Announcement
News on Logistics
Parcel Ninja has launched a new service in SA allowing e-shops to compare courier prices, view delivery statuses, report on courier SLA’s and obtain real-time billing at https://optimise.parcelninja.com/ Meanwhile the Africa Tech…
Read MoreEgypt – Mobile Wallet Transactions
Fintech startup Paymob has secured 85% market share of mobile wallet transactions in its home market. Founded in 2015, Paymob is an infrastructure technology enabler providing payment solutions to empower digital financial service providers through mobile wallet…
Read MorePaystack Acquired by Stripe
An EFSA member, Paystack, which is headquartered in Nigeria, has been acquired by global payments leader Stripe in a deal said to be worth more than US$200 million. Paystack is a payments company that…
Read MoreEconet Faces Shutdown in Zimbabwe
Econet, a major mobile operator, launched a mobile money service called Ecocash in 2011 as the result of the long-lasting economic crises – hyperinflation, currency instability and a collapse of the formal financial system.…
Read MoreTanzania Ecommerce And Jumia
When Jumia closed Shop in Tanzania in November 2019 multiple ecommerce platforms suddenly sprung up to replace it, from food and grocery delivery apps to ‘online malls’ that sell commercial goods, in a market still relatively…
Read MoreCross-border Lending declared illegal by Uganda Court and big hack of mobile money
A Kampala High Court has held that cross-border lending is illegal if done without the Central Bank’s permission. This has upset East Africa’s syndicated loan market. However, according to ENSafrica an appeal is being organized which has a good chance…
Read MoreSouth Africa’s fibre market growing fast
The Independent Communications Authority of SA (ICASA) has issued its 2020 State of the ICT Sector report. This points out that fibre-to-the-building Internet subscriptions rose from 31,843 recorded in 2015, to more than 1.6…
Read MoreCar-sharing in Kenya
Kenyan startup Komboa has launched a peer-to-peer (P2P) car-sharing platform, which allows users to rent private vehicles. Komboa was launched on desktop in June and will soon have its own app, was…
Read MoreAfrica CEOs Survey 2020
The Africa CEO Forum and Deloitte have just released the 2nd edition of the Africa CEOs Survey, a ranking of the most attractive countries for investments on the continent. Côte d’Ivoire comes first…
Read MoreRegulating Online Content Creators
Journalists and media freedom activists in Lesotho are objecting to a government proposal to restrict social media, saying it amounts to stifling free speech. The regulations, which are before Parliament, would require all social media users…
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