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Meesho Co-Founders Sanjeev Barnwal (left) and Vidit Aatrey (right). Image sourced from Meesho.

Naspers leads Meesho in raising $125 million for Indian Social Commerce

August 13, 2019 • Online & Social, Retail, StartupsComments Off on Naspers leads Meesho in raising $125 million for Indian Social Commerce

On 12 August 2019, Meesho, an Indian online marketplace, announced the closing of a $125 million fundraiser led by Naspers,  multi-national media and internet group headquartered in South Africa. The fundraiser was aided by Facebook and existing investors such as SAIF Sequoia, RPS, Venture Highway and Shunwei Capital. In addition to this, former Vodafone...

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Nigerian startup shortlisted for Unilever Young Entrepreneurs Awards

August 12, 2019 • Online & Social, Startups, West AfricaComments Off on Nigerian startup shortlisted for Unilever Young Entrepreneurs Awards

Nigeria’s digital content distribution platform for creatives, Publiseer, has been shortlisted for the Unilever Young Entrepreneurs Awards 2019. Out of 1850 applications around the world, the digital publisher made the top 40 shortlist for the award....

How will 5G benefit South Africa?

How will 5G benefit South Africa?

August 5, 2019 • Online & Social, Southern AfricaComments Off on How will 5G benefit South Africa?

Huawei hosted the first ICT Editors Xchange where the company unpacked some of the transformative technologies like 5G, Cloud and AI to boost productivity and innovation capabilities and its impact on the country. Hosted at the Founders Factory Africa, in...

Updates to simplify Xplan released

Updates to simplify financial services software, Xplan, released

August 4, 2019 • Finance, General, Online & SocialComments Off on Updates to simplify financial services software, Xplan, released

On Friday, 2 August 2019, Financial services software provider, Iress released the first of several planned updates to thousands of Xplan users. The updates are aimed at making Xplan simpler to use and to give users greater access to its functionality. The...

Spotify's revenue per subscriber shrinks

Spotify’s revenue per subscriber shrinks

August 2, 2019 • Features, Finance, Online & Social, Top StoriesComments Off on Spotify’s revenue per subscriber shrinks

Music streaming service, Spotify, released its 2019 Q2 financial performance report on Wednesday, 31 July 2019. The report shows that, between April to end of June 2019, the platform increased its Monthly Active users Year on Year (YoY) by 29 per cent to...

FNB's new eBucks Rewards programme will take effect from 1 September 2019.

FNB revamps eBucks rewards for business

August 2, 2019 • Finance, Online & Social, Southern AfricaComments Off on FNB revamps eBucks rewards for business

On August 1 2019, FNB announced that its eBucks Rewards programme for businesses will be changing from 1 September 2019. This change has come as a result of FNB aiming to simplify the way FNB Business and RMB Private Bank Business customers qualify, get...

Live social music platform partners with African festival

Live social music platform partners with African festival

August 1, 2019 • Online & SocialComments Off on Live social music platform partners with African festival

LiveXLive Media, a global digital media company, announced that it has partnered with festival organiser Afro Nation. The partnership includes a global content and distribution agreement, granting LiveXLive exclusive live streaming, video, video-on-demand,...

The Apex Legends Pre-Season Invitational will take place in Kraków, Poland, from 13 September to 15 September 2019. Image sourced from Twitter.

EA announces Apex Legends Pre-Season Invitational event

July 31, 2019 • Gadgets and Gaming, Online & SocialComments Off on EA announces Apex Legends Pre-Season Invitational event

Video game publisher Electronic Arts (EA) and video game developer Respawn Entertainment, announced the Apex Legends Pre-Season Invitational on Wednesday, 30 July. This will be, according to the companies involved, “a large-scale e-sports tournament...

MTN issues warning to customers

MTN issues warning to customers

July 30, 2019 • Online & Social, Southern Africa, Top StoriesComments Off on MTN issues warning to customers

On Tuesday, 30 July 2019, South African network provider, MTN, issued a warning to its customers about two parody social media accounts, namely MTN AWOOF Giveaway and MTN Free Dashout.  These fake accounts claim to be official MTN accounts, however, they are...

E-hailing app for metered taxis launches in South Africa

E-hailing app for metered taxis launches in South Africa

July 26, 2019 • Online & Social, Southern Africa, StartupsComments Off on E-hailing app for metered taxis launches in South Africa

An e-hailing app that allows metered, private and owner taxi drivers to benefit from using electronic hailing is now available in South Africa. Taxi Live Africa launched in Durban in June 2019 and plans to roll out in Cape Town and Johannesburg in the next...

Paradise Game launches Paradise Game Centre in Abidjan, Ivory Coast.

Paradise Gaming opens largest video game and ed-tech centre in West Africa

July 26, 2019 • Gadgets and Gaming, Online & Social, Top Stories, West AfricaComments Off on Paradise Gaming opens largest video game and ed-tech centre in West Africa

Paradise Game, an African e-sports and e-learning initiative opened the official Paradise Gaming Centre on Wednesday 24 July 2019. The gaming centre is situated in the neighbourhood with the largest population in Abidjan, the capital of Ivory Coast and is now...

Facebook accepts $5 billion fine over privacy violations

Facebook accepts $5 billion fine over privacy violations

July 25, 2019 • Features, Online & Social, Security, Top StoriesComments Off on Facebook accepts $5 billion fine over privacy violations

Social media giant, Facebook, has agreed to pay a record $5 billion fine — the biggest fine ever imposed over users’ privacy. The settlement announced on Wednesday, 24 July 2019, is said to resolve the US Federal Trade Commission’s (FTC) investigation...

Integrated social payments platform launched in Africa

Integrated social payments platform launched in Africa

July 25, 2019 • Finance, Mobile and Telecoms, Online & Social, Top StoriesComments Off on Integrated social payments platform launched in Africa

Cassava Fintech International (CFI), a fintech company in Africa, announced on Wednesday, 24 July 2019, the launch of their integrated Social Payments platform.  Sasai will be available to individuals and businesses and offered in partnership with Mobile...

Zimbabwean Discover Digital platform set to expand in 2019

Zimbabwean Discover Digital platform expands

July 24, 2019 • Online & Social, Southern AfricaComments Off on Zimbabwean Discover Digital platform expands

Zimbabwean telecommunications company, TelOne, has announced the expansion of its Discover Digital platform. The platform is set to introduce 12 new channels, adding to the 15 already existing channels.  The free channels include Al Jazeera, Africa News, TRT...

Showmax launches in Nigeria

Showmax launches in Nigeria

July 23, 2019 • Online & Social, Top Stories, West AfricaComments Off on Showmax launches in Nigeria

On Tuesday, 23 July 2019, Showmax officially launched a new video-on-demand service in Nigeria. Priced at over $8 per month, the video streaming service features a dedicated slate of Nigerian TV shows and movies, international hit series and Hollywood...

Farmers utilizing Farmcrowdy's programs. Image sourced from Farmcrowdy.

Farmcrowdy announces unified portfolio companies

July 23, 2019 • Online & Social, West AfricaComments Off on Farmcrowdy announces unified portfolio companies

Nigeria’s first Digital Agriculture platform, Farmcrowdy, together with its sister companies Agricsquare and Farmgate Africa, have announced a unification of all its companies. This is a strategy to create a larger Farmcrowdy, as well as allow this new...