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November 19, 2022

Welcome to Emerging Tech Trends (ETT), focusing on technologies shaping the future.

In this edition,

Modus launches AI and blockchain-focused $75M fund in sub-Saharan Africa : Modus Africa, a VC fund for AI and blockchain startups  across sub-Saharan Africa launched to create  additional conduit of market access for Modus portfolio companies ; enabling African startups to scale into the MENA region

FTX’s Local Crypto Business and Ties probed in Turkey : Turkey’s Financial Crimes Investigation Agency investigates the local arm of FTX, as well as individuals and institutions with ties to the company, as other countries are doing after the company’s collapse.

Kenya, Nigeria and South Africa lead Africa fintech growth : MasterCard’s report says Kenya, Nigeria and South Africa lead fintech growth in Africa,  singling out these countries for putting in place infrastructure and policy frameworks that facilitate the growth and development of startups

EVENTS

African tech leaders and investors to connect at London Stock Exchange for the sixth Africa Tech Summit London : Sixth edition of Africa Tech Summit London to host new ventures alongside investors and partners in London on the investment, payments, Web3, cross-border trade, agtech, ecommerce, cloud, foodtech, and provide networking opportunities and drive investment forward

OPPORTUNITY

develoPPP Ventures supports Ghanaian Startups : develoPPP Ventures supports innovative-focused startups in Ghana, Kenya and Tanzania which contributes to achieving the Sustainable Development Goals, allows them to pitch to the decision-making committee of DEG Impulse and GIZ, through which best candidates undergo an on-site review (due diligence), which, if successful, is followed by a funding contract.

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