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Farmers, Assemble

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Tue, Oct 10, 2023 06:30 AM

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ThriveAgric wants to empower 125,000 smallholder farmers with financial inclusion.

ThriveAgric wants to empower 125,000 smallholder farmers with financial inclusion.                                                                                                                                                                                                                                                                                                                                                                                                                 October 10, 2023 | [Read Online]( In partnership with Share this newsletter: //link.mail.beehiiv.com/ss/c/_p8mO7pBiG6zFvckPDjzaZkxNnUja96KSCTzHXx2gCinQbxw_qdxxuopG-d0baJxAdN5L7OHU5ZQxpp-wRCFTXy9w8I_zIELgRe_S3coUxfy7wp4M5nmR0VfeSS98uErFaB-sV4G1bCKDB1ww3j4fXWyBKFcATJYSFtqcRW-dJDyH4J7qOWfbT1KBxpsm467/40b/dySZaqiQR3-XhPWdGF4BUg/h2/WiJlBKUE35f_v7TFzgSJpkSba-NRcLi5QCILDeXnQGQ [Lire en Français]( [اقرأ هذا باللغة العربية]( Happy Moonshot Week 🌙🚀 TechCabal was the [biggest winner]( of the night at the Startup Awards! We won the Best New Media Platform (Technology) Award, and our business intelligence arm TC Insights, won the Best Startup Intelligence Platform. The biggest—and most important win of the night, yes, most important😏—is the Best Startup Ecosystem Newsletter Award for TC Daily! There’s more to celebrate at TechCabal: our website surpassed 2 million readers in Q3, and [TC Daily]( hit 144,000 subscribers. Our Sunday newsletter, [Next Wave](, has over 46,000 subscribers, while [Entering Tech]( now has 56,000 readers. 🚀 Read our [Q3 impact letter]( to discover our reportorial impact so far. If you’d like to congratulate us, find us at the [Moonshot Conference]( starting tomorrow, October 11, and 12, 2023, where Africa’s most audacious thinkers and doers will celebrate innovation on the continent. In today's edition - [ThriveAgric to empower 125,000 smallholder farmers]( - [South Africa to amend SIM registration law]( - [Amazon launches development centre in Kenya]( - [Koree wins Ecobank Fintech Challenge]( - [The World Wide Web3]( - [Opportunities]( One day till the Moonshot Conference [countdownmail.com] Wondering what’s in store for Nigeria’s digital future? You can find out at the Moonshot Conference! Starting tomorrow, October 11, join some of Africa’s most audacious thinkers and builders as they network, collaborate, share insights and celebrate innovation on the continent. Join Bosun Tijani, Nigeria’s minister of communications, innovation and digital economy, Juliet Ehimuan, Oswald Osaretin Guobadia, and Tomiwa Aladekomo as they explore the future of Nigeria's digital space. Get your tickets now at [moonshot.techcabal.com/](. Agritech //link.mail.beehiiv.com/ss/c/_p8mO7pBiG6zFvckPDjzaZkxNnUja96KSCTzHXx2gCinQbxw_qdxxuopG-d0baJxAdN5L7OHU5ZQxpp-wRCFTXy9w8I_zIELgRe_S3coUxfy7wp4M5nmR0VfeSS98uErFaB-sV4G1bCKDB1ww3j4fXWyBKFcATJYSFtqcRW-dJDyH4J7qOWfbT1KBxpsm467/40b/dySZaqiQR3-XhPWdGF4BUg/h21/3eaemWRL37NjZOvAVxfylE3PrkLfLKd9J12o1aIg0YI ThriveAgric to empower 125,000 smallholder farmers [You get empowered GIF](Image source: IMGFlip Over the next year, Nigerian farmers will break into the banking scene. Nigerian agritech startup, ThriveAgric, has partnered with a global nonprofit organisation, Heifer International, to empower [125,000 smallholder farmers](. How? Through the ThriveAgric Agriculture, Youth, and Technology (AYuTe) project, born from [ThriveAgric's win]( in the 2022 AYuTe Africa Challenge. The challenge was organised by Heifer International, and it will grant smallholder farmers financial inclusion access through the initiative. In the coming year, ThriveAgric and its technical partners will facilitate the opening of bank accounts for the farmers across eight northern states in Nigeria, including Adamawa, Gombe, Yobe, Jigawa, Kaduna, Kano, Katsina, and Bauchi, giving them access to debit cards and other financial services. Furthermore, ThriveAgric will employ over 200 young individuals and provide 1,000 PoS devices to selected Nigerian youths to boost and provide income to their families. A gender-focused approach: The AYuTe project is being launched in response to the fact that only [51% of Nigerian adults]( in 2020 had access to financial services, with women being disproportionately excluded. ThriveAgric will be approaching the project with a gender lens to ensure that at least 40% of the targeted beneficiaries are women. Get a working card from Moniepoint With the Moniepoint personal banking app, you get reliable payments every time and a card that always works. Enjoy seamless payments powered by the infrastructure that 1.5 million businesses trust. [Download the app](. Telecoms //link.mail.beehiiv.com/ss/c/_p8mO7pBiG6zFvckPDjzaZkxNnUja96KSCTzHXx2gCinQbxw_qdxxuopG-d0baJxAdN5L7OHU5ZQxpp-wRCFTXy9w8I_zIELgRe_S3coUxfy7wp4M5nmR0VfeSS98uErFaB-sV4G1bCKDB1ww3j4fXWyBKFcATJYSFtqcRW-dJDyH4J7qOWfbT1KBxpsm467/40b/dySZaqiQR3-XhPWdGF4BUg/h30/2R8q2okJWq8oZL-qVJc-F2bMQHBMbIU8jM2ttPgfCmQ South Africa to amend SIM card registration law source: YungNollywood South Africa's SIM card registration law is undergoing a facelift. The county [is examining its regulation]( of the Interception of Communications and Provision of Communication-related Information Act known as the Rica Act. Rica Act?[The Rica Act]( was enacted in South Africa in 2005 to help prevent criminals from using cell phones for illegal activities. The law mandates every telecom agency to register its users. While the Rica Act aims to stem criminal activities in South Africa, a loophole exists: it does not limit the amount of SIM cards an individual can activate. Several individuals have used this to perpetrate SIM card fraud, with criminals posing as legitimate cell phone account holders using fake identity documents. The South African Banking Risk Information Centre (Sabric) estimates that a [SIM-swap fraud costs]( a victim an average of R17,800 ($920) per incident. South Africa's communications regulator is in talks with the department of justice to ensure that the amendment is passed into law in no time. Zoom out: South Africa's crackdown on sim card registration is not a first on the continent. Irregularly registered SIM cards have been used to perpetuate money laundering, cybercrime, and mobile money fraud in Africa. In 2022, [Kenya's communication authority]( turned off irregularly registered SIM cards in the country—the second time since 2018. Cloud computing //link.mail.beehiiv.com/ss/c/_p8mO7pBiG6zFvckPDjzaZkxNnUja96KSCTzHXx2gCinQbxw_qdxxuopG-d0baJxAdN5L7OHU5ZQxpp-wRCFTXy9w8I_zIELgRe_S3coUxfy7wp4M5nmR0VfeSS98uErFaB-sV4G1bCKDB1ww3j4fXWyBKFcATJYSFtqcRW-dJDyH4J7qOWfbT1KBxpsm467/40b/dySZaqiQR3-XhPWdGF4BUg/h38/MfYGtR-ryUXyKLikWZWj5EoGB-TDKkHuUsexSPkWgFg Amazon launches web services development centre in Kenya [AWS Dev Cetre Launch](Kenyan president William Ruto with Amazon reps at the launch Amazon Web Services (AWS) has opened a new [African development centre]( in Nairobi, Kenya. This is the second AWS hub in Africa, with the first one situated in Cape Town, South Africa. What’s the centre for? The AWS African Development Centre is a base for AWS Research and Development teams. The new centre will offer employment opportunities in fields like software development, cloud support, and software engineering. Why use Kenya as a second hub? Uwem Ukpong, vice president of global services at AWS, stated that the centre will help Kenya tap into a pool of talented people. He also mentioned that AWS can support Kenya's economic growth by working with local Kenyan talents, creating a win-win situation for all parties involved. The big picture: Kenya is becoming a hub for these development centres. In April Last year, Google [launched]( its first African product development centre in Nairobi, to build products and services for the African market. In March 2022, Microsoft officially opened its [premier engineering hub](, the African Development Centre in Nairobi. Kenya already has [Amazon CloudFront](, the third in Africa, in addition to two in South African cities Johannesburg and Cape Town. Amazon CloudFront is a global content delivery network (CDN) that delivers web applications and Application Programming Interface (API) with low latency, high performance, security, and reliability. Accept payments fast with the Paystack Virtual Terminal Paystack Virtual Terminal helps businesses accept blazing fast in-person payments at scale, with ZERO hardware costs. Enjoy instant transfer confirmations via WhatsApp, multiple in-person payment channels, and more. 👉🏿[Learn more](. Fintech //link.mail.beehiiv.com/ss/c/_p8mO7pBiG6zFvckPDjzaZkxNnUja96KSCTzHXx2gCinQbxw_qdxxuopG-d0baJxAdN5L7OHU5ZQxpp-wRCFTXy9w8I_zIELgRe_S3coUxedjkj3vYdjl4XHB0mxfBO576YRUzghBmxdfZTicI4U7ESpJ0Pae78AHkZrqTJfVfTC5Hwu1MO8YochbEDhHKNh/40b/dySZaqiQR3-XhPWdGF4BUg/h48/IKqSLbLVnr2S6gjC4_pVMlgbNIB03rAfSbut2S_zGp4 Koree wins Ecobank Fintech Challenge [Koree wins at Ecobank's challenge](Jeremy Awori, MD, Ecobank and Magalie Gauze, founder, Koree Koree, a Cameroonian fintech startup, [has emerged winner]( of the Ecobank Fintech Challenge, edging out seven other finalists. The startup allows customers in cash-based economies to save spare cash on a card. $50,000 equity-free funding: Koree walks home with $50,000 non-dilutive funding after emerging winner of the competition. Wolf Technologies, a DRC fintech, took second place, winning $10,000, and Flexpay, a Kenyan fintech, won $5,000 in third place. According to Magalie Gauze, founder of Koree, the money won will be used to hire business development and engineering talents as well as to get an office space in Douala, Cameroon. [Ecobank Fintech Challenge](—backed by Ecobank, one of Africa’s largest banks—identifies and partners with Fintechs that are ready to scale and provide them with support and access to opportunities in the 35 countries in which the bank is domiciled. Koree won against 1,490 pitches. [Finalists for this year’s]( edition include Flexpay Technologies (Kenya), IPOXcap AI (South Africa), Kastelo (South Africa), Koree (Cameroon), Kori Tech (Senegal), SmartTeller Technologies (Nigeria), Rubyx (Belgium), and Wolf Technologies (DRC). Zoom out: Koree becomes the first francophone country and woman-led country to win the Ecobank Fintech Challenge. The startup will be inducted into the Ecobank Fintech Fellowship alongside great Fintech alumni including Piggyvest, Touch and Pay, Moni, and Nala. Previous winners of the competition include Touch and Pay, Trove and Nokwary Technologies. Read about the National Digital Literacy Framework GIZ collaborates with NITDA in Nigeria's efforts to access the $130 billion digital skills market in Sub-Saharan Africa. They support the National Digital Literacy Framework to empower 95% of Nigerians by 2030, fostering digital literacy and standards, capacity building, and strategic initiatives implementation. [Read more](. Crypto Tracker //link.mail.beehiiv.com/ss/c/_p8mO7pBiG6zFvckPDjzaZkxNnUja96KSCTzHXx2gCinQbxw_qdxxuopG-d0baJxAdN5L7OHU5ZQxpp-wRCFTXy9w8I_zIELgRe_S3coUxfy7wp4M5nmR0VfeSS98uErFaB-sV4G1bCKDB1ww3j4fXWyBKFcATJYSFtqcRW-dJDyH4J7qOWfbT1KBxpsm467/40b/dySZaqiQR3-XhPWdGF4BUg/h57/xZHvkJM-T4U-M_rHFwszK5YLPtX2JmxTREGl7Y2KnqE The World Wide Web3 Source: [Coin Market Cap logo] Coin Name Current Value Day Month Bitcoin $27,589 - 1.25% + 6.87% Ether $1,583 - 3.07% + 0.10% XRP $0.48 - 3.66% - 0.13% MultiversX $22.93 - 6.52% - 2.97% * Data as of 06:10 AM WAT, October 10, 2023. [OneLiquidity GIF]( Elevate your business with One Liquidity's seamless integration. Choose from 10+ services to craft a custom solution. Join Obiex, Wewire, and others in providing trading, liquidity and compliance services. [Start now with zero fees](. One Integration. One Solution. One Liquidity. Opportunities //link.mail.beehiiv.com/ss/c/_p8mO7pBiG6zFvckPDjzaZkxNnUja96KSCTzHXx2gCinQbxw_qdxxuopG-d0baJxAdN5L7OHU5ZQxpp-wRCFTXy9w8I_zIELgRe_S3coUxecuxXQ4h39wVsASeAMGo3qi4RfJZhPJ98UDXsR1Qrfag/40b/dySZaqiQR3-XhPWdGF4BUg/h62/rUm_w49Wc_1AKSnmMFbXR1xOpJucN3hKwHSBoxtvx-w - The National Information Technology Development Agency (NITDA), through the Office for Nigeria Digital Innovation (ONDI), in collaboration with the Japan International Cooperation Agency (JICA), are organising a one-week networking visit to Japan by selected Nigerian CleanTech Startups. [Apply here](. - Applications are open for the Aurora Tech Award 2024. The Award is an annual global prize for women founders of tech startups. Winners of the first prize get $30,000, the second prize gets $20,000 and the third prize gets $10,000. [Apply by December 1](. What else is happening in tech? - [The Next Wave: Somalia should be part of the tech ecosystem conversation in Africa]( - [Kenya to compel foreigners to buy local health cover]( - [Inside the elite colleges behind India’s tech success]( Written by - [Faith Omoniyi]( & [Mariam Muhammad]( Edited by - [Timi Odueso]( [fb]( [tw]( [ig]( [yt]( [in]( Update your email preferences or unsubscribe [here]( © 2023 👨🏿‍🚀TC Daily 18 Nnobi Street Surulere, Lagos 101212, Nigeria [[beehiiv logo]Powered by beehiiv](

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