Mobile Points of Sale (mPOS) transaction values will exceed $1.9 trillion by 2024, up from $850 billion in 2019. This growth will be driven by service adoption from new business users, including pop-up stores and street vendors, for whom the acceptance of card payments was previously inaccessible. The new research from Juniper Research forecasts that, […]
Read MoreMainOne submarine cable in Cote d’Ivoire is live and ready for service. The project, notable for being the first commercial cable system in service to deploy spectrum sharing capabilities, will offer capabilities to deepen infrastructure sharing and lower the cost of delivering broadband services to the region. According to statement from MainOne, its entry into […]
Read MoreA new window of start-up seed fund have opened for Africans following the kick=off of the first Google Startup Week that was held in Lagos, South-West, Nigeria where Google Launchpad Accelerator Africa graduates, pitch for funding from some of Africa & the UK’s top venture capitalists (VCs), and Launchpad Accelerator Africa class 4 graduating from […]
Read MoreBlockchain will enable $31 billion in food fraud savings globally by 2024 by immutably tracking food across the supply chain. Substantial savings in food fraud will be realised from 2021 and compliance costs will be reduced by 30% by 2024,New data from Juniper Research indiciated. The new research, Blockchain: Key Vertical Opportunities, Trends & Challenges […]
Read MoreDHL Global Forwarding, provider of air, ocean and road freight services, was recognized as a Top Employer in Cameroon, Egypt, Nigeria and South Africa for 2020. The certification affirms the market leader’s strategy to deliver expert logistics services by investing in the best team of freight forwarding experts The certification, awarded by Top Employer Institute, […]
Read MoreNigerian startup Donate-ng is seeing strong revenue growth as uptake of its donation-based crowdfunding platform increases. Founded in 2015, Donate-ng connects charities, non-profits and individuals seeking financial assistance with willing donors. “A lot of Nigerians are in search of social goods, charitable campaigns and non-profit campaigns that they can donate to without the challenge of […]
Read MoreAfrica Finance Corporation the leading investment-grade infrastructure solutions provider, today announces the closing of its inaugural US$140,000,000 Kimchi Term Loan Facility (“Facility”). This Facility is AFC’s first Korean-focused instrument. It follows the Corporation’s US$233 million and JPY1 billion dual currency Samurai Term Loan Facility, closed in September 2019, and a US$300 million Loan Facility, through […]
Read MoreFSS, one of India’s payments processor and a global provider of integrated payment products, and US-based Oracle Financial Services, will collaborate to enhance digital payments for banks in Nigeria. As part of this strategic relationship, FSS will provide specialized integration and hosting services for Oracle’s cutting-edge Oracle Banking and Payments solutions. FSS will also extend […]
Read MoreGoogle has launched an accelerator focused on the UN’s Sustainable Development Goals (SDGs), which will provide social impact startups with access to training, mentorship and technical support. The new programme, which is open to startups from Africa as well as Europe and the Middle East working to create a healthier and more sustainable future, will […]
Read MoreNokia and Spectranet, Nigeria’s Internet Service Provider are into a partnership that will bring high-speed access to customers in Lagos and Abuja by deploying Nokia’s GPON solution as part of an extensive Fiber-to-the-Home (FTTH) rollout. The solution will enable Spectranet to provide new ultra-broadband services such as 4K HD video streaming and online gaming to […]
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