KuCoin has announced that its KuCoin Wallet is officially rebranding as Halo Wallet. According to the global crypto exchange, Halo Wallet will now run in an independent manner having been officially spunned off from the KuCoin Group. This rebrand marks the expansion from the Web3 wallet to the broader SocialFi…
Author: Oluwasegun Olukotun
Digital payment network in Africa, MFS Africa has entered into a partnership with Nigeria’s Access Bank to expand AccessAfrica remittance corridors. AccessAfrica is a Payments product designed to simplify Global payments by Person to Person (P2P), Business to Business (B2B), Person to Business (P2B), Government to Person (G2P) and any…
Global independent provider of global risk and financial advisory solutions, Kroll, has announced it has opened a new office in Johannesburg, delivering its international restructuring expertise to South Africa. Located in the city’s Sandton financial district, the new office forms part of Kroll’s wider effort to expand its services across…
Digital platform, Moni, which leverages social trust and group responsibility to deliver financial services in Africa, has launched a new range of business loans that enables market traders, spare part dealers, textile traders and other small business owners in Africa to take advantage of the power of their communities to…
Stripe has announced it has been appointed by OpenAI to power payments as it moves to commercialize its groundbreaking ChatGPT and DALL·E generative AI technologies. As part of the deal Stripe will be incorporating OpenAI’s new natural language technology, GPT-4, into its products and services. Speaking on the deal, Peter…
T-Mobile has reached an agreement to acquire Mint Mobile and Ultra Mobile for $1.35 billion. Mint Mobile is a successful direct-to-consumer (D2C) prepaid wireless brand in the U.S., while Ultra Mobile is a unique wireless service offering international calling options to communities across the country; and wholesaler Plum. T-Mobile is…
Roam has commissioned a new production facility that will allow for expanded production and have an annual capacity of 50,000 motorcycles while staying a carbon-neutral assembly. The plant, more than 10,000 square meters in size, is part of the company’s effort to scale up commercial mass production of the Roam…
Morocco’s startups VotreChauffeur and VotreColis specializing in mobility and last-mile delivery have secured $240,000 from Afrimobility, Akwa Group’s Venture Capital fund. The funds will be used to boost the operations of both startups by increasing their fleet strength and enhancing their range of offerings through the upgrade of digital tools developed by…
Netflix’s ‘African Folktales, Reimagined’ short films featuring a new generation of six storytellers is partnering with UNESCO to launch on Netflix on 29 March 2023. The anthology of six short films was launched as part of Netflix’s partnership with UNESCO to support the next generation of storytellers who were provided…
Microsoft has partnered with Boosteroid on a 10-year agreement to bring Xbox PC games to Boosteroid’s cloud gaming platform. Boosteroid, which has its software development team in Ukraine, recently surpassed 4 million users globally and has become the largest independent cloud gaming provider in the world. The agreement will also…
TikTok has announced a new viewing experience, the STEM feed, to give members of its community a dedicated space to explore a wide range of inspiring, entertaining, and enriching videos related to science, technology, engineering, and math. These education-based communities already thrive across TikTok. To substantiate this, STEM-related hashtags have…
Seed investor and accelerator Flat6Labs has launched a new $95 million Seed Fund to nurture the growth and development of early-stage tech startups on the African continent. Flat6Labs has a proven track record in carefully vetting out and investing in promising startups in North Africa since it was founded 12…
Cryptocurrency infrastructure provider, Binance, has added support for more African currencies including the Liberian Dollar (LRD), Sierra Leonean Leone (SLL), Gambian Dalasi (GMD), Mauritanian Ouguiya (MRO) & Cape Verdean Escudo (CVE) as it expands its product offerings and bolsters its presence on the continent. This development will enable users in…
Morocco-based edtech KOOLSKOOLS has secured a $960,000 investment from Azur Innovation Fund. The Fund is a public-private seed fund that aims to provide equity and quasi-equity financing to innovative startups in Morocco. Founded in 2020 by Mariam Zrii and Nouredine Amrani, KOOLSKOOLS is a collaborative educational platform that responds to pedagogical…
MultiChoice Group, Comcast’s NBCUniversal and Sky have sealed a partnership agreement that will bring some of the world’s best content and technology to streaming customers across MultiChoice’s 50-market footprint in sub-Saharan Africa. Powered by Peacock’s leading, globally-scaled technology, Showmax subscribers will have access to an extensive premium content portfolio, bringing…
Viettel and Qualcomm have partnered to deliver state-of-the-art 5G infrastructure globally. The companies have also completed the first versions of Viettel’s 5G Distributed Unit (DU) and Radio Unit (RU) based on the Qualcomm X100 5G RAN Accelerator Card and Qualcomm QRU100 5G RAN Platform, respectively. Viettel High Technology at MWC…
Tiktok And Mercedes-Benz Team Up to Bring the Tiktok Experience into The Mercedes-Benz E-Class TikTok has teamed up with Mercedes-Benz to bring the TikTok experience inside the newly announced interior of the Mercedes-Benz E-Class. The update was made known at the Strategy Update: Mercedes-Benz Operating System event and will see…
IFC and Viva Technology today announced the second edition of the AfricaTech Awards, an initiative to spotlight Africa-focused companies with innovative solutions addressing key development challenges linked to climate change, health care, and financial inclusion. Founders are invited to apply for the awards in three categories – climate tech, fintech, and…
MTN and Huawei have signed a memorandum of understanding to enhance strategic cooperation in environmental, social and governance matters. Both entities inked the agreement at MWC Barcelona, an agreement which aligns with MTN’s Ambition 2025 strategy and Huawei’s Corporate Sustainability Development strategy, including its TECH4ALL initiative. MTN Group Chief Sustainability…
Cellulant has appointed Ibrahim Gbolahan Aminu as General Manager for Cellulant in Nigeria. The appointment will see Ibrahim will manage and oversee the day-to-day operations and provide leadership as Cellulant expands coverage for Tingg, Cellulant’s Digital Payments platform, across Nigeria. Ibrahim who holds a Master’s in Business Administration and a…