CcHub, a major innovation incubator in Africa, announced it is offering financing along with technical support to technology projects aiming at curbing the covid-19 pandemic and its impact on the continent.
Bosun Tijani, CEO of the company headquartered in Lagos and Nairobi, said a call for projects is currently opened for this purpose. CcHub will provide between $5,000 and $10,000 to companies that come up with covid-19 related projects in the areas of last-mile communication, support to infected and vulnerable people, production of essential medical supplies and support to disrupted food supply chains.
Mr. Tijani hopes CcHub could use its network and resources to prevent the propagation of the virus and thus limit damages in Africa. He fears that the continent could not resist if ever it gets to the level of Italy or the UK.
“Some governments in Africa are taking action, but the focus in Africa has been on the port of entry measures, which isn’t reliable […] We don't have the health systems to contain it. We don't have the welfare system that can work for the most vulnerable, such as the elderly. We don't manufacture most of these medical supplies and our food [supply-chain] is not reliable,” said Tijani.
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
First investor town hall since 2021 signals renewed engagement with markets Authorities hi...
Guinea injects funds into banks to ease cash shortages Shortages persist due to hoarding and weak cash circulation Central bank pushes digital...
Africa's air cargo rose 21% in February, led by a 61.9% surge in the Asia corridor despite global logistics shifts Ethiopian Airlines gains via new...
Funding expands family allowances and disability support systems Reforms target digital payments, jobs, and support for vulnerable households The...
Casablanca Finance City becomes Africa’s top financial centre GFCI ranking shows shifting competitiveness among African financial hubs Index combines...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...