Prosus, the consumer internet arm of Naspers, a South African multinational technology company, says its $4.7 billion (R84.8 billion) deal to buy Indian digital payments provider BillDesk has fallen through …
Technology
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Rain tables formal proposal for Telkom merger
South Africa’s data-only network provider Rain has tabled a formal nonbinding proposal to merge with mobile and fixed-line operator Telkom. Rain’s public expression of interest in a merger in August …
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Google to shut down its cloud gaming service Stadia in January 2023
Google is shutting down its cloud gaming service Stadia less than three years after its launch. According to the tech giant, users will have access to their games until 18 …
- AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessFinance & ServicesNewsTechnologyWestern Africa
Afreximbank moves to facilitate international trade with the launch of AFPAY
African Export-Import Bank (Afreximbank) today announced the commercial launch of Afreximbank Trade Payment Services also known as “AfPAY” to facilitate international trade between African financial institutions and their clients. The …
- AfricaAFRICA NEWSBusinessChipperFinance & ServicesGhanaNewsNigeriaTechnologyWestern Africa
Chipper Cash gets Bank of Ghana approval for US remittances
Chipper Cash, an African cross-border payments company, has received authorization from the Bank of Ghana (BoG) to provide remittance services from the United States of America to the country. The …
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Wiocc Group secures $30M equity investment to support Africa’s Digital infrastructure expansion
Wiocc Group, a leading digital connectivity and infrastructure provider in Africa, has secured a US$30-million (R540-million) equity investment from the International Finance Corporation (IFC). The new investment will support WIOCC …
The Lagos State government has suspended the planned implementation of ₦150,000 safety audit fees for tech hubs and co-working spaces. The fee comprises a ₦50,000 ($115.92) documentation fee and a …
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Safaricom expands Ethiopia network coverage to Awoday and Gondar Cities
Safaricom has expanded its network coverage in Ethiopia, with a recent large-scale customer pilot in Awoday and Gondar cities. The two cities bring the number of cities the telco has …
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Netflix creates first internal studio to build video games
Netflix on Monday announced plans to establish an internal games studio in Helsinki, Finland. This will be the fourth video game studio under the Netflix label, but it’s a notable …
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Calendly acquires recruiting startup, Prelude
Calendly, a $3 billion scheduling startup has acquired Prelude, a startup specializing in the hiring process. Prelude is specifically geared toward scheduling job interviews or other types of recruitment-related meetings. Tope …