Are Silicon Valley "Hub" Projects In Africa "Bad" Investments?
DSTV leaves Malawi and Spotify's AI DJ Comes to Ghana
What’s happened this Week:
DSTV leaves Malawi
Spotify’s AI DJ comes to Ghana
and more!
In 2017, a development project dubbed “Silicon Accra” was launched. The project was based on the Silicon Valley model in California and was reportedly supposed to be the home to several startups, multi-national organisations, and research institutions.
The Silicon Accra project was to be built in East Legon Hills and was to be completed in 2021.
Fast forward to 2023 and the project is still ongoing with minimal buzz. Is this a minor setback for the project? Or will it become like most of the other “Silicon Valley” projects which fail to lift off?
In The News This Week:
Multichoice Withdraws DSTV Service From Malawi
MultiChoice Africa has decided to withdraw its services from Malawi with immediate effect.
SeerBit Announces Alpha, A White Lable Product To Enable Businesses in Africa Launch Their Own Fintech Solutions
Seerbit, a Pan-African payment solutions provider, has unveiled Alpha, a white-label product that makes it easier for financial institutions, travel and hospitality companies, online marketplaces, and other businesses to drive growth and expedite the penetration of digital payments in Africa by seamlessly launching their own digital financial technology solutions.
Spotify Expands Its AI DJ Feature To Other Markets Including Ghana
Spotify is rolling out its AI-powered “DJ” to new markets globally including Ghana.
Available through the “music” feed section in the Spotify mobile app, DJ personalizes users’ listening through a curated music selection that includes spoken-word commentary powered by a synthetic voice.
In the rest of the news:
Ghana Approves Green Minerals Policy To Develop Lithium Mining And Production
TechCabal To Host Its Inaugural Moonshot Conference In Lagos, Nigeria
Moove Secures $76 Million In New Funding From Mubadala and BlackRock
Africa Ecosystem Funding Activity
AWS launches 4th round of funding for underrepresented founders in SA - Disrupt Africa
Kenya’s Lipa Later partners Mastercard to drive BNPL solutions in Africa - Disrupt Africa
Africa Impact Investing Group launched to drive capital for impact - Disrupt Africa
Egyptian pharma startup Grinta acquires counterpart Auto-Cure to expand footprint - Disrupt Africa
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