Egypt is stifling technological innovation, Google is busy

The Egyptian government has been very late, shutting down the merger of taxi applications, taxing e-commerce platforms and enforcing digital media laws.

Rumors have swirled that the Uber and the regional equivalent Careem could be merged into Egypt, but it is not going to happen. This is because the regulators insisted that they would fine each of the parties involved $ 28 million dollars if you proceed.

Meanwhile, the Egyptian Ministry of Finance has announced that it now requires e-commerce companies 14 percent VAT, like the usual shops, while the country also has started law enforcement requiring electronic publications to pay license fees.

In slightly more productive news from the North African country, which has a rapidly growing technological scene, a smartphone manufacturer Silicon Industries Corporation (SICO) is directed to other African countries and plans to expand by the end of the year, such as Kenya, Morocco, South Africa and Nigeria.

Google in Africa

October was full of Google's activity in Africa, with the company making Google's first Kenya event and promises many new products and services. It will train 100,000 Kenyan farmers in digital skills and has started one exclusive travel function for motorcycles. Street View also began in the nation of East Africa.

Elsewhere, the company will also be sponsors 10,000 African developers four months of access to Android and Mobile web lessons, the first part of the goal of training 100,000 developers across the region.

Facebook also had an active month starting a third-party event control initiative in Kenya, Nigeria and South Africa. Facebook is looking to pull in more African countries in its quest to fight the fake news. Other countries are going to follow.

Uber may have resulted in possible Egyptian mergers, but other taxi applications were better. Taxate expanded its operations in South Africa, starting from Polokwane and East London, Zimbabwe Econet mobile phone operator started her own service, Vaya Lift.

Internet, without internet

People continue to give Africans the internet and people continue to take it away. Local connectivity has received some big increases over the past month, with Amazon Web Services announcing that it will do so open data centers in South Africa in the first half of last year.

Meanwhile, the global web and performance company Cloudfare Lagos made the 155th city all over the world where it was active, saying it had already secured connections with local cable operators on submarine networks and local internet exchanges.

Governments, however, are still committed to eliminating any profits. Zimbabwe became the last country hit mobile users with taxes, while Chad became the last country to be blamed limiting the internet. There were at least some good news from Malawi, where the government obviously seems work in a law requiring all businesses to offer at least one free digital payment channel.

Fintech led the way for technology funding during the month, with separate rounds for a commercial and investment platform Orbitt and micro-loans Tala company, which secured investment from PayPal. A crowd of Nigerian feathers raised funding, like Flutterwave, Ribe, Thanks for the U cash, and Account, as well as the South African insurance platforms Click2Sure and Simply, solar leasing market Sun Exchange and the crowdfunding platform Uprise.Africa.

Also in the fundraising path was South Africa Immediate property, Nigerian logistics startup Add it, Egyptian companies HitchHiker and iCommunity, and Namibia PEBL. And it was October.

This post is part of our consultancy line. The opinions expressed are theirs and are not necessarily common from TNW.

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