Uganda’s SolarNow Raises $9m Debt Financing

The Uganda-based off-grid solar company SolarNow has closed its largest financing facility to date through SunFunder, with Oikocredit and responsAbility…

Liquid Telecom Appoints Regional CEO for Middle East,West Africa

Pan-African telecoms group Liquid Telecom has appointed Mohamed Abdel Bassit as its new Regional CEO for Middle East and West…

PC Market Declines 3.7% in Q3 2018, Beats Expectations

Preliminary results for the fourth quarter of 2018 (4Q18) showed shipments of traditional PCs (desktop, notebook, and workstation) totaled just…

Venture Capitalist Firm to Invest $10m in Tech startups from Nigeria,Kenya

Venture capital (VC) firm Oui Capital has launched a $10 million fund for investments in innovative tech startups from Nigeria,…

Ericsson takes $687m Hit as it Changes Course in Services

Swedish mobile telecom equipment maker Ericsson will book charges of 6.1 billion crowns ($687 million) for the fourth quarter as…

Robotic Process Automation Revenues in Banking & Financial Services to Reach $1.2bn by 2023

Robotic Process Automation (RPA) revenues in banking will reach $1.2 billion by 2023. With an estimated revenue above $200 million…

Semiconductor Revenue Hits $476.7bn

Global semiconductor revenue totalled $476.7 billion in 2018, a 13.4% increase from 2017. This is according to preliminary results by…

Retailers to Lose $130bn Globally in Card Related Fraud Over the Next 5 Years

Retailers are set to lose some $130 billion in digital CNP (Card-not-Present) fraud between 2018 and 2023, according to latest…

Flab Accelerator seeking Ghanaian Female-led Tech Startups

Applications are open to the Innohub flab Accelerator, seeking female-led tech startups to join the six-month Ghana-based programme. The fLab…

Five Agri-tech Startups Ioin Senegal Accelerator

Five agri-tech startups have been selected to join the Senegal Startup Accelerator run by Kosmos Innovation Centre and Reach for…