June in Africa: Internet balloons, running a blog crackdown, ICOs


Google is actively looking out out for partnerships to roll out Mission Loon in Kenya, that can involve beaming data superhighway in rural areas from hot air balloons.

In a extra connectivity enhance for Kenya, the nation’s authorities has jam aside $30 million USD from taxes paid by the nation’s cell operators to roll out connectivity initiatives in rural areas.

What is going to Africa produce with all this elevated connectivity? No longer necessary, if some African governments private the relaxation to produce with it. In Would per chance per chance well, Uganda imposed a tax on social media, and this month the Algerian authorities shut down the receive altogether, allegedly in a enlighten to forestall dishonest at some stage within the college examination interval.

In a range of rather regressive news, the Tanzanian authorities has started shutting down blogs that produce no longer pay the newly-established license prices.

Greater news from the private sector

Some African governments would be doing all they are able to to hinder the style of the tech residence, but attention-grabbing fresh launches and initiatives are serene going down each day in Africa. The Nairobi Securities Change in June launched a cell app that allows folks to develop investments and visual show unit stocks in true time.

Google had a busy month, launching a pay as you wander market analysis tool in Kenya as effectively as graduating startups from the first edition of its Launchpad Accelerator Africa. Chinese firms launched a $10 billion USD satellite tv for laptop TV project in Zambia, whereas Alipay and WeChat Pay are both now accessible in Kenya.

Africa is also more and more being bitten by the preliminary coin providing (ICO) malicious program, with Zimbabwean cryptocurrency alternate Golix, which has been rising accurate into a bunch of fresh markets on the continent, hoping to raise $32 million USD by promoting its possess digital tokens.

At final, to invent up a summary of a reasonably serene month in Africa, there had been the long-established batch of funding rounds. Early-stage fund Microtraction backed two Nigerian fintech startups, whereas NGO Villgro Kenya is to fund two Ugandan digital health firms. Norwegian accelerator Pangea made three investments in Kenya, whereas there had been also rounds for South African startups HouseMe and Lumkani. That’s fervent about now.

This post is portion of our contributor sequence. The views expressed are the creator’s possess and no longer essentially shared by TNW.

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