MTN Group has reportedly made a bid for an Ethiopian telecommunications licence alongside Vodacom Group and Safaricom. Dr. Brook Taye, the Senior Advisor of the Ministry of Finance of Ethiopia, says that the consortium of bids is led by Safaricom. “We always wanted quality providers and this is what we have…
Author: Tapiwa Matthew Mutisi
French sports equipment and wear company Le Coq Sportif has partnered with South African-based logistics startup Pargo to reach its customer base across South Africa and offer a convenient way for consumers to pick up their orders via Click & Collect delivery option. Pargo is the leading click-and-collect and returns solution for online and…
Bitcoin, the largest and most popular cryptocurrency rallied back Monday as investors took advantage of the lowest levels in seven weeks to pile back in. Bitcoin headed for its biggest gain since Feb. 8 at around $52,700 as of 9:35 a.m. in London. At one point it rose as much as…
Kenyan e-mobility startup and Africa’s first electric motorbike taxi Ecobodaa has secured an undisclosed amount of funding from Persistent, Zurich-based venture capital and private equity firm that focuses on investing in the off-grid energy sector. Not only has Persistent invested an undisclosed amount of funding into the innovative tech startup but…
Bitcoin, the biggest and most popular cryptocurrency, and other cryptocurrencies suffered hefty losses on Friday which headed for their worst week in more than a year as a proposed capital gains tax increase for wealthy Americans earning more than $1 million intensified the volatility whiplashing the world’s largest cryptocurrency. There always…
Somalia’s largest telecommunications provider Hormuud has announced the launch of the country’s first indigenous mobile money application. Titled, WAAFI, the fintech app provides Somalians with access to a range of digital financial services all within a single and easy-to-use platform. Speaking on the announcement, Hormuud CEO and Chairman Ahmed Mohammed Yuusuf…
South Africa-based healthtech startup Link Health Technology (Link) which’s redefining the healthcare experience for patients and clinicians has secured R5-million in investment funding from an undisclosed investor. Link’s aim is to develop patient empowering health care technology in Africa. Providing organizational efficiency for businesses and data insights for clinicians and patients. Link Health…
An accelerator can certainly help agribusiness take off with a focus on eliminating waste and increasing management efficiency. Incubators and accelerators are mechanisms and structures that help SGBs grow and expand. Now O-Farms will be the First Circular Agribusiness Accelerator in East Africa and it’s going to be established by Bopinc and Village Capital.…
After previewing them at its recent Analyst Day overview, on Thursday Twitter started testing its redesigned profile for businesses that allows owners to display more information potential customers can see. The Twitter Business account announced the launch of “Professional Profiles” and posted a photo showing what it would look like. As you…
According to a prominent private cybersecurity firm FireEye which is working with the federal government; state-backed Chinese hackers are believed to have compromised dozens of E.U and U.S. government agencies, defense contractors, financial institutions, and other critical sectors. The FireEye security company said, the intrusions are ongoing and are the…
Sometime last month, reports emerged that Microsoft Corp. was in discussions to acquire video game-focused chat platform Discord Inc., for more than $10 billion, and that was according to a report by Bloomberg News which cited sources familiar with the matter. Bloomberg also mentioned that the voice chat app Discord had previously talked…
South African-based fintech startup Payflex just recently launching a new offering that offers an online payment gateway solution to South African merchants that allows shoppers to pay over 6 weeks, interest-free has secured an undisclosed amount of funding from Australian-listed multinational Zip Co Limited a buy now pay later player with a market cap of…
The Rwandan Government is calling on African tech startups operating in the mobility, housing, or fintech sector to apply to the Smart Cities Innovation Accelerator Programme (SCIP) which is a 6-month accelerator supporting tech start-ups from Rwanda and other African countries in the fields of Smart Mobility, Smart Housing and Fintech…
A cryptocurrency that was created as a joke is currently moving mainstream, as fans have also joined the bandwagon. Fans are driving Dogecoin higher to mark a day known for celebrating pot smoking. All the dogecoins in circulation are now worth more than $53 billion after fans declared April 20 Doge…
Leading international car rental company Europcar has partnered with South African car tech startup FlexClub to be a part of its innovative rent-to-buy car subscription model. The new partnership will enable Europcar to enter the car subscription space in South Africa and offer a fully digital service where locals can purchase vehicles with…
On Monday, NASA’s Experimental Ingenuity Mars Helicopter rose from the dusty red surface into the thin air becoming the first aircraft in history to make a powered, controlled flight on another planet. The Ingenuity team at the agency’s Jet Propulsion Laboratory in Southern California confirmed the flight succeeded after receiving data…
Following the tragic death of two men who died on Saturday night north of Houston after a 2019 Model S crashed into a tree and ignited, the Texas police undertaking the investigations will serve search warrants on Tesla on Tuesday to secure data from a fatal vehicle crash, a senior officer told…
Facebook is going all-in on audio as it jumps on the audio entertainment and messaging bandwagon. On Monday, it outlined a road map of features — including integrating Spotify’s music and podcast player — that it’s planning to bring to the Facebook app. Facebook CEO Mark Zuckerberg said on Monday the company…
Chinese Central Bank Deputy Governor Li Bo on Sunday mentioned that China is trying to make it possible for foreign athletes and visitors to use its digital currency during the Beijing Winter Olympics in 2022 and it could be the first test for China’s digital currency with international users. He…
Excitable commentators who say China’s digital yuan is a threat to the dollar should take the word of Chinese Central Bank Deputy Governor Li Bo, who said on Sunday that the country’s digital yuan isn’t an effort to displace the U.S Dollar. Therefore, with China set to become the first…