Jumia files for IPO on NYSE
E-commerce firm Jumia has filed for an Initial Public Offering on the New York Stock Exchange (NYSE), which will make it the first African technology company to list on the [...]
China, UK among latest countries to join Ethiopia in suspending use of Boeing 737 Max 8 aircraft
China UK are among the growing number of nations across the globe that have joined Ethiopia in suspending Boeing 737 Max 8 aircrafts from operating in their airspace. The [...]
Taxify Rebrands to Bolt
Taxify has announced it's changing its name to Bolt saying this is in line with firm’s broader vision of the fast-evolving transportation industry. Speaking on why the company chose to [...]Uber Drivers to get shares in the upcoming IPO
Uber Technologies Inc is planning to give its most active and longest serving drivers a cash reward and an option to buy stock in their listings (initial public offering) in [...]JP Morgan Chase Bank Creates Own Cryptocurrency
US bank, J.P Morgan Chase has created its own crypocurrency called JPM Coin which runs on Bitcoin technology. The coin will help in instant settlement of payments between the bank [...]Standard Chartered Bank Pleads Guilty to Manipulation of the Rand
Standard Chartered Bank has pleaded guilty to currency manipulation of the South African Rand between 2007 and 2013, the Competition Commission has confirmed. In a Press statement, the commission confirmed [...]Facebook to Integrate WhatsApp, Instagram and Facebook Messenger to Engage Users More in the Company’s Ecosystem
Facebook is planning to merge its essential messaging infrastructure of WhatsApp, Instagram and Facebook Messenger services, according to the New York Times. Once the plans are implemented for the first [...]
BitPesa's Founder Elected by WEF to Co-Chair the Global Blockchain Council
Elizabeth Rossiello, Chief Executive and founder of BitPesa, has been appointed by the World Economic Forum to be one of the two co-chairs of the Global Blockchain Council. The appointment [...]Google Invests $3.1Mn in Wikipedia
Google has boosted its investment in Wikipedia by donating $3.1 million to the free encyclopedia summing up its total donations to an excess of $7.5 million. While making the announcement [...]WhatsApp Limits Number of Times one can Forward a Message
WhatsApp has limited the number of times one can forward a message to only five chats at once in a bid to curb viral misinformation. The global messaging app, owned [...]China’s Economy Grew by 6.6 per cent in 2018; the Slowest in 28 Years
China’s economy grew by 6.6 per cent in 2018. This is the slowest pace ever experienced in 28 years, attributed to a weakening momentum in the fourth quarter due to [...]Elisabeth Moreno Appointed new MD for HP Inc Africa
Elisabeth Moreno has been appointed as the new managing director for HP Inc Africa, effective immediately. She replaces David Rozzio who has acquired a leadership position at the Central Europe [...]
