Year 5 | Edition 56 | 8 September 2022
Tecnotree signs deal with MTN Nigeria for 5G digital transformation

Tecnotree, a Finnish global provider of digital transformation solutions for Communication Service Providers (CSPs) and Digital Service Providers (DSPs), has announced the signing of a multi-million-dollar deal with MTN Nigeria, for the deployment of its 5G ready digital BSS solutions.

The operator is aiming towards providing cutting-edge digital services and they have chosen Tecnotree’s cloud-native BSS Suite 5 to drive this transformation journey. The deal involves establishing Catalogue-driven Order fulfilment using...

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Duplo secures $4.3 million seed funding to transform business-to-business payments in Nigeria

Duplo, a business-to-business payment platform that makes it easier for African businesses of all sizes to pay each other, has raised $4.3 million in seed funding to launch new products and expand into new business verticals in Nigeria.

The seed funding round included Liquid2 Ventures, Soma Capital, Tribe Capital, Commerce Ventures, Basecamp Fund, and Y Combinator. Oui Capital also re-invested after participating in the previous round. Since going live in January 2022, Duplo has seen great traction with FMCG distributors...

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WorldRemit partners with Hello Paisa to ease money transfers to Zimbabwe

International digital remittance companies WorldRemit and Hello Paisa, has announced a partnership to provide cash pickup services throughout Zimbabwe.

This partnership enables Zimbabweans to collect remittances in US dollars at over 120 Hello Paisa payout locations across Zimbabwe. This partnership allows the Zimbabwean diaspora to effortlessly send money back home and provides their loved ones the ability to receive and withdraw the funds through an extended cash pickup network in both rural and peri-urban...

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Wemade invests in Metaverse Magna to expand WEMIX ecosystem in Africa

Wemade, an online video games developer, announced it has participated in the seed funding round for Metaverse Magna (MVM), a P2E guild project from Africa, for expansion of WEMIX ecosystem in Africa.

MVM's parent company, Nestcoin, supports and invests in crypto projects in Africa. It was founded by Yele Bademosi, former director in charge of the Africa region at Binance Labs, who oversaw investments and incubations for startups. Also with MVM as Africa's first and biggest gaming DAO, Nestcoin...

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Digital marketplace platform IAA expands its service footprint to Mexico and Nigeria

IAA, a global digital marketplace connecting vehicle buyers and sellers, announced it has expanded its service footprint of IAA Transport to include Mexico and Nigeria.

Introduced in 2021, IAA Transport has transformed and streamlined the vehicle transport process with a global branch-to-doorstep delivery solution. With this expansion, buyers in Mexico and Nigeria can now generate real-time quotes on any vehicle available for sale or any vehicle purchased by the buyer, both pre-payment and post-payment. The transaction...

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Uber launches a suite of new product and safety features across Sub-Saharan Africa

Uber has announced the launch of multiple new products and features which are going live this month in South Africa, Ghana, Kenya, Côte d’Ivoire and Nigeria.

The launch, which took place simultaneously across various locations in Sub-Saharan Africa (SSA), also showcased Audio Recording, the latest addition to its suite of safety features. Speaking at the event, General Manager for Uber SSA, Kagiso Khaole said the brand is pleased to be expanding into eight more cities during September across Kenya, Nigeria and...

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Cameroonian digital business card provider Taaply raises $500k

The Cameroon-based Taaply, which began life digitising business cards, has raised US$500,000 in funding as it announces the release of a new app and website update.

Launched in 2021, Taaply is a digital business card solution aimed at cutting down on carbon emissions in Africa. The startup has evolved since Disrupt Africa first spoke to the team, however, and its new website features new and exciting products to help customers further digitalise and manage...

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60 African startups selected for Google second Black Founders Fund

Google has announced 60 qualifiers for its Google for Startups Black Founders Fund (BFF) for African startups. The startups selected for the 2nd cohort will benefit from a total of  $4 million in funding and support to enable them to scale up their ongoing work.

There are 12 Kenyan startups on the list, while Nigeria has the highest number of beneficiaries with 23 startups. South Africa, Uganda, Botswana, Rwanda, Ghana, Ethiopia and Senegal are all represented as well. “Africa is a diverse continent with...

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Waya digital banking app for African immigrants goes official

Waya, a Kenyan and US-based Fintech Startup has announced the official launch of its full-service digital bank and money transfer app targeting the African Diaspora. 

The Waya App will allow users to open bank accounts digitally, and within minutes, send money to other Waya users for free, spend using their Waya cards linked to their Waya account and to remit money to over 10 countries in Africa. Remittances will be delivered to Mobile wallets and bank accounts across Africa. “Waya’s mission is to unlock financial barriers, provide...

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Network International appoints Dr. Reda Helal Group MD, Processing Business for Africa

Network International has appointed of Dr Reda Helal as Group Managing Director, Processing Business – Africa and co-head of Group Processing. 

In his new role, Reda will be responsible for leading and growing a client-focused business unit serving financial institutions, fintechs and payment partners across all African geographies served by the Group. In a statement, the enabler of digital commerce across the Middle East and Africa (MEA) saysReda is passionate about payments innovation, financial...

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ThetaRay AI Tech to monitor African payments for Nigerian fintech ARCA

ThetaRay, a provider of AI-powered transaction monitoring technology, has announced that ARCA, a premier African payment services provider, will implement ThetaRay’s advanced SONAR SaaS anti-money laundering (AML) and sanctions list screening solution for transactions on its open AI-based platform.

ARCA is the first Nigerian fintech to adopt ThetaRay’s advanced SONAR solution, industry renowned for its ability to detect the very first signs of sophisticated financial crime. ARCA provides advanced digital payments for an open...

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Huawei launches African digital power talent development program to drive sector growth

Huawei Digital Power has launched a talent development program aimed at upskilling 1,000 practitioners and tertiary students with technical knowledge and skills in the digital power space.

The program is initially being rolled out in Seven countries - Kenya, Uganda, Tanzania and Ethiopia - as the demand for technical staff in renewable energies continues to rise annually. The program was announced during the Solar Show Africa 2022, the program is part of the tech giant’s...

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[Nigeria] Fintech startup NowNow raises $13 million

Nigerian fintech startup NowNow Digital Systems has raised  $13M in its seed round for expansion across Africa. The company was founded in 2016 by CEO Sahir Berry and co-founder Mahesh Nair to expand financial inclusion and spur job creation.

NowNow later launched a mobile wallet and went fully into the market the following year with its own platform. The company has an end-to-end financial ecosystem with products that cater for agents, individual consumers and small businesses...

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Global 5G smartphone market to reach $4 billion by 2027, report

The global 5G smartphone market in 2021 was valued at $32.21 billion. The market is expected to reach $4167.07 billion by 2027 according to a report by Research and Markets.

The 5G Smartphone is a mobile phone with advance features and functionality beyond traditional functionalities such as sending text messages and making calls and primarily support the fifth standard network. The consumers interest in 5G devices has been growing, therefore chipmakers are also...

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[UNICAF] Scholarship Opportunities

Unicaf is an online and blended learning higher education platform that is dedicated to making higher education of international standard accessible, by offering scholarship opportunities to professionals and young school leavers.

What are scholarship opportunities?

A scholarship could be defined as financial aid that relieves the burden of tuition fees and living costs that students and families have to pay to secure a place in secondary and tertiary education. Considering the rising costs of student expenses and debts, we could nowadays describe education...

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[Column] Patrick Ndegwa: Homegrown intelligence - How AI in Africa is taking shape

In February 2022, the Economic Commission for Africa (ECA) and the Government of the Republic of Congo inaugurated the African Research Centre on Artificial Intelligence, an initiative committed to researching digital technologies and applications.

The centre – the first of its kind on the continent – will facilitate education and skills development for the integration of new AI-driven solutions, promote economic growth, and reinforce continental ownership of digital tools and resources...

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[Column] Marilyn Moodley: How to create a digital transformation strategy that actually works

The working world has changed drastically. Today, survey after survey shows workers want a hybrid work model. But what does the future workplace look like and how can organisations create a digital transformation journey that fits the new paradigm?

Marilyn Moodley, Country Leader for South Africa and WECA (West, East, Central Africa) at digital transformation specialist SoftwareONE, says the working landscape has changed forever. “While the idea of a digital workplace has...

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[Column] Pankaj Bhula: The metaverse reality check that your business needs

From virtual meetings to immersive 3D customer experiences or even property tours, the Metaverse will transform the way that companies operate. Gartner predicts that by 2026, a quarter of us will spend at least one hour a day in the Metaverse for work, shopping, education, social media and/or entertainment.

Some brands are already there today, such as Nike and Coca-Cola, who are using it to drive brand awareness and the purchase of physical products. With so much buzz around the Metaverse, it’s easy to see why more and more companies..

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[Column] Dumisani Moyo: How to use the cloud to supercharge your SME's growth

As global economic growth slows down and many developed and emerging economies face severe pressure, the SME sector is again taking centre stage as a catalyst for job creation and growth throughout the African continent.

Small and medium enterprises are the future of Africa's economic development. SMEs can create more jobs more quickly than their larger counterparts, can stimulate innovation, and make a significant impact on their local and regional economies. And when supported by a strong digital...

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[Column] Tracy Bolton: How partners drive digital transformation

It's true that the only constant is change. And in our modern post-pandemic economy, the rate of change has accelerated and is showing no signs of slowing down.

Today, companies are beset with a multitude of challenges and changes in their operating environment. From dealing with supply chain disruptions to adapting to new ways of work, companies have their hands full. The question is no longer if companies should digitally transform; it's a matter of how quickly and in which areas that digital transformation would...

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News Headlines

07-06-2023 | 08:15:44
Flutterwave and partner to provide pay by bank transfer to users in UK and EU
Flutterwave, Africa's payments technology company, has collaborated with, Europe's account-to-account (A2A) payment infrastructure provider, to power Pay By Bank transfer capabilities for Flutterwave's platform.

07-06-2023 | 08:14:14
MTN Group Fintech appoints Mudassar Aqil as Executive: BankTech
With a wealth of experience in the financial services industry, including a 12-year tenure as a CEO in the banking and fintech space, Mudassar brings with him a deep understanding of banking regulation, lending, payments, and platform strategy.

07-06-2023 | 08:03:16
African nations feature prominently in global top 100 for online threats, data
Nigeria, currently ranked 50th worldwide for online threats, South Africa at 82nd, and Kenya at 35th, have increasingly become focal points for cyber threats, as per the latest data from the Kaspersky Security Network.

05-06-2023 | 16:33:00
[Kenya] Samsung launches e-waste program to mark world environment day
Samsung Electronics East Africa has partnered with home appliances store Housewife’s Paradise to collect e-waste for recycling as part of a joint effort on environmental conservation.

05-06-2023 | 13:34:00
[South Africa] vivo hosts 5G technology dialogue with global partner
vivo Communications Research Institute recently held its first 5G Talk event in South Africa. The event brought together industry experts to discuss the latest developments in 5G and the potential benefits for consumers.

05-06-2023 | 13:21:00
[South Africa] True cyber resilience is a business enabler, says SLVA
Implementing a cyber resilience programme is imperative because cyber is more than IT, it is something that literally touches every part of your business.

05-06-2023 | 13:09:09
Kaspersky reports on new mobile Advanced Persistent Threat campaign targeting iOS devices
Kaspersky experts have uncovered a new mobile APT campaign while monitoring the network traffic of its corporate Wi-Fi network using the Kaspersky Unified Monitoring and Analysis Platform (KUMA).

05-06-2023 | 13:03:44
Mastercard partners with NAPS to drive innovation across Morocco's digital payments landscape
Mastercard and NAPS, a Moroccan fintech company, have initiated a collaboration to develop innovative payment solutions for individuals and businesses. The partnership consolidates the strong historical relationship between the two entities.

05-06-2023 | 12:57:43
MTN Group empowers entrepreneurs with launch of 21 Days of Y'ello Care campaign
Building on the successes of prior years, the 2023 campaign underlines MTN's enduring commitment to instigating positive change within the communities it serves.

05-06-2023 | 10:42:19
South Africa launches Artificial Intelligence Industry Association
South Africa has launched an Artificial Intelligence Association (SAAIA) focused on promoting the advancement of responsible AI in the country.

05-06-2023 | 08:57:00
Google Africa collaborate with CMM for 4th edition of The Future Is Female Mentorship Program
C. Moore Media and Allison+Partners have opened applications for the fourth edition of The Future is Female Mentorship Program.

05-06-2023 | 07:56:00
[Column] Nixon Gecheo: Agtech, a pivotal force driving climate change action in agriculture
Agtech offers numerous tools and techniques for sustainable crop and livestock management, including the use of climate-resilient seeds, and improved breeding techniques that result in higher yields with reduced land, water, and chemical inputs

05-06-2023 | 07:52:00
Regional winners of the Global Startup Awards Africa announced
Seventy-one startups from across Africa have been named regional winners at this year’s Global Startup Awards (GSA) Africa – the largest, independent startup ecosystem competition on the continent.

02-06-2023 | 10:33:06
Mastercard partners with Ghana Cyber Security Authority to fight fraud
Mastercard recognizes the seriousness of these threats and places a high priority on fraud prevention and cybersecurity in all the countries where it operates, including Ghana.

02-06-2023 | 10:30:02
Liquid C2 collaborates with INOVO to offer omni-channel cloud contact centre to clients in Africa
INOVO's cloud contact centre solution enables businesses to easily optimise channels, supporting processes, data and their workforce to drive efficiencies and boost the customer experience


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