Author: Staff Writer

Kenya-based Direct Payment Online (DPO) Group has announced the acquisition of South Africa payments processing service, PayFast. This is the the fifth company the group has acquired since its inception in 2006.“PayFast is a natural fit for DPO Group and this deal strategically follows our acquisitions of PayGate, VCS, Paythru and…

You may say Uh! What does this mean? Let me break it down for you. Currently WhatsApp only allows you to use one single account on a single device. If you want to use the same account on another phone, you’ll be prompted to log out of the the first…

The 12 startups from the Africa region in the 2019 MIT Inclusive Innovation Challenge (IIC) have been announced. Globally 60 startups have emerged from the five regions – US & Canada, Asia, Latin America, Europe and Africa. The IIC is MIT’s premier future of work prize, awarding $1.6 million annually to…

Somtel, a leading telecommunications company from East Africa, and Kirusa, a global leader in communication solutions over data networks, today announced the launch of Somtel ReachMe, the first-ever unlimited calling package to Somalia, making it easy and affordable for Somalians living abroad to stay in touch with their friends and…

Ride hailing giant, Uber, has let go of 400 employees in the Marketing team as it tries to cut costs and streamline its operations after its initial public offering in May. The news of the layoffs was first reported by The New York Times. As at March 31, 2019, Uber’s public…

Flutterwave has partnered with Alipay to enable all its merchants access to over 1 billion Alipay users. The San Francisco and Lagos-based fintech  startup has integrated the Alipay platform such that Flutterwave merchants can accept or install Alipay as a payment type to accept payments from its billion users. Flutterwave currently has more than…

Oppo has tweeted images of new smartphone display design of what it calls “Waterfall Screen” technology. This presupposes that it could be unveiling a new smartphone soon with this feature. The tweet says “Taking borderless smartphone innovation to new heights, we are thrilled to you a first look at “Waterfall…

eCommerce giant, Jumia, has entered an agreement with Vivo Energy, the pan-African retailer and distributor of Shell and Engen-branded fuels and lubricants to use its stations as pick up and drop off points for customers. Jumia customers would be able to collect or return online orders made on Jumia’s digital platform.…

Of course eSports is one of the favourite indulgences of the Gen Z but it is slowly and surely making it into the main stream Simply put, eSports (also known as electronic sports, e-sports) is a form of competition using video games. Imagine a 16 year old winning $3 million playing video games. Well…

Rapid growth in the FCT and Lagos State Opening and approvals in Kenya Largest tech-enabled network of community pharmacies in Africa Shelf Life, the revolutionary pharmaceutical inventory management subscription service, launched and headquartered in Abuja, is today announcing its expansion. It is also announcing that the 100 plus pharmacies in…

MTN Nigeria is steadily on the rise as its half year results show it is growing in the critical key performance indicators. In the recent unaudited report for the six months period ended June 2019, all financial indicators grew on a year-on-year basis. Highlights of the figures are shown below:…

WhatsApp is finally going to launch its payments service this year. However, it will start with India. The Facebook owned service has been testing the payment service for over a year with about 1 million people and is ready to roll it out commercially. However It is waiting for approval…

Uber has begun operations in the ancient city of Benin, Edo State. This is the third city after Lagos and Abuja. It is clearly lagging behind its competitor Bolt (Taxify) who already operates in Benin City and six other cities in Nigeria The official launch in Benin was on the…

Access Bank  and GE Healthcare have signed an agreement to provide sustainable healthcare equipment financing to private healthcare providers; The partnership will help the private healthcare providers to deliver access to affordable healthcare services. Under the partnership, borrowers will be able to secure loans of up to $800,000 negotiable, based on the…

Cement manufacturer, LaFarge Africa announced that it would be selling its South Africa operations for $317 million to Caricement B.V. This announcement was made at the company’s 60th Annual General Meeting (AGM) in Lagos on Monday. Speaking on the matter, the company’s Chairman, Mobolaji Balogun, explained that LSAH sale would be…

Apple and Intel have signed an agreement for Apple to acquire the majority of Intel’s smartphone modem business. Approximately 2,200 Intel employees will join Apple, along with intellectual property, equipment and leases. The transaction, valued at $1 billion, is expected to close in the fourth quarter of 2019, subject to…

United Nations Secretary-General António Guterres today announced the appointment of Fayaz King of Zimbabwe as Assistant Secretary-General to serve as the Deputy Executive Director, Field Results and Innovation, for the United Nations Children’s Fund (UNICEF).  He will succeed Shanelle Hall of the United States, to whom the Secretary-General and UNICEF…

According to a new report from Hopper HQ, American media personality, model, businesswoman, and socialite, Kylie Jenner retains the number 1 position on the 2019 famous Instagram Rich List. This list details how much Instagram stars earn from their sponsored posts. It is based on internal data, agency rate cards…

10 African startups have been selected to take part in the Co-Creation Hub’s PitchDrive II, a deep tech tour of five Asian cities over the course of 14 days in partnership with Google for Startups. Over 200 applications across 20 African countries were received for inclusion in the tour. The first edition…

Earlier in the year, Tech giant Samsung introduced the world to its first foldable phone called the Galaxy Fold. The phone was unveiled at the Samsung Unpacked event taking place in San Francisco, California. However couple of days later, there were reports that the phone developed a crease  in the middle…