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Egyptian Startup Minly Secures $3.6m Seed Round, One Other Thing And A Trivia

This line-up of stories will help you discover the latest happenings around the tech world, today.

1. Egyptian startup Minly secures $3.6m seed round

Minly, an Egyptian startup, has secured an oversubscribed US$3.6 million seed round to extend its products and services.

Minly is a platform empowering stars to create authentic, personalised connections with their fans across the MENA region.

In 2020, the startup was co-founded by Mohamed El-Shinnawy, Tarek Hosny, Bassel El-Toukhy, Tarek ElGanainy and Ahmed Abass.

According to local media, Minly allows users buy personalised video messages and shoutouts from their favourite celebrities.

Today, the Minly app is available on Android, iOS, and web, and has experienced rapid organic growth with more than 50,000 registered users on the platform.

The US$3.6 million funding round is co-led by 4DX Ventures, B&Y Venture Partners, and Global Ventures, and also includes participation from other leading regional funds and a cast of highly strategic angel investors.

Tech Trivia: Which company acquired professional networking site LinkedIn in 2016?

A. Google
B. Facebook
C. Microsoft
D. Apple

Answer: See end of post.

2. Malagasy ed-tech startup Sayna closes new round

Sayna, a Malagasy ed-tech startup has announced securing a round of funding to help it expand access to its training programme and launch new platforms.

The three year old startup provides quality training in the digital sector in Africa.

Since inception, it offers professional opportunities to young people by bridging the gap between the growing demand of companies on digital issues and the supply of digital talent.

The new raiser, which was led by I&P Acceleration Technologies, a programme dedicated to African digital startups led by Investisseurs & Partenaires (I&P), and Miarakap, an impact investment firm.

Matina Razafimahefa, co-founder and chief executive officer (CEO) of Sayna, expressed his excitement over the new investment.

“As a team, we are very proud of what we have accomplished so far. Our successes and failures have allowed us to truly understand our market so that we can now offer a solution that can truly reinvent access to the job market for junior developers. The best is ahead of us!”

Tech Trivia Answer: Microsoft

Microsoft Corp. and LinkedIn Corporation in 2016 announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. The agreement, however, contained that LinkedIn retains its distinct brand, culture and independence.

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I Will Soon Start Signing Death Warrants- Bala Mohammed

Bauchi state governor, Bala Mohammed has disclosed that he will soon start to sign death warrants.

Mohammed made this known on Friday in Bauchi while signing the Violence against Persons Prohibition (VAPP) bill and a bill for the establishment of the Bauchi state penal code, into law.

In Nigeria, state governors are legally backed to sign the death warrants.

Since 2012, no governor has been reported to have signed death warrants.

“We will soon be signing some death sentences because there are many and because of justice which has to be taken to a logical conclusion

“I know some governors are running away from signing the death sentences because they exercise restraints on the basis that there may be some element of error.

“But to me, I will leave it to my lord (the chief judge) who will prosecute. It’s not my fault. If it is brought to my attention, I will do it.”

“As for the Violence against Persons Prohibition Act, we know that we are the first in the northern part of the country to enact the law, which is a member’s bill incidentally from the honourable speaker, and it has earned us a lot of respect in the country.

“But because of some noticed gaps, it was taken back and it was corrected. We thank the house for making the corrections.”

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Court Sacks 13 Ebonyi LG Bosses, 171 Councilors

A Federal High Court sitting in Abakaliki has again nullified the Ebonyi Local Government Elections and sacked all the 13 Council chairmen in the state.

The court also sacked all the councilors and 171 ward chairmen of the state.

The court had on Aug. 25, nullified the council polls of May 31.

Ruling on the matter with suit NO: FHC/AI/CS/224/2022 on Friday, Justice Fatun Riman ordered the seizure of the monthly federal allocation of the chairmen pending when rightful Chief Executives were elected into office.

Fatun restated that the councils election by the State Independent Electoral Commission (EBSIEC) on May 31 was illegal and unconstitutional.

Mr Mudi Erenede, Counsel to the plaintiff said he was happy over the judgment and commended the court.

“In the judgement today, the court has agreed that the Ebonyi State High court has no powers to override or set aside the judgment of the Federal High Court because it is not an Appeal Court.

“Those people, who are parading themselves as chairmen are not there legally.

“They were appointed by whoever that appointed them. CBN, Attorney General of the Federation, Federal Ministry of Finance are all defendants in this suits,” he stated.

The counsel to Ebonyi State Government, Mr Roy Nweze, said there was no need responding to a judgment that had already been delivered by the court.

Nweze said that the matter would be appealed without delay.

(NAN)

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Naval College Graduates 245 Officers, Personnel

The newly graduated personnel of the Officers’ Application Course 20 of the Nigerian Naval Engineering College (NNEC), Sapele in Delta, have been urged to remain committed to the service of the nation.

Rear Adm. Monday Unurhiere, the Flag Officer Commanding (FOC), Naval Training Command, made the plea at the graduation ceremony of the 245 Under Training Personnel of the Officers’ Application Course 20 in Sapele.

Unurhiere, represented by Rear Adm. Baratuaipri Iyalla, said that the call became necessary in view of the security, economic and social challenges currently facing the country.

The naval chief urged the graduands to make deliberate efforts to improve themselves on the job by way of taking advantage of modern technology and also tapping into the wealth of experience of their superiors.

“Let me remind you that as officers of the Nigerian Navy, you are charged with enormous responsibility and your unswerving allegiance is to the Nation.

“The confidence reposed in you must not be taking for granted, especially at this time that our national aspirations are being threatened by numerous security, economic and social challenges.

“As such, you may find yourself being called upon to serve beyond your technical capability due to the prevailing situation in the country,” he said.

Unurhiere acknowledged the efforts of the Chief of Naval Staff (CNS), Vice Adm. Awwal Gambo, for creating the enabling environment for training and continued financial support to NNEC.

According to him, this has helped the College to contribute more to the technological advancement of Nigerian Navy and the nation at large.

He urged the graduands, especially the under training personnel, to maintain the current tempo in sustaining training and other naval activities.

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