NigComSat
Business Technology Telecom

NigComSat Launches DTH TV Tagged NextTV to Break DStv Monopoly

NigComSat (Nigerian Communications Satellite)  in an apparent attempt to wither down the monopoly of DStv, has launched a Direct-To-Home (DTH)

MTN
Business Telecom

MTN Sells Stake in Amadeus Fund and Travelstart to HarbourVest

MTN says it will raise R1.2bn by selling its interests in investment fund Amadeus and online travel platform Travelstart. The

M-Pesa
Business Technology

Safaricom & Vodacom Set Aside $13m to Buy M-Pesa Rights From Vodafone

Kenya’s Safaricom is to establish a joint venture worth $13 million with South Africa’s Vodacom to acquire the intellectual property

Gokada
Business Entrepreneurship Funding Investment Transport Venture Capital

Gokada Raises $5.3m Series A Funding Led by Rise Capital

Gokada, a Nigerian motorcycle ride-hailing firm has raised $5.3 million Series A round to scale its business. The funding round

Huawei
Business Government Smartphones

Huawei May Debut its Own OS “HongMeng” This Year

Huawei, the Chinese telecom giant has disclosed that it could roll out its own Operating System for smartphones and laptops

Maliyo Games
Africa Business Digital

Maliyo Games Inks Mobile Games Distribution Deal With Telecoming

Maliyo Games, a mobile gaming company in Nigeria has signed a games distribution deal with Telecoming, the European technology company

MTN
Business Telecom

MTN Fixes Thursday For NSE Listing of Shares, Set Price at N90

MTN Nigeria Communications Plc has received the approval of The Nigerian Stock Exchange (NSE) to list its shares on the

Ez-Farming
Agro-tech Business Entrepreneurship SMEs Startup

FedEx Small Business Competition: Nigeria’s Ez-Farming Makes Final 100

Ez-Farming, the Nigerian Agrictech startup has been selected as one of the top 100 finalists in the FedEx small business

Jumia
Africa Business Ecommerce

Jumia Debunks Fraud Allegations that Sunk its Shares

Jumia, the Africa-ecommerce company, has refuted allegations of fraud levelled against it by Citron Research’s Andrew Left. Responding to claims

Jumia
Business Digital Ecommerce Internet

Jumia 1st Quarter 2019 Results: Revenue Increases by 102%, Profitability Not Yet in Sight

*GMV grew by 58%, leading to a 102% increase in Marketplace revenue *Jumia continued to deliver cost efficiency improvements *JumiaPay entered into a