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News
Kenyan startup MarketForce raises $2m pre-Series A to scale its B2B retail marketplace, RejaReja
MarketForce, the Kenyan-based B2B platform for retail distribution of consumer goods and digital financial services in Africa has raised a…
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News
IFC appoints Kalim Shah as Senior Country Manager for Nigeria
To support the long-term, inclusive growth of Nigeria’s private sector, IFC has appointed Kalim Shah as its Senior Country Manager…
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News
Huawei partners with Mondia Pay to enable digital payment options for users in Algeria and Tunisia
Huawei Mobile Services (HMS) has inked a digital payments deal with Mondia Pay to provide Ooredoo Algeria and Orange Tunisia…
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CLOUD
Mauritius Commercial Bank to adopt MITECH’s TRAC Collateral Management system in the cloud
The Mauritius Commercial Bank (MCB) is adopting MITECH’s system TRAC (Trade Risk Active Control) to support continuous and significant growth…
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BUSINESS
AfDB approves $50m loan to support women businesses in Nigeria
The African Development Bank (AfDB), has approved a $50 million loan to Nigeria’s First City Monument Bank (FCMB) to support…
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News
TechEmerge partners with logistics startup Kobo360 to pilot sustainable cooling innovations in Nigeria
Eleven global innovators have been selected to partner with 15 leading Nigerian companies to pilot cost-effective, climate-smart technologies to strengthen…
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BUSINESS
Coca-Cola to Open New Digital Delivery Center in Johannesburg, South Africa
Coca-Cola is driving digital transformation through its consistent messaging and movement into a more agile and growth-minded work environment. Technology…
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News
Vodacom Business Africa extends Pan-African network to South America
To extend its international footprint, Vodacom Business Africa has taken a step into Brazil, thereby increasing its fixed-connectivity coverage to…
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News
Mobile commerce platform Copia expands into Uganda
Copia Global, a mobile commerce platform built to serve middle to low-income African consumers, has expanded its operations to Uganda.…
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News
SoftBank partners with Smart Africa to provide affordable broadband solutions in Africa
SoftBank and Smart Africa have entered a Memorandum of Understanding (MoU), to collaborate on innovative solutions towards achieving the vision…
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News
Fintech firm Carbon teams up with Visa to enable payments across Africa
Carbon, the Pan-African fintech company providing access to basic financial services for Africans, has today announced a strategic five-year partnership…
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News
KRA optimizes iTax ahead of June 30 annual returns filing deadline
The Kenya Revenue Authority (KRA) has enhanced the iTax system in readiness for high traffic ahead of the 2020 annual…
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BUSINESS
CMA Gives Family Bank A Go Ahead To KSh.1bn More From Market
The Capital Markets Authority (CMA) has granted approval to Family Bank Limited to take up a green shoe option of…
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News
Opera launches interest-based social Clubs in its chat service, Hype
Opera has launched Hype Clubs, public and interest-based group chats in Hype, the new chat service built into the Opera Mini web…
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CLOUD
MainOne to unveil new data center in Ghana’s Appolonia City
MainOne, the provider of connectivity, cloud and data center solutions in West Africa is set to launch the Appolonia Data…
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News
Kenyan startup MarketForce acquires Digiduka to consolidate distribution of consumer goods with digital financial services in Africa
MarketForce, the Kenyan end-to-end retail distribution startup for consumer brands in Africa, announces the strategic acquisition of Digiduka, a startup…
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News
Truecaller Rolls Out its Smart SMS Feature in Africa
Truecaller, the popular Caller ID and Spam Blocking app is rolling out a new Smart SMS feature for users across…
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BUSINESS
Blockchain-powered fintech Telcoin expands its digital remittance service to 15 new markets including Kenya
Telcoin, a blockchain-powered fintech disrupting the US$700 billion international remittance industry, has extended its digital money transfer service to 23 additional mobile…
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BUSINESS
PayTabs Egypt wins Best E-Payment Solution at Entrepreneur Middle East’s Leaders in Fintech Awards 2021
PayTabs Egypt, which set up operations in Cairo nearly a year and a half ago has received the prestigious “Best…
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News
Nigerian Communications Commission begins review of telecoms license structure
The Nigerian Communications Commission (NCC), has initiated the process for the review of existing licensing structure in the Nigerian telecommunications…
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News
Healthtech startup BASMA.com raises $3m funding to scale up its platform in the MENA region
UK-based, MENA focused, startup BASMA.com has closed a $3 million Series to scale up its healthtech platform in the region.…
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News
Speedaf express completes Round A+ financing to build China-Africa express brand
Speedaf Express, a China-Africa integrated logistics service provider, has announced the completion of its Round A+ financing. The round was…
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News
Toyota AI Ventures rebrands to Toyota Ventures, adds $300m to invest in emerging tech and carbon neutrality
Toyota’s first standalone, early-stage venture capital firm, Toyota AI Ventures, will change its name to Toyota Ventures. The VC firm…
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News
IFC launches program to support startups across North Africa
The International Finance Corporation (IFC) has launched a new advisory program aimed at making it easier for startups in Algeria,…
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News
CMA admits two new firms to the Regulatory Sandbox
The Capital Markets Authority (CMA) has admitted KOA Save Africa Limited and Moneto Ventures Limited to the Regulatory Sandbox. The…
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News
Nigeria’s Terragon Customer Data Platform (CDP) verified as RealCDP
Africa’s data and marketing technology company, Terragon, has been listed as a verified verified Customer Data Platform (CDP) company by…
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BUSINESS
Cytonn Investments ventures into insurance business
Cytonn Investments is venturing into the insurance business. The firm has launched its insurance agency arm, the Cytonn Insurance Agency…
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News
Inertia, PayTabs Egypt and valU partner to provide e-payment solutions for home improvement financing
Inertia and EFG Hermes’ NBFI subsidiaries – PayTabs Egypt and valU, the buy-now-pay-later platform (BNPL), announced they have entered into…
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News
Satgana launches first portfolio startup in Kenya, Mazi Mobility
Venture builder Satgana announced its first portfolio startup from Nairobi, Kenya, Mazi Mobility, to address the issues faced by the public transport…
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BUSINESS
KRA wins Kshs. 234m tax claim against Equity Bank Kenya
The Kenya Revenue Authority ( KRA ) has won a Kshs. 234 million tax claim suit against Equity Bank Kenya.…
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News
Safaricom in Talks with Amazon for M-Pesa integration as a payment option
Kenya’s leading telco Safaricom is reportedly in talks with U.S e-commerce giant Amazon to integrate M-pesa as a payment option.…
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News
Marilyn Moodley appointed to lead SoftwareONE South Africa
Marilyn Moodley has been appointed as South African Country Leader for SoftwareONE, an end-to-end cloud technology and software solutions company…
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News
UN launches hunt for startups and enterprises changing the face of food systems
The UN Food Systems Summit has announced a competition to identify startups and SMEs from across the world who are…
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