Business

A Kenya based agri-tech startup Tulaa, which allows smallholder farmers to access inputs, credit and markets, has raised a US$627,000 seed round to fund its continued expansion in the East African country and further develop its platform.…
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Multichoice, the parent company of DStv and Gotv has launched a new mouth watering channel for its subscribers. The company said from Wednesday, 1 August to Friday, 31 August, 2018, ALL active DStv and GOtv Max subscribers will be…
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Nigeria's leading e-commerce giant Konga, is set to relaunch Pay On Delivery (POD) from August 1st 2018, starting with customers in Lagos before extending the service to other states from September 1st 2018.  This is after effectively…
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Alphabet, the parent company of tech giant, Google has  reported a sharp drop in profits as the company absorbed the likely $5bn cost of a record-breaking fine from European regulators. The European Union fined Google earlier this month…
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Leading fintech companies from the dynamic Sub-Sahara Africa (SSA) technology startup community have made it to the finals of Visa’s Everywhere Initiative, a global innovation program that tasks start-ups to solve commerce challenges of…
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Major tech giants including Facebook, Google, Microsoft and Twitter recently unveiled plans to make it easier for users to take their personal data and leave one online service for another. The “Data Transfer Project” revealed by the…
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Aerobotics, an aerial data analytics firm that is based in Cape Town got an undisclosed amount of investment from Nedbank. The local investment and cooperate bank was also the lead investor in a Series A funding round. Moreover,…
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Kenyan mobile start-ups raised Sh14.79 billion ($147 million) in 27 deals last year, a new study suggests, highlighting the country’s position as a hub for mobile innovations on the continent. Nairobi accounted for more than a quarter of…
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Google has been hit with a record-breaking €4.34bn (£3.87bn) fine from the European Union for anticompetitive”illegal practices” relating to its Android operating system. The European Commission says the company has used the software to…
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Many Nigerians have decried the announcement by Multichoice that it would increase its subscription rates for DStv packages from August 1. Multichoice in its messages to its subscribers recently, said that it would, however, reduce its…
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South Africa-based mobile telecommunications company MTN Group Ltd said on Monday its Dubai subsidiary sold its Cyprus business to Monaco Telecom S.A for 260 million euros($304 million). Africa’s biggest mobile telecoms group said that…
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In order to increase its customer base, Ghanaian e-health startup Redbird has raised funding from Atlanta-based impact investor Gray Matters Capital. Redbird, which was one of three winners at the recent DEMO Africa event in Accra,…
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The Minister of Industry, Trade and Investment, Okey Enelamah, says the digital economy is estimated to create three million jobs within the next three years. The minister made this stated this while speaking at the ‘Invest in…
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  The Nigerian government said the digital economy is projected to generate $88 billion and create up to three million jobs in the next three years for the economy. Dr Okey Enelamah, Nigeria's Minister of Industry, Trade and…
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Chinese tech giant ZTE has signed an agreement with the US clearing the way for it to resume business in the country. Once ZTE makes a $400m (£303m) security deposit, an order to lift the ban will be issued, the US Commerce Department…
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 Mastercard, in support of Ghana’s Vision 2020 goals, has committed its support to helping the country to develop a cashless economy, in furtherance of its push to be an economic powerhouse in Africa. This was highlighted…
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Uganda will review a tax on the use of social media , the prime minister said Wednesday after a protest against the controversial measure was broken up by police firing live rounds and teargas into the air . Prime Minister Ruhakana…
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The stokvel has long been South Africa’s favourite way for a group of people to save and invest. Today, the traditional stokvel has gone digital with Franc, a new app which makes investing simple and affordable for anyone with a smartphone.…
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Nokia has signed a deal worth as much as 1 billion euros ($1.17 billion) to provide network equipment and services to China Mobile, as it seeks a bigger foothold in the world’s second-largest economy. Finland’s Nokia will supply the…
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Nokia and Sudatel are to combine Nokia 4.5G Pro, 4.9G and 5G mobile technologies along with Nokia’s fixed fiber-to-the-home (FTTH) portfolio to enhance the mobile and residential broadband experience in Sudan.  The collaboration will focus…
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Football fans are increasingly turning to Reddit to find online live streams of FIFA world cup that are not freely available to watch in their country. The 'Soccer Streams' forum on the social news site has more than 250,000…
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The International Services arm of TIM Group and among the top ten global operators, and Tunisie Telecom, the telecom services operator for both residential and business broadband solutions in Tunisia, have announced the upgrade of Tunisie…
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Google has announced that the Cisco Hybrid Cloud Platform for Google Cloud will be available to all its customers later this year. This will help customers wherever they are in their journey to the cloud, whether they’re cloud-ready or…
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MTN Nigeria’s Initial Public Offering (IPO) has been set for August as part of MTN’s plans to restructure debts and fund local investments in Nigeria with its local currency, according to Ventureafrica.com reports. Also, MTN Nigeria’s…
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The Nigerian Communications Commission (NCC) has put the total number of active mobile telephone lines in the country at 162 million. According to the regulator, the number increased from 160 million in April to 163 million the following…
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GenCell Energy, fuel cell power solution provider and manufacturer, has announced that Adrian Kenya, a leading African telecom integrator, will install the new GenCell A5 Off-Grid Power Solution at 800 telecom base stations…
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Many Ugandans were on Sunday unable to access social media platforms after the government directive to charge users took effect . Last month , Uganda ’s parliament passed new laws that introduced a new tax for use of popular social media…
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After years of legal battle between tech giants, Samsung and Apple the two firms have finally settled scores legally after a US Jury ordered Samsung to pay Apple the sum of $539 million dollars in damages for copying features of the…
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Amongst his various projects, Grammy-nominated musician AKon has launched his own cryptocurrency called  “AKOIN”, as a block chain technology towards improving the conditions of Africa. The Senegalese-born entertainer/entrepreneur…
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Following agitations by Nigerians for a review of high consumption and price of data, the  regulatory commission of the sector, Nigerian Communication Commission (NCC) is set to review the system for more…
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