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

19-04-2024 | 18:05:00
[Free Webinar Business Event] Supply Chain Resilience in Africa: Navigating Global Manufacturing and FX
Join the experts at this comprehensive webinar exploring the intricacies of supply chain management and payment dynamics in African markets.


19-04-2024 | 13:45:33
[South Africa] Johannesburg Stock Exchange proposes amendments to listing requirements
As part of its continued commitment to creating an enabling environment for listed companies, the JSE has announced the proposed amendments to its Listings Requirements to introduce the Market Segmentation Project aimed at the smaller issuers on the Main Board of the exchange.


17-04-2024 | 09:14:46
The Radisson brand enters Cape Town with the newly rebranded Radisson Hotel Cape Town Foreshore
Radisson Hotel Group brings the renowned Radisson brand to South Africa's "Mother City" with the rebranding of Park Inn Cape Town Foreshore to Radisson Hotel Cape Town Foreshore.


17-04-2024 | 07:10:00
The evolutionary journey of fruit slots in the gaming industry
Social media and collaborative gaming platforms added a new dimension to the gaming industry. Now players can share their successes, participate in tournaments, and challenge friends to competitions, adding elements of social interaction and competition.


16-04-2024 | 16:14:00
[South Africa] Volkswagen announces R4 billion investment in Kariega plant
The changes being made in preparation for the production of the new SUV also affords training and upskilling opportunities for Volkswagen Group Africa’s production employees.


12-04-2024 | 16:12:00
Global asset manager Rohatyn Group sells South Africa-based Portfolio Company BevCo to Varun Beverages 
The company operates five manufacturing facilities across South Africa with an installed capacity of 3,600 bottles per minute


11-04-2024 | 16:18:33
South African used car platform WeBuyCars lists on the Johannesburg Stock Exchange
WeBuyCars, a prominent and recognised brand within the pre-owned motor vehicle market, established over 23 years ago, has listed on the Main Board of the Johannesburg Stock Exchange (JSE) under the share code "WBC."


10-04-2024 | 19:33:00
Global Strategies for Success in Africa: Overcoming FX and Payment Hurdles
This event explores the vast potential and unique challenges of expanding businesses in Africa, focusing on mastering international pitches, understanding cultural nuances, and crafting pitches that highlight unique value propositions.


09-04-2024 | 14:13:00
Kenya Airways launches direct flights to Maputo, Mozambique 
The expansion takes flight from 14th June 2024, further solidifying KQ's commitment to strengthening its network and offering seamless travel experiences across the continent. 


05-04-2024 | 17:11:35
Global merchandising firm SPAR Group announces sale of interest in South Africa
These transactions have been approved by the SPAR Board of Directors and are expected to close in the second quarter.


05-04-2024 | 17:07:30
Surf Air enters deal to supply electric powertrains to Tanzanian Cessna caravan operator Auric Air
Surf Air now has approximately 13% of the Cessna Caravan market in Africa under agreement to upgrade to its electrified powertrains, once certified.


04-04-2024 | 15:57:00
Nakonde Border Post upgrade boosts trade between Zambia and Tanzania
Funded by the UK government, the ZMK 197 million (£7.1 million) project will improve the flow of goods and people along the Dar es Salaam Corridor, promising to streamline operations and reduce cargo clearance times by more than 100% on both sides of the border.


04-04-2024 | 11:21:37
East Africa Marine Transport inaugure son premier navire sur le lac Victoria
Après 21 mois de construction, East Africa Marine Transport (EAMT) a inauguré son premier navire sur le lac Victoria.


04-04-2024 | 10:00:00
[Kenya] Mombasa green entrepreneurs launch Zero Waste Festival
Zero Waste Fest culminated a week-long digital campaign dubbed #BeatPlasticPollution aimed at addressing the plastic pollution menace in Mombasa.


03-04-2024 | 16:07:24
Mastercard and Women Choice expand partnership to invest in women entrepreneurs 
  Women Choice - an international organization dedicated to advancing women's personal and professional development - launched the pilot cohort in 2023.The next cohorts will be participating in the new programs this year and will aim to impact 50,000 women.


 


 
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