What’s happened this Week:

• Oracle to set up operations in Rwanda in 2024

• Ad tech Aleph Group puts its brand under the name “Aleph”

• and more!

In May 2022, the Government of Ghana implemented an Electronic Levy (E-Levy) where a 1.5% tax was placed on the electronic transfer of money in the country. This E-Levy mostly affected mobile money transfers of 100 GHC or more.

In its first year, the e-levy missed its revenue target and now it looks like the e-levy might miss its set target in 2023 of GHC 1.1 billion. 

In The News This Week:

Ghana Amongst Top Five Countries With At Least 1000 Female Sellers On Anka E-commerce Platform

According to a white paper by ANKA, a leading e-commerce platform in Africa, the top 5 countries with at least 1000 active women sellers on its platform are Nigeria, Ivory Coast, Senegal, Kenya, and Ghana.

Airbnb Launches $500,000 Fund to Support Tourism Growth in Africa

Airbnb has launched a $500,000 fund to support inclusive and sustainable tourism growth in Africa. The announcement was made at the Africa Travel Summit in Johannesburg.

Oracle to Set Up Cloud Computing Operations In Rwanda in 2024

According to a report by New Times, technology company, Oracle, will reportedly set up cloud computing infrastructure in the country of Rwanda in June 2024.

In the rest of the news:

• Kowoka Invites Visionary Founders to Join Its Innovative Venture Builder Program

• Will AT (Formerly AirtelTigo) Survive In The Long Term In Ghana?

• Aleph Group Puts its Global Brands Under Its “One Brand” Initiative

• E-Commerce Activity In Africa Remains Low Compared To Other Regions – GSMA Report

Tech Events In Ghana

We’re putting together events that will be happening later in Ghana this year. You can check them out here:

Africa Ecosystem Funding Activity

• SA crypto exchange VALR partners Visa to issue payment cards - Disrupt Africa

• AAIC Investment announces new backing for health-focused fund, takes total size of funds to $87m - Disrupt Africa

• Egyptian ed-tech startup Crafty Workshop raises $400k seed round - Disrupt Africa

• Egyptian ed-tech startup OBM Education raises 6-figure funding to speed Saudi expansion - Disrupt Africa

Labari Media Podcast

In our latest episode, we spoke to Jessica Uche, country director of Native Teams in Nigeria.

We spoke about the Native Teams platform, how they’re contributing to helping companies onboard remote workers, and how partnerships help Native Teams to scale in Africa.

Labari Data Insights

This week, we introduced a new section on our platform called “Labari Data Insights“.

This section is a collection of visualizations and data insights collected from a variety of online sources to give readers a visual look at different data points. We’ll be publishing data like the one below for Ghana and Africa.

Check out more data insights: