Year 1 | Edition 17| 20 December 2018
 
[South Africa] Naspers leads US$540 million investment in edtech company BYJU’S

Naspers, a global internet and entertainment group headquartered in Cape Town, South Africa has led a combination primary and secondary US$540 million investment in BYJU’S, the creator of the most popular K-12 learning app in India.

A significant portion is also being contributed by the Canadian Pension Plan Investment Board (CPPIB). The investment will drive the BYJU’S team to further innovate, explore and set new benchmarks for tech-enabled learning products...

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[Kenya] Tuskys launches an online retail portal

Kenyan Retailer Tusker Mattresses, has registered its footprint in the cyberspace with the launch of a dedicated online store.

According to the Tusker Mattresses which operates Tuskys Supermarkets and Mavazi Lifestyle clothing stores in Kenya and Uganda, the new online store is part of its business development plans. The store will be available on www.tuskys.com web portal...

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UNICEF Innovation Fund invests $100k into Tunisia’s startup Utopixar

Utopixar, a Tunisian startup set to deliver a social collaboration tool for communities and organisations to facilitate participative decision-making and value transfer has received up to $100,000 from UNICEF to improve the lives of the country’s most vulnerable children.

The startup is was among the six companies in developing and emerging economies that will receive the investment from UNICEF’s Innovation Fund to solve global challenges using blockchain technology...

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[South Africa] MTN Group announces executive appointments

MTN Group has made several new executive appointments, including the position of Chief Technology & Information Officer and Executive for Corporate Services & Sustainability.

Charles Molapisi has been appointed as the company’s Group Chief Technology and Information Officer, effective 1 January 2019. His appointment follows Babak Fouladi’s resignation from the company to take up another opportunity in Europe...

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News Headlines

Skills and network gap leading causes of unemployment in Nigeria, MyJobMag survey 22-03-2019 | 12:59:09
A big percentage of Nigerians are unemployed because they don’t have the right skills and network that can help them land the job of their dreams, a survey by MyJobMag has revealed.


Kenshoo and Omnicom Media Group partner to create digital centers of excellence in Africa and Europe 22-03-2019 | 12:53:04
Kenshoo, a global marketing technology platform, and global media network Omnicom Media Group have partnered in Europe, the Middle East and Africa to create Digital Centers of Excellence.


[South Africa] IDU expands its cloud offering through partnership with Microsoft Azure 22-03-2019 | 10:13:10
South Africa’s Idu-Concept, has expanded its cloud offering through a partnership with Microsoft Azure.


[Kenya] Safaricom hits the 30 million customer mark 22-03-2019 | 07:42:15
Safaricom has announced that it has passed the 30 millionth customer milestone, cementing the firm’s position as the most preferred mobile service provider in the country.


South Africa Navy picks Teledyne CARIS software to upgrade operations 22-03-2019 | 07:36:46
Teledyne CARIS has announced it will be delivering a full software solution to the South African Navy Hydrographic Office.


[Kenya] Telkom sets up fibre loop for Mombasa in network expansion 22-03-2019 | 07:31:31
Kenya’s Telkom has begun setting up a fibre loop for the city of Mombasa to meet growing demand for faster data by its business and individual customers.


[Nigeria] Farmcrowdy closes on additional $1m seed funding 21-03-2019 | 10:33:00
Farmcrowdy, Nigerian digital agriculture platform which allows Nigerians to invest in agriculture, has closed on additional seed funding of $1 million.


[Interview] Chijioke Dozie, CEO, OneFi, Nigeria 21-03-2019 | 09:22:00
Chijioke Dozie is the CEO and co-Founder of OneFi, a leading African Mobile-First Consumer Lending Business that has disbursed over $40m to consumers since inception.


MultiChoice launches talent factory in Namibia 21-03-2019 | 07:35:52
MultiChoice Namibia has launched the MultiChoice Talent Factory (MTF) online portal at its headquarters in Windhoek.


[South Africa] Hisense injects $5 million into its refrigeration and television production lines 21-03-2019 | 07:32:00
Chinese electronics manufacturer Hisense has invested R72 million, approximately $5 million, into its refrigeration and television production lines at its Atlantis factory in the Western Cape.


Unitel to chair working group on fraud and security issues for the telecommunications industry in Africa 21-03-2019 | 07:25:22
Unitel has been elected to chair the GSMA Association Africa Fraud and Security Group, a working group dealing with critical fraud and security issues for the telecommunications industry in Africa.


[South Africa] FlexClub raises $1.2M, partners with Uber Mexico 21-03-2019 | 06:33:40
South Africa’s startup FlexClub has closed a $1.2 million seed round led by CRE Venture Capital.


Silicon Valley-based startup Accelerator Founder Institute launches New Chapter in Lagos 21-03-2019 | 05:58:45
The Founder Institute, an idea-stage accelerator and startup launch program has launched a new chapter in Lagos, Nigeria targeting to work with 20 tech startups annualy.


NBA and YouTube launch live games on League’s First Channel dedicated to fans in Sub-Saharan Africa 20-03-2019 | 13:47:35
The National Basketball Association (NBA) and YouTube today announced the launch of the NBA’s first YouTube channel dedicated to fans in sub-Saharan Africa.


[South Africa] Cell C and Facebook launch public access Wi-Fi hotspots at UWC 20-03-2019 | 12:10:00
Cell C has partnered with Facebook to launch the first public access Wi-Fi hotspots at the University of the Western Cape (UWC).


 


 
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