David Akanshumbusha sells groceries at a stall in Nakawa market on the outskirts of the Ugandan capital, Kampala.
[Ethiopia] Bank of Abyssinia and visa launch e commerce acquiring business using cybersource payment technology
Bank of Abyssinia, BoA, has become the First Bank in Ethiopia to implement Visa CyberSource payment gateway to drive e-commerce acquiring business.
From a new digital marketplace to connect Africa’s creatives with global markets, to masterclasses to help designers share and learn, and webinars to inform and inspire, AfDB's Fashionomics Africa initiative has taken great strides this year.
More than three quarters of people say they are “very concerned” about the environment and feel companies should be doing more to address their impact on the planet.
Network International, an enabler of digital commerce across the Middle East and Africa is set to acquire 100 per cent stake in Africa Online commerce platform operating across 19 countries DPO Group.
Uganda has embraced the digitalisation of the economy. In a society traditionally run by cash, people across the country have flocked to e-commerce platforms for contactless payments and purchases.
Jack Ma Foundation’s Africa Netpreneur Prize Initiative selects Top 50 Finalists of 2020 Africa’s Business Heroes Competition
The 2020 Africa’s Business Heroes prize competition has shortlisted the top 50 finalists from stage one of the selection process.
[Kenya] Mastercard partners with mobile platforms to offer exclusive discounts to consumers shopping from home
Mastercard is partnering with key entertainment, shopping and delivery platforms to provide cardholders with exclusive offers when shopping from home, including free deliveries.
[South Africa] Vodacom Financial Services to create new easy-to-use app with Alipay as technology provider
Vodacom Financial Services has announced a technology partnership with Alipay to bring inclusive mobile solutions to South African consumers and merchants through innovative digital technologies.
Clickatell has announced the launch of Chat Desk, a digital contact center solution that helps agents resolve customer queries and obtain customer insights in real-time.
GreenTec Capital Partners has announced its investment in Pricepally, an innovative digital Nigerian wholesale platform allowing users to purchase food and other products either individually or as a part of a group.
American Express, Discover, Mastercard and Visa have announced they are each beginning technical preparations for global expansion of the Click to Pay online checkout.
[Column] Mukhisa Kituyi: The intricacies, impact and opportunities of e-commerce for trade and development
The world is increasingly going digital. This creates both opportunities and challenges, calling for changes to existing policies and adoption of new policies in many areas.
Amazon announced the creation of 3,000 new virtual jobs in Customer Service in South Africa this year.
COVID-19 is a global pandemic, evolving at unprecedented speed and scale. It is creating a universal imperative for governments and organisations to take immediate action to protect their people.
South Africa’s payment solutions provider Netcash has collaborated with Mastercard to launch Quick Response (QR) code payments across its multi-channel billing platform.
The spread of COVID-19 has accelerated the adoption of mobile financial services, which are increasingly being recognised as a tool to mitigate the use of cash in a world fighting the highly contagious virus.
Leading open SaaS ecommerce platform for fast-growing and established brands BigCommerce announced that Jim Herbert has joined the company as vice president and general manager for EMEA region.
As part of its vision to transform its economy, the Republic of Sudan has announced a new commitment to accelerate the transition from cash to digital payments.
Mukuru, one of Africa’s largest remittance providers, has announced a partnership with global online money transfer service WorldRemit to facilitate money transfers to Zimbabwe from across the globe.
DHL Express has announced its minority stake acquisition in Link Commerce, the UK-based e-commerce firm that helped the logistics company develop its hugely successful DHL Africa eShop platform.
Western Union and South Africa's Mama Money have joined forces to enable Mama Money customers to send money to their loved ones around the world via Western Union’s Global Network.
A\n initiative to experiment on the use of digital wallets Ghana has proven that use of mobile money can make delivery of financial services to farmers much cheaper and less risky.
Mastercard to connect one billion people, 50 million small businesses, 25 million women entrepreneurs to the digital economy by 2025
Mastercard has expanded its worldwide commitment to financial inclusion, pledging to bring a total of 1 billion people and 50 million micro and small businesses into the digital economy by 2025.
Standard Bank has launched a digitized Escrow solution, an online service that has been designed to protect individuals from risks associated with buying or selling goods or services from unknown individuals.
As part of the company’s future-forward strategy and goal of reducing the barrier to entry for all its customers bidorbuy has partnered with Huawei to migrate the bidorbuy app to the Huawei Mobile Services (HMS) platform.
Tanzania is well-positioned to integrate into the global digital economy, thanks to its growing economy and a rapidly developing innovation ecosystem, a new UNCTAD assessment says.
Poultry producers in Ghana are exploring new ways to facilitate training and conduct business online, while restrictions from the global outbreak of COVID-19 threaten to disrupt their livelihoods.
Silafrica has announced it is introducing the Smart Crate Technology for Twiga Foods, a Kenyan company.
GreenTec Capital announces its investment in Ghana’s Sumundi, an innovative digital retail management platform designed to help retailers manage, grow, and sustain their businesses.
Mauritius will set up a technical team to conduct a review of the industrial sector in the country, as well as propose recommendations for the consolidation of the local industry.
DPO Group, has launched an e-commerce store. Powered by Mastercard’s payments gateway technology, the platform will enable merchants across Africa to move their businesses online.
Rensource, a Nigeria-based provider of merchant infrastructure, has launched a digital platform, Merchlist, that helps small and medium-sized retailers get discovered quickly.
Western Union, a leader in cross-border, cross-currency money movement and payments, announced continued expansion of its Global Network for real-time money-movement and payments.
As the COVID-19 pandemic continues to have a devastating impact globally, the African continent, while less affected, is preparing to undergo its own severe social and economic crisis.
Leading eCommerce platform Jumia donated 100,000 masks to Kenya's Ministry of Health to support community health workers, who are on the front line responding to suspected and confirmed cases of COVID19
Free, Senegal's second largest mobile network operator, has deployed mobiquity® Money to enhance its mobile money service 'Free Money' and deliver a world class digital payments experience to its customers.
Mastercard says it is championing efforts to increase contactless payment limits across the Middle East and Africa (MEA) region as people look for safer ways to pay in the wake of the COVID-19 pandemic.
Standard Bank Group, the largest African bank by assets, has announced two new technology start-ups who have been selected and accepted into the Founders Factory Africa (FFA) Venture Scale programme.
Adobe has launched a digital economy index, the pioneer real-time metric of the digital economy that examines trillions of online transactions across 100 million product.
GSMA has unveiled the annual ‘State of the Industry Report on Mobile Money’, showing the impact that greater financial inclusion has on lives, economies and innovation.
Western Union has announced the expansion of its digital money transfer services, the fastest-growing part of its business in 2019, to over 75 countries.
Africa’s e-Commerce platform, Jumia, has offered the support of its integrated ecosystem which includes a marketplace, logistics and online payments to governments in Africa.
Safaricom has rolled out a partnership with public transport sector players to accept cashless payments through M-PESA in the ongoing battle to combat the spread of the Coronavirus.
Online international money transfer company WorldRemit has joined forces with Paykii to launch international bill payments using the WorldRemit app or website.
Africa Business Communities interviews the Cyrus Mulinge, the CEO of Trots Technologies, a Kenyan based mobile commerce platform.
Local retailer Tuskys, and Amref Health Africa in Kenya have announced a working partnership leveraging mutual capacities to manage the Coronavirus threat in the country.
Africa’s e-commerce platform Jumia has announced a major partnership with Reckitt Benckiser, the global health products manufacturer to help consumers access hygienic products at the lowest price.
Samsung and Mastercard to enable digital access to consumers and small businesses in emerging markets
Mastercard has announced a global partnership with Samsung to enable digital access to consumers and small businesses in emerging markets through its extensible Pay on Demand platform.
IrisGuard UK Ltd has announced the deployment of its revolutionary EyePay® Cash mobile platform enabling refugees in Egypt to receive their financial aid assistance via iris identification.
The campaign which will run from 16th – 27th March will see customers visiting the Jumia website to secure deals on phones, computing, televisions, games and consoles, cameras and other accessories.
After securing approval last summer from the "Bank Al Maghrib", Orange Morocco has launched of Orange Money in the kingdom.
As globalization increasingly opens borders of trade for Africa, Traders of Africa, a Nigerian startup is offering the continent’s farmers and traders an opportunity to tap into this goldmine through an online marketplace.
InComm, a payments technology company has partnered with Flash, South Africa's payments transaction integrator, and Pepkor Group, to launch prepaid products in South Africa.
Côte d’Ivoire has partnered with UNCTAD and Germany to assess its readiness for e-commerce.
Pay on demand solutions drive new wave of digital and financial inclusion in Africa, Mastercard report
Mastercard has released a white paper revealing that giving people the ability to pay only for what they use, as they need it, can lift millions of people across Africa out of poverty and make prosperity possible.
In celebration of Black History Month, WorldRemit, a fintech company and provider of international money transfer services, has launched the inaugural Top Ten Most Influential Africans in the Diaspora list.
In a move aimed at encouraging more local manufacturers to sell online, e-commerce leader Jumia is now extending a 50% reduction on commissions for locally produced products sold on the platform.
Reuben Abuloye is the CEO of Buyavrika, a Nigeria-based startup that provides an online market place for African Art and African inspired wear.
With customers spread across 10 countries, Pan-African cloud computing and ecommerce solutions provider Addicnet is redefining cloud computing landscape in the continent through its unique offerings.
Payfort has partnered with MENA’s Fintech innovation of the year, valU for installment sales services, to offer payment plans to a wide group of renowned ecommerce stores.
Online international money transfer company WorldRemit predicts that 2020 will be the year of intra-African remittances.
Pan-African bank, Ecobank, has signed a cross-border remittance agreement with Alipay, the world's payment and lifestyle platform that aims to bring more inclusive financial services.
One of South Africa's event ticketing and cashless platforms, Howler, has secured their second round of growth capital investment to expand Sub-Saharan Africa, and to expand into Europe and APAC.
United Bank for Africa (UBA) Mali has launched Sama by UBA, a money transfer and mobile payment service.
African Fashion International (AFI) has acquired an online marketplace for art, Wezart, which aligns with AFI’s mission to promote and celebrate African creatives showcasing their work on global stages.
Kenya's leading e-commerce platform, Jumia, has opened up its online platform to brands and corporate organizations for advertising as it seeks to raise move revenues.
Ian Sendagala is the CEO of eFoods Trade, an African online B2B marketplace connecting African foods to the global markets. The platform targets food importers, exporters, distributors, and manufacturers.
Online money transfer company WorldRemit has joined forces with Wizall Money to launch its first mobile money transfer service to Senegal.
60% of the adult population in Africa is unbanked and the financial sector is considerably underdeveloped. Fintech has been a welcomed revolution that is seen to be boosting Africa’s financial infrastructure.
While about 18 million Ugandans are now able to access services via the internet, only a fraction of the 18 million are able to bank, pay school fees or utility bills.
Global mobile payments company WorldRemit saw a 43 per cent growth in remittances to Africa from higher income nations in 2019.
Venture capital (VC) is not easily available to every startup, but recently, VC investors hinted at a big year ahead for the B2B FinTech space.
FIS™, a global player in financial services technology, has announced its entry into payment processing in Africa.
WorldRemit has announced a partnership with Alipay, the world's payment and lifestyle platform, enabling consumers to use the WorldRemit app or website for cross-border remittances to the Alipay app.
DPO Group, a payments technology company in Africa, has announced that it is now operating in Senegal, Côte d'Ivoire and the Democratic Republic of Congo in francophone Africa.
Kenneth Oyolla has joined Jumia Kenya as the Chief Commercial Officer (CCO) from IPS Group Limited where he previously held the same position.
Africa Sokoni has entered into a partnership with Nigeria’s e-commerce platform Bolorims.com as they celebrate their second anniversary.
George Kissinger Adem is the Founder and CEO of House of Kissinger, a Kenyan online lifestyle management platform that connects Tourists/VIPs/Expatriates to their favourite luxury and essential goods & services.
Njalo.ng, a free classifieds platform that emphasizes safety and convenience to sellers and buyers, has launched operations in Nigeria.
dLocal, a fintech company that specializes in cross-border payments for emerging markets, has expanded its payments network to include Nigeria and South Africa.
Carbon, Nigeria’s digital financial services company, has launched in Kenya.
E-commerce company Jumia has reported that the 2019 Black Friday had hit a record high, attracting over 100 million unique visits to Jumia's website.
Leading digital money transfer service WorldRemit has partnered with Vodacom Tanzania to enable nine million M-Pesa customers to receive money directly to their M-Pesa wallets from friends and family living abroad.
Visa and the pan-African fintech leader MFS Africa have announced a partnership that will help bridge the gap between the rapidly growing mobile money ecosystem in Africa and the world of online digital payments
Visa and the pan-African fintech leader MFS Africa have announced a partnership that will help bridge the gap between the rapidly growing mobile money ecosystem in Africa.
It is quite phenomenal how in recent years, both e-commerce players and retailers have used Black Friday to sweep thrifty shoppers off their feet.
Amazon company, PAYFORT has partnered with DHL Express to allow DHL express customers across the North Africa complete shipment payments online in their local currencies via debit and credit cards.
DPO Group has reported a record 35% year on year increase in the number of digital transactions made in South Africa on its platform on Black Friday,
Travelstart has entered into a distribution and commercial agreement with Jumia Travel to power the latter’s pan-African online travel booking portal.
The African Development Bank's flagship initiative, Fashionomics Africa, has launched the pilot phase of a digital marketplace to help Africa's fashion designers, textile and accessories professionals connect with global markets.
UCOOK, South Africa's online meal kit provider, has scaled from 24 meals in its first delivery five years ago, to thousands every week now.
uKheshe, a locally developed financial inclusion platform, has enhanced its offering to the unbanked by collaborating with Mastercard to enable informal traders to accept digital payments through Masterpass.
Network International an enabler of digital commerce across the Middle East and Africa, has published research highlighting the key trends putting Payment Acceptance at an inflection point of growth in Africa.
Online retailer Jumia has exited the Tanzanian market, days after it closed shop in Cameroon over reducing fortunes that have negatively affected its profitability.
It was something that Cairo-based shop owner Nader Shawky had come to dread: paying his phone bill.
The GSMA has released two new reports highlighting the positive economic impact of the mobile ecosystem on markets across the Middle East and North Africa (MENA) region.
dLocal has partnered with Americas Market Intelligence (AMI) to research and outline local payments preferences of consumers in Nigeria, South Africa.
Ecommerce platform for moms and babies ohbaby has started using Picup’s software to manage its deliveries around Cape Town and Gauteng,
Today, farmers have access to technology such as the electronic sow feeding (ESF) system that incorporates mixed animal weighing technology aimed at precisely feeding each sow or gilt.