Author: Staff Writer

Kenya’s mobile telecom operator, Safaricom, has announced the second edition of the Spark Venture Fund established to invest and support late-seed, early-growth stage companies in Kenya. Safaricom has increased the fund from $1 million to $6 million in this second edition. The fund launched in 2014, was set up to…

The CCNA is an associate-level certification offered by the tech giant Cisco, which enables young specialists to expand their careers into the field of networking. While this certification is beneficial for all IT specialists, it is almost a must for Network Administrators. With most enterprises moving their data to the…

Chinese tech giant ZTE has announced the world’s first commercially-ready smartphone with an under-display selfie camera – the ZTE Axon 20 5G. This under-display feature means that the selfie camera is not as usual on the top of the phone. It is positioned under the display without a notch or…

9mobile, one of the mobile telecoms companies in Nigeria, has appointed Stjepan Udovicic as the Chief Commercial Officer of the company. Stjepan joins the company from Axiata Group Berhad and its operating company in Cambodia (Smart) Stjepan possesses vast international experience working in the telecoms, technology and service sectors in…

Rack Centre, the leading carrier neutral data centre operator in West Africa, has announced an expansion programme that will increase capacity to a total net lettable white space of 6000 square metres and allow for 13MW of IT power capacity in its Lagos campus. This will be in addition to…

CredoLab, a leading developer of bank-grade digital credit scorecards based on smartphone metadata, has raised $7 milllion in its Series-A round funding led by GBG, the global specialist in identity data intelligence. Other participants in the funding round include Walden International, an existing investor, and Access VC, among other new investors.…

Dr Ola Brown, managing partner and co-founder of Flying Doctors Healthcare Investment Company announced that the company intends to set up a $1 billion fund to invest in health care and wellness across Africa. She made this known in an interview recently; “We are raising in three tranches within four years. The…

Priscilla Muhiu has been appointed the new General Manager of Spanish on-demand courier service, Glovo in Kenya. She takes over from William Benthall who has been appointed Glovo’s GM for Sub-Saharan Africa. Prior to this appointment, Priscilla was the Africa Marketing Head for Glovo. She led the team that launched…

African music service, Mdundo.com, announced that its offer of DKK 40.0 million new shares was oversubscribed by 111%, a total of DKK 84.3 million ($13.6 million) Founded in November 2012, Mdundo.com is an African music service with 5 million monthly active users and 20 million monthly downloads. It was founded…

The 3 Payment Service Banks are Hope PSB, Moneymaster PSB and 9 PSB.

Applications are invited from motivated and self-driven female entrepreneurs for the AWE South Africa 2020 program

Nigeria’s Akinwumi Adesina, has been re-elected as the President of the African Development Bank (AfDB) Group for another five years. This re-election took place virtually during the bank’s 2020 Annual Meeting which took place on the 27th of August, 2020. The former Nigerian Agriculture minister who became president of the…

In a recently released set of guidelines, the Central Bank of Nigeria (CBN) has stated that Payment Service Banks (PSBs) cannot accept foreign currency deposits or accept any closed scheme electronic value (e.g. airtime) as a form of deposit or payment. The aforementioned and other reviewed guidelines are contained in…

US retail giant Walmart says it is teaming up with tech giant Microsoft to bid for the US operations of TikTok, the Chinese-owned video sharing app that President Donald Trump has sworn to shut down unless it is sold to a US company. One wonders why Walmart, a retail giant,…

After a successful pilot run with select Fintechs in early 2020, the Pan-African Banking Sandbox of Ecobank Group is now live and acessible, on request, to the African Fintech community. The Sandbox allows Fintechs to access Ecobank’s Application Programming Interface (APIs) for the development of innovative solutions. The Sandbox is…

Today sees the launch of a new mini documentary and case study series about very young African entrepreneurs designed to enable high school and university educators to engage students meaningfully about entrepreneurship as a career path. #ItStartsWithYou sheds light on eight very young Africans whose passions, commitments and grit showcase…

US based fintech firm Esusu has raised $2.3 million in seed extension bringing total capital raised to $4 million. The startup closed $1.6 million seed funding in 2019 for expansion and product development. Investors included Acumen Fund, Concrete Rose Capital, Global Good Fund, Impact America Fund, Next Play Ventures, and Zeal Capital Partners According to the…

The Lagos State government through the Office of the Special Adviser to the Governor on Education (OSAE); in partnership with LoftyInc Allied Partners Limited, Advent Management Solutions Limited announced the launch of the first phase of its Digital Skills Initiative Lagos program, aimed to strategically train and equip young Lagos…

Microsoft has launched a new feature that allows you transcribe conversations to word. With this Transcribe in word feature, you can record your discussions directly in Word’s web version and transcribe them automatically. Transcribe has the ability to detect different speakers and transcribe them separately.  To get started, go to the dictate button…

South African owned cable operator, MultiChoice, announced that it is increasing its DStv packages subscription prices effective 1st of Spetember 2020. This price adjustment will be the second time in three months. The first was in June 2020. In May, the company announced and effected the increase of the subscription…