Financial & Tech - Afritech Media

SweepSouth acquires Egyptian start-up, Filkhedma

SweepSouth, which currently operates in Kenya, South Africa and Nigeria has announced its acquisition of Egyptian start-up, Filkhedma. Filkhedma is Egypt’s leading home services marketplace operating across three regions on the continent and serving tens of thousands of customers with cleaning, maintenance, and beauty services, while empowering over 2 000 service providers through technology with […]

Kenya Power to connect Rural Homes with high-speed Internet

Kenya Power and Lighting Company (KPLC) plans to connect its customers in rural homes with high-speed internet connectivity. The ambitious plan seeks to capitalize on the flourishing mobile data usage in the country and create new revenue streams for the firm. A move that is seen as part of KPLC restructuring plan to offset debts […]

ViewTech given greenlight by CBK to conduct Mobile Money Services – SasaPay

ViewTech Limited has been granted authorization by the Central Bank of Kenya to conduct payment services in Kenya dubbed SasaPay. ViewTech Limited will offer Mobile Money e-wallet services, which includes: Send money (Person to Person) Agency network Cash in & cash out services (Deposit and withdrawals at SasaPay agents) Merchants’ payments (Businesses receive payments and […]

24/11/2021
By Afritech
Corporate, Financial & Tech, News, Online Platform
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Spotify launches Ad Studio in Kenya to allow brands run ads

Spotify’s self-serve ad platform, Ad Studio, launched this week in Kenya and five other countries to allow artists, brands and businesses to easily run audio and video ads. Ad Studio is a tool on the Spotify platform that allows artists, brands and businesses to easily run audio and video ads. Advertisers can create a campaign […]

Why Litecoin Is The Best For Investment

Introduction Litecoin (LTC) is the fifteenth most considerable digital money by market capitalization and trades at $180 at the hour of composing. Today Litecoin is a sad remnant of its previous self. It was a distinct advantage back in 2011, being delivered two years after Bitcoin and professing to care for some of its concerns. […]

Lipalater, Carrefour partner to launch LipaVismart

Credit service provider, Lipalater has collaborated with Carrefour to launch the LipaVismart product available to all Carrefour customers. This collaboration provides an instalment or monthly payment plan for all Carrefour items, including electronics, gadgets, appliances, furniture, perishables, and consumer items. Carrefour customers can use LipaVismart to buy items and pay for them in monthly instalments. […]

02/11/2021
By Afritech
Business, Financial & Tech, Online Platform
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Kenyan trivia startup, mSwali, raises pre-seed funding round

Kenyan education-based trivia startup mSwali has raised a pre-seed funding round that will enable the SME to expand its mSwali Quiz MVP from USSD app to a web app. mSwali a Kenyan mobile learning games developer which derives its unique name from two words, m for mobile and Swali which is Swahili for Question. The startup begun its […]

29/09/2021
By Afritech
Business, Financial & Tech, Technology, Telco
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Over Half World’s Population Now Using Mobile Internet

The GSMA has launched its global State of Mobile Internet Connectivity Report 2021 showing that, despite the COVID-19 pandemic, more than half of the world’s population is now using the mobile internet. Mobile internet usage translates to just over 4 billion connected people, 225 million more compared to 2019, and up from a third of people globally just […]

MTN partners with Flutterwave to integrate payments across Africa

MTN Group Friday announced a mobile money partnership with Africa payments technology company, Flutterwave, to integrate payments across Africa. The partnership will allow businesses integrating Flutterwave in Cameroon, Côte d’Ivoire, Rwanda, Uganda and Zambia to receive payments via MTN Mobile Money (MoMo). MTN MoMo is a fintech platform providing consumers and businesses with an electronic […]

MPESA reaches 50 Million Active Customers becoming Africa’s largest Fintech

MPESA has today announced that it has reached 50 million monthly active customers strengthening its position as Africa’s largest fintech. Launched more than 14 years ago in Kenya, M-PESA is today available in Kenya, Tanzania, Mozambique, DRC, Lesotho, Ghana and Egypt. The milestone comes just 18 months after Safaricom and Vodacom launched the M-PESA Africa […]