Connect with us

Tech

Ghanaian agric startup SAYeTECH wins MEST Africa Challenge, pockets $50k prize money

Published

on

Ghanaian agric startup, SAYeTECH, has won the 2024 edition of the Meltwater Entrepreneurial School of Technology (MEST) Africa Challenge, pocketing $50,000 in equity funding to scale its operations.

MEST, a pan-African software and entrepreneurship training programme, seed fund, and incubator, had, in September, opened applications for the sixth edition of the Africa Challenge in collaboration with the Norwegian Embassy.

This year’s edition of the challenge had a specific sector focus, offering agri-tech startups the opportunity to “Find Their Soil” by providing critical support, funding, and mentorship.

The MEST Challenge attracted applicants from key markets in the West African region including Benin, Cape Verde, Côte D’Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mauritania, Nigeria, Senegal, Sierra Leone, Mali, and Togo, where six finalists were selected to pitch their solutions at a grand final held in Accra.

In the final round, SAYeTECH which develops innovative agricultural machinery tailored to African conditions, won the grand prize for its innovative agricultural machinery tailored to African conditions.

SAYeTECH founder, Theodore Ohene-Botchway, who spoke on the success of the startup, said:

“The funding will enable us to scale production and reduce delivery lead times, providing smallholder farmers with the equipment they need to increase productivity.”

Commenting on the competition which is designed to provide the ideal environment for tech innovators and startups to grow and succeed, Ashwin Ravichandran, Portfolio Advisor, MEST Africa, enthused:

“AgriTech innovation thrives when it’s rooted in the right environment. ‘Find Your Soil’ is about helping innovators find the ecosystem where they can grow.

“Through the MEST Africa Challenge, we provide the visibility, partnerships, and support to help them succeed.

“MEST Africa is committed to creating wealth and jobs in Africa by fostering digital skills, supporting startups, and providing access to global networks.”

Tech

Huawei launches cloud service in Nigeria

Published

on

Global technology company, Huawei, has launched its first African hyperscale local cloud service in Nigeria, making it the first international cloud provider to offer such services in the country.

The CEO of Huawei Nigeria, Chris Lu, who unveiled the new local cloud in Lagos on Wednesday, said it was powered by Tier 3+ data centres, providing ultra-fast services with a latency of just 15 milliseconds.

According to Lu, this will ensure that data storage and computing resources remain within Nigeria, benefiting local businesses and sectors, particularly fintech companies that require strict adherence to data protection laws.

At the launch event, themed “Leap Now With A Better Cloud,” Lu emphasised the company’s dedication to supporting Nigeria’s digital economy.

He noted that the initiative was a significant milestone towards meeting the country’s data protection regulation, and alignment with the Nigeria Data Protection Commission’s objectives to limit cross-border data transfer and have data kept within the country.

“With disruptive technology, we can transform our daily lives, our industries, and our economy. Not knowing where your data is stored is terrifying,” Lu said.

“The Huawei local cloud ensures your data and that of your customers are safely protected. Our local cloud provides better latency, better services, and ensures data sovereignty for our customers.

“Huawei’s is offering enhanced data sovereignty, reduced latency, and bolstered support for local businesses.The service aims to support Nigerian startups, SMEs, and the broader tech ecosystem and aligns with Nigeria’s regulatory environment and digital transformation goals.”

Beyond cloud technology, Huawei has invested heavily in Africa’s tech ecosystem, forming partnerships with governments and private entities to drive digital transformation.

Continue Reading

Tech

SunCulture partners Turaco to empower Kenyan farmers with affordable climate insurance

Published

on

Kenyan solar-powered irrigation solutions startup, SunCulture, has joined forces with leading mass-market insurtech company, Turaco, to launch a platform called “SunCulture Protect”, aimed at providing enhanced protection to small holder farmers using SunCulture’s pay-as-you-go (PAYG) devices.

According to Samir Ibrahim, the CEO of SunCulture, the partnership between two leading Kenyan tech companies will address the urgent need for risk mitigation tools, such as insurance, for the most vulnerable populations, enabling and expanding access to healthcare.

“As the impact from climate change escalates, the frequency and intensity of extreme weather events are expected to rise, negatively affecting health outcomes and pushing millions of Africans into poverty,” Ibrahim said.

“At SunCulture, our mission has always been to help small holder farmers grow more food and improve their livelihoods.

“Partnering with Turaco allows us to extend our commitment by not only providing sustainable energy solutions but also offering financial security and peace of mind to our customers and their families,” he said.

He also stated that SunCulture Protect offers essential health and life coverage, safeguarding customers and their families against unforeseen medical expenses and risks that are exacerbated by extreme weather events.

Ted Pantone, CEO of Turaco, who also commented on the partnership, said he believed affordable insurance should be accessible to everyone, especially those that are the most vulnerable to the impacts of climate change.

“Our partnership with SunCulture enables us to provide essential coverage that not only protects livelihoods but also fosters long-term resilience among small holder farmers,” he said.

Continue Reading

EDITOR’S PICK

Tech4 hours ago

Huawei launches cloud service in Nigeria

Global technology company, Huawei, has launched its first African hyperscale local cloud service in Nigeria, making it the first international...

Sports4 hours ago

FIFA officially confirms Morocco 2030 World Cup co-host

World football governing body, FIFA, has officially confirmed Morocco as the co-host of the 2030 world cup along with Spain...

Politics12 hours ago

Officials report fight between Somalia’s Jubbaland region, central govt

After Jubbaland staged an election against the advice of the Mogadishu administration, officials claimed on Wednesday that fighting had broken...

VenturesNow12 hours ago

Egypt’s November inflation drops to 25.5%, near 2-year low

According to figures released Tuesday by statistics agency CAPMAS, Egypt’s annual urban consumer price inflation rate fell more than anticipated...

Metro13 hours ago

10 persons on FBI wanted list arrested in Nigeria– FG

The Nigerian government has confirmed that at least 10 persons who were on the wanted list of the Federal Bureau...

Metro13 hours ago

Zambia: Ex-President Lungu alleges political manipulation after barring from 2026 poll

Former Zambian President, Edgar Lungu, has described his ban from participating in the 2026 presidential election by the Constitutional Court...

Metro1 day ago

Eight killed, scores injured in Egypt’s collapsed apartment building

At least eight people have been confirmed killed, while an unspecified number were injured after an apartment building collapsed on...

Tech1 day ago

SunCulture partners Turaco to empower Kenyan farmers with affordable climate insurance

Kenyan solar-powered irrigation solutions startup, SunCulture, has joined forces with leading mass-market insurtech company, Turaco, to launch a platform called...

Video1 day ago

Video: Nigeria’s Vice-President Shettima questions Badenoch’s migration stance

In this video, Nigeria’s Vice President, Kashim Shettima, lends his voice to the trending issue of migration in the global...

Musings From Abroad1 day ago

French army begins Chad pullout

Just two weeks after local authorities said they were terminating their defence collaboration, the French army announced that jets deployed...

Trending