KCAA Tightens Noose on Drone Operators
The Kenya Civil Aviation Authority (KCAA) is tightening the noose for drone operators in Kenya. Members of the National Assembly will determine whether the regulatory bill presented to them by [...]
Africa to Benefit From Improved Consumer Spending
Africa holds great promise for consumer goods companies. Observers say that consumer spending will rise sharply in the next five years. Brookings predicts that household consumption will reach $2.5 trillion [...]
Huawei Removed from Vodafone's European Networks
Vodafone plans to remove Huawei technologies from the sensitive, core parts of its mobile network in the European Union, after Britain restricted the operations of the latter in its 5G [...]Digital Lending Regulations Should Spur Innovation
IM Bank CEO Kihara Maina believes that regulation targeting digital credit platforms should address adversely priced credit without limiting innovation. Speaking during My Chat with a Bank CEO live event, [...]
FarmCrowdy to Expand into Retail Meat Hubs
Nigerian Startup Farmcrowdy has acquired Best Foods LP Limited targeting entry into the meat sub sector in the West African Nation. Farmcrowdy intends to set Farmcrowdy Meat Hubs across Lagos [...]TLcom Africa Fund Raises KSh7.1 Billion
TLcom venture capital has received additional capital from new partners for its TIDE Africa Fund bringing the total funds to Ksh7.1B. The new partners include World Bank's IFC, CDC from [...]Transport CS Mandates Taxi Apps to Get Licences
Transport CS,James Macharia, has issued new regulations that mandate digital taxi apps owners to acquire operational licences, failure to which they risk termination. The transport authority will issue the three-year [...]Vodacom Set to Launch 5G in South Africa
Vodacom has signed a roaming agreement with Liquid Telecom to launch 5G services in South Africa in the course of this year. Vodacom is banking on Liquid's 3.5 GHz spectrum [...]Uber Ceases Operations in Colombia
Uber has exited the Colombian market, after a court ruling that deemed its operation as unfair competition in the country. On 20th December 2019, the court ruled that the taxi-hailing [...]Airtel-Telkom Merger Hits another Wall
The Airtel-Telkom merger has hit another wall, after the two companies filed an application with the Competition Tribunal to protest against the terms imposed by the Competition Authority of Kenya [...]Airtel to Double 4G Network Sites in Tanzania
Airtel has announced plans to double its 4G network sites in Tanzania. The telco received an operational licence for the 4G network from Tanzanian authorities for which it will pay [...]Interswitch Issues Ksh6.3 Billion Corporate Bond
Interswitch listed Ksh6.375 billion bond on the Nigerian Securities Exchange on 31 January 2020. In a statement, the Nigerian Securities Exchange says that the Callable Senior Unsecured Bond has a [...]
