TechCabal Day-to-day – The importance of SafeTea 🔐

by

27 AUGUST, 2021

IN PARTNERSHIP WITH


Factual morning ☀️ ️

You’ll quickly have the flexibility to shop on TikTok.

Attributable to a partnership with Shopify, TikTok users can now shop on profiles using TikTok for Industry.

It’s valid same to what Instagram is doing with Instagram for Industry. Expectantly, I can carry dance classes and improve my legwork for any contemporary wretchedness 🕺🏿

In nowadays’s version:

  • Rapid Fire 🔥
  • The importance of SafeTea
  • What’s going to seemingly be going on at the #FutureOfCommerce?
  • How Aboki Africa runs its on-line forex service
  • TC Insights: Funding Tracker

QUICK FIRE 🔥 WITH MOULAYE TABOURÉ

Moulaye Tabouré is the CEO and Co-founder of Afrikrea, a digital market promoting inclusion and accessibility to African kind, crafts, arts, and culture. 

Moulaye grew up in Mali and has labored in each achieve aside the sphere for companies bask in PwC or Alstom. He’s for the time being dedicating his experience in African culture to Afrikrea, a platform that now processes 10M$ + of transactions in 150+ nations. 

Moulaye, reward your job to a six-year-weak? 

I assist of us, especially females that create African culture products, to promote them around the sphere, saving them cash and time. 

What has been the largest business decision of your profession? 

My major business decision used to be to trade our total business mannequin within the middle of the pandemic. This required us to diminish our most main earnings provide (commissions) in half of and bet that our clients wanted our services ample to commit to paying month-to-month! 

Shimmering what now, what advice would you give your 18-year-weak self? 

To no longer waste so vital time attempting to enhance what I wasn’t moral at nonetheless reasonably middle of attention on getting even better at what I enjoyed and showed gigantic results at.

What are you for the time being finding out or staring at? 

I’m for the time being finding out the PayPal story that exhibits the insides of this wonderful odyssey fleshy of fabulous personalities. As we are for the time being fundraising, I’m additionally staring at episode after episode of Shark Tank to win within the mood! 

If you occur to did no longer want to sleep, how would you employ the further hours? 

Hmmm, gigantic demand! I imagine doing more of what I if truth be told bask in: talking to our potentialities (we are lucky they’re world, so it is always daylight someplace) and analysing our numbers to determine more insights to enhance our boost.

How has your company adjusted to the pandemic? 

We had been lucky that our vendor community renewed and strengthened their have confidence in us after we changed our business mannequin. Our sales grew to bigger than twice the amount sooner than the pandemic and our earnings grew 5 times as we supported our sellers in each and each achieve aside – no longer handiest on our market. And that’s handiest the initiating! 

PARTNER CONTENT


Build bigger your on-line sales with a Paystack Storefront – a free, pretty vendor page that helps you carry inventive strategies to life.

🏾 Be taught more at paystack.com/storefront

THE IMPORTANCE OF SAFETEA

You gaze, I’ve always thought that the fastest solution to win of us to learn contemporary issues is to write it into a music (🎵 hydrogen, helium, lithium, beryllium🎵 ) or code it into a game. 

So imagine how exasperated I used to be when we came all the way thru Digital Safe-Tea, a recent interactive fiction game geared against providing African females with solutions on digital security. 

Developed by Paradigm Initiative and Pollicy, Digital SafeTea is a preserve stop-your-streak game where players experience digital threats bask in zoom bombing, misrepresentation or revenge porn, and win solutions on how most effective to react to those eventualities.

What’s the tea on this?

If you occur to frequent Twitter, that you just might maybe well endure in mind a Twitter boycott led by females earlier this year, in April. A same one used to be held in 2017 and the reason isn’t a ways-fetched: females aren’t safe on-achieve, or on-line. 

In line with Amnesty Global, one problematic tweet is distributed to females each and every thirty seconds. This document additionally espouses that no no longer as much as 52% of younger females and girls bask in experienced some produce of abuse on-line, and dark females are more liable to be targets of these on-line abuses. 

From doxxing which involves sharing non-public recordsdata of females on-line, to revenge porn, bullying, and even loss of life threats, there’s a quantity of vitriol directed at females on-line. A glimpse by Pollicy showed that 80% of females stable their on-line security by altering passwords handiest. 

Platforms bask in Digital SafeTea – a play-on-phrases on the word “Security” and “Tea” – assist educate African females solutions on how to answer to those advanced eventualities, and what else they might be able to attain to present positive on-line security. 

How does it work?


First, you bask in selected your personality: Goitse, Dami, or Aisha. 

By the storylines of these characters, players are offered with various threatening eventualities where they’re nudged to make a call the moral responses to advance to the next stage.

As players weave thru the maze of threats, they’re offered with classes on solutions on how to navigate such threats in accurate life. Avid gamers are additionally directed to net sites and toolkits where they might be able to win further finding out on their desired matter.

Be taught more in Koromone’s overview of Digital SafeTea

PARTNER CONTENT


Be part of the Future Africa Collective – an outlandish community of investors who make investments in startups building the model forward for Africa. With a $1,000 annual or a $300 quarterly subscription charge, you win win admission to to make investments no longer no longer as much as $2,500 in as much as 20 immediate-rising African startups each and every year. Be taught Extra

WHAT WILL BE HAPPENING AT THE FUTURE OF COMMERCE?


K, stick with me for a number of seconds. Maybe you’ve been seeing our invitation to register and assist the Future Of Commerce, nonetheless you’re no longer reasonably positive what’s going to occur at the match, so that you just haven’t registered or invited your chums. We win you, and the suspense is over attributable to here’s a lineup of a number of of what we’ve planned for you at #FOC2021

  • Panel sessions: There’ll be an ethical sequence of insightful panels at the conference addressing connected subject matters within the industry. There’ll be panels about payments, logistics, and loads more!
  • Strategic workshops: We’re maintaining a number of catalytic workshop sessions at the conference. One of them is a pitch session where four seed-stage startups will win of project to pitch to a strategic roundtable of investors. 
  • Networking sessions: There’ll additionally be lots of alternatives so that you just can community with folks that can doubtlessly purchase your on-line business ahead. These sessions will seemingly be intense and extremely productive and we quiz that you just prepare your minds in advance.
  • Music breaks: Because we additionally know solutions on how to bask in time, there’ll be a number of music breaks where you experience performances from a number of of your popular artists.

Silent doubtful? We hope no longer. Stable your achieve aside now sooner than it gets taken.

The Method forward for Commerce is dropped at you in partnership with DAI Magister and Paystack and is backed by DorokiChipper CashKlasha, and VerifyMe.

OPPORTUNITIES

Seedstars is calling for capabilities from inventive minds, democracy specialists, programmers, and graphic/net designers for the Digital Democracy Device back. 

The Device back is a world hackathon that objectives to develop modern choices which improve and enhance digital democracy for electorate residing below strict cyber restrictions and control. The tip three choices will seemingly be awarded with $10K USD for first achieve aside, $8K USD for second, and $6K USD for third.

Be taught more referring to the wretchedness here.

HOW ABOKI AFRICA RUNS ITS ONLINE FOREX SERVICE


In 2019, Idorenyin Obong had an wretchedness. 

“I desired to pay my rent with the cash nonetheless I had saved up in US bucks,” he says. “I endure in mind spending most of my day attempting to turn out to be USD to Naira.” To solve this wretchedness, Idorenyin employed the services of one amongst the a large sequence of money changers in Lagos. 

On the present time,it’d be laborious for Idorenyin to safe a cash changer due to the ban on sale of international currencies to cash changers by the Central Bank of Nigeria (CBN)

Idorenyin knows many various Nigerians will face the wretchedness of finding legit cash changers. It’s why he partnered with Joseph Aghedo to came all the way thru Aboki Africa.

Aboki Africa provides digital international monetary institution accounts and international replace services to Nigerians by utilizing its net-basically based platform. The platform used to be launched in 2020 as an on-line cash replace service. Customers can transfer international currencies from domiciliary accounts to their Aboki accounts in replace for naira and vice versa.

What’s catchy about this resolution is the value label? Aboki Africa costs a 1% charge on each and every transaction with a cap at ₦3,000 (around $6).

Be taught more in Michael Ajifowoke’s Aboki Africa costs 1% charge on its on-line forex service

WE WANT TO HEAR FROM YOU

Timi: Personally, I’m no longer a gargantuan chance taker so it would all rely upon a quantity of issues including work culture, boost alternatives, various advantages, & reasonably importantly, how low is low?👀

Would you attain it?

TC INSIGHTS: FUNDING TRACKER

This week, Nigerian fintech OPay raised $400m. It’s the single-largest funding spherical closed by an African-basically based startup and marks the SoftBank Imaginative and prescient Fund’s first funding in an African startup.

Other contributors within the spherical had been Sequoia Capital China, DragonBall Capital, Redpoint China, Source Code Capital, SoftBank Ventures Asia, and 3W Capital. 

The different deals for the week are:

  • Nigerian startup Suplias, raised an undisclosed amount from Atacama Ventures, Soma Capital, and various investors.
  • MaxAB, an Egyptian eCommerce platform raised an further $15m from present investors bringing its total Sequence A funding to $55m, the largest ever by an Egyptian startup.
  • Egyptian startup Odiggo, a digital marketplace for automotive spare parts, closed a $2.2m funding spherical from YC, 500 Startups, Recede and Play Ventures, Seedra Ventures, LoftyInc Capital, and Essa Al-Saleh.
  • Kenyan retail-tech startup, MarketForce secured $100K from the Harambeans Prosperity Fund, an addition to its $2m pre-Sequence A spherical.
  • Nigerian fintech startup Awabah raised US$120K after joining the Techstars London accelerator programme.
  • South African e-health startup VitruvianMD raised $659ok from Singapore-basically based Verge Healthtech Fund and some angel investors. 
  • pawaPay, an African payments company, secured a $9m seed fund. The spherical used to be led by MSA and UK-basically based funding fund 88mph. Vunani Capital, Kepple Ventures, and Zagadat Capital additionally participated within the spherical. 

That’s all we’ve got this week! 

Apply TC Insights on TwitterInstagram and LinkedIn for more updates on funding deals.

JOB OPPORTUNITIES


Per week, TechCabal shares job alternatives within the African ecosystem.

There are more alternatives here. If you occur to’d bask in to portion a job opening or an different, please absorb this produce.

What else we’re finding out

  • The PayPal story. This text discusses the successes of PayPal and shares perception into the corporate’s history and mannequin.
  • If you occur to exercise a WhatsApp mod, then that you just might maybe additionally want to learn this. Kapersky has came all the way thru a malicious code spreading thru a WhatsApp mod.
  • Noperide, an e-hailing platform, is promoting green residing thru its services. How? The full autos are 100% electric!
  • This opinion piece by Tech Insider argues that virtual work is getting more depressing. Why? Because companies are overusing tech to music workers.

Be taught Next