Somalia Issues 1st Mobile Money License to Hormuud Telecom
The Central Bank of Somalia has issued the first Mobile Money license to the country's largest telecommunications provider, Hormuud Telecom. The move seeks to formalize the country's digital payments system [...]
Liquid Telecom Raises $840 Million in Bond
Africa’s largest fibre network provider, Liquid Telecom, has raised$840 millionin a bond and loans, as it seeks to refinance debt and further expand into Africa. The financing includes a $620 [...]South Africa's TymeBank Raises $109 Million in Funding
South Africa's digital bank,TymeBank, has raised $109 million in funding, seeking to bolster its growth and drive its commercial expansion across the country. Investors who took part in the funding [...]How Retail Investors Can Track Live Stock Market in Kenya
Stock Market Basics Investing in the stock market is considered one of the best ways to achieve high returns that outpaceinflationover time and other asset classes such as bonds, commodities [...]
Apple tops global smartphone sales
Apple, a US multinational technology company with its base in California, has overtaken Samsung and Huawei to reclaim the top spot in global smartphone sales for the first time in [...]
African Digital Signage Market: Where it is Now and What to Expect in the Next 5 Years
Digital signage, also known as digital signs or digital boards, is digital video content or digital images displayed on a screen. The technology allows room for flexibility and has a [...]Facebook Restricts Reading and Sharing of News For Australian Users
Facebook has restricted the reading and sharing of news articles for Australian users on the platform, following proposed legislation requiring tech giants to pay for news content worldwide. The company's blog says [...]Ethiopian Communications Authority Denies Shortlisting Telcos for Mobile Licences
The Ethiopian Communications Authority has denied claims that it has shortlisted any telecommunication company for the two highly coveted mobile operator licenses. The Communications Authority in a tweet said, We [...]
Samsung dominates tablet sales in Europe, Middle East, Africa- IDC
Samsung Electronics, a South Korean tech giant, was the top tablet vendor in Europe, Middle East and Africa (EMEA) in Q4, 2020, a report shows. Shortages and price hikes in [...]SpaceX Raises $850 Million in Funding
Elon Musk's SpaceX has raised$850 millionin a round of fresh equity funding, sending its valuation to about $74 billion. SpaceX raised the funds at $419.99 a share, and the latest [...]NSE Switches to New Safaricom Powered Broker Connectivity Solution
The NSE has successfully migrated to a Safaricom powered broker solution, a move that is expected to boost trading volumes and level of activity at the bourse. This Software-Defined Wide [...]Africell Bags Angolan Telco Licence
Africa-focused mobile network operator, Africell, has secured a mobile telecommunications operator’s licence in Angola, joining three other operators Movicel, Unitel and Angola Telecom already serving the country. Africell [...]
