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22 African tech-preneurs join global Endeavor Network

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Twenty-two African tech-preneurs drawn from 10 startups in the continent, have been accepted into the global Endeavor Network, which will afford them access to various support services to help their companies scale.

The Endeavor Network initiative, according to its facilitators in a statement, “works to catalyse long-term economic growth by selecting, mentoring, and accelerating the best high-impact entrepreneurs worldwide, and has accepted a host of African entrepreneurs into its network in recent years.”

“The Endeavor Network project which started in June
2023, has since enlisted a further 22 entrepreneurs from 10 African startups that have joined the global network.

“The organisation now supports 2,555 entrepreneurs from 1,568 companies in 42 markets around the world.”

Giving a breakdown of the selected startups, the statement said:

“The 38th Virtual International Selection Panel (ISP) held in June 2023 saw Deepankar Rustagi of Nigerian retail-tech startup, OmniBiz and Said Ouissal, a Moroccan edge management and orchestration solution, ZEDEDA, selected to join.

“At the 96th ISP, held in July in Bali, Indonesia, Mostafa Amin, Muhammad Habib, and Abdallah Nofal from Egyptian on-demand grocery and household essentials delivery company, Breadfast, were selected to join the network, alongside Tunde Kara, Olumide Fayankin, Gatumi Aliyu, and Oyewale Oyepeju from Nigerian food supply chain startup, Vendease.

“The 39th virtual ISP in August saw Mohamed Elhorishy, Ismail Omar, and Abdelrahman Sherief from Egyptian social commerce startup, Taager, joined Endeavor’s ranks, while Wissem Souissi of Tunisian due diligence platform, Dasseti, was selected at the 40th Virtual ISP held in September.

“Further African founders were selected at the 97th ISP held in October in Rome, Italy, namely Mostafa El Beltagy, Abdel-Azim Osman, Ahmed Rafea, and Mohamed Abou Ghanima of Egyptian prop-tech startup, Nawy, and Brian Mogeni and Mike Otieno of Kenyan startup Wowzi, which connects African creatives with global brands.

“Michael Heyink from South African asset financing company, Yellow, joined Endeavor at the 43rd Virtual ISP held in January, while Cordel Robbin-Coker and Lucy Hoffman of South African mobile games developer, Carry1st, were selected to join the network at the 44th Virtual ISP in February.”

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Again, Starlink raises prices of its services in Nigeria

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Elon Musk’s satellite internet service provider, Starlink, has again jacked up the prices of its services in Nigeria after an earlier increase caused uproar among customers.

The service provider, in a statement released on Friday, informed its Nigerian customers that it would raise its monthly subscription prices, with the new rates set to take effect on January 27, 2025.

Under the new pricing regime, the lowest subscription tier will increase significantly from ₦38,000 to ₦75,000 per month, while mobile global roaming service will now cost ₦717,000 monthly.

The company stated that new subscribers will immediately pay the adjusted prices while existing customers will see the changes reflected in their upcoming bills.

In an email sent to users, Starlink said:

“To continue enhancing the Starlink network and provide reliable, high-quality service across Nigeria, we are adjusting our monthly subscription prices.

“These changes are part of our ongoing commitment to investing in the infrastructure needed to improve your experience with Starlink.”

This is the second time Starlink has attempted a price hike in Nigeria. The Nigerian Communications Commission (NCC) has rejected its previous increase in October on the grounds that the company had not sought the necessary regulatory approval.

However, insiders believe the NCC is set to approve an increase in the first quarter of 2025, which gives credence to insinuations that Starlink may have gotten an approval for the price increments.

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Safaricom Ethiopia launches 4G network in Gambella

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Ethiopia’s second largest telecom provider, Safaricom Telecommunications Ethiopia P.L.C., has announced the official launching of its 4G network services in Gambella and other surrounding areas.

The launching of the 4G network in the region, according to Safaricom Ethiopia CEO, Wim Vanhelleputte, highlighted the significant impact that enhanced telecommunications infrastructure could have on the region’s social and economic progress.

“In line with our commitment to digital education, Safaricom Ethiopia donated 20 laptops and 4 routers, including six months of free internet, to two high schools in Gambella City, supporting digital literacy and educational opportunities for local students,” Vanhelleputte stated.

Vanhelleputte reaffirmed Safaricom Ethiopia’s commitment to expanding its reach and ensuring that more regions gain access to reliable and high-speed internet.

“The introduction of the 4G network in Gambella is designed to deliver significant advantages to the local community,” he said .

“Enhanced connectivity will open doors to better access to information, education, and healthcare services. Additionally, it will create new opportunities for businesses and entrepreneurs, driving economic growth and development within the region.

“Safaricom Ethiopia’s move into Gambella aligns with its broader strategy to extend 4G coverage to more areas, furthering its mission of fostering nationwide connectivity,” the CEO added.

Alemitu Oumud, President of the Gambella Region who also spoke at the event, stated that, enhanced infrastructure is driving positive social and economic growth in our region.

“We commend Safaricom Ethiopia for its contributions to job creation, improving connectivity, and making Gambella a more attractive destination for investment,” Oumud said.

He stressed the potential of the new 4G network to drive business activities, attract investments, and foster entrepreneurship in the region.

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