Announcement
Ugandan Tech Currency Converter
Ugandan startup Eversend, a digital-only finance platform providing cross-border money transfers among other services, has secured $706,000 in investment through a Seedrs crowdfunding campaign. Founded in 2017, Eversend also provides…
Read MoreA New Deal Turnaround Strategy for SA
EFSA attended the Sustainable Infrastructure Development Symposium of South Africa hosted by President Cyril Ramaphosa: https://www.gov.za/speeches/address-president-cyril-ramaphosa-sustainable-infrastructure-development-symposium-south The President announced that his government is planning major expenditure on infrastructure, particularly roads, rail and housing (major…
Read MoreVisa’s New SME Resource Hub in SA
Visa has introduced an SME resource hub Visa Small Business Hub., to champion SA small businesses and to encourage consumers to buy local. The promotion of Buy Local was part of the government’s agreement to…
Read MoreCameroonian Startup Selected for US Accelerator Programme
AbegYa, which gives customers instant mobile access to reliable service providers, has been selected to participate in the MassChallenge Texas accelerator programme, gaining access to training, mentorship and brand name…
Read MoreVodacom/Microsoft Launches e-Learning Platform
Vodacom Business and Microsoft SA have launched a digital education platform, Connected Digital Education, in response to the growing need for affordable online learning solutions during the COVID lockdown. Online teaching and learning have surged…
Read MoreECOWAS Discusses Opening Borders
West African government ministers have proposed re-opening of borders between their countries in the first half of July and allowing in travellers from other countries with low or controlled levels of…
Read MoreZimbabwe Partially Closes Down Mobile Money
The Zimbabwe government accuses mobile money operators of fueling the exchange rate collapse and therefore issued a shutdown notice, which the Central bank later revised. The regulation now restricts people…
Read MoreMTN’s New Mobile Money Offering
MTN’s Mobile Money will now allow South African consumers to make purchases online using their MoMo wallets, doing away with the need for a credit card for Internet shopping. MoMo Pay is committed to partnering…
Read MoreNew African-made Video Meeting App
A new video conferencing application, Gumzo (“chatting” in Swahili), was created in 8 weeks by Usiku Games, a Nairobi company that has previously focused on making video games for the African market. Gumzo is free to join and…
Read MoreDiesel Launches a 360-degree Digital Sales Platform
The Italian clothing brand OTB (owner of Diesel) has launched Hyperoom, a 360-degree digital sales platform and exhibition space designed to create “immersive and emotional engagements” with fashion buyers and vendors browsing collections online. The…
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