Search Results for: MEST AFRICA
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Startups
2nd Cohort of NINJA Accelerator in Kenya kicks off
5 Kenyan startups have been selected to be part of the 2nd cohort of NINJA Accelerator programme. NINJA Accelerator is…
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BUSINESS
Consumers shift to everyday products purchase, Jumia report
There is a significant shift of consumer online shopping behavior towards everyday product categories (FMCG, Beauty). This is according to…
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News
2 Years Later, Will Huawei Will Survive the US Ban?
Under US sanctions, Huawei’s revenue in the first half of 2021 was RMB 320.4 billion, which despite COVID-19 is a 38% decrease from…
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Startups
Nigeria’s e-commerce startup Sendbox raises $1.8 million
Sendbox has announced the completion of a $1.8 million seed round from investors including 4DX Ventures, Enza Capital, FJLabs, and…
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BUSINESS
Jumia partners with Samsung, l’Oreal and Adidas for its Brand Festival Campaign
Africa’s leading e-commerce platform, Jumia has on Wednesday launched its 2021 Brand Festival Campaign. Jumia has partnered with top brands…
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News
[Rwanda] IFC, CMA and Central Bank partner to boost access to long-term finance for SMEs
To support the development of Rwanda’s capital markets, IFC, the National Bank of Rwanda and the country’s Capital Markets Authority…
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News
Catalyst Fund announces Circle of Corporate Innovators to accelerate startup-corporate partnerships
Global inclusive tech accelerator Catalyst Fund has announced pioneer members of its Circle of Corporate Innovators to accelerate startup-corporate partnerships.…
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News
Ethiopian-based edtech startup Gabeya launches its revamped marketplace
Gabeya, the Pan-African source for freelance professional talent, has expanded its revamped marketplace, the first of its kind in terms…
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News
These Industries grew in 2020 despite Covid-19 slowdown
There are a few events in history that have changed the course of humanity and this ongoing Covid-19 pandemic may…
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News
Mabati Rolling Mills launches SAFBUILD Manufacturing Plant in Athi River
Mabati Rolling Mills Limited (MRM), a Member of the Safal Group has launched the SAFBUILD Manufacturing Plant at its Athi…
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BUSINESS
Kenya Airways Resumes International Passenger Flights
Kenya Airways (KQ) today resumed international passenger flights following the easing of movement restrictions as directed by H.E President Uhuru…
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News
Telecom regulators must work together to address challenges emerging from COVID-19 pandemic, says Huawei’s Catherine Chen
Telecom regulators across many nations and industries must work together to address the shared challenges that have emerged as a…
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News
Paxful and OKEx Partner to Provide Easy Access and Liquidity to Global Communities
Peer-to-peer bitcoin (BTC) marketplace Paxful has entered into a strategic partnership with cryptocurrency exchange OKEx to provide easy access and…
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BUSINESS
Kenya loses over Ksh.100 bn in revenue to illicit trade, report
The Kenyan Government revenue lost in 2018 to illicit trade stood at Kes 102.99 billion up from Kes 101.23 billion…
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BUSINESS
[Updated] IBM Exits Facial Recognition Technology Business Over Biasness and Inequality
(Updated on June 11): Amazon gives the US police departments a one-year respite on using its facial recognition technology IBM…
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News
Tech for humanity: Preparing for the next phase
ICT has been critical to fighting the Covid-19 pandemic and transforming society over the long term. But the key to…
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Startups
Visa is investing $200 Million in Nigeria’s fintech firm Interswitch
Visa is investing $200 million for a 20% stake in Nigeria’s digital payments company Interswitch. This minority equity stake acquisition…
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Startups
Kenya’s agri-tech startup Twiga Foods secures $30M to digitize food distribution
Kenyan food distribution startup, Twiga Foods has raised $23.75 million in a Series B equity round led by Goldman Sachs.…
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BUSINESS
Jumia and Unilever Super Brand Day to offer massive discounts on consumer goods for online shoppers
Jumia Kenya will from Monday 25th February 2019 run the first ever-ever Jumia Super Brand Day, a one-day shopping event…
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Startups
CDC announces new investment to support high-growth SMEs in Nigeria
CDC, the UK’s development finance institution, has announced a new investment designed to support high-growth SMEs in Nigeria. CDC has…
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COLUMNS
Column: Automation vacation – technology driving change in the Kenyan travel industry
By Corine Mbiaketcha Nana, Managing Director Kenya Hub covering East, Central and West Africa at Oracle. It is often said…
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BUSINESS
CBA’s third economic forum discusses food security
Commercial Bank of Africa (CBA) yesterday hosted its third Economic Forum at Serena Hotel in Nairobi. The third Economic Forum…
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Startups
Nigerian fintech startup Mines, secures $13M funding
Mines, a Nigerian fintech startup re-inventing credit in emerging markets secured $13M funding. The Series A round was led by…
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News
Visa opens up the first Visa Everywhere Initiative to young developers at the Nairobi Tech Week
Visa has announced that it will be opening up the first Visa Everywhere Initiative for Sub Saharan Africa to young developers…
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COLUMNS
Picking up the Pieces: What’s Next for Zimbabwe’s Economy?
Dustin Homer, Director of Client Solutions, Fraym “Bob is gone.” At the end of November 2017, under intense pressure, Robert…
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BUSINESS
Report: Kenya Makes Significant Progress in Sustainable-Finance Reforms.
Kenya is one of 34 countries that have introduced banking reforms to expand sustainable lending, making emerging markets a major force…
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BUSINESS
E-Commerce penetration in Kenya ramping up travel
Online buying and selling of goods and services, online transactions, high mobile penetration, fast connectivity, a digital savvy population and…
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News
The Black Friday Craze! Understanding the Buzz Around the Biggest Sale Event
With less than two weeks to the biggest annual sale event, everyone is on their marks for this year’s Black…
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COLUMNS
The role of payment infrastructure in boosting cross border business and drive economic growth
By Denis Kruger, Head of Sub-Sahara Africa, SWIFT Four years after its launch, Kenya, Tanzania, Uganda and Tanzania are benefitting…
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News
Andela partners with Google to launch the Andela Learning Community (ALC 2.0) program in Kenya
Andela has announced the launch of the Andela Learning Community (ALC 2.0) program in Kenya. The program (ALC 1.0), which…
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News
Report, Changing markets driving gradual increase in EAS spend
Despite economic uncertainties and political instability, large and medium-sized organizations in South Africa continue to steadily increase their software investments…
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News
Siemens signs MoU with Uganda and Sudan to develop solutions in power supply, transportation, industry and healthcare
Siemens has signed a Memoranda of Understanding (MoU) with Uganda and Sudan improve power supply, industry, transportation. The corresponding MoU…
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BUSINESS
Electronic Cargo Tracking System (ECTS) a Cost-Effective Tool in Transit Trade
Trailer and cargo tracking provides multiple benefits for the logistics industry in the global and East Africa region. In Kenya,…
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BUSINESS
Staying Relevant: #7 Travel and Tourism Trends to Watch Out For in 2017
From the advent of bleisure and braggies to the constitution of travel as a human right by the UNWTO, 2016…
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BUSINESS
Visa Patners with four banks to launch mVisa mobile payment service in Kenya
Visa has today introduced a new mobile payment service in the country. Known as mVisa, the company says the service…
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BUSINESS
MoneyGram Partners with Econet Wireless to allow international money transfer via Zimbabwe’s EcoCash
MoneyGram and Econet Wireless yesterday launched a new service that will enable customers from more than 200 countries and territories worldwide…
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News
Liquid Telecom Kenya launches support for Internet content entrepreneurs programme
Liquid Telecom Kenya has launched a two-year ‘Information Enabler’ programme that will see entrepreneurs who publish local content online receive…
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BUSINESS
Interview: The evolving role of E-commerce in the travel industry
The most amazing aspect of e-commerce is its ability to impact sales and marketing efforts immediately, however, the uptake of…
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News
Travelstart set to revolutionize the online booking agency through neXt
A day like today way back in 1749, the French Revolution happened and changed the way people do things, well…
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BUSINESS
Safaricom gets go-ahead to import digital set-top boxes
Safaricom has applied for a digital broadcasting licence as it aims to take advantage of the convergence coming…
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News
Pirated software still flooding Kenyan market
Eight out of every ten (80 per cent) computers in Kenya operate on pirated software, according to Microsoft.…
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