Saturday, December 7, 2019

Kobo360 Raises $30 Million Dollars In Funding.

Kobo360  a Nigerian start-up — with an Uber-like app that links truckers and companies with delivery services  has raised $20 million dollars backed by Goldman Sachs in Series A funding and $10 million dollars in working capital from a consortium of Nigerian banks and will use the funds to upgrade its network and extend to ten new countries outside...

Revolut Adopts Direct Debits In The UK

Revolut studies have revealed that while most citizens in the United Kingdom use cards to pay for goods and services, some businesses require you to pay direct debit. For example, it can be a utility bill, a gym membership or a telephone contract. Fintech startup Revolut adds a key feature for users who want...

Ethiopian Airlines Unveils Onboard Wifi.

Ethiopian Airlines has announced that on 10 of its A350 aircraft, it has launched WIFI Internet connectivity services. Passengers can buy cash, credit card, ShebaMiles or EMDS for WIFI connectivity. An Electronic Miscellaneous Document (EMDS) which is an electronic non-flight document that may be issued and used for the collection and settlement of optional...

QuickCheck Collaborates With Jumia And PayAttitude

QuickCheck the micro-lending platform has announced partnerships with Jumia; the e-commerce giant and PayAttitude; a foremost player in the payments industry in Nigeria. QuickCheck's partnership is aimed at creating a synergy between the product offerings of all three (3) companies; the offshoot of this alliance is that; Jumia customers with access to the JumiaOne...

MainOne Undersea Cables Launches In Ivory Coast

MainOne has announced it is launching its submarine cable in Côte d'Ivoire. Noted as the first commercial cable system to deploy spectrum sharing capabilities, the project will provide the capacity to deepen infrastructure sharing and reduce the cost of providing broadband services to the region. The network promises optimum running time and...

Ghana Could Adopt A National Cryptocurrency Soon.

A cryptocurrency could soon be introduced by Ghana's Central Bank – e-cedi. Talking this week at the Bank of Ghana's annual banking conference, Ernest Addison has said that the bank is in talks to explore the digital currency's future. The digital age offers huge potential to reorient the financial sector to respond to new...

5G; Taking Over The Broadband Space.

In 2019, Asia, Australia, Europe, the Middle East and North America's leading communications service providers have moved onto their 5G networks. Since its release in April 2019, South Korea has already seen a big 5G uptake as it was the first country to adopt it. By the end of September 2019, the country's services providers collectively recorded...

Opay ‘s Series B Raises $120million Dollars.

The Nigerian-based fin-tech firm OPay raised a group of Chinese investors ' $120 million Series B funding. Existing investors such as Meituan-Dianping, Source Code Capital, IDG Capital, Sequoia China and GSR Ventures, which financed in July a $50 million raise, participated in the round, it also welcomed Japan’s Softbank Asia, BAI, Redpoint and GaoRong into the series.

Okash Set To Dominate The Micro-Lending Market.

Okash has provided approximately 5 million loans in Kenya, India and Nigeria in the last three months from July to September 2019, valued at $250 million. The quick loan network has tripled revenue to $39.9 million dollars during the same period. Backed by Opera, the software maker based in Norway, it uses credit scores and...

5 Billionaire Career Habits You Should Imbibe

When you plan to become an entrepreneur, you should train for your own career as a business executive. Here are five ways you can become the CEO of your career and work as billionaires do Be Resilient In times of adversity and change, we really discover who we are and what we’re made...

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