Senegal

24 August 2023

A Record 1,490 Fintechs entered the Ecobank Fintech Challenge 2023 with Eight (8) reaching the Final

Location: News

Ecobank Transnational Incorporated
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Eight finalists emerged from an impressive pool of 1,490 Fintechs drawn from 64 countries in and beyond Africa; the Grand Finale will take place on 6 October at the Ecobank Group Pan African Centre (www.Ecobank.com) in Lomé, Togo; all finalists will be admitted into the Ecobank Fintech Fellowship Programme; the overall winner of the Ecobank Fintech Challenge will receive a cash prize of US$50,000, in addition to being admitted into the Fellowship Programme.

Over 1,400 Fintech startups from 64 countries across Africa and beyond applied for this year's Ecobank Fintech Challenge with eight of them making the cut to the final where they will compete for the ultimate prize. This is the sixth edition of this international competition, with the highest number of applications on record.

Ecobank Group, Africa's leading pan-African banking group, said this year's applications had more than doubled compared to last year's 703 applications received from 59 countries. In 2022 Nigeria's fintech startup, ‘Touch and Pay', wowed the jury with their ‘Cowry App' to win the top prize of US$50,000.

The eight finalists who emerged from the fiercely competitive pool will compete for the coveted top prize of US$50,000 at the Grand Finale, which is scheduled to take place at the Ecobank Pan African Centre in Lomé, Togo, on 6 October 2023.

The 2023 Ecobank Fintech Challenge finalists in alphabetical order are:

Flexpay Technologies (Kenya) – FlexPay offers customers a merchant-embedded saving-based purchase experience called Save Now, Buy Later.
IPOXCap AI (South Africa) - FinanceGPT is a financial analysis platform for frontier markets. It processes structured and unstructured financial data to generate actionable insights, using advanced algorithms for financial forecasting, health monitoring and valuation.
Kastelo (South Africa) - Provides a democratised solution through diversified products, focusing on transaction, savings and forex offerings, aimed at banking the underbanked in emerging markets through client-centric solutions.
Koree (Cameroon) - Koree is a card wallet application that addresses sub-Saharan Francophone Africa spare change scarcity by digitising cash merchant payments, while empowering millions of African consumers through an incentive reward system.
Kori Tech (Senegal) – Koripass is an E-wallet linked to physical payment accessories such as
bracelets, stickers and keychains. It enables quick and easy merchant payments
using NFC and QR Code technology. No internet or smartphone required.
Smart Teller Technologies Limited (Nigeria) - Empowering cooperative digital banking, IT services, and online bill payments for seamless services.
Rubyx (Belgium and Senegal) - Rubyx enables digital lending solutions for service providers in emerging markets to bridge the financing gap that faces informal entrepreneurs and small businesses to fund their activities.
Wolf Technologies (Democratic Republic of Congo) - Makuta is a state-of-the-art application that provides a simple, convenient and secure electronic money transfer and payment experience.

Ecobank Group Chief Executive Officer, Jeremy Awori, who will be hosting the Fintech Challenge final for the first time said: “We are encouraged by the very high number of applications received for the sixth edition of our Ecobank Fintech Challenge. The significant increase in the number of participants reflects the growing impact of our investments in the fintech space, and on our operations and fintech initiatives across Africa. The finalists went through a rigorous process, and we look forward to the pitches of the eight competitors vying for the top prize and ultimately partnering with the Ecobank Group.”

On his part, Dr. Tomisin Fashina, Ecobank Group Executive, Operations and Technology, congratulated the eight finalists of the 2023 Ecobank Fintech Challenge and said, “We are proud to support the development of fintechs to drive digital banking transformation across Africa and beyond. The ever-increasing level of participation - from just 412 applications in 2018 to 1,490 submissions this year - reflects the richness of the untapped innovation and talent that exists across our continent.”

As in previous editions, all the finalists in the 6^th edition will be inducted into the Ecobank Fintech Fellowship Programme which offers:

Product roll-out on a pan-African scale: Providing the opportunity to explore product and business integration with Ecobank and potentially launch products or services in all or part of Ecobank's 35-country pan-African ecosystem.
Access to Ecobank's pan-African Banking Sandbox: Opportunity to test and develop products in the pan-African market.
Priority access to Ecobank's venture capital partners: Opportunity for access to funding.

The Ecobank Fintech Challenge recognises and promotes groundbreaking African fintech start-ups. The initiative is consistent with Ecobank's Fintech strategy of building partnerships with African fintechs to help transform digital finance and banking.

The 2023 edition of the Ecobank Fintech Challenge is co-sponsored by Huawei, Arise Invest, Asky Airlines and Proparco, and supported by ALX Africa, , ABAN Angels, Africa Fintech Network, MEST Africa, Bluespace, Naija Startups, Jeune Afrique, TechCabal and Konfidants.

For more information on the competition, please visit https://EcobankFintechChallenge.com.

Distributed by APO Group on behalf of Ecobank Transnational Incorporated.

Media Contact:
Christiane Bossom
Group Communications Manager
Ecobank Transnational Incorporated
Email: groupcorporatecomms@ecobank.com
Tel: +228 22 21 03 03
Website: www.Ecobank.com

About Ecobank Group (or ‘Ecobank Transnational Incorporated' or ‘ETI'):
Ecobank Group is the leading private pan-African banking group with unrivalled African expertise. Present in 35 sub-Saharan African countries, as well as France, the UK, UAE and China, its unique pan-African platform provides a single gateway for payments, cash management, trade and investment. The Group employs over 14,000 people and offers Consumer, Commercial, Corporate and Investment Banking products, services and solutions across multiple channels, including digital, to over 32 million customers. For further information, please visit Ecobank.com.

22 August 2023

Mercy Ships and South African Society of Anesthesiologists (SASA) Empower Medical Practitioners through Safer Anesthetics From Education (SAFE) Training Courses in South Africa

Location: News

Mercy Ships (www.MercyShips.Africa) hosted a three-day training course in Pietermaritzburg KwaZulu-Natal, to teach medical professionals how to administer safer anesthesia during surgeries. This initiative is part of an ongoing commitment to empower medical professionals in Africa through SAFE (safer anesthetics from education) courses. These courses are designed to enhance skills in obstetric and pediatric anesthesia delivery, and critical complications management during surgeries, resulting in improved safety standards and better healthcare outcomes.

The three-day training in Pietermaritzburg forms part of a broader series of eight specialized courses scheduled to take place throughout the country. These training programs are being conducted collaboratively with the South African Department of Health (DoH), the South African Society of Anesthesiologists (SASA), and Mercy Ships. Participants will have the invaluable opportunity to learn from seasoned Mercy Ships anesthetists and SASA instructors, who have a wealth of experience in teaching SAFE courses.

Each of the courses will be conducted over a three-day period and will provide a comprehensive and hands-on learning experience for medical professionals. The curriculum includes a mix of lectures, low-tech simulations, discussions, and roleplay to ensure participants gain practical skills and knowledge. The SAFE approach incorporates Mercy Ships' expertise alongside that of local instructors. These instructors undergo a rigorous “train the trainers” program, preparing them to serve as the in-country faculty of the future.

The courses are rooted in time-tested methods and insights gleaned from SAFE courses developed by the Association of Anesthetists of Great Britain and Ireland (AAGBI), ensuring the highest standards of training and education for medical professionals.

“As Mercy Ships, we are extremely proud to be a part of this transformative journey providing vital training to medical practitioners and contributing to safer anesthesia practices for the benefit of mothers and children. The support of the SASA and DoH officials has been instrumental in making these courses possible, ensuring the growth of medical capabilities and the overall well-being of patients in the region,” says Brenda van Straten, Director of Mercy Ships, South Africa.

Dr Caroline Corbett, President of SASA adds that the collaboration between the South African Society of Anaesthesiologists and Mercy Ships in the delivery of these SAFE courses will have an impact on our communities and our nation well beyond the program delivery itself. “The collective investment and prioritisation of access to and training in safe, quality healthcare for our most vulnerable patients inspires hope and builds towards the sustainability of healthcare resources required for our future. SASA looks forward to many more such initiatives and proudly acknowledges our members who have selflessly contributed their time to enabling these projects through the support of Mercy Ships,” says Dr Corbett. “It is through planting these foundations of education together that we are able to grow stronger, broader healthcare services and delivery.”

“It is a privilege to be part of a team striving towards learning, improving and enhancing skills in Paediatric Anaesthesia. Knowledge changes uncertainty and fear into confident safe practices. Thank you to Mercy Ships, DOH and faculty for your support and commitment to making this course successful,” comments Dr Chantal Rajah, Facilitator of the Pietermaritzburg course.

Over the past two years, Mercy Ships has forged a dynamic partnership with SASA, addressing an urgent need within the country. This collaboration has led to the successful delivery of these courses in South Africa, empowering medical professionals to elevate their skills and bolster patient care.

All the courses are designed to enhance the skills of qualified medical professionals, ensuring safer anesthesia practices for mothers and children. Mercy Ships is fully funding these courses, and participation is offered free of charge to the attendees. Notably, the DoH has generously extended its support to ensure the success of these training programs, demonstrating its dedication to improving medical capabilities and patient safety.

The training in Pietermaritzburg was held from August 18^th to 20^th at Northdale Hospital. The remaining courses scheduled for this year include September 13^th to 15^th SAFE Paeds Gqeberha, Livingstone Hospital; September 22nd to 24^th SAFE Obs Mbombela, Mpumalanga, and December 1^st to 6^th SAFE Obs and Paeds, East London.

Of note, Mercy Ships successfully conducted three training courses earlier this year, reflecting its steadfast dedication to nurturing medical excellence. These courses included: February 17^th to 19^th SAFE Paeds Gqeberha, Livingstone Hospital; February 27^th to March 1^st SAFE Obs + Training of the Trainers, Bloemfontein Kopano Nokeng; and July 28^th to 30^th SAFE Obs Limpopo, Polokwane, St Maria's. One of the recent courses took place at Northdale Hospital, KwaZulu Natal, where officials from the DoH, SASA, and Mercy Ships came together to support local medical professionals in their pursuit of excellence.

The ongoing partnership between Mercy Ships, SASA, and the DoH exemplifies a shared commitment to enhance healthcare delivery and improve medical capabilities across South Africa. By empowering medical professionals with specialized training, these organizations collectively strive to make a positive impact on anesthesia care ensuring safer procedures for mothers and children throughout South Africa.

For further information about the upcoming courses or to inquire about participation, please visit Mercy Ships' website https://MercyShips.co.za/. Together, we can make a significant difference, accelerating access to surgical care and surgical education and creating a brighter future for communities.

Distributed by APO Group on behalf of Mercy Ships.

For More Information Contact:
Brenda van Straten
Director, South Africa, Mercy Ships
Email: info.zaf@mercyships.org
Website: www.MercyShips.co.za

Diane Rickard
International Media Relations Manager
Mercy Ships
Email: international.media@mercyships.org
Press page: https://apo-opa.info/44mzxke

About Mercy Ships:
Mercy Ships operates hospital ships that deliver free surgeries and other healthcare services to those with little access to safe medical care. An international faith-based organization, Mercy Ships has focused entirely on partnering with African nations for the past three decades. Working with in-country partners, Mercy Ships also provides training to local healthcare professionals and supports the construction of in-country medical infrastructure to leave a lasting impact.

Each year, more than 3,000 volunteer professionals from over 60 countries serve on board the world's two largest non-governmental hospital ships, the Africa Mercy® and the Global Mercy™. Professionals such as surgeons, dentists, nurses, health trainers, cooks, and engineers dedicate their time and skills to accelerate access to safe surgical, obstetric and anaesthetic care. Mercy Ships was founded in 1978 and has offices in 16 countries as well as an Africa Service Center in Dakar, Senegal. For more information, visit MercyShips.co.za and follow @MercyShips on social media.

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7 August 2023

Cloudmania opens up opportunities for Mauritius’ business market

Location: News

Liquid Intelligent Technologies
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Cloudmania, launched by Liquid C2 in 2021 to support Africa's digital transformation journey, opens its doors for the Mauritius channel partner ecosystem. With partners in 22 countries across the continent, Cloudmania is committed to providing cloud and cyber security services to partners within an ecosystem defined by support, expertise, and enablement.

Vinay Hiralall, Managing Executive of Cloudmania, said, “Our operations have grown exponentially, in the last year itself, we have grown from 100 partners to over 500. This highlights that our value proposition resonates with channel partners across the continent. We have a deep understanding of the channel ecosystem and work with partners to provide the technical enablement, operational efficiency, and solution portfolio to drive their businesses forward. Winning the Microsoft Partner of the Year award in Ethiopia and Côte d'Ivoire in 2022 and 2023, respectively, reinforces our commitment to delivering solutions that propel cloud adoption and partner growth and accelerate digital transformation for businesses in Africa”.

All resellers that partner with Cloudmania receive access to a suite of market-leading solutions tailored to suit their customers' needs. Cloudmania aims to help channel partners better manage their business by creating a single-pane view via an always-on platform that assists with billing and subscription management services. In addition to providing partners with programmes that drive sales enablement, they also have access to our marketing initiatives and technical advisories. By alleviating the backend operations, partners can focus more on their core business of expanding their operations and increasing their customer base.

Cloudmania understands the critical role cloud and cyber security technologies play in today's digital economy. “Being recognised by one of the largest global hyper-scalers like Microsoft as ‘Partner of the Year' is testimony to Cloudmania's unwavering commitment towards ushering change, development, and progress through technology, and we hope to win next year's award for Mauritius,” concluded Hiralall.

Distributed by APO Group on behalf of Liquid Intelligent Technologies.

About Cloudmania:
Launched by Liquid C2 in 2021, Cloudmania is a Cloud Services and Solutions provider extending convenience, diversity, and a range of services. The company has opened its doors to numerous countries across the African continent, including South Africa, Uganda, Tanzania, Kenya, Rwanda, Zimbabwe, Zambia, Nigeria, Ghana, Mauritius, Ethiopia, Côte d'Ivoire, Senegal, Cameroon, Botswana, and the Democratic Republic of Congo serving the mission to bring about digital disruption using the power of the cloud. Cloudmania offers cutting-edge solutions to provide a full suite of partner-focused products and services. The organisation was awarded a Microsoft Partner of the Year in Ethiopia 2022 and Côte d'Ivoire in 2023. For more information: https://Cloudmania.Africa/

About Liquid C2:
Liquid C2 is a business of Liquid Intelligent Technologies, a pan-African technology group, offering managed cloud and security services, product solutions, and related professional and advisory services in 22 African countries. It operates Africa's widest Azure Stack deployment across four countries and deployed the only African Cyber Security Fusion Centres in South Africa and Kenya, with another four to be launched in 2023. Liquid C2 was selected as an Operator Connect launch partner by Microsoft in six countries. The organisation was a finalist in the Microsoft Partner of the Year 2021 in South Africa and Microsoft Partner of the Year in Ethiopia and Côte d'Ivoire in 2022 and 2023. https://LiquidC2.com/

5 August 2023

Leaders of African Peace Initiative makes pace

Location: News

Leaders of African Peace Initiative makes progress

The Leaders of the African Peace Initiative have recognised progress achieved since the proposals discussed with Russian President Vladimir Putin at their first meeting on 17 June 2023 in St. Petersburg.

The leaders made proposals on humanitarian issues, in particular, related to the rights of children in areas of armed activities and prisoner exchanges between Russia and Ukraine, and agreed that humanitarian efforts would continue to bring further results.

The seven African leaders issued a joint Statement on Thursday following the engagement between them and the President of the Russian Federation on 28 July in St. Petersburg, in the Russian Federation.

At that engagement last week, the leaders continued their discussion on the African Peace Initiative, which they started on 17 June 2023.

“The Leaders recognised progress achieved since then on proposals they discussed at the first meeting on 17 June 2023 on humanitarian issues, in particular, related to the rights of children in areas of armed activities and prisoner exchanges between Russia and Ukraine, and agreed that humanitarian efforts would continue to bring further results.

“The Leaders called for specific steps to remove obstacles to Russian grain and fertilizer exports, thus allowing the resumption of the full implementation of the Black Sea package initiative of the United Nations Secretary-General as endorsed on 22 July 2022 in Istanbul,” the statement read.

The leaders further called upon the United Nations to take necessary action in order to release 200 000 tons of Russian fertilizer blocked in European Union seaports for immediate and free delivery to African countries.

The leaders have agreed to continue their dialogue on the African Peace Initiative so that a door to peace can be opened.

African Leaders attending the meeting on 28 July 2023 were:

- President Azali Assoumani of the Comoros in his capacity as Chair of the African Union;
- President Cyril Ramaphosa of the Republic of South Africa;
- President Denis Sassou Nguesso of the Republic of the Congo;
- President Abdel Fattah-el Sisi of the Arab Republic of Egypt;
- President Macky Sall of the Republic of Senegal;
- President Yoweri Museveni of the Republic of Uganda;
- Foreign Minister of Zambia, Stanley Kakubo.

Advancing SA's international interests

President Cyril Ramaphosa has welcomed the 2nd Russia-Africa Summit Declaration that included cooperation in a number of strategic areas, including Science and Technology, Energy, Trade and Investments, and Defense and Security Cooperation.

This after he concluded a successful working visit to the Russian Federation where, together with Leaders of African countries, a clear call for tangible and mutually beneficial and effective cooperation between Russia and the countries of the African Continent was made, during the summit which took place in the country's cultural capital, St. Petersburg.

President Ramaphosa highlighted the importance of a monitoring and evaluation mechanism that will assess the level and pace of implementation of the Summit commitments.

He concluded his working visit to Russia with a meeting at the Konstantinovsky Palace where the two Presidents discussed South Africa and Russia’s bilateral relationship, which is built on strategic partnerships in several areas of cooperation, including energy, industry, and agriculture.

“The discussions further sought to strengthen the two countries’ cooperation in the areas of education, science and technology, with a particular focus on space and satellite technology development,” Magwenya said.

Telephone call with Canadian Prime Minister Justin Trudeau

Meanwhile on Wednesday, President Cyril Ramaphosa held a telephone discussion with Prime Minister Justin Trudeau of Canada.

The Prime Minister expressed his deep appreciation for the 600 South African firefighters that demonstrated excellence and diligence during their support in extinguishing the wild fires that ravaged parts of Canada.

“In turn, Prime Minister Trudeau offered Canada’s support in the event South Africa experiences any form of disaster in the near future.

“The Prime Minister also expressed his appreciation for South Africa’s contribution to the African Peace Initiative to Russia and Ukraine, and committed his support to search for a peaceful solution to the conflict.

Both leaders agreed to continue their bilateral cooperation and to further collaborate in 2025, when Canada hosts the G7 summit, while South Africa will be hosting the G20,” Magwenya said. – SAnews.gov.za

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Fri, 08/04/2023 - 10:54