Fast Track Malmo, a Swedish accelerator, is Looking for African Startups this January. Each team could get $50k in funding. Apply here.

Fast Track Malmo is a startup accelerator that helps amazing startups launch their product, meet great mentors, get investment and enter the international market.

Apart from a convertible note of 30,000 USD the startups will receive access to world-class mentors, sponsorship package with services from international companies and help in reaching the global market.

The best startups in the group will also get a $20,000 USD add on investment and possible grants of even more.

Fact Track Malmö is founded on collaborations and openness between experienced entrepreneurs, business angels and organizations in Malmö. The network provides an open, accessible, highly skilled and strong entrepreneur community.

The last demo day had 50 investors from around Europe, with everything from the best VC funds to early stage angel investors.

Malmö is currently considered as one of the preferred cities in Northern Europe to set-up a company in, this is also attributed to the proximity of the universities in Copenhagen and South Sweden, affordable housing, and active angels investors in a culture with supporting networks.

The Fast Track Malmö accelerator is a joint project by Minc, ALMI Invest, Malmö Startups and Invest in Skåne – working to create a better startup ecosystem in the south of Sweden.

The Federal Government has hailed the appointment of Bayo Ogunlesi by U.S. President-elect Donald Trump as an economic adviser, saying the decision is a smart move.

The Minister of Foreign Affairs, Geoffrey Onyeama, told the News Agency of Nigeria (NAN) in New York that Mr. Ogunlesi is an outstanding professional who has accomplished a lot.

Bayo. Ogunlesi, JD (born December 20, 1953) is a Nigerian-born lawyer and investment banker. Ogunlesi is currently Chairman and Managing Partner at the private equity firm, Global Infrastructure Partners (GIP). Ogunlesi was the former head of Global Investment Banking at Credit Suisse First Boston before being promoted to Chief Client Officer and Executive Vice Chairman..

He joins Trump as an economic adviser.

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British GCHQ spied on prominent Africans according to a new article by Le Monde. Nigeria’s industrialist Tony Elumelu was in the list.

Beyond France, the disclosures highlight the U.K.’s extensive spying operations across Africa. In 20 countries across the continent, GCHQ monitored current and former heads of state, prime ministers, diplomats, military and intelligence chiefs, as well as leading figures in the business and finance industry, Le Monde reports. Among those who were subject to the surveillance, which involved intercepting communications as they were being beamed between satellites, was a close British ally — Kenyan President Mwai Kibaki and his strategic advisers. Other targets included Nigeria’s President Umaru Yar’Adua and his private secretary; Ghana’s President John Kufuor; Sierra Leone’s leader Ernest Koroma; and the presidential palace in Luanda, Angola. Prominent business figures were also monitored, such as Nigerian billionaire Tony Elumelu, regarded as one of Africa’s richest and most influential men, and Chris Kirubi, a wealthy Kenyan businessman.