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Microsoft & EU-Africa Business Forum to Bring e-learning to Rural Africa

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microsoft-ces-boothMicrosoft and other players want to bring e-learning into rural schools in Africa, a move expected to revolutionize the continent’s learning and lead to development.

Microsoft suggested this at roundtable it is co-chairing at the 5th EU-Africa Business Forum  with representatives of African governments and their respective ministries of education, multilaterals, ICT specialists, financial institutions and other private sector players. The group discussed connectivity and affordability challenges in the roll-out of e-schools across the continent.

According to Louis Onyango Otieno, Microsoft Africa Initiatives Legal and Corporate Affairs Director, ” The goal of the roundtable is to take away outcomes and solutions that will ultimately help Africa achieve the MDG’s agenda for universal education by advocating for connectivity, access and services that are relevant and affordable. Access to capital remains a major obstacle for African businesses and entrepreneurs to invest in and deploy low-cost technologies.”

Otieno was accompanied by SES’ Vice President for Institutional Relations, Christine Leurquin, among others who identified devices, connectivity and e-learning services as some of the key barriers in promoting universal access to education and wanted to see how the European and African public and private actors could improve access to the internet, and its related services.

The forum proposed an EU pan-African solution that will allow school to have access to devices, connectivity, and e-learning services.  The forum also discussed the need for private and public partnerships (PPPs) to deliver relevant, sustainable and scalable solutions that will promote e-learning in Africa. It also addressed the need for infrastructure, resourcing and the related financing required to deploy education solutions and the creation of an enabling policy environment that promotes infrastructure development, access to dynamic spectrum, as well as online safety and cyber security will be critical to meeting this goal.

Microsoft is already piloting three solar-powered TV white spaces trials on the continent as part of the 4Afrika Initiative. The pilots in Kenya, Tanzania, and South Africa, aim to provide low-cost, broadband access to neighbouring schools and universities.

Last month, Microsoft partnered with Intel East Africa and the Kenya Private Schools Alliance, to launch the 4Afrika Youth Device Program, which provides a bundle of affordable devices, educational applications, online services, data plans and smart financing to Kenyan learning institutions. Other partners include Safaricom, Mitsumi Distribution, Equity Bank and M-Changa, a mobile fund-raising app.

“The collaboration of these partners is key to the success of the 4Afrika Youth Device Program in making it practical and affordable for learners and educators. We are excited to have been able to share our experience and learnings during the roundtable, and look forward to participating in the growth of e-learning on the continent,” says Otieno.

The 5th EU-Africa Business Forum has brought over 500 high level participants from the business communities across Europe and Africa and is happening back-to-back with the 4th Africa-EU Heads of State Summit in Brussels, Belgium.

 

 

Gemalto Launches Integrated Border & Visa Management solution

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GEMALTO

 

Gemaltothe world leader in digital security, has introduced the Coesys Border and Visa Management solution to meet the combined needs of securing borders and simplifying travel procedures.

The end-to-end solution integrates high-availability service platforms, secure software and on-site services to significantly reduce waiting times through the use of automated document verification and border control at land, sea and airport check points. Gemalto’s visa and border management technology enables government authorities to implement an electronically connected system for easy deployment of immigration policies.

 This new, entirely computerized system enhances security and provides a more efficient set of tools to monitor border entries and exits. It also delivers higher rates of detection and prevention through official international databases to check if the travel document has been lost or stolen. Coesys Border and Visa Management can easily incorporate automated e-gates at border immigration check points. These highly secure, two-stage traveler verification systems first verify that the e-passport is authentic and then performs facial or fingerprint recognition to match the holder to the electronic data securely stored on the e-passport.

In addition to a dedicated platform for border control, Gemalto’s portfolio includes consultancy, solution design, system integration and full support for the transition from legacy systems to integrated border management infrastructures. Coesys Border & Visa Management leverages Gemalto’s unique global footprint and long-standing trusted relationships with government and authorities worldwide, acquired through more than 80 successful deployments in the public sector.

“This new solution capitalizes on Gemalto’s security expertise and the hundreds of millions of electronic travel documents with the associated services that we have deployed so far,” said Frédéric Trojani, Executive Vice President, Government Programs at Gemalto. “With air passengers traffic expected to double by 2030 (1) and 53% of all passports issued forecast to embed the electronic feature in 2017 (2), Coesys Border and Visa Management comes about just when governments need to fast track travelers through major international airports, with no compromise on security.”

 

Microsoft Expands Cloud Services For Mobile Scenarios

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ms

Microsoft has introduced new applications, updated others apps and services including Microsoft Office for iPad and free Office Mobile apps for iPhone and Android phones. The company has also announced the Enterprise Mobility Suite, a comprehensive set of cloud services to help businesses manage corporate data and services on the devices people use at work and at home.

Microsoft also announced the upcoming availability of Microsoft Azure Active Directory Premium and enhancements to Windows Intune.

“Microsoft is focused on delivering the cloud for everyone, on every device. It’s a unique approach that centers on people — enabling the devices you love, work with the services you love, and in a way that works for IT and developers,” said Satya Nadella,  Microsoft CEO.

Office 365 subscribers can simply add an iPad as one of their chosen devices included in their subscription benefits.

Office for iPad brings full file fidelity across Office on PC, Mac, tablet and phone, and along with cloud storage from OneDrive or OneDrive for Business your files are up to date.

Microsoft also offers other iPad-optimized productivity applications, including OneNote, Dynamics CRM, Dynamics AX, Bing, Lync, Outlook Web Access, OneDrive, OneDrive for Business, Yammer and Skype.

The new Microsoft Enterprise Mobility Suite (EMS) provides comprehensive device, identity and access management with data protection from the cloud. EMS includes Windows Intune, Azure Active Directory Premium and Azure Rights Management Services, to give IT the tools to protect corporate assets and enable people to work on the devices they love.

The new Azure Active Directory Premium delivers cloud-based identity and access management with single sign-on to over 1,000 popular software as a service (SaaS) applications, self-service tools for users, and machine-learning-driven security reporting and anomaly detection. With Azure Active Directory Premium customers can reduce their IT costs and more easily manage their users, groups and SaaS application access.

Microsoft also announced additional enhancements to Windows Intune, including support for the Samsung KNOX platform, Remote to My PC capability for Android and iOS devices, and support for the next update to Windows Phone, continuing Microsoft’s commitment to cloud-first mobile device management across all devices.

Microsoft Office for iPad is available 29 languages. The apps require an iPad running iOS 7.0 or later. The new Windows Intune features and Azure Active Directory Premium will be available in April, and the Enterprise Mobility Suite will be available via Microsoft Volume Licensing channels on May 1.

Private Equity investment in Sub-Saharan Africa grew by over 300% from 2012 to 2013

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Graph1Africa continues to be regarded as the next frontier for Private Equity (PE) investments. There were 84 PE deals in 2013, rising 52% from 54 deals in 2012. In money terms, 2013 saw US$3.7 billion of PE investments throughout Sub-Saharan Africa, more than triple the US$1.13 billion invested in 2012. The extractive industries, particularly oil and gas dominated investments in 2013. Read more here…

A Modern-Day Nokia 3310 Is Here.

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Released back in 2000, one of the most successful nokia gadgets Nokia 3310 is actually making a modern-day come back.

This cult handset will add a 41MP pure View camera with Zeiss optics and Xenon flash, it will also run on a modified version of Windows Phone 8 to fit the unique ‘ClearDiamond’ three inch touch screen having live tiles and app folders are supported which also comes pre-intalled with MS Office, Xbox Games, Outlook and OneDrive that offers 7GB free cloud storage out of the box. The device will come in yellow, blue, red and green as well as the classic metallic dark blue.

“I’m really excited that we’ve found a way found a way to marry our innovative PureView technology with such a beloved device. Withits durable design and iconic look, we think even more people will enjoy our signature pure view magic,” said Juha Alakarhu, Nokia head of imaging Technologies.

Nokia 3310 will come in handy with a dual-core processor 2GB RAM and 32GB of on-board storage into a case that mimics the original size (113 x 48 x 22mm) and weight (133g). a side mounted MicroSD card slot will offer additional storage expansion and to add on to those features, the gadget will rollout with 3G connectivity while LTE- equipped will follow later in the year.

Popular games; Snake II, Pairs II, space impact and Bantumi, a currency converter and original monophonic ringtones are part of the renewed device.

Kenya Has Extended Its Digital Migration Deadline To 30th September

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migration

 

Kenya’s court of appeal has given an 8 months extension in digital migration. The new deadline stands at September 30, so all of you who didn’t have the set top box have ample time to get one.

The court also revoked the signal distribution awarded to China’s Pan African Network Group and ordered a fresh tender process.

The three judge bench – composed of Justices Roselyne Nambuye, David Maraga and Daniel Musinga – ordered that the three media houses (Nation Media Group, Royal Media Services and Standard Group) in the suit be issued with a signal distribution license, as the CAK was not properly constituted when it issued the license to PANG.

“The digital migration date is still far ahead as per the set international deadline of June 2015 and it is our view that an additional six months will be adequate for all stake holders to agree on an independent body to issue the digital licenses,” ruled the judges.

The new 8-month window provided by the ruling can be utilized by the government to create more awareness about the migration exercise and increase uptake of Set Top Boxes while vendors of digital broadcast services can also use the opportunity to educate the masses about the various Set Top Boxes (STBs) on offer.

It appears that only 32 percent of Nairobi residents with TV sets have purchased Set Top Boxes (STBs), this is according to a recent research by Ipsos Synovate.  The survey, conducted in the first week of March 2014 in Nairobi, the number of households with the boxes in Nairobi is higher than the national average which stands at 29 percent.

The Ipsos Synovate Kenya Audience Research Foundation (KARF) survey found that most of the STBs were acquired by Kenya’s 8 million TV households in December.

Nigeria’s NIMC Obtain Software To Register Physically Challenged Citizens

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nimc

 

Nigeria’s National Identity Management Commission (NIMC) has acquired a software to enroll physically-challenged Nigerians into the national identity management project.

As soon as the software is installed, said Umar Abdulhamid, NIMC’s deputy director of Corporate Communications, the affected Nigerians would be enrolled.

“The software has features which can accommodate all forms of disability, without compromising the authenticity of the biometrics of the enrollee,’’ Abdulhamid said.

He said the current software being operated required the collection of all of the individual’s fingerprints as well as the enrollee’s color of the iris.

The NIMC official said the new software had been created to meet the needs of people with all forms of physical challenge.

The deputy director of NIMC explained that the delay in the registration was not deliberate and was not a way of discriminating against the physically challenged but to develop an authentic means of enrolling them.

`The affected Nigerians will be informed of the date for their enrollment after the system has passed the test run,’’ he said.

It was gathered that some physically-challenged Nigerians were turned back from the enrollment centres because of the inability of the system to capture them.

Meanwhile, a mobile enrollment vehicle has been deployed to the FCT NYSC orientation camp at Kubwa in Abuja to register corps members.

Abdulhamid then urged corps members to utilize the opportunity to enroll while in the camp.

Skrill Launches Online Money Transfer Directly to Safaricom’s M-Pesa

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Image:Ben Lyon, KopoKopo

Skrill (formerly Moneybookers) has launched its online money transfer services directly to Kenya and is already working with Safaricom’s M-Pesa to allow users to send money directly to an M-PESA mobile wallet from wherever in the world. With over 36 million accounts, Skrill‘s launch will make sending money to M-Pesa easy.

Skrill is not the only one allowing direct to M-Pesa international money transfer to Kenya. WorldRemit, Equity Bank’s EquityDirect among other services such as Western Union and MoneyGram also provide similar services.

For one to send money, all they need is a receiver’s full name and an M-PESA mobile phone number and then the cash is instantly deposited directly into their M-PESA. Users send money at anytime from anywhere online directly to an activated M-PESA mobile wallet.

Skrill iT shows you exactly how much your friends and relatives will receive before sending and you can choose from 40 currencies and 100 ways to load and withdraw money. With rates of just 1%, capped at a maximum of €10, users can afford to send more to their family and friends.

Launched in 2001, Skrill is steadily becoming a world’s leading digital payments firm  with over 560 people from 30 nationalities based in London. Skrill powers online payments in over 200 countries and 40 currencies, securely and at low cost, without revealing their personal financial details. The firm powers needs of over 156,000 businesses with simple one-step integration to a fully-tailored payment solutions.

Kinnevik Group’s Roshi Motman Appointed GM Tigo Ghana

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Roshi
Roshi

After working for almost ten years with various companies in the Kinnevik Group, a key investor in Millicom, Roshi Motman has been appointed by Millicom as the new General Manager Tigo Ghana effective April 1st.

Roshi had worked in various management roles at Tele2 in Sweden covering Product Management, Sales and most recently Customer Operations.  Prior to Tele2, Roshi was responsible for the development of mobile entertainment at Modern Times Group, parent company of TV channel Viasat.  She studied Electrical Engineering and Business Development at Chalmers University in Göteborg, Sweden.

She will replace Adil El Youssefi who will leave the group to join Airtel Kenya as M.D.

Commenting on the appointment, Arthur Bastings, Millicom’s Executive Vice-President for Africa, said “Roshi takes the helm as Tigo continues its journey of transformation as a digital lifestyle company.  We are looking forward to benefiting from her track record of innovative and customer centric leadership.”

Roshi Motman added “I really look forward to joining the team in Accra to help make Tigo an even stronger brand that offers attractive digital services to Ghana’s consumers. I am excited to take on this challenge together with my colleagues and our stakeholders in Ghana.”

In a message to Tigo’s staff, Mr Bastings praised Adil El Youssefi as being instrumental to the recent growth of the firm and warmly wished him well in his new role outside the group.

The company also announced its intention to appoint a Deputy General Manager for Ghana.

 

Gilat Satcom’s CEO Appointed As WIOCC Board Member

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gilat

Gilat Satcom, a leading provider of satellite and fibre-based connectivity services in Africa, Asia and the Middle East, today announced that its CEO, Dan Zajicek, has been appointed to the board of multi-award-winning Africa’s carriers’ carrier, WIOCC.

Gilat Satcom Nigeria, a subsidiary of Gilat Satcom, was a founding shareholder in WIOCC, and it has always held a board-level position.  The involvement of Gilat Satcom’s CEO and the company’s continuing investment in WIOCC reflects the ever-increasing demand from its customers for high-speed fibre connectivity in Africa.

Formed in 2007 and operating exclusively as a wholesaler, WIOCC is Africa’s carriers’ carrier utilizing more than 50,000km of terrestrial fibre to and from more than 400 locations across 30 Africa countries. It has a number of strategic investments in submarine cables, including EASSy, EIG and WACS.

Dan Zajicek, CEO of Gilat Satcom, said “Providing broadband connectivity over fibre in Africa is now the fastest-growing part of our business and compliments our traditional satellite business. WIOCC has changed the face of telecoms in Africa; its fibre network enables us to provide operators and enterprises with reliable, affordable connectivity across the continent”.

Chris Wood, CEO of WIOCC said “Gilat Satcom is a dynamic and innovative company which is constantly looking for ways to improve broadband services in Africa. We welcome Dan onboard and know that his experience and expertise will be a valuable asset for our team.”

Africa’s Biggest Music Stars & ONE.org Launch ‘Cocoa na Chocolate’ To Revolutionize Agriculture

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do agric

ONE.org has launched one of the continent’s biggest musical collaborations ever, ‘Cocoa na Chocolate’, in support of a new campaign to boost investments in agriculture: ‘Do Agric, It Pays’.

Nineteen of the top recording artists from across Africa, including D’Banj and Femi Kuti from Nigeria, DR Congo’s Fally Ipupa, Cote d’Ivoire’s Tiken Jah Fakoly, Kenya’s Juliani, and South Africa’s Judith Sephuma, have come together to help rebrand agriculture and tell African youth that their future lies literally beneath their feet—and in their hands.

Dr. Sipho S. Moyo, ONE.org Africa Executive Director, said: “According to the UN-FAO, agricultural growth is 11 times more effective at reducing poverty than growth in other sectors like mining and utilities. Do Agric is a continent-wide push to appeal to African governments to commit to spending at least 10 percent of national budgets on effective agriculture investments—a commitment they originally made in Maputo in 2003—and to do so through transparent and accountable budgets. We are indeed proud and greatly privileged to be partnering with such an inspiring group of individuals to spread the message that not only can Africa feed itself, but it can help to feed the world.”

These artists are using their voices to inspire young people to join ONE.org, and tell political leaders ahead of the African Union summit in June that the time has come to adopt better agricultural policies that will help tackle youth unemployment, provide better support to small holder farmers, boost productivity, increase value chains, and help lift millions of Africans out of extreme poverty.

The song is available for download for free at http://www.one.org after signing the ‘Do Agric’ petition that tells African leaders to invest in our farmers, our food, and our futures.

Nigerian music superstar D’banj said: “As African musicians, agriculture is the single most important cause we could champion together and I am proud to say we are doing it with ONE voice. Here in Nigeria alone, while 70% of Nigerians depend on agriculture for their livelihoods, the federal agriculture budget has been trending downwards, and is now at just 1.47%. This is a serious concern, especially because Nigeria spends billions of Naira importing food every year.

Rocket Internet’s Credit Marketplace Zencap Will Help SMEs Ditch Bank Loans

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969143_377794345694352_1949095870_nFrom the guys who build  Zalando, eDarling and Groupon, Hellofood, Jumia, Lamudi among others Zencap has launched to be world’s first digital credit marketplace for SMEs.

Live in Germany now, the Rocket Internet-backed firm aims to give both small- and medium-sized companies an opportunity to receive financing quickly and hassle-free. Founded in March 2014 and led by Dr. Christian Grobe and Dr. Matthias Knecht and a team of 35 experts with finance expertise,  Zencap acts as a bridge between both sides, Zencap connects entrepreneurs and private investors – without a detour via banks – and creates a new financial freedom of action for SMEs. Rocket Internet’s Zencap helps medium-sized enterprises gain independence from traditional banking.

SMEs are allover.

579234_377795339027586_263170848_nIn Germany alone about 99% of all companies are small or medium-sized and they reach an annual revenue of 2 billion Euros, which makes them the backbone of the German economy says Dr. Christian Grobe, founder and director of Zencap.

“However, credit financing is a bureaucratic and tedious process that often ends in frustration. In fact, the latest KfW-Panel about medium-sized companies came to the result that 20% of all credit negotiations are doomed to failure. It is our goal to dismantle these barriers by providing an easy and unbureaucratic alternative to banks,” Grobe adds.

Zencap therefore has launched to strengthen the negotiation position of smaller businesses and also offer them maximum flexibility, e.g. the opportunity to repay loans early without additional fees. Investors benefit, too: they can diversify their portfolio across five different risk classes and receive returns between 2.3 and 13.9%. Zencap investors get interest- and principal repayments on a monthly basis as opposed to current accounts.

In a statement, Dr. Matthias Knecht, founder and director of Zencap said, “We want to enable the entrepreneurial creativity of medium-sized companies and give them the freedom to realize innovative ideas. In our opinion, the keys to this are lean processes, effective risk management and unbureaucratic user-friendly applications. This way, our customers can stop worrying about financing and refocus on what is central: their enterprise.

The platform works simply,  Zencap entrepreneurs and investors get together without any detours via banks.

1.Credit application: Entrepreneurs apply for a loan for € 10.000 – € 150.000, with a term of 6 – 60 months on www.zencap.de. The application on the website can be completed in just a few steps.

2.Assessment of creditworthiness: The Zencap risk management team checks the company’s creditworthiness within a few days.

3.Non-binding interest rate offer: In the next step Zencap proposes a non-binding offer based on the company’s risk class and the loan’s term. After accepting the offer, the credit project appears on the Zencap website.

4.Investments by private investors: Investors now have the opportunity to select between different company profiles. An investment begins with 100€.

5.Payout to enterprises: Once a credit project is financed by investors, the credit gets paid out. Only in this case, Zencap receives an agency-fee between 1 – 4.5 %, depending on the credit’s term.

Kenya Continues To Chase The Possibility Of Nuclear Power

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nuclear energy

 Kenya has the vision of building a power plant by 2025 and is planning to do so dispite clams that it could be dangerous.

To boost this, Students at the University of Nairobi are training for the jobs of the future that is what is planned to be Kenya’s first nuclear power plant. The master’s program at the Institute of Nuclear Science and Technology trains 15 students annually to be technicians and engineers.

Institute director David Maina said:”The kinds of things this country is imagining they want to do require a lot of power. And here we have only 1,600 megawatts. What can we do, if you compare that to a country like [South] Korea which has 43,000 megawatts? You see we are a tiny consumer compared to those big economies.”

In the country, it is estimated that 69 percent of the Kenyans do not have electricity in their homes. The nuclear plant will be able to produce up to 1,000 megawatts of power for those homes.

Deputy President William Ruto said: “Kenya’s stated intention of using nuclear energy for electricity generation reflects the sort of thinking which can propel a country from relative mediocrity to the realms of greatness.”

Many other developed nations have turned away from nuclear power following the disaster at Japan’s Fukushima plant in 2011. Germany is scheduled to close all of its nuclear plants by 2022. In Kenya too, there are those who fear a nuclear plant could invite a Fukushima-type of disaster, or be a target for terrorism.

While nuclear power may be the most productive source, it is also the most costly. The price tag for a single plant is more than $4 billion.

Orange Cameroon Subscriber Base Increase To 6.5

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orange

Orange Cameroon has managed to attract 6.5 million customers, well, this is according to an internal document brought to Ecofin’s attention.

This means that the telecommunication company is the second most preferred telecommunications company in the country, coming after MTN which holds the significant number of customers, 8.2 million.

This means that Cameroon has a total of 14.7 million cellular phone customers (out of a total population of 20 million), compared to 13 million on late 2012. This was revealed by the Telecommunications Regulations Agency (TRA) last year.

Since the opening of the mobile phone market in Cameroon at the start of the new millennium, MTN and Mobilis, which later became Orange, have been the only operators despite the granting of a third licence to the Vietnamese company, Viettel in 2012. The newcomer is expected to start business in September 2014 after two postponements.

Airtel to Resell Thuraya Satellite Devices to Help Connect Africa’s Remote Areas

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15419-thuraya_articlePhone satellite firm Thuraya Telecommunications Company and Airtel Africa have partnered in a new deal that will see more remote areas connected to Airtel network in Africa and have access to mobile satellite products and services.

The reseller deal will see the Airtel sell Thuraya satellite devices to its  customers in 17 countries in Africa. The gadgets aim to up Airtel Africa customers voice and broadband connectivity via Thuraya’s satellite network from May onwards.  The deal will also help Airtel Africa extend its mobile network coverage via Thuraya’s satellite network for both voice and data needs of Airtel Africa individual and enterprise users in sectors such as mining, energy, media, government and humanitarian NGO sectors. 

According to Christian de Faria, Chief Executive Officer of Airtel Africa, “Providing reliable connectivity in many remote parts of Africa can be challenging. This partnership enables us to further extend our coverage and services for businesses and general consumers who live or work in very remote areas. Thuraya’s satellite services will be combined with the reliable, high-quality voice calls and broadband access that our customers are accustomed to experiencing in our urban centers.”

Thuraya’ also sees the partnership with Airtel Africa as a very positive development in bridging the digital divide in Africa.

“We recognize the massive impact that access to reliable communications can have on the lives of ordinary people,” said Samer Halawi, Chief Executive Officer of Thuraya. ” Thuraya’s robust satellite network will enable Airtel Africa to provide its consumer and enterprise users with reliable, high quality voice and broadband services. Thuraya is well-positioned to support customer-centric mobile operators like Airtel Africa that are looking to extend their network and services with satellite-based solutions.”

EY Entrepreneur Of The Year Announces Its Winners

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Dr Riria- Winner

 

The Africa Chapter of the EY Entrepreneur of the Year (2013) Awardshas announced their winners. Dr. Jennifer Riria, CEO of Kenya Women Finance Holding ltd clenched the prize of the master category; (EOYA) Jyoti Murkhejee, CEO Software Technologies Ltd was named the winner in the Emerging category and Professor Olive Mugenda, Vice Chancellor of Kenyatta University awarded the Lifetime Achievement Award.

The EOYA is the world’s most prestigious award for entrepreneurs that celebrate entrepreneurs who demonstrate excellence in their respective fields of work. The unique award encourages entrepreneurial spirit among those with potential and recognizes entrepreneurs who demonstrate excellence in areas of entrepreneurial spirit, financial performance, strategic direction, community or global impact, innovation and personal integrity.

Gitahi Gachahi, CEO EY Eastern Africa says, “The backbone of our vibrant and growing economy is Entrepreneurship. Through entrepreneurship citizens show unique and innovative ways of responding to their Nation’s needs eventually raising the living standards of its people. EY is fully committed to supporting entrepreneurship, being the only way for a Nation to harness its people’s creativity and achieve sustainable economic growth. We celebrate our winners today and all our finalists who truly inspire others with their vision and leadership achievements.”

Dr Jennifer Riria will represent Eastern Africa alongside other regional master category winners from  140 cities in over 50 countries around the world in Monte Carlo, in June this year .

These regional finalists will be inducted into the World Entrepreneur Hall of Fame and compete for the EY World Entrepreneur of the Year Award, 2014, which is one of the most coveted global business awards.  West and South Africa will also be represented in Monte Carlo.

Jumia Launches Next Day Delivery in Nigeria

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Jumia Nextday deliveryAIH’s online shopping store, Jumia Nigeria, has introduced 24 hour delivery in the city in  a move to make shopping super, making it the first such store to launch fastest delivery service for online purchase.

Open to Jumia customers within Lagos, the Jumia Next day delivery service follows the launch of a new fashion store for Nigerian designers on the site and aims to allow customers to order fashion items from its  +20,000 Fashion items in stock and get it within 24hours of delivery only, if they order before 6pm the previous day.

In a statement, Co-CEO of Jumia Nigeria, Nicolas Martin said, “Our Aim is to continue to increase our productivity and give customers the best shopping experience, With Jumia offering 24hours delivery customers can look forward to a better shopping experience and getting their products faster from Jumia. These delivery options will soon extend across Nigeria but for now we are starting off in Lagos.”

Jumia customers, with effect from Monday 31st March, can get the fastest delivery in Lagos on Fashion items, if they order here before 6pm the previous day. Also offering customers free cost coverage on Fashion orders not delivered within the first 24hours in Lagos.

Emerging Markets Are Here To Stay, Says Lamudi

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lamudi


Amid reports of stagnating growth in the world’s key emerging markets, global online property listings giant Lamudi, founded by the African Internet Holding, has reasserted the importance of selected emerging markets as the most promising locations for business investment especially in e-commerce.

Gross domestic product (GDP) growth expectations for the BRIC countries (Brazil, Russia, India, China) have been downgraded for this year and have sparked much analysis on whether the emerging markets remain a good option for investment. In the last month, the Financial Times has asserted that emerging markets are ‘under-performing’ and Time magazine has published opinion pieces suggesting new locations for the focus of investment.

However, Lamudi has reasserted the importance of selected emerging markets as the most promising locations in the world for business investment.

Managing Director of Lamudi West and Central Africa, Allie Morse commented: “Most of the analysis that downplays the significance of emerging markets makes the mistake of lumping all of the emerging markets into one group. Africa’s economic outlook for the next following years looks promising; according to Africa Economic Outlook its position confirms its strong resilience towards internal and external shocks to the market and its well-played role as a growth extremity. The set to be booming economy has been projected to accelerate its growth by 5.3% in 2014.

Although the BRIC markets may be forecasting lower GDP growth this year than expected; this is clearly not the case for other emerging markets such as Africa which grew by 4.8 percent last year.”

This week, French bank Société Générale recommended investors to rebuild exposure to emerging market securities. This was followed by the release of research from the London Business School which asserted that scaremongering on the state of emerging markets had been exaggerated.

Allie continued: “Whilst no market is without risks and challenges, we firmly believe that investment inan emerging market such as Nigeria is here to stay. As a company, Lamudi will continue to remain as one of most promising locations for investment.”

Launched in 2013 and currently operating across 21 countries, Lamudi is a major online property listings platform that enables customers to easily find or sell their house, apartment, commercial property or land online.

Playspread.com Wants to Provide Real Time Analytics for the Nigerian Music Industry

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10152644_643459785709336_1918265277_nFounded July last year by Segun Jerome an and a friend, Playspread has gone live in private beta in March 2014 to provide real time analytics to the Nigerian music industry which is growing to be a multimillion naira business and one of the biggest music businesses in Africa and the world, but lacking proper data analytics on revenues among others.

Playspread.com real time analytics aim to help music artists, producers, record companies, government monitoring bodies, award organizers, music blogs, rating agencies,brands and the general public understand and make decisions with data music in Nigeria. The startup has developed technology and processes that will track billions of media signals, summarizing every listen on the radio, every play on YouTube, every mention and follow on social media, every purchase on iTunes, every concert and mention on radio and TV.

According to a recent report done by billboard.com analyzing global music data from the International Federation of Phonographic Industries (IFPI), the data reported on music in Africa was very conservative and this is because data on African markets is sparse.

Segun Jerome, Chief Product Development Officer says; “Our mission is simple, we want to provide access to real data for the Nigerian music industry. We want to give stakeholders in the music industry the ability to use real data to actually transform the industry. We believe data can actually change the music industry in Nigeria and Africa”

For previews and testing check the site at http://playspread.com  of find them on Facebook: http://facebook.com/Playspread and Twitter: http://Twitter.com/Playspread.

 

MTN Business Kenya Invests In Technologies That Ease Business Global Communications

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mtn

MTN Business Kenya has deployed a new system which they call ‘the MTN Global Multiprotocol Label Switching, Virtual Private Network. This system will enable enterprise customers with global operations to easily communicate with their branches and employees worldwide.

This news comes barley six months after MTN Groups signed asn agreement with leading international telecommunications provider PCCW Global.

The MTN VPN service offers a layer-3 (MPLS, Internet Protocol and VPN) with the ability to priorities customer traffic on an application by application basis. Customers are thus able to rank their connectivity needs.

TOM Omariba, MTN Business Kenya MD, said that the new technology will enable MTN Business to extend coverage of its global Virtue Private Network (VPN) in Africa to countries where it currently does not have a presence in Europe, Asia and North America.

“This switch has also opened a new era for us as a true Africa brand, Global Operator, for our customers on the continent as well as the rest of the world. The increasingly Multinational Companies requirements are demanding for managed end to end solutions underwritten with superior delivery on service level agreements when they come to Africa. Our global (MPLS) VPN service is customer centric with the necessary agility &flexibility to change as requirements do.”, said Omariba.

MTN announced its global VPN service last year and Kenya joins 16 other countries already activated in the continent and are looking forward to deploying this system in Angola, sierra Leone, Burkina Faso, Gabon, DRC, Egypt, Lesotho, Malawi, Mauritius, Mozambique and Zimbabwe.

The MD also said: while we continue to invest in this network, we have already invested $30million on the network and associated services. We shall anticipate that the service will become important conduit to enhance the role of the enterprises in the growth of key on the continent and shall make our enterprise customers’ lives a whole lot brighter”.

Safaricom, Airtel Acquire Conditional Grant To Buy Yu Mobile.

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Kenya’s leading telecommunication companies Safaricom and Airtel respectively have been granted conditional approval to acquire the assets of Essar Telecom Kenya operating under the brand yuMobile.

This comes after a delay by the regulator to respond to the telecoms application having Safaricom hint on withdrawal from the deal. The commission however denied the accusation by Safaricom saying the response was in good time and in the right time frame.

The two contenders will be required to pay 5.4 million fee for Yu’s license. This will be followed by a six months transition period provided by Communications Commission of Kenya that will allow transfer of the services from Essar Telecom Limited to the two applicants.

The deal also comes with a condition cover such as infrastructure sharing and cooperation between the companies on customer money transfer services and SIM registrations. The buyers should ensure that all Yu subscribers retain their numbers and related contracts in the transition period and Airtel submits the proposed service level agreement for subscribers acquired from Essar Telecom. This will have the companies acquire final approval on the ownership.

Safaricom on the other hand wants to acquire Yu’s infrastructure such as base stations to help improve quality of its network.

“The Commission would want to uphold the principle of infrastructure sharing and in this regard, Safaricom has been requested to provide its proposed framework for sharing its overall passive and active infrastructure with other licensed operators and service providers,” CCK Director General Francis Wangusi said.

 

Apple And Samsung To Renew Patent Battles Putting Google In Crossfire

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Apple and multinational corporation Samsung have officially renewed their tech patent face off and will today arraign themselves in court for the hearing at federal court in the heart of silicon.

The two technology firms are battling for supremacy in a multi-billion dollar market in a law suit where Apple is seeking about $2billion in damages from Samsung for selling phones and tablets that Apple says violate five of its mobile software patents. However, Samsung on the other hand claims Apple violated two of its patents.

The perpetual war has got Google caught up in the middle considering one of the features in Samsung devices that Apple objects is Android operating system, by far the most popular mobile operating system worldwide; this puts the system at a compromising situation in the case Apple won Google would have to make changes to critical Android features forcing Samsung and other Android phone makers might have to modify phone softwares.

This comes after Samsung lost the case in 2012 and was ordered to pay $930 million in damages. “Instead of pursuing independent product development, Samsung slavishly copied Apple’s innovative technology,” Apple said in its complaint.

“Both in the United States and globally, Apple and Samsung have established themselves as fierce competitors in the smartphone market and fierce adversaries in the courtroom,” said judge Lucy Koh ahead of trial.

 

CEO Weekends: US Online Payments Firm Stripe’ Testing Bitcoin Support

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stripeUS web and mobile payments startup Stripe is testing bitcoin support for its merchants and at the moment is testing the service with its client, Tarsnap, an online data backup service.

Stripe’s bitcoin service will let merchants accept bitcoin as a form of payment and the merchants can also purchase for their suppliers using bitcoin too, as long as they are on Stripe but the firm will pay them dollars plus a small payment fee.
Stripe wouldn’t be the first bitcoin merchant processor, US’s Coinbase and BitPay, are already doing so, though the services might not be as public as they need to be.

In a blog post, Colin Percival said, “Today I’m happy to announce that Tarsnap is satisfying another frequent request, again with help from Stripe: Tarsnap is the first user of Stripe’s support for Bitcoin payments.”

Utah Software Engineer Mints Physical BitcoinsPerival said there is a significant commonality between Tarsnap and Bitcoin as both rely crucially on strong cryptography, and added that it many Bitcoin users rely on Tarsnap to back up their “wallets” so the move isn’t surprising as many Tarsnap users would like to pay with bitcoins.

Tarsnap users can now pay in Bitcoin and those who want to receive payments in Bitcoin will soon have the services. With its low transaction costs and irreversibility, Bitcoin is the cash of the internet therefore Stripe’s move will help merchants get paid in bitcoins easily.  Tarsnap is the first company to accept Bitcoin via Stripe, but the service will be rolled out to millions of other users in the coming weeks. Interested firms can also sign up to participate in Stripe bitcoin beta test on their website.

CEO Weekends: Bharti Airtel Launches Pocket TV.

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pocket tvAirtel has launched a mobile app that enables viewers to watch their favorite TV programmes while on the move.

The ‘pocket TV’ has over 150 Live TV channels and more than 10,000 hours of video content and over 13 channels on anytime TV now offering subscribers a never-before library of video content which is available at an affordable price.

“The app is a convergence of the TV and mobile phone and its launch follows the success of Airtel Digital TV’s innovative offering of Twitter on TV, which was the first global convergence of Twitter and TV,” said Airtel’s  statement.

The Airtel Digital TV app is available for download on the Android play stores and is available on all smartphones and tablets with Android version 2.1 onwards. The app will also be available on the iOS platform soon followed by other platforms.

 

 

CEO Weekends: Nigeria’s iSec Secures $10 Million From Synergy Capital

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Nigerian financial security app, i.Sec, has closed a US$10-million funding round with local private equity firm Synergy Capital, according to the company website.

“…Synergy Capital, a Lagos, Nigeria financial advisory firm, and i.Sec are pleased to announce that they have entered into an Investment Agreement of up to US$10 million.”

The startup has been operating in stealth mode for a while now, but is ready for its public launch in May. The actual terms of the deal is quite hush-hush and we have reached out to both parties for comment.

The company refers to itself as a “business and socioeconomic solutions Development Company”. The idea is to use technology to bridge the “gap that exists in business processes and socioeconomic structures”. The startup argues that often international technologies cannot be leveraged in local African business environments as those technologies aren’t unique to the African market and “sometimes they are not flexible to adapt”. Its solution is “to create systems that meet such needs with local knowledge and support to modify as appropriate”.

Its vision is to be the number one mobile consumer software provider in Africa by year 2020.

The product is access authentication middleware that uses out-of-band methods to authorise a user. According to the startup its solution protects customers from unwanted and malicious debits on their accounts and also enables the customer with the ability to either, approve transactions, decline them or report fraud real-time.

Synergy Capital is a generalist fund focused on expansion and growth capital in Nigeria and Ghana with a US$75-million fund. Since launching in 2007 the company has raised more US$550-million “for 15 world class management teams who have created over $1billion in shareholder value”.

It is also looking to expand to other viable African markets.

Synergy is a great partner to help i.Sec grow.

The way we understand this deal, by signing an “Investment Agreement” that dictates the terms of the deal, which is the legal document that comes after a Due Diligence, this is practically done and dusted.

According to our VC sources there will still be a “Conditions Precedent” in the agreement to be fulfilled before it starts raining money.

Update:

Since publishing this story i.Sec has edited the copy on its site to read as follows:

“Techlaunchpad gave us the opportunity to raise the private equity funding we required from Synergy Capital.”

The startups notes that it is part of the Techlaunchpad a government and private sector incubation programme.

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This article by Michelle Atagana first appeared on Ventureburn, a TechMoran publishing partner.

CEO Weekends: South Africa’s Shopstar Wants to Make Ecommerce Simple

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It’s no secret that South Africa’s ecommerce is on the verge of booming. With the industry said to be growing by 30% a year and the market estimated to be worth R4.4-billion in 2013, we can expect a lot of competition in this arena.

The almost year-old Shopstar is one of those competitors — an ecommerce platform with a local twist that’s designed to allow anyone to create and manage their own online shop with minimal effort. Developed in Cape Town, it’s a homegrown solution for South Africa’s unique ecommerce requirements.

After spending some time in Europe (the best ideas are often cooked up abroad), Shopstar Founder Jens Herf said he realised that there was a massive gap in South Africa in need of filling. Referring to online shops abroad, Herf said that “ecommerce has allowed them to streamline their operations and make more sales, which in turn allows them to employ more people”.

Though there are hefty competitors abroad, as well as locally — such as This Army, eShop, WooCommerce, Bigcommerce and Shopify – Shopstar hopes that by focusing on all layers of ecommerce operations (not just web-hosting) it will stand out from the rest.

“Shopstar is local — this means it is developed by people who not only understand technology but also the South African market place. Our clients can contact us and they know they are dealing with a South African company,” explains Herf. “We also believe in collaboration and work closely with our clients to develop new features.”

The company has formed a relationship with significant logistics groups such as DPD Laser in order to find ways of simplifying the delivery processes. It also holds events for its clients every four to six weeks, where industry specialists are present. These presentations range from logistics, marketing, social media, legal matters, photography, and so forth.

Matblac

Matblac is one of the many online shops hosted by Shopstar.
In reference to the Cape Town World Capital Design initiative, the company is also working with Cape Craft and Design Institute (CCDI), and is launching a Thundafund crowdfunding project, in order to create ecommerce workshops to educate people on how to create successful online solutions.

Founded in June 2013 and funded by web development company, JGH Internet PTY LTD, Herf says that Shopstar is working on raising capital, but has not finalised amounts or agreements yet. For the time being, Shopstar is funded through other development work.

In terms of growth, Shopstar relies on monthly registration fees from its clients, which include packages ranging between as little as R200 (US$20) to R1000 (US$100) per month. The prices range according to the amount of stock that’s needed to be stored.

Some of the features clients will receive include a unique PoS, which means that staff can ring up sales in store or at other markets, and the ability for owners to customise their shops and add their own domain to match their brand requirements. Furthermore, shop owners can also create vouchers and set their own specials.

Shopstar2

The platform is currently responsible for hosting online shops such as Haas, Cinderwood, Matblac, Super by Retro Future and Dear Rae. Most of these sites reflect the local industry’s niche designer market.

Dear Rae, for instance, focuses on bringing locally hand-crafted jewellery to the rest of the world. According to founder Karin Rae Matthee, “Since the launch of our online shop the sales at Dear Rae Jewellery have doubled. We have had orders from South Africa, USA, Hungary, Switzerland, Russia and Belgium.”

Dear-Rae

Dear Rae focuses on bringing uniquely hand-crafted jewelry online.
“Not only has this online shop increased our online sales, but has also improved our shop and market sales greatly. Within four weeks we passed our 100th online sale and are looking forward to many many more,” she explains. Herf adds that the venture had to employ three more people since the online shop launched a few years ago.

“We have between three and eight new potential shops registering a day. This is great, but our business model requires a critical mass to become self sufficient.” By the end of 2013 Shopstar had more than 300 registered shops, with an overall turnover exceeding US$70,000.

Much of South Africa’s ecommerce success could be attributed to the enablers of the industry — the companies actually putting shops online. Similar to Shopstar, WooCommerce is one such example. Launched in 2012, the South African based startup managed more than 1 million downloads within the first two years, with an average revenue growth of 38% per month.

South African ecommerce is unique in that it promotes products of extremely high quality that are generally far less expensive abroad. Add to that the emerging local middle class as well as rising internet penetration, and you have yourself a party. ”I believe that ecommerce can put South African and African products on the international map and create much needed jobs,” adds Herf.

If we consider these figures and trends, chances are we’ll be hearing of Shopstar again in the near future.

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This post by Jacques Coetzee was first published by VentureBurn, a TechMoran publishing partner.

CEO Weekends: African Dawn Capital Acquires KnifeCap in a R10-million Deal

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knifecapBy

According to a SENS announcement, because we track those now, Knife Capital has officially been acquired by African Dawn Capital Limited, a listed entity.

“Shareholders are hereby advised that all the conditions precedent have been fulfilled and accordingly, the Knife Capital Acquisition will be implemented in accordance with the terms of the Agreement,” said the announcement today.

We reported on the possible acquisition last year when the first SENS announcement was made but it looks like things are moving along swiftly.

At its core, Africa Dawn Capital Limited provides various financial products and services to individuals and businesses in South Africa. The company offers bridging finance, personal short-term unsecured finance, micro finance, debtor discounting, structured property finance and other financial services, including commercial debt collection, debt advisory, debt management, run-offs and asset disposals, outsourcing, debt acquisition, and loan assistance.

We are not sure what the terms of the agreement are but here is what we know:

One-hundred percent of Knife will be the property of AfDawn, although we have it on good authority that the name of the company will remain the same. We also know that Knife was acquired for R10-million in a pure share deal. Currently AfDawn shares are at 8cents and the company is valued at R80-million, which gives Knife a 12% stake in the company.

We also know that the three co-founders of Knife will be part of the current board of AfDawn with their current shares.

It’s no secret that AfDawn has been wanting to get into the tech investment space and this helps get that going, as Knife has been investing in the tech space forever.

Here is what we don’t know:

How Knife’s current investments will play out: is it about to exit a bunch of businesses to start afresh or will the current companies come along for the ride?

How does this affect the HBD fund it currently manages?

The details of what this will mean for Knife initiatives — such as its recently launched Grindstone accelerator and its growth course with the University of Cape Town — are also still unclear.

It’s good news all round though.

Knife, previously PoweredbyVC, has been playing in the tech investment space for a while, managing tech billionaire Mark Shuttleworth’s South Africa VC investments — through HBD.

This is pretty cool for Knife because it has now circumvented that hassles of IPO and the troubles of getting listed. This does make fundraising to invest a tad easier but the Knife trio does have the hard task of helping get the AfDawn share price up.

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VENTUREBURN_HIRES_logo (2)This article by Michelle Atagana was first published on Ventureburn here. Ventureburn is a TechMoran publishing partner.

CEO Weekends: Vodafone Launches M-Pesa Facility in Tamil Nadu.

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mpesaVodafone in partnership with private sector ICICI Bank has launched an M-Pesa facility in Tamil Nadu India that will allow mobile customers in the region to deposit, withdraw and transfer money to any mobile phone.

The popular mobile money transfer and payment service M-Pesa was launched by Vodafone India’s operations Director (south, Suresh Kumar, Business Head, Tamil Nadu and Chennai, Apoorva Mehrotra. “We are delighted to bring to Tamil Nadu and Chennai, the M-Pesa mobile banking service. It is safe, secure and convenient service to transfer money and make payments beyond the reach of traditional banking channels,” said Mehrotra.

The service will be available across 5,103 authorized agents, including 840 Vodafone exclusive stores, in Tamil and Chennai. The service will cater for the few citizens in the village without the access of banking platforms.

Among the telecom circles with the mobile service are New Delhi, Mumbai, Kolkata, West Bengai Punjab, Uttar Pradesh East and Western regions, Bihar.

CEO Weekends: Ethiopia’s Hello Doctor Raises Funding from The Africa Group

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MedizinTelemed Medical Services (Telemed), an Ethiopian engineering consultancy specializing in health system design and implementation within the Ethiopian healthcare sector has today raised funding from The Africa Group (TAG), a US-based boutique advisor and venture capital investor.
TAG will own a 25% stake in Telemed, which was founded in 2012 to reinforce limited health resources in Ethiopia, a country where the doctor-to-patient ratio is ~1:30,000 and 80% of the population lives over 5 kilometers from the nearest health center.
In a statement, Dr. Yohans Wodaje, Founder of Telemed said, “Telemed provides a critical service to the Ethiopian public and it is important to make all necessary investments to ensure the scale-up of this transformative endeavor. Venture capital is a crucial source of financing for start-up business like ours, having the potential of catapulting them to reach greater markets; our partnership with TAG is the perfect match, enabling us access to the appropriate amount of capital with the right kind of technical support.”
Telemed’s Hello Doctor,  is the first and only facility in Ethiopia where patients can call a short code number to access professional health services that include phone consultations, ambulance dispatch and homecare service. With exclusive deals with BelCash Technology Solutions PLC and Ethiotelecom, Hello Doctor to be available to the masses.

The growth equity provided by TAG and a grant from a USAID and DFID-backed development fund will be used to increase service capacity across Ethiopia, build a remote patient monitoring system, and facilitate a major marketing campaign. In addition, TAG will provide technical assistance to buttress key areas including governance and compliance.

 

According to Elias Schulze, Managing Partner of The Africa Group, “The Africa Group is excited and honored to partner with Dr. Yohans on this brilliant model of private-sector led healthcare delivery. We view this engagement as just the beginning of our journey together and look forward to transforming and deepening our ability to touch greater swaths of the public both in Ethiopia and beyond. The team, led by Special Operations Associate, Tim Burkly, worked tirelessly with Dr. Yohans’ team to complete this unique transaction and we are positioned well to scale together.”

CEO Weekends: Interview With Marek Zmyslowski Founder & MD Jovago.com

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Marek
Marek

Jovago.com, an online hotel booking site launched last year and part of the Africa Internet Holding backed by Rocket Internet, MTN and Millicom wants to help previously unknown hotels to be discovered, booked and reviewed by the world, and help the hotel and property owners to access ever more customers.

Jovago operates in Nigeria, Kenya, Pakistan and Senegal and has listed over 2000 hotels in Africa. Jovago also works with other firms so as site visitors can book over 200,000 other hotels using what the company says a fast, reliable and easy to use platform.

TechMoran caught up with Marek, the founder and Managing Director Jovago.com and had a few questions for him. Marek says he is a born leader with analytical mind, an Internet geek, a fashion enthusiast and a sports addict.

 

Everyone says Jovago is being accelerated to be sold (allegedly Rocket Internet’s less than two years exit strategy) is this true?

I can clearly say “No”. Jovago is a venture of the Africa Internet Holding (AIH), which is supported by three partners: MTN, Millicom and Rocket Internet. Together we introduce and accelerate the online shift in Africa and shape the online culture by building long-term success stories. We are passionate about what we do. Therefore, we launched Jovago to build the biggest online booking portal in Africa. Our strong, long-lasting partnerships are the key in our business.
Do you (Jovago) have a team in Kenya and Senegal or you will be running operations from Nigeria?

We have fully operational teams with local offices in Kenya as well as in Senegal to ensure to provide our customers with the best service possible. Overall Jovago is currently running operations from Kenya, Nigeria and Senegal.

 

Credit card penetration in Africa is so low, what is Jovago doing to address this problem? Any plans to use mobile money in Kenya?

We communicate the benefits of using online payments, we’re choosing only most reliable and safe payments providers. We are watching closely mobile payment options, and we are also planning to implement a totally new payment option, as first online booking platform in the world.

jovagoOnline hotel booking also involves fraud, what is Jovago doing to reduce/end fraud online?

Hotels are completely protected from the risk of fraud. In case of prepayment options by the customers, Jovago covers the payments.

Jovago takes a commission per every transaction, what if hotel owners decide to use their own booking systems than yours? What advantage do they get for using Jovago?

In general it is positive for every hotel to have as many customer sources as possible. Those sources obviously include their own booking engine on the hotel website, which can be used by customers who already know this hotel. Additionally, the hotels can target unknown customer groups by using Jovago. We give them the possibility to get bookings from new customers, they were not able to reach on their own.
How unique are you from your competitors?

We focus 100% on delivering the biggest, verified inventory in Africa with the best service possible. No one works as closely with the hotel management as Jovago, which places us way ahead of our competition in terms of providing the best customer satisfaction.

When is Jovago introducing its bus and flight ticket booking and car rentals platform?

We are considering options of expanding into new countries, as well as offering additional services to existing markets. As for now tourism in Africa has a huge potential, which we will use to further grow in this sector.