Year 3 | Edition 4 | 5 February 2020
 

[Kenya] Microsoft reaffirms its commitment to Africa’s financial services industry

The financial services industry has been at an inflection point. Regulatory requirements have been on the climb, consumers have begun expecting highly personalised experiences while security threats remain dynamic.

The challenges for banks, insurers, payments tech providers and others are high. To reaffirm its ongoing commitment to the financial services industry (FSI) Microsoft participated in the 2nd Annual Africa Banking and Finance Innovation...

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[Nigeria] Carbon unveils new iOS app

Carbon, Nigerian digital financial services company, has unveiled an iOS app, making it the first digital lender in Africa to be able to initiate and complete an entire loan cycle via an iOS app. 

Carbon (formerly Paylater) pioneered instant lending in Nigeria and was the first mobile app that provided access to credit digitally and without requesting individuals to present the documents and collateral traditionally associated with accessing loans. With the new iOS app, as with the existing...

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[Kenya] Jumia opens its platform for brands to advertise as it seeks to raise more revenue

Kenya's leading e-commerce platform, Jumia, has opened up its online platform to brands and corporate organizations for advertising as it seeks to raise move revenues. The company's CEO, Sam Chappatte, made the disclosure during the launch of Jumia Advertising Services (JAS) at Movenpick Hotel today.

"20% of active internet users in Kenya are on Jumia each month. We know our customers well - what they shop, how much they spend, etc - and can use this to present relevant...

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[Column] Stephane Duproz: The rise of data centres in Africa

Now and again, a new Information and Communication Technology (ICT) solution sees a combination of factors unite to create a ‘perfect storm’ of demand – one that is exacerbated by the various vendors’ inability to keep pace with it.

One such industry is the multi-tenant colocation data centre market in Africa, which is poised on the brink of hugely accelerated growth, driven by several factors, including a soaring demand for cloud services, pressure by regulators to...

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Africa Business Communities Networking Event | Nairobi | 13 February 2020
Africa Business Communities is open for networking! Every last Thursday of the month you are welcome to meet our team and network. This edition Africa Business Communities founder Bas Vlugt will join us.

Please note: this is an open, informal, non-sponsored networking event. There will be no program - so no waste of time - this is pure business networking. You will be...

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News Headlines

17-02-2020 | 10:28:00
[South Africa] Internet Solutions, Liquid Telecom partner on wholesale 5G services for enterprise businesses
Liquid Telecom South Africa, part of the pan-African telecoms group Liquid Telecom, has partnered with Internet Solutions to provide them with wholesale 5G connectivity.


17-02-2020 | 09:05:00
Digital transformation reshapes ICT investment in the oil and gas industry
Businesses from the Middle East and Africa's resource industries including oil & gas mining, other mining, and agriculture, spent $5.17 billion on information and communications technology (ICT) in 2019.


17-02-2020 | 07:32:00
MPESA Foundation, partners invest in two maternal health centers
Maternal health services in Kenya’s Samburu County has received a major boost after M-PESA Foundation constructed and equipped a new born unit at Maralal Referral Hospital.


17-02-2020 | 07:25:00
[South Africa] Stellenbosch University, University of Cape Town invest in University Technology Fund
Stellenbosch University (SU) and the University of Cape Town will be co-investing with the newly established R150-million University Technology Fund


14-02-2020 | 13:07:48
Uber and African Management Institute launch project to educate and empower women entrepreneurs
Uber has launched a high-impact learning programme to help women drivers and those in their communities to develop the skills needed to thrive as independent entrepreneurs and make the most of earning opportunities.


14-02-2020 | 11:00:00
QURAS partners with Blockchain Nigeria User Group to extend reach across the continent
QURAS, a next-gen blockchain protocol that enables anonymous, private-protected transactions, has partnered with the blockchain non-profit association in Africa, Blockchain Nigeria User Group.


14-02-2020 | 06:33:16
[Kenya] Wapi Pay raises capital to scale operations across Africa
Singapore and Kenyan based Fintech startup ‘Wapi Pay’ has raised seed capital through the accelerator Future Hub making it its first Fintech Investment in Africa.


14-02-2020 | 06:28:00
Kamari and ZeU to deploy blockchain-based medical record and identity system across Africa
Kamari and ZeU Crypto Networks have announced a plan to roll out a new blockchain-based identity and medical record system across the African continent.


13-02-2020 | 08:15:54
Parallel Wireless and Robin.io extend partnership agreement
The partnership aims to help global Mobile Network Operators bring benefits of automation in the webscale data center to the heterogeneous embedded systems environment of the RAN across 2G, 3G, 4G and 5G.


13-02-2020 | 08:07:00
[Egypt] E-health startup Vezeeta raises $40m Series D funding round
Egyptian e-health startup Vezeeta has raised a US$40 million Series D funding led by UAE-based Gulf Capital, alongside further investment from existing Riyadh-based investor Saudi Technology Ventures (STV).


13-02-2020 | 07:48:28
[Column] Tamara Parker: Digitization, unemployment and the future of work in South Africa
In less than a month, South Africa has witnessed a massive wave of rentrenchments, as companies across multiple sectors have announced job cuts running into almost 10,000.


13-02-2020 | 06:19:26
GE hosts female students in Ivory Coast to STEM roundtable
Science, Technology, Engineering and Mathematics (STEM) studies are becoming increasingly important for the continuous development of innovative solutions to solve challenges in diverse sectors.


13-02-2020 | 05:54:00
Intra African remittances to soar to record numbers in 2020, WorldRemit predicts
Online international money transfer company WorldRemit predicts that 2020 will be the year of intra-African remittances.


13-02-2020 | 05:34:35
SES’s and Gilat Telecom restore internet connectivity in DRC
Gilat Telecom and SES have announced that they have restored internet connectivity in the Democratic Republic of Congo (DRC) just four days after the West Africa Cable System (WACS) undersea cable cut.


13-02-2020 | 05:21:00
Paxful ready to build on its African market success in 2020
Paxful believes that the world has much to learn from Africa about the future of the crypto-economy and that 2020 will be a landmark year for the African crypto and blockchain industry.


 

 
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Editors: Nixon KanaliBob KoigiAndrea AyemobaPie Kamau

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