TechCabal On each day basis – The importance of SafeTea 🔐

by

27 AUGUST, 2021

IN PARTNERSHIP WITH


Acceptable morning ☀️ ️

You’ll soon be ready to store on TikTok.

Attributable to a partnership with Shopify, TikTok customers can now store on profiles the exercise of TikTok for Commercial.

It’s very a lot like what Instagram is doing with Instagram for Commercial. With any luck, I’m in a position to get dance classes and toughen my legwork for any unique self-discipline 🕺🏿

In currently’s version:

  • Instant Fireplace 🔥
  • The importance of SafeTea
  • What’s going to be taking place at the #FutureOfCommerce?
  • How Aboki Africa runs its online international change provider
  • TC Insights: Funding Tracker

QUICK FIRE 🔥 WITH MOULAYE TABOURÉ

Moulaye Tabouré is the CEO and Co-founder of Afrikrea, a digital market selling inclusion and accessibility to African style, crafts, arts, and tradition. 

Moulaye grew up in Mali and has labored throughout the area for firms adore PwC or Alstom. He’s currently dedicating his skills in African tradition to Afrikrea, a platform that now processes 10M$ + of transactions in 150+ international locations. 

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

I wait on of us, namely females that design African tradition products, to promote them across the area, saving them time and money. 

What has been the biggest industry resolution of your profession? 

My most foremost industry resolution turned into to swap our total industry mannequin within the center of the pandemic. This required us to lower our most foremost earnings supply (commissions) in half of and wager that our purchasers wished our services and products ample to commit to paying month-to-month! 

Gleaming what you perceive now, what advice would you give your 18-year-primitive self? 

To no longer fracture so great time attempting to toughen what I wasn’t splendid at however quite level of curiosity on getting even better at what I enjoyed and showed good outcomes at.

What are you at the moment studying or staring at? 

I am currently studying the PayPal story that shows the insides of this improbable odyssey elephantine of remarkable personalities. As we are currently fundraising, I am moreover staring at episode after episode of Shark Tank to secure within the temper! 

Whereas you occur to did no longer occupy to sleep, how would you employ the extra hours? 

Hmmm, good query! I place confidence in doing more of what I in truth adore: talking to our possibilities (we are lucky they are world, so it’s consistently daylight hours somewhere) and analysing our numbers to figure out more insights to toughen our progress.

How has your company adjusted to the pandemic? 

We occupy been lucky that our seller neighborhood renewed and bolstered their belief in us after we changed our industry mannequin. Our gross sales grew to bigger than twice the amount sooner than the pandemic and our earnings grew 5 times as we supported our sellers in every single put – no longer most attention-grabbing on our market. And that is most attention-grabbing the beginning! 

PARTNER CONTENT


Construct bigger your online gross sales with a Paystack Storefront – a free, fine seller page that helps you bring ingenious suggestions to life.

🏾 Be taught more at paystack.com/storefront

THE IMPORTANCE OF SAFETEA

You survey, I’ve consistently idea that the quickest ability to secure of us to learn unique things is to jot down it into a tune (🎵 hydrogen, helium, lithium, beryllium🎵 ) or code it into a game. 

So place confidence in how enraged I turned into after we stumbled on Digital Safe-Tea, a brand unique interactive fiction game geared against offering African females with tricks on digital security. 

Developed by Paradigm Initiative and Pollicy, Digital SafeTea is a get-your-adventure game where players skills digital threats adore zoom bombing, misrepresentation or revenge porn, and secure tricks on how most attention-grabbing to react to those situations.

What’s the tea on this?

Whereas you occur to frequent Twitter, that you just would be in a position to even preserve in mind a Twitter boycott led by females earlier this year, in April. An identical one turned into held in 2017 and the motive isn’t some distance-fetched: females aren’t safe on-web page, or online. 

According to Amnesty World, one problematic tweet is sent to females every thirty seconds. This story moreover espouses that a minimal of 52% of young females and women occupy experienced some have faith of abuse online, and sunless females customarily tend to be targets of these online abuses. 

From doxxing which entails sharing non-public knowledge of females online, to revenge porn, bullying, and even death threats, there’s heaps of vitriol directed at females online. A glimpse by Pollicy showed that 80% of females proper their online security by changing passwords most attention-grabbing. 

Platforms adore Digital SafeTea – a play-on-phrases on the note “Security” and “Tea” – wait on educate African females answer to those sophisticated situations, and what else they’re going to design to grunt online security. 

How does it work?


First, you settle your personality: Goitse, Dami, or Aisha. 

Throughout the storylines of these characters, players are supplied with assorted threatening scenarios where they are nudged to pick the suitable responses to achieve to the subsequent stage.

As players weave via the maze of threats, they are supplied with classes on navigate such threats in true life. Gamers are moreover directed to web sites and toolkits where they’re going to secure extra studying on their desired topic.

Read more in Koromone’s review of Digital SafeTea

PARTNER CONTENT


Be half of the Future Africa Collective – an weird neighborhood of investors who put money into startups constructing the blueprint forward for Africa. With a $1,000 annual or a $300 quarterly subscription price, you secure access to invest a minimal of $2,500 in up to 20 quick-increasing African startups every year. Be taught Extra

WHAT WILL BE HAPPENING AT THE FUTURE OF COMMERCE?


Okay, persist with me for just a few seconds. Per chance you’ve been seeing our invitation to register and again the Future Of Commerce, however you’re no longer quite obvious what’s going to occur at the event, so you haven’t registered or invited your chums. We secure you, and the suspense is over because right here’s a lineup of some of what we’ve deliberate for you at #FOC2021

  • Panel sessions: There’ll be an even assortment of insightful panels at the conference addressing linked issues within the industry. There’ll be panels about payments, logistics, and heaps more!
  • Strategic workshops: We’re conserving just a few catalytic workshop sessions at the conference. Regarded as one of them is a pitch session where four seed-stage startups will secure a possibility to pitch to a strategic roundtable of investors. 
  • Networking sessions: There’ll moreover be a range of alternatives for you to community with of us that can potentially preserve your industry ahead. These sessions will be intense and extremely productive and we put a query to that you just put collectively your minds in attain.
  • Music breaks: Resulting from we moreover know occupy fun, there’ll be just a few tune breaks where you revel in performances from some of your accepted artists.

Aloof uncertain? We hope no longer. Stable your situation now sooner than it will get taken.

The Contrivance forward for Commerce is delivered to you in partnership with DAI Magister and Paystack and is subsidized by DorokiChipper MoneyKlasha, and VerifyMe.

OPPORTUNITIES

Seedstars is calling for applications from ingenious minds, democracy experts, programmers, and graphic/web designers for the Digital Democracy Agonize. 

The Agonize is a world hackathon that goals to develop modern alternate choices which toughen and toughen digital democracy for electorate living under strict cyber restrictions and modify. The pinnacle three alternate choices will be awarded with $10K USD for first place, $8K USD for 2nd, and $6K USD for third.

Be taught more about the topic right here.

HOW ABOKI AFRICA RUNS ITS ONLINE FOREX SERVICE


In 2019, Idorenyin Obong had a project. 

“I wished to pay my rent with the money however I had saved up in US dollars,” he says. “I preserve in mind spending most of my day attempting to radically change USD to Naira.” To resolve this self-discipline, Idorenyin employed the services and products of regarded as most doubtless the most a wide assortment of money changers in Lagos. 

This day,it’d be hard for Idorenyin to search out a money changer as a result of the ban on sale of international change to money changers by the Central Financial institution of Nigeria (CBN)

Idorenyin is aware of many assorted Nigerians will face the project of discovering reliable money changers. It’s why he partnered with Joseph Aghedo to stumbled on Aboki Africa.

Aboki Africa offers digital international bank accounts and international swap services and products to Nigerians via its web-essentially based completely mostly platform. The platform turned into launched in 2020 as an web money swap provider. Customers can transfer international change from domiciliary accounts to their Aboki accounts in swap for naira and vice versa.

What’s catchy about this resolution is the price tag? Aboki Africa charges a 1% price on every transaction with a cap at ₦3,000 (around $6).

Read more in Michael Ajifowoke’s Aboki Africa charges 1% price on its online international change provider

WE WANT TO HEAR FROM YOU

Timi: Personally, I’m no longer a colossal danger taker so it can well all depend on heaps of things at the side of work tradition, progress alternatives, assorted benefits, & quite importantly, how low is low?👀

Would you design it?

TC INSIGHTS: FUNDING TRACKER

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

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

The assorted offers for the week are:

  • Nigerian startup Suplias, raised an undisclosed quantity from Atacama Ventures, Soma Capital, and assorted investors.
  • MaxAB, an Egyptian eCommerce platform raised an additional $15m from reward investors bringing its total Sequence A funding to $55m, the biggest ever by an Egyptian startup.
  • Egyptian startup Odiggo, a digital market for car spare components, closed a $2.2m funding spherical from YC, 500 Startups, Accelerate 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 becoming a member of the Techstars London accelerator programme.
  • South African e-health startup VitruvianMD raised $659good ample from Singapore-essentially based completely mostly Verge Healthtech Fund and some angel investors. 
  • pawaPay, an African payments company, secured a $9m seed fund. The spherical turned into led by MSA and UK-essentially based completely mostly funding fund 88mph. Vunani Capital, Kepple Ventures, and Zagadat Capital moreover participated within the spherical. 

That’s all we’ve obtained this week! 

Be aware TC Insights on TwitterInstagram and LinkedIn for more updates on funding offers.

JOB OPPORTUNITIES


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

There are more alternatives right here. Whereas you occur to’d bring collectively to fragment a job opening or a possibility, please procure this have faith.

What else we’re studying

  • The PayPal story. This article discusses the successes of PayPal and shares insight into the company’s historical past and mannequin.
  • Whereas you occur to exercise a WhatsApp mod, then that you just would be in a position to even are looking out for to read this. Kapersky has learned a malicious code spreading via a WhatsApp mod.
  • Noperide, an e-hailing platform, is selling green living via its services and products. How? Your total autos are 100% electrical!
  • This idea portion by Tech Insider argues that digital work is getting more depressing. Why? Resulting from firms are overusing tech to video display workers.

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