Year 3 | Edition 9 | 11 March 2020
 

MTN reports commercial momentum, announces stepping down of CEO

MTN Group has announced an encouraging set of results for the year ended 31 December 2019 and that group president and CEO Rob Shuter would be stepping down from his role at the end of his contract in March 2021.

Commenting on the results, Shuter said: “In 2019, the 25th anniversary of MTN Group, we delivered commercial momentum across our operations as well as great progress in our strategy and strong financial results, despite challenging trading conditions. We added 18 million customers to reach...

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Facebook's Community Accelerator Programme targets projects from Kenya, South Africa and Nigeria

Facebook has launched a Community Accelerator programme that will target projects and initiatives from three sub-Saharan Africa (SSA) countries – South Africa, Kenya and Nigeria.

The programme is part of Facebook’s mission to give people the power to build community around the world and its commitment to supporting the community leaders who drive change....

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[South Africa] Communications, Digital Technologies welcomes Vodacom, Competition Commission agreement to reduce data prices

Communications & Digital Technologies Ministry and ICASA welcomes steps taken by the Competition Commission to facilitate data prices reduction at the retail level of the market.

The Ministry of Communications & Digital Technologies and the Independent Communications Authority of South Africa (ICASA) welcomes the announcement and agreement reached between the Competition Commission and Vodacom in ensuring that the cost of data is reduced, thereby aligning...

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SWVL names former Uber Kenya Country Manager its new General Manager

Egyptian shuttle-hailing company SWVL has today announced the appointment of Dip Patel as its General Manager in Kenya.

Until his appointment at SWVL, Patel was the Head of Growth at Apollo Agriculture – a Kenyan technology company that helps small-scale farmers maximize their profits. Prior to that, he served as Uber’s Country Manager in Kenya having started as the company’s first Marketing Manager for East Africa, a role that saw him contribute to the brand’s launch and...

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Orange Digital Ventures Africa invests $1.5 million in Youverify Nigeria

Orange Digital Ventures Africa has announces its latest investment on the African continent by leading the $1.5m seed investment round in Youverify.

The start-up, founded in Lagos, Nigeria automates identity and background verification processes, primarily serving financial and telecommunication service providers. Youverify is the fifth company to join the portfolio of Orange group’s African investment initiative. Financial and mobile payment services continue to accelerate their development on the continent...

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[South Africa] Cloud platform builder Jini Guru partners with Azilen to build advanced payment and banking solutions

Local cloud platform builder, Jini Guru, has partnered with Azilen Technologies, a product engineering company, to build innovative fintech solutions for emerging markets.

Mike Smits, co-founder, Jini Guru, says that the collaboration between the two companies brings immense skills to the local fintech market. “Azilen has over a decade of lean product engineering experience across a variety of vertical sectors. Together with Jini Guru’s local fintech knowledge and...

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[Startup Interview] Nathaniel Ndegwa, Managing Director, Tipping Point Media, Kenya

Nathaniel Ndegwa is the Managing Director of Tipping Point Media, a Kenyan digital marketing startup that has now grown its clientele to 15 countries.

Introduce The Tipping Point Media and your role in it

Tipping Point Media is a results driven Digital Marketing firm, with a bias to SMEs and E-commerce. We focus all our expertise in giving small and medium sized enterprises an edge in the market place using the power of internet marketing. I am the Managing Director and a co-founder of the company...

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[Column] Georgie Midgley: Gig economy can bolster job creation in Africa

Artificial intelligence, blockchain architecture, robotics, cryptocurrencies, virtual reality - these concepts are all going to disrupt the way humans work, live and interact. It turns out the 4IR is also being driven by a redefined idea of the labour force.

The gig economy – a model of freelance agents performing short-term, on-demand work – already employs 64 million individuals in the US and European Union, according to research by McKinsey. And the highest-paid gigging jobs are...

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[Startup Interview] Freeman Addico, CEO, Addicnet, Ghana

With customers spread across 10 countries, Pan-African cloud computing and ecommerce solutions provider Addicnet is redefining cloud computing landscape in the continent through its unique offerings. The CEO Freeman Addico explains.

Tell us abit about Addicnet and your role in it

Addicnet is a Pan-African Cloud computing and ecommerce solutions provider aiding African companies to deploy their operations on the cloud with stability, scalability, security, and efficiency. Our solutions span from multi-public cloud...

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[Column] Andrew Skudder: Digital trends that will shape the construction industry in 2020

From cloud computing and artificial intelligence (AI), to 5G and mobility, a key trend in 2020 is the accelerated digitization of construction companies. This is critical for future proofing their businesses and maximizing efficiency and profitability.

As one of the least digitized industries in the world, with about 1.5% of revenue spent on IT compared to an average spend of about 3% across all industries, the construction industry has suffered a notable lack of growth in productivity...

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[Column] Nancy Kiarie: Women in the digital gig economy

he world is increasingly going digital and technology that could only be imagined a decade ago is now reality. The impact of innovation has been seen across all sectors of the economy including health, education, financial services, hospitality and transport, among others.

Innovation has had significant impact in encouraging women’s participation delivery of services enabled by technology platforms. The gig economy is described as an ecosystem that facilitates workers who are either employed or unemployed...

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[Column] Joel Chacko: Harnessing the value of cloud by rethinking how new services are operated

As companies embark on their application and data modernisation programmes and look to the cloud and infrastructure required to support their plans, most land on a hybrid cloud strategy with application and data workloads balanced across both public and private clouds.

Hybrid deployments combine the hyper-scalers’ public cloud benefits of innovation, speed, consumption, and scale with private benefits of regulatory compliance, performance, data gravity, and recouping of existing investments. Hybrid also...

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Wanted: African Tech Startups for Interviews

Africa Business Communities is conducting a series of interviews with startup businesses in Africa.

Are you a startup in Africa and interested in an interview? Great! Send an e-mail to bas@africabusinesscommunities.com. These are some of the Startup Interviews that we have published in the past few months...

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News Headlines

22-01-2021 | 06:12:42
[South Africa] Vodacom zero-rates gender-based violence awareness app
As part of its ongoing commitment to prevent Gender-Based Violence (GBV), Vodacom has zero-rated its Bright Sky SA app, which was launched in November last year.


21-01-2021 | 13:49:22
[South Africa] VMware begins search for new CEO to replace Pat Gelsinger
VMware’s board of directors has initiated a search for a new CEO after Pat Gelsinger stepped down from the position effective 12 February 2021 to lead Intel.


21-01-2021 | 12:58:48
Africa’s mobile fraud losses set to peak in 2021
Africa’s mobile fraud losses will continue to rise above last year’s USD 4 billion to peak at a record USD 5 billion by the end of 2021 if nothing is done to prevent global cybercriminals from looting the continent’s wealth.


21-01-2021 | 12:19:00
Incentro: Not even a pandemic can stop fifteen consecutive years of growth
For the fifteenth year in a row, we have realized growth. Nothing can stop us. Not even a pandemic! Our provisional data shows that in 2020, we produced revenue of almost 57 million euros. That’s a 8.8% growth compared to 2019.


21-01-2021 | 11:37:00
Global fintech company Wari partners with Lycaremit to facilitate cross-border remittance
Wari, a global platform offering digital financial services, and Lycaremit, a world player in remittance and part of the multinational Lyca Group, have signed a strategic partnership that will strengthen and expand their global networks to provide access to money transfer services worldwide.


21-01-2021 | 11:24:10
[Column] Tonny Tugee: Kenya’s digital journey - Where are we now, and where are we going
Kenya’s ICT sector has seen a 10.8% average annual growth since 2016, making it one of the fastest-growing tech environments on the continent.


21-01-2021 | 10:45:14
Digitalisation, extortion and a lucrative vaccine: Kaspersky makes its threat predictions for 2021
Kaspersky shares its vision on what we could face in terms of cyberthreats in such areas as healthcare, education and ICS attacks in 2021.


21-01-2021 | 09:25:34
[Nigeria] Edtech startup uLesson $7.5m Series A round for African expansion
Nigeria’s edtech startup uLesson has raised $7.5 million Series A funding led by Owl Ventures, with inclusion from existing investors, TLcom Capital and Founder Collective and participation from new investor LocalGlobe.


21-01-2021 | 08:25:00
Nigeria’s automotive startup Autochek expands its operations to Ghana
Autochek, the automotive technology company that aims to build solutions for the African market, has commenced operations in Accra, Ghana.


21-01-2021 | 07:00:58
[Column] Pedro Guerreiro: The role of technology in unlocking trade value in East Africa
The latest data – and East Africa's continued focus on transforming its key industries, sectors and infrastructure through technology – is giving me hope that the economic outlook is brightening.


21-01-2021 | 06:03:26
Kaspersky launches tailored threat intelligence reporting for the automotive industry
Kaspersky has now introduced its tailored threat intelligence (TI) reporting for organisations working in the automotive industry, which was previously available for a selected range of customers.


21-01-2021 | 05:43:00
Kenyan Students Awarded First Prize in Huawei Global ICT Competition
Three Kenyan teams that excelled at the Huawei ICT Competition Global Finals have today been awarded at an event held at the Serena Hotel in Nairobi.


21-01-2021 | 05:31:36
[South Africa] Customers demand greater digital engagement from Communication Service Providers, survey
The COVID-19 pandemic is accelerating the move to digital, as large proportions of the population have continued to work, learn and be entertained remotely.


21-01-2021 | 05:21:11
[Column] Andrew Bourne: Addressing Data privacy concerns in the workplace
Whatever state a business finds itself in this year, it cannot afford to ignore data privacy as a key priority especially, now that global and local news networks are covering online privacy quite extensively.


20-01-2021 | 15:35:00
[Column] Arthur Latim: Leveraging Africa’s demographic dividend in the fourth industrial revolution
Africa's tech industry is still at an infant stage, with an industry wide revolution dubbed the fourth industrial revolution. Africa to some extent missed the first, second and third revolution and is yet to miss the fourth industrial revolution (4lR) which is mixed up with industry 4.0.


 

 
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Publisher/Editor in Chief: Bas Vlugt

Editors: Nixon KanaliBob KoigiAndrea AyemobaPie Kamau

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