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	<title>You searched for South Africa - Information Stash</title>
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		<title>Pan-African incubator, MEST Africa to invest $700k in its Class of 2020</title>
		<link>https://www.informationstash.com/pan-african-incubator-mest-africa-to-invest-700k-in-its-class-of-2020/</link>
					<comments>https://www.informationstash.com/pan-african-incubator-mest-africa-to-invest-700k-in-its-class-of-2020/?noamp=mobile#respond</comments>
		
		<dc:creator><![CDATA[Editor]]></dc:creator>
		<pubDate>Thu, 24 Sep 2020 09:24:00 +0000</pubDate>
				<category><![CDATA[Articles]]></category>
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		<category><![CDATA[Africa]]></category>
		<category><![CDATA[Africa economy]]></category>
		<category><![CDATA[African businesses]]></category>
		<category><![CDATA[African fintech]]></category>
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		<guid isPermaLink="false">https://www.informationstash.com/blog/2016/01/26/what-you-didn-t-know-about-your-brain-3/</guid>

					<description><![CDATA[<p>After graduating its 2020 class a month ago, MEST Africa, the Pan-African incubator, revealed that it will invest $100k each in seven start-ups. In the final pitching event, fifteen teams participated, but only seven were picked, adding $700k to the overall funding round for this class. In addition to the funding, start-ups can also participate [&#8230;]</p>
<p>The post <a href="https://www.informationstash.com/pan-african-incubator-mest-africa-to-invest-700k-in-its-class-of-2020/">Pan-African incubator, MEST Africa to invest $700k in its Class of 2020</a> appeared first on <a href="https://www.informationstash.com">Information Stash</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>After graduating its 2020 class a month ago, MEST Africa, the Pan-African incubator, revealed that it will invest $100k each in seven start-ups.</p>
<p>In the final pitching event, fifteen teams participated, but only seven were picked, adding $700k to the overall funding round for this class.</p>
<p>In addition to the funding, start-ups can also participate in the ongoing incubation programme at MEST.</p>
<p>Ashwin Ravichandran, managing director of MEST Africa, had this to say, speaking about the range.</p>
<p>This was the first time that our entrepreneurs were educated online and away from our campus for the most part, and I&#8217;m proud to say they came out stronger than ever. We are incredibly excited about the 7 companies in which we have chosen to invest and look forward to continuing our support and mentorship as they start their companies across the continent.</p>
<blockquote class="twitter-tweet"><p dir="ltr" lang="en">Good morning Ladies and Gentlemen<br>Welcome to the Final pitch of <a href="https://twitter.com/hashtag/MESTClassOf2020?src=hash&amp;ref_src=twsrc%5Etfw">#MESTClassOf2020</a>.<br><br>It&#8217;s been an incredible journey for these entrepreneurs and we are all so excited to learn about their ideas. <a href="https://t.co/G43CEObSUA">pic.twitter.com/G43CEObSUA</a></p>— MEST Africa (@MESTAfrica) <a href="https://twitter.com/MESTAfrica/status/1296735831558967298?ref_src=twsrc%5Etfw">August 21, 2020</a></blockquote> <script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 

<h4>The seven startups include:</h4>
<p><a href="https://shopa.com">Shopa</a>, a last-mile ordering and delivery startup for informal retailers in Africa.</p>
<p><a href="https://heny.app/">Heny</a>, a forum to explore new flavors and perspectives for young professionals by changing the way diners eat.</p>
<p><a href="https://boxconn.co/">Boxconn</a>, a network that offers companies and individuals access to a list of confirmed distribution partners nearest to them, instantly delivers packages from one location to another.</p>
<p><a href="https://kpilens.com/">KPILens</a>, a start-up that automates the documentation, tracking and assessment process for development organizations and makes it simpler.</p>
<p><a href="https://tendo.app/">Tendo</a>, an online network that ties independent resellers to companies, aims to tackle two of the biggest issues facing Africa: unemployment and gender inequality.</p>
<p><a href="https://joovlin.com">Joovlin</a>, helps fintech platforms and merchants increase their sales by interconnecting mobile wallet users and allowing them to transact with each other.</p>
<p><a href="http://www.elekatech.com/">Eleka</a>, streamlines onboarding procedures for customers that are fraught with lengthy and expensive labor measures.</p>
<p><strong>Move In Rentals, Credia, Uyolo, VendoorPro, Trastea, Cornerstock, Colibri,</strong> and <strong>JidiTrust</strong> are the other startups that didn&#8217;t receive funding from MEST.</p>
<p>Last year, MEST invested $100k in eleven startups while celebrating its 11th year in business. The sum, $1.1 million, represented the organization&#8217;s largest single cohort investment.</p>
<p>And although the amount this year is $400k smaller, the selected startups will have the opportunity to enter the incubator &#8216;s portfolio of over 40 startups across Ghana, Kenya, Nigeria, and South Africa.</p><p></p><p>The post <a href="https://www.informationstash.com/pan-african-incubator-mest-africa-to-invest-700k-in-its-class-of-2020/">Pan-African incubator, MEST Africa to invest $700k in its Class of 2020</a> appeared first on <a href="https://www.informationstash.com">Information Stash</a>.</p>
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		<title>The Leading Cause Of security breaches</title>
		<link>https://www.informationstash.com/the-leading-cause-of-security-breaches/</link>
					<comments>https://www.informationstash.com/the-leading-cause-of-security-breaches/?noamp=mobile#respond</comments>
		
		<dc:creator><![CDATA[Uloma Odinigweh]]></dc:creator>
		<pubDate>Thu, 12 Jul 2018 11:33:00 +0000</pubDate>
				<category><![CDATA[Network Security]]></category>
		<category><![CDATA[security breaches]]></category>
		<guid isPermaLink="false">https://www.informationstash.com/blog/2016/07/12/the-leading-cause-of-security-breaches/</guid>

					<description><![CDATA[<p>Web applications are the leading cause of security incidents for financial services, according to the 2016 Verizon Data Breach Investigation Report; this is up from 31 percent from last year’s report. Verizon describes web app attacks as any incident in which a web application was the vector of attack. This includes exploits of code-level vulnerabilities [&#8230;]</p>
<p>The post <a href="https://www.informationstash.com/the-leading-cause-of-security-breaches/">The Leading Cause Of security breaches</a> appeared first on <a href="https://www.informationstash.com">Information Stash</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Web applications are the leading cause of security incidents for financial services, according to the 2016 Verizon Data Breach Investigation Report; this is up from 31 percent from last year’s report.</p>
<p>Verizon describes web app attacks as any incident in which a web application was the vector of attack. This includes exploits of code-level vulnerabilities in the application as well as thwarting authentication mechanisms. Key findings of the 2016 DBIR highlighted the information and retail sectors as top industries, alongside financial services, under attack. The report also revealed that “the breaches within this pattern are heavily influenced by information gathered by contributors involved in the Dridex botnet takedown. Hundreds of breaches involving social attacks on customers, followed by the Dridex malware and subsequent use of credentials captured by keyloggers, dominate the actions. Defacements are still commonplace and CMS plugins are also a fruitful attack point.”</p>
<p>“This is why web application security matters,” says <a href="https://www.linkedin.com/in/anton-jacobsz-17681635" target="_blank" rel="noopener noreferrer">Anton Jacobsz</a>, MD at Networks Unlimited, a South African value-added distributor of converged technology-, data centre-, networking-, and security technology solutions, operating throughout Africa. “Victim demographics range far and wide, and when it comes to having your data compromised, no country, industry or business is bulletproof.”</p>
<p><a href="http://www.itnewsafrica.com/2016/07/web-apps-a-leading-cause-of-security-breaches/" target="_blank" rel="noopener noreferrer">Read More&gt;&gt;</a></p>
<p>The post <a href="https://www.informationstash.com/the-leading-cause-of-security-breaches/">The Leading Cause Of security breaches</a> appeared first on <a href="https://www.informationstash.com">Information Stash</a>.</p>
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		<title>The Dire need for Open source skills in Africa</title>
		<link>https://www.informationstash.com/the-dire-need-for-open-source-skills-in-africa/</link>
					<comments>https://www.informationstash.com/the-dire-need-for-open-source-skills-in-africa/?noamp=mobile#respond</comments>
		
		<dc:creator><![CDATA[Izunna Okpala]]></dc:creator>
		<pubDate>Mon, 20 Jun 2016 16:25:00 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Africa]]></category>
		<category><![CDATA[open source]]></category>
		<guid isPermaLink="false">https://www.informationstash.com/blog/2016/06/20/the-dire-need-for-open-source-skills-in-africa/</guid>

					<description><![CDATA[<p>With many businesses transitioning from legacy systems to ones built on open source (OS) software, there is a need for skilled employees that can unlock the value this approach offers. Despite the fact that OS skills development is nothing new, the subtle changes in business requirements over the years mean the need has progressed beyond [&#8230;]</p>
<p>The post <a href="https://www.informationstash.com/the-dire-need-for-open-source-skills-in-africa/">The Dire need for Open source skills in Africa</a> appeared first on <a href="https://www.informationstash.com">Information Stash</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>With many businesses transitioning from legacy systems to ones built on <a href="https://www.informationstash.com/?s=open+source">open source</a> (<a href="https://www.informationstash.com/?s=OS">OS</a>) software, there is a need for skilled employees that can unlock the value this approach offers.</p>
<p>Despite the fact that <a href="https://www.informationstash.com/?s=OS">OS</a> skills development is nothing new, the subtle changes in business requirements over the years mean the need has progressed beyond foundational skills. Today, companies are looking for people who have more advanced <a href="https://www.informationstash.com/?s=OS">OS</a> skills reflecting a more dynamic, connected business landscape.</p>
<p>While the market for this in <a href="https://www.informationstash.com/?s=South+Africa">South Africa</a> is relatively small when compared to more developed countries, there is certainly significant potential for growth. As demand for <a href="https://www.informationstash.com/?s=OS">OS</a>-based solutions increase here, and on the rest of the continent, so too will the skills requirement.</p>
<p>According to the <span style="color: #3366ff;"><a style="color: #3366ff;" href="http://www.linuxfoundation.org/news-media/announcements/2016/05/2016-open-source-jobs-report-companies-hungry-professional-open">2016 Open Source Jobs Report</a></span> published earlier this month, 65% of hiring managers say <a href="https://www.informationstash.com/?s=OS">OS</a> hiring will increase more than any other part of their business over the next six months, and 79% of hiring managers have increased incentives to hold on to their current OS professionals.</p>
<p>Furthermore, the report found that 58% of hiring managers are seeking <a href="https://www.informationstash.com/?s=DevOps">DevOps</a> professionals while the need for developers remains the top position on their list at 74%. Perhaps the most telling statistic is the one that shows that 31% of <a href="https://www.informationstash.com/?s=OS">OS</a> professionals say the best thing about their jobs is working on interesting projects, while working on the most cutting-edge technology challenges (18%) and collaborating with a global community (17%) also feature prominently.</p>
<p>This last point indicates just how far OS has come in the business adoption cycle. No longer just limited to core <a href="https://www.informationstash.com/?s=back-end">back-end</a> systems, OS provides decision-makers with a way to manipulate the underlying platform to suit more diverse organisational needs. This link between mission-critical platforms and systems are resulting in an increased demand for the associated skills to extract the most value out of the transition.</p>
<p>However, as with any IT component, there are a dizzying array of skills on offer. While much attention is placed on Linux, this is only one part of the OS offering. Companies need to consider the benefits of attracting talent with skills that talk to open customer relationship management, open databases, the open cloud, and even an open management system.</p>
<p>This is resulting in companies increasingly starting to take OS more seriously from a skills perspective. They understand that new requirements mean they have to adopt revised learning programmes that can encompass the likes of online courses, <a href="https://www.informationstash.com/?s=virtual-led">virtual-led</a> classrooms, and self-paced programmes to enhance their existing OS skill set.</p>
<p>It must be remembered that there is no silver bullet approach to take to strengthen OS skills in the organisation. <a href="https://www.informationstash.com/?s=Decision-makers">Decision-makers</a> need to be considered and align their development with the company strategy. The most pressing needs are to start taking those first steps to build in-house capacity or to attract more advanced OS talent. The business world of today and the future demands it.</p>
<p>The post <a href="https://www.informationstash.com/the-dire-need-for-open-source-skills-in-africa/">The Dire need for Open source skills in Africa</a> appeared first on <a href="https://www.informationstash.com">Information Stash</a>.</p>
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