Accelerator Swarm offers start-ups crypto-currency funds

SwarmBitcoin 2.0 Platform Swarm, ‘the world’s first’ distributed accelerator that allows companies to raise funds by issuing their own crypto-currencies, is taking applications from UK crypto-currency startups for its new accelerator programme in London.

The 12-week programme will focus on helping startups grow their businesses through a combination of peer-to-peer mentoring, technical assistance and access to resources designed for startups in crypto-currency and its surrounding ecosystem. Continue reading

Africa e-commmerce giant Jumia comes to London

jumia_londonAfrica’s largest online retailer Jumia has opened in London, its first office outside the continent meaning people from the UK can order online to send gifts to family and friends in Africa.

Based in Nigeria, the company is now bringing its raft of products to the UK with an online store that allows relatives to order online in the UK, pay in pounds, and send their goods for just ₤3 to their ‘loved ones’ doorstep in Nigeria within one to eight days’. Continue reading

Palestine, an app, Spermania and Father’s Day

spermaniaTo celebrate Father’s Day, a VC-backed Palestinian games developer Pinchpoint has launched its first major title, Spermania.

I’m sure you know where this is going, but anyway. The game is apparently a challenging, but hilarious game in which a sperm swims past obstacles to fertilise an egg… and is a ‘salute to all of us who have won the race.’ Continue reading

Remember Maradona, the coke and the vuvuzela?

vuvuzela_maradonnaWe all remember Maradona and his cheating limbs, who probably played every match coked off his head until he finally got caught.

Wouldn’t it be wonderful if he would be remembered for this picture, hoovering up a pile of cocaine with a vuvuzela, thus defining a corrupt man whose whole career was based on stupidity, vanity and some white powder that made him a better player than he ever really was.

Mobile money fails with Afghani rozzers

afganistan_policeMuch is made of the M-Pesa mobile payment platform in Kenya, where 32% of the country’s GNP is transacted in this way, and now is apparently becoming successful in Romania but nowhere else.

Such hysteria is understandable, but there are other fails. Four years ago, a pilot scheme began in Afghanistan where the Police force were paid via M-Paisa, similar to the M-Pesa platform. Initial results were impressive, the corrupt middle man was taken out and Police officers saw an immediate rise in their net salaries. Continue reading