The innovation hub will serve as a platform to collaborate with fintechs in Kenya and the broader Africa region. The bank hopes the lab will drive innovation and develop new business models and services to meet client needs on the continent.
The Durban hub — which is based at Dube Trade Port — is the second such facility that the firm has built. Last November, Cisco launched a R10-million incubation centre in Pretoria.
Three innovators from around the world stand to win a share of $175 000 in the 2019 Bell Labs Prize. The competition is aimed at proposals that “change the game” in the ICT sector by a factor of 10.
Argentinian edtech startup Blended has been crowned 2019 Seedstars Global Winner at an awards ceremony in Lausanne, Switzerland on Friday evening (5 April) and…