Financial & Tech | Afritech Media

Streaming Service CAX launches in Africa

MVMO, an innovative new entrant to the high-growth African online entertainment market, today announced the launch of its service. MVMO (Movies, Video, Music, Opportunity) is a distribution platform developed in association with the Creative Africa Exchange (CAX), a fast-growing marketplace for the creative and cultural industries, sponsored by Afreximbank. MVMO launches at a time of exciting […]

Alternative Circle Recognized Among the World’s Top Fintechs

Kenyan start-up Alternative Circle has been recognized as one of the top fintechs in a first ever survey on the emerging industry, globally. The first Global Fintech Index city ranking 2020 by Findexable, a platform that aims to identify emerging hubs, fintech companies, and trends of fintech ecosystems in more than 230 cities across 65 […]

December 20, 2019
By Brian Yatich
Financial & Tech
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Fintech firm Carbon expands into Kenya

Carbon, Nigeria’s digital financial services company, has launched into Kenya. The service will allow Kenyans to be able to access instant loans, from Ksh 500 to 50,000, using their National ID number and a selfie, as well as the phone number associated to their mobile wallet. They will also have access to payment services to […]

November 28, 2019
By Brian Yatich
App, Business, Corporate, Financial & Tech, Interviews, Social Media, Technology
2 Comments

TikTok and the shifting trend of social media

TikTok has risen from unchartered niche which brands and business are now eager to tap on, with its growing trend. By Brian Yatich For any business, social media presence is non-negotiable. It has gradually changed our operations and our day to day lives right from the way we get information to the way we transact […]

November 23, 2019
By Brian Yatich
Corporate, Financial & Tech, Social Media, Startups, Tech Debates, Technology
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Facebook hosts Facebook iD8 in Nairobi to celebrate tech ecosystem

Facebook (www.facebook.com) on Friday brought together over 400 developers, startups and businesses from across Sub-Saharan Africa in a first of its kind conference dubbed “Facebook iD8 Nairobi”. The event is part of Facebook’s effort to create opportunities for innovation, community building and education throughout the continent. “Facebook iD8 Nairobi” created a space for developers and […]

November 19, 2019
By Brian Yatich
Financial & Tech
No Comments

OPay raises $120 mn Series B Funding with plans to Expand to Kenya

OPay, the payments service operating in Nigeria has announced that it raised $120 million of series B funding, less than 6 months after it announced its last funding round of $50 million in June. The company, which was incubated by Norwegian based, global consumer Internet company Opera (Nasdaq: OPRA), is already Nigeria’s leading mobile wallet […]

November 13, 2019
By Brian Yatich
Big data, Cloud Computing, Corporate, Financial & Tech, Interviews, IOT, Technology, Telco
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SEACOM: Powering Africa’s digital economy

Tony Tugee, Managing Director SEACOM sees increased data usage, a changing world and markets that will be disrupted by new technologies. By Brian Yatich The world is overflowing with information. Every day, humans generate 2.5 quintillion bytes of data. Reports, selfies, streaming TV’s, text messages, high definition videos and data visuals are some of the […]

Wefarm secures $13 Mn funding to scale its network

Digital network for global small-scale agriculture, Wefarm has announced it has raised $13 million in a Series A financing round led by Silicon Valley venture capital firm True Ventures. The financing round will help Wefarm further scale its network of 1.9 million farmers, and its newly created Marketplace, to connect farmers in Africa, even those without […]

November 4, 2019
By Brian Yatich
Corporate, Financial & Tech, Startups, Tech Debates
No Comments

These Are The 12 Most Funded Startups in Kenya

By Digest Africa As if to balance out the major directions on a compass in representation, Kenya, Nigeria, Egypt and South Africa have the most funded startups on the African continent. Kenya is set apart, however, by a number of attributes. Be it the post-election violence or the era of mobile phones and the internet […]

Category: Financial & Tech