Author Archives: TechLoy Reporter


London-Based digital agency, M&C Saatchi acquires majority stake in SA’s Creative Spark

London-Based digital agency, M&C Saatchi acquires majority stake in SA’s Creative Spark

M&C Saatchi, a London-based digital agency network, has announced it has acquired a majority stake in Creative Spark, the five-year-old digital agency founded by Matthew Buckland, which owns and operates publishing sites such as Memeburn and Ventureburn.

African Press Organization to sponsor technology journalist to cover AfricaCom 2015

The African Press Organization (APO), a press release newswire service in Africa today announced that Lilian Murugi Mutegi, a Kenyan technology Staff Writer with CIO East Africa has won its invitation to attend AfricaCom 2015, the biggest technology event in Africa, to be held in Cape Town, South Africa, from November 17 – 19, 2015.

Gemalto’s cloud-backup solution protects over three billion contacts for mobile subscribers in Middle East and Africa

Gemalto, the world leader in digital security, announced today that over three billion mobile phonebook contacts across the Middle East and Africa region alone are now being saved through its LinqUs Cloud Backup solution. “Our cloud backup solutions are number one in the region,” said Eric Claudel, President for Africa & Middle East at Gemalto

Production Of Bitcoins By Mike Caldwell of Casascius

Bitcoin is officially a commodity, according to U.S. regulator

Bitcoin, which is a virtual currency is officially a commodity, just like crude oil or wheat, according to the Commodity Futures Trading Commission (CFTC). The Commission on Thursday announced it had filed and settled charges against a Bitcoin exchange for facilitating the trading of option contracts on its platform. “In this order, the CFTC for the first

South Africa’s entertainment and media industry revenues to reach $13.2 billion by 2019

South Africa’s entertainment and media industry is expected to grow from R112.7 billion (approx. $8.4 billion) in 2014 to R176.3 billion (approx. $13.2 billion) in 2019, at a compound annual growth rate (CAGR) of 9.4%. This is according to a recent PwC report titled: Entertainment and media outlook: 2015 – 2019, which presents annual historical

Kenya’s entertainment and media industry valued at $1.8 billion in 2014, to reach $3.3 billion by 2019

Kenya’s total entertainment and media industry was valued at $1.8 billion in 2014, up 13.3% from 2013, when it stood at $1.6 billion — and is expected to reach $3.3 billion by 2019, according to a PwC report. Meanwhile, the Internet is expected to be the largest driver of growth, followed by television and radio.

Production Of Bitcoins By Mike Caldwell of Casascius

Kenya’s Bitpesa launches a trading service called BitPesa Trade

Kenya’s Bitpesa has launched a trading service called BitPesa Trade, which will allow Bitcoin traders to transact their business on the platform anytime, anywhere via their mobile devices. “We’re excited to announce that you can now buy and sell Bitcoin 24/7, all on one page,” the company posted on its website today, giving credit to


MTN launches mobile money transfer between Uganda and Rwanda

MTN Uganda has launched cross-border mobile money transfer services between Uganda and Rwanda, reports The Monitor. The service, which allows customers in both countries to transact via Mobile Money without having to change currencies, would enable an MTN customer in Rwanda to send money in Rwandese Francs to a recipient in Uganda who will receive

MainOne’s Tier III Data Center, MDX-i launches cloud-based service

MainOne’s Data Center subsidiary, MDX-i, today announced the launch of its new cloud-based service offering. The solution, which is built on Microsoft Azure’s enterprise grade infrastructure, provides flexible, highly available and fully secure private computing environments to companies on a Pay-as-you-Go basis. As the first Cloud offering MDX-i is launching in partnership with Microsoft, MDX-i

Intel releases its 6th generation Intel Core processor family

Intel has released the 6th generation Intel Core processor family, saying that its latest processors support the broadest range of device designs and offer enhanced performance and new immersive experiences at the lowest power levels ever. The chip maker estimates that there are more than 500 million computers in use today that are 4-5 years

Online shopping portal, PayPorte provides Nigerians with free mobile internet access

Online shopping portal, PayPorte is giving away free internet access to hundreds of thousands of Nigerians on the Airtel network, thanks to Opera’s Sponsored Web Pass, which enables brands to sponsor zero cost internet access through mobile operators to customers. The deal is similar to what online news portal, did back in June, in


InnJoo set to launch two new smartphones with larger batteries

After two launch events held over past few months in Nigeria, Dubai-based mobile phone manufacturing company, InnJoo is set to launch two new devices at the University of Lagos in a bid to target the younger generation. During the launch event, which is centered around providing solutions to improve the power issues in the country,


Samsung dominates South Africa’s smartphone and tablet market – report

According to a new research by International Data Corporation (IDC), South Korean phone manufacturer, Samsung has consolidated its position at the top of the South African market in the second quarter of 2015. The report revealed that Samsung’s smartphone market share increased from 40.9% in 2014 to 45.2% in 2015, well ahead of second placed

Nigeria’s government signs $237 million World Bank electricity deal

Nigeria’s Federal Government has completed the signing of the World Bank Partial Risk Guarantees (PRGs) in support of the 450 megawatts Azura-Edo Independent Power Plant (IPP) in Benin City, Edo State. The deal, which was concluded on August 21, serves to leverage a total investment in the Azura power plant of more than $900 million


Naspers officially launches its VOD service, ShowMax

Naspers has launched ShowMax today, its video-on-demand service that will rival online streaming service, Netflix which is expected to launch before the end of 2016. According to Fin24, the service which will feature TV series like Game of Thrones, Sherlock and African content as well as movies at a premium subscription cost of R99 per