Airtel Africa, one of the major mobile telecoms companies in Africa, has released its Q1 results for the period ended June 2020. The company posted an on-year revenue growth of 6.9%, with constant currency growth of 13.0%. This was largely driven by an 11.8% growth in its customer base (YoY)…
Author: Staff Writer
Audiomack, a free music sharing and discovery platform, has opened shop in Nigeria. Its service is already available in all 54 countries in Africa. Audiomack has already hired three people, who will be based in Nigeria but work on initiatives across the continent. Adeyemi Adetunji will be in charge operations and…
Mobile Telecoms company Orange has joined forces with NSIA to launch a Orange Bank Africa in Abidjan, Côte d’Ivoire. Orange Bank Africa, headed by Jean-Louis Menann-Kouamé, will offer clients a range of simple savings and credit services available at all times via mobile phone. Orange Bank Africa will address the…
Chinese tech giant, Huawei, announced that it has actually reached 1.6 million developers around the world dealing with the Huawei Mobile Services (HMS) core, a number that is 76% greater compared to in 2015. Huawei Mobile Services (HMS) ecosystem is the company’s alternative to a Google ecosystem without services. The…
Startups in the modern world are ordinarily in the tech sector. This is because there are considerable gains to be made by creating an effective tech product – and these gains can be made with relatively little investment. Although some researchers have pointed to the fact that the vast majority…
South Africa’s International money transfer provider, Hello Paisa, has announced its partnership with Western Union to enable Hello Paisa customers to send global money transfers for payout at Western Union’s global network. With this new partnership, Hello Paisa’s customers can now transfer money from South Africa to their family and…
LinkedIn, an American business and employment-oriented online service, has announced that it is sacking 960 employees due to the slump in recruitment services as a result of the ongoing COVID-19 pandemic. This is approximately 6% of its workforce. Microsoft-owned LinkedIn has offices in more than 30 cities around the world…
Instagram announced today that it is rolling out a feature on its platform where users can raise funds for personal causes. The Facebook company said it will begin with a small test to create a Personal Fundraiser in the US, UK and Ireland on Android, followed by iOS. Instagram said…
South Africa’s cleaning startup, SweepSouth, has received an undisclosed amount from Futuregrowth Asset Management. The online services company raised $3.3 million in a funding round in October last year and got another $2.1 million from global internet group, Naspers, in June 2019. According to Amrish Narrandes, Head: Unlisted Equity Transactions…
Fresh from getting $300k early this year from angel investors, Tunisia’s Intigo has raised fresh funds amounting to a little over $1 million (TND 2.9 million) from Capsa Capital Partners (about $710,000) and some angel investors. Another $300,000, had earlier in November, 2019 been invested into the startup by some…
Nigerian-based recruitment platform, Jobberman, is partnering with Mastercard Foundation to provide employment for 3 million Nigerians by 2025. Both companies also plan to train 200,000 job seekers and place 120,000 in dignified employment by the end of this year. The partnership will impact young people living in the North, of…
Dr. Eugene Ohu, a faculty at Lagos Business School (LBS), Pan Atlantic University, has won a grant from Templeton World Charity Foundation, Inc (TWCF) to conduct a two-year virtual reality (VR) research. The grant was awarded under TWCF’s Global Innovations for Character Development (GICD) initiative. Dr Ohu intends to use…
Nigerian startup, OnePipe is one of the companies joining Techstars NYC this summer. OnePipe, founded by Ope Adeoye, is a gateway that makes open banking APIs accessible. The gateway currently connects banks and fintech companies through 20+ banking APIs and provides functionality for things like payment processing, managed wallets, loans…
Bliss Group offers an African platform that offers rich resource platform for pregnant women and mothers
Clickatell, a global leader in mobile communications and chat commerce, has launched Chat Desk, a digital contact center solution that helps agents resolve customer queries and obtain customer insights in real-time using chat channels for live agent support. The solution addresses the growing consumer demand for easy and personal experiences…
BBC Global News has appointed Yewande Adewusi as the new Regional Director for Africa. The Africa regional office of BBC Global News was created in 2015. Yewande has been the commercial representative for BBC Global News in West Africa since 2016, focusing on rejuvenating the West African marketplace and driving…
Some hours ago, Twitter world was set ablaze by a spate of attacks that took over prominent Twitter accounts including the likes of Bill Gates , Elon Musk, Jeff Bezos, Kanye West, President Barack Obama, Joe Biden, Michael Bloomberg, Wiz Khalifa, Warren Buffett and Apple. Twitter has now confirmed via a…
MTN has become the first mobile telecoms operator to introduce the eSIM service in Nigeria and indeed West Africa. eSIM simply means an embedded SIM card. It’s a small chip that’s used to authenticate your identity with your carrier. Unlike the physical SIM, you do not need to insert an…
Gokada CEO, Fahim Saleh, is dead. He was found brutally murdered in his home in the US. New York Police made the discovery in his Manhattan home Tuesday afternoon at about 3.30p.m (US time). Also found by his torso were contractor bags and an electric saw. The news was confirmed…
The Central Bank of Nigeria has issued guidelines on Global Standing Instruction (GSI) to enhance loan recovery across the banking sector. This was contained in a circular released to all banks and other financial institutions tagged ‘Operational Guidelines on global standing instruction – Individuals.’ Based on these guidelines, a bank…