17 August 2022
- Popular ride-hailing company Bolt has switched to corporate clients only in Tanzania. This, the firm says is due to the regulatory environment that is causing undue pressure on the sustainability of its operations in the country. In March this year,…
17 August 2022
- Days after announcing intentions to merge with Telkom, South African mobile-data-only network Rain has withdrawn the announcement.
Rain's not done though, the company still intends to send an offer to Telkom in the future.
More in #TCDaily.
17 August 2022
- Interswitch, a Nigerian integrated digital payments and commerce platform has announced that it has integrated all its API products in one platform with…
The post Nigeria’s Fintech Company Interswitch Integrates All Its APIs In One Platform appeared…
16 August 2022
- Liquid Intelligent Technologies (Liquid), based in Africa, made the official announcement today that it has completed the delisting of Israeli technology company Telrad and acquired 100% of its shares. In the future, Telrad will operate as a…
16 August 2022
- Because of a lack of digitalization and sub-optimal business practices, eighty percent of Nigeria’s forty million micro, small, and medium enterprises (MSMEs) struggle to survive beyond their fifth year. Pastel is a company that three graduate…
16 August 2022
- PixelBlue, the company that owns South African agritech startup Homefarm, says it raised R1.7 million (about $104,000) in seed funding to make it possible for people, communities, and businesses to grow more fresh food where it is eaten. CapaciTech,…
16 August 2022
- As the explosive development of fintech continues, as well as the emergence of decentralized finance (DeFi), which is growing in popularity across Africa, on September 27 and 28, 2022, the West Africa edition of the Africa Money and DeFi Summit will…
16 August 2022
- South African investment firm Toto Consortium has offered to purchase the government’s 40.5% ownership in Telkom, the country’s third largest mobile network provider. The bid is for $433 million, equivalent to R7 billion. According to the offer…
16 August 2022
- Convertedin, an Egyptian startup company that runs a marketing operating system for e-commerce firms, has completed a seed round funding investment of $3 million, spearheaded by Saudi Arabia-based Merak Capital. 500 Global and MSAS are two other…
16 August 2022
- Jumia, the leading e-commerce platform in Africa, has announced establishing a quick commerce platform in Nigeria that will be known as Jumia Food Mart. This move was made to satisfy the growing demand from customers for more suitable delivery…
16 August 2022
- Egypt’s business BONBELL, the first mobile App in the Food-tech industry specializing in food ordering and digital solutions for table and meal reservations, has concluded an initial investment round for $350,000 thanks to a Canadian Angel investor…
16 August 2022
- An agreement has been signed between the e-payments and finance platform Geidea and GrubTech, a cloud kitchens provider and restaurant IT solutions in the United Arab Emirates. This will allow Geidea to offer its services to the back-of-house systems…
16 August 2022
- The Chat for Impact Accelerator is a program that gives organizations working for social change access to $500,000 in funding and further assistance to help them maximize their influence on WhatsApp and is currently accepting applications. To be…
16 August 2022
- SEACOM, a company that operates cable networks in Africa, and British Telecommunications (BT) jointly made the announcement of a strategic alliance that would equip SEACOM with BT’s cybersecurity solutions to provide new networking, security, and…
16 August 2022
- Airtel Africa is one of the largest telecommunications groups in Africa. It has offices in 14 countries. Citi, through its branch offices and subsidiaries in sub-Saharan Africa, signed a $125 million revolving credit facility with the company today.…
16 August 2022
- Kenyan crypto startup Crypsense Digital Group has been selected to join the 12-week Draper VeChain Web 3 Accelerator Program. The program gives participating startups access to mentorship and support to enable them to build better, scalable platforms…
16 August 2022
- An African Digital Logistics Company, Lori Systems, has recently secured an undisclosed amount of investment from Google, the third such investment by Google on the continent
16 August 2022
- Last-mile delivery continues to be an enigma for Nigerian shoppers and businesses. SmartParcel wants to fix this with “smart” postal boxes
16 August 2022
- Kenyan electric vehicles manufacturer startup Roam has entered into a partnership with fintech firm M-Kopa which will see its motorcycles distributed across the continent. In a statement sent to TechTrendsKE, Roam says that the partnership will…
16 August 2022
- Float, a Ghanaian fintech startup , has announced that it has fully acquired of Accounteer, a Nigerian cloud-based accounting service that combines bookkeeping,…
The post Ghanaian fintech startup Float acquires Nigeria’s Accounteer to provide…
16 August 2022
- National Geographic together with its partners has announced the title and lineup of its highly anticipated kids programme in Africa. The TV program dubbed Team Sayari is a production developed in partnership with Walt Disney Company Africa, the US…
16 August 2022
- According to MTN, the growth in fintech revenue was mainly driven by the company’s deliberate decision to cut person-to-person (P2P) pricing in markets such as Ghana and Ivory Coast, as well as the introduction of new fintech taxes and levies in some…
16 August 2022
- Barely 4 months after launching to the public, Hytch thrown in the towel on car-pooling to provide logistic services for small businesses. What happened? Why the sudden pivot?
16 August 2022
- The core aspects of the HypaSwap platform are Lending and Borrowing. HypaSwap aims to ensure hassle-free transactions and fair practice, making this coin as user-friendly and smooth running as possible. To achieve this, the coin has several measures…
16 August 2022
- Sunday Design, India-based furniture and home decor brand has raised $1.5 million in its pre-Series A funding round led by QRG Investments and Holdings, with participation from others. The fund will be used to expand its online and offline presence,…
16 August 2022
- MTN’s presence in the Middle East started in June 2007 when the company completed the acquisition of Lebanese telecoms holding company Investcom for $5.5 billion, as part of its growth strategy in emerging markets.
16 August 2022
- In the merger proposal announcement, Rain had stated that the proposed merger with Telkom, a 40% government-owned entity, was a more logical alternative to the company selling to MTN, referencing the ongoing Telkom and MTN acquisition talks.
16 August 2022
- Looking for an easy win today? Play this simple crossword Puzzle. You can play with friends too.
16 August 2022
- Liquid Intelligent Technologies, Africa’s technology infrastructure and services provider , a business of Cassava Technologies has announced the finalisation of its…
The post Liquid Intelligent Technologies Completes Acquisition of Israeli-based…
16 August 2022
- Is Paystack creating a mafia? Ex-employees of the company are building high valued companies and greatly influencing Africa's tech ecosystem.
16 August 2022
- Is Paystack creating a mafia? Ex-employees of the company are building high valued companies and greatly influencing Africa's tech ecosystem.
16 August 2022
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16 August 2022
- Jumia, Africa's e-commerce giant, now joins the list of q-commerce operators with its recent launch of Jumia Food Mart in Nigeria.
16 August 2022
- Boxme, a Vietnam-based e-commerce logistics startup has raised $6.4 million in funding from NextTech group, a local technology company and Ngan Luong, a digital payment platform. The fund will be used to expand of its fulfilment centres in Vietnam to…
16 August 2022
- Despite the excellent news above regarding funding activities in the ecosystem, African start-ups battle to thrive and survive beneath obstacles that are peculiar to the continent only.
The post 5 Burdens African Start-ups Bear appeared first on…
16 August 2022
- Chinese electronics group Xiaomi has announced today that its Xiaomi 12 Lite smartphone is now available in South Africa. The Xiaomi 12 Lite packs innovative features within a versatile flagship experience. Specifications: The 12 Lite comes in at…
16 August 2022
- Majoo, an Indonesia-based software-as-a-service (SaaS) startup that is enabling micro small and medium enterprises (MSMEs) has raised $10 million in its Series A funding round, to improve its operations. The fund will be used to expand its customer…
16 August 2022
- DataProphet, a South African-founded startup has completed a $10 million series A funding round led by Knife Capital and joined by South Africa’s IDC and Norican, the world’s largest metal surface preparation and finishing equipment provider. The…
16 August 2022
- Skrmiish, a South African tech-driven gaming startup, has acquired $2.5 million in a Series A funding round led by Launch Africa Ventures, The Blockchain Founders Fund, Stellar to expand its growth. Founded in 2018, Skrmiish is a South African-based…
16 August 2022
- Global cybersecurity specialist Exclusive Networks Africa believes the empowerment of women is a critical objective today, in both business and communities. Accordingly, the company was proud to play its part recently in support of women and children…
16 August 2022
- Lori Systems,a Kenyan logistics startup has secured a pre-Series B round from Google along with other existing investors. This undisclosed investment…
The post Kenyan logistics startup Lori Systems secures pre-Series B round from Google’s Africa…
16 August 2022
- Are you currently pursuing or have recently completed a bachelor's degree or master's degree in engineering, computer science, or a related field? Do you have one year of programming experience in an object-oriented language? Are you open to…
16 August 2022
- South Africa’s MTN Group, the largest telecom in Africa in terms of revenue and subscriber base, has finally received a binding offer to sell off its Afghanistan business for $35-million. The Group will end its Middle East operations after the sale.…
16 August 2022
- Less than one month ago, electric vehicle firm Roam, formerly known as Opibus revealed the availability of its electric motorbike named Roam Air. The motorcycle is available for purchase in Kenya for KES 180,000. Now, Roam says it has a supply…
16 August 2022
- Kenya Christian School for The Deaf, a social enterprise that introduces deaf children and their caregivers to sign-language through an alphabetical puzzle…
The post The Kenya Christian School for the Deaf wins Innovate Now Cohort 5.0 awards…
16 August 2022
- African technology infrastructure and services provider Liquid Intelligent Technologies, a business of Cassava Technologies, on Tuesday, announced the finalisation of...
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16 August 2022
- Dianxiaomi, a China-based software-as-a-service (SaaS) startup has raised $110 million in its Series D funding round co-led by SoftBank Vision Fund 2 and Sequoia China, with participation from others. The fund will be invested in expanding the…
16 August 2022
- Africa’s Liquid Intelligent Technologies (Liquid) has today announced the finalisation of its 100% acquisition and delisting of Israeli technology company Telrad. Telrad will now be part of Liquid, and its greater parent the Cassava Technologies…
16 August 2022
- Lori Systems, an African on-demand logistics and trucking company digitizing haulage and providing shippers with solutions to manage their cargo and transporters, has raised a pre-Series B round in which Google participated along with other existing…
16 August 2022
- Egyptian startup Bonbell, a mobile app specialised in food ordering and digital solutions for table and meal reservations, has closed an initial funding round worth US$350,000 to help further develop its services and grow its user base. Launched…
