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Alibaba enrolls 360 young African entrepreneurs into its Netpreneur programme

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The Alibaba Group, through its professional training arm, Alibaba Global Initiatives (AGI), has enrolled over 360 young African entrepreneurs into its latest Alibaba Netpreneur Training Programme.

The Alibaba Netpreneur Training Programme, which was first introduced in 2019, has successfully trained well over 1,500 entrepreneurs in across Africa, Europe, Latin America, South and South-East Asia since inception.

According to Dan Liu, the Senior Advisor at Alibaba Global Initiatives, the training which will run until November 10, seeks to “equip entrepreneurs and business leaders across different sectors with tangible and actionable steps they can take to advance in the digital economy.”

This will be the second training exclusively for African entrepreneurs after the inaugural class which graduated 70 African participants last October, Liu said.

“We are delighted to be able to continue advancing our vision of sharing the positive impact of the digital economy with entrepreneurs and enrolling our second cohort of African participants.

“All selected participants are founders of their respective startups from industries such as agriculture, education, information & communication technology (ICT), and trading.

“The final candidates from across the African continent will embark on a series of online classes where they will delve into approaches to harnessing technology to grow their businesses within the local economy.

“We hope this edition of our Alibaba Netpreneur Training will help entrepreneurs in Africa develop long-term, savvy digital strategies that will open up more opportunities for them.

“With companies taking to online channels to keep their business afloat during the pandemic, digitalisation is no longer a foreign concept to consumers and entrepreneurs,” he said.

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RepAir, Cella partner to launch carbon capture in Kenya

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Global Direct Air Capture (DAC) firm, RepAir, has entered into a partnership with carbon storage technology company, Cella, to launch a first-of-its-kind innovative Carbon Capture and Storage venture in Kenya.

In a statement on its website on Friday, RepAir said the venture will see a replication of its “cultivating partnerships” with storage firms in Europe, U.S. and Africa.

“This storage agreement will streamline the sale of high-quality carbon credits to off-takers, enabling corporations to meet evolving ESG standards, manage offsets and advance towards net zero goals,” the statement issued by RePAir CEO, Amir Amir Shiner, stated.

“Our solution sets a new standard, requiring only 600 kWh per ton of CO2 captured, marking the lowest energy consumption on the market.

“This agreement is perfectly aligned with the launch of our commercial demonstrator in 2025, empowering RepAir to offer high-quality carbon credits to our customers.

“It will see to the establishment of a storage partnership with Cella aimed at creating dedicated value chains for extracting CO2 from the atmosphere and permanently storing it underground through in-situ mineralization.

Corey Pattison, CEO, Cella, who also issued a statement on the partnership, said “by partnering with Cella at our first demonstration site, RepAir can capitalize on two critical resources: the potential for truly permanent, highly verifiable carbon storage via mineralization combined with Kenya’s abundant renewable energy sources.

“Together these resources provide a comprehensive solution for capturing and storing CO2 for off-takers. This collaboration represents an extraordinary opportunity to nurture mutual growth.”

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Intel Liftoff Hackathon 2024 calls for applications from African AI startups

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Applications for the 2024 cohort of Intel Liftoff Hackathon has opened for African AI startups designed to bring together aspiring tech entrepreneurs, software developers, and AI enthusiasts to collaborate, innovate, and create solutions to concrete African challenges.

In its second edition, the hackathon welcomes pioneering early-stage AI startup teams from the African continent, delving into experiments with LLM technology, a statement on the website of the organiser stated.

It added that the Intel Liftoff Hackathon for African AI Startups, which will be held online on May 27-31, is themed “Hack and Connect”, and will take place in partnership with Modus Africa, University Mohamed VI Polytechnic, Morocco

Other partners include TUT Hub of Artificial Intelligence Institute of South Africa, Prosper Africa, UM6P Ventures, FAST Accelerator, Innov8 Technology Hubs, and Open Startups International.

“The hackathon will feature hands-on workshops that will allow learning of AI essentials; three days of challenges with mentors to test skills; exhibition opportunities to showcase startups and forge partnerships with industry leaders; and networking opportunities to engage with fellow startups and gain insights from domain experts in the AI ecosystem,” the statement said.

“Winners will be invited to join the Intel Liftoff for Startups programme, and receive unique mentoring sessions with ecosystem partners and marketing opportunities with blog articles,” it concluded.

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