Enjoy today’s Big 5 Daily!
Brace up Techies you’ve done well! The Nigerian Bureau of Statistics has revealed that the country’s ICT sector contributed N2.57 trillion to its GDP in Q4 2019. The ICT sectors contribution stood at 13.12%, representing a 22.20% increase from Q2 2019.
Next, Econet Global has revealed its plans to bid for the Ethiopian Telecommunications license. The Strive Masiyiwa owned telco will join the likes of MTN and Vodacom in bidding for the license.
See also:The Big 5 Daily: 25th February, 2020
Guess what? Twitter Boss, Jack Dorsey is supporting DevCareer 2nd cohort—Nigeria’s nonprofit developer accelerator with N2.35 Million ($6,437). Sultan Akintunde, DevCareer’s founder revealed Jack’s support via his twitter handle.
Also, Deere & Co and Hello Tractors has formed a strategic partnership that will see them disrupt Africa’s Tractor-hailing Market. Deere & Co will grant Hello Tractors access to its durable tractors across Africa.
Finally, South Africa-based fintech platform Jumo has secured $55 million in debt and equity funding. The company plans to utilize the funding to expand to new markets in Africa and Asia.
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