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Join Africa’s Most Diverse Business School – Tekedia Mini-MBA

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Yesterday, our faculty was from Sierra Leone at Tekedia Mini-MBA. When he finished his presentation, a Nigerian-based learner asked a question. That was followed by another member from Liberia. As that was concluding, it was from Uganda. And that continued.

That is how diverse we are in Tekedia Institute – 41 countries co-learning to advance market systems. We’re the most diverse business school in Africa. The next edition begins Sept 12, 2022. Join us here 

Today ends the early bird registration deadline; beat it for discount and many other benefits.

AMS-IX Amsterdam and MainData Nigeria Limited Sign MOU to Launch Neutral Internet Exchange Services in Lagos

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AMS-IX, one of the largest Internet Exchange operators in the world has teamed up with MainData Nigeria Limited (MDXi) , an Equinix  company, to operate and grow Internet Exchange services in Africa.

The duo signed a Memorandum of Understanding that will see interconnection capabilities boosted in West Africa.

“We’re excited to work with AMS-IX. AMS-IX has over 25 years of experience building, operating and growing Internet Exchanges all over the world. This partnership is an important step in realizing our long-term strategy to become a leading carrier-neutral digital infrastructure company by bringing a full range of transformative technologies to Africa,” Oluwasayo Oshadami, GM, Technical Solutions, MainOne, said.

AMS-IX (Amsterdam Internet Exchange) is a neutral member-based association that operates multiple interconnection platforms around the world. The company’s leading platform in Amsterdam has been playing a crucial role at the core of the internet for more than 25 years and is one of the largest hubs for internet traffic in the world with over 10 Terabits per second (Tbps) of peak traffic.

AMS-IX will be setting up an internet exchange at MDXi, the carrier-neutral Data Center of MainOne  in Lagos Nigeria. MDXi will act as AMS-IX strategic partner and reseller for AMS-IX in West Africa.

The company said the strategic partnership between AMS-IX and MDXi will deliver improved interconnection capabilities for existing and new customers on the exchange, further facilitating the distribution of content into the West African region. With this partnership, content delivery networks, application providers, and hosting companies will now be able to exchange internet traffic locally through the rich interconnected ecosystem of networks, large enterprises, and cloud service providers, and network operators available at MDXi.

“Lagos is the ideal location to serve as a content hub for West and Central Africa as it is strategically located in a fast-developing region with landing sites for international subsea cables connecting Africa to EMEA and beyond. We’re thrilled to work with such a strong partner as MainOne to expand this vibrant connectivity community,” International Partnership Director Onno Bos of AMS-IX said.

MDXi and AMS-IX said they are committed to developing Lagos into a regional content hub that services users all over West and Central Africa. The partners intend to seek alliances to connect with local telecom operators and IX’s to help develop and support local ecosystems.

The company said that connecting to AMS-IX ensures customers such as internet service providers, telecom companies and cloud providers that their global IP traffic is routed in an efficient, fast, secure, stable and cost-effective way. This allows companies to offer low latency and engaging online experiences for end-users. AMS-IX interconnects more than 1000 IP-networks in the world.

3 Crypto Gaming Projects To Keep An Eye On: FreeWoly (FWOLY), The Sandbox (SAND), and Axie Infinity (AXS)

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Gaming tokens are steadily gaining prominence and widespread adoption in the crypto space. As a means of interaction and navigation within crypto games, gaming tokens are used to unlock additional money-making features or as in-game assets to leverage. Freewoly (FWOLY), The Sandbox (SAND), and Axie Infinity (AXS) are three gaming tokens that have the potential to succeed.

The Sandbox (SAND) – The Rise To The Top

The Sandbox (SAND) is already one of those valuable crypto gaming tokens in the market with a coon market capitalization of close to $2 billion at the time of writing. The Sandbox (SAND) has gained prominence and widespread adoption due to its varying virtual reality games with low-cost transactions. The Sandbox (SAND) token is touted to boom bigger with virtual real estate forays with the Metaverse in view.

The Sandbox (SAND) already has over 2 million active monthly players on its blockchain, with more expected to join. Other VR apps are being worked on to use Sandbox (SAND) as their token currency.

Axie Infinity (AXS) – Unique Crypto Gaming

Axie Infinity (AXS) is a unique play-to-earn trade and battle game hosted on the Ethereum (ETH) network. Many crypto analysts have touted Axie Infinity (AXS) to boom with the mainstream status of the Metaverse due to its NFT and P2E system. With Axie Infinity (AXS), players get to play games to reach certain reward stages – they get rewarded with unique digital character pieces which they can sell as NFTs!

This unique concept has sold Axie Infinity (AXS) so big that it houses significant P2E gamers. The Metaverse is gaining fast-paced prominence and adoption and Axie Infinity (AXS) could be on track to become one of the biggest players in the space.

What Will FreeWoly (FWOLY) Bring To The Crypto World?

Another gaming token that aims to establish itself in the crypto sphere is FreeWoly (FWOLY). FreeWoly (FWOLY) is bringing the exciting prospect of Augmented Reality (AR) into gaming, and with its flexible reward mechanisms, there will be a lot of financial benefits.

Freewoly (FWOLY) takes you into the Augmented Reality (AR) world of Woly, a sheep that looks to conquer the world by building a successful farm. So, your job is to help Woly navigate the outside world without coming to any harm and help him build up a successful farm. The more successful the farm, the more FWOLY coins you earn, which you can exchange for real currency on various decentralized exchanges!

FreeWoly (FWOLY) aims to bring players the best of both worlds – the interactivity of Pokémon Go with the challenging strategy elements of Farmville. The combination of the two games will create a highly entertaining and stimulating game, with the opportunity to generate a loyal following and community. Each animal in the game is minted as a unique NFT that can be traded with other players. Rarer types of animals with unusual characteristics are more highly valued and will be worth more tokens.

The FreeWoly(FWOLY) ecosystem will include a marketplace where people can trade the NFT animals or even sell their farms in exchange for tokens. This way, the FreeWoly(FWOLY) ecosystem becomes profitable for players, developers, and investors.

If you buy FWOLY tokens using USDT ERC-20 deposits, you get a 13% bonus and a whopping 100% bonus on your 4th purchase, among other fantastic bonus offers.

https://farm.freewoly.io/register

Big Eyes Will Beat Dogecoin Competition And Pump In A Bear Market

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Memecoins are quite popular for the incredible chances they offer buyers to become rich overnight. Top meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) had massive pumps in 2021 and kickstarted the bull run of the 2021 cryptocurrency market. This year, the cryptocurrency market is performing badly. There have been several attempts to help the market gain some strength to build upward momentum, but it’s safe to say the market is not ready for it.

Big Eyes is a new meme coin presently on presale, predicted to quickly beat Dogecoin to conquer the meme coin market and make buyers some profit. This is because it is believed that Dogecoin(DOGE) and its other top meme coins have become too big to usher in new liquidity to help the cryptocurrency market trend upwards.

Recently, the dogecoin community launched the dogechain, a pseudo-L2 solution that brings crypto applications like DeFi, gaming, and NFTs to the DOGE community. The dogechain has considerably seen some volume, and rumors of an airdrop are coming. It seems like a very promising development that could make users some decent money.

However, Big Eyes seems much more likely to beat the competition Dogecoin(DOGE) is posing because it’s a new project and is offering entry to users at a very low price.

Dogecoin(DOGE)

Dogecoin (DOGE) is the first and largest meme coin in the cryptocurrency market. It has a history of thriving in bear markets, as seen from the 2021 bull run after Elon Musk tweeted about the token. It was also launched in a bear season that swept through all financial markets, but it managed to perform well while being a major internet meme.

Today, several DOGE-derived meme coins have struggled to replicate their success except for Shiba Inu(SHIB). Despite being a first-generation cryptocurrency, Dogecoin hasn’t been able to pull anything interesting in the cryptocurrency market until this recent launch of Dogechain.

Dogechain allows users to bridge DOGE over to the chain as wrapped DOGE (wDOGE) to tap into DeFi services and potential dApps, including NFT marketplaces. The dogechain had a trading volume of over $20 million in the first week of its launch and airdrop announcement and could also be something to anticipate.

Big Eyes

Big Eyes is a new meme coin project launching into the market with an original narrative that could become potentially really profitable for early adopters. Big Eyes’ is a fully-fledged community token with the explicit purpose of transferring wealth into the DeFi ecosystem and safeguarding a crucial area of the global ecosphere. Community tokens are significant revenue producers for the neighborhood and charities. By utilizing NFTs to provide access to more content and events that make the ecosystem well worth boarding, Big Eyes wants to give more by creating a blockchain ecosystem that self-propagates for hyper-growth.

Big Eyes has a marketing plan to introduce new money into the ecosystem, which could be a reason for the token to provide x10 to x100 quickly, and even beyond that depending on presale buyers’ target. The token is poised to become a sensational internet meme that would bring life to crypto communities across platforms like Twitter.

And beyond that, Big Eyes will contribute to several humanitarian causes around the world. Being an early adopter is one of the advantages you could have in crypto, and seeing that Big Eyes promises to have incredible traction soon, this looks like the smartest buy of the moment.

https://bigeyes.space/#signup

ArabyAds Raises $30m in Pre-Series B Funding Round from AfricInvest

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The African tech ecosystem has been thriving on fintech, logistics, edtech etc., a new sector is gradually rising up to take a place among the others.

Adtech startups in some African regions have caught the attention of investors, who are now betting big on the companies’ growth potential. The latest among them is Egyptian ArabyAds, a growing force in the MENA region’s ad space.

ArabyAds announced that it has raised $30m in a Pre-Series B funding round from AfricInvest, a pan-African investment platform managing multiple alternative asset classes including private equity, venture capital and private credit.

“We are delighted to welcome AfricInvest as one of our long-term investors and thank them for placing their trust in our vision to build value for all stakeholders in the ecosystem. ArabyAds is committed to transforming the digital advertising landscape with innovation and has been leading the way to deliver performance advertising with its platform offerings,”Mahmoud Fathy, CEO and co-founder of ArabyAds said.

“Our fundamentals are strong, and as one of the fastest and profitably-growing companies in the MENA region, ArabyAds is now looking to expand its presence in newer markets where it can leverage its scalable, secure, and end-to-end platforms to help e-commerce businesses scale effortlessly across the globe,” he said.

The transaction marks the eighth investment for AfricInvest’s Maghreb Private Equity Fund IV, which provides growth capital to small and mid-cap companies to expand regionally and across the African continent, spurring productivity growth and sustainable job creation.

ArabyAds will use the new financing to expand its footprint and further invest it to accelerate its technological advancement and talent acquisition to support the growth.

 “This funding round enables us to increase the pace of our international expansion, providing ArabyAds an opportunity to further deliver meaningful technology solutions to e-commerce companies globally. At ArabyAds, our vision is to create a sustainable business with financial prudence and I am sure we will be able to replicate our success story in the new geographies as well,” Gulrez Alam, chief investment and strategy officer at ArabyAds said. 

Founded in 2013 in Egypt, with headquarters in the UAE and tech hubs across Egypt, Tunisia, and Jordan, ArabyAds helps advertisers in customer acquisition, retention, and monetization by leveraging its technology platforms for influencer marketing (iConnect), Coupon based advertising (Boostiny), retail media (Ritelo), live commerce (Dmenta), and on-device contextual advertising (Deviceboost).

The startup leverages innovation and delivers measurable results to its advertisers with data-led, transparency-first & omnichannel marketing.

Skander Oueslati, chief investment officer at AfricInvest says the investment is in line with the company’s goal to disrupt the adtech industry through innovative technology.

“We are pleased to partner with ArabyAds at a time when the technology company is looking to further disrupt the AdTech industry through its transformative technology platforms. ArabyAds has established a strong brand and excellent reputation in the MENA region and is widely recognized for its reliability and expertise in digital marketing and advertising,” he said.