Business articles


Africans To Benefit From Microsoft & Facebook’s New Trans-Atlantic Cable

Africans To Benefit From Microsoft & Facebook’s New Trans-Atlantic Cable

Microsoft and Facebook have announced a partnership to build a new, state-of-the-art subsea cable across the Atlantic that will not only serve Americans and Europeans but also Africans. Called MAREA, the subsea cable will help meet the growing customer demand for high speed, reliable connections for cloud and online services for Microsoft, Facebook and their


SociaLiga Members Can Now Pay Using Paga

Members and fans of the SociaLiga, Nigeria’s fastest growing social football league, can now pay for games using Paga, a leading mobile payment platform, as both companies have announced a partnership. The partnership will allow Social Liga fans and members use Paga for events as well as for their daily transactions. Paga offers not only a fast

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Uber Kenya partners Sidian Bank to launch vehicle solutions programme

Taxi hailing service, Uber Kenya has announced a partnership with Kenyan commercial bank, Sidian Bank to launch its innovative Vehicle Solutions Programme. Through the programme, existing and prospective driver-partners and investors will be able to easily drive steady business growth. The partnership will see the creation of a financing solution through Sidian Bank, who will


Airtel Nigeria partners Ericsson to expand mobile broadband access

Airtel Nigeria, a leading telecoms operator, has announced a partnership with Swedish multinational telecommunication company, Ericsson to increase access to affordable mobile broadband Internet service in the country. The partnership will see Ericsson roll out its award-winning Ericsson Radio System (ERS) in sites across the country. ERS’s multi-standard platform will enable Airtel Nigeria to cost-effectively leverage


Microsoft grants Ekovolt seed funds to deliver affordable Internet and cloud solutions in Nigeria

Microsoft has announced it has granted Ekovolt, a Nigerian telecommunications and Information Technology company, seed funds to deliver affordable Internet and cloud solutions in the country. Using the fund, granted through Microsoft’s Affordable Access Initiative, Ekovolt will roll out a series of solutions that will give currently underserved communities and markets access to the Internet


SolarNow Receives US$2 million Loan To Accelerate Distribution of Solar Home Systems in Uganda

SolarNow, a solar distributor in Uganda, has announced it has received a loan of US$2 million from SunFunder, a solar energy finance business. The funds will be used to accelerate distribution of solar home systems in Uganda. “With this financing in place, the board and management believe our business is now well placed to accelerate

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Uber Riders Will Now Pay A Fee If They Cancel Their Rides After 5 Minutes Of Request

Uber riders in Nigeria, this one’s for YOU! From now henceforth, thou hath condemned to pay a fee if, after five minutes of requesting a ride, you decide to cancel the ride. The fee will be added to your next ride. You will be made aware of this! If you eventually complete the next trip,


Nomanini records 1,500% growth in transactions, scales mPoS platform

Nomanini, a South Africa-based payments platform provider, has announced it achieved 1,500 percent growth in transactions over 20 months. The company, which also announced the successful scaling of its mobile point-of-sale (PoS) platform for informal markets, hit one million transactions in August 2014, and since then has seen growth of 1,500 percent. It recently saw


Orange Business Services extends sales operations to Nigeria

Orange Business Services, the B2B division of the Orange Group, has reaffirmed its commitment to support enterprises in Africa by announcing the extension of its sales operations in Nigeria. The company has established a new sales office in addition to the existing customer support activities in the country. Through the new office, senior IT decision


Yahsat, Tele10 to improve Internet connectivity in three African countries

Yahsat, a UAE-based satellite operator and Tele10 Group, a regional broadcast and internet service provider, have announced a partnership to improve Internet connectivity in three African countries. This agreement was reached after both parties signed a Memorandum of Understanding (MOU). Rwanda, Burundi and East Democratic Republic of the Congo are the countries to get improved

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MTN Business Launches SME Value Pack

According to the company, this is a complete business-enabling solution that comes with an MTN Business-branded Internet router, an MTN Business-branded desk phone, a professional email account, data bundle, voice call minutes and bulk SMS – all in one package.


Envestnet | Yodlee partners AlphaCode to provide African startups quality financial tools

Envestnet | Yodlee, a leading data aggregation and data analytics platform, has announced a partnership with South Africa’s FinTech hub AlphaCode, to provide African FinTech startups with quality financial tools. Envestnet | Yodlee, which powers dynamic, cloud-based innovation for digital financial services, will provide AlphaCode with industry-leading data aggregation and account verification services, as well as access to FastLink to enhance


Ringier Africa & One Africa Media Merge Their Classifieds Assets To Create Africa’s Largest Classifieds Group

Ringier Africa, a leading diversified digital media company in Africa and One Africa Media (OAM), one of Africa’s largest digital publishers have announced the merger of their pan-African classifieds assets to form Africa’s largest classifieds group. Known as Ringier One Africa Media (ROAM), this new group will comprise some of the continent’s leading homegrown brands, including OAM’s

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Kaymu Releases Infographic Showing Buying Trends In Nigeria

Kaymu, a leading online marketplace in Nigeria, has announced the release of an infographic showing the buying trend in Nigeria. The interactive infographic showed that buyers in Ogun State are keeping the reading culture alive by buying Books online, females in Edo state are spending big and keeping pace on latest iPhones from Apple, while


Paga extends its cardless ATM withdrawal service to more banks

Back in 2014 when Nigeria’s leading mobile payments company, Paga launched cardless ATM withdrawal service in the country, only First Bank and GT Bank customers enjoyed it. However, the fast rising FinTech company has announced the extension of the service to other Nigerian banks, namely FCMB, Stanbic IBTC, Heritage Bank and Fidelity Bank. Now, customers


The Facebook Small Business Store provides information & inspiration for small businesses

If you run a small business on Facebook and you’re looking to grow it to a very enviable height, you might want to check out The Facebook Small Business Store. The Facebook Small Business Store houses useful materials that are designed to inspire, educate and support small businesses to grow with Facebook. From the store,


Cre8 to house FinTech startups in Nigeria for one year for free

Cre8, Nigeria’s first FinTech hub, has announced it is searching the best and most innovative FinTech startups in Nigeria to house at its space for one year for free. The startups it is looking for must be focused on exploiting the Nigerian market and have capabilities in machine learning, lending, digital banking solutions, trading, cyber


SEACOM’s channel partners in South Africa increases, to launch Business solutions in Kenya

SEACOM, Africa’s foremost network service provider and ICT enabler, has announced that its channel partners in South Africa servicing the business market has increased to more than 65 companies of all sizes, up from 20 in October last year. In addition, the company, together with the channel partners, has been processing orders from business customers


Kenyan startup, Ongair opens Hong Kong office

When Ongair, a service that enables businesses to engage with their customers on instant messaging (IM) platforms such as WhatsApp, WeChat and Messenger, raised funds from Nest, a global accelerator, late last year, it had its eyes on the Asian market. Today, the Kenyan startup has announced the opening of its new South-east Asia headquarters