BUSINESS

WorldRemit raises $45m to drive next phase of growth

WorldRemit raises $45m to drive next phase of growth

Money transfer service WorldRemit has raised $45m in financing from TriplePoint Venture Growth BDC Corp. and Silicon Valley Bank. Pioneering a mobile-first approach to remittances, WorldRemit will use the funds to support its rapidly growing transfer volumes. Read More

09:26
Jumia, AXA partner to provide insurance products and services to African customersJumia, AXA partner to provide insurance products and services to African customers AXA will become the exclusive provider of insurance products and services through Jumia and other AIG ...
09:10
Orange to acquire Millicom subsidiary in DRCOrange to acquire Millicom subsidiary in DRC Orange and Millicom have signed an agreement leading to Orange’s acquisition of Millicom’s operations ...
19:17
Ringier Africa and Asia Pacific get new structure and leadershipRingier Africa and Asia Pacific get new structure and leadership Ringier is restructuring its international market set-up for the beginning of the new year, with four ...
09:01

MORE BUSINESS NEWS

Thursday 4 Feb

Cashless Africa 'achievable through partnerships'

SENEGAL
The Alliance for Financial Inclusion (AFI) has renewed its partnership with MasterCard at the African Mobile Phone Financial Services Policy Initiative (AMPI) meeting. »
Thursday 4 Feb

Travelstart secures strategic partnership with MTN

Amadeus, the global technology investor, has announced a $40m investment in Travelstart in partnership with MTN, Africa’s leading mobile and digital life services operator. »
Wednesday 3 Feb

NewTelco SA extends African footprint with dedicated Kenyan presence

KENYA
The Jasco Group has expanded the presence of NewTelco South Africa, a joint venture between the Jasco Group and NewTelco GMBH, into the East African region with a dedicated presence in Kenya. »
Tuesday 2 Feb

VMware appoints new Regional Director of SSA

VMware has announced the appointment of Matthew Kibby as regional director of Sub-Saharan Africa (SSA).»
Saturday 30 Jan

BITC launches online trade portal

BOTSWANA
As part of efforts to improve trade facilitation, the Botswana government, through the Botswana Investment and Trade Centre (BITC), has launched a web-based platform designed to help improve the ease of doing business.»
Thursday 28 Jan

More than 700 delegates at Sage’s first African Business Partner Conference in South Africa

Sage’s first African Business Partner Conference in SA marks a milestone in Sage’s journey towards becoming the global market leader for integrated accounting, payroll and payment systems.»
Tuesday 26 Jan

KRA announces key Customs reforms

KENYA
The Kenya Revenue Authority (KRA) has announced a variety of reform measures geared at enhancing national security and efficiency in Customs management.»
Monday 25 Jan

SweepSouth secures funding from top SA Venture Capitalists

SOUTH AFRICA
Vumela Fund has backed online home cleaning services platform SweepSouth.»
Thursday 21 Jan

Smarter use of digital skills, tech, could boost global economy by $2 Trillion: Accenture

Optimizing the use of digital skills and technologies could generate $2 trillion of additional global economic output by 2020, according to a new study by Accenture.»
Tuesday 19 Jan

Ghana’s real estate industry to benefit from MLS database

GHANA
Real Estate Professionals in Ghana will soon have access to a new Multiple Listing Services (MLS)  designed to relieve them of the stress of listing properties. »
Tuesday 19 Jan

Busy Internet to roll out 4G LTE services in Ghana

GHANA
Busy Internet will be rolling out its 4G Long Term Evolution (LTE) services in Ghana soon. »
Tuesday 19 Jan

Online shop Dakika launches in Kenya

KENYA
Dakika online, a Kenyan owned e-commerce platform, has launched its operations in Kenya to offer a stress free shopping experience to online shoppers across the country.»
Saturday 16 Jan

We didn’t axe 2000 Visafone jobs, says founder

NIGERIA
Founder and retired Chairman of  Visafone Communications Limited, Mr. Jim Ovia, has denied axing 2000 jobs in the telco, arguing that it would not have been possible because the entire workforce of the CDMA operator was less than 400.»
Friday 15 Jan

Tigo Tanzania pays $2.1 million in quarterly profit share to customers

TANZANIA
Tigo has announced another quarterly payment of US$ 2.1million (Tshs 4.4 billion) to its 4.6 million Tigo Pesa users.»
Friday 15 Jan

Nigeria looks to China, Belarus for ICT investors

NIGERIA
Nigeria's Minister of Communications has travelled to the Republic of Belarus to showcase the country's space technology potential. »
Thursday 14 Jan

Chinese tech firm Konka opens shop in Nigeria

NIGERIA
Another Chinese technology firm, Konka Telecoms of China, yesterday opened shop in Nigeria with a pledge to deepen competition in the mobile phone market and give customers opportunities to experience the cutting edge technology associated with its products.»

PRESS OFFICES

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FEATURED STORY

Viber Spreads Good Vibes in Africa with the introduction of public chats Viber Spreads Good Vibes in Africa with the introduction of public chats

Viber, one of the leading messaging and calling apps with more than 664 million unique users worldwide, has opened its latest social channel ‘Public Chats’ to partners in Africa and the Middle East. 

IN DEPTH

Poised for greater heights – Roshi Motman, AfricaCom CEO of the Year WinnerPoised for greater heights – Roshi Motman, AfricaCom CEO of the Year Winner

Roshi Motman is not your average CEO. Since taking up the reins as the first female CEO of Tigo Ghana in 2014, she has led the Tigo brand through a remarkable transformation. 

COMPANY NEWS

Arbor Networks maintains leadership in IHS Infonetics Report on DDoS prevention appliances

Arbor Networks was identified once again as the top supplier of DDoS mitigation appliances overall, as well as in the Carrier, Enterprise and Mobile market segments, according ...