“Yassir”: The most valued in North Africa
Yassir announced a record fundraising in the region of $150 million making it now the most valuable start-up in North Africa. The investment led to the participation of “Y Combinator” and other major investors, such as “DN Capital” and “Stanford Alumni Ventures”, represents the second Series B funding round for the multi-service platform, which operates in 45 city in the world. The start-up wants to continue its expansion on the continent and now aims to have a presence in Benin and Togo. Yassir offers many on-demand services, such as ride-sharing, food and grocery delivery, shopping, and payments. It has more than 8 million users and 100,000 partners.
Digital Innovation Survey: Important for development of Africa
According to the survey conducted from October 27 to November 3, 2022 by “We Are Tech”, at least 82% of participants believe that digital innovation is important for the development of Africa. 18% think it can contribute to development. None of the respondents considered digital innovation to be of little or no use to Africa’s development. As for everyday life, out of the ten sectors proposed, public administration is the most expected digital innovation (22%). In fact, access to online public services can help fight coinage and corruption, in addition to improving the accessibility and quality of public services. Education is second (18%), followed by e-commerce (17%) and finance (16%). The online game, which was also offered, did not receive any votes. At the level of development in Africa, of the ten proposed sectors, it is in agriculture that digital innovation is most expected (34%). In a continent striving to achieve food self-sufficiency, digital solutions have the power to improve production by improving farmers’ access to value-added information (weather, quality seeds, fertilizers), markets and finance. Here too, education ranks well (18%), as does public administration (16%). Cryptocurrencies are considered by 70% as an opportunity for African development. 13% of respondents want Africa to adopt them quickly, and 57% want to integrate them, but with caution. Only 11% of respondents reject this technology. For 58% of participants, the inventiveness of African youth is Africa’s best asset in global competition. Far behind are the extent of needs to be met (29%) and the amount of population (13%). The digital inventiveness of African youth cannot rely on autodidacts. Global competition in digital innovation requires trained young people, this is the opinion of 44% of respondents who believe that the lack of training is the main challenge for “African tech”. Only 23% of them point to the lack of funding, no doubt believing that any high-impact innovation must arouse the interest of investors. While others are saddened by the difficulty of accessing the Internet (17%) or electricity (16%). Note that the “We Are Tech” survey was conducted over the Internet. This covers 303 responses. 216 responses came from sub-Saharan Africa, 36 from the Maghreb and 51 from outside Africa (including 25 from the African diaspora).
Cyber-security: Nine out of ten employees need basic training
According to the results of a test conducted using the “Kaspersky Gamified Assessment Tool” among 3,907 employees, only 11% of them showed good skills in terms of cybersecurity awareness. Less experienced subjects make most of their mistakes when browsing the Internet. 90% of people overestimate their cybersecurity abilities, and it is based on this observation that “Kaspersky” developed the “Gamified Assessment Tool”: not only to change the behavior of employees and raise their awareness, but also to help managers of IT systems and human resources departments to measure employees’ cyber-skills and offer their teams relevant educational tools. During the test, employees are given points based on the decisions they make in typical situations, whether working remotely (from home or on the go), or working in the office. They are then asked to assess whether their actions involve cyber risks, and how confident they are in their choices. One in ten participants (11%) succeeded in obtaining a certificate of excellence, awarded to those who gave correct answers and obtained more than 90% correct answers. Most users (61%) scored ‘average’, with scores ranging from 82% to 90% of the points, while 28% of respondents showed a lack of cyber security knowledge, registering score less than 75% of positive responses.