No matter the size of the business, customer loyalty is incredibly important. Repeat customers spend up to 67 per cent more than new customers. Plus, it’s to more expensive to try to attract new customers than it is to keep the ones already doing business with you. If you’re looking for real…
Author: AdeO
The French Agency for Development is inviting application for its AFD Digital Challenge. The challenge is in line with the United Nations Sustainable Development Goal 11 (SDG). “ The creation of sustainable cities and communities” is a major challenge in view of the massive urbanization affecting the African continent. In…
Within Africa’s tech scene, there’s a continuous thread of competition which flows between East and West Africa. In fintech, a number of players including Branch, Carbon and Kuda are building tech solutions to serve Africa’s unbanked population. For the ride-hailing sector, SafeBoda, OPay and MAX.NG are all trying to help commuters beat traffic jams albeit on different sides of the…
Uber Technologies, Inc. has announced an agreement to acquire majority ownership of Cornershop, a leading online grocery provider in Chile, Mexico, and more recently in Peru and Toronto. The investment is expected to close in early 2020, subject to regulatory approval. “Whether it’s getting a ride, ordering food from your…
Pinterest is the latest tech company to introduce a “Lite” version of its mobile application to meet the needs of users in Africa and other emerging markets. With Pinterest Lite, launched recently, users will benefit from a faster download and an app that takes up less storage space on their mobile device,…
The United Nations International Children Emergency Fund (UNICEF) will now be able to receive, hold and disburse donations of cryptocurrencies ether and bitcoin, through its newly-established UNICEF Cryptocurrency Fund. In a first for United Nations organizations, UNICEF will use cryptocurrencies to fund open source technology benefiting children and young people around…
Airtel Africa has announced a partnership with Mastercard, giving over 100 million Airtel Africa mobile phone users across 14 African countries access to Mastercard’s global network. The Mastercard virtual (non-plastic) card allows Airtel Money customers, even those without a bank account, to make payments to local and global online merchants…
Chiniki Guard, a Nigerian Information Communication Technology (ICT) startup application has won the best prize of 10,000 USD in the Artificial Intelligence category competition at the ongoing Gulf Information Technology Exhibition (GITEX) in Dubai. Chiniki Guard is an Artificial Intelligence security solution for retail stores, supermarkets to monitor, detect and…
Instagram has added a new feature to its app to help users work out if an email was sent by the Facebook company or if it’s an attempted phishing scam. Now, if you receive an email claiming to be from the social media network, you can check if it’s genuine…
SweepSouth, a South Africa-based on-demand domestic cleaning service has announced that it raised more $3.3 million in its latest funding round. Investors in the round include the Michael & Susan Dell Foundation which invested $1-million in SweepSouth. The startup said in a statement that existing investors Naspers Foundry, Smollan, Vumela, CRE VC (previously Africa Angels Network) and…
Two African startups have been selected for the Fintech Innovation Challenge at Making Finance Work for Women (MFWW) Summit 2019 on October 22-23 in Singapore. The African startups that will present their solutions designed to support unbanked and underserved women’s economic security and prosperity at Making Finance Work for Women Summit are Bloom…
Five startups have made it to a shortlist of those who will have the opportunity to take-off in AfricaCom’s AHUB Pitch & Win 2019, in partnership with GSMA. The winner will be the one that receives the most public votes. Entrants submitted video pitches on their business in order to…
There’s so much focus on the massive cybersecurity and data breach or the malware that holds your computer to ransom. However, it’s also important to keep your guard up against some of the lesser-known attacks out there too. These threats may not have the same high-level profile as an unfixable iOS bug, but…
The Nigerian Communications Commission (NCC) has said that registration of new Subscriber Identity Module (SIM) cards will now require the presentation of the National Identity Number (NIN). NCC, which said the enforcement of the new rule takes effect soon, noted that the move became necessary following the rising criminality in…
The Nigerian Stock Exchange (NSE) has announced the commencement of the inaugural edition of X-Kathon, its hackathon and idea innovation contest designed to improve the Nigerian capital market. This edition themed, “Millennials Participation in The Capital Market”, is aimed at enhancing retail investors’ participation in the capital market. X-kathon is…
Jack Dorsey, the Chief Executive Officer of Twitter is touring Africa and the countries he will touch down include Nigeria, Ethiopia, Ghana, and South Africa. Dorsey made this announcement on Twitter stating that he would be visiting these African countries in November. He tweeted this on his page while stating…
Enrique Lores, Hewlett Packard Inc.’s new CEO has unveiled the company’s latest plan to streamline its operations – one of which is cutting its workforce by as much as 16% over the next three years. The personal computer and printer maker says it expects to drop 7,000 to 9,000 people from its…
Facebook has announced its partnership with Teleperformance, as it opened its first Small Business Group (SBG) Operations Centre in Lagos, Nigeria, which provides outsourced support to all English-speaking advertisers across Sub-Saharan Africa. In a statement made available in Lagos on Thursday, it said the centre will support advertisers across the…
Nigeria’s Co-Creation Hub (CcHub) is looking to raise US$60 million for its Growth Capital investment arm to back startups across Africa in the wake of its expansion into Kenya with the acquisition of iHub. CcHub’s Growth Capital is a social innovation fund that supports high potential, early-stage businesses building next-generation infrastructure. Some…
What’s the world’s most widely used cryptocurrency? If you think it’s Bitcoin, which accounts for about 70% of all the digital-asset world’s market value, you’re probably wrong. While concrete figures on trading volumes are hard to come by in this often murky corner of finance, data from CoinMarketCap.com show that…