Year 1 | Edition 14 | 30 November 2018
 
Digital payments platform BitPesa raises $5m from Sompo Holdings to revolutionize cross-border payments
Kenya’s BitPesa has raised $5m from Japanese insurance group Sompo Holdings in a move expected to revolutionize cross-border payments and insurance services globally. Sompo will use Bitpesa’s technology to extend its presence in the international remittance service market and use it for its insurance services...

Read more

 
Port It Global closes seed round to drive market expansion in Africa and South America

Mobile phone data-driven financial platform Port It Global Inc has closed a Seed round of funding led by Energy Access Ventures (EAV) to drive market expansion in Africa and South America. Port It Global provides behavioural scoring and pay-over-time services to the unbanked at the point of sale (PoS).

The company has also announced plans to hire more talent while preparing for its Series A round with the support of EAV...

Read more

 
[Column] Phathizwe Malinga, Internet of Things Artificial Intelligence: The future

A simple gesture. A world built from accessible assets that drive human convenience and interaction. This is the future that’s powered by the Internet of Things (IoT) and artificial intelligence (AI), two of the planet’s hottest topic trends right now for a very good reason.

They work. They are also the fuel driving digital transformation in 2019. These are the technologies revolutionising performance, process and productivity. They are also transforming industry challenges across agriculture, retail, health and the public sector and are set to continue on this path well into 2019...

Read more

 

 
 
[Africa Tech Week] African governments and organisations improving service delivery through digitization of services
Technology is playing a very important role in the delivery of services by African governments and even organisations. It has improved citizens access to information, improved transport efficiency hence reducing frustrations.

Digitization of these services has enabled secure identification and access control. It has facilitated more efficient payments collection in major African cities, hospitals and even schools by streamlining processes. This week, at the 11th East Africa Regional Procurement Forum (EAPF) held in Nairobi, Kenya’s Cabinet Secretary for National Treasury Mr Henry Rotich called on East Africa Community member states to deploy IT-enabled procurement systems to curb corruption. After making good progress on financial inclusion, Senegal this week also turned its attention to digitizing payments in order to speed up its growth and inclusive development...

Read more

 

 
News Headlines

IFC invests $6 million in Kobo360 to boost supply chain for African mass market goods 10-12-2018 | 13:03:46
IFC has announced a $6 million equity investment in Kobo360 Inc, a tech-enabled e-logistics platform that connects the supply of trucks with the demand for transportation services by cargo owners in Nigeria.


[Nigeria] Zenith Bank launches POS collection without payment card 10-12-2018 | 12:22:00
Zenith Bank has launched the Unstructured Supplementary Service Data payments on Point of Sales (USSD on POS).


North Africa mobile phone market sees strong growth as demand for feature phones surges, IDC 10-12-2018 | 08:26:00
The North Africa mobile phone market, comprising Egypt, Tunisia, Algeria, and Morocco, saw year-on-year shipment growth of 11.5% in the third quarter of 2018.


[Nigeria] MTN opts for out-of-court settlement with CBN over $8.1bn fine 10-12-2018 | 06:45:00
MTN Nigeria, on Tuesday, asked the Federal High Court in Lagos to further adjourn the hearing in the suit it filed to challenge the $8,134,312,397.63 being demanded from it by the Central Bank of Nigeria.


Liquid Telecom to invest $400m in Egyptian network infrastructure 10-12-2018 | 06:25:00
Pan-African telecoms group Liquid Telecom has announced that it is investing 8 billion Egyptian Pounds (USD400m) in Egypt over the next three years.


GE Nigeria launches e-learning portal targeting entrepreneurs 07-12-2018 | 13:36:51
General Electric has launched an e-learning portal for its Lagos Garage advanced manufacturing training program.


Addis International Bank, WorldRemit target 2 million Ethiopians in diaspora with money transfer service 07-12-2018 | 13:05:00
Global digital money transfer service WorldRemit has joined forces with Addis International Bank for digital money transfers.


MTN unveils music streaming service in South Africa 07-12-2018 | 10:50:00
MTN has launched MusicTime!, a fully inclusive time-based music streaming service through Simfy Africa.


[Kenya] Azuri, Unilever launch e-voucher system for off grid customers 07-12-2018 | 06:20:00
Pay-as-you-go solar pioneer Azuri and consumer goods company Unilever have launched an e-voucher system designed to help off-grid rural consumers in Kenya access consumer goods and services via pay-as-you-go solar.


Kwesé unveils new strategy, launches Kwesé Play in Kenya 06-12-2018 | 12:56:00
Kwesé, a subsidiary of Econet, has today announced the launch of video-on-demand (VOD) streaming service, Kwesé Play, as the centerpiece in its new Kenyan broadcasting strategy, and a first in Kenya.


[Africa Tech Week] Digital payments driving financial inclusion in Africa 06-12-2018 | 12:40:26
Over the last few years, Africa has shown so much potential for mobile money services adoption or what we can call digital payments services especially in regions where financial inclusion is limited.


TC4A launches its East Africa business in Kenya to boost universal healthcare coverage through digital innovation 06-12-2018 | 10:59:46
Social impact company Tech Care for All (TC4A), has announced the launch of its East Africa business, to be headquartered in Nairobi, Kenya.


[South Africa] SAP unveils the first sports-specific cloud solution, SAP Sports One 06-12-2018 | 09:18:32
SAP has launched SAP Sports One, the first sports-specific cloud solution powered by SAP's celebrated HANA platform.


[Column] Corine Mbiaketcha Nana: Automation vacation – technology driving change in the Kenyan travel industry 06-12-2018 | 08:16:15
It is often said we live for the holidays, and perhaps proof of that is the fact that today, the tourist industry is one of the fastest growing economic sectors in the world.


[South Africa] Internet Solutions opening Africa’s largest pre-fabricated data centre in South Africa 06-12-2018 | 08:06:00
Internet Solutions has announced plans to open the largest pre-fabricated data centre in South Africa. The data centre is due to officially begin operating in January 2019 and will be located in Rosebank, Johannesburg.


 




 
Click here for the webversion

To unsubscribe click here
 

Colofon:

Africa CEO Network NEWS is a publication of Africa Business Communities
www.africabusinesscommunities.com

info@africabusinesscommunities.com

www.twitter.com/africabizz
Publisher/Editor in Chief: Bas Vlugt

Editors: Linda Larbie, Afia Owusu-Nyantakyi, Andrea Ayemoba

Send your press releases to: info@africabusinesscommunities.com


Africa Business Communities is a Digital B2B Publisher that enables companies and organizations to connect with African Business Professionals. Africa Business Communities supports doing business in Africa by recruitment services, custom media productions and market research. Africa Business Communities is the largest player on LinkedIn in Africa.

Become a member of de Africa CEO Network on LinkedIn

www.africabusinesscommunities.com

www.nigeriabusinesscommunities.com

www.africabusinesspanel.com

www.africaonlinemarketing.com

www.africapresslist.com

www.africanewsmonitoring.com

www.headhuntersinafrica.com

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -