Week 30: African tech news in the region and on the continent

The African tech news this week covers both regional and continental news. Nigeria to launch e-naira, the launch of a Rwandan startup to help creators connect with fans, Jumia offers free shopping and more.

Nigeria to launch digital currency, “e-naira”, in Oct – central bank: Nigeria plans to launch its own cryptocurrency, called the “e-naira”, in October, its central bank governor said on Tuesday. Central Bank Governor Godwin Emefiele said the “e-naira” would operate as a wallet against which customers can hold existing funds in their bank account.

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A vendor counts out Nigerian naira banknotes inside a shop at the Ikeja computer village market in Lagos, Nigeria, on Monday, March 29, 2021. Nigerians are having to contend with the highest inflation rate in four years, the second-highest unemployment rate on a list of 82 countries tracked by Bloomberg, and an economy that’s only just emerged from recession. Photographer: Adetona Omokanye/Bloomberg

Rwanda’s Bafana launches to help artists, creators, athletes connect with their fans: Rwandan startup Bafana has launched a platform that provides African artists, creators and athletes with the necessary tools to connect with and raise funds from their fans around the world. Founded in October 2020 by Yves Mugenga and Isaac Muraganwa, both recent graduates of the African Leadership University, Bafana allows artists or athletes to create a personal page on which they can showcase their talent and creations and receive tips from fans.

Jumia is Offering its Customers Free Shopping worth Ksh 300: Jumia consumers are set to enjoy free shopping below Ksh 300 and have it delivered at a small fee to any address in the country. The move Jumia says is aimed at encouraging more consumers to try e-commerce and discover a rewarding online shopping experience.

Ecobank joins forces with Microsoft to Digitalise More African SMEs: Pan-African financial powerhouse Ecobank Transnational is teaming up with Microsoft with the objective to prepare more African SMEs to be digital businesses. This follows recent developments in the business sphere as the adoption of online business models seems to have caught on as a result of both the covid-19 effect and the mobile phone penetration.

Credit: getfundedafrica

BritBox – New Streaming Service Launches in South Africa: On-Demand streaming service BritBox is launching in South Africa on 6 August 2021. After successful launches in the United States, UK, Canada and Australia and with over two million global subscriptions, BritBox will now bring South African consumers a wide range of top-quality viewing, including the biggest collection of British box sets, courtesy of a joint venture between British television powerhouses BBC and ITV.

Read more: Week 29: The regional and continental tech news in Africa

READ: Week 28: Here is the tech news in Africa

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