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The big tech and innovation trends in Africa for 2018
Fintech companies across the continent providing key services in loans, savings and payment, have been increasingly rewarded with investment and significant nods.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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WhatsApp Chief Seeks Reserve Bank of India Approval to Expand Payment Services to All Indian Users
WhatsApp Chief has written to the Reserve Bank of India (RBI), seeking a formal nod to expand payments services to all its 200 million users in India.
- Categories
- Finance
- Region
- South Asia
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How Facebook uses ‘WhatsApp phones’ to tap next emerging market
Facebook, WhatsApp’s parent, and India’s richest man, who started Reliance Jio, are teaming up to draw hordes of customers with cheap phones, rock-bottom rates and handy messaging services.
- Categories
- Technology
- Region
- South Asia
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Kenya sets aside funds to develop domestic mobile phone industry
Kenya’s minister of information, communication and technology said on Tuesday that the government had set aside 1 billion shillings ($9.90 million) to help local start-ups in the mobile telephone software and hardware segments to grow.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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SoftBank and Singtel are leading a pre-IPO $1.25 billion investment in Africa’s No.2 mobile phone company
Money raised from going public, alongside some of the new funding, will go towards cutting down the company’s existing $5 billion debt.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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The Chinese phone giant that beat Apple to Africa
Unknown in the West, Transsion has left global players like Samsung and Apple trailing in its wake in a continent that's home to more than a billion people.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Tidal launches in Africa—in countries known for banning music
In partnership with Africa’s largest mobile company MTN, Tidal announced its presence with a launch party in Uganda’s capital Kampala on Aug. 22. The music and video service was already available on the continent. This is the first time it’s specifically targeting African subscribers.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Phone monopoly is big prize in Ethiopia sell-off
“Everyone is here. MTN is here, Safaricom. I mean everyone is coming,” the new head of the Ethiopian Investment Commission (EIC) said of the stiff competition to enter the previously off-limits telecoms sector.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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