Year 5 | Edition 1 | 14 January 2022
 

Irish fintech Pipit Global and Cellulant extend partnership to 12 new African markets

International cash payments platform Pipit Global and Cellulant have extended their partnership agreement to now include eighteen countries in Sub-Saharan Africa.

The partnership will see the companies providing both B2B and B2C payments services to existing and emergent financial institutions, eCommerce merchants, billers and billing platforms, mobile money providers and eWallets, digital financial service providers, and their customers. Despite the...

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Quantum extends video surveillance offerings across the Middle East and Africa with Mobius

Quantum has signed its agreement with value-added distributor (VAD) Mobius to deliver the industry’s broadest security and video surveillance infrastructure portfolio available from any single vendor, across the Middle East and Africa regions (MEA).

The partnership allows Mobius, the emerging distributor within the video surveillance market in MEA, to now offer customers Quantum’s entire security infrastructure portfolio, from high-performance NVRs, to hyperconverged infrastructure (HCI)...

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Foodics grows MENA footprint with acquisition of provider of restaurant cloud technology POSRocket

FOODICS , the Saudi Arabian-based Gulf Cooperation Council (GCC) restaurant technology leader, has announced its first acquisition, with full ownership of POSRocket , the second largest provider of restaurant cloud technology in the Middle East and North Africa (MENA).

The acquisition is a strategic move by the two companies and allows Foodics to consolidate itself in the market, as well as to assume market leadership in Egypt, Kuwait , Oman and Jordan, in addition to the dominant position it already held...

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Ethiopian Cargo and Logistics Services avails online air cargo booking platform

Ethiopian Cargo & Logistics Services, Africa’s largest network operator has launched a new feature that enables customers to make online reservations for their cargo.

The platform enables customers check flight schedules, space availability, loadability of freight and makes real-time booking of their shipment in single and convenient way on cargobooking.ethiopianairlines.com. Ethiopian Cargo & Logistics Services is rolling out the online booking...

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[Kenya] TransUnion Africa appoints Morris Maina as CEO for its Kenyan operations

Information and insights company TransUnion Africa has announced the appointment of Morris Maina as chief executive officer (CEO) of the company’s rapidly-growing Kenyan operation.

Maina will be responsible for growing the company’s increasingly broad range of fraud and risk solutions, leveraging its global expertise for the benefit of the local market. TransUnion helps Kenyan businesses to form trusted relationships and make more informed decisions, and...

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[Ghana] Health-tech startup mPharma secures $35million Series D funding for expansion

Ghanaian health tech startup mPharma has raised $35 million in a Series D round led by Citigroup Inc.

Other investors that participated in the round include AM Fund, a venture capital firm founded by Tinder co-founder Justin Mateen, Unbound, a growth investment firm founded by Shravin Mittal, managing director Bharti Global Limited (Bharti family investment arm), and Lux Capital, a New York City-based VC firm investing in science and technology ventures, were among the investors in the round. Northstar, Social...

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Ivorian e-commerce startup Afrikrea raises $6.2M in pre-Series A, rebrands to “ANKA”

Afrikrea, an Ivorian e-commerce startup has raised $6.2M pre-Series A round led by Investisseurs & Partenaires. The startup has also rebranded to  “ANKA”.

The new investment includes participation from Alibaba’s Executive Vice Chairman Joe Tsai, BESTSELLER Foundation, VestedWorld, Enigmo, Groupe Prunay and Rising Tide Africa. They join existing investors SAVIU Ventures (who is also participating in the round), Lofty Inc, Kepple Africa, Consonance, id4 Ventures and Thierry Petit. The additional...

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Kenyan BNPL startup Lipa Later secures $12m funding to expand across Africa

Lipa Later, one of it’s kind buy-now-pay-later (BNPL) company operating in Kenya, Rwanda, Uganda and Nigeria, has raised $12 million from a consortium of investors.

The funding, which is  a mix of equity and debt, will help Lipa Later expand within its current markets (Kenya, Uganda, Rwanda) and into new markets such as Nigeria, Ghana and Tanzania. It will also allow Lipa Later to provide its Buy-Now-Pay-Later services to its substantial current pipeline of consumers supporting Lipa’s exclusive partnerships with...

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Huawei partners with African universities to train 700,000 ICT professionals

Huawei Technologies has set an ambitious target of training nearly 1 million new ICT professionals in partnership with universities in Africa.

Under the theme of “Connection, Glory, Future“, Huawei has invited bright university students from 70 countries and pursuing ICT courses to test their skills and competence through an intense assessment. They are tasked with designing and building innovative solutions on Huawei technological platforms, including the Cloud to address areas...

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[Nigeria Business Week] Andrea Ayemoba: Nigeria sets course to unify industry benefits, lead Africa's 5G

Following a turbulent year of stock market fluctuations, restrictions related to an ongoing pandemic and varying economic instabilities, predictions on Nigeria’s performance last year ranged from inferior to mediocre to excellent. 

Covid-19 limitations caused a dip in SME’s contributions to GDP and capital importations rose 97% as of Q3 2021. Growth trends could be observed in industries like Agritech, Startups, ICT and Banking, while others like Insurance, Manufacturing...

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[Column] Laurent Sarr: Why digital identities are the new frontier

Whenever a user, or consumer, creates a profile or account on any online platform, they must have a unique way to identify themselves and give them access to their data.

This is the same when it comes to gaining access to your devices and receiving government services. Identity authentication ensures that your data is protected against fraud and theft. This authentication process usually includes three main elements: usernames, passwords, and your device or email account. However, as cybersecurity becomes more...

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Agile software is a boon to manufacturing for Ghana and Rwanda

When Zipline, the operator of the world’s largest autonomous drone delivery system, began building its logistics service to deliver medicines, vaccines, and medical supplies to health facilities across rural Africa, the company needed a development and manufacturing process that could quickly incorporate design improvements.

It also needed to remain flexible so it could cater to different customers and geographies. The company concentrated on solving the most challenging problems in the early design...

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[Column] Andrew Bourne: What will online privacy and security look like in 2022?

In many ways, 2021 was a landmark year for online privacy. In April 2021, Apple rolled out an update allowing users to opt out of app tracking, with most iPhone users having done so by the end of the year.

There were even talks to disable tracking technology on the world’s most popular web browser. We also saw movement on the legislative front, with South Africa’s Protection of Personal Information Act (POPIA) coming into effect in July. (Kenya and Nigeria’s equivalent acts came into effect in 2019)...

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We provide business solutions on a large scale - CEO of Wragby Business Solutions and Technologies

Dr. Oluyomi Alarape, CEO of Wragby Business Solutions and Technologies Dr. Oluyomi Alarape is the current Managing Director and Chief Executive Officer of Wragby Business Solutions and Technologies. He assumed leadership of the company in January 2021, prior to which he served as its Executive Director.

Could you introduce your company to us?

Wragby Business Solutions and Technologies is a proven leader in the technology space across Africa, the first and only Azure MSP expert in the sub-Saharan Africa...

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