Business - (Page 11)

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Business

A collection of 361 posts

Paratus Namibia Announces Launch of Armada Datacentre

Paratus Namibia Announces Launch of Armada Datacentre

Africa is a desirable location for large cloud operators because to the region’s growing demand from banks and telecoms for quicker processing. Africa has seen an increase in Cloud’s footprint during the last two years. To meet anticipated increasing demands as businesses migrate to the cloud and go

Fast Ride Launches As Nigeria's First E-hailing Company

Fast Ride Launches As Nigeria's First E-hailing Company

The first indigenous e-hailing company in Nigeria has launched. Fast Ride Limited, the initiator Fast Ride App, is determined to provide Nigerians with an tool for easy transportation and logistics. Fast Ride has formally began operation with its mobile application the “Fast Ride”. In attendance of the launching, notable companies

Aman Launches New Subsidiary, Aman Securitization Company, to Deepen Financial Inclusion in Egypt

Aman Financial Services

Aman Launches New Subsidiary, Aman Securitization Company, to Deepen Financial Inclusion in Egypt

Aman Group, an Egyptian-based Fintech company that provides non-banking services, has announced the launch of Aman Securitization Company. The firm is a subsidiary of Raya Holding for Financial Investments. As a leading company in the Egyptian fintech space, Aman for E-Payment works to achieve financial inclusion through digital solutions. It

Safaricom Partners With Kodris Africa To Develop Kenya's Coding Skills

Safaricom Partners With Kodris Africa To Develop Kenya's Coding Skills

Kodris Africa, an education technologies organization, and Safaricom, Kenya’s leading mobile network service, have gone into partnership to strategically promote the study of coding via the purchase of a yearly tutorial on the M-Pesa app (Safaricom’s Mobile Money Platform). With this partnership, customers can procure tokens with a

Shoprite Takes Its Petshop Science Brand Online with Premium Brands & Home Deliveries

The Shoprite Group announced that it is bringing its Petshop Science brand online in order to increase its online presence. This comes as South Africa’s pet industry continues to expand; in the past year alone, Petshop Science has launched 22 physical locations across the country. An extensive assortment of

Massinart.ma, Moroccan Decorative Paintings Startup, Adopts Augmented Reality

Augmented Reality

Massinart.ma, Moroccan Decorative Paintings Startup, Adopts Augmented Reality

Massinart.ma, a Moroccan decorative paintings startup has integrated augmented reality technologies into its customer experience strategy. This makes the startup the first Moroccan startup to invest in the field of augmented reality. This state-of-the-art technology allows incredible levels of immersion and visualization related to decoration paintings. It is a

Max Partners With Yahama's MBSN To Scale Services

Max Partners With Yahama's MBSN To Scale Services

Metro Africa Xpress, Max, a Nigerian tech mobility platform is now in partnership with Moto Business Service Nigeria (MBSN) a subsidiary of Yamaha Motor in Nigeria. this partnership follows Max’s recent achievement of 100 million kilometers. The Max X MBSN is in existence to generate maintenance finances for about

NALA Opens Headquarters in Nairobi, Partners with Equity Bank

NALA Opens Headquarters in Nairobi, Partners with Equity Bank

NALA, a Tanzanian fintech with a developed system to process payments has opened its Headquarters in Nairobi, Kenya, and likewise partnered with Kenya’s Equity Bank. This will be NALA’s first physical presence since inception as it had previously run a fully remote workforce, this time the headquarters will

Remedial Health Enables Buy-Now-Pay later Policy To Maximize Sales Opportunity

Remedial Health Enables Buy-Now-Pay later Policy To Maximize Sales Opportunity

Remedial Health, a Nigerian health startup has activated a flexible payment plan for its customers to help them maximize sale opportunities in the pharmaceutical market. This was made known when Co-founder Samuel Okwuada granted journalists an interview. As reported, Okuada revealed that this policy is provided to assist drug store(

Kwik Delivery Launches E-commerce Platform Kwikstore

Kwik Delivery Launches E-commerce Platform Kwikstore

Kwik delivery has decided to expand its services as it ventures into the growing e-commerce industry by launching the Kwik store. This is an initiative that is intended to enable and empower vendors. The Kwik Store will provide a free e-commerce retail store solution that will enable African entrepreneurs, vendors,

Guichet.com, Morocco's Leading E-Ticketing Startup, Records Over 1M Sells, Expands to Senegal

Guichet.com, Morocco's Leading E-Ticketing Startup, Records Over 1M Sells, Expands to Senegal

Guichet.com, Morocco’s digital ticketing market leader, has announced its first international expansion outside of Morocco. The Moroccan pioneering ticketing startup announced the formal launch of its Senegal subsidiary. The new branch, headquartered in Dakar, Senegal, is the result of a strategic alliance between Guichet.com and a leading

MTN Partners MIA Telecoms to Offer Tech Entrepreneurs New Revenue Streams

MTN Partners MIA Telecoms to Offer Tech Entrepreneurs New Revenue Streams

MIA Telecoms has been chosen by MTN Business to serve as its aggregator for the administration of new partners and resellers. Through this tactical alliance, MTN Business will expand its reach and give its new partners a better overall relationship experience. With MTN’s market-leading mobile and connectivity solutions, emerging

Telda, Egypt’s Fintech Receives Final Approval from The Central Bank of Egypt to Launch Telda Card and App

Telda, Egypt’s Fintech Receives Final Approval from The Central Bank of Egypt to Launch Telda Card and App

Telda, an Egyptian fintech startup, has officially received the final approval from The Central Bank of Egypt (CBE) to start operating its card and application in the Egyptian market in a stride to fulfill financial inclusion and digital transformation goals as envisioned by the country’s apex bank. The Telda

Mohamed El-Sewedy Acquires Magma via Averroes Ventures for an Undisclosed Amount

Averroes Ventures

Mohamed El-Sewedy Acquires Magma via Averroes Ventures for an Undisclosed Amount

Averroes Ventures, an Egyptian early-stage VC firm backed by the Mohamed El-Sewedy, has acquired sportswear startup, Magma for an undisclosed sum. Averroes Ventures’ acquisition of Magma, one of Egypt’s promising sportswear manufacturers, will reposition the startup to meet the needs of an untapped segment of the Egyptian market. Magma

Seamfix Develops Personal NIN Service

Seamfix Develops Personal NIN Service

Seamfix, a software development company focused on Identity management, has developed a unique service to enable Nigerians to have seamless identification registration. Coming up with its latest service, Personal National Identification Number(P-NIN), Seamfix intends to solve the problems people face when registering their identification number, mainly because it has

The Boston Consulting Group reports that South African Investors Are Turning to Emerging Trends to Make Money

Assets Management

The Boston Consulting Group reports that South African Investors Are Turning to Emerging Trends to Make Money

According to a new analysis by Boston Consulting Group, the asset management sector kept up its remarkable growth trajectory in 2021. Results indicated that South African investors are tilting toward investing in emerging trends other than other investment areas. According to the report, the worldwide Assets under Management (AuM) increased

Juan Seco Becomes Jumia Kenya CEO Replaces Betty Mwangi

Juan Seco Becomes Jumia Kenya CEO Replaces Betty Mwangi

Juan Seco becomes Jumia Kenya’s new Chief Operating Officer (CEO) as the popular e-commerce platform makes yet another change in its leadership staff. Juan succeeds Betty Mwangi, who was Jumia’s CEO from December 2021, till yesterday, making it just eight (8) months she served the Jumia organization. According

Bloc Aquires Orchestrate To Enable Seamless Banking

Bloc Aquires Orchestrate To Enable Seamless Banking

Bloc has announced its complete acquisition of Getwallet, now known as Orchestrate. The full-service FinTech company was acquired for many reasons: to provide seamless payments for its customers. Announcing on its LinkedIn page, Bloc stated that, Orchestrate had developed a platform that can help Bloc fulfill its payment mission. Orchestrate

Errand360 Partners With Jumia Food For Last Mile Support

Errand360 Partners With Jumia Food For Last Mile Support

Nigeria’s eco-friendly delivery hub, Errand360, has partnered with Nigeria’s leading online mall, Jumia, to go an extra length to make swift delivery a reality. Built to run short and quick errands within the community, Errand360 is known to use bicycles to run its trips, avoiding traffic and being

Jumia Food Uganda Launch Quick Commerce Platform

Jumia Food Uganda Launch Quick Commerce Platform

Jumia, in a bid to satisfy its customer’s demands in Uganda, has launched a quick commerce platform through its subsidiary, Jumia Foods Uganda. the platform is meant to meet the increased customer demands at a rapid delivery time. This platform is expected to allow consumers to receive items, groceries,

Onilbox To Take Over Tanzania Fit-Tech

Onilbox To Take Over Tanzania Fit-Tech

OnilBox, a Tanzanian based startup, is set to become one of the largest fitness technology (FitTech) in the country. Being just over a year after going live, OnilBox has helped various users find comfortable or private fitness locations, therefore building a large fit-tech community in Tanzania. Going live in 2021,

Mdundo and Universal Music Group Sign Deal to Bring its Music Catalog to African Audiences

Mdundo and Universal Music Group Sign Deal to Bring its Music Catalog to African Audiences

Mdundo, a pan-African music streaming platform signed a licensing deal with the Universal Music Group (UMG), the world’s leading Music Company to make available UMG’s catalog to African users. The Afrocentric streaming platform says the deal will strengthen its offering to its 17 million active monthly users and

Damen Partner BKN301 and Cashflo to Roll Out mobile Wallet App

Damen Partner BKN301 and Cashflo to Roll Out mobile Wallet App

Damen, a digital Payment startup, is collaborating with BKN301, a fintech firm that develops payment services and Banking-as-a-Service functionalities, and Cashflo, BKN301’s exclusive Egyptian partner, to fully digitize its product infrastructure, expand its offering with innovative services, and improve user experience via its technology platform. The pledge is part

Creditchek raises $240,000 in a pre-seed funding

Creditchek raises $240,000 in a pre-seed funding

Nigerian fintech startup, Creditchek, has announced its success in raising pre-seed funding of $240,000. Co-Founder Ibe Kinsely took to LinkedIn to make this announcement. Creditchek is a financial service company developed to check and verify customers’ credit worthiness. According to Kinsley, Creditchek raised the pre-seed to build a reliable

Visa Partners Flocash to Promote Digital Capabilities for African SMEs

Visa Partners Flocash to Promote Digital Capabilities for African SMEs

Visa, the world’s leading digital payments company, announced today that it is partnering with Flocash, Africa’s fastest-growing fintech 2022, to promote digital capabilities for African SMEs through digital payments, supplier solutions, and access to financial services. The first step in this collaboration is the launch of Flostore, powered