In his address to the youth on February 11, the Head of State once again urged Cameroonians towards self-employment.  It is then essential to provide the technical framework necessary to support the youth in that direction.

On Wednesday, February 28, Jacques Fame Ndongo, Cameroon’s Minister of Higher Education, laid the foundation stone of the digital innovation and business incubation center at the International School of Digital Engineering in Sangmélima, southern Cameroon. The center is a part of the Congo-Cameroon Inter-State University (UIECC) and is being constructed by military engineers. The project, funded to the tune of XAF450 million (US$743,000) by the  Development Bank of the Central African States (BDEAC), is one of the eleven priority integration projects in the CEMAC region. 

The two-story center, spanning approximately 1,675 square meters, is designed to identify, support, and assist students and young graduates of the International School of Digital Engineering with digital business startup projects. It will provide entrepreneurship training, networking, mentoring, and administrative services, facilitating the implementation and monitoring of innovation and digital entrepreneurship projects.

According to Marcel Fouda Ndjodo, the coordinator of the Congo-Cameroon Inter-State University and director of the digital engineering school, the school itself is an incubation center where students are already engaged in profitable economic activities. The school, which opened less than five years ago, has reportedly supported around thirty startups by engineering students. The director expressed the school’s ambition to transform Sangmélima into a hub for digital activities.

Cameroon’s new higher education law, enacted on June 25, 2023, redefines the role of university institutions, transforming them into “university companies” and elevating students to “student entrepreneurs” to combat youth unemployment through self-employment. “In a liberal economy like ours, in which the private sector should be the primary provider of jobs, one of the fundamental roles of the university is to support economic diversification through the detection, training, and incubation at the university of potential and future captains and leaders of the primary, secondary, tertiary and quaternary sectors,” said Minister Jacques Fame Ndongo.

The Congo-Cameroon Inter-State University, established on December 21, 2012, by the heads of state of Cameroon and Congo, Paul Biya and Denis Sassou Nguesso, began its training activities in the 2020-2021 academic year with the opening of the Sangmélima Engineering School. The school currently enrolls 450 engineering students, including 250 Cameroonians and 200 Congolese nationals.

Posted On vendredi, 01 mars 2024 13:12 Written by

The Ugandan government is committed to accelerating digital transformation and supporting all sectors of the economy. To this end, it is multiplying partnerships likely to help achieve this objective.

Mastercard announced on Tuesday, February 27, a memorandum of understanding with Uganda’s Ministry of ICT and National Directions. The agreement aims to stimulate socio-economic development, enhance services, and foster financial inclusion in Uganda.

The partnership includes Mastercard’s technical assistance to bolster the Ugandan government’s efforts toward digitization and financial inclusion. This encompasses the digitization of traditional services like Posta Uganda and the national postal service, to generate new revenue streams and provide integrated, user-friendly experiences.

The collaboration also aims to enhance the capabilities of Ugandan startups, enabling them to thrive in the digital era. Specifically, micro and small merchants will be equipped with the necessary tools to connect to the global digital economy and accept electronic payments, thereby broadening their market reach and reinforcing their contribution to Uganda’s economic growth.

This initiative aligns with Uganda’s digital transformation goals outlined in the “Vision 2040” digital strategy. It seeks to empower citizens by aiming for universal inclusion, sustainable development, economic advancement, and poverty eradication through digital innovation across various sectors.

The partnership aligns with Mastercard’s goal of enhancing financial inclusion by integrating one billion unbanked and underserved individuals into the digital economy by 2025. This includes empowering 50 million micro and small traders and supporting 25 million businesses owned or led by women.

Samira Njoya

Posted On vendredi, 01 mars 2024 12:36 Written by

In Africa, most women entrepreneurs struggle to obtain financing. Women-owned businesses often lack the capital needed for startup or expansion due to various obstacles.

The World Trade Organization (WTO) and the International Trade Centre (ITC) jointly initiated a $50 million fund, named the Women Exporters in the Digital Economy Fund (WEIDE), on February 25, Sunday. The fund is designed to promote digital technology adoption among women entrepreneurs, not only in Africa but also in other developing and least-developed nations. Its ultimate aim is to enable women to leverage the opportunities presented by international trade and the digital economy.

For Pamela Coke-Hamilton, ITC's Executive Director, the fund will help women to raise the capital they need for their businesses. "Time and time again, women in developing countries tell us that access to finance is a key barrier to trade. With this new Fund, women entrepreneurs will have the resources they need to do business across borders and online," she stated.

In Africa, women entrepreneurs often struggle to access bank loans and capital due to social norms, discriminatory policies, and a lack of collateral. This fund, initially backed by a $5 million contribution from the United Arab Emirates, aims to overcome these challenges.

The fund’s launch is a step towards empowering women in commerce and assisting them in developing and promoting their online businesses. According to WTO Director-General Ngozi Okonjo-Iweala, digital trade, particularly trade in digitally delivered services, has been the fastest-growing segment of international trade since 2005, with an average growth rate of 8%.

"Digitalization presents us with unprecedented opportunities to empower women entrepreneurs, level the playing field, and foster inclusive growth," said Ngozi Okonjo-Iweala.

Samira Njoya

Posted On vendredi, 01 mars 2024 12:33 Written by

The strategic partnership was inspired by Tencent's Weixin/WeChat ecosystem and its billion monthly active users.

Orange wants to double the adoption of its Max it super-app by 2025. To this end, the French group decided to sign a partnership with China's Tencent Cloud on Tuesday, February 27 at the Mobile World Congress in Barcelona, Spain.

Orange will leverage "Tencent Cloud's Mobility framework and the Tencent Cloud Mini Program Platform (TCMPP) solution to create an open platform for Max it, enabling the integration of a wide range of mini-apps within its super-app." The aim is to enrich the Max it ecosystem and enhance the customer and partner experience for businesses and people in Africa and the Middle East.

Commenting on the partnership, Jérôme Hénique, CEO of Orange Middle East and Africa, said: "This partnership with Tencent Cloud is a key step in our vision to offer innovative and high value-added services to our users. Enriching Max it with innovative mini-apps is key to strengthening its value proposition, increasing its penetration among Orange and non-Orange customers, and amplifying our social impact."

Max it, launched last November, is a super mobile application that aggregates all the services offered by Orange and its partners. The French company aims to position its super-app in this part of the world as a hub for all mobile services. Deployed in half a dozen countries at launch, it will expand to eight more destinations in the first quarter of this year, before covering all the countries where the group operates before the end of the year.

Adoni Conrad Quenum

Posted On jeudi, 29 février 2024 13:41 Written by

eQub is an Amharic term for a rotating savings and credit association (ROSCA). Members of an eQub pool their savings, which are then distributed to each member in a predetermined sequence.

eQub, an Ethiopian fintech startup, has developed a solution that allows users to collectivize savings via its mobile application. The startup, headquartered in Addis Ababa, was established in 2020 by Alexander Hizikias. This week, eQub claimed victory at the Fintech Pitch-off competition at 4YFN 2024, held during the Mobile World Congress in Barcelona, Spain.

Equb is an alternative means to achieve saving and improve access to credit by rotation of savings. Individuals agree to pool their savings for a defined period to jointly save by creating an eQub,” it explains.

Currently available only on Android (with an iOS version under development), it enables users to register by providing personal details, and verifying if they have a bank account and a mobile phone to access the platform. After that step, users then join an existing savings group or one established by the startup.

Users also have the option to create their group but this requires the provision of additional information such as address and biometric national card. The user can set the conditions for joining their group and launch the eQub at a suitable time. The number of rounds in the tontine is dependent on the number of participants.

eQub awards points to participants, which can be used to qualify for deferred payment services and other financial services it plans to introduce soon. According to Nahom Michael, eQub’s business development manager, the solution has attracted over 25,000 users and has formed over 200 savings groups since its inception. The fintech startup generates revenue when tontine winners withdraw funds from the platform.

Adoni Conrad Quenum

Posted On jeudi, 29 février 2024 13:29 Written by

The Mobile World Congress opened in Barcelona, Spain, on Monday, February 26, offering an opportunity for technology companies to sign strategic partnerships to support their growth in various regions of the world.

Orange Middle East and Africa and Microsoft signed a Memorandum of Understanding to support digital transformation initiatives in 17 African and Middle Eastern countries. The memorandum was announced, Wednesday, at the Mobile World Congress in Barcelona, Spain.

"This collaboration with Microsoft is a significant step in our commitment to support the digital transformation of African businesses. By combining our network and Microsoft’s solutions, we can provide SMEs with the tools and guidance they need to thrive in the digital economy," said Jérôme Hénique (pictured, left), CEO of Orange Middle East and Africa.

Under that agreement, Microsoft will leverage the Orange network to offer Microsoft solutions such as Microsoft 365, Copilot, Azure, and Dynamics 365 to approximately 15,000 SMEs in 2024 and ultimately to 1 million. The two companies will collaborate on training, marketing, and sales support programs, and establish a steering committee to track progress using performance indicators.

Microsoft, like Orange, continues to invest in the continent. Besides announcing the construction of a new data center in South Africa earlier this month, Microsoft has partnered with several African countries to drive digital transformation. This includes Kenya, where the company will integrate its cloud solutions into public administration e-services, and Nigeria, where it aims to enhance the digital skills of civil servants across various ministries in collaboration with a local partner.

Adoni Conrad Quenum

Posted On jeudi, 29 février 2024 12:51 Written by

Ishango Startups Center stands as a beacon, guiding young talents toward entrepreneurial success. It aims to stimulate economic development and promote innovation in the DRC.

Ishango Startups Center, a startup incubator based in the Democratic Republic of Congo (DRC), is a product of a public-private partnership between Medialab Group and its host country’s SME promotion agency OPEC. Launched in 2021, the initiative aligns with President Félix-Antoine Tshisekedi’s vision to enhance the business environment and foster entrepreneurship in the DRC.

The center’s mission is twofold, according to project coordinator Félix Mangwangu. “Firstly, we aim to educate young people from the incubation stage, transforming their projects into formal businesses or startups within the Congolese market. Secondly, we provide ongoing support to these individuals across Africa via an acceleration program.”

Ishango Startups Center is designed to address unemployment issues and cater to the specific needs of the professional sector. It provides both private and open workspaces equipped with high-speed internet and computers. Additionally, the center houses a fablab where entrepreneurs can create 3D models of prototypes relevant to their industries.

To successfully carry out its missions, Ishango Startups Center collaborates with other institutions, including Orange Digital Center (ODC) for additional startup support.  In 2023, the center participated in ODC's Orange Fab acceleration program in the DRC. Supported startups include Inki, which provides digital customer feedback solutions, and STAR UP KOBIKA NA NDAKU. The latter develops neonatal incubators with phototherapy, solar power, and health software to reduce infant mortality.

Melchior Koba

Posted On jeudi, 29 février 2024 12:43 Written by

Africa needs a skilled workforce to effectively achieve its digital transformation. It can count on the World Bank and its partners, committed to supporting its endeavors. 

The Smart Africa Digital Academy (SADA) has received a $20 million grant from the World Bank to expand its activities across Africa, as part of the West Africa Regional Digital Integration Program (WARDIP).

The World Bank funding will support a project that expands upon the existing foundations of SADA and the AReg4DT program. It will train a new generation of African policymakers and regulators, equipping them to utilize the potential of green and inclusive digital transformation through innovative approaches to policy and regulation.

"With this aim, the scale-up will reach 30,000 unique policymakers and decision-makers from all African countries, with a targeted participation level of females at 40%. Given the World Bank’s commitment to digital transformation in Africa, the grant will significantly contribute to regional integration and rapid adoption of the Single Digital Market for Africa," says the Smart Africa press release.

This grant builds upon previous World Bank and SADA collaborations aimed at building digital capabilities in Africa. In November 2023, for instance, the World Bank announced $266.5 million in funding for similar purposes and also for internet access expansion and a single West African digital market.

Initially launched by the Smart Africa Alliance with funding of around $30,000, SADA has already made remarkable progress. Since August 2020, it has offered online training for decision-makers and policy-makers, helping to improve digital skills and promote a dynamic learning ecosystem across Africa.

Samira Njoya

Posted On jeudi, 29 février 2024 12:25 Written by

Nigeria Launches Ambitious Digital Literacy Program for 40 Million SMEs.

Digitalization is crucial for SMEs as it enhances efficiency, reduces operational costs, expands market reach, and fosters innovation. By adopting digital tools and platforms, SMEs can streamline processes, improve customer engagement, and access valuable data insights, leading to increased productivity and competitiveness.

The National Information Technology Development Agency (NITDA) and the Small and Medium Enterprises Development Agency (SMEDAN) have introduced an initiative focused on enhancing digital literacy among over 40 million Small and Medium Enterprises (SMEs) nationwide. NITDA disclosed the meeting via a post on the social media platform X (formerly Twitter) on February 23rd.

This strategic collaboration seeks to safeguard approximately 70 million jobs and amplify SMEs’ substantial contribution, constituting a formidable 50% of Nigeria’s Gross Domestic Product (GDP).

Beyond mere partnership, the NITDA-SMEDAN alliance reveals an ambitious action plan to establish a comprehensive database crucial for SMEs’ future growth and sustainability. Kashifu Inuwa, Director-General of NITDA, and Charles Odii, Director-General of SMEDAN, envision a multifaceted strategy that not only prioritizes infrastructural advancements but also places significant emphasis on digital literacy.

Acknowledging the transformative potential of digital tools and platforms in reshaping operational paradigms, NITDA and SMEDAN align with the National Digital Literacy Framework (NDLF). Their shared vision heralds an era where digital competence fuels innovation and propels growth within the SME sector. The imminent Memorandum of Understanding (MoU) is poised to solidify these collaborative efforts, providing SMEs representing a staggering 90% of Nigeria’s workforce and business landscape with a robust foundation for prosperity.

As Nigeria embarks on this transformative journey, the NITDA-SMEDAN partnership emerges as a beacon of hope for millions of SMEs, intrinsically linked to the nation’s economic stability. Given the pivotal role SMEs play in Nigeria’s GDP, the success of this initiative holds the promise of a resilient and prosperous future.

Hikmatu Bilali

Posted On mercredi, 28 février 2024 16:40 Written by

Recognizing digital inclusion as a critical factor in economic growth, education, and healthcare access, organizations are working to expand internet access and promote digital literacy in Africa.

The UK’s Foreign Commonwealth and Development Office (FCDO) and the International Society of Mobile Operators (GSMA) announced a new phase of their partnership on Monday, February 27, at the Mobile World Congress (MWC) in Barcelona. The strategic partnership, valued at £37.3 million ($47.3 million), aims to accelerate digital innovation and address barriers to digital inclusion in low- and middle-income countries, including Africa.

Max Cuvellier, Head of Mobile for Development at the GSMA, expressed gratitude for the FCDO’s leadership and ongoing collaboration. “The renewal of this partnership is a tremendous opportunity to continue leveraging our respective strengths to accelerate the impact of transformative digital innovation and tackle local socio-economic challenges and climate change. We are extremely thankful for the FCDO's thoughtful leadership and longstanding collaboration,” he said.

The partnership, which has been in operation for over a decade, has already benefited over 100 million people by creating jobs and enhancing opportunities. The new phase aims to extend its reach to an additional 110 million people, including 60 million women.

The joint “Mobile for Development” program focuses on accelerating the digital and green transition for all, with a particular emphasis on supporting emerging technologies such as AI. In Africa, the program aims to overcome obstacles that hinder countries, businesses, and citizens from fully harnessing the power of digital technologies, including challenges related to mobile Internet adoption such as affordability and digital skills.

According to the GSMA, the number of unique subscribers in sub-Saharan Africa continues to grow. By 2022, the region is expected to have almost 287 million mobile Internet subscribers. Over the next six years, the total number of subscribers could reach nearly 700 million, representing a mobile penetration rate of 50%, thanks to various ongoing projects in the continent.

Samira Njoya

Posted On mercredi, 28 février 2024 11:08 Written by

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