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AfricArena Tunisia Summit treats participants to AI innovation wave

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The AfricArena Tunisia Summit has kicked off with over 200 attendees being engaged in insightful discussions exploring the future of AI, deeptech, healthtech, and edtech innovations.

The annual event, which explored North Africa’s tech ecosystem, kicked off with great enthusiasm at the City of Culture in Tunis on Wednesday, with participants drawn from around the world.

According to Nejia Gharbi, the CEO of public investor at CDC, which is organizing the event, the AfricArena Summit is all about sharing insights about investment opportunities in Tunisia, in particular, and the north African region, in general.

In her opening address, Gharbi emphasised the country’s potentials in IT and AI skills, inviting more investments into the thriving start-up ecosystem.

Gharbi also introduced a new initiative called Direct VC, aimed at supporting start-ups with necessary funding.

“We have really good start-ups, and we are looking for more and more investment in them,” she said in her opening speech at the summit.

According to her, Tunisia’s groundbreaking Startup Act championed by the government, “continues to serve as a pioneering example for administrations across Africa.”

“With a legal framework comprising 20 investor-friendly measures, the Start-Up Act has set a remarkable precedent in fostering innovation and encouraging entrepreneurship in the region.”

Also speaking at the event’s opening, Yasmine Laribi, head of ecosystem promotion and culture of entrepreneurship and innovation at Expertise France, expressed her excitement about supporting the growth of the Tunisian tech ecosystem.

She highlighted the importance of building bridges between ecosystems and positioning Tunisia as an innovation hub, fostering collaboration between African countries and international partners.

“We are committed to supporting the different actors and players to take the Tunisian ecosystem to the next level.

“We recognise the excellence of Tunisian talent, its leadership in AI and deep tech.

“With a series of impactful sessions and collaborative initiatives, the two-day AfricArena Tunisia Summit promises to foster meaningful connections, facilitate investments, and drive innovation in the African tech sector.

“As the summit unfolds, participants should anticipate engaging discussions, start-up pitches, and transformative partnerships that will shape the future of technology in Africa and beyond,” she stated.

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Kenya’s ticketing startup BuuPass partners Flexpay for flexible travel payments 

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Kenyan digital ticketing startup, BuuPass, has entered into a partnership with goal-based savings platform, Flexpay, to offer customers flexible payment plans ahead of holiday travels as well as simplify travel planning and ease the financial burden of holiday travel for Kenyans.

Co-founder and CEO at Buupass, Sonia Kabra, who unveiled the package at a press conference, said the collaboration between the two platforms will allow travellers to save for their journeys in manageable, interest-free installments over four to 12 weeks.

“Travelers can select their travel dates, book tickets, and pay a small deposit upfront, with the remaining balance spread across weekly or monthly payments,” she said.

“This approach offers a stress-free way for families and large groups to secure their tickets early, helping them avoid last-minute price hikes as fares are locked in.

“By partnering with Flexpay, we’re giving travelers the flexibility to budget for their trips in advance. This initiative aligns with our mission to make travel accessible to everyone, providing a solution that meets customers where they are financially,” said Kabra.

Also speaking at the event, Richard Machomba, CEO and founder of Flexpay, said:

“Flexpay’s mission is to empower individuals by providing accessible financial solutions that make it easier for them to achieve their financial goals.

 

“By partnering with BuuPass, we’re making travel more accessible and stress-free for Kenyans, especially during the holiday season when expenses can be overwhelming,” Machomba added.

Founded in 2016 by Kabra and Wyclife Omondi, BuuPass is a B2B2C mobility marketplace that enables users to search, compare, and book travel tickets via web, app, or USSD, while its SaaS platform helps bus operators manage their operations, inventory, and sales.

FlexPay, on the other hand, is an online and offline payment gateway that allows merchants to offer interest-free targeted savings to their customers in Africa.

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DR Congo sues tech giant Apple over illegal mineral exploitation

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The Democratic Republic of Congo (DRC), has filed a criminal case against the European subsidiaries of tech giant, Apple, accusing them of illegal mineral exploitation and allegedly using “blood minerals” in its supply chain.

In the suit filed on Tuesday, the DRC alleges that Apple has bought contraband supplies from the country’s conflict-ladden east and Rwanda, zones in which it allege the materials are mined illegally and then integrated into global supply chains before ending up in tech devices.

The DRC suit specifically mentioned Apple subsidiaries in France and Belgium, accusing the tech giant of using conflict minerals in its supply chain.

The DRC is a major source of tin, tantalum, and tungsten which are used in electronic devices, with some mines controlled by armed groups responsible for human rights violations.

International lawyers representing the African country’s government have accused Apple’s local subsidiaries of taking these minerals from conflict areas and laundering them through international supply chains, with one lawyer telling journalists that Belgium had a moral duty to act given its history of exploiting the country’s resources under colonial rule.

However, in its response, Apple claims it conducts supplier audits and does not directly source primary minerals.

https://www.thenews.com.pk/print/1262670-dr-congo-sues-apple-over-alleged-illegal-mineral-exploitation

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