Kangpe is the winner of Seedstars Lagos which held yesterday. It came on top of Davtonlearn, Tuteria, Legal Form, Piggybank.ng, Quickgas,  GRIT Systems, and Social Lender.

Kangpe.com allows Africans discuss health issues quickly and confidentially with verified doctors 24/7 via SMS, Mobile App or Web within minutes.

Kangpe can also help you find and book an appointment with any Doctor/Specialist (i.e Gynaecologist, Cardiologist, Pediatrician, Dermatologist) across Nigeria in less than 5 working days.

South Africa’s economy has leapfrogged Nigeria’s as Africa’s largest in dollar terms, reclaiming the top spot it lost two years ago.

Both economies face recession after contracting this year. But while the South African rand has gained more than 16 per cent since the beginning of 2016, Nigeria’s naira has plunged by more than a third of its value.

At their respective exchange rates, Nigeria’s gross domestic product is $296 billion, while the size of South Africa’s economy is $301 billion, Bloomberg reported Wednesday, quoting the International Monetary Fund figures at the end of 2015.

Nigeria’s GDP was in excess of $500 billion when the nation’s economy surpassed South Africa’s in April 2014.

That followed the recalculation of the GDP data by the former government of Goodluck Jonathan – the first time that happened in two decades.

Nigeria is facing its worst economic crisis in decades, and the economy has shrunk by 0.4% since 2015 amid low oil prices and output and acute shortage of foreign currency.

Intel announced the purchase an AI startup. The computer chip giant will buy Nervana Systems to help its products meet the demands of artificial intelligence. AI work is expected to become increasingly important in data centers, where Intel processors dominate.

The 10 best startups from Lagos have been selected to pitch in front of an investment panel and compete to be crowned the most promising seed-stage startup of Seedstars Lagos 2016. The winning startup will join the global Seedstars Family and take part in the regional and global Seedstars Summits that include our tried and tested bootcamp and investor forum. It’s a catalytic platform for high growth emerging market startups.

The companies are:

Finalists

Davtonlearn

Lagos

GRIT Systems

Lagos

Kangpe

Lagos

Legal Form Limited

Lagos

PNJ Energy International

Lagos

Sharphire Global Limited

Lagos

Social Lender

Lagos

Tuteria Company

Lagos

Alibaba and insurer AXA join to calm global customers – AXA plans to market warranty and payment protection on Alibaba’s international site, while Ant Financial (Alibaba’s financial arm) will start offering AXA travel insurance for Chinese tourists. This model was unveiled in Africa few months ago when AXA partnered with Jumia.

For Alibaba, the deal is a way to reassure its small but growing number of international customers who regularly read stories in the international press about fake products and brand copies flooding Alibaba’s biggest market at home, Taobao.com.

On its global site AliExpress, the hope is that AXA’s products for extended warranties and repairs may coax more customers into trying the platform.