StartUps

East Africa’s e-Health Start-Up Launches Services in Kenya

E-health startup TeleAfya has launched in Kenya, allowing patients to find and connect with community medical practitioners. Launched in May, TeleAfya has rolled out a provider discovery system that allows users to identify and contact medical professionals, nearby emergency services, local diagnostic lab centres, pharmacies and medical delivery services, and local transport and ride providers. […]

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StartUps

Nigeria’s Fintech Startup, Wallets Africa Secures Undisclosed Funding

Fintech startup Wallets Africa has secured an undisclosed amount of funding from a host of investors as it prepares to expand usage of its product to more African countries. Founded in 2018, Wallets Africa allows people and companies to send and receive money, and make payments, using their phone numbers. The startup took part in […]

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Gadgets and Device

Samsung Partners Cash ‘N’ Carry to Expand Retail Presence in Nigeria

Samsung Electronics West Africa, in partnership with Cash ‘N’ Carry has stepped up its nationwide market expansion drive in Nigeria making its brand and services now available in all Cash ‘N’ Carry stores across the country. According to Samsung, the retail expansion drive is designed to enhance consumer experience and provide consumers with a thrilling […]

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FinTech

Virtual Card Adoption to Reach Over $5tril in Transaction Value by 2025

Latest statistics has shown that the value of transactions processed by virtual cards will more than treble over the next 5 years; increasing from an anticipated $1.6 trillion in 2020. Virtual cards are temporary, random digital card numbers that replace core payment details for specific online transactions. The report, Virtual Cards: Consumer & Business Adoption, […]

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Business

Ecobank Extends Zero Charge for Digital Money Transfers

Ecobank has extended its zero charge fee for digital money transfers below N5,000 till the end of September this year. In addition to the free USSD session fee currently enjoyed by Ecobank customers, users of Ecobank Mobile, Ecobank Online, USSD – Ecobank *326# can continue to enjoy zero fee charge for digital money transfers below […]

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Cloud Infrastructure

COVID-19 Spurs Cloud IT Infrastructure Spending as Non-Cloud Environments Declines

Cloud IT Infrastructure Tracker, vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, increased 2.2% in the first quarter of 2020 (1Q20) while investments in traditional, non-cloud, infrastructure plunged 16.3% year over year. International Data Corporation (IDC) in its global quarterly report […]

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Business

UK High Commissioner Congratulates Royal Academy COVID-19 Project Grand Winners from Nigeria

The UK’s High Commissioner to Nigeria, Catriona Laing has congratulated three Nigerian beneficiaries of the 2020 Royal Academy of Engineering Project CARE (COVID Africa Rapid Entrepreneur) initiative in response to COVID 19. The three Nigerian beneficiaries were: Chinenye Justin Nwaogwugwu of Macjames Global Resources Limited who manufactures MACJAMES ® HandSafe instant hand sanitizer with moisturiser, […]

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Financial

Junior Achievement Africa and Ecobank Group Targets Over 600,000 African Youths with Financial Literacy Knowledge

Junior Achievement (JA) Africa and Ecobank Group in a new partnership agreement plans to educate and mobilize over 600,000+ young people with financial literacy knowledge, as part of Ecobank’s Junior Savers initiative which in part seeks to grow financial inclusion for young Africans using Ecobank’s mobile/digital resources. The initiative, “Banking on Africa’s Youth” will undertake […]

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TechEntertainment

Nigeria and Ghana Top Satellite TV Gains Popularity in Africa

Satellite TV reception increases by 23% in Nigeria and 19% in Ghana in 2019 since the last study, conducted two years ago; SES currently reaches 35 million TV households across the African Continent. SES, the leader in global content connectivity solutions, has unveiled the results of its annual Satellite Monitor survey, which reveals a steady […]

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Business

Experts Task Nigerians on New Business Culture to Adapt, Stabilise in COVID-19 Era

Nigerians have been advised to move from the realm of denial, anger and accept the reality of the ‘new normal’ occasioned by COVID-19 pandemic by properly articulating their goals and developing a financial plan based on available resources. Managing Director, EDC Fund Management Limited, a subsidiary of Ecobank Group, Mr. Olufela PopoolaThis who gave the […]

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