Stears, a pan-African data and intelligence company, has closed a seed round of $3.3 million. The funding was led by MaC Venture Capital with participation from Serena Ventures, Melo 7 …
- Banking, Finance & InvestmentNigeriaWestern Africa
First Bank rounds off FirstMobile Cash-out Promo, rewards customers
First Bank of Nigeria has rounded off its promo tagged FirstMobile Cash-out Promo designed to reward users of the FirstMobile app, its industry-leading mobile banking application with the presentation of prizes …
- BusinessInformation & TechnologySouthern AfricaTechnology
VodaPay celebrates its first anniversary, gives away R1 million in cash in
October marks one year since the launch of South African super app, VodaPay – the one app for everything and anything. In celebration of the company’s milestone, it is will …
- BusinessInformation TechnologySouthern Africa
Elon Musk accuses Twitter of destruction of security problems evidence
Billionaire Elon Musk just after reviving his proposal to buy Twitter Inc. last week accused the company of ordering a whistleblower to destroy evidence of its missteps as part of …
- BusinessSanlamSouthern Africa
Sanlam plans to buy large stake in JSE-listed investment group AfroCentric
Sanlam has made an offer to buy a controlling stake in black-owned JSE-listed investment group AfroCentric, which owns medical aid administrator Medscheme. Sanlam wants to acquire at minimum 36.6%, or …
- AirtelBusinessKenya NewsTelecommunications
Airtel Completes Separation of its Mobile Money business from Telecommunications
Airtel Kenya has completed the process of separating its mobile money business from the telecommunications arm, with the new entity now operating as Airtel Money Kenya Ltd (AMKL). “The completion …
- BusinessEconomyMorocco
French shipping company CMA CGM to launch a new maritime shuttle Linking Morocco, France and Spain
French shipping company CMA CGM will launch a new maritime shipping service linking Morocco, France, and Spain. Operations of the new shuttle service, named “Morocco Shuttle,” will begin on November …
- BusinessGlobal NewsTransportation & Logisitics
United airlines reveals plans to electrify its fleets for short flights
United Airlines one of the world’s biggest air carriers has revealed plans to electrify its fleet for short-haul flights. The electrified planes will initially be used for 200 miles (322km) …
- EconomyINVESTMENTMoroccoOil & Gas
Morocco and Nigeria Gas Pipeline set to Receive $25 Billion in Investment next year
The Nigeria-Morocco Gas Pipeline is set to receive a total investment of $25 billion next year, according to the head of the West African nation’s state oil company. Discussions for …
- BusinessSouthern Africa
Glencore faces lawsuit from investment and pension funds in UK after pleading guilty to bribery charges
Glencore faces a raft of class-action style lawsuits from investment and pension funds in the UK, months after the mining giant pleaded guilty to market manipulation and bribery. Mubadala Investment …