Bolingo Consult helps organizations to deal with miscommunication by seamless technology
One Website, Multiple languages: Bolingo Consult helps organizations to deal with miscommunication by using technology.
[Column] Chester Wisniewski: The internal threat – the hidden face of corporate threats
Intentionally or not, insider threats are legion. For example, when an employee carelessly forgets a USB key containing copies of critical information on the train, he then neglects to comply with all the rules in force
AFC’s Lekela Power wins Equity Deal of the Year at the African Banker Awards
Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, has received the Deal of the Year – Equity award at the just concluded African Banker Awards 2023 ceremony in Sharm El Sheikh, Egypt.
Helium Health has raised $30M in Series-B funding
Helium Health, a Lagos-headquartered healthtech company providing Software-as-a-service (SaaS) tools, financing, and insights to healthcare providers and public health organizations, announced today it has raised $30M in Series-B funding.
[Rwanda] Electric mobility startup Ampersand achieves major milestone with 1,000 motorcycles
Ampersand, the Kigali-based electric motorcycle startup now has more than 1,000 commercial-use electric motorcycles on the roads in Rwanda and Kenya.
Huawei advocates for affordable spectrum to deepen home internet access in Africa
Huawei Technologies has called for a collective adoption of the 2.6 GHz as the dedicated spectrum with the most cost-effective 4G Fixed Wireless Access for home broadband service to scale up the current low penetration rate.
Flutterwave and Token.io partner to provide pay by bank transfer to users in UK and EU
Flutterwave, Africa's payments technology company, has collaborated with Token.io, Europe's account-to-account (A2A) payment infrastructure provider, to power Pay By Bank transfer capabilities for Flutterwave's platform.
MTN Group Fintech appoints Mudassar Aqil as Executive: BankTech
With a wealth of experience in the financial services industry, including a 12-year tenure as a CEO in the banking and fintech space, Mudassar brings with him a deep understanding of banking regulation, lending, payments, and platform strategy.
Global economy on precarious footing amid high interest rates, World Bank report
Global growth has slowed sharply and the risk of financial stress in emerging market and developing economies (EMDEs) is intensifying amid elevated global interest rates, according to the World Bank’s latest Global Economic Prospects report.
African nations feature prominently in global top 100 for online threats, data
Nigeria, currently ranked 50th worldwide for online threats, South Africa at 82nd, and Kenya at 35th, have increasingly become focal points for cyber threats, as per the latest data from the Kaspersky Security Network.
[South Africa] True cyber resilience is a business enabler, says SLVA
Implementing a cyber resilience programme is imperative because cyber is more than IT, it is something that literally touches every part of your business.
Kaspersky reports on new mobile Advanced Persistent Threat campaign targeting iOS devices
Kaspersky experts have uncovered a new mobile APT campaign while monitoring the network traffic of its corporate Wi-Fi network using the Kaspersky Unified Monitoring and Analysis Platform (KUMA).
Afreximbank and Fiducia partner to promote factoring and supply chain finance in Africa
According to the MoU, Afreximbank is partnering with Fiducia in order to provide additional liquidity for trade facilitation through factoring on the Fiducia marketplace.
MTN Group empowers entrepreneurs with launch of 21 Days of Y'ello Care campaign
Building on the successes of prior years, the 2023 campaign underlines MTN's enduring commitment to instigating positive change within the communities it serves.
Google Africa collaborate with CMM for 4th edition of The Future Is Female Mentorship Program
C. Moore Media and Allison+Partners have opened applications for the fourth edition of The Future is Female Mentorship Program.
[Column] Nixon Gecheo: Agtech, a pivotal force driving climate change action in agriculture
Agtech offers numerous tools and techniques for sustainable crop and livestock management, including the use of climate-resilient seeds, and improved breeding techniques that result in higher yields with reduced land, water, and chemical inputs
Regional winners of the Global Startup Awards Africa announced
Seventy-one startups from across Africa have been named regional winners at this year’s Global Startup Awards (GSA) Africa – the largest, independent startup ecosystem competition on the continent.
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that gained significant networking and communication skills through her extensive travels and appearances at international conferences and trade shows.
[Column] Mansoor Hamayun: Why smallholder farmers should be top of the bill at COP28
Six months from now, the world will descend on Dubai for COP28. Unfortunately, every COP summit sees more time spent talking about the vulnerabilities of the Global South and the aid required.
Centi partners with Centbee to empower African diaspora with blockchain-based transfers
Remittances are the financial backbone for many African households, with Switzerland's sizeable diaspora community playing a significant role.
AfDB approves $20 million investment in private equity fund targeting the infrastructure sector in Africa
The Africa50 Infrastructure Acceleration Fund I is a pan-African infrastructure private equity fund that is mobilizing up to $500 million for investment and value creation in strategic infrastructure sectors.
5 African countries pledged to uphold free internet in 2021 UN resolution, yet imposed 16 restrictions since
By comparing countries’ stances with data from Surfshark’s Internet Shutdown Tracker, Surfshark was able to identify 5 African countries that claimed to support the resolution but “broke their word” by imposing internet restrictions.
Yellow Card and Tether join forces to drive stablecoin education and adoption among the African youth
Pan-African fintech and cryptocurrency exchange Yellow Card and Tether, the stablecoin provider have completed completion of Phase 1 of their strategic collaboration across three key African markets.
[Column] Christopher Sau: Ready to fly - A cloud migration roadmap for Kenyan enterprises
According to the Cloud in Africa 2023 report by World Wide Worx, 84% of Kenyan organisations increased their cloud service spending last year. This is fuelled by an increase in the number of local data centres and available cloud platforms
Kenya to host newly launched Diageo’s Africa Digital Hub
Global drinks company, Diageo Plc, will host the newly launched Africa Digital Hub in Kenya to accelerate its digital transformation ambition.
[Interview] Hontinfinde Jean: Co-Fondateur, CTO chez Arnio
Arnio est une nouvelle marque de classe mondial dans la conception et le développement de véhicule électrique en Afrique.
DataPathology ouvre son capital au fonds d’investissement Azur Innovation Fund
La start-up spécialisée dans le diagnostic pathologique à distance, DataPathology, accueille Azur Innovation Fund, un nouvel investisseur local dans son tour de table.
Cairo named new venue for 3rd Intra-African Trade Fair
The Egyptian capital city of Cairo has been announced as the new host of the third Intra-African Trade Fair (IATF2023) which will now take place from 9 to 15 November 2023.
Amethis investit dans la société espagnole HB Aesthetics
Soutenu par Amethis, le spécialiste espagnol de produits dermocosmétiques HB Aesthetics prépare son expansion africaine.
IFC to invest in the Africa Conservation and Communities Tourism Fund (ACCT Fund)
IFC invests in the Africa Conservation and Communities Tourism Fund to Support Ecotourism, Conservation in Sub-Saharan Africa
AFC secures US$625 million Syndicated Loan with New Lenders from Middle East and Asia
Africa Finance Corporation, the leading infrastructure solutions provider on the continent, announces that it has secured a US$625 million syndicated loan with new lenders from the Middle East and Asia.
[Column] Garry Ackerman: Embracing the cloud - Mitigating load shedding impacts on business operations
Load shedding poses significant challenges for businesses, disrupting operations, and hindering productivity. However, the cloud offers a viable solution to mitigate the impacts of power outages.
Ciwara Capital, une société d’investissement portée par la diaspora Africaine
Ciwara Capital est une société d’investissement tournée vers l’Afrique, portée par des membres de la diaspora africaine.
MultiChoice, Rapyd and General Catalyst to develop new integrated payment platform for Africa
MultiChoice Group, Rapyd and General Catalyst on Monday announced a joint venture aimed at developing an integrated payment platform for Africa.
[South Africa] Jonathan Duncan Joins Vertiv Africa Engineering and Technical Team
Vertiv, the global provider of critical digital infrastructure and continuity solutions, has appointed Jonathan Duncan as application engineering and technical solutions director for Africa.
Green technology fund raises Sh171 million from FSD Africa
Venture fund startup Africa Climate Ventures (ACV) has raised £1 million (Sh171.1 million) for investing in companies focused on environment-friendly projects in the continent.
Letshego Bank Tanzania and Tanzania Commercial Bank announce new partnership for deposits
Letshego Bank Tanzania, a subsidiary of Letshego Holdings Limited (Letshego Group) and Tanzania Commercial Bank have announced their partnership for deposits.
Africa50 et BOAD s’associent pour développer et cofinancer des infrastructures vertes en Afrique
Le Directeur Général d’Africa50, Alain Ebobissé, et le Président de la Banque Ouest-Africaine de Développement, Serge Ekué, ont annoncé un partenariat visant à mobiliser les capitaux des investisseurs institutionnels pour les infrastructures africaines, et à identifier des projets à cofinancer.
The launch of Capacity-Building Program to foster economic and financial development of African cities
United Cities and Local Government of Africa (UCLG Africa), in partnership with the African Development Bank (AfDB), is organizing the second phase of its capacity-building program for Chief Financial Officers of African cities.
[Column] Joanne Mwangi – Yelbert: Entice more women in tech to bridge skills gap and bolster growth
Digital technologies hold immense potential to improve people’s economic and social outcomes, yet challenges remain regarding women’s access to and use of these technologies.
Afreximbank wins two top prizes at African Banker Awards 2023
The African Export-Import Bank (Afreximbank) walked away with two of the most prestigious prizes at the African Banker Awards 2023 held in Sharm El Sheikh, Egypt, receiving the awards for the African Bank of the Year and the DFI of the Year.
[SAP on Google Cloud] An Intelligent Enterprise enabled by Incentro Africa with SAP and Google Cloud
At Incentro Africa's SAP on Cloud Storefront, we possess end-to-end capabilities and industry-specific insight to assist you in realizing the full transformative potential of the cloud.
[Column] Shameel Joosub: Unlocking AfCFTA's potential value
Encompassing 54 countries and 1.3 billion people and accounting for revenue of over US$3.4 trillion in terms of GDP, the AfCFTA’s potential value is enormous.
Centbee and nChain partner to further global blockchain payment technology
Blockchain payments company Centbee has announced that it has formed a strategic partnership with nChain, a world player in Web3 and Blockchain technologies to strengthen its blockchain payments technology offerings.
Africa to become the second-fastest growing region after Asia AfDB report
But the projected growth will depend on global conditions and the continent’s ability to bolster its economic resilience, the African Development Bank’s 2023 African Economic Outlook report has found.
[Column] Chester Wisniewski: Protecting Assets in a Remote-First and Potentially Hostile World
With both persistent attacks and post-pandemic remote work here to stay, modern security solutions must assume the endpoint device or phone operates in a dangerous environment at all times.
AFC and Japan Bank for International Cooperation collaborate to accelerate energy transition in Africa
Africa Finance Corporation (AFC) and Japan Bank for International Cooperation (JBIC) have signed a Memorandum of Understanding (MOU) to collaborate on infrastructure projects that contribute to accelerating energy transition in Africa and promoting economic sustainability on the continent.
2CAfrica campaign was launched to increase SME financing and build local financing ecosystems
Inaugural West Africa Deal Summit generates commitments to deploy Catalytic Capital to close Small and Medium Enterprise (SME) financing gap.
AFEX plans to expand into 7 new African countries
AFEX, Africa’s leading commodities market player to announce that it has secured first place in the Financial Times (FT) ranking of Africa’s Fastest-Growing Companies in 2023.
How does African women’s health compare to women’s health around the world?
In Africa, however, according to the World Health Organization, a woman’s life expectancy is just 54 years.
Research PLUS Africa launches new collaborative platform for African researchers
Research PLUS Africa has unveiled a collaborative platform aimed at empowering African researchers and revolutionizing the research landscape on the continent.
Azercosmos and Intelsat’s collaboration opens the way to unreachable places in the African region
Azercosmos and the global satellite operator Intelsat have signed a commercial agreement on the joint implementation of long-term projects in the West African region.
ITC, African Union Commission partner to empower small businesses unlock intra-African trade
Together, the organizations will foster inclusive trade in Africa by incorporating small enterprises into the regional economy, and promote the sharing of trade information and market intelligence across Africa through the African Trade Observatory (ATO).
IFC envisage d’accorder un prêt global de 47,5 millions $ à 6 filiales africaines du groupe financier Baobab
Le groupe financier français, présent en Afrique, négocie un prêt en monnaie locale avec la Société financière internationale pour 6 de ses filiales en Afrique subsaharienne.
[Incentro - Google Webinar] How to upgrade your classroom with GWS for Education
Elevate your classroom into a collaborative and innovative hub with GWS (Google Workspace) for Education - empowering learners and teachers to reach new heights!
[Column]Chinelo Anohu: Change Africa’s narrative through partnerships and investment
Change Africa’s narrative through partnerships and investment, says Africa Investment Forum’s Senior Director.
[Column] Darryl Pietersen: Africa’s digital dividend: The role of technology in remittances
The growth of Africa’s digital economy has resulted in many positive changes.
IN Groupe partners with Entrust to modernize identity programme in Africa
IN Groupe and Entrust have announced that they have expanded their partnership to modernize an African government’s identity program, bringing greater security and scalability to meet the identity challenges of today and into the future.
MTN targets over 40 million small businesses across Africa with launch SME Day
MTN, Africa's telecommunications company, has announced its upcoming SME hybrid event aimed at fostering growth and providing essential resources to the continent's small and medium-sized enterprises (SMEs).
[Interview]: Ady Namaran Coulibaly, Operations Manager at Bolingo Consult
Ady Namaran Coulibaly is Operations Manager at Bolingo Consult, she is dedicated to providing localization and multicultural insights for Africa and its languages to Language Services Buyers and LSPs.
Sabi raised $38 Million for B2B marketplace serving African retailers
African B2B e-commerce startup Sabi tops $300M valuation in new funding.
MTN GlobalConnect achieves MEF 3.0 Carrier Ethernet Services Certification
MTN GlobalConnect has attained a MEF 3.0 Carrier Ethernet Services Certification.
Bayobab and Microsoft form strategic connectivity partnership enabling future growth for Africa
Bayobab, formerly known as MTN GlobalConnect to announce the strategic pan-African connectivity partnership with Microsoft.
ExecuJet MRO Services Africa awarded authorised service centre status for Embraer
ExecuJet MRO Services has been appointed by Embraer as its authorised service centre (ASC) for business jets in Africa. The decision represents an expansion of the aircraft manufacturer’s service network in the region.
[Column] Somesh Adukia: Paper versus digital: The Future of work
Over the past two years, remote and hybrid arrangements have become the norm in the workplace.
Mobile money services reached transaction value of $1.26 trillion in 2022, report
The report, published annually by the GSMA and funded by the Bill and Melinda Gates Foundation, demonstrates that rates of adoption are even quicker than expected, with the number of registered mobile money accounts growing by 13% year on year, from 1.4 billion in 2021 to 1.6 billion in 2022.
[South Africa] Africa Data Centres and LINX form a partnership to explore digital growth in Africa
Africa Data Centres has entered into a strategic partnership with The London Internet Exchange (LINX), to explore growth and opportunities in current and new markets across Africa.
Acquisition of 16% stake in NBX and capital increase by SPENN
SPENN Technology A/S announces the acquisition of 16% ownership in Norwegian Block Exchange AS (NBX) through a share purchase agreement with Observatoriet Invest AS, a company owned by Bjørn Kjos and family.
[Column] Takalane Khashane: What companies need to know about prioritising information security in the cloud age
The cloud allows businesses to rapidly store, analyse and act on large amounts of data and insights – which in turn accelerates innovation, agility and competitiveness.
Mastercard Foundation and First Consult announce program to support 72000 Micro, Small, and Medium Enterprises
The Mastercard Foundation and First Consult have announced the Micro, Small, and Medium Enterprise Recovery and Resilience (“MESMER”) Program to support 72,200 informal, start-up, and formal enterprises.
La Fondation Batonga en partenariat avec la Fondation Mastercard étend ses programmes au Sénégal
La Fondation Batonga d’Angélique Kidjo étend ses programmes au Sénégal pour maximiser sa portée auprès desadolescentes et des jeunes femmes
[Kenya] Bolt launches driver engagement centre
Bolt, the on-demand mobility platform in Africa, has launched a driver engagement centre in efforts to enhance its driver relations and address drivers expectations in terms of handling their concerns.
Deal Source Africa platform launched to bridge the 331$bn funding gap for African businesses
The program will help to bridge the $331 billion funding gap for African SMEs, especially those with high growth potential by offering solutions that are tailored to meet their business needs
AfriLabs welcomes 19 new members, expands to two new cities
AfriLabs, the largest network of technology and innovation hubs in Africa has announced the admission of 19 new members to its community.
All resolutions approved at Ecobank Transnational Incorporated’s 35th AGM and EGM
Ecobank Transnational Incorporated (“ETI”), the parent of the Ecobank Group, the leading pan-African bank with a presence in 35 African countries, held its 35th Annual General Meeting (AGM) and an Extra Ordinary General Meeting in Lomé, Togo.
Africa50 and Bayobab in partnership to develop pan-African terrestrial fibre
Bayobab and Africa50 signed a partnership to develop Project East2West, a terrestrial fibre optic cable network connecting the eastern shores of Africa to those on the continent’s west.
Africa50 et Bayobab s'associent pour développer les réseaux de fibres optiques terrestres en Afrique
Bayobab et Africa50 ont signé lundi un partenariat visant à développer le projet East2West, un réseau de câbles terrestres à fibres optiques reliant la côte est de l'Afrique à celle de l'ouest du continent.
MTN GlobalConnect rebrands as Bayobab to strengthen its commitment to digitally connecting Africa
MTN GlobalConnect announced an important step in the evolution of its business through the unveiling of its new name and positioning – Bayobab.
[Column] Ruth Njihia: Cloud economics demystified - navigating budget constraints with Google Cloud
Moving to the cloud can be a game-changer for businesses, allowing them to pay only for the resources they need, when they need them, and easily scale up or down as their needs change.
Tizeti to tackle broadband underdevelopment in Cote d’Ívoire with Microsoft
Tizeti, a leading internet service provider in West Africa, announced an expanded collaboration with Microsoft to address the issue of broadband underdevelopment in Cote d’Ívoire and bring internet access to almost five million people.
[Kenya] Digital payments firm DPO Pay announces new leadership appointments
African digital payments company DPO Pay has announced the appointment of Isabella Marira as Group Head of Operations. The firm has also named Daisy Shipwoni as Head of Marketing.
Mediawan annonce l’acquisition des sociétés Côte Ouest
Mediawan annonce l’acquisition des sociétés Côte Ouest,Cote Ouest Audiovisuel Maurice et Atlantic Pictures Limited.
[South Africa] BT partners with ServiceNow to simplify contact centre transformation
It will be delivered and managed by BT and ServiceNow to help customers create fully digital, comms-enabled workflows without having to engage multiple partners.
USD 11,70 millions de la BAD pour faciliter l’accès aux engrais des producteurs agricoles africains
Le Conseil d’administration de la Banque africaine de développement a donné son feu vert à la dotation budgétaire de 11,70 millions de dollars au Mécanisme africain de financement du développement des engrais (MAFDE).
FEEXPAY a officiellement rejoint la sphère fintech africaine
FeexPay, un agrégateur de paiement pour accélérer l’inclusion financière sur le continent africaine.
Absa acquires minority stake in agritech start-up, Khula!
In line with its strategic intent to be a digitally powered business that is committed to transformation, Absa Bank has acquired a minority stake in the agritech start-up, Khula! App Pty Ltd.
TDB supports World Trade Board plan to empower SMEs through trade and finance
The Eastern and Southern African Trade and Development Bank (TDB) has contributed to the World Trade Board’s new plan to drive greater access to trade finance for MSMEs, the Financial Inclusion in Trade Roadmap.
Fake ChatGPT apps scam users out of thousands of dollars, Sophos reports
Sophos has announced that it had uncovered multiple apps masquerading as legitimate, ChatGPT-based chatbots to overcharge users and bring in thousands of dollars a month.
Access Bank launches in France to strengthen trade links between Africa and Europe
As part of its strategic moves to boost trade and investment between Africa and Europe, Access Bank Plc, one of Nigeria’s biggest financial services institutions, has established a new subsidiary in Paris, France.
AfDB approves $11.7 million to facilitate access to fertilizers for African farmers
The Board of Directors of the African Development Bank, AfDB, has approved a $11.7 million budgetary allocation to the African Fertilizer Financing Mechanism (AFFM) for its 2023 operations.
Près de FCFA 60 milliards de financement pour de nouveaux projets en Afrique Centrale
La Banque de Dévelopement des Etats de l’Afrique Centrale (BDEAC) a tenu en session ordinaire son Conseil d’Administration pour approver près de FCFA 60 milliards de financement pour de nouveaux projets.
Climate tech startup Amini raises $2 million to solve environmental data scarcity for Africa
Within the first six months of operation, the company has developed a robust data aggregation and analytics platform capable of collecting, unifying, and processing satellite data, weather data, and other types of data down to a square meter.
Deal Source Africa platform launched to bridge the funding gap for African businesses
Deal Source Africa, a comprehensive program to connect African businesses with investors and transaction advisors and African Impact Funds with investors, officially launched at the West Africa Deal Summit held in Accra.
[Column] Gawie Kanjemba: The state of play of African oil and gas
Historically, oil and gas projects are known to experience delays ranging from 5% to 20% of the project duration owing to project complexity, significant capital requirements and the multi-faceted nature of developments.
HP selects Mitsumi as authorized distribution partner for more than 20 francophone countries
HP has named Mitsumi Distribution as one of the authorized HP distribution partners in more than 20 francophone countries in West and Central Africa.
Société Générale et AGF en faveur de la croissance de l’économie africaine.
African Guarantee Fund et Société Générale ont signé quatre nouvelles conventions de garantie de portefeuilles souscrites par les filiales de Société Générale: Société Générale Cameroun, Société Générale Madagascar, Société Générale Congo et Société Générale Tchad.
Focus Africa Conference to strengthen aviation’s contribution to African development
The International Air Transport Association (IATA) has announced that the Focus Africa Conference will delve into six priorities under IATA’s Focus Africa initiative to strengthen aviation’s contribution to the continent’s economic and social development.
MTN messaging app Ayoba surpasses 25 million monthly active users
Africa’s super app ayoba has announced the achievement of a significant milestone – surpassing the 25 million monthly active users’ mark as we celebrate our fourth anniversary.
Nouvelle coopération entre Sinopharm Foreign Trade signe et LAPROPHAN
La coopération couvre tous les domaines de la santé et de la médecine, notamment les préparations pharmaceutiques, les principes actifs, les articles de conditionnement, les consommables pharmaceutiques et les dispositifs médicaux ainsi que les équipements et matériels de production pharmaceutique.
Apis Partners leads €29M Series A funding for African fintech Peach Payments
Apis Growth Fund II, a private equity fund managed by Apis Partners LLP announces its proposed investment of €29M (US$31M) in Baobab Payments GmbH (trading as Peach Payments), a rapidly growing digital payment service provider that enables online payments in Africa.