16 February 2023
- MTN Group, the largest mobile operator in Africa, has announced plans to invest $1 billion in Ghana over the next five years.The move comes after the Ghana Revenue Authority exempted the company's Ghanaian unit from $773 million in tax claims…
16 February 2023
- Venwiz, a digital platform enabling services procurement in the manufacturing industry, has raised $8.3 million in an early-stage funding round dubbed Series A, led by Sorin Investments.This follows a $3 million seed funding previously raised in…
16 February 2023
- Vietnam's smartphone shipments declined by 15.6% to 13.4 million units in 2022, a volume just slightly better than the 13.2 million units in 2015 when the market was still on the rise, according to International Data Corporation (IDC).Despite the…
16 February 2023
- TechInAfrica – Orange Egypt has signed a partnership agreement with Fawry, the leading provider of e-payments and digital finance solutions in Egypt, to enhance digital payment services and expand the features of Orange Cash wallet. The…
16 February 2023
- Realme's global smartphone shipment declined 49% YoY in Q4 2022, registering a third consecutive annual decline, according to a report by Strategic Analytics. The market research group highlighted previous inventory overload, unfavourable market…
16 February 2023
- InsuranceDekho, an Indian insurtech startup, has raised $150 million in a Series A funding round, co-led by Goldman Sachs Asset Management and TVS Capital, as it seeks to capitalise on the country's lack of insurance penetration.India's insurance…
16 February 2023
- Oppo has today announced the newest addition to its popular Reno8 series, OPPO Reno8 T into the Kenyan market. The new series comprises the 5G and 4G variants both of which will be available for pre-order starting from February, 17th to 28th, 2023…
16 February 2023
- Oppo has today announced the newest addition to its popular Reno8 series, OPPO Reno 8T into the Kenyan market. The new series comprises the 5G and 4G variants both of which will be available for pre-order starting from February, 17th to 28th, 2023…
16 February 2023
- In 2021, over 80 financial institutions across the globe paid $2.7 billion in fines relating to anti-money laundering (AML) failures, at an average of $34,151,237 per firm. These companies have something in common: a flaw in their customer…
16 February 2023
- The White House said that a portion of Tesla’s extensive charging network in the United States will soon be open…
The post Tesla to open US charging network to other car brands, in response to $7.5B federal Infrastructure bill appeared first on…
16 February 2023
- EziPay, a digital wallet and intra-African cross-border remittance company, has announced its partnership with MFS Africa, the continent's leading digital payments gateway.The deal, which comes at a time when mobile money is booming on the…
16 February 2023
- This article was submitted to TechCabal by Nicolas Teisserenc. Nicolas runs Poinciana, a communications consultancy specialising in Africa Over the last decade, fintech has become perhaps the most exciting industry in Nigeria. Hundreds of companies…
16 February 2023
- African e-commerce company, Jumia has released its earnings report for Q4 2022 and the full year 2022. With revenue of $66 million for Q4, the company made a full year loss of $207 million and a Q4 loss of $49.2 million, and it projects that it…
16 February 2023
- Mart Networks, a value-added technology distributor, has launched the distribution in Kenya of select devices of Ring LLC, a home security and smart home company owned by Amazon. The launch follows a partnership agreement signed recently between…
16 February 2023
- Nigerian mobility startup Treepz (formerly Plentywaka) has launched operations in Kenya following strategic investment deals of $1.2 million over the last 12 months.The announced expansion into the east East African country comes just over a year…
16 February 2023
- China's video game industry, once a booming market, is now facing economic headwinds, as reported by China's top gaming industry association.The industry's sales have dropped for the first time since at least 2005, grossing 265.9 billion yuan ($39…
16 February 2023
- According to government data, mobile transfers in Nigeria have experienced a significant year-on-year increase of 230.6% in January 2023, driven by the Central Bank of Nigeria's (CBN)'s cashless policy.Experts have attributed the surge to the CBN's…
16 February 2023
- Alibaba Group Holding has sold off its remaining stake in Indian digital payment platform Paytm in a block deal, according to a report by Nikkie Asia.Alibaba.com Singapore E-Commerce Pvt Ltd offloaded 21.43 million shares of Paytm's operator One97…
16 February 2023
- Ford will cut 3,800 jobs in Europe over the next three years to build a “leaner” structure as it focuses on electric vehicle production. The restructuring plan will see the loss of 2,300 jobs in product development and administration in Germany, 1,…
16 February 2023
- Digital insurance provider Lami Technologies is partnering with Unchorlight Kenya (UNK), to provide boda boda riders in the country with access to suitable and reliable insurance covers. UNK is a mobility fintech company that delivers a rent-to-…
16 February 2023
- Pathways Technologies Ltd (formerly Pathways International Ltd), a data, technology and innovation company has officially launched its services for the...
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16 February 2023
- Most investors were aware that the company was struggling, but some insist that they were not carried along in the decision to sell. Despite all the back and forth, only one thing is certain: every investor will walk away with zero returns.
16 February 2023
- Researchers at Checkpoint recently created such a plausible phishing email as a test. They only used ChatGPT, a chatbot that...
Source
16 February 2023
- The supervisory board of the ecommerce company, Jumia, has now appointed Francis Dufay as the company’s CEO. Dufay was announced as the acting CEO after the exit of Jeremy Hodara and Sacha Poginonnec as Co-CEOs. The exit of both CEOs came after a…
16 February 2023
- With the rise of social media and e-commerce, there has been an increasing demand for visually appealing designs. Graphic designers need a set of tools to create stunning graphics
The post 5 apps that are essential for graphic design appeared…
16 February 2023
- There have been significant efforts to increase insurance uptake across Africa, where reports show a very low market penetration for insurance products. In recent days, we’ve seen digital companies making a good attempt to disrupt the market with…
16 February 2023
- The Connected Kenya Summit 2023 is set to take place from 2nd -5th April 2023. This year’s conference has themed “The Digital Economy: Endless opportunities shaping the future” and will be hosted by the ICT...
16 February 2023
- Monieworx, a crowdfunding platform regulated by Nigeria's SEC, has pooled ₦100m in investments for three SMEs, setting a precedent for crowdfunding startups in the country
16 February 2023
- The African Development Bank (AfDB) has opened an ICT Centre of Excellence at the United States International University (USIU) Nairobi Campus. This is the second such center by the financial institution, after a similar initiative was set up at…
16 February 2023
- MTN Foundation has announced that they have enrolled 390 young people in their MTN Ace initiative to foster self sufficiency in the national economy.
16 February 2023
- A unicorn means something quite different in investor circles and the tech startup ecosystem. The term is used to describe companies that have been valued by investors at more than one billion dollars. They are regarded as rare and valuable, much…
16 February 2023
- We all know what happened to NCBA’s neo bank Loop. But for housekeeping reasons, here is a summary: the lender revamped the platform fully. The old Loop app with its exciting blue/green colours was replaced by a new app with dull orange tones.…
16 February 2023
- Airtel Mobile Commerce Uganda Limited has held a dialogue with fintech stakeholders on how to achieve progressive regulatory environment in Uganda.
16 February 2023
- Safaricom has announced that they recently held its first-ever investor day where the top executives of the company came together.
16 February 2023
- MTN Group has announced that they are going to be investing $1 Billion in infrastructure and information systems in Ghana over the next 5 years.
16 February 2023
- Naked , the South African artificial intelligence (AI)-driven insurtech company that offers a fully digital way for consumers to insure cars, homes,…
The post South African Insurtech Naked Secures US$17m to grow its team and expand into new markets…
16 February 2023
- And women will achieve more if their ideas receive significant attention and funding from investors. However, we are all aware of the history of women-led/co-founded businesses.
The post Recent Fundraises for Female-led Start-ups appeared first on…
16 February 2023
- The three-year company provides tools and enablement that drive increased sales and satisfaction for buyers and sellers in emerging markets.
The post From Pepperest to Peppa.io: New Name, Same Quality appeared first on GetFundedAfrica Media.
16 February 2023
- The Kenyan government is leading the way in transforming the education sector through digital innovation. At The Vertical: Ed-Tech Summit...
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16 February 2023
- Datacentrix has announced that they have received four prestigious company awards at the Hewlett Packard Enterprise Partner Awards 2022.
16 February 2023
- ZainTech have announced that they have completed the acquisition of BIOS Middle East, a provider of Managed Private Cloud Service.
16 February 2023
- Liquid C2 has announced that they have been awarded the Cloudflare Partner and Certification Champions for 2022 for bringing the best-in-class solutions to customers on the African continent.
16 February 2023
- Copal has announced a partnership with Mastercard in an effort to introduce Egypt’s first family payments mobile Application.
16 February 2023
- Tigo and Ericsson have come together to launch 5G and fully expand and modernize the existing 4G network across Tanzania.
16 February 2023
- The idea to start Peppa, a social commerce startup, was born after Bankole Alao lost $7,000 in an online transaction in 2021.
16 February 2023
- South African artificial intelligence (AI)-driven insurtech company Naked, which offers a new, fully digital way for consumers to insure their cars, homes, and valuables, has raised US$17 million in Series B funding to drive its growth. Launched in…
16 February 2023
- Cross-border remittances and digital wallet company operating within Africa, EziPay has partnered with MFS Africa, a digital payments gateway to enable last-mile connectivity for remittances and collections to and from mobile money wallets and bank…
16 February 2023
- Power Financial Wellness, a Kenyan-based financial wellness startup has secured Sh376 million ($3 million) in seed funding aimed at supporting expansion plans in Kenya and Zambia. The funding round was led by DOB Equity, Bolt by QED Investors,…
16 February 2023
- Blockfinex, a UAE-based exchange, has acquired a 100% stake in Nigerian crypto startup, Fluidcoins, in a fire sale.
16 February 2023
- A report published by Bloomberg has revealed that Vodafone Group is considering ways to improve the performance of its African business, This consideration could include the possibility of extracting more value from its 65% stake in Vodacom Group,…