Media giant, Naspers, is in the process of acquiring South Africa’s leading automotive marketplace, AutoTrader.co.za. This was confirmed in a Classifieds Intelligence report by AIMGroup . According to the report, Naspers head of investor relations Meloy Horn confirmed that the company has filed an application with the Competition Commission of SA. “Classifieds…
Author: Staff Writer
Bilikiss Adebiyi-Abiola, the CEO of Wecyclers, has been appointed to oversee the Lagos State Parks and Gardens Agency (LASPARK). As the new General Manager, she is tasked with making Lagos greener and healthier through the creation and maintenance of functional and operational parks and gardens, planting and maintenance of trees.…
Tonjé Bakang, CEO of Afrostream TV, took to his blog on Medium to talk about his entrepreneurial journey and why he had to shut down the Video-On-Demand service. Though there is no message to this effect on the website, he starts his 17 minute long post (written in French but the post…
The second largest supermarket chain in South Africa, PicknPay, is accepting bitcoin payment for goods and services for a limited period at its head office campus store in Cape Town. This has been made possible by the payment platform provided by tech company, Electrum, with bitcoin exchange Luno providing the payment…
Safaricom’s Spark Venture Fund has announced an undisclosed investment in iProcure. This is the second investment in AgricTech made by the fund after its investment in FarmDrive earlier this year. However this is the sixth and final African startup to benefit from the $1million set aside for investments. Based out…
Tuskys Supermarket has entered into a deal with Nakumatt supermarket to take over the management of the company. The troubled Nakumatt is looking to Tuskys to rescue it from total collapse. The deal sees Nakumatt accessing stock from suppliers using Tuskys supermarkets’ goodwill and value chain to stock the Nakumatt shelves…
66 year old William Reed was born colour blind. So for his birthday, his family decided to pitch in to get him Enchroma glasses for his birthday. His reaction is priceless. This is what his wife said when she posted the video on YouTube; “Born colorblind, William lived his whole…
African media company Kwesé and Netflix, the worlds leading internet entertainment service, today launched a long-term partnership for Sub-Saharan Africa, leveraging Kwesés pan-African reach to help make it easier for African consumers to enjoy Netflix. As part of the partnership Kwesé will develop partnerships with telecoms operators across Sub-Saharan Africa to…
Econet Media has joined the league of companies offering Video-on-demand (VOD) service in Africa. The Strive Masiyiwa owned company has just announced the launch of its Internet Protocol Television (IPTV) service Kwesé Play a video streaming service delivered on high speed data networks, in particular fibre-to-the-home (FTTH). Interestingly Econet Media has taken a…
Naspers Classifieds company, OLX has introduced a “Verified Cars” category to guarantee car buyers’ safety in Nigeria and Kenya Separate from the “Vehicles” category, this means that all cars in the “Verified Cars” have been verified by OLX before being uploaded on the site. According to Peter Ndiang’ui, OLX Kenya…
Nigerian-based payment processing company, Interswitch, has announced that the Initial Public Offering (IPO) previously scheduled for 2016 will now take place in 2019. According to Akeem Lawal, the Interswitch’s divisional chief executive officer for switching and processing; the dual listing in London and Lagos to raise as much as $1 billion had…
Can you imagine a CEO dressed like Michael Jackson and giving us some dance moves? 😛 😎 Well it really happened. Chinese businessman and CEO of Alibaba took to the stage at the company’s annual conference gala recently. He opened the floor and was then joined by some of the…
While it may seem safe when you are in your home to share things with the world, you are putting yourself at risk. The second you put any bit of information online you need to be concerned about its safety and that includes things that are already online, such…
Societe Generale is back in Africa with the launch of YUP, a mobile money solution to attend to people across Africa who do not have a bank account. Based on the partnership with Tagpay, anyone with a mobile phone on any telco’s network can use YUP. YUP’s customers can withdraw, deposit, and transfer…
OPPO, the global technology brand recognised for its smartphone photography experience, is set to introduce a new speedy and sophisticated camera phone OPPO A71 into the Kenya market this month. It is said that this device will have decent specifications, offering speedy operation, best user experience and even more exciting…
The Tech Roundup With Kelechi Udoagwu is a new web series created with the aim of educating and empowering Africans to utilize and leverage on technology in their lives and businesses. The sole purpose of the show is to simplify the news, trends and events in the fast-growing technology industry…
As part of Facebook’s ongoing efforts in understanding and positively contributing to the African internet eco-system, the team will be working with a number of organizations including local governments, policy makers and civil society to co-host selected events in both Zimbabwe and South Africa This week, an expert team from…
In his 1st ever visit to West Africa, futurist, celebrated author and host of Breaking Banks talk show on Voice of America (VoA) Brett King, touched down Lagos this evening Wednesday 13th September 2017 ahead of this keynote speech at Interswitch Connect, Nigeria’s 1st ever payment/tech conference slated to hold on the 13th and 14th of September…
Award winning Nigerian musician, Davido has collaborated with bespoke fashion brand Orange Culture headed by Lagos Fashion and Design Week Young Designer alumni Adebayo Oke-Lawal to introduce a a capsule collection featuring pieces inspired by Davidos hit song, If at London’s High End Department Store, Selfridges. The exclusive collection is part of…
The ABN Group owners of the prestigious Forbes Africa and CNBC Africa platforms have recently appointed Peace Hyde as its new Head of Digital Media and Strategic Partnerships. Hyde will still be maintaining her current role as the West Africa Correspondent for the leading business publication but will also head…