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Startups

2 fintech startups secure US$50k from VilCap Investments

Two fintech startups working to increase financial health and improve livelihoods for low-income populations have won Village Capital‘s Fintech: Africa 2017 program. Organized in partnership with The MasterCard Foundation and the DOEN Foundation and VC4A (Venture Capital for Africa), the program aims to identify and support the next generation of fintech entrepreneurs in Sub-Saharan Africa.

CcHUB’s re:learn to improve Education in Nigeria via Educators’ Network 

A 2015 UNESCO report stated 17 million teachers will be needed in Sub-Saharan Africa to enable the region reach the 2030 Global Education goal of Education for All. Nigeria, being the region’s and Africa’s most populous country, will need a large chunk of those teachers to be able to provide every child quality primary and

In Nigeria, Small-Scale Solar Plants Are Letting The Sunshine In

Until recently, small-scale rooftop solar projects have been under-utilised in the country, with diesel generators a far more common source of primary energy supply to these locations. Now, advances in solar technology are making this clean energy more affordable.

SMEs-BA-Safaricom

British Airways, Safaricom Launch Emerging Enterprise Initiative For Kenyan SMEs

British Airways, the UK’s largest international airline and Safaricom, a leading mobile network operator in Kenya have announced the Emerging Enterprise Initiative aimed at providing international exposure for business owners in Kenya’s Small and Medium Enterprise (SME) sector. Through the initiative, five business owners in the SME sector will be provided with access to international

Mobile

Kenyan youths spend about US$50 on sports betting every month, says report

A recent rapid survey to get insights into mobile gambling among youths in Sub-Saharan Africa has shown that Kenyan youths spend more money on sports betting (about US$50) per month. Their counterparts in other countries spend less than US$50 a month and most bet only once a month. Kenyan youths spend a large chunk on

40% of financial services business will be at risk of standalone Fintechs by 2020

The above statement is part of the findings of a survey conducted by PricewaterhouseCoopers (PwC) in partnership with its Strategy & platform focused on Fintech innovation, DeNovo. Insights were gathered from over 50 Chief Executive Officers (CEOs), and Industry leaders across various segments of Nigeria’s Financial Services (FS) industry to prepare the report, which is

Kenyan youths spend about US$50 on sports betting every month, says report

A recent rapid survey to get insights into mobile gambling among youths in Sub-Saharan Africa has shown that Kenyan youths spend more money on sports betting (about US$50) per month. Their counterparts in other countries spend less than US$50 a month and most bet only once a month. Kenyan youths spend a large chunk on

Entertainment

Safaricom partners Kwesé TV to offer Kenyans premium video content

Kenya’s largest integrated telecommunications outfit, Safaricom has partnered Econet Media’s multi-platform Pay TV network, Kwesé TV to offer Kenyan consumers premium video content. The video distribution partnership will allow Safaricom’s subscribers, leveraging its superfast 4G network, stream Kwesé’s content on their connected devices through innovative data bundles. The content includes the best Sports and Entertainment, including

Orange is the New Black to have three additional seasons on Netflix

Netflix, the world’s leading Internet television network with over 75 million members in over 190 countries and Lionsgate, a premier next generation film production/distribution studio, have announced that the original series, Orange is the New Black has been renewed for three additional seasons on Netflix. Season four of the series will premiere on June 17,

ChopUp officially launches street football game, Monkey Post

ChopUp, a leading Nigerian mobile gaming company, has announced the official launch of Monkey Post, a street football game – Nigerians are familiar with it – that has no rules. First announced last year, Monkey Post is street football on steroids. It has no rules; no throw-ins, no penalties, no red cards, no corner kicks,

eriscconPAYTV

Ericsson signs multiple content deals for SVOD service, NuVu

Subscribers of NuVu, a subscription-based video-on-demand (VOD) service, will now have access to new, fresh content as Ericsson has announced the signing of multiple content deals for the service. Ericsson has acquired more than 2,500 hours of content from international distributors including Viacom (MTV, BET, Nickelodeon), MGM, CBS, Al Jazeera, DHX Media and Mattel. Titles

Safaricom partners Kwesé TV to offer Kenyans premium video content

Kenya’s largest integrated telecommunications outfit, Safaricom has partnered Econet Media’s multi-platform Pay TV network, Kwesé TV to offer Kenyan consumers premium video content. The video distribution partnership will allow Safaricom’s subscribers, leveraging its superfast 4G network, stream Kwesé’s content on their connected devices through innovative data bundles. The content includes the best Sports and Entertainment, including

Safaricom partners Kwesé TV to offer Kenyans premium video content

Kenya’s largest integrated telecommunications outfit, Safaricom has partnered Econet Media’s multi-platform Pay TV network, Kwesé TV to offer Kenyan consumers premium video content. The video distribution partnership will allow Safaricom’s subscribers, leveraging its superfast 4G network, stream Kwesé’s content on their connected devices through innovative data bundles. The content includes the best Sports and Entertainment, including

Safaricom partners Kwesé TV to offer Kenyans premium video content

Kenya’s largest integrated telecommunications outfit, Safaricom has partnered Econet Media’s multi-platform Pay TV network, Kwesé TV to offer Kenyan consumers premium video content. The video distribution partnership will allow Safaricom’s subscribers, leveraging its superfast 4G network, stream Kwesé’s content on their connected devices through innovative data bundles. The content includes the best Sports and Entertainment, including

Apps

Bill payment chatbot, Kudi.ai now available on Skype, Telegram

Kudi.ai, a Nigerian bill payment chatbot I described as “a Hausa ‘bae’ that’s changing how we bank” in this piece, is now available on Skype and Telegram, giving users more option to access the platform and get shit done. Launched earlier this year, Kudi.ai has turned the way we bank on its head. The chatbot

Nigeria’s first truly app-only bank set to launch soon

Yes you read that right. The country’s first truly app-only bank is set to launch soon and I cannot contain my excitement; y’all know my reasons aren’t far-fetched. I’ve always described Nigerian banks as “house of hassles”. From opening a bank account, to depositing and transferring funds, withdrawing same funds, or picking up something as

BlackBerry Ask Users To “let them know how you feel” Using #ILoveBB10Apps

I know you must wondering who the “them” are! A couple of weeks back, WhatsApp Inc announced that WhatsApp Messenger will no longer work on BlackBerry – including BlackBerry 10 and BBOS– by the end of 2016. As if that wasn’t a big enough blow, Facebook has also announced it will discontinue support of its essential APIs

On-demand home cleaning startup, SweepSouth is now live in Durban

SweepSouth, a South African on-demand home cleaning startup, has announced it has launched its services in Durban. #Durban! We’ve arrived to take the stress away from #home #cleaning. Book a #SweepStar today: https://t.co/zJ1KHQC1Zq pic.twitter.com/DN61MWhyk3 — SweepSouth (@SweepSouthSA) October 11, 2016 Customers in the city can now book cleaners, known as SweepStars, easily and conveniently via the

Nigeria’s first truly app-only bank set to launch soon

Yes you read that right. The country’s first truly app-only bank is set to launch soon and I cannot contain my excitement; y’all know my reasons aren’t far-fetched. I’ve always described Nigerian banks as “house of hassles”. From opening a bank account, to depositing and transferring funds, withdrawing same funds, or picking up something as

Twitter now has a lighter web version

Microblogging platform, Twitter is towing the line of “Lite Merchant” Facebook by launching a lighter version of its web app targeted at people in emerging markets across Asia Pacific, Latin America and Africa. Known as Twitter Lite, the web app allows those with slower Internet connections and high data costs access the platform and not

Kenyan government launches crime-reporting app

In a bid to give the fight against crimes in the country a fillip, the Kenyan government has launched a smartphone app, which will be available on Android, iOS and Windows Phones. The app will enable the public to report and document crimes as they happen, according to Attorney General Githu Muigai at a media

Money

2 fintech startups secure US$50k from VilCap Investments

Two fintech startups working to increase financial health and improve livelihoods for low-income populations have won Village Capital‘s Fintech: Africa 2017 program. Organized in partnership with The MasterCard Foundation and the DOEN Foundation and VC4A (Venture Capital for Africa), the program aims to identify and support the next generation of fintech entrepreneurs in Sub-Saharan Africa.

Ringier Africa sells stake in Nigeria’s DealDey to Silvertree Holdings

Ringier Africa, a leading diversified digital media company in Africa, has announced the sale of its entire stake in Ringier Africa Deals Group to South African business incubator, Silvertree Internet Holdings. Through Ringier Africa Deals Group, a new joint venture between Swiss Ringier Africa AG and Silvertree Internet Holdings, Ringier Africa acquired DealDey, one of Nigeria’s

SA’s Mobenzi raises US$1.2 million for int’l expansion

Mobenzi, a South African mobile-first technology impact startup has raised US$1.2 million (R16-million) in a Series A funding round to expand internationally, according to this report. Launched in 2007, Cape Town based Mobenzi has developed a suite of integrated platforms for mobile and the web which empower frontline workers and inform decision-makers. Its solutions –

MTN Nigeria targets $1 billion in its IPO

Africa’s largest operator by sales, MTN is seeking to raise about $1 billion in an initial public offering, a condition tied to the settlement of a record fine imposed by Nigeria’s telecom regulator, reports Fin24, citing people familiar with the matter.

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