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

[South Africa] Helios Towers partners with Vulatel to expand mobile and fixed-line infrastructure 16-01-2019 | 10:41:08
Helios Towers Ltd, the independent telecoms tower infrastructure company has today announced that it has entered into an agreement with South Africa’s Vulatel (Pty) to create a South African infrastructure platform.


Konnect Africa launches broadband internet in Côte d'Ivoire 16-01-2019 | 08:39:45
Konnect Africa, an initiative of the satellite operator Eutelsat dedicated to satellite broadband on the African continent, has launched Internet access offers in Côte d'Ivoire.


[Column] Karl Reed: The customer’s journey to the cloud 16-01-2019 | 07:20:30
Migrating to the cloud is no longer the complex process it once was. Thanks to the evolution of technology, moving from an on-premises environment can be done much more efficiently than before.


Commercial Bank of Ethiopia, WorldRemit launch first international mobile money transfer service in the country 16-01-2019 | 06:38:43
Commercial Bank of Ethiopia (CBE), has partnered with global digital money transfer service, WorldRemit, to launch its first ever international mobile money transfer service to Ethiopia.


[Ghana] Rendeavour rolls out American Tower communications infrastructure at Appolonia City 16-01-2019 | 06:28:11
Appolonia City has partnered with ATC Ghana, a subsidiary of American Tower Corporation, to deploy cell towers within Appolonia City's 2,325-acre development in Greater Accra.


[Column] Hark-sang Kim: What will the next phase of smartphone innovation bring? 16-01-2019 | 05:55:01
In light of modest global sales recently, some observers say that smartphone innovation has hit a bottleneck, as new devices bear more iterative upgrades instead of groundbreaking features.


[Kenya] Lendable closes second round of asset-backed pass-through notes with institutional investors to expand access to credit across sub-Saharan Africa 16-01-2019 | 05:39:00
Lendable, Inc. has announced the closing of an innovative secured dual tranche 36-month note program, called Multi-Originator Segregated Portfolio 2, or “MOP2”.


MEST Africa opens applications for its second annual MEST Africa Challenge 16-01-2019 | 05:32:13
MEST Africa has opened applications for its second annual MEST Africa Challenge, a Pan-African pitch competition for scale-ups based in Ghana, Nigeria, Kenya, South Africa or Cote d’Ivoire.


Alibaba trains Rwandan Government officials on enabling a digital economy 16-01-2019 | 05:25:00
Alibaba has this week trained delegates from the government of Rwanda on enabling a digital economy in a four-day workshop dubbed the New Economy Workshop.


[Kenya] Mobile lender, Branch, raises Ksh 500M for local expansion 16-01-2019 | 05:17:37
Digital lender Branch International has today announced its largest commercial paper issuance to date, raising Ksh500 million, following a Ksh350 million issuance in 2018 and a Ksh200 million issuance in 2017.


Fraudsters sell South African Social Security Agency cards in latest scam 15-01-2019 | 09:36:00
The South African Social Security Agency (SASSA) has warned the public to be aware of fraudsters selling SASSA cards on social media.


[South Africa] Vodacom Video Play secures rights to live stream 2018-19 FA Cup 15-01-2019 | 08:31:15
Vodacom, through its entertainment-streaming platform Video Play, has secured the rights to live-stream the 2018-19 FA Cup, the oldest national football competition in the world.


[Uganda] Gemalto awarded contract to fast track border crossing e-Kiosks at Entebbe Airport 15-01-2019 | 08:24:00
Gemalto in cooperation with local partner SCINTL, has been awarded the contract for the supply of a Border Management System including airport self-service eKiosks at Entebbe Airport.


Versa Networks and BringCom roll out improved network connectivity solutions in East and West Africa 15-01-2019 | 08:19:39
Versa Networks and BringCom Incorporated have rolled out a joint solution to deliver Versa's best-in-class SD-WAN capabilities to East and West Africa.


[Kenya] Uber launches UberASSIST targeting disabled and elderly customers 14-01-2019 | 09:00:00
Taxi hailing company Uber has launched UberASSIST in Nairobi.


 


 
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