Business articles

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SA’s iKhokha now offering merchants cash advances

SA’s iKhokha now offering merchants cash advances

iKhokha, a South African disruptive fintech startup, has announced the launch of a new product, offering its merchants cash advances. The product, which will be adminstered by iKhokha’s financing partner, Retail Capital, will help merchants get around the hassles associated with obtaining loans from banks and other similar financial institutions. To get cash advances from iKhokha, merchants

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Rack Centre Now Houses Addax Petroleum’s Business Data

Rack Centre, Nigeria’s premium data centre, has announced the successful migration of Addax Petroleum’s business data to its world class data centre. Addax Petroleum, a leading oil and gas exploration and production company with focus on Africa, the Middle East and the North Sea, has grown significantly since it began operations in Nigeria in 1998.

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SlushPay gets a new name that reflects its vision better

Because a name is really important when building a lasting brand, the guys behind SlushPay, a startup that’s powering recurring payment, have announced a rebrand of the startup to reflect its vision. The rebrand has led to the renaming of the startup to Amplify and has birth a redesigned website, which isn’t just about changing

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MainOne launches all-in-one telecoms solution for SMEs in Nigeria

MainOne, a leading provider of telecom services and network solutions for businesses in West Africa, has announced the launch of an all-in-one telecoms solution for small and medium enterprises (SMEs) in Nigeria. Known as SME-IN-A-BOX, the solution is a converged Internet and voice solution tailored specifically to meet the needs of SMEs in the country.

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Egyptian tech startups to benefit from new US$50 million Fund

Ziad Mokhtar, an Egpytian investor and Partner at Cairo-based Venture Capital Firm, Ideavelopers, has announced the launch of a new Fund that’ll invest in technology and technology-enabled startups in Egypt. Known as Algebra Ventures Fund, the new US$50 million Fund will make Series A and B investments primarily in technology startups in Egypt. Startups that

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Ventures Platform Is Accepting Applications For Its First Incubation Program

Ventures Platform, a world-class full-service innovation hub based in Abuja, has announced it is accepting applications for its inaugural incubation program. The incubation program seeks to provide accepted startups workspace, business strategy and capacity building, short term residency and seed funding. During the program, the accepted startups will be mentored by successful entrepreneurs, investors and industry leaders. Also,

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Cell C subscribers can access Giraffe via Free Basics for free

Subscribers of South African telecommunications company, Cell C can now access Giraffe‘s mobile recruitment service via Facebook’s Free Basics after both companies entered into a partnership. Free Basics is an initiative by Facebook to provide people with access to useful services on their mobile phones in markets where Internet access may be less affordable. The websites

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Gauteng-based Giraffe expands to Cape Town & Durban

Giraffe, a Gauteng-based mobile recruitment startup, has announced the expansion of its low-cost recruitment agency service to Cape Town and Durban. Giraffe aims to reduce unemployment in South Africa by being the fastest and cheapest way for businesses to recruit medium skilled workers. Giraffe works by enabling medium-skilled jobseekers to create a CV on their

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Naspers makes US$60 million investment in Udemy to aid its global expansion

Naspers, a South Africa-based global Internet and entertainment company, has announced a strategic investment of US$60 million in Udemy, the leading marketplace for online courses. This investment comes three weeks after Naspers invested US$15 million in Brainly, a social learning network, and exactly a year that Udemy closed a US$65 million Series D financing round

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Paga increases bank transaction limits to curb downtime

Tayo Oviosu, the founder and CEO of Paga, Nigeria’s leading mobile payments company, has announced that the bank transaction limits of the platform has been increased to accommodate even more transactions. This move was made because its customers, for the past few days, have been experiencing downtime with respect to Deposit to Bank transactions. The

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Zambia’s BongoHive Launches Masterclasses For Startups And SMEs

BongoHive, Zambia’s first technology and innovation hub, has announced the launch of a series of Masterclasses for startups and SMEs in the country. The aim of the Masterclasses is to give Zambian entrepreneurs the tools they need to grow their businesses. The Masterclasses will be short and highly-focused, and will last between half-a-day to a week

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Xiaomi’s smartphones to come pre-installed with Microsoft’s productivity tools

Xiaomi Inc., a privately owned Chinese electronics company headquartered in Beijing, has announced its smartphones and tablets will now ship with Microsoft‘s productivity tools to offer its customers innovative user experiences. Microsoft Office and Skype will come pre-installed on Xiaomi Android smartphones and tablets, providing tens of millions of consumers and business customers around the

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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

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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

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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

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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

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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,

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