Year 8 | Edition 4 | 12 March 2021

MTN acquires 10MHz spectrum from Intercellular Nigeria

MTN Nigeria has acquired additional 10MHz spectrum in the 800MHz band from Intercellular Nigeria Limited.

The Nigerian Communications Commission (NCC) has approved the transaction and assigned the frequency to MTN Nigeria. The acquisition will significantly improve customer experience, in line with our commitment to deliver excellent service quality to our subscribers. Commenting on the acquisition, Karl Toriola, Chief Executive Officer, MTN...

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RES4Africa, SAPVIA partner to strengthen collaboration for Africa’s energy transition

Renewable Energy Solutions for Africa Foundation (RES4Africa) and South Africa Photovoltaic Industry Association (SAPVIA) signed a Memorandum of Understanding to deepen their cooperation in the promotion and implementation of sustainable energy solutions as key catalysts to empower and transform Africa.

The agreement aims at strengthening the parties’ engagement in information sharing, consultations, network building and implementation of common initiatives and projects for the...

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IFC invests in Savannah Fund to support Africa’s tech startups funding growth

IFC, a member of the World Bank Group, announced an investment in the Savannah Fund, a technology seed fund in Africa, to increase lending to startups across sub-Saharan Africa with a focus on supporting women entrepreneurs and disruptive companies in high-growth sectors.

IFC led the fund's first close investing $3 million in the $25 million fundraising. The Women's Entrepreneurs Finance Initiative, or We-Fi, invested $500,000. This is Savannah Fund's second seed fund. The fund will provide early-stage...

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Visa affirms commitment to Digitize Payments in Ethiopia

Visa has affirmed its commitment to expanding digital payments in Ethiopia at its inaugural Ethiopian Visa Payments Forum. The event brought together key stakeholders from the digital payments industry to explore opportunities to further advance Ethiopia’s growing payments ecosystem.

Visa says it will be working closely with the financial ecosystem in the country to bring the benefits of digital commerce and money movement to consumers, merchants, financial institutions and government partners Marking a...

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Ghana’s healthcare startup mPharma to launch Haltons Pharmacies in Ethiopia

Ghanaian health tech startup mPharma has signed a franchise agreement with Belayab Pharmaceuticals to open Haltons Pharmacies in Ethiopia

Through this agreement, mPharma will leverage its technology platforms, insights, and extensive experience working with hospitals and retail pharmacies across Africa to help Ethiopia achieve universal medical coverage to all its patients. mPharma and Belayab Pharmaceuticals aim to open two operational pharmacies in Addis Ababa this year...

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[Interview] Elizabeth Akinyi, Customer Success Manager, Incentro Africa

Elizabeth Akinyi is the Customer Success Manager at Incentro Africa, an IT service provider delivering custom build cloud-based software solutions for the European and African market.

Kindly introduce yourself and your role at Incentro Africa

My name is Elizabeth Akinyi, I joined Incentro Africa in 2018. I am Google Workspace certified deployment specialist and Professional collaboration Engineer. At Incentro, I lead our Enterprise Collaboration services across 26 countries in Africa including French-speaking nations. At the core of this...

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[Africa Tech Review] Duncan Mochama: Digital Payments are key to financial inclusion in Africa

Digital payments have become a very crucial service in Africa. Every day, millions of transactions are transacted across the continent leading to the rise of different payment technologies like Mpesa.

In fact, in the financial year 2018/2019, M-Pesa was the leading digital payment platform in Africa. This is according to data from Statista. In the same year, M-Pesa counted 11 billion transactions, which was more than card payments with African cards and PayPal transactions. These payments...

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News Headlines

22-04-2021 | 09:01:42
TGI Distri launches Kleansol Toilet Cleaner in Nigeria
TGI Distri, a manufacturer of quality home care products in Nigeria, has launched into the market Kleansol Toilet Cleaner which contains power active ingredients with 99.9% efficacy in killing all forms of bacteria in and around the toilet area.

22-04-2021 | 06:42:33
Nigerian Economic Summit Group appoints new Board Directors
The newly appointed directors will collaborate with the current board members to drive the mandate on Nigeria’s foremost think tank and policy advocacy group in the national interest.

21-04-2021 | 14:18:50
Sommet Education expands its global footprint with acquisition of South Africa's Invictus Education
Sommet Education together with Invictus Education Group announced that Sommet Education is acquiring a majority stake in Invictus Education alongside its historical shareholders.

21-04-2021 | 13:45:42
KAS Africa secures $10 million investment to expand operations
KAS Africa, a contract manufacturer of personal, home, baby and oral care FMCG products, has received an investment with an aggregate value of $10 million from TRT Investments Limited.

21-04-2021 | 08:02:00
Sasol, Toyota South Africa Motors announce green hydrogen mobility partnership
Sasol and Toyota South Africa Motors (TSAM) announced the formation of a partnership to commence exploration of the development of a green hydrogen mobility ecosystem in South Africa.

21-04-2021 | 06:17:00
Domino's Pizza opens first store in Ghana
Domino's Pizza Inc. one of the largest pizza companies in the world based on global retail sales, is continuing its global growth momentum, as the first Domino's store in Ghana is now open.

20-04-2021 | 07:18:39
Coca-Cola to sell part of its shareholding in Coca-Cola Beverages Africa via an IPO
The Coca-Cola Company and Coca-Cola Beverages Africa (CCBA) have announced plans to list CCBA as a publicly traded company.

19-04-2021 | 13:53:29
Gateway Real Estate Africa to build office development at Appolonia City in Ghana
Gateway Real Estate Africa (GREA), a private real estate development company specialising in turnkey construction in Africa, announced that it will build its first commercial office building in Ghana at Appolonia City

19-04-2021 | 06:57:45
Egypt, South Sudan sign MoU to build integrated crop livestock fish farming
Egypt and South Sudan signed have signed a memorandum of understanding to build an integrated farming of crop, livestock and fish.

16-04-2021 | 14:52:00
Gabon launches technical training hub to revolutionize skills for economic diversification
The Centre is equipped with high-tech teaching equipment with a capacity to accommodate 1,000 learners who will study in the fields of mechanical engineering and maintenance of agricultural construction machinery.

16-04-2021 | 09:18:48
NAS launches ground handling operations in Democratic Republic of Congo
National Aviation Services (NAS), the aviation services provider in emerging markets, announced the launch of its operations in the Democratic Republic of Congo (DRC).

15-04-2021 | 13:13:00
UNDP and GISD Alliance launch platform to facilitate private sector investments in SDGs
SDG Investor Maps is a unique tool that allows investors identify the impact/sustainability areas that, combined with high return, can be game changers in their portfolio.

15-04-2021 | 12:32:46
Africa receives its first Level D helicopter full flight simulator
The simulator allows pilots to train in complete safety for a variety of complex situations (adverse weather conditions, helicopter failures and emergencies), that could occur in the during actual flight operations.

15-04-2021 | 11:09:00
Desalytics Water Solutions finalizes Kenyan acquisition
Desalytics Water Solutions, a company specializing in the distribution of water treatment and water quality consumables, has strengthened its operations in Sub-Saharan Africa with the closing of its acquisition in Kenya.

15-04-2021 | 06:12:00
[Kenya] KEPSA partners with The Canada-Africa Chamber of Business to boost trade and investment
The Kenya Private Sector Alliance and The Canada-Africa Chamber of Business have announced collaboration to promote, support and facilitate bilateral trade and investment opportunities from Canada into Kenya.


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