the country, it seems that blockchain technology is opening a range…

Five African tech trends to watch in 2018

Vivo

The BBC’s Clare Spencer picks five African tech trends to look out for in 2018. Land registry you can’t tamper with The idea: Documentation is often lacking in parts of Africa, leading to land disputes because it isn’t clear who owns the land. Even when there are records, sometimes they have been tampered with. A record that cannot be deleted, using something called blockchain, could be used to prevent these disputes. Blockchain is a method of recording data – a digital ledger of transactions, agreements, contracts – anything that needs…

Saving the Rainforest with Old Cell Phones

Rainforests have some of the most complicated soundscapes on the planet. In this dense noise of insects, primates, birds, and everything else that moves in the forest, how can you detect the sounds of illegal logging? The old cell phone you have sitting in your desk drawer may have the answer. How do you go about saving the rainforest with old cell phones? After a visit to the rainforests of Borneo, physicist and engineer Topher White was struck by the sounds of the forest. In particular, he noises he couldn’t…

Flying cars: Future of transportation or an inflated expectation?

It seems like flying-car startups are finally taking over the “140-character” kinds of tech companies we are used to. With EU-based startup Lilium working on an all-electric autonomous flying taxi, garnering a $90 million Series B led by Tencent and supported by a number of well-known VCs (including Atomico), it’s clear that flying cars are transitioning from a fascinating concept to a quite-mature technology and promising investment thesis. But will we see flying cars out in the world? And how will the market environment evolve? The ecosystem is maturing. There are…

U.S. tech look to Africa for developers

Andela

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…

2016 Innotribe Startup Challenge Winners Announced

Innotribe

The winners of the 2016 Innotribe Startup Challenge were announced yesterday in Mauritius. The winners were South Africa’s Hello Paisa, a low cost international money transfer solution and The Sun Exchange, which deals with crowd lending for solar energy and Cameroon’s WeCashUp, that deals with mobile money transfer across Africa. The three each received a 10,000 USD cash prize. They also received invitations to attend Sibos, SWIFT’s annual global financial services conference that will take place in Geneva from the 26th to the 29th of September, techmoran reports. Sido Bestani,…

Fortune’s 40 under 40: The future of women in tech looks bright

The diverse and robust pool of female founders and tech execs at Fortune’s 40 under 40 party proves positive for Silicon Valley’s future. Editing Fortune’s 40 Under 40 list is, every year, an education in ambition, disruption and extraordinary achievement. The process takes months of reporting, lots of debate and discussion and a healthy amount of handwringing as our deadline looms. And then comes the fun. Every year, we hold a giant party for the 40 Under 40 and a few hundred other movers and shakers in the San Francisco…