Africa cross-border payment startup, Chipper Cash has launched in the United States to particularly help the African diaspora send back money to their people back in Africa without hassles. The United States is a crucial remittance corridor into African countries today. The World Bank estimates that north of $45 billion…
Author: Oluwasegun Olukotun
IBM and Honda have entered into a five-year agreement that will see IBM manage and run Honda’s finance and execute its procurement operations across Europe. The contract is designed to deliver integrated end-to-end service which can help Honda improve efficiency, reduce costs, standardise processes across its European operations, and ultimately…
Africa-focused venture capital firm, TLcom Capital, has launched the 2021 Africa Tech Female Founder Summit scheduled to hold virtually on Wednesday 13th October 2021. In its third year running, TLcom has opened application for female tech founders across Africa and in the Diaspora to this year’s virtual summit, which also…
MTN on Wednesday announced the appointment of Adekunle Awobodu as the new Chief Financial Officer for Digital and Fintech. Adekunle is a certified General accountant who has spent the greater part of his career at MTN, where he served as CFO for MTN Nigeria and the MTN Irancell joint venture.…
Interswitch and Enterprise Blockchain Infrastructure Services Company, Interstellar Inc. are collaborating to develop blockchain-powered infrastructure services and solutions. For over two years Interswitch has been working with Interstellar conducting blockchain technology research. As part of this partnership, Interstellar’s Blockchain technology stack will be integrated with Interswitch’s industry-leading payments and digital…
Following a six-hour service outage yesterday, Facebook today announced it is merging IGTV and feed videos into one format called Instagram Video. In addition, the company is also rolling out a new video tab on its users’ profile, where this combined video format will live, to make it easier for…
Mastercard in partnership with Zambian-based fintech company, Digital PayGo, has launched “SME-in-a-Box,” a new merchant mobile payments solution, which will enable Small and Medium Enterprises (SMEs) to safely make and receive digital payments through various online channels. SME-in-a-Box will make digital payments convenient, easy-to-adopt, and safe for the execution of…
Social audio app Clubhouse on Thursday announced it is rolling out four new features: Clips allow users to record; Replays allow users replay conversations; Universal Search – an improved search function and Spatial Audio for Android . These are two of the four features launched today. The other two features…
Sun Exchange, a crowd-based global solar leasing platform, has secured $2.5 million in the form of a convertible note from ARCH Emerging Markets Partners Limited’s Africa Renewable Power Fund (ARPF). This follows ARPF’s previous investment of $3 million as the lead investor in the Sun Exchange Series A funding round.…
Luno, the leading global cryptocurrency company, has today revealed in a new online global survey that only 2% of Nigerian cryptocurrency investors surveyed do not have a plan when making investment decisions, delivering a groundbreaking insight into how consumers manage the investment risks attached to the country’s growing wave of…
The Internet Society Foundation has launched a new grant program known as the BOLT program to enhance Internet access and connectivity around the world. The grants are provided to assist creatives, technologists, researchers, and social/cultural workers to develop solutions to Internet connectivity, particularly among communities where current technologies are unavailable…
African Export-Import Bank (Afreximbank) in collaboration with AfCFTA Secretariat today announced the operational roll-out of the Pan-African Payment and Settlement System (PAPSS), a revolutionary Financial Market Infrastructure to enable instant, cross-border payments in local currencies between African markets. This move will boost intra-African trade significantly and underpin the implementation of…
It can be soul enriching to be able to listen to your favorite tracks, but more blissful is to have the privilege to view the lyrics as you listen or sing along. If you are a premium user of the Audiomack app, you can now read along to lyrics right…
Global network for remote engineering talent, Andela, disclosed it has raised $200 million in Series E financing, which has now places the value of the company at $1.5 billion, thus making it the latest unicorn. The round was led by Softbank Vision Fund 2 with participation from new investor Whale…
The 2Africa cable is now the longest subsea cable in the world after a new segment- the 2Africa PEARLS branch was extended to the Arabian Gulf, India, and Pakistan. Deployed by the 2Africa consortium, comprised of China Mobile International, Facebook, MTN GlobalConnect, Orange, stc, Telecom Egypt, Vodafone, and WIOCC, the…
Launch in second city after Lagos signals strong growth for Super App ahead of return to ride-hailing and three more new locations in coming months Gokada, the Nigeria-based last mile delivery, logistics and transportation startup, has launched in Ibadan following consolidated growth in Lagos. Following the recent successful launch of…
Mo Abudu’s EbonyLife continues to take giant strides in the entertainment industry especially on the international front. Last month, we reported that the entertainment company in collaboration with Universal Pictures, and Will Packer Productions will produce a movie on Ramon Abass popularly known as Hushpuppi, after receiving adaptation rights. Now it has teamed up…
Banks across Africa are turning to IBM’s technologies to help drive financial inclusion across the continent. IBM today revealed that banks like EcoBank, Attijariwafa Bank, United Bank of Africa, Co-operative Bank of Kenya, Nedbank, and Banco Mais have picked hybrid cloud and AI capabilities from IBM to unlock digital innovation…
MultiChoice has launched DStv Internet to provide internet access to those who do not have access to fibre services in South Africa. MultiChoice for a while now has been working on plans to evolve from a traditional video entertainment business. The entertainment company which delivers DStv, GOtv and Showmax through…
Jobberman has launched a new initiative, Alliance for Better Work in partnership with its long-term ally Mastercard Foundation. The employer-centered initiative is geared to radically bolster recruitment in Nigeria, with a focus on driving female hires and providing integrated end-to-end support on the easy-to-use online jobs platform. Large corporations to…