AfricInvest and Cathay Innovation Complete Final Close of €110M Pan-African Venture Fund -CAIF
Investment company AfricInvest and venture capital firm Cathay Innovation, have announced the final close of their joint Pan-African Venture fund, Cathay AfricInvest Innovation Fund (CAIF) at €110M. The fund is [...]
MTN Takes on Vodacom with Proposed Telkom Takeover
MTN Group has commenced talks to take over Telkom according to statement confirmed by both companies. The carriers however note that the discussions are still in very early stages and [...]Autochek Expands to Francophone Africa by Acquiring CoinAfrique
The automotive technology company facilitating auto financing across Africa, Autochek has expanded to Francophone Africa after acquiring CoinAfrique, a classified ad marketplace. Autochek is looking to tap CoinAfrique’s regional customer base in Francophone [...]Telkom Partners with Lipa Later for Product Financing
Telkom Kenya has partnered with Buy-Now-Pay-Later company Lipa Later, to launch a product financing program that will see customers acquire smartphones via hire purchase, without having to pay a deposit.. [...]Pesapal Receives License from Bank of Uganda
Pesapal Uganda has received a nod from the Bank of Uganda to operate as a Payment System Operator. The firm's Uganda Country Director Martin Barungi said with the license, Pesapal [...]
5 ways to ensure your business is financially stable with ERP as a last mile technology
There is a famous business quote by Gordon B. Hinckley that “You can’t build a great building on a weak foundation.” Similarly, this applies to business owners who want continuity [...]Fahari Aviation Partners with EVE UAM for electric Vertical Take-Off and Landing Vehicles in Kenya
Fahari Aviation, a subsidiary of Kenya Airways and EVE UAM have signed a Letter of Intent (LoI) for up to 40 electric Vertical Take-Off and Landing (eVTOL) vehicles. The agreement [...]Microsoft to Invest in Kenya’s Agritech
Microsoft says it is committing to working with Kenya’s Ministry of Agriculture through a platform that will digitize agriculture in Kenya. Microsoft Kenya Acting Country Manager Kunle Awosika said the [...]Nigeria Announces Plans to Regulate Facebook, Twitter, Tiktok, WhatsApp, Instagram, Google
Nigeria has announced plans to regulate internet companies like Facebook, WhatsApp, Instagram (all owned by Meta), Twitter, Google and TikTok in a draft shared by the country’s internet regulator. The [...]EU Countries Agree to Single Charger Standard, In Blow To Apple
European officials on Tuesday agreed to the text of a proposed law imposing a standard charger for smartphones, tablets and laptops sold in the bloc, in a blow to Apple. [...]
KCB Group picks Rosemary Koech as Data Protection Officer
KCB Group has headhunted Rosemary Kimwatu Koech as its Group Data Protection Officer, leaving her position at Safaricom as its public officer manager. Before that, Ms Koech was Head of [...]SeamlessHR, Leading HR Tech Startup, Hosts Partners in Kenya to Facilitate International Expansion
Nairobi, Kenya – June 1, 2022 SeamlessHR recently hosted its partners in Nairobi. Having announced a $10 million funding round in January, the company is moving towards a full-scale [...]
