Kenya’s Cellulant set to build a single payments API for Africa’s fintech companies &...

Cellulant, a Pan-African payments company providing a one-stop digital payments platform says it's set to build an application programming interface (API) for Africa's payments companies...

PesaPal distributes its Sabi POS to about 2000 merchants across East Africa

PesaPal's Sabi mobile point of sale (m-POS) has so far been distributed to over 1500 merchants across East Africa, with a lot of uptake...

Telkom raises $40 million debt from European Investment Bank to expand its 3G &...

Telkom has raised $40 million in debt from the European Investment Bank to grow its 3G and 4G coverage throughout Kenya, improve mobile connectivity, Fibre-To-The-Building...

Free Wifi Service Launched in Surulere, Lagos by Governorship Elections candidate, BabaJide Sanwo-Olu

The people of Surulere, a community in Surulere, Lagos got a big surprise on Sunday night with the launch of a free wifi service...

Lagos Governorship Elections Candidate, BabaJide Sanwo-Olu Speaks on Technology at Vibranium Valley

Technology growth in Lagos, Africa's seventh largest economy is about to get a boost according to Mr BabaJide Sanwo-Olu, governorship candidate of the All...

TECNO Mobile’s Boomplay in a deal to bring Universal Music Group’s artists to its...

   Boomplay, a music streaming and download service run by Transsnet Music, a Transsion Holdings company has partnered with Vivendi's Universal Music Group (UMG) to license...

Mall for Africa launches platform to allow users in Africa to easily buy used...

US to Africa shopping platform Mall for Africa has launched an auto site to allow buyers in Africa to buy cars from the United States...

MFS Africa announces second close of its Series B funding round led by LUN...

MFS Africa, a Pan-African fintech company, has announced the second close of its Series B funding round led by LUN Partners Group, a Shanghai-based...

Rwanda, Alibaba sign deal to link Rwanda SMEs to AliPay, Tmall & travel platform...

Rwanda government and Alibaba Group have signed three Memoranda of Understanding (MoU)  to establish an eWTP (electronic world trade platform) to empower small and medium-sized...

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...

Uber & Suzuki to expand the fuel-efficient UberCHAPCHAP option across Sub-Saharan Africa

Uber and Suzuki Motor Corporation have entered into a new memorandum of understanding (MOU) to expand the fuel-efficient UberCHAPCHAP option across Sub-Saharan Africa to...

MultiChoice Group names new executive leadership team

Naspers' recently formed MultiChoice Group (formerly Naspers’ Video Entertainment business) has named a new executive leadership team to drive its growth across Africa. The firm...

Telkom Kenya to declare about 500 employees redundant to cut its operational costs

Telkom has today issued the requisite thirty-day notice to relevant authorities and company stakeholders, of an intended workforce-restructuring exercise. In the statutory notification to...

Bharti Airtel’s Airtel Africa sells a $1.25 billion stake to Singtel, SoftBank as it...

Bharti Airtel's Airtel Africa  has sold a $1.25 billion stake to six leading global investors comprising Warburg Pincus, Temasek, Singtel, SoftBank Group International and others through a primary equity issuance...

How this university student borrowed $40 to start a kids store & beat everyone...

While on campus, Mercy Karimi Munene, liked the Jumia story, the convenience of shopping from your phone and having stuff delivered to your doorstep fascinated...

Balancing Act’s Russell Southwood on how Safaricom has struggled to innovate

  Like it or not, Africa’s mobile operators are central to the success of start-ups and for operators wanting to create “digital transformation”, they need...

Equitel hits 1.95 million subscribers | Processes 87.9 million mobile commerce transactions

Equitel has recorded double digit growth in both the value and number of mobile money commerce transactions, according to the latest data from the...

Kenya’s Sports betting firm SportPesa denies plans to go public

Kenya's online sports betting firm SportPesa has denied plans to go public refuting media plans that had earlier reported that the firm had engaged...

Toyota & SoftBank form new self-driving car manufacturing joint venture

Toyota and SoftBank have formed a new joint venture to facilitate the creation a new AI & autonomous car company dubbed MONET Technologies Corporation (“MONET”),...

How PesaPal’s Mobile PoS Solution Sabi is Powering Mobile, Card & Cash Payments for...

The Ministry of ICT is currently working with other relevant stakeholders to develop a National Addressing System, (NAS), to name and number streets, buildings...

Equity Group to replicate its digital banking strategy regionally

Equity Bank Kenya led in the implementation of Equity Group’s digitization strategy that saw the bank move over 97% of its transactions from the...

Naspers to unbundle & separately list its Video unit as MultiChoice Group

Naspers has said it will unbundle and separately list its Video Entertainment business on the Johannesburg Stock Exchange (JSE) as MultiChoice Group and will...

What Are The Benefits Of Digital Printing For Flexible Packaging?

Digital printing has brought great innovations to the packaging industry. Obviously, many companies are capitalizing on the benefits of digital printing in order to...

Finserve launches mKey keyboard app to make banking fun and social

Finserve, which was launched two weeks ago as an independent arm of the Equity Group is taking a foray into acquiring as many digital...

Safaricom to use biometrics, briefly suspend mobile money transactions after SIM Swap to curb...

Safaricom will be exploring the use of finger and facial recognition in a bid to curb SIM fraud. Mobile money transactions will be suspended...

Okapi Finance hits Kenyan market, launches cash transfer service

Okapi Finance, a global money transfer company, has launched its services in Kenya with an objective of offering affordable cash transfer services. Working in collaboration...

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...

Toyota to invest $500 million in Uber for self-driving technology

Toyota and Uber have announced a partnership agreement to advance and bring to market autonomous ride-sharing as a mobility service at scale. The firms...

Twiga Foods, Kipeto Energy & Acorn Housing raise more than $288m to address Kenya’s pressing...

Overseas Private Investment Corporation (OPIC) has showcased its support for several investment projects in Kenya during the president’s official visit to the United States. The...

Rocket Internet’s CFO Peter Kimpel Resigns to Join Barclays

For the past four years, Peter Kimpel has been Chief Financial Officer of Rocket Internet SE, an Internet company he helped list in 2014...