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    Morocco launches digital ‘B2Marruecos’ platform to attract Spanish tourists

    Morocco tourism site

    The platform offers space between Moroccan and Spanish experts in their efforts to boost tourism and cooperation tourism. Morocco’s National Tourism Office has created a virtual platform that aims to attract Spanish tourists. The platform will be called B2 Marruecos aims to promote the tourist industry in Spain through online workshops. Moroccan tourist professionals hope […] More

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    Zimbabwe and Lesotho to invest in joint telco traffic monitoring system

    Telecommunications tower

    The Lesotho Communications Authority and the Postal and Telecommunications Regulatory Authority of Zimbabwe have begun implementing a new system that monitors traffic nationally and internationally. In a statement released to the media, the system will assist in increasing revenue assurance, combating network fraud, and enforce billing integrity across all countrywide communications networks. It will be provided by […] More

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    Egypt Direct-to-consumer fashion brand and e-commerce brand Opio raises $300K in a seed round

    Opioco-founders

    Opio, Egypt’s – a Direct To Consumer (DTC) women’s wear platform just raised $300K in seed funding from AUC Angels and other local and regional angel investors. This was a follow-on funding from Flat6labs Cairo. Opio was launched in 2017 as a digitally native vertical that capitalizes on Egypt’s long-abandoned apparel industry driving the surge in […] More

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    Jumia’s stock rebounds as it gains momentum

    Jumia

    The last month has seen a rise in the fortunes of Jumia stockholders. This development is drawing attention to stock market players. The stocks sold as high as $47 during Christmas and fluctuated between $34 and $39 since the 11th of December 2020. On January 12th, 2021, Jumia’s stock sold for $40 at the NYSE. […] More

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    MasterCard global outlook report indicates a permanent shift to digital economy

    online-shopping

    MasterCard’s Economic Institute has released Economy 2021 global outlook report giving a detailed analysis of the economic impacts of Covid-19 on the state of the economy. According to estimates, there has been a 20-30% surge in e-commerce spending which will form a permanent feature in the overall retail spending. Another aspect of the analysis is […] More

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    Apply for the Access Bank Africa Fintech Foundry Accelerator Program 2021

    The Africa Fintech Foundry offers challenge, guidance, and progressively show leadership in innovation, entrepreneurship, and financial technology. If you happen to be a startup with tech-enabled solutions in medtech, agritech, healthtech, or fintech, you can apply for the 2021 Accelerator programme. Benefits to participation Winners will walk away with 1 million Naira and access to […] More

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    Innovative SA-made oxygen therapy equipment to aid in fight against Covid-19

    Oxera

    The South African Health Products Regulatory Authority (Sahpra) has approved a portable and cost-effective device that delivers high levels of oxygen to Covid-19 patients effectively preventing their lungs from collapsing. This innovation was created by a team of East London-based volunteers comprising of doctors, entrepreneurs, and engineers. The newly approved device will be manufactured and […] More

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    $100 million US-DFC fund for entrepreneurs in Morocco and North Africa

    US-DFC-Explores-Investment-Opportunities-in-Morocco

    US International Development Finance Corporation (DFC), will operate a $100 million fund focusing on promoting opportunities while tackling endemic problems facing Morocco that require innovative solutions from local enterpreneurs. The fund is part of a new partnership between DFC and the Small Business Assistance Fund. It aims to support small ad medium-sized businesses across Morocco […] More

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