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Africa Tech Summit London 2021

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The Africa Tech Summit London is an event where Africa Tech leaders connect, network, and share productive ideas. The 2021 summit is the 5th edition and is slated to hold n December 18th, 2021, at the London Stock Exchange.

The 2021 summit will focus on African Tech and investment across the continent will once again provide unrivalled insight, exclusive networking and business opportunities for tech leaders and investors at the fifth edition of Africa Tech Summit London at the London Stock Exchange.

The 2021 Africa Tech Summit Agenda

  1. Market Opening – London Stock Exchange
  2. Invitation Only (08.00)
  3. Registration and Networking (08.15)
  4. Remarks
    by Neanda Salvaterra – Agenda (08.55)
  5. Andrew Fassnidge – Africa Tech Summit
    Gokul Mani – London Stock Exchange (09.00)
  6. PathwaysTo Funding & Monetization – Charting The Course of Funding, Exits and M&A
    Gokul Mani – London Stock Exchange
    Kola Aina – Ventures Platform
    Noor Sweid – Global Ventures
    Eghosa Omoigui – Echo VC (09.30)
  7. Networking Break (10.20)
  8. Mobile& Digital Economy – Unpacking The Latest Trends on Connectivity, Content and Talent
    Addy Awofisayo – Head of Music, Sub-Saharan Africa -YouTube
    Emmanuel Lubanzadio – Head of Public Policy, Sub-Saharan Africa -Twitter
    Kojo Boakye – Head of Connectivity and Access Policy for Africa – META
    Mahlet Tamene – CFO – Gebeya Inc (11.10)
  9. Payments in Africa – The Billion(s) Dollar Battlefield
    Akshay Grover – Group CEO – Cellulant
    Elizabeth Rossiello – CEO & Founder – AZA Finance
    Andrew Takyi-Appiah – Co-founder & MD Zeepay (11.55)
  10. VC Lift Off – Unpacking The Explosive Growth Of Activity & Investment Outlook
    Ido Sum – Partner TLcom Capital
    Ope Sule – Business Development Manager Africa – London Stock Exchange (12.30)
  11. Networking Lunch (13.05)
  12. Roundtable– Scaling Africa Fintech for Global Success
    Hosted by Cellulant – Forum Room (14.05)
  13. DeFi for Africa – The Future of Decentralised Finance & Crypto Across The Continent
    Carmelle Cadet – Chief Executive Officer/Founder – Emtech
    Chris Ostrowski – Global Head of Public Sector Engagement – cLabs (14.05)
  14. Embedded Finance & InsurTech – Meet The Game Changers Digitising Insurance In Africa
    Jihan Abass – Founder & CEO of Lami
    Henry Mascot – Co-Founder & CEO Curacel (14.05)
  15. NetworkingBreak (15.10)
    19. The Role of Fintech’s In Developing An Inclusive Digital Economy
    Hosted by Ghana Fintech and Payments Association – Forum Room (15.40)
  16. The Last Mile – Delivering Africa’s Digital Commerce Boom
    Tega Iortim – CEO & Founder- Gricd
    Omar Hagrass – CEO & Co-Founder – Trella (15.40)
  17. Closing Remarks
    by LSE & Africa Tech Summit (17.00)
    ATS Networking Drinks Reception.

Some of the speakers are below

  1. Fope Adelowo
    Senior VP, Investment Team Helios
  2. Akshay Grover
    Group CEO Cellulant
  3. Omar Hagrass
    CEO & Co-Founder Trella
  4. Martin Kwame Awagah
    Director ACMS
  5. Carmelle Cadet
    Chief Executive Officer/Founder Emtech
  6. Odunayo Eweniyi
    Co-Founder & COO PiggyVest
  7. Elizabeth Rossiello
    CEO & Founder AZA Finance
  8. Henry Mascot
    Co-Founder & CEO Curacel

Also, the summit will be supported with the collaboration of some companies. The names of the company are M-kOPA, Cellulant, Zeepay, Curacel, Gricd, Gebeya among others.

 

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To attend this event, click on the link

ttps://www.africatechsummit.com/london/register/

 

ZTE South Africa Fined R5-Million for ‘Cartel Conduct’ Case

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ZTE has agreed to pay R5 million in a settlement agreement with the Competition Commission over “cartel behavior” in South Africa, the commission announced on Tuesday.

The commission accused the Chinese telecoms and electronics firms of working together to distort and divide markets. 

ZTE has “agreed to abstain from engaging in any banned practice of anti-competitive action in violation of the Competition Act in the future,” according to the commission. It will also establish an internal competition law compliance program.

“Having agreed to the settlement agreement’s provisions, ZTE South Africa does not accept responsibility for the behavior alleged by the commission.”

“The commission has agreed to enter into the settlement agreement with ZTE South Africa without an admission of liability, based on many factors, interpret with the remedies contained in the consent agreement, including the fact that ZTE South Africa has not previously been found guilty of contravening the act,” according to the regulator.

The Competition Commission inspected ZTE China, ZTE Hong Kong, ZTE South Africa, and ZTE Mzansi in 2013 for allegedly “allocating clients in the market for the sale of telecom equipment and network solutions in South Africa.”

“In 2011, ZTE South Africa and ZTE Mzansi decided to split markets by allocating clients between themselves,” according to the commission.

According to the commission, “the parties agreed to split the market, with ZTE Mzansi distributing telecoms equipment and network solutions to government clients and ZTE South Africa distributing equivalent things to private sector customers.” 

“Section (4)(1)(b)(ii) of the act was allegedly breached.” said the commission.  

 

Crypto Valley Venture Capital Initiates African Investment Strategy To Build Blockchain Accelerator For Africa

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CV VC (Crypto Valley Venture Capital) has launched an African investment strategy plan to purchase a blockchain accelerator for the continent. Crypto Valley Venture Capital invests in blockchain’s applicability to solving problems and creating new markets asides from crypto.

The new program is one that was launched, preceding CV VC’s public-private partnership with the Swiss State Secretariat for Economic Affairs (SECO), which is intended to see CV VC build their first blockchain-focused Accelerator for Africa. The aim of the accelerator is to focus on startups such as healthcare, Fintech, Supply Chain, Government sectors.

Deputy Head of Mission, Switzerland Embassy in South Africa, Veronique Haller commented on the initiative, where he said, “Since 15 years, Switzerland and South Africa have been enjoying an intense collaboration in education, research, and innovation. The first exchange between actors from both countries using blockchain solutions to tackle real-world issues was initiated in 2019. Switzerland, through its State Secretariat for Economic Affairs (SECO), is funding the blockchain…’’

In furtherance to that, SERI (Swiss State Secretariat for Education Research and Innovation) and the South African Department of Science and Innovation are pursuing research instruments for joint projects, research chair, and academia exchange as part of the blockchain ecosystem.

CV VC partnered with Binance Smart Chain, University of Johannesburg, and The cape Initiative. CV VC and the start-ups will travel to Cape Town and Johannesburg to spend a week with its new batch of incubates, working together.

Bitcoin Turns Bearish, Losing Over $2,500 In Value Within A Day

Following the major upgrade of the BTC network through the rollout of the long-awaited Taproot update which improves both privacy and security, bitcoin turns bearish.

The cryptocurrency has plunged by over 6 percent in the last 24 hours to below $61,000 on the morning of Tuesday, 16th of November. Other leading cryptocurrencies, including Ethereum (ether), Solana (SOL), and Cardano (ADA), as well as the meme coins dogecoin and shiba inu, have also had value drop in the last 24hrs.

Though, as bitcoin turns bearish, the price is yet to dip below $60,000 however, Bitcoin must stay over the $60,000 support level. If the coin crashes below the $60K mark, the bearish pattern may stay longer than expected.

Presently, social media is filled with hot takes by analysts and market commentators on the cause of the crypto price crash. Glen Goodman, Market analyst, and cryptocurrency author believes the latest dip is caused by “excessive optimism”.

He tweets: “Corrections last as long as it takes for most traders to start losing hope and stop buying dips.”

There hasn’t been one tangible reason for this price crash, with several factors potentially coming into play. At the end of last week, there was a rejection of the spot bitcoin ETF by the SEC, though that had little impact on the market at the time and there are more in the pipeline.

China also tightened restrictions on cryptocurrency mining, though the crackdown as at earlier this year means the number of operations left in the country is negligible.

Finally, there is a high possibility that long-term holders of BTC are taking the advantage of the recent all-time high to skim off profits from their stash.

The fall in price also brings out the panic sellers, these are traders who are typically new to cryptocurrency investment and prone to being spooked by sudden market variations.

BTC is currently trading at around $60,500, the next few hours or days will prove crucial to see whether the recovery will be properly maintained.

As it is a norm following a sudden fall in price, staunchest BTC advocates and optimistic bulls are celebrating the opportunity to “buy the dip” and stock up on BTC while its price is relatively cheap – at least compared to the week before.

Africa’s First CBDC Wallet Hits Almost 500k Downloads

CBDC (Central Bank Digital Currency) is an electronic or digital token of a country’s currency that often has blockchain at its core regulated by the nation’s monetary authority or central bank.

As of the moment, all over the world, 12 countries are piloting CBDCs, out of ​​which seven countries focus on retail CBDC, and the other five countries focus on wholesale. Africa continent is rapidly adopting retail digital currency technology while Nigeria, Ghana, South Africa, and Tunisia are all piloting CBDCs.

Nigeria with a population of 213 million is the most populous in Africa and the first on the continent to launch a CBDC project (eNaira). After the launch of eNaira on the 25th of Oct. 2021, news has been making rounds that about 17,00 transactions totaling N62million (US$151,170) have already taken place.

The Central Bank of Nigeria on Friday announced that in just 19 days after the launch of the Central Bank Digital Currency, it is picking up steam across the globe as the digital wallet for its own currency, the eNaira has 488,000 downloads in 160 countries across the globe.

In February, Nigeria put a ban on cryptocurrency trading through banks as CBN cites concerns of volatility posing risk to local investors. A report from Statista showed that Nigeria led the world in crypto adoption per capita, with 32% of respondents owning crypto assets in 2020.

However, the digital wallet (eNaira) seems to have relived the effect of the ban on many crypto traders in the country.

The eNaira is expected to roll out in three phases;

Firstly, the CBN takes responsibility for the issuance, distribution, redemption, and destruction of the currency, while it monitors the data stored on a cloud server.

Secondly, financial institutions can request the ability to issue stable coins.

While in the third phase, the Nigerian government will process its own digital payments between citizens and businesses.

Apply for Senior Back-end Engineer at OLX Group

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OLX Group is looking for an experienced Back-end developer to join their team. You will be responsible for the server side of our web applications. If you have excellent programming skills and a passion for developing applications or improving existing ones, the team would like to meet you.

As a Back-end developer, you’ll work closely with our engineers to ensure system consistency and improve user experience. Ultimately, you should be able to develop and maintain functional and stable web applications to meet our company’s needs.

Requirements

What will you be doing?

  • Hit the ground running – Gather up-to-date and in-depth understanding of the OLX MENA code base and technologies stack within weeks;
  • Actively participate in planning sessions around new product features, deliver detailed roll-out and roll-back strategies for releases;
  • Research and apply industry trends as part of your daily work;
  • Create unit tests in accordance with our established standards to cover assigned work;
  • Write and maintain exemplary code by following best programming practices;
  • Actively contribute in post-release maintenance issues;
  • Develop elegant solutions for complex problems;
  • Pioneer reliability and efficiency of our current code base, platforms and/or core systems;
  • Impact on the direction and scope of OLX’s technical vision within your stream;
  • Contribute in defining the architecture of your product steam;
  • Gain a detailed understanding of the complete architecture of our product and the position of your product stream in it;
  • Participate in peer-programming sessions and provide guidance on tasks, irrespective of complexity or scale;
  • Code review all major pull requests, defining programming standards and providing constructive feedback;
  • Provide and share a broad knowledge of technologies and architectures and function as a mentor within the scope of your product stream and outside of it when required;
  • Capacity to push back requirements when incomplete;
  • Ability to handle the entire software development end to end life cycle;
  • Liaise with the other back end engineers within your product stream, QA team, design team and your Tech Team Lead;
  • Liaise with other tech teams to share innovations from your stream;

Who they are looking for?

  • 5+ years of professional back-end software engineering experience;
  • Experience working on high-traffic and large-scale web products;
  • Experience with web infrastructure, distributed systems, performance analysis and search infrastructure;
  • Driven to gain insight into different new and old technologies;
  • Been on at least one “death march” and know exactly why some things are to be avoided;
  • 5+ years of experience in analysis, design, coding and implementation of next generation web applications in PHP;
  • 2+ years of experience in API based architectures e.g. SOA;
  • Ability to prioritize tasks and quickly and adjust in a rapidly changing environment;
  • Maintain and ensure optimal software quality within the assigned product;
  • Being actively involved in forming a product vertical team of excellent back end engineers that deliver high-quality code;
  • Passionate about making a difference, a self-starter who takes initiatives and follows through them;

To apply

Visit this website

 

The Nigerian Communications Commission Warns About a New Hacker Gang That Is Targeting Telcos and ISPs

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The Nigerian Communications Commission (NCC) has once again informed the public of the existence of another hacker gang conducting cyberespionage in the African telecoms arena, in keeping with its commitment to keep stakeholders in the country’s telecoms industry informed, educated, and protected.

According to NCC, an Iranian hacking group known as Lyceum (also known as Hexane, Siamesekitten, or Spirlin) has been reported to be targeting telecommunication companies, Internet Service Providers (ISPs), and Ministries of Foreign Affairs in Africa with upgraded malware in recent politically motivated cyber spying.

The advanced persistent threat (APT) organization has already been linked to attacks on Middle Eastern oil and gas firms. The group’s focus now appears to have shifted to the technology industry. In addition, the APT is in charge of a campaign against the Ministry of Foreign Affairs of an undisclosed African government.

Lyceum’s initial onslaught routes, according to the attackers’ manner of operation, include credential stuffing and brute-force attacks. As a result, after a victim’s machine has been infiltrated, the attackers monitor specific targets. Lyceum will attempt to deploy two types of malware in this mode: Shark and Milan (known together as James).

Backdoors are backdoors in both cases. Shark, a 32-bit executable is created in C# and .NET and creates a configuration file for DNS tunneling or Hypertext Transfer Protocol (HTTP) C2 connections, while Milan is a 32-bit Remote Access Trojan (RAT) that obtains data.

Both can communicate with the command-and-control (C2) servers of the group. The APT has a C2 server network of over 20 domains that links to the group’s backdoors, including six that were previously unrelated to the threat actors.

Individual accounts at firms of interest are typically targeted, and once breached, these accounts are used as a springboard to launch spear-phishing assaults against high-profile officials in an organization, according to reports. 

According to the report, these attackers not only seek out data on subscribers and related third-party organizations, but once infiltrated, threat actors or their sponsors can also utilize these industries to monitor individuals of interest.

However, in order to protect against such threats, the NCC wishes to re-echo ngCERT findings that telecom businesses and ISPs alike must implement numerous layers of security in addition to continuous network monitoring.

Consumers of telecom services and the general public are recommended to: 

  1. Use firewalls consistently (software, hardware, and cloud firewalls).
  2. Enable a Web Application Firewall to aid in the detection and prevention of web application-based attacks by inspecting HTTP traffic.
  3. Use up-to-date antivirus software to identify and prevent a wide range of malware, trojans, and viruses that APT hackers may use to infect your computer.
  4. Make advantage of Intrusion Prevention Systems to keep an eye on your network.
  5. Create a secure sandboxing environment that allows you to open and operate untrusted programs or codes without jeopardizing your operating system’s security.
  6. Make sure to use a virtual private network (VPN) to prevent APT hackers from gaining initial access to your company’s network.
  7. Enable anti-spam and anti-malware protection in your email apps, and train your personnel on how to spot potentially hazardous communications.

Apply for Network Consulting Engineer at Arit of Africa Limited.

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About this job

Arit of Africa Ltd is a world-class IT services organization that specializes in the deployment of high-end IT systems, solutions, and services. We are a customer-centric organization providing a range of solutions to meet the demands and challenges of our customers.

Requirements

  • Job Type: Full Time
  • Qualification: BA/BSc/HND
  • Experience: 3 – 10 years
  • Location: Lagos
  • Job Field: ICT / Computer

 

Responsibilities

  • Implement sales and marketing strategy and scheme
  • Build good relationships with new and existing clients
  • Build and develop clients to deliver set targets.
  • Maintains excellent relationships with clients and other stakeholders to obtain all necessary information as may be required, to facilitate the successful conduct of business.
  • Provide regular feedback to senior management about marketplace and competitor activity.
  • Ensure clients are well equipped with sales materials and technical training.
  • Persuading clients that a product or service will best meet their requirement with all technical details
  • Providing after-sales support services for Customers
  • Making technical presentations and demonstrating how a product will meet client needs
  • Providing pre-sales technical assistance and product education
  • Pre-Sales on Pre-Assigned Products, Solutions, and Technologies
  • Ensure Technology Solutions are well implemented according to World Class Best Practices.
  • Tenacious & creative sales approach
  • Driven and motivated by results
  • Passionate about performance marketing
  • Strong presenter and negotiator
  • Excellent written skills
  • Organized with good attention to detail
  • A self-starter who can spot new opportunities
  • Able to work as part of wide and varied team.

Experience

  • Degree in Information Technology or related field with 3-10 years of experience
  • Demonstrate strong leadership qualities in Client Relationship and Administration.
  • CCIE /CCNP Security required

 

To Apply

Visit this website

Method of Application

Interested and qualified candidates should send their applications to: careers@aritofafrica.com using the Job Title as the subject of the email.

Apply for Network Consulting Engineer Role here.

 

Apply for the Google Ghana Research Internship 2022

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The Google Ghana Research Internship is a chance for Ghanaians or Africans residing in Ghana to work for Google.

Google is a renowned technology organization that is leading the market and providing a range of internet-related services and products to people. As such, research happens everyday and probably every hour at Google in the various departments and teams in the company.

The research touches users through both services and products such as Google Search, Google Maps, Google Assistant, Google Translate, Google Cloud, etc. Google achieves this by enlisting a wide variety of projects that make use of the “latest state-of-the-art technologies that push the boundaries of what is possible.”

What Am I Expected To Do As A Research Intern?

At Google, research-focused engineering interns are embedded throughout the company. They contribute to the setup of large-scale tests — creating experiments, sampling implementations and designing new architectures, etc. Research-focused engineering interns work on real-world problems such as artificial intelligence, data mining, hardware and software performance analysis, core search, etc.

Basically, you will take part in cutting-edge research to develop solutions for real-world, large-scale problems.

What Requirements Do I Need To Meet?

Google has stipulated the requirements into two:

Minimum Qualifications:

  • Currently enrolled in a Master’s or Ph.D. degree in Computer Science or a related technical field.
  • Experience (classroom/work) in Natural Language Understanding, Computer Vision, and/or Machine Learning.
  • Experience with one or more general-purpose programming languages: Java, C++, Python or Go.
  • Experience with research from previous internships, full-time industry experience, personal projects, lab work, and/or published papers (being listed as author).

Preferred Qualifications:

  • Returning to your degree after completing the internship.
  • Ability to design and execute research agendas.
  • Available to work full-time for a minimum of 13 weeks.

Application Deadline:

November 26, 2021

To Apply:

Submit an application

Cairo Hosts 6th African Fintech Summit

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Africa is the second-fastest-growing financial market and the largest user of mobile money transfer systems in today’s world. In 2021, startup companies doubled from $160 million in 2020 to $330 million in African Fintech.

As the middle-class Africans continue to experience expansions in the adoption of digital services, coupled with the underserved informal economy, it will also increase the demand for Fintech. Because many of the African Fintech startups operate only in their area of origin, it will be a long-term major challenge to integrate fast-growing and new startup networks in the continent.

The importance of the summit is to attract foreign investment into the growing financial technology sector (Fintech) in Africa, it will as well give leverage and prospects to entrepreneurial opportunities across the globe. Hence, the 6th African Fintech summit will hold in Cairo, Egypt today, 16th of November till 17th November, 2021.

The conference is expected to focus on bringing investments to major African Financial centers in Kenya, Nigeria, South Africa as well as itself. In the short while, fintech leaders may expand internet and cellular access in urban and especially rural areas in sub-Saharan Africa that lack access to banking and other formal financial services.

Cairo Hosts 6th African Tech Summit

AFTS (African Fintech Summit) is a board is fintech pioneers where ideas are explored, collaborations formed and investments mobilized. AFTS meets twice a year to discuss Finance in technology and entrepreneurial opportunities in Washington D.C, every April during the spring meetings of the World Bank Group and every November in a different African city.

This year, Cairo will be the one to host the 2021 AFTS meeting, a powerful community of Fintech ecosystem that bridges the gap between the Northern and the sub-Saharan Africans.