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Apply for Payments Product Owner Role at YellowCard

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Yellow Card is a cryptocurrency exchange on which you can buy or sell supported cryptocurrencies with your local currency. Yellow Card also offers a secure cryptocurrency wallet with which you send, receive, and store your cryptocurrencies.

We are an American based company looking to hire a Product Owner to join our exciting remote team. We are one of the first movers in bringing Cryptocurrency to the masses in Africa.

Do you love, live, and breathe payment systems? Ideas are always plentiful in a startup environment, especially in the crypto space, we need someone to help prioritise and introduce the best solutions for our platform through detailed unpacking or grooming of the requirements to lay them up for engineering.

This is an exciting position in a fast-paced ever-growing, profitable, venture-backed company. We are looking for a highly driven, analytical team-player with a positive attitude and the experience to guide payment engineering teams through all stages of the production lifecycle.

Job Type: Remote

Qualifications and skills:

  • 5 years of experience in a Product role
  • 5 years of experience previously as an analyst in payment integrations an advantage
  • Direct coordination experience in FinTech product development
  • Analytical and meticulous – can easily find edge cases when translating requirements
  • Exceptional written and in-person presentation skills
  • Ability to multitask and meet deadlines under pressure
  • Attention to detail and the tenacity to make sure quality standards are high

Responsibilities:

  • Gain a deep understanding of the country’s expansion and existing country growth needs, identify and fill payment gaps and generate new ideas that ensure growth, customer experience and drive easy deposit methods.
  • Identify areas need improving or updating, finding solutions based on thorough research and deep analysis
  • Research for product solutions including analysis of internal analytics data, consumer and competitive analysis, summarising, and presenting insights
  • Define acceptance criteria and critical metrics that define the success of a payment solution, and continue to monitor throughout the production lifecycle
  • Scope and prioritise activities based on business and customer impact

Team:

  • Exude your upbeat energy and enthusiasm each and every day to motivate your team to be the best they can in every aspect of what they do
  • Celebrate the success of others by recognising the contributions of committed team members and their achievements
  • Align your values with our Mission, Vision and Values
  • Be a role model for our culture by creating a positive impact at every touchpoint with people, with every word you say or put in print and everything you do
  • Communicate in a fashion that is respectful and well understood
  • Collaborate with your peers to collectively think of innovative ideas that drive business through technology
  • Build and utilise working relationships with internal business partners across the organisation and external business contact

We are looking forward to hearing from you soon!

Apply now: Payments Product Owner – YellowCard

View other openings at YellowCard: https://yellowcard.bamboohr.com/jobs/ 

Apply for Full Stack Engineer Position at CredPal

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CredPal credit card is designed to help you meet your most important obligations when you need to.

We are looking for a highly skilled computer programmer who is comfortable with both front and back end programming. Full stack developers are responsible for developing and designing front end web architecture, ensuring the responsiveness of applications, and working alongside graphic designers for web design features, among other duties.

Key Deliverables: 

  • Developing front end website architecture.
  • Designing user interactions on web pages.
  • Developing back-end website applications.
  • Creating servers and databases for functionality.
  • Ensuring cross-platform optimization for mobile phones.
  • Ensuring responsiveness of applications.
  • Seeing through a project from conception to finished product.
  • Designing and developing APIs.
  • Meeting both technical and consumer needs.
  • Staying abreast of developments in web applications and programming languages.

Preferred Qualification:

  • Bachelor’s Degree in Computer Science/Engineering or related field.
  • Relevant training & certifications.
  • 3-5years similar experience in a.in Fin- Tech or Financial services.(essential)
  • Experience in a Crypto company is compulsory.

Preferred Requirements:

  • Fluency or understanding of specific languages, such as Java, PHP, Python, and other operating systems may be required.
  • Strong understanding of the web development cycle and programming techniques and tools.
  • Focus on efficiency, user experience, and process improvement.
  • Excellent project and time management skills.
  • Strong problem solving and verbal and written communication skills.
  • Ability to work independently or with a group.

Apply now: https://launchafrica.io/job/full-stack-engineer_ktcrmn4iet2kHQwGr366

Stakeholder Engagement on the New Bill is Confirmed by the NITDA

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In order to ensure that Nigeria reaps the maximum benefits from the global digital economy, the National Information Technology Development Agency (NITDA) has begun the process of repealing and re-enacting the NITDA Act, 2007. This has drawn the attention of stakeholders in the information technology sector as well as the general public.

  1. The need to repeal the existing Act became necessary with the launch of the National Digital Economy Policy and Strategy (NDEPS), which effectively replaced the Nigerian National IT Policy, 2000.
  2. You may recall that the vision of the National IT Policy was to make Nigeria an IT capable country by 2005. We can all attest that Nigeria has gone beyond the vision of using IT but aiming to become the digital economy capital of Africa.
  3. Furthermore, since the enactment of the NITDA Act 2007, NITDA has operated as the catalytic Government Agency for developing and regulating the Information Technology sector.
  4. However, in light of recent advancements in Information Technology and the shift in the global economy paradigm, the NDEPS was envisioned to “transform Nigeria into a leading digital economy, providing quality life and digital economies for all”.
  5. This current reality has necessitated the reimagination for the establishment of NITDA. It is a known fact that digital technologies have created new forms of economic activities that have been beneficial to the global economy.
  6. However, these digital technologies comes with their promises and perils such as cybercrimes, privacy invasion and other social problems. This necessitates the need to proactively manage their adoption through the development of a stakeholder-led robust regulatory architecture to enable Nigeria to maximise the benefits of such technologies and mitigate the negative consequences.
  7. Therefore, the need for a more agile and practical approach to regulations, standards-setting, and guidelines development for the country, with a focus on digital and emerging technologies, cannot be overemphasized.
  8. Based on the foregoing, we identified the need to update NITDA’s legal framework for regulating and developing a digital economy for Nigeria. The Agency’s current establishment law is outdated. It cannot meet the needs and requirements for supporting a digital economy as well as effectively protect the rights and interests of stakeholders in the digital world.
  9. The review of the NITDA Act 2007 aims to address contemporary digital issues, revamp Nigeria’s economy, build trust and protect the rights and interests of players in the ecosystem.
  10. Furthermore, the review of the NITDA Act 2007 would serve as an enabler for the growth and development of Nigeria’s digital economy. Some of the highlights of the repeal include the following, amongst others, creating a framework for:

a. promoting the startup ecosystem;
b. promoting indigenous products and services through standardisation;
c. collaborating with the requisite public and private sector partners to carry out activities that will assist in electronic waste disposal;
d. fostering collaboration to facilitate the implementation of robust cybersecurity measures aimed at building trust in Nigeria’s digital economy;
e. facilitating capacity building through the digital literacy and skills initiative;
entrenching stakeholder participation in developing regulations through the rule-making process; and
f. promoting the safe use of digital technologies, including social media, for the attainment of national objectives.

11. The IT sector and general public will attest to the fact that NITDA has recorded unprecedented achievements in the past few years despite the limitations of the current establishment law. Some of these include:

a. facilitating the substantial contribution of the ICT sector to the country’s Gross Domestic Product (GDP), contributing 17.92% in the second quarter of 2021, catalysing job creation and igniting innovative activities in the tech ecosystem;
b. the implementation of the IT Project Clearance initiative that supported the Federal Government’s fight against corruption. This has resulted in over 22.45 Billion Naira saving and has significantly increased local content consumptions by over 300% in 4 years. NITDA currently registered 1573 indigenous companies to enforce local content through IT Clearance;
c. the introduction and implementation of the Nigeria Data Protection Regulation (NDPR), subsidiary legislation enshrined to ensure data protection and privacy of Nigerian citizens. The NDPR is the first of its kind in Africa, serving as a source of reference for other African countries. It also facilitated the creation of a new industry valued at around 3.4 Billion Naira, stimulated new business models, and empowered thousands of Nigerians through capacity building and skills development. It also facilitated the creation of over 2,818 new jobs in the industry;
d. executing strategic global initiatives in the innovation ecosystem such as MIT-Regional Entrepreneurship Acceleration programme (MIT REAP), Bridge to MassChallenge and Clayton Christensen’s Framework of Disruptive Innovation to foster the growth and success of startup enterprises, facilitate key strategies to compliment innovation initiatives and accelerate economic growth and job creation through Innovation Driven Enterprises; and
e. strategic deployment of digital literacy, skills and entrepreneurship initiatives resulting in building capacities of millions of Nigerians and the emergence of new economic sectors like Fintech, e-Commerce, Venture Capital Investment, Business Process Outsourcing, and robust software industry.

12. The proposed NITDA Bill aims to create a regulatory framework to accelerate Nigeria into the digital economy and substantially catalyse prosperity. This will include promoting and implementing policies that support indigenous content, access to digital services, investments in the sector, adoption of emerging technologies, innovation, research and development, with a particular focus on the rights of citizens and national interest.

13. NITDA, as the apex regulator of the IT sector, will leverage the proposed NITDAs Bill to extensively engage with crucial IT stakeholders and protect its stakeholders’ interests in the best possible way. However, this can only be achieved through more excellent connectivity and collaboration by registration and licensing processes.

14. Considering the importance of the NITDA proposed Bill. The Bill will be presented to the National Assembly as an Executive Bill. The process of Executive Bill is as follows:

a. the Agency initiated the process by sending the initial draft to its supervisory Ministry, the Federal Ministry of Communications and Digital Economy, for policy review;
b. the Federal Ministry of Communications and Digital Economy perform the policy review;
c. upon completion of the policy review, the Federal Ministry of Communications and Digital Economy conveys the initial draft Bill to the Office of the Attorney-General of the Federation and Minister of Justice Office for legal drafting and statutory review;
d. the Attorney-General of the Federation and Minister of Justice Office will revert with their legal opinion to the Federal Ministry of Communications and Digital Economy;
e. NITDA will engage all IT stakeholders in line with the Rulemaking Process of the Agency;
f. NITDA will send the updated draft Bill to its supervisory Ministry, the Federal Ministry of Communications and Digital Economy;
g. the Bill will be presented to the Federal Executive Council (FEC) and upon approval, the President will transmit the Bill to the National Assembly for the enactment process, which will include public hearings and more stakeholder engagements; and
h. upon passage by the National Assembly, it will be transmitted to the President for assent.

14. As an accountable Agency, NITDA assures Information Technology sector stakeholders as well as the general public that the process will be transparent and subjected to comprehensive stakeholder engagements. We, therefore, count on the support of Nigerians towards the successful passage of the Bill and eventual signing into law. This will undoubtedly help towards ensuring that Nigeria harnesses the potentials of the ever-expanding digital economy.

Signed:
Mrs Hadiza Umar, MNIPR, M.APRA, MCIPR
Head, Corporate Affairs and External Relations

According to reports, Apple’s next iPhone 13 will include satellite connectivity.

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According to new rumors, Apple’s forthcoming iPhone 13 will include satellite communication capability, which would allow users to make calls and send messages in places where cellular service is limited.

The iPhone 13 has been the topic of a lot of conjecture, and a lot of discussions have centered on a series of supposed iPhone 13 leaks.

According to a recent note obtained by Apple analyst Ming-Chi Kuo, the iPhone 13 will ship with new technology that will use low-orbit satellites to keep the phone linked even when there is no internet or cell service.

The Qualcomm X60 baseband processor, which purportedly enables satellite communications, is likely to be used in the iPhone 13. If this is the fact, and the gadget arrives with satellite connectivity features, the iPhone will be more appealing to potential buyers who reside in or near places without cellular coverage, such as rural African villages.

However, the iPhone 12’s projected price would dispel any thoughts that the smartphone is aimed towards digital inclusion; basic variants of the iPhone 12 cost approximately $799.

Instead, this function is likely to be more useful for travelers who travel to unserviced areas or isolated locations but still want the security of always-on satellite communications. This is a function that is generally only available on satellite phones.

Elon Musk’s Starlink appears to be the best choice right now for anyone interested in learning more about an all-encompassing communication system incorporating satellites and remote locations.

Globalstar, a supplier of LEO satellite communication services, is expected to be the business “most likely to work with Apple in terms of technology and service coverage,” according to Kuo.

For many years, Globalstar has operated dozens of satellites for voice services at low altitudes, the same altitudes that the new iPhone is claimed to tap.

Apple’s iPhone 13 is likely to be released in September, with additional rumored features including a redesigned design with a smaller notch, a larger camera bump, and new and varied color possibilities such as bubblegum pink and matte black.

Modernizing Legacy Systems in the Financial Services Industry: Discussing The Value at Digital Finance Africa.

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According to Nkosi Kumalo, Managing Executive of BCX’s digital arm, Exa, the financial sector is at a crossroads, where legacy infrastructure meets disruptive change.

On August 31, 2021, Kumalo will speak at the Digital Finance Africa virtual conference, which will be hosted by IT News Africa and sponsored by BCX.

He’ll be discussing digital transformation in financial services with over 20 inspirational speakers and over 300 finance and technology executives. The Digital Finance Africa platform aims to bring together African financial service executives and technology companies to debate important issues that the industry must address as it embarks on its digital transformation path.

The conference will also look at how financial institutions can compete with challenger banks by leveraging emerging technologies like AI, IoT, Big Data, Blockchain, and Cloud Computing to better serve their clients, enhance efficiency, and increase profitability – especially in the face of current problems.

According to Kumalo: “The financial sector has been pressured by the digital and disruptive change for years, few emerging as diamonds from the rough. Many are struggling to find a foothold in a world that’s refined and redefined by customer whim and demand. They are pushed to find smart and inventive ways to modernize legacy IT architecture, even areas that were previously considered inviolable.”

“From risk, finance, and compliance to accessibility and simplicity, financial service providers need to modernize systems or lose ground to the fresh new faces that are taking the lead. Modernization is all about taking legacy applications and optimizing them to fit with what users want,” adds Kumalo.

Kumalo will explain why infrastructure modernization is critical for competitive growth and opportunity in his talk. “The financial industry is on the verge of a new era of work, so now is the moment to make use of machine learning, data science, and analytics, as well as develop the apps that will help you seize these opportunities.”

BCX, a leading provider of end-to-end solutions, is the event’s webinar sponsor, with Nkosi Kumalo speaking between 12h45 and 13h15 on the day.

You can register for the program here.

Apply for the Ecobank Fintech Challenge 2021

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About the Challenge

Ecobank Fintech Challenge

The Ecobank Fintech Challenge identifies and partners Fintechs that are ready to scale and provides them with support and access to opportunities in Ecobank’s 33 African markets. The goal? To contribute to their growth as potential Pan African Fintech success stories.

The Challenge is open to all Fintechs on the African continent. Interested Fintechs can apply by sending details of their product as well as a demo here. These products must address one or more of a specific set of pain points which can be found here.

The selected finalists participate in the Ecobank Fintech Innovation Fair, with the top 3 finalists winning cash prizes. All finalists are inducted into the Ecobank Fintech Fellowship, which affords them the opportunity to explore deals, integration and commercial partnership with the Ecobank Group.

What’s in it for you: Benefits and Opportunities

Become a finalist; get inducted as an Ecobank Fintech Fellow and stand a chance to explore the following opportunities:

Multinational Product Roll Out

Once in a lifetime opportunity to pursue integration with Ecobank and potentially launch products in Ecobank’s over 30 markets across Africa.

Competition Cash Prizes

The top three winners at the Challenge will be awarded $15,000, $12,000 and $10,000 cash prizes respectively.

Service Provider Partnerships

Start-ups may be selected by Ecobank as local country-level partner in any of Ecobank’s 33 country ecosystem.

Access To Ecobank’s Pan-African Banking Sandbox

Fellows will be given access to a dedicated team to support on the Ecobank’s APIs test to enable them improve their products for the pan-African market.

Access To Partner Network

Founders will be inducted as Ecobank Fintech Fellows, granting them access and relationships to a vast network of global and African Accelerators and potential Investors as well as mentors.

Integration With Existing Ecobank Digital Offerings

The Challenge offers opportunities for Fintechs to potentially integrate with Ecobank’s existing digital offerings. The existing digital offerings include Ecobank Omni, Ecobank electronic financial supply chain(eFSC), Ecobank Xpress, Ecobank Mobile APP or USSD, MasterPass™ QR, mVISA™ & mCash, etc. You can learn more about these platforms HERE. We’d like applicants to pitch us how their solutions can add value to these existing Ecobank digital offerings.

Applicant’s Journey

Apply: August – Late September 2021
Get Shortlisted: September 2021
Upload Product for Sandbox Evaluation: Mid October 2021
Become a Finalist: Early November 2021
Pitch at Challenge Event/Win Cash: Late November 2021
Get Inducted into Ecobank Fintech Fellowship: Late November 2021
Explore Integration & commercial partnership opportunities with Ecobank Group: November 2021 – April 2022

For more information about the challenge, go here: https://ecobankfintechchallenge.com/

Binance Names Nigeria as the World’s #1 Country for Crypto Adoption

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Nigeria is the country with the most crypto adoption in the world, according to a recent analysis that analyzed dozens of countries based on crypto usage. According to the report, one out of every three Nigerians has used or owned cryptocurrency at some time.

The survey also revealed that by 2021, around 300 million people worldwide will have owned or utilized cryptocurrency at some time in their life.

According to recent data released by Binance, the world’s largest cryptocurrency exchange by trading volume, Nigeria is the world’s leading country for Bitcoin and crypto adoption per capita, with over one-third of Nigerians claiming to have used or owned cryptocurrency assets in 2020.

According to the poll, Nigeria’s population of around 200 million people, primarily on the younger, more tech-savvy side, and the widespread use of mobile phone-based P2P payments have prompted many Nigerians to explore cryptocurrency.

While 300 million global crypto users may appear to be a significant achievement, it is still a long way from the global monetary system that the crypto industry envisions for the world. Binance stated that 300 million is still insufficient, noting that this amount represents only 3.8 percent of the world’s population (7.9 billion) or 5.8% of the entire population aged 15 to 65. (5.1 billion).

The report concluded that once crypto hits 50% usage around the world (2.55 billion people between 15 and 65 years old), it will become one of the mostly widely used technologies in the world. “For context, Google has nearly 4 billion users, while Facebook has almost 3 billion users”, the report stated.

Binary Innovative Technology Solutions on a Course to Aid Growth, 4IR and Africa Business Strategies

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Binary Innovative Technology Solutions (Binary), a supplier of end-to-end integrated solutions, has teamed up with Hitachi Vantara, a wholly-owned subsidiary of Hitachi, Ltd, and Networks Unlimited to expand its ICT solutions and services, enterprise systems, and digital technology capabilities.

This has enabled the firm to make substantial progress toward its objective of continuing the collaboration and growth it has seen in recent months.

Binary CEO Salomi Ramlall says, “We deliver innovative, customized technology solutions to our clients across multiple sectors, including telecommunications, utilities, the media, manufacturing, retail, financial management, mining, and the public sector. Our key focus areas are agile bespoke development, human capital management and system integration to various existing platforms, as well as the supply of customizable off-the-shelf (COTS) systems.”

“Additionally, we are committed to creating jobs and growing the economy. To this end, we aim to support the Fourth Industrial Revolution (4IR), which represents a new era of innovation in technology – one that’s enhancing human-machine relationships by delivering solutions built on artificial intelligence (AI), machine learning, robotic process automation, and smart analytics.”

“In this regard,” explains Gideon Coetzee, General Manager: Networking and Storage at Networks Unlimited, “the value-add for Binary Innovative Technology Solutions is partnering with Hitachi Vantara has been very clear.”

“Hitachi Vantara provides a portfolio of infrastructure, IoT and data analytics solutions that offers its customers superior data management, infrastructure, content and analytics products and industrial IoT solutions for a wide array of industries, including financial services and insurance, government, industrials and manufacturing, telecommunications and transportation.”

Ramlall continues, “Our particular challenges revolved around our ability to respond to certain quotation requests. This was eliminated when Hitachi Vantara introduced us to Networks Unlimited, late last year when we had engaged Hitachi Vantara to assist us with a telecommunications deal in Africa. We discovered that, like Binary, Networks Unlimited understands that the markets have changed, and the world has a ‘new normal. In support of this new normal, companies expect quick delivery times to support their revenue models.”

“Networks Unlimited and Binary are able to successfully implement solutions in a short time frame, thereby enabling organizations to meet their business objectives and maintain their competitive edge. Additionally, the Hitachi Vantara solutions are highly scalable and supported by their analytical suite of products, namely Pentaho business intelligence software, which provides solutions including data integration, reporting, information dashboards, and data mining and extract. The time to market response has been quicker and more efficient.”

Pentaho, a data integration and analytics platform from Hitachi Vantara, combines conventional capabilities with big data connections to power any analytics in any context. Pentaho has enabled early big data and IoT deployments, linking people, things, and data to accelerate digital transformations in organizations. Pentaho can be installed on-premises, in the cloud, or in a hybrid configuration.

“Hitachi Vantara delivers solutions from the edge to the cloud, and Pentaho is part of that solution,” Coetzee continues. It offers a wide range of goods for engaging with consumers, allowing Binary to deliver even more services to its customers.”

Ramlall agrees, saying that Binary Innovative Technology Solutions has become more competitive as a result of the new Hitachi Vantara collaboration, which was brokered by Networks Unlimited. “Our collaborations with Networks Unlimited and Hitachi Vantara have expanded our product portfolio. We combine their technology with our software ecosystem to deliver world-class solutions.”

“We are extremely well connected with Networks Unlimited and value their culture of cooperation, openness, and trust, which are quite comparable to our own corporate culture. Throughout addition, we continue to discuss technologies that might allow 4IR in Africa, in accordance with President Cyril Ramaphosa’s pledge and push since early 2019.”

In October 2020, a report describing South Africa’s strategy and planned reaction to the Fourth Industrial Revolution was gazetted, with advice on how the country may best position itself in the global environment. The presidential commission on 4IR, which was launched in April 2019, was led by President Cyril Ramaphosa personally.

The commission was tasked with advising the government on relevant policies, strategies, and action plans to position South Africa as a smart, connected, and competitive global player. It began its work the following month, in May 2019, and was tasked with advising the government on relevant policies, strategies, and action plans to position South Africa as a smart, connected, and competitive global player.

The 4IR study will serve as the foundation for a national conversation on how all sectors of society may contribute to a technologically enabled future that will increase economic and social inclusion while also improving the country’s competitiveness.

“Our aim is to establish a larger foothold within Africa in order to assist in the development and growth of our developing continent,” Ramlall continues. Binary’s collaborations with Hitachi Vantara and Networks Unlimited, in the long run, should position us as a leading innovative technology business, allowing us to serve both South Africa and the rest of Africa.”

“The world is undergoing a digital revolution, and we want to assist businesses and African nations in gaining a competitive advantage by following the Gartner Technology Quadrants. Our main focus will be on enabling the Fourth Industrial Revolution in Africa and other underdeveloped nations, as well as breaking down the COVID-19 pandemic’s barriers.”

Fintech firm CapitalSage has raised $4 million to expand financial inclusion throughout Africa.

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CapitalSage Technology Limited, a Nigerian integrated digital financial firm, has secured $4 million through a series one private company note (PCN) issuance as part of its N10 billion program.

The money will be used to help the firm expand into new markets in Nigeria and other African nations, according to the company.

CapitalSage, formerly known as ‘Divine Mercy,’ was founded in 2014 to deliver inclusive solutions to individuals and enterprises in Africa for long-term value and wealth building.

“The Series 1 issue, with a 365-day tenor, was subscribed with solid commitments from fund managers and other institutional investors, as well as United Capital Plc,” according to the business.

CapitalSage is the first fintech firm to be listed on a private markets platform and to raise the largest amount of debt in Nigerian capital markets, according to the statement.

“Our expansion is primarily motivated by our mission to build a sustainable and inclusive digital financial infrastructure that continuously empowers individuals and companies and enables wealth creation,” said John Alamu, CapitalSage group managing director.

“We are well-positioned to further reinvent the finance environment and expand up financial inclusion across Africa with this funding.”

“CapitalSage Technology is a FinTech that offers a wide variety of financial and technical solutions service range and has demonstrated a great development potential,” said Babatunde Ajayi, United Capital’s head of capital markets and advising.

“The Company was able to attain an investment-grade rating from GCR, enabling this first entry into the Capital Markets. The transaction affirms CapitalSage’s strong management execution capacity and corporate governance position.

“In addition, it has paved the way for other FinTechs to approach the Nigerian Capital Markets, especially the deep pool of Private Markets.”

Appzone ($10 million in April), Lidya ($8.3 million in July), Cowrywise ($3 million in January), and Bankly ($2 million in March) are among the other fintech companies that have obtained cash for their company operations in 2021.

Five Ugandans are on the shortlist for Africa’s Business Heroes in 2021.

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With the nomination of participants to the 2021 Africa Business Heroes Top 50 Shortlist, the rising influence of the 40 Days 40 FinTechs project has achieved a new milestone.

As a result, Peter Kakoma, the CEO of Kanzu Code, and Emmanuel Emodek, the managing director of ChapChap, are in line to split the $1.5 million grand prize as well as additional business development advantages. Robert Kintu of Fit Insights Limited, Daniel Mukisa of Ridelink, and Ronald Hakiza of Ugabus Inc are among the other Ugandan contenders, says FRANK KISAKYE.

The 2021 Africa Business Heroes will include fifty candidates from 16 nations (ABH). They were picked from over 12,000 submissions from all around the continent.

ABH is a non-profit organization that was founded to strengthen the African entrepreneur ecosystem by finding, sharing the stories of, training, and giving grant financing to 100 Business Heroes across Africa over the next ten years. The Jack Ma Foundation is funding it.

The 50 African entrepreneurs are competing for a portion of $1.5 million in grant funds, according to the organizers, and will benefit from crucial networking and learning opportunities during their ABH journey.

“Since applications closed in early June, a prestigious pool of 233 judges has been reviewing thousands of applications from entrepreneurs across every country in Africa,” a statement said.

In Uganda’s fintech circles, Kakoma and Emodek are two of the most active financial technology entrepreneurs. Even more intriguing is the fact that they were in the same class at St Mary’s College Kisubi and later lived together after graduation.

Kanzu Code is a software development firm that helps organizations establish high-performing, dispersed software engineering teams by building web and mobile apps tailored to their needs.

Over the years, Kanzu Code has helped clients in telecommunications, publishing, finance; manufacturing and industry, tourism, and insurance to better serve over 600,000 customers.

“Appearing on the list of the top 50 Africa Business Heroes is a really big deal. It is a validation and endorsement of the work we have been doing over the years in enhancing digital and financial inclusion in Uganda and across Africa. It is proof that our team is doing something really good,” Kakoma noted.

ChapChap Africa, on the other hand, is a fintech and social enterprise that aims to enhance the lives of low-income individuals and companies by solving market inefficiencies that prevent low-income people from engaging in productive financial activities.

“It is really exciting that the Africa Business Heroes competition is putting us in the spotlight. Not just for me only as of the founder of ChapChap Africa but for any young innovator out there. It tells them that it is possible. Just imagine a scenario where no Ugandan was shortlisted for this award. That means there would be no hope out there,” Emodek said.