eTranzact continues profitability trend with 865.1 million naira PBT in 2016| Proposes 10k...

eTranzact International PLC, Africa’s premier e-payments solution provider has announced a profit before tax of 865.1 million naira and revenue of 10.40 billion naira...

Nigeria’s Globacom Signs A $750 Million Deal With Huawei For Network Expansion

Nigeria's telecommunications operator Globacom,  has entered into a $750 million deal with Huawei Technologies in a move that will the expansion and extension of...

Kountable & Kenya National Chamber of Commerce & Industry partner to train startups on...

SME focused platform Kountable has partnered with the Kenya National Chamber of Commerce & Industry to train SMEs and startups on procurement in a bid...

Gilat Satcom’s CEO Appointed As WIOCC Board Member

Normal 0 false false false EN-US ...

Equity Bank’s Equity Direct to Increase the Banks Diaspora Earnings

Equity Direct, a ten second international money transfer service from UK to Equity Bank customers in Kenya is the Bank's new move to reap...

Kenyan Startup Echo Mobile Joins IBM & Airtel in the Fight against Ebola

IBM has announced various partnerships in Africa to combat the Ebola outbreak.  The programmes include donation of IBM Connections technology in Lagos Nigeria to...

South Africa’s Tritech Media acquires 25% stake of real-time marketing firm ProximityID

Tritech Media, South Africa's media technology innovator has announced the acquisition of a 25% holding in real-time location-based technology leader ProximityID with an option to...

South Africa’s iKhokha Launches Cash Advances to SME’s Through Mobile Card Devices

  South African-based iKhokha, a fintech startup which currently provides a mobile app and card machine to more than 2500 small and medium formal and informal...

Kenya govt closes the M-Akiba retail bond after surpassing its Ksh 150m target

The National Treasury yesterday closed the Special Limited Offer of the M-Akiba Retail Treasury bond after subscribers surpassed the Ksh 150 million target yesterday,...

Safaricom & Virtual City Unveil M-Distributr, a Real-Time Order Management Tool

Today, Safaricom Business and Kenya's Virtual City, a mobility solutions developer announced the launch of M-Distributr an application to help FMCG sector firms to...

British PM Theresa May gives $72m for battery storage technology in South Africa

As part of her trip to South Africa to deepen the UK’s business, trading, diplomatic and research partnerships with the country, the Prime Minister...

CEO Weekends: Qatar Foundation Endowment Invests $1.26 Bn Into Bharti Airtel For A 5%...

Bharti Airtel has entered into a binding agreement with Qatar Foundation Endowment (“QFE”), under which Bharti will issue 199,870,006 of its new shares to...

Old Mutual Acquires majority stake in UAP Holdings for regional expansion

Old Mutual has acquired a 37.3% of UAP Holdings for some $253m making it a majority shareholder in UAP with 60.7% stake in a...

Cellulant named among leading global Fintech innovators

  Cellulant, a digital payments provider that reaches 40 million people across 11 African countries has been named among the Top 50 emerging Fintech companies in...

Nasper’s Kalahari finally Merged into Tiger Global’s takealot.com

Naspers' Kalahari.com has finally been merged into Tiger Global Management backed Takealot.com after the merger was on the 5th of January 2015 was approved...

Nation Hela Starts Campaigns To Boost Its Money Transfer Service

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; ...

Safaricom posts Ksh 32 bn in profits for the Year ended 31 March 2015

Against the backdrop of increased innovations, mobile banking partnerships as well as the long awaited bringing of M-Pesa servers home as well controversies to...

Badgeville Partners with The Gamifiers target the Middle East with Games

Badgeville has announced a strategic partnership with The Gamifiers to bring its presence in the Middle East including Egypt. Badgeville boasts of its worldwide presence...

IFC Gives $3.9 Million to Airtel Money to Expand Access to Mobile Financial Services...

IFC has announced an advisory services agreement, valued at $3.9 million, with Airtel Uganda to expand access to mobile financial services to strengthen financial...

Huawei Mobile to Increase Smartphone Sales in Kenya buoyed by Global Profits

Huawei Mobile Kenya plans to increase its smartphone sales by 50 percent by end of 2017. Speaking following release of Huawei global financial results,...

Are You Ready For Mobile Web West Africa 2013?

The Mobile Web West Africa event taking place from May 7th through 10th at the Four Points by Sheraton in Lagos, Nigeria is set to...

South Africa’s Minelab Establishes New Gold Mining Division To Revolutionise Gold Mining Technology Worldwide

  Cape Town based Minelab, a global leader in gold detection technology and hand-held metal detector devices has today established a Gold Mining division to...

Kenyans Launch A News Site To Expose Political Greed & Impunity As Election Day...

Mavulture.com is a new online platform launched today November 13 to expose raw truth on and about Kenyan leaders via a network of professional...

Total And Worldline Partner With African Fintech InTouch To Support Guichet Unique Deployment

 Total and Worldline have signed binding technological, commercial and financing agreements with African fintech InTouch . Under the agreements, Total and Worldline will support the deployment of the...

TomTom Integrates Indoor Mapping With Micello Partnership

TomTom (TOM2) has partnered with MicelloInc., a worldwide leader in indoor mapping; extending its range of mapping products to include indoor venues. Integrating Micello’s maps...

Kenyan woman in effort to make homes smokeless

Tired of seeing mothers spend large amounts of their daily budget on firewood, and children breathing in the smoke from cooking fires and kerosene...

The majority of African countries have lower corporate total tax rates than the BRIC...

The Total Tax Rate (TTR) measures the amount of tax paid by businesses as a share of commercial profits. In 2013, 37 African countries...

Kenya Launches fund for Film Production and Music to a tune of Kshs 600...

The government of Kenya through the Youth Enterprise Development Fund has set aside Kshs 600 million for film and music production in the country. Half...

Rwanda has better gender-based equality than each of the G8 countries

The Global Gender Gap Index (GGGI) quantifies gender-based equality in health, education, economy and politics in 142 countries. In her debut appearance on the GGGI...