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.
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
MTN Ghana completes separation of mobile money into new entity Move aims to boost fintech growth ...
Ethiopia rolling out nationwide EV charging network, EEU says First phase includes 40 stations, mainly in Addis Ababa Plan supports rapid EV growth,...
Angola issues $185 million bonds to recapitalize TAAG Move aims prepare airline for partial privatization, attract investors Restructuring...
CEMAC non-performing loans fall to 16.0% in 2025, BEAC says Lending rises 10.7% despite tighter liquidity and higher borrowing costs Growth,...
PETROCI raises 200 billion CFA francs to fund Baleine project Financing supports Phase 2 expansion, prepares launch of Phase 3 Project boosts...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...