Year 8 | Edition 17 | 17 December 2021
 

DPO Group partners with Amadeus to offer mobile money payments for international airline customers across Africa

Amadeus, a global player in travel technology, has partnered with pan-African digital payments company, DPO Group, to enable digital payments for regional and international airlines.

Amadeus's airline customers will be able to accept local payments, including via mobile money and card payments, allowing international airlines to operate locally and African airlines to expand globally. DPO is connected to multiple regional and international airlines via Amadeus's airline...

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Nigeria Startup Bill poised to unlock digital potential

Nigeria has moved a step closer to rolling out its landmark Nigeria Startup Bill (NSB) that will further deepen the country’s technology ecosystem and enable a sector on the cusp of exponential growth.

The Presidency and leaders of the Nigerian technology industry have worked on the bill which has now been approved by the Federal Executive Council and is being sent to the National Assembly by President Muhammadu Buhari. The Federal Executive Council approved the bill on Wednesday...

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ATI provides liquidity guarantee for 20 MW Golomoti solar plant in Malawi

In line with its strategy to address the gap in Africa’s renewable energy sector, the African Trade Insurance Agency (ATI) has supported the financing of the Golomoti solar PV, a 20 MW solar power plant in Malawi.

This is the fourth project to benefit from the Regional Liquidity Support Facility (RLSF) since the launch of the facility. RLSF, an initiative launched in 2017 by ATI and KfW Development Bank, was created to help tackle climate change and attract additional investments by supporting renewable energy...

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Writer Information, Morphisec partner to deliver unified cyber threat prevention platform in Africa

Writer Information Management Services (Writer Information), a unit of Writer Business Services and India's comprehensive information management company, announced its cyber security services partnership with Morphisec, to offer its cyber threat-prevention platform in the GCC region.

This partnership aims at offering Morphisec’s patented Moving Target Defense technology across advanced endpoints, virtual desktops, cloud workload and servers. Morphisec is the latest entrant into Writer Information’s compelling and...

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[Kenya] Telkom and Britam partner on mobile and insurance product

Telkom Kenya, and the financial services group Britam Holding, have partnered to launch a mobile-based insurance product.

Known as Life Bila Noma bundle, the product will see customers benefit from a bespoke mobile and insurance bundle that includes mobile data, voice minutes, SMS, personal accident and last-expense insurance. It will be available in two options, Life 200 and Life 300. Life 200 at a monthly cost of only KES 200 will provide monthly insurance...

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Cassava Technologies and ITC Secure announce joint venture to expand Microsoft cloud security expertise in Africa

ITC Secure (ITC), a leading advisory-led cyber security services company and a Microsoft Gold cyber security partner, and Cassava Technologies, the pan-African technology leader, announced today that they have entered into a Joint Venture (JV) to build and launch an extensive portfolio of cyber security services, powered by Microsoft Azure cloud technologies in Africa.

Hardy Pemhiwa, the CEO of Cassava Technologies said: “Digital transformation in Africa is accelerating the adoption of cloud services which is creating an urgent need to better...

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IBM appoints Julia Carvalho as General Manager for IBM Growth Markets in Africa

IBM has announced the appointment of Julia Carvalho as General Manager for IBM Growth Markets, Africa. 

Ms. Carvalho will be responsible for IBM’s business operations, growing our partner ecosystem and driving client satisfaction across multiple regions in Africa. With an increased focus on the partner ecosystem in Africa, Ms. Carvalho will lead the drive to strengthen the IBM business on the continent through a deeper level of technical expertise and industry experience to build growth for our company, clients..

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APOC appoints Pete Allwood as Vice President, Business Development, EMEA

APOC has appointed industry specialist, Pete Allwood as Vice President, Business Development, to guide and focus its expansion programme throughout the EMEA region. 

His primary responsibilities will be the development and execution of sales and programme initiatives designed to maximise APOC’s growing specialism in narrowbody aircraft and engine support. Previously regional head for Europe, Middle-East, Africa (EMEA) at Killick Aerospace, Allwood will build upon his business development experience gained in...

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[South Africa] SAA signs interline agreement with CemAir to extend route network reach

South African Airways (SAA) has signed a co-operation agreement with local and regional carrier CemAir, to extend the route network reach of both operators and offer customers using both airlines on a multi-destination voyage a seamless check-in experience.

Thomas Kgokolo, SAA’s Interim Chief Executive Officer said, ''Airlines the world over constantly strive for efficiency and the benefit for the customer is that this agreement is convenient and lowers the cost of booking one ticket instead of two...

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African mobility fintech Moove enters Kenyan market, broadens vehicle financing to bikes and trucks

Moove, an African mobility fintech, has launched operations in Nairobi, its first city in East Africa and sixth on the continent.

To expand their vehicle and product offerings to customers, the revenue-based vehicle financing company has partnered with Uber to allow ride-hailing and delivery drivers to purchase motorcycles for Uber Connect, UberEats deliveries and UberBoda trips. In addition, following its recent partnership with pan-African e-logistics platform Lori Systems, Moove...

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MTN Nigeria bids for 3.5GHz spectrum license to enable 5G rollout

MTN Nigeria has announced that it has been successful in its bid to acquire one of the two 100MHZ spectrum licenses in the 3.5GHz spectrum band auctioned by the Nigerian Communications Commission (NCC).

This is a significant step towards achieving the goals of the Nigerian National Broadband Plan (2020-25). Acquisition of the spectrum will enable the rollout of 5G services to MTN Nigeria’s customers. Fifth generation (5G) mobile network technology offers faster data speeds and lower latency...

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IFC partners with Bank of Africa to expand SMEs lending in Kenya

IFC has partnered with Bank of Africa Kenya (BOA Kenya) to spur private sector growth and promote access to finance in Kenya, including for women-owned businesses and businesses focused on addressing climate change.

Through the partnership, IFC will enter a risk-sharing facility with BOA Kenya that will help the bank scale up lending to small and medium-sized enterprises (SMEs). The facility will cover 50 percent of losses on all eligible loans that BOA Kenya extends to SMEs, up to the equivalent of $5 million in local...

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[Nigeria] Online learning platform Edukoya announces $3.5M pre-seed led by Target Global

Lagos- and London-based startup online learning platform, Edukoya has raised $3.5 million in a pre-seed round led by Target Global.

Other participating angel investors in the round included European and African founders such as Shola Akinlade - CEO and co-founder of Paystack (acquired by Stripe), Babs Ogundeyi and Musty Mustapha - founders of Kuda, Brandon Krieg and Ed Robinson - founders of Fintech Stash and Raffael Johnen - CEO of Aux Money among others. Launched in...

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[Kenya] Wowzi raises $3.2 million seed funding to expand across Africa

Kenyan startup Wowzi has raised $2 million in seed funding to expand its digital marketplace across Africa. The round was led by 4DX Ventures with participation from To.org, Golden Palm Investments, LoftyInc Capital, Afropreneur Angels, and Future Africa.

Other participants in the round included Andela co-founder Christina Sass, and former Andela executives Jessica Chervin, Justin Ziegler, as well as Johnny Falla, who currently serves as chief development and growth officer at Wowzi. This round...

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Four Nigerian tech start-ups shaking up the global tech ecosystem

Helium Health was founded in 2016 by three incredible young Nigerians The technology start-up ecosystem in Nigeria is one of the fiercest on the continent falling short to South Africa and Kenya. On a daily basis, young Nigerians look for various ways to add value to themselves for survival.

Through the hustle and bustle of some of Nigeria’s biggest cities, tech-labs that educate young Nigerians on how to code and make efficient use of the internet spring up regularly. To validate how the system has grown in a short space of time...

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GhanaWeb Reporter presented to bloggers and citizen journalists

AfricaWeb Editor-in-Chief, Ismail Akwei, presenting the GhanaWeb Reporter at the Bloggers Summit Scores of bloggers and citizen journalists at the 2021 Ghana Bloggers Summit in Accra, Ghana, were introduced to the innovative GhanaWeb Reporter platform built by AfricaWeb to democratise journalism and support content creators to make a living.

Editor-in-Chief of AfricaWeb, Ismail Akwei, took the participants through the features and benefits of the GhanaWeb Reporter in a presentation under the topic: the future of digital publishing and the promotion of citizen...

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[Nigeria Business Week] Andrea Ayemoba: The 'ember' months performance review

The end of year (fondly referred to as ‘ember months’) tends to bring about anxieties of different sorts among Nigerians – prices run higher, certain goods get scarce, long lines form at gas stations, the dry season affects food production and availability, and on and on it goes.

This does take away from the natural joy that Nigerians feel as they see another year roll by – Christmas and New Year are a big deal. Running parallel with the celebrations is the inevitable reflection of the year’s performance in economic...

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[Africa Cloud Review] Simon Ngunjiri: Digital Marketers and now taking full advantage of cloud

Most African organizations are turning to the cloud to help them succeed in the face of the growing demand for flexible workplaces. As we mentioned in our previous column in countries like South Africa, although only around 5% of the South African enterprise market is fully on the cloud, many more are now considering this option

Hybrid work scenarios, e-commerce modernization, distance learning, and online religious services, formerly unthinkable worldwide, are now commonplace thanks to cloud computing. This is according to a recent whitepaper published by Pawa...

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[Interview] Janek Winand, Managing Director, Siemens Gamesa, South Africa

Janek Winand is the Managing Director of Siemens Gamesa South Africa,  a leader in the renewable energy industry, working to provide the world's best offshore and onshore wind turbines and services. He joined Siemens Gamesa in 2008 and has been the Managing Director since 2015. 

You offer a wide range of products across the energy value chain in Africa. Tell us about this

Siemens Gamesa has been pioneering wind energy onshore projects in Africa for 33 years. Installations total 4 GW in countries such as Egypt, South Africa and Morocco, where we have offices and a blade factory, as well as in Kenya...

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[Column] Leon Kiptum: Kenya’s economy could benefit from fintech growth and innovation

Financial technology (Fintech) has been a key driver of growth in the financial services sector in the face of the ravages of the COVID-19 pandemic.

As countries around the world move past the economic downturn brought about by the pandemic, with governments mooting strategies to jumpstart frail economies, fintechs have improved access to financial services to the unbanked and underbanked populations. The pandemic exposed and perhaps exacerbated the financial inclusion gaps among the...

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[Africa Tech Review] Duncan Mochama: Safaricom expands its smartphone financing plan

Kenya’s leading telco Safaricom has launched a number of interesting products this week. Safaricom partnered with Google and Transsion, the company behind TECNO, Infinix and itel to add new devices under its Lipa Mdogo Mdogo smartphone financing plan. 

It also announced the expansion of its Baze platform to include music, enabling its customers to enjoy a mobile-first, ad-free, music streaming experience from as little as KES 10 per day. Earlier in the week, the telco also partnered with...

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[East Africa Business Week] Bob Koigi: East Africa positions itself as investment destination of choice

The East African community continues to live up to its billing as a prime investment destination for investors going by the flurry of activities and developments that have been witnessed lately featuring multinationals, venture capitalists and game changing deals.

The region’s businesses and startups continue to grow their foothold beyond East Africa, buoyed by demand for their services and competitiveness of their offerings.  Numerous studies posit that the East African economic growth is poised...

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News Headlines

23-04-2024 | 12:31:19
Ethiopian Airlines launches a new service to Warsaw, Poland
The new route, ET 764 from Addis Ababa to Warsaw via Athens, will operate on Mondays, Wednesdays, Fridays, and Sundays. Return flight ET 765 from Warsaw to Addis Ababa via Athens will  on Mondays, Tuesdays, Thursdays, and Saturdays.


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.


 


 
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