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Nigeria: OneFi secures $5 mln debt facility

Nigeria: OneFi secures $5 mln debt facility

March 9, 2019 • Finance, Startups, Top Stories, West AfricaComments Off on Nigeria: OneFi secures $5 mln debt facility

One Finance Limited has announced that it has secured a $5 million debt facility for its consumer-facing platform, Paylater. The facility comes from New York and Nairobi-based Lendable, a technology-enabled funding provider to African consumer and SME lenders. The debt facility will be used to deploy more loans to Paylater customers, specifically through a...

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Pan African Towers signs $20 million infrastructural investment deal

Nigeria: Pan African Towers signs $20 million infrastructural investment deal

March 7, 2019 • Mining & Energy, Top Stories, West AfricaComments Off on Nigeria: Pan African Towers signs $20 million infrastructural investment deal

Pan African Towers (PAT) Limited, a Nigerian firm has signed a $20 million infrastructure investment deal with Canadian firm, Watt Renewable Corporation. The partnership will see Watt Renewable provide alternative energy solutions like solar and other...

African Development bank equips Nigerians with coding and digital skills

African Development bank equips Nigerians with coding and digital skills

March 6, 2019 • Education, Top Stories, West AfricaComments Off on African Development bank equips Nigerians with coding and digital skills

The African Development Bank through its “Coding for Employment” initiative, seeks to create 25 million jobs across the continent, developing and launching Africa’s next generation of digitally enabled youthful workforce. In February 2018, the...

Jumia pens deal with smartphone maker Xiaomi

Jumia pens deal with smartphone maker Xiaomi

March 6, 2019 • East Africa, Online & Social, Top Stories, West AfricaComments Off on Jumia pens deal with smartphone maker Xiaomi

Nigerian e-commerce platform, Jumia has announced a partnership with Chinese smartphone maker, Xiaomi. With this partnership, Jumia will open the Mi, Xiaomi’s flagship phone brand, official store on its platform giving access to customers across 14...

Mastercard Foundation Fund selects 5 African countries for Rural Prosperity

Mastercard Foundation Fund selects 5 African firms for Rural Prosperity

March 5, 2019 • East Africa, Finance, Southern Africa, West AfricaComments Off on Mastercard Foundation Fund selects 5 African firms for Rural Prosperity

The Mastercard Foundation Fund for Rural Prosperity (FRP) has announced that five companies will receive a total of US$4,438,551 to support its financial inclusion agenda in Africa. The five companies, with projects in Burundi, Ghana, Mali, Tanzania, and...

Nigerian fintech startup closes $5.5 mln Series A Round

Nigerian fintech startup closes $5.5 mln Series A Round

March 1, 2019 • Startups, Top Stories, West AfricaComments Off on Nigerian fintech startup closes $5.5 mln Series A Round

Nigerian fintech company, TeamApt has closed on a $5.5M Series A round, led by Quantum Capital Partners. The Lagos-based company is a leader in the development of Digital Banking, Digital Business solutions and running Payment Infrastructure for Africa....

Ghana: NCA revokes Expresso telecom's licence

Ghana: NCA revokes Expresso telecom’s licence

February 28, 2019 • Mobile and Telecoms, West AfricaComments Off on Ghana: NCA revokes Expresso telecom’s licence

The license of Kasapa Telecoms Limited, operators of 028 numbers under the Expresso telecom brand, has been revoked revealed the National Communications Authority (NCA). Kasapa Telecom Limited is not licensed to provide any telecommunication services in...

Orange, KaiOS partner to close Africa's digital divide through Series B funding

Orange launches a new smart feature phone powered by KaiOS

February 26, 2019 • East Africa, Mobile and Telecoms, Top Stories, West AfricaComments Off on Orange launches a new smart feature phone powered by KaiOS

Orange has partnered with KaiOS Technologies and UNISOC to launch a phone with voice recognition at $US 20 in 16 countries in Africa and the Middle-East : Botswana, Burkina Faso, Cameroon, Central Africa Republic, Democratic Republic of Congo, Côte...

MainOne, Facebook roll out open-access fibre network in Nigeria

MainOne, Facebook roll out open-access fibre network in Nigeria

February 26, 2019 • Online & Social, Top Stories, West AfricaComments Off on MainOne, Facebook roll out open-access fibre network in Nigeria

MainOne has announced a partnership with Facebook to roll out a metro fibre infrastructure project in two states of Nigeria. The infrastructure collaboration is part of Facebook’s efforts to connect more people to broadband internet. As part of this...

Publiseer selected to pitch at Startup Turkey

Publiseer selected to pitch at Startup Turkey

February 23, 2019 • Startups, West AfricaComments Off on Publiseer selected to pitch at Startup Turkey

Nigeria’s digital publishing platform, Publiseer, has been selected to pitch at Startup Turkey Top 100 Demo Day. Publiseer was selected as the top 100 from 120,000 startup applications from 150 countries. Only 1% of the startups that applied were...

Africa sees growth in crypto ownership-study

Africa sees growth in crypto ownership-study

February 22, 2019 • East Africa, Finance, Southern Africa, West AfricaComments Off on Africa sees growth in crypto ownership-study

Hootsuite’s 2019 Global Digital Report ranked South Africa as the world’s top nation for crypto ownership, with 10.7% of internet users in the country holding a financial interest in cryptocurrency. The global average was only 5.5%. “This is...

Decision Africa app to provide market data and analysis for upcoming Nigeria elections

Decision Africa app to provide market data and analysis for upcoming Nigeria elections

February 22, 2019 • General, Top Stories, West AfricaComments Off on Decision Africa app to provide market data and analysis for upcoming Nigeria elections

Financial markets data and infrastructure, Refinitiv has announced the launch of a dedicated Nigeria election page on its Decision Africa app hosted on its financial markets’ desktop, Eikon. The Nigeria election page features breaking news, market data,...

Surfline partnership to provide free Wifi to public libraries in Ghana

Surfline partnership to provide free Wifi to public libraries in Ghana

February 21, 2019 • Mobile and Telecoms, Top Stories, West AfricaComments Off on Surfline partnership to provide free Wifi to public libraries in Ghana

Ghanaian operator Surfline Communications has partnered Ghana Library Authority (GhLA) to provide free Wifi connectivity to members of public libraries in the Greater Accra Region. The Executive Director (Ag.) of Ghana Library Authority, Hayford Siaw, and the...

Orange, KaiOS partner to close Africa's digital divide through Series B funding

Affordable smart feature phones to run on KaiOS

February 19, 2019 • East Africa, Mobile and Telecoms, North Africa, Southern Africa, Top Stories, West AfricaComments Off on Affordable smart feature phones to run on KaiOS

KaiOS Technologies has announced that six new partners in Algeria, Egypt, Morocco, Kenya, South Africa, and Tanzania will launch mobile phones running on its operating system for smart feature phones, KaiOS. These devices form a new category of phones that...

Vodafone Ghana introduces new range of bundles

Vodafone Ghana introduces new range of bundles

February 19, 2019 • Mobile and Telecoms, West AfricaComments Off on Vodafone Ghana introduces new range of bundles

Vodafone Ghana has introduced eight bundles to replace its long list of integrated bundles. The telecommunications company said it arrived at this decision following issues it identified were affecting customers, such as indecision when choosing a preferred...

Nigeria: Lagos State Governor to launch e-procurement platform

Nigeria: Lagos State Governor to launch e-procurement platform

February 18, 2019 • General, Top Stories, West AfricaComments Off on Nigeria: Lagos State Governor to launch e-procurement platform

At the second edition of the Lagos State Annual Public Procurement Summit held at the Lagos, the state Governor, Akinwunmi Ambode revealed that his administration would launch an e-procurement platform in the next three weeks. The platform will be aimed at...