News
Technology news
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These African Countries are leading in Loan Apps Downloads
After analyzing 140 million installs, across 3,000 finance apps, Google in collaboration with analytics firm AppsFlyer found that installation of…
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Bolt Picks New Regional Manager for East and Southern Africa
Bolt has appointed Takura Malaba as the new Regional Manager for East and Southern Africa, effective 1st January 2023. Takura takes over…
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Vodafone announces plans to lay off hundreds of employees
European telecommunications giant Vodafone is reportedly considering laying off hundreds of employees as the industry struggles to cope with tough…
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Payments firm enza group launches to serve African banks and fintechs
enza Group: Africa has a very vibrant fintech and payments ecosystem. This space is expected to grow exponentially over the coming…
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Lenovo topped global PC sales in 2022 as shipments declined by 16%
The continued global economic decline has exerted pressure on the PC market despite the increased adoption of the digital lifestyle.…
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LG unveils 2023 strategy anchored on its 2030 sustainability blueprint
LG Electronics has rolled out its 2023 blueprint aimed at creating innovation for a better life and ensuring a sustainable future…
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YouTube Shorts creators to start monetizing on February 1
YouTube has made changes to its Partner Program which outlines the terms and conditions under which creators engage with the…
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Bolt is Pioneering Ride-Now Pay-Later Services in Nigeria
Ride-hailing company Bolt has partnered with Nigerian fintech CredPal to introduce ride-now pay-later services to its customers. CredPal is a…
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Sub-Saharan Africa Lost $261 Million Last Year Due to Internet Shutdowns
As internet penetration across the world increases, internet shutdowns that hit various countries last year had a devastating effect on…
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Omdia Universe ranks Sophos top in Comprehensive XDR Solutions
Sophos today announced that its Sophos Intercept X Advanced with XDR solution has been named the top-ranked and sole leader…
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Microsoft to invest $10 billion in OpenAI, creator of content tool ChatGPT
There has been unending buzz about ChatGPT, a content creation tool built by artificial intelligence startup OpenAI. The discussions have…
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Mikhail Marchenko: Major fintech trends that will affect online businesses in 2023
Digitalization and technological achievements, which have been observed in the African region for the past decade, have sped up the…
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Kenyan fintech Kwara acquires software company IRNET from KUSCCO for an undisclosed sum
Kenyan fintech firm Kwara has acquired IRNET, a software company which is a subsidiary of the Kenya Union of Savings…
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Women-led startups in Africa raised $203.2M in 2022
There has been a significant focus on funding for African-led startups across the globe. Across the continent, several venture capital…
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Safaricom introduces M-Pesa ‘store number’ for easier verification during cash withdrawals
A common challenge that customers face when making cash withdrawals from M-Pesa agents is entering the wrong agent number from…
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Giordano Albertazzi takes over as new Vertiv CEO
Vertiv has announced that Giordano Albertazzi will be taking over as the company’s new CEO. The global provider of critical…
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Samsung supports SDGs with more than $10M contribution to UNDP
Samsung Electronics has announced that the company has reached a significant milestone in its journey to advance the Sustainable Development…
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LG Announces 3rd Edition of its Ambassador Challenge
LG Electronics and Korea Food for the Hungry International (KFHI) have announced the opening of the 2023 LG Ambassador Challenge.…
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[Ghana] Logistics startup Jetstream raises $13m for expansion
Ghanaian e-logistics company Jetstream Africa has announced it raised $13 million in equity and debt pre-Series A financing. The debt…
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Fintech is the most vibrant sector in the Kenyan startup landscape, report
A report released by pan-African publication and research firm Disrupt Africa has pointed out fintech as the most vibrant subsector…
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Safaricom now lets you withdraw your Fuliza balance at M-Pesa agents
Fuliza, the overdraft facility from Kenya’s leading telco Safaricom is one of the most popular digital loans and its ease…
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Ronaldo’s transfer to Saudi’s Al Nassr
Suppose there is a story that has attracted significant attention in the football scene. In that case, it is the…
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Google to start charging 16% VAT on taxable goods and services in Kenya
Tech giant Google has announced it will introduce a 16% Value Added Tax (VAT) on some of its goods and…
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[Interview] MediaTek commits to increasing 5G adoption in Africa with affordable chipsets
Chipmaker MediaTek has announced its commitment to driving increased 5G adoption in Africa. In a recent interview with TechTrends Media,…
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ASUS unveils the world’s first glasses-free 3D OLED laptop at CES 2023
ASUS has announced its latest lineup of innovations, world-debuting products, and sustainable actions during its Seeing An Incredible Future virtual…
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Bolt customers in Kenya prefer shorter trips
Bolt customers in Kenya prefer shorter trips that are less than 10km with more than 5 million rides taken over…
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TECNO opens pre-orders for the Phantom X2 series in Kenya
TECNO Mobile on Thursday opened pre-orders for its upcoming flagship model Phantom X2 series in Kenya. The pre-orders will run…
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ASUS ROG unveils new 2023 laptop lineup
ASUS Republic of Gamers (ROG) has announced its 2023 Flow laptop lineup comprising the Flow X13, Flow Z13, and Flow…
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CES 2023: LG showcases its Gram Ultraslim Laptop Lineup
LG is introducing an expanded 2023 LG gram lineup. The lineup, which was showcased at CES 2023 comprises the new…
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Tecno Phantom X2 series launching in Kenya this January
Tecno Phantom X2 Series: Tecno will launch its next device in the Phantom series in Kenya this January. The flagship…
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Burning Heroes opens applications for its African Edition of Startup Awards
Burning Heroes (BH) Founders Association has announced the launch of its Africa Edition of startup awards. BH says the contest…
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Realme C30s Unboxing and First Impressions Review
realme C30s review: The realme C30s is the only smartphone in this segment to come with a side-fingerprint sensor and…
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Samsung Unveils New Bespoke Lineup at CES 2023
Ahead of CES 2023, Samsung Electronics on Tuesday unveiled the newest additions to its customizable Bespoke Home lineup. Samsung says…
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Safaricom Ethiopia goes live in five more cities
Safaricom Ethiopia has switched on its network and services in five more cities. The cities include Hawassa, Assela, Jigjiga, Sodo…
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Oppo Kenya says data laws abuses reports against the company are ungrounded
Oppo Kenya says the recent reports that it infringed on the privacy of a complainant by using their photo on…
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Zuri Health’s new Continuous Care Program to offer support to persons with Chronic illnesses
Health-tech startup Zuri Health has launched its Continuous Care Program to offer support to persons with Chronic illnesses. The program…
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How to check your KCPE 2022 results via Telkom
It’s that time of the year. The Ministry of education on Thursday released the 2022 KCPE results after learners sat…
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More than 2 million Boda Boda riders in Kenya to benefit from affordable insurance
Boda Boda riders in Kenya will now be able to access affordable motor and personal accident covers thanks to a…
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KCB Group Completes Acquisition of DRC-based Trust Merchant Bank
KCB Group has announced the completion of the acquisition of Trust Merchant Bank SA (TMB) after receiving all the regulatory…
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US Telco Equinix to build $160 million data center in South Africa
Equinix, an American telecommunications company that specializes in internet connection and data centers has announced a $160 million investment to…
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Kenya’s Clean Energy Startup Mukuru Clean Stoves awarded $1.2 million Earthshot prize for 2022
Mukuru Clean Stoves, a clean energy startup providing alternative energy sources to low-income earners in Kenya’s informal settlements has been…
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Nigeria is working on a law recognizing cryptocurrency as legal tender
Nigeria’s House of Representatives is working on a law that may soon recognize cryptocurrency as legal tender, alongside other forms…
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Tanzania’s fintech NALA has expanded to 19 European countries
NALA, a Tanzanian fintech startup known for its remittance services to Africa has expanded to 19 more European countries. The…
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Solar energy provider Sun King Raises $70M investment to expand throughout Africa and Asia
Pan-African producer of solar energy Sun King has raised $70 million equity investment from LeapFrog Investments and other investors. Sun…
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Xiaomi Kenya’s Prediction King World Cup Campaign Concludes
Xiaomi Kenya ended the Prediction King campaign hosting more than 200 fans to watch Argentina take on France in the…
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TECNO to introduce the cheapest foldable phone dubbed Phantom V Fold
As foldable smartphones continue to gain prominence in the market, manufacturers are working hard to grab a piece of the…
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2022 Layoffs: Cisco sends home 4,100 employees
Networking giant Cisco is the latest firm to implement mass layoffs. Earlier this week, the company announced that it will…
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TECNO Phantom X2, X2 Pro Specs, Price and Availability in Kenya
TECNO has officially launched its latest device in the Phantom series, the Phantom X2 in other markets. The phone is…
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Glovo Local launched to help small businesses digitize their products and services
Glovo has launched a new program targeting SMEs in the retail and restaurant industries. Known as Glovo Local, the multi-category…
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Wara Farm wins Moringa School’s Tech for Climate Action Hackathon
Wara Farm has been named the winner of the Technology for Climate Hackathon by Jacob’s Ladder Africa and Moringa School.…
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realme eyes bigger market share in Kenya with new entry-level smartphones
Demand for entry-level smartphones has begun to rise in Kenya as young consumers go for devices that offer large storage,…
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[Interview] African governments must release spectrum to increase 5G adoption, Qualcomm’s Elizabeth Migwalla says
In October this year, Kenya’s leading telco Safaricom officially went commercial with 5G in Kenya, joining a number of other…
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Safaricom Goes Even Bigger With Their Fixed Wireless Connectivity in Kenya
Safaricom Fixed Wireless: Remember when Safaricom rolled out home fibre back in 2014? Although the telco was late to the…
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Microsoft, Viasat team up to deliver internet access to 5 million people across Africa
Microsoft is teaming up with global telecommunications company Viasat to help deliver internet access to 10 million people around the…
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[South Africa] eZaga and Digital Financial Exchange Launches Multi-Asset Investment Platform
South African digital banking platform eZaga has partnered with global centralised exchange Digital Financial Exchange (DIFX) to launch a multi-asset investment platform. Known as…
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VC fund Ventures Platform closes its pan-African and early-stage fund at $46M
Ventures Platform, a pan-African early-stage Venture Capital firm has today announced the final close of its intercontinental fund, at $46M. …
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Visa to accelerate Africa’s digital transformation with $1 billion investment
Global payments company Visa has pledged to invest $1 billion in Africa to accelerate digital transformation over the next five…
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How to Share Data, Minutes, Voice and SMSs with Telkom’s Changa Bundle
Telkom Kenya launched the Changa Bundle to enable Kenyans to share data, minutes, voice and SMSs back in June. This…
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Samsung says the adoption of foldable smartphones by enterprises doubled
Samsung Electronics has announced that the number of Galaxy Z Fold and Galaxy Z Flip smartphones sold for enterprise use…
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MediaTek Dimensity 9000 chipset now available in East Africa: Here’s what’s new
Chipmaker MediaTek on Wednesday announced the arrival of its MediaTek Dimensity 9000 5G chipset in Kenya. The chipset is the…
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Nigeria’s online furniture store Taeillo raises $2.5 million for expansion
Nigerian online store Taeillo has announced a $2.5 million funding round from Aruwa Capital, a growth equity and early-stage investor.…
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Glovo appoints Caroline Mutuku Country Manager for Kenya
Caroline Mutuku is the new General Manager for Glovo Kenya. The multi-category platform announced her appointment on Wednesday. Mutuku joins…
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Safaricom achieved 93% customer SIM Card registration by the 15th October deadline
When the Communications Authority of Kenya (CA) sought to have all SIM Cards registered earlier this year, it was forced…
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Africa’s Mobility Financing Startup Moove Raises $30 Million
African mobility fintech startup Moove has raised $30 million just a few months after raising $18.4 million to scale its…
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E-commerce fraud has recorded a 42% increase this festive season, report
A report by global information and consumer insights firm TransUnion has revealed that online shopping scams have increased by 42…
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Kenyan Edtech company Zeraki Raises $1.8 Million in Seed Funding
Kenyan Edtech company Zeraki has raised a $1.8 million seed funding round to enable product catalog growth and regional expansion.…
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IDORENYIN OBONG: Five financial planning tips for African freelancers and gig workers
The global pandemic has accelerated the pace of change, causing significant disruption across labour markets and forever changing how we…
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MEST Africa Opens Applications for its 2024 Training Program
After announcing five African tech startups that made it to the grand finale of the 2022 Africa Challenge pitch competition,…
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Gerard Allison Joins Sophos as Senior Vice President of Sales for EMEA
Sophos has announced that Gerard Allison has joined the firm as Senior Vice President of Sales for Europe, the Middle East…
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Nigeria’s ThriveAgric crowned winner of Visa Everywhere Initiative
ThriveAgric, a Nigerian startup that champions technology to transform the payments landscape for smallholder farmers, was crowned winner of the…
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Jumia closes Dubai office, moves senior staff to Africa in a cost-cutting move
Jumia Technologies has announced the closure of its Dubai office as the company remodels its business following years of loss-making…
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Number of sellers on Jumia in Kenya increased by 20% this year
Jumia says more than 5,000 sellers joined the platform in 2022, a 20% increase from the previous year. The e-commerce…
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African producer of kids content Ubongo receives $27.8 Million from Lego Foundation
Africa’s leading creator and producer of children’s educational media, Ubongo has received a $27.8 Million Dollar Award from Lego Foundation…
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Nigeria launches Africa’s first humanoid robot named Omeife
UNICCON Group, a Nigerian company founded in 2020, has launched a humanoid robot, the first of its kind in Africa.…
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$200 million fund launched to support African SMEs
The Mastercard Foundation Africa Growth Fund (MFAGF) has launched a $200 million funding initiative for small and medium-sized enterprises in…
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OPPO A77s now available for purchase in Kenya for Ksh.30k
OPPO has unveiled its latest device in the A series, the OPPO A77s in Kenya. Available for Ksh30,000, the device…
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Digital insurer mTek has inked a deal with Britam to insure SMEs
Insurance startup mTek which offers its services through digital platforms and eliminates paperwork has inked a deal with Britam to…
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Microsoft’s global digital skills program launched in Kenya
Tech giant Microsoft is launching its global skilling program in Kenya. The Skills for Jobs Learning Pathways program has been…
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The cloud is a growing target for cyberattacks, new Sophos survey finds
Among Infrastructure as a Service (IaaS) users, 56% experienced an increase in the volume of attacks on their organization when…
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Nigerian fintech Chipper Cash is the latest company to conduct massive layoffs
Nigerian cross-border payments startup Chipper Cash has laid off nearly 13% of its workforce, reports indicate. Many employees from various…
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Local startups to showcase at the UK-Supported Kenya Innovation Week
Kenya Innovation Week kicked off in Nairobi on Tuesday to showcase UK-funded programmes that are breaking ground with emerging technologies…
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Safaricom PostPay and All-in-One monthly plans consolidated under Go Monthly proposition
Safaricom is merging its PostPay and All-in-One plans into one Go Monthly proposition. The telco says this move will see…
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South African VC firm 4Di Capital announces the second close of a new $25 million seed fund
South African- based early-stage technology venture capital fund manager 4Di Capital has announced a close of a new US$25 million…
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Evolution of the microfinance sector in Kenya: How Kenyan online businesses can thrive
According to a McKinsey report, African financial services are now undergoing a structural shift. About 10 percent of all transactions…
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Egyptian supply chain solutions provider OneOrder has raised $3 million
Egyptian supply chain solutions company OneOrder has raised $3 million in seed round funding led by Nclude, with participation from…
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iColo expects demand for colocation centres in Kenya to increase
As internet penetration in Kenya continues to increase, the demand for data centres is also booming. Customers in the country…
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Leading Identity Verification Startup, Verified.Africa Launches in Kenya
Verified.Africa, a leading provider of ID verification, document verification, and digital KYC compliance solutions, has launched in Kenya. With this…
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Sophos new MDR now features industry-first threat detection and response capabilities
Sophos today announced the general availability of Sophos Managed Detection and Response (MDR) with new industry-first threat detection and response…
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Lipa Later acquires SkyGarden for an undisclosed sum
SkyGarden, the e-commerce platform has been acquired by Buy Now Pay Later (BNPL) Lipa Later for an undisclosed sum. Lipa…
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New program to equip local teachers with laptops launched
Casa da Louisa (CDL) has launched a new programme to equip teachers in public schools across Kenya with a laptop.…
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Leading Nigerian crypto platforms are on downsizing spree as markets plunge
The crypto market has been hard hit by an unprecedented fall in prices. The collapse of FTX, seen as one…
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Ex-Jumia executives launch new e-commerce platform
Former Jumia executives have teamed up to launch a new e-commerce company called “Kapu”. Launched on Monday, the new platform…
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Asset Recovery Agency drops fraud charges against Nigerian fintech Kora
Kenya’s Asset Recovery Agency (ARA) has dropped fraud charges against Nigerian fintech Kora. The startup was in July accused of…
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Lipa Later to acquire popular e-commerce Startup Sky.Garden
Buy Now Pay Later (BNLP) company Lipa Later is acquiring troubled Kenyan e-commerce startup Sky.Garden. This comes about three weeks…
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