$1.34 Billion for African startups & more AfriTech updates

AfriTech XYZ News:

• Join us at 6:30pm on the 27th of February at Wayra UK to build your network of Africa-focussed tech & non-tech professionals. Register here. 
  
• We were invited to work with the UN’s World Food program and the Elon Musk funded XPRIZE Foundation on their efforts to democratise access to the resources they have available to agritech founders across the world. Find out
  how international startup competitions fail African agri-tech founders & what we're doing about it.
  
• In conversation with Owen Madara: Country Director of Growd Global talks with our founder Bayo Adelaja. Find out more about Growd's intelligent approach to developing young Kenyan minds. 
  

 Startup Opportunities & Events

• If you're an African entrepreneur you can win a fully sponsored trip to London to pitch at the Africa Business Summit and a share of up to £10,000 in award prizes, find out more here.
  
• Emerging Tech, 28th February, Lagos. Emerging Tech will convene entrepreneurs, investors, policymakers and corporate organizationsincluding telcos and financial institutions to examine how businesses, individuals and countries across the continent can maximize the benefits of emerging technologies, specifically AI and Blockchain. 
  
• The new Google Developer Space which sits in Africa’s most active tech hub, Lagos, Nigeria, is now open and free to African developers, entrepreneurs, and startups and will house the Google Launchpad Accelerator Africa. 
  
• VC4A has created free courses together with top experts on doing business in Africa. These are learnings that cover setup, finance, legal and beyond. Find out more and sign up here.
  

 #AfriTechTrends: Financial Trends: 

• $1.34 Billion for African startups in 2019. FinTech saw $678.73 million alone, according to WeeTracker. Nigeria led the investments with $663.24 million, followed by Kenya and South Africa.
  
• $300K for IntiGo: a Tunisian bike hailing service that will now expand into food delivery. The startup has been able to facilitate over 11,000 rides in January alone, with the small network of 50 scooters.
  
• $2 Million for Ethiopian startup Gebeya: a tech talent outsourcing company which allows startups and SMEs hire IT talents remotely or in-house. It also says it has trained 600 talents since 2016 and has matched more than a third of them with startups across Africa and the world. 
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