Bamboo Bikes, Cancer Warriors and Fraud Fighters

50 African Startups Raised $1 million for the First Time in 2019 [View this email in your browser]( IN PARTNERSHIP WITH FLUTTERWAVE 30 - 12 - 2019 Good morning, folks! Welcome to today's edition of TC Daily. If this mail was forwarded to you, please take a moment to [subscribe]( and join us on [Telegram](. We are bringing you important stories about technology and digital innovation from Africa! Bamboo, a Flutterwave merchant, gives you unrestricted access to buy and sell U.S. stocks right from your mobile phone. Start 2020 right, create and fund your Bamboo account with your Naira or Dollar cards or through bank transfers and start buying and selling shares in just a few taps. It's quick and easy. Be more than just another consumer. Become a smart investor. [Download the app]( right now to get started. Bamboo bikes, cancer warriors and fraud fighters. [The Royal Academy of Engineering’s Africa prize has selected 16 finalists]( for the 6th edition of its award. They include 25-year old Ivory Coast tech entrepreneur, Charlette N’Guessan. Along with her friends from the Meltwater Entrepreneurial School of Technology, N’Guessan developed Bace API, a software solution that uses facial recognition and artificial intelligence to verify identities remotely, replacing existing methods such as two-step verification or password memorisation. The software will help financial institutions fight fraud. There's also William Wasswa, a lecturer in Uganda who developed a digital microscope slide scanner for cervical cancer screening. And there's Bernice Dapaah, a cycling enthusiast who created a social enterprise focused on making bicycles out of bamboo. Since 2014, the Africa Prize has sought to recognize ambitious African innovators developing scalable engineering solutions to local challenges. At 36.2%, China's Transsion currently dominates Africa's smartphone market. It sold 8.2 million smartphones in the third quarter of 2019 according to data from the International Data Corporation. However, other phone makers are now looking to compete with Transsion in its own turf; ultra low-end to mid-range smartphones. In Q3 2019, Samsung recorded 61.4% growth in the sales of its low-end devices and in Q2 2019, Nokia was the fast-growing brand in Nigeria. For TechCabal, [Abubakar dives deeper into the battle for Africa's smartphone market](. South Africa's Communications Minister, Stella Ndabeni-Abrahams [has withdrawn the appointment]( of the newly announced administrator of Usaasa. Newyear Ntuli was recently appointed by the Communications Minister as the administrator of Usaasa following the dissolution of the agency's board. Ntuli's appointment which was supposed to begin in January 2020 was rescinded following accusations of sexual misconduct. Usaasa is the agency responsible for ensuring universal access to digital products and services in South Africa. Issam Chleuh, Managing Director at Suguba [has been appointed]( Director of Anglophone and Francophone West Africa at Mastercard Advisors. MasterCard Advisors is the professional services arm of MasterCard Worldwide which provides marketing, information and payment risk management services to financial institutions and merchants around the world. [Chleuh will cover 14 West African countries]( leading business development efforts for clients and stimulating thought leadership in the region. Chleuh is an investment and finance professional with over 10 years of experience across 3 continents. [At least 50 startups in Africa]( raised $1 million for the first time in 2019. According to analysis by [Maxime Bayen]( (Senior Company Builder at GreenTech Capital), 91 startups closed a funding round of US$1 million or more this year totalling US$1.25 billion. A majority of these startups are in Nigeria and are less than 5 years old. However, only about 20% of the 91 startups have female founders. [Applications are open]( for Shopify's 2020 Summer Internship programme. Available roles include Data Science Intern, Design Intern, Web Developer Intern, among others. The roles are open to anyone including students. [Apply here before January 20, 2020](. The next TechCabal townhall holds on February 28, 2020. The February 2020 townhall will focus on... Emerging technologies including 5G, Artificial Intelligence, Augmented Reality/Virtual Reality, Cryptocurrencies, Robotics and 3D Printing. TC Townhall: Emerging Tech will examine how these technologies are changing (and will change) how Africans live and do business. Want to attend? Indicate interest [by filling this form](. Are you a member of the press, [fill this form]( to qualify for a pass. Do you have a startup or project with any of these technologies at the core? [Tell us about your project or startup here](. Have any ideas about the event or suggestions about speakers? Send us an email via team@techcabal.com and we just might make your wish come true. For sponsorship inquiries, please email Chidi via chidi@bigcabal.com. Yay! It's a new year in 2 days! We'll see you tomorrow - Olanrewaju Share TC Daily with your friends! [Share]( [Share]( [Tweet]( [Tweet]( [Forward]( [Forward]( Copyright © 2019 Big Cabal Media, All rights reserved. You are receiving this email because you signed up on TechCabal.com Our mailing address is: Big Cabal Media 18, Nnobi Street, Animashaun, Surulere, LagosSurulere 100001 Nigeria [Add us to your address book]( Want to change how you receive these emails? You can [update your preferences]( or [unsubscribe from this list](.