Business
WHO Partners With Tech Companies For Coronavirus Hackathon
Tech companies including Microsoft, Facebook, Twitter, WeChat, TikTok and others have partnered with WHO for a hackathon. The partnership will...
KCB & Safaricom Commit KShs 30B Mobile Stimulus Fund to Support Customers in COVID-19 Response
KCB Bank Kenya & Safaricom Plc. have committed to support customers in financial distress, making available more affordable lending and...
Microsoft to offer free remote working solution in the wake of COVID-19
Microsoft has announced that it will avail its hub for teamwork in Office 365, Microsoft Teams, for free to the...
Facebook to help small businesses keep the lights on during COVID -19 Pandemic
Facebook is taking the challenge to keep people and small businesses safe and informed by making sure everyone has accurate...
Keroche Breweries to Pay Half a Billion to Lift Urgency Notice by KRA
The High Court has ordered Keroche Breweries Limited to pay Kenya Revenue Authority (KRA) KShs500Million for the Authority to lift the...
Reddit Launches New ad Product for Brands to Buy 24 Hours of Placement on Site
Reddit has launched Trending Takeovers. A new ad product that allows brands to buy up to 24 hours of placement...
Paga, Visa Partner to Further Their Mobile Payments Dreams
Visa and Paga have partnered to accelerate mobile payments for merchants and consumers in markets where they both operate. Visa,...
Google Cancels Plan to Buy Into Largest African Wind Farm Due to Delay
Google has cancelled it's initial plan to buy into the 310 megawatts Lake Turkana wind farm in Kenya. The project...
TLcom Has Closed a $71M Deal For It’s Sub Saharan Africa Focused Tide Fund
TLcom, the Africa-focused Venture Capital firm has today secured an additional $31M for its TIDE Africa Fund. The deal brings...
Jumia launches its Jumia Advertising Services in a monetization move
Jumia, the NYSE listed e-commerce platform today launched Jumia Advertising Services, its online platform to brands and corporate organizations in...
Grant Brooke, Co-Founder, Twiga Foods steps down from active management
Grant Brooke, Co-Founder, Twiga Foods has stepped down from active management of the firm he co-founded more than five years...
CDC Group to invest £2 billion in African businesses over the next two years
CDC Group, the UK’s publicly owned impact investor, is to commit a further £2bn into African businesses over the next...
Jumia Kenya appoints new CCO to drive commercial success
Jumia Kenya has appointed Kenneth Oyolla as its Chief Commercial Officer (CCO) to drive commercial success as the firm eyes...
European Investment Bank injects $56 million into Bolt
The European Investment Bank (EIB) will give raiding hailing firm Bolt a EUR 50 million venture debt facility to support...
With $20m in the bank, Rensource wants to connect over 1M merchants in Nigeria to power
Rensource, a Nigerian renewable energy company, fresh from a $20m round, wants to connect over 1 million merchants in Nigeria...
Uganda’s Grainpulse raises $11M for a digital platform to link farmers to fertilizer & markets
Grainpulse, a Ugandan supply chain platform for farmers has raised $11m from IFC and the Private Sector Window of the...
Africa is at the forefront of an energy revolution-Simon Bransfield, CEO Azuri Technologies
"Africa is at the forefront of an energy revolution," Azuri Technologies CEO, Simon Bransfield-Garth told TechMoran adding that Africa is...
TravelStart takes over Jumia Travel across Africa as Jumia shuts down in Rwanda
TravelStart, a Cape Town-based online travel agency, is taking over the entire operations of Jumia Travel across Africa as the...
Jumia Kenya is downsizing| Starts banner advertising to bolster revenues
Jumia Kenya is downsizing, just weeks after it announced the closure of its e-tail site in Tanzania and weeks after...
Automation’s transformative power will change banking
The banking industry on a global scale is currently leveraging off the concept of automation to drive growth and cost...
Equity Bank Triple Win at International Banking Awards Due to Innovation
Equity Bank was feted at the Banker's awards held in London winning Bank of the Year- Kenya; Bank of the Year...
Safaricom, MPOST to Turn Phone Numbers into Virtual Post Boxes to Boost eCommerce in Kenya
Safaricom and the Postal Corporation of Kenya with Taz Technologies' MPost, have partnered to roll out digital Post Office Boxes...
Shelf Life, a global pharmaceutical subscription service, launches in Kenya
Shelf Life, a global pharmaceutical inventory management subscription service, has been licensed in Kenya by the Pharmacy and Poisons Board...
Jumia closes shop in Tanzania, after Cameroon, to focus on mature African markets
Jumia, an 'Amazon' for Africa has closed its e-commerce operations in Tanzania, after a similar move in Cameroon, raising questions...
Standard Chartered Bank launches Visa Infinite credit card for high net-worth customers
Standard Chartered Bank (SCB) Kenya has launched a prestigious product offering - the Standard Chartered Visa Infinite credit card. The...
Pinterest shows support for small businesses this holiday season as it launches Pinterest Shop
Pinterest Shop will let buyers shop from small businesses that make and sell unique products. Pinterest has introduced a new...
Uber loses the licence to operate in London a second time due to leaving passengers at risk
Uber has lost its licence to operate in London for the second time in two years as it faces the...
Showmax launches mobile plans with 50% price points in Kenya, Nigeria & SA
Showmax, a Naspers' owned subscription video-on-demand service has launched mobile-only plans targeting users in Kenya, Nigeria and South Africa aimed...
Nigeria’s Interswitch Group confirms Visa deal, becomes real African unicorn
Interswitch Group, a payments firm digitising payments in Nigeria and other countries in Africa, has confirmed the investment deal with...
Visa is paying $200m for a 20% stake in Interswitch ahead of a London IPO
Visa is in final stages to acquire a stake in Nigeria's Interswitch, in a deal that will make the pan-African...