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Nigerian Wi-Fi sharing start-up Wicrypt raises $1.5M funding

Nigerian blockchain-based Wi-Fi sharing start-up Wicrypt has closed a strategic US$1.5 million funding round to help it expand into new countries. Wicrypt is a decentralised mobile internet sharing and monetisation network that allows anyone to get paid for sharing their Wi-Fi. Users download the Wicrypt app and provide Wi-Fi through their mobile device or by purchasing a unique, custom-built Wicrypt Hotspot Creator device.

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Ed-tech start-up Semicolon Africa raises $1.2m in seed funding

November 11, 2021

Semicolon Africa, an ed-tech start-up, creating employment and economic opportunities by training software engineers and techpreneurs, has closed a US$1.2 million seed round of funding. Semicolon is focused on preparing young people and companies in Africa for the digital economy by providing the requisite technology skills for Africa’s growing tech industry. The round, which was oversubscribed, had participation from angels and VCs like Launch Africa Ventures and Consonance Investment Managers.

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Two-Thirds of C-Suite Can’t Recognize Bad Data: Fivetran Report

December 6, 2021

Like the determined optimist who tells his boss the factory is on fire by reporting they’ll soon be able to update their equipment, let’s find some silver linings in a batch of gloomy surveys today, Dear Reader.  We’ll start with this Fivetran report, which finds that 85% of data leaders say their company has lost money by basing decisions on bad data, and 66% believe their C-suite can’t tell when that happens.  The bright side is there’s lots of room for improvement.

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