Earlier this week, global trading platform, Chaka launched in Nigeria. The technology-enabled platform intends to give Nigerian users the opportunity to invest in stocks listed on NASDAQ, the New York Stock Exchange and the Nigerian Stock Exchange, offering...
African fintech company, Cellulant officially launched Tingg, an all-in-one, multi-functional consumer super app on Tuesday, 8 October 2019. The ‘super-app’ combines an array of payment, commerce and financial services onto a single online...
Set-your-own-price taxi app, inDriver has successfully expanded its reach into Tanzania, Kenya, Uganda, Nigeria and most notably, South Africa. Since its launch earlier this year in South African cities Cape Town and Johannesburg, the ride-hailing service is...
September 24, 2019 •
Finance, Security •
Jenna Cook •
Comments Off on Fintech startups left vulnerable as digital economy booms in Africa
In just two years, Africa’s fintech industry has boomed by 60% – this according to Toby Shapshak in an article for Forbes. The fintech ecosystem has grown to 491 from 301 in 2017, with $132.8 million raised in 2018 – proving the sector’s...
Paris-based fintech startup, FairMoney announced on Monday, 16 September 2019, that it has introduced an in-app payment function to its users, which allows them to top up their phone subscriptions, buy mobile data, pay electricity or internet bills. Other...
September 16, 2019 •
People, Top Stories, West Africa •
Kojo •
Comments Off on Nigerian entrepreneur wins first prize at the Africa 35.35 Awards
Nigerian Internet Entrepreneur Chidi Nwaogu has won the first prize in the ‘Entrepreneurship’ category at the 2019 Africa 35.35 Awards. The Awards aim to recognize 35 people under 35 from Africa or the African diaspora who have made outstanding...
Just two weeks after launching, Playfre – Africa’s first music streaming platform – amassed a record 100,00 unique streams. The platform – created by Nigerian entrepreneur Chika Nwaogu – is looking to become the biggest music...
Electric utility company, ENGIE has announced that it has expanded its decentralised energy offering in Africa through the acquisition of Mobisol, off-grid solar solutions company. It’s reported that Mobisol has operations in Tanzania, Rwanda, and Kenya...
August 30, 2019 •
Healthcare, West Africa •
Jenna Cook •
Comments Off on Nigerian hospital becomes the first to invest in innovative MRI system
Medical equipment manufacturer, GE Healthcare announced on Thursday, 29 August 2019, that it has partnered with Memfys Hospital. The partnership will see Memfys become the first hospital in the South of Nigeria to install the GE Healthcare MRI systems. “As...
August 28, 2019 •
Features, Finance, Startups •
Jenna Cook •
Comments Off on Fin-tech startup launches payment solutions platform throughout Africa
UK based fin-tech startup, SympliFi announced the launch of its fin-tech platform on Wednesday, 28 August 2019. The platform is said to have been designed to empower users around the world offering access to financial solutions – meaning people living...
Nigerian telecommunications company, 9mobile, has recently been approved for a $230 million loan by the Africa Finance Corporation (AFC). The AFC is a pan-African multilateral development financial institution that was created with the goal of minimizing...
August 24, 2019 •
Retail, Top Stories, West Africa •
Kojo •
Comments Off on Nigerian automotive trading platform announces premium inspection service
Cars45, a Nigerian automotive trading platform, recently announced the launch of a new product, the Premium Inspection Service. Cars45 has committed to exploring new platforms for end-users. The Premium Inspection Service is aimed at users who are not able to...
Publiseer, an African-focused digital content distribution platform, was recently announced as the provisional winner for the ITU Innovation Challenges in Busan, South Korea. As a result of this victory, Publiseer has been invited to attend the 2019 Young ICT...
South African telecoms provider, MTN announced on Friday, 16 August 2019, that a subsidiary MTN Nigeria Communications PLC has been granted permission to offer financial services by Nigeria’s central bank. The announcement comes after the Nigerian...
Nigerian payments technology company, Verve held an event to launch the Verve Global Card on Wednesday, 14 August 2019. The Global Card is said to expand Verve’s existing suite portfolio of payment products and solutions by giving cardholders the...
Spacecom, an Isreali satellite communications operator, and the operator of AMOS-3 and AMOS-7 satellites has announced its partnership with IDS Africa, a Nigeria-based broadcaster. IDS Africa will broadcast services on the AMOS-17 satellite, Spacecom’s...
