Podcast: Ndovu CEO On How Technology Will Shape Investments in Africa
In an online interview with the Kenyan Wallstreet, Ndovu Investment CEO and co-founder Radhika Bhachu talks about the state of digital investment platforms in Africa and how Robo-advisory will play [...]
Airtel MoneyGram Partner for Global Money Transfers
Airtel subscribers will be able to send or receive cash through their mobile wallets to over 200 destinations on the worldwide MoneyGram platform. This follows a deal between the mobile [...]
Opera Launches New Lending Fintech Nanobank in Partnership With Mobimagic
Web Software Company and Online News Service Opera Limited has partnered with fintech Mobimagic to form a new service Nanobank. The partnership eyes the emerging market, combining Opera's microlending service, [...]Apple's Market Cap Hits $2 Trillion, Setting Another Valuation Milestone
Apple's market capitalization surpassed the $ 2 trillion mark as its share price hit $468.65 on Wednesday. The surge pushed the company's market value to $2.004 trillion with a share [...]Oracle in Talks to Buy TikTok's U.S. Operations
Oracle Corporation has expressed interests in buying TikTok's operations and has already held preliminary talks with TikTok's Chinese owner, ByteDance. The company is considering buying the app'soperations in the United [...]India Excludes Huawei, ZTE in its 5G Trials
India will bar Huawei Technologies and ZTE Corp from its 5G trial plans on the grounds of defense of India on matters directly or indirectly related including national security. The [...]Reliance Jio in Talks to Buy Tiktok's $3 Billion Indian Business
ByteDance, the company that owns Tiktok, is in early discussions with Reliance Jio for investment in the video app. According to TechCrunch, the talks started in July but are yet [...]Foreign ICT Companies to Have 30% Local Shareholding under New Law
ICT companies from abroad with interest in the Kenyan market now have to give Kenyans a 30% stake to be considered as Kenyan companies. The recently published National Information Communication [...]MTN Launches New Pan African API Marketplace
MTN launched an API marketplace Chenosis' which will allow African developers to tap into a variety of API products from across the continent in a single marketplace. The API marketplace [...]Telkom Opts Out of Proposed Merger with Airtel
Telkom Kenya has opted out of its proposed merger with Airtel, a decision that has been mutually agreed with Airtel Networks Kenya Limited. Considering the challenges experienced in getting all [...]Microsoft Expects TikTok Acquisition Discussions to End by September 2020
Microsoft has confirmed that it is still engaging with ByteDance to acquire TikTok's assets in the United States. Microsoft CEO Satya Nadella says that they will pursue discussion in a [...]
Amazon Gets Approval to Buy 16% Stake in Deliveroo
Amazon has received the green light from the Competition and Markets Authority (CMA) to buy a minority stake (16%) in U.K. food delivery start-up, Deliveroo. In 2019, just after Deliveroo [...]
