* Data as of 07:06 AM WAT, December 08, 2022.
TWO BUSINESSES RAISE R6 MILLION IN 6 WEEKS
Two agriculture businesses, Shuthuka Flagship Farm and Trailored, raised R4 million and R2.2 million, respectively, a total of R6 million ($349,304), within six weeks of listing on the equity-based crowdfunding platform GoGetta. A venture capital group, WDB Growth Fund, led the investment, and a crowd of other individual investors participated.
How does the crowdfunding platform work?
GoGetta seeks to raise equity-based investments ranging from R1.5 million to R10 million for credible businesses in Africa. Only African businesses can list on the GoGetta platform, but investors can be located anywhere. GoGetta vets all businesses that come seeking investments before it makes a fundraising agreement with the investors. Investors can select vetted opportunities on GoGetta and invest R1,000 or more to own shares in various African businesses.
Side bar: Crowdfunding platforms like Thrive Agric have been known to finance businesses in the agricultural sector. Others, like GoGetta and GetEquity, have been extending this opportunity to other sectors as well.
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ORANGE LAUNCHES DIGITAL CENTRE IN GUINEA
Image source: Foundation Orange
Orange launched a digital centre for the development of digital skills and innovation in Guinea. This is its 13th digital centre in Africa and the Middle East.
It has digital centres in Tunisia, Senegal, Ethiopia, Mali, Côte d’Ivoire, Cameroon, Egypt, Jordan, Madagascar, Morocco, Liberia, and Botswana.
According to a press release shared with TechCabal, the new digital center entails a coding school, a digital manufacturing workshop called a FabLab, and an Orange Fab start-up accelerator supported by Orange Ventures Middle East and Africa, which invests in promising startups at Orange Digital Center.
The centre and its programmes are free of charge and open to everyone.
Some more news
Orange Guinea, in partnership with universities, will also train students for free and roll out Orange Digital Center Clubs, which are like mini versions of Orange Digital Center within some universities in the regions.
Orange is working with the German Development Cooperation on these programmes to fulfil their shared vision of fostering youth employability while supporting sustainable growth and the country’s digital transformation.
PLAYSTATION 5 CONSOLE GETS DISNEY+
South Africans can now watch over 1,000 films, 1,500 series, and 200 exclusive originals of Disney, Pixar, Marvel, Star Wars, and National Geographic shows on their PlayStation 5 (PS5) console.
Before this launch on the console, they could access Disney+ on DStv Streama, Xbox One, and Series X|S. It is also available on Apple TV through a dedicated app and on smartphones and tablets, Android TV, and Chromecast devices.
The PS5 native app became available to South Africans on Tuesday, over 13 months after it launched in October last year. Disney+ supports PS5 capabilities like 4K HDR (High-Dynamic Range) streaming.
Subscribers can stream content in 4K at no extra cost, unlike other streaming services like Netflix and YouTube TV that charge subscribers a higher fee for 4K content.
Now, some of those Star Wars movies are pretty intense, so Disney Plus is coming in all its PIN-protected glory for parents who want to keep their kids entertained with age-appropriate content.
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THE NEXT WAVE SHOW: WHY TALENT IS AFRICA’S BIG NEW EXPORT
The fourth episode of The Next Wave show is now LIVE.
This episode features Adewale Yusuf, CEO of TalentQL, Chukwuemeka Afigbo, a developer relations specialist, and Snehar Shah, CEO of Moringa School. They talk about why Africa is becoming a leading destination for international recruiters, what this means for the local talent pipeline, the gaps that exist in the talent development ecosystem as well the untapped opportunities.
If you missed the broadcast on CNBC Africa, you can catch up here.
The Next Wave is brought to you by TechCabal in partnership with Flutterwave. It airs on Wednesdays at 4:30 PM (WAT) on CNBC Africa (DStv Channel 410)
For feedback and inquiries, send an email to firstname.lastname@example.org
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EVENT: THE UX PARTY
At The Unofficial Christmas Party global brands reward their high performing teams and clients.They come together to end the year on a well-deserved high note!
For a 3-course meal, entertainment and the right atmosphere to make new business connections, book a table.
Date: Decemebr 8th, 2022.
Written by- Ngozi Chukwu
Edited by – Pamela Tetteh
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