Africa Tech

Pan-African fintech startup Payday joins Techstars Toronto Accelerator program

10-22-2021 | 15:53:19
Payday, a Pan-African fintech startup announced it has joined Techstars Toronto Accelerator program.

Africa Blockchain Center raises $7x figure seed investment to set up structures across 6 markets

10-22-2021 | 15:49:00
The Africa Blockchain Center (The ABC), a Kenyan startup focused on building technology capacity and offering blockchain solutions to key sectors, raised a $7x figure investment from Next Chymia Consulting.

Lleida.net and Smart Africa sign agreement to digitize public services in the continent

10-22-2021 | 11:26:29
Lleida.net and the international organization Smart Africa have signed a Memorandum of Understanding to cooperate in the digitization of all types of public processes through the use of the SaaS services belonging to the Spanish company.

MFS Africa signs agreement to acquire Nigerian fintech startup Baxi

10-22-2021 | 09:08:00
Pan-African digital payments hub MFS Africa signed an agreement to acquire Baxi, one of Nigeria's super-agent networks. The deal, which is subject to approval from the Central Bank of Nigeria, will be the second highest fintech acquisition in Nigeria to date.

Africell opens high-tech data centre in Angola

10-21-2021 | 23:58:45
Africell Group's Chairman and CEO opens Africell's new data center in Luanda with the help of Angola's National Director for Telecommunications and Information Technologies and US Ambassador to Angola.

Liquid Intelligent Technologies named best African wholesale carrier for 10th consecutive year

10-21-2021 | 23:48:10
Liquid Intelligent Technologies was awarded the Best African Wholesale Carrier for the 10th consecutive year at The Global Carrier Awards ceremony in London last night.

[Nigeria] Fintech Startup Brass Secures $1.7m Financing Round

10-21-2021 | 14:31:00
Brass, a Nigerian digital bank delivering easy access to affordable premium banking services for small and medium-sized businesses (SMEs), has today secured $1.7mn in funding.

[Kenya] Equity Revamps its Online Banking Solutions to Drive Customer Convenience

10-21-2021 | 13:17:00
Equity Bank has revamped its online banking offering, previously known as Eazzy Net, in line with the bank’s One Equity strategy to provide a seamless customer experience across all banking channels.

16% more Kenyans attacked with password stealers in 2021, report

10-21-2021 | 13:11:00
Kaspersky experts noticed increased activity from fraudsters stealing passwords by using special malware called Trojan-PSW

Mastercard partners with TNM Mpamba to boost digital payments in Malawi

10-21-2021 | 12:20:43
In a country-first for Malawi, mobile money service provider TNM Mpamba has launched a Mastercard debit card, enabling its customers – even those without bank accounts – to make safe and seamless in-person and online digital payments on the Mastercard network.

Mondia Digital and Mondia Pay join Vodacom’s VodaPay Super App offering

10-21-2021 | 12:03:00
Mondia Digital has integrated all of its technology, content and services into the easy-to-use VodaPay Super App environment. It is also responsible for connecting third-party content providers into this ecosystem.

[Angola] South Atlantic Cable System Steps up to Support Major Telco Operators and Global Content Providers

10-21-2021 | 11:40:47
The South Atlantic Cable System (SACS) has seen a considerable increase in traffic as major telco players look for direct access to markets in the US and South America.

Safaricom had the highest internet Speed Score in Kenya in Q3 2021, report

10-21-2021 | 11:27:00
Safaricom had the highest internet speeds among top providers in Kenya in Q3 2021. This is according to Ookla's Q3 Internet Performance Report on the state of Kenya's mobile and fixed networks released this week.

AfDB, MTN sign $500,000 grant agreement to study women’s access to financial services in Nigeria

10-21-2021 | 08:48:00
The African Development Bank (AfDB), signed a grant agreement for $500,000 with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN Nigeria, to be used for a study into factors hampering access to finance for women in northern Nigeria.

[Kenya] Wapi Pay founders Eddie and Paul Ndichu step down from their roles

10-21-2021 | 08:36:41
Eddie Ndichu has been the CEO of the Singapore and Kenyan-based Fintech startup, while his twin brother Paul Ndichu was the Executive Director. Elizabeth Kariuki who is the Chief Operating Officer will now take over as interim CEO.
 
Features

[Africa Tech Review] Duncan Mochama: Fintech startup Wapi Pay founders Eddie and Paul Ndichu step down from their roles

10-22-2021 | 06:46:00
This has been a very interesting week in tech in Africa. We covered a number of great announcements from a number of tech companies in the region, especially startups.

[Column] Warren Myers: AI will reduce SA’s crime stats as early as 2023

10-21-2021 | 13:34:00
By combining the forces of AI, private and public security, crime can be fought in a collective, coordinated, and proactive way. Safety should be a basic human right, not a privilege. And now, it can be.

[Column] Marilyn Moodley: The future of work / Technology stack

10-21-2021 | 08:17:00
n what felt like the blink of an eye, the work landscape was transformed as the pandemic spread across the world in 2020.

[Column] James Bayhack: How mobile service cloud can transform customer experience

10-19-2021 | 10:23:54
Think about how you do business today compared to just a few years ago. Customer service was measured by metrics like how many rings there were before your service department answered. In addition, were your retail staff smiling and pleasant, and did your team respond to a customer email timeously.

[Africa Cloud Review] Simon Ngunjiri: Data centres are a growing investment opportunity in Africa

10-18-2021 | 14:34:00
Data centres are a growing investment opportunity in Africa. These increased investments is a clear indication that cloud adoption in the region has reached new heights

[Column] John Mc Loughlin: How to stop security threats early

10-18-2021 | 08:58:51
Every business needs comprehensive protection including a cloud-based email security solution that reduces the complexity of protecting companies from malware, spam and data leakage.

[Column] Mark Dankworth: The connected continent

10-18-2021 | 08:23:31
According to the Global System for Mobile Communications (GSMA) 2021 State of the Industry Report on Mobile Money, the number of registered mobile money accounts grew by 12.7% globally in 2021 to 1.21 billion accounts

[Africa Tech Review] Duncan Mochama: Oracle to build its first African data centre in Joburg

10-15-2021 | 07:45:23
Global software giant Oracle this week announced that it has chosen Johannesburg as the site of its first African data centre.

[Column] Ryan Mer: How social engineering exploits business vulnerabilities

10-14-2021 | 15:23:55
According to Ryan Mer, Managing Director, eftsure Africa, a Know Your Payee™ (KYP) platform provider, fraudsters are constantly finding new ways to exploit vulnerabilities and attack corporate payment systems.

[Column] Ian Lessem: The rise of African tech unicorns

10-14-2021 | 07:04:00
African unicorns have made big news in recent months, with four startups having recently reached a $1 billion valuation or more this year alone, taking the total up to seven.

[Column] Mark Dankworth: Africa leads the way in mobile money, will change banking as we know it

10-13-2021 | 08:07:00
Mobile transacting is fast becoming the golden egg of financial services – and nowhere more so than in Africa.

[Africa Cloud Review] Simon Ngunjiri: Cloud is transforming the education sector in Africa

10-11-2021 | 17:58:19
Cloud is transforming teaching and learning as we know it, while fast-tracking education improvement from primary school to university across Africa.

[Column] Jaco du Plooy: Creating sustainable data centres through energy-efficient solutions

10-11-2021 | 10:54:00
With the large-scale migration of business data and IT services to the cloud – particularly in light of the global pandemic driving a 35 percent increase in online traffic – there has been a notable rise in global data centre construction.

[Column] Bridgette Vermaak: Data compliance for healthcare

10-11-2021 | 08:04:06
Safeguards governing the processing and storage of patient data are required and will be bolstered by the introduction of the Protection of Personal Information Act, No 4 of 2012 (PoPIA).

[Column] Hyther Nizam: The future of IT - Democratising application development with low-code platforms

10-11-2021 | 07:27:00
With COVID-19 accelerating the digital transformation of businesses, many organisations were forced to adopt a work-from-home strategy, and customers began to increasingly purchase goods and services online.