Business articles


Aliko Dangote named co-chair of U.S.-Africa Business Center

Aliko Dangote named co-chair of U.S.-Africa Business Center

The U.S. Chamber of Commerce has named Africa’s most successful businessman, Aliko Dangote co-chair of its U.S.-Africa Business Center. The U.S.-Africa Business Center is charged with building lasting prosperity for Africans and Americans through job creation and entrepreneurial spirit. Dangote will serve alongside Jay Ireland, president and CEO of GE Africa, as a leader for the


Facebook outs new tools to help businesses grow internationally

According to Facebook, more than 1 billion people on the platform are connected to at least one business in a foreign country, and 1.57 billion people visit Facebook monthly on mobile. In a bid to further help these businesses grow and scale internationally irregardless of their locations, Facebook has announced the launch of new tools


MMI Holdings invests in Joburg’s newest tech hub, Tshimologong Precinct

MMI Holdings, a South African based financial services group listed on the South African stock exchange, has announced it has invested in the Tshimologong Precinct, a new digital tech hub in Johannesburg, South Africa. Details – value/terms – of the investment, which was made through its funding arm Exponential Ventures, are unknown at the moment. The


Facebook partners Coollink to launch Express WiFi in Lagos

According to this report, Facebook is partnering Coollink, a Lagos based Internet Service Provider (ISP), to launch Express WiFi in Lagos. Express WiFi is a Facebook initiative to bring Internet connectivity to underserved locations around the world. It does this through partnership with local entrepreneurs to help provide quality Internet access to their neighbours and


SEACOM launches its business solutions for corporates in Kenya

SEACOM, Africa’s foremost network service provider and ICT enabler, has announced the launch of its direct-to-corporate solutions in Nairobi, Kenya. The business solutions are part of its Business initiative, and will see corporates in Kenya enjoy reliable data connectivity, cloud services and consistent service quality. The business solutions include high-speed, dedicated Fibre Internet Access with options


SEACOM partners Microsoft to deliver faster connectivity to Azure data centres

SEACOM, Africa’s foremost network service provider and ICT enabler, has announced a partnership with Microsoft that sees it become a Microsoft ExpressRoute partner. ExpressRoute connections offer more reliability, faster speeds, lower latencies and higher security than typical public Internet connections because they don’t run on the public Internet. This all means SEACOM can offer its


FrontDesk will help you launch your business, and even provide funds if it’s impressive

Because it is still not-so-easy to launch an online business, Sharphire Global Limited, a company that builds amazing Internet startups [1], has launched FrontDesk to make the whole process easy. FrontDesk helps you easily launch a simple website that enables you showcase, sell and receive online payments from anyone, anywhere. The website will not only


WorldRemit calls for reversal of international money transfer ban in Nigeria

WorldRemit, a leading online remittance provider, has called on the Central Bank of Nigeria (CBN) to immediately reverse its decision to ban certain money transfer operators (MTOs) from doing business in the country. The ban was extreme and unexpected, and not fair as Western Union, MoneyGram and Ria are not affected. “This move is arbitrary, inexplicable


Vehicle marketplace, AfriCarGroup launches operations in 12 African countries

AfricarGroup, a vehicle marketplace, has launched its operations in 12 African countries with the aim of becoming the first car classifieds websites network on the continent. The marketplace connect buyers, private sellers and dealers of new, used and second hand cars, motorbikes and trucks in a fast and easy manner. The countries where operations has


EasyPOS Restaurant launches to solve order management and payments problems in Nigerian restaurants

NetPlusDotCom, a Nigerian growth tech company, has launched an innovative app to solve order management and payments problem in Nigerian restaurants. Known as EasyPOS Restaurant, the app does exactly what it preaches. No stress! On the order side of things, it provides an easy and intuitive way for customers to select orders from an electronic menu


MTN Nigeria set to list shares on the NSE next year

MTN Nigeria, the “everywhere you go” telecom operator, will be listing its shares on the Nigerian Stock Exchange next year, according to reports. The planned listing is part of an agreement the telco reached with the Federal Government of Nigeria as it concerns the fine it got slapped with over unregistered sim cards. The board

Huawei lounge at Mobile World Congress 2013

Huawei launches $5 million global innovation centre in Africa

Huawei has launched its first Innovation and Experience Centre in South Africa, which cost R72 million ($5 million USD) to build and which is equipped with cutting-edge technologies like 5G/4.5G wireless communication, VR and 4K Video, Mobile Money solution, Smart Home solutions, Safe City solutions, Cloud Service, Data Center and wearable devices amongst others.


Delivery management app, Tookan now has offline payment capability

Tookan, a delivery management app for field workforce, now has an offline payment capability, allowing delivery businesses to process payments without Internet connection. The new feature lets service providers to proceed with their next task, creating a more seamless experience for both businesses and customers. With offline payment capabilities, businesses with a mobile workforce will no longer depend on Internet connection to carry out

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WDB & Grovest now stakeholders in SA startup accelerator, Seed Engine

WDB Investment Holdings (WDB), a leading South African investment firm, and Grovest, a venture capital company, are now shareholders in Seed Engine, a South Africa based startup accelerator. A 30% stake was bought by WDB Investment Holdings (with the possibility of an increment to 51%) while Grovest bought a 27.5% stake in the company. Through the


Avast to acquire AVG for US$1.3 billion

Avast Software, an industry-leading maker of the most trusted security software in the world, has announced it is to acquire AVG Technologies, a leading provider of software services to secure devices, data and people, for US$1.3 billion. Both companies have signed an agreement to that effect, and will see Avast purchase all of the outstanding ordinary


SA cloud solution startup, Digital Cabinet raises funds to expand internationally

Digital Cabinet, a South Africa based cloud solutions and digital post technology startup, has raised an undisclosed amount of funds to grow and expand. The funds was secured from HAVAIC Limited Partners, a boutique African focused investment and advisory firm. The startup will use the funds to continue on its current growth path in South Africa