Africa
Madagascar: Orange and the German Development Cooperation inaugurate in Madagascar the 9th Orange Digital Center in Africa and the Middle East, to train young people in digital technology and enhance their employability
The goal is to fulfil their shared vision, fostering youth employability while supporting sustainable growth and the country’s digital transformation Today, Orange (www.Orange.com) ...
Kenya
Kenya: Tough Times for Borrowers as CBK Approves Banks’ Request on Loans
Borrowers are set to feel the pinch after the Central Bank of Kenya (CBK) started the process of approving banks’ requests to raise the ...
Nigeria
Nigeria: Ghanaian e-commerce startup Tendo launches in Nigeria with heavyweight backing
Ghanaian startup Tendo, which enables anyone to sell online with zero upfront inventory, has launched in Nigeria after securing the backing of heavyweights ...
Nigeria
Nigeria: Nigerian Financial Super-App, YEP!, Raises $1.5m in Pre-Seed Funding
Yep!, a financial super-app, has raised $1.5 million in a pre-seed funding round led by Greenhouse Capital as the company launches its revolutionary ...
Egypt
Egypt: Telecom Egypt sees 74% net profit in 2021
Egypt’s primary telephone company Telecom Egypt, recorded strong operational performance which has driven the telco’s net profits to an annual increase of 74 ...
Africa
Africa: MTN Fintech unit seeks investors
MTN targets developing this unit, with Nigeria producing up to a third of the group’s business, building a firm foundation in Nigeria’s market ...
Africa
Africa: Fonbnk Raises $3.5-Million in Seed Funding to Aid Underbanked Across Africa
Fonbnk, a US-based company that leverages the widespread penetration of billions of prepaid mobile SIM cards to enable interoperability between the Web3 internet and traditional ...
Africa
Africa’s Leading Independent Telecommunications Services Provider, Phase3 Telecom moves onto Digital Connectivity Enterprise in Nigeria and West African Sub-region
The upgrades will cover security features, performance enhancements, agile update capacity and quality delivery mechanisms Africa’s leading independent aerial fibre optic network infrastructure ...
Egypt
Egypt: Network International delivers on high growth strategy with 2021 revenue growth of 24% and underlying EBITDA growth of 27%
Reported net profit for the year was USD 56.6 million, a significant increase on USD 5.6 million recorded in 2020 Revenue increased 23.7% ...
News
Nigeria: Nigeria Google customers to pay 7.5% VAT from April 1
Technology giant, Google, has said Nigerians using its platform to do business will start paying 7.5 per cent as value-added tax, VAT, from April ...