Business
Huawei Ships 200 Million Smartphone Units For 2019 In Record Time
Huawei Consumer Business Group (CBG) today announced that it has shipped 200 million smartphones to date in 2019, 64 days...
Safaricom abolishes the expiry of calling, SMS & data bundles
Safaricom has abolished the expiry of data, calling and SMS bundles as part of the firm's plan to be simple,...
Equitel’s mobile commerce payments are its key growth driver
Equitel has recorded a 16% growth in the number of mobile money commerce transactions, according to the latest data from...
Safaricom Rebrands M-PESA, Offers Free YouTube Bundle To Support Kipchoge’s Challenge
Kipchoge To Also Extend His Partnership With Safaricom As He Becomes M-PESA Brand Ambassador Safaricom has today announced a raft...
Tingg, Africa’s first payments super app unveiled in 8 countries by Cellulant
Tingg’s all-in-one payment model seeks to revolutionize the way consumers interact with payment services in the region Cellulant, Africa’s leading...
How Sage wants to help organizations build & maintain a skilled workforce of the future
As the world enters the fourth industrial revolution, employers are finding it hard to either find the right talent or...
Daystar Power installs the 100th solar energy system in Nigeria
Daystar Power, a West African solar energy company has installed the 100th solar power system since the company was founded in...
Equity celebrates 35 years of existence and unveils a new look
Yesterday, Equity Group celebrated its 35 years of existence in the Kenyan market after having started its journey back in 1984. At...
Cellulant’s Mula rebrands to Tingg; Launches Africa’s first payments Super App
Cellulant, the pan-African payments firm has been quietly building a payments super app to bring bill payments, remittances, lending, group...
Cellulant Receives Africa Business Continuity Institute’s Award for its Resilience
Cellulant, a pan-African payments firm last evening received the most effective recovery of the year 2019 award from Africa’s Business...
Jumia revs up vendor loans to supplement its marketplace revenues
Jumia, an NYSE public listed e-commerce firm, is speeding up its lending offerings to its thousands of vendors to supplement...
Naspers invests $2.33m into DappRadar, a tracking platform for blockchain apps
Naspers' investment arm, Naspers Ventures has invested $2.33 million into Lithuania-based DappRadar, a global platform for discovering and analysing blockchain-based...
Safaricom wants Telkom & Airtel Kenya to pay Ksh 1.3 b debt before merger
Safaricom is not opposed to the proposed Telkom and Airtel Kenya merger, according to a statement by its chief executive...
Kenya’s MODE acquired by Singapore’s TransferTo (DT One) to bolster its global mobile top-up solutions
MoDE, Mobile Decisioning, a Kenyan mobile value-added services firm providing airtime credit to mobile network operators in emerging nations has...
SA’s MTN & Multichoice close branches indefinitely in Nigeria due to Xenophobia attacks
Following xenophobia attacks in Gauteng, South African businesses MTN, Multichoice, and Shoprite have closed shops in Nigeria and Zambia as...
First-Ever Oil Shipment Leaves Kenya & What It Means for the Economy
The final week of August may have been a momentous one in Kenyan history - but it appears to have...
Telkom Kenya blames Safaricom for derailing merger with Airtel
Telkom Kenya Limited and Airtel Networks Kenya Limited, announced, on February 8, 2019, an intention to merge their businesses in...
Erada Technology Alliance receives €288,000 from De Beers Group for its saliva-based diagnostic tests
Erada Technology Alliance, a South African heathtech startup, has received a €288 000 foundation grant from the De Beers Group...
ENGIE acquires Mobisol to expand its solar energy offering in Africa
ENGIE has acquired Mobisol, a struggling off-grid solar solution to expand its decentralized energy offering in Africa adding 3 additional...
11 startups join Plug and Play ADGM’s fall 2019 accelerator program
Plug and Play, the largest global innovation platform, and Abu Dhabi Global Market (ADGM), the leading international financial centre based...
Equity taps IFC’s head of financial institutions to accelerate its Pan African expansion
Equity Group has tapped the head of financial institutions in East and Southern Africa at the IFC as its Chief...
Knife Capital’s 4th Grindstone Accelerator Cohort Grew Revenues by 36%
Knife Capital, a South African venture capital firm, has announced its fourth Grindstone Accelerator cohort grew revenue by 36% created...
Sendy enters the big boys league with addition of long haul freight carriers
Sendy, Kenya's logistics platform has opened up its platform to include freight services from the inland container depot and long-haul...
Chinese Mobile Phone Maker X-Tigi Charged With $1.94 Million Tax Evasion in Kenya
Chinese Mobile Phone Maker X-Tigi with sales operations in Kenya, Mali, Nigeria, Burkina Faso, Guinea, Togo, Senegal, Cameroon, Dubai, Benin,...
Google Play Store publishes new policies to regulate predatory loan apps
The new policy is expected to greatly affect the booming mobile lending app industry in Kenya that mostly targets android...
Jumia to spin-off fintech arm JumiaPay for payments, loans & ticketing
Jumia, an NYSE listed e-commerce platform for Africa backed earlier on by MTN and Rocket Internet, is mulling spinning-off its...
The U.S. extends Huawei reprieve for 90 days but blacklists 46 more of its affiliates
The reprieve for Huawei Technologies and U.S. companies working with the telecom giant has been extended by the Trump administration...
OPay, Opera’s payments platform launches OBus in Nigeria & it’s not done yet
Opera's OPay, a payment and financial inclusion startup has launched OBus, a shuttle booking service in Nigeria to take on...
Huawei Ban | Will the US ever do business with China’s Huawei again?
Huawei’s 90-day reprieve expires today China's Huawei was banned from doing business with the US earlier this year as the...
Transsion Holdings & Wapi Capital Launch a $100K Startup Fund For African Fintech Startups
Transsion Holdings, the Chinese phone manufacturer behind TECNO, Infinix and iTel brands has partnered Kenya’s Wapi Capital to invest up to $100,000...