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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...

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...

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...

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...

KCB Group net profits hits 12.7B due to increased mobile channel activity

KCB Group has posted a 5% growth in after tax profit to KShs. 12.7 billion for the...

Kobo360 raises $30m led by Goldman Sachs to enter 10 new countries across Africa

Kobo360, a digital marketplace for long distance hauliers connecting cargo owners to vetted and reliable trucks,...

Samsung and Xiaomi surge in European smartphone market in Q2-report

Samsung rocketed to over a 40% market share in Europe in Q2, its highest for five years,...

AfriLabs partners African Union to train 1m African entrepreneurs by 2021

AfriLabs, a pan-African network of 158 technology and innovation centers in 45 African countries has partnered with...