This line-up of stories will help you discover the latest happenings around the tech world today.
“This is why our trainings will be hosted online and onsite given its objective to expose selected participants to sustainable methodology and technology devices. Our bootcamp is the first of its kind.”
On the modalities for the initiative, Oshin said participants in the bootcamp hosting would be offered accommodation during the practical modules based on crop choice and specialty.
He added that the company would organise a tour of various farm settlements and processing facilities to help the participants to learn and adopt smart agricultural practices.
The bootcamp is expected to culminate in a demo day where 10 outstanding participants will appear before investors and corporate sponsors in Lagos.
Tech Trivia: Between Whatsapp and Twitter which has the highest active monthly users?
A. Twitter
B. Whatsapp
Answer: See end of post.
2. Nigeria’s Okra raises $3.5m seed round to fund expansion plans
Okra, Nigerian fintech startup, has raised $3.5 million in seed funding round to expand its data infrastructure across the country.
Founded last year by Fara Ashiru Jituboh and David Peterside, the startup operates as an Open Finance platform enabling businesses and developers to build personalised digital services and financial products for customers
According to reports, Okra’s API creates a secure portal and process to exchange real-time financial information between customers, applications and banks.
The development came on the heels of its last year’s exercise when it closed funding from TLcom Capital.
Led by United States- based Susa Ventures, the round equally saw the participation of TLcom Capital and Accenture Ventures.
3. WeWork to begin accepting payments in cryptocurrencies
WeWork, a SoftBank-backed office-sharing startup, has declared its intention to join companies accepting payments in cryptocurrencies.
The startup has partnered with Coinbase Global Inc and payment app Bitpay to facilitate the process and transactions.
This is WeWork, according to venture analysts, joining a clutch of high-profile firms that have dived into the digital currency space recently, including Tesla Inc, Visa Inc and Bank of NY Mellon.
Bitcoin, the biggest crytocurrency, reached a record high last week ahead of the trading debut of U.S. crytocurrency exchange, Coinbase.
It would be recalled that WeWork agreed to go public late last month through a merger with a blank-check firm in a deal worth $9 billion.
Tech Trivia Answer: Whatsapp
Global Twitter usage as of the third quarter of 2020 stands at 353 million while WhatsApp reportedly have more than 2 billion monthly active users globally.
