Business
African Development Bank launches a digital platform to connect investors to deals in Africa
The African Development Bank has unveiled a new digital platform for the African Investment Forum connecting investors to investment opportunities...
African Development Bank Group approves $8 million to Credit Bank for SMEs
The Board of Directors of the African Development Bank Group has approved a $8 million-targeted financing to Kenya’s Credit Bank...
Sub-Saharan Africa’s Mobile Economy Stood at More Than $150 Billion in 2018-GSMA
Sub-Saharan Africa will remain the world’s fastest-growing mobile region over the coming years as millions of young African consumers become...
Bolt, formerly Taxify raises $67M in funding for international expansion
Bolt, formerly Taxify has raised $67 million in growth funding for its global expansion plans according to a new report...
Uber Eats signs up 420 eateries in Kenya one year after launch
Uber Eats has announced that it is serving more than 420 Kenyan eateries on the app, one year since it...
Sendy banking on rider access to CBD to increase its order volumes
Logistics platform Sendy, through the Nairobi city council, has provided additional licenses to top-performing motorcycle drivers on their platform, allowing...
Blockchain startup Wala calls it a day after failing to secure funding
Wala, South Africa's blockchain startup has closed down, the startup’s CEO Tricia Martinez has confirmed in a blog post. The company was...
Banks, insurance & pension firms in Kenya urged to use biometric to reduce fraud
Firms in the financial services sector such as banks, insurance, and pension funds are set to reduce fraud in their...
Samsung profits down by 56% in Q2 due to Huawei’s US ban
Today, Samsung Electronics said that profits for the three months that ended June more than halved from a year earlier...
Forbes Africa 30 Under 30; Kenyan Technology and Business stars of 2019
Forbes Africa very recently released the fifth edition of its 30 under 30 list, honoring some of the continent's most...
Naspers creates SA arm so it focuses on NewCo, its global internet business
Naspers is set to list NewCo, its new global consumer internet group, on Euronext Amsterdam. Though NewCo will have a secondary, inward...
Jumia signs up 35 delivery partners to expand its Jumia Prime subscription service across Nigeria
In a move to attract new and retain repeat customers, Nigeria's online store Jumia is set to expand its Jumia Prime...
CBA LOOP Targets Budding Entrepreneurs With Financial Advisory Sessions
Commercial Bank of Africa (CBA) through its digital banking service, Loop, is offering budding entrepreneurs financial advisory sessions through a...
Safaricom Launches Anti-Fraud Tool to Help Banks, Saccos & Insurance Firms Identify Internet Transactions
Safaricom has launched a fraud intelligence tool to help financial institutions such as banks, microfinance institutions, and insurance firms curb...
Azuri Technologies Launches PayGo Solar Satellite TV in Zambia
Azuri Technologies, a pay-as-you-go solar home solutions to off-grid households across Africa, has officially launched its 24-inch solar satellite television...
Safaricom rolls out VoLTE voice & video calling to bolster data sales
In a move expected to bolster its data sales, Safaricom today launched Voice over LTE (VoLTE) and Video over LTE...
Vodacom Group sells its enterprise focused operations in Nigeria, Zambia, Angola & Cote d’Ivoire
Vodacom Group is offloading its Vodacom Business Africa (VBA) assets in four markets as it moves to streamline its operations...
Learn programming: How to become a good programmer
Want to change careers and learn programming? You think it is a prospective career? There is much more to professional...
Visa wants to tap into Africa’s growing motorcycle transport & logistics business
Visa has seen the light, Africa's motorcycle transport and logistics business just started and it's going to be huge. Kenya...
Afriwise & Africa Risk Consulting partner to help global firms understand African markets
Afriwise, an online alternative legal services delivery platform has partnered Africa Risk Consulting (ARC) to offer firms active in or...
Why accepting mobile money in Sub-Saharan Africa is a game changer for Global Businesses
Last week, Cellulant announced its partnership with Adyen – a global payments company and Europe’s fastest growing Dutch-based fintech unicorn...
Visa Collaborates with IBS Bank Somalia to drive Payments Inclusion
Somalia's IBS Bank has partnered with Visa to deepen its payments services in Somalia in a move expected to accelerate...
AfDB launches a $400m Africa Digital Financial Inclusion Fund to expand digital financial transactions in Africa
The African Development Bank and its partners on Wednesday launched the Africa Digital Financial Inclusion Facility (ADFI), designed to aid...
Futuremakers by Standard Chartered raising $50m to invest in 50,000 youth-led startups
Standard Chartered Bank has launched its new community investment approach called Futuremakers by Standard Chartered to help the next generation...
Equity Bank Gets £50m From the European Investment Bank | Enters Ethiopia
The European Investment Bank, supported by the European Union has launched a new EUR 50 million (KES5.7 billion) agriculture sector...
WorldRemit unveils a salary payments service to allow UK firms or NGOs pay staff in Africa
WorldRemit has launched WorldRemit for Business, a new service that enables small and medium-sized business owners to pay their employees or...
Visa’s Blockchain-based Visa B2B Connect for global cross-border payments launches
Visa has commercially launched its Blockchain-powered Visa B2B Connect network, giving financial institutions an ability to quickly and securely process...
Co-operative Bank partners with WorldRemit for digital money transfers to Kenya
Co-operative Bank of Kenya has partnered with UK's digital money transfer company WorldRemit to enable digital money transfers to over...
IFC Partners with Twiga to Boost Food Safety in Kenya
IFC, a member of the World Bank Group has partnered with Twiga Foods, a Kenyan-based technology food distribution platform, to...
Adyen partners Africa’s Cellulant to bring M-PESA to Netflix, eBay, Airbnb, Facebook etc
Global payments firm Adyen has partnered with pan-African payments firm Cellulant to offer its global merchants access to key local...