Kenyan social-commerce platform, Tushop has secured $3M in pre-seed funding round, led by 4DX Ventures and with participation from JAM Fund, Breyer Capital, Chandaria Capital, TO Ventures, Golden Palm Investments, FirstCheck Africa, and DFS Lab. The startup enables communities in Nairobi to buy groceries more cheaply with free delivery. Wasoko (formerly Sokowatch) also joined to […]
Safaricom has revamped its data plans which will see customers get up to 100% more data on their favourite daily, weekly, monthly and select all-in-one plans. The new offer will see both postpay and prepay customers browse more at no extra cost. The move to offer customers increased value is in recognition of the prevailing […]
Safaricom and Gulf African Bank, have today partnered to launch Halal Pesa, a Shari’ah-compliant mobile financing solution. Halal Pesa becomes the first Shariah-compliant mobile and digital financial solution in the country. Customers accessing financing through the service will receive the amount requested in full with a repayment period of 30 days at a 5% commodity […]
Spotify on Wednesday announced Kenyan singer Maya Amolo as its first-ever Fresh Finds Africa artist as part of its programme. The initiative by the music streaming firm is tailored specifically to spotlight and develop emerging independent artists from across the continent. Centred around the Fresh Finds playlist, the programme focuses on helping emerging artists to […]
123 passengers and nine crew members in the Boeing 737-800 are feared dead following the Monday’s crush where it went into a dive about an hour into its flight. Video clips posted by China’s state media show small pieces of the Boeing 737-800 plane scattered over a wide forested area, some in green fields, others […]
Safaricom on Monday announced that it is expanding its tech solutions in the areas of cloud computing, cyber security and internet of things (IoT) underpinned by IT consulting services. Besides reinforcing Safaricom’s new business strategy to become a technology company, the telco is banking on these recent efforts to enable it to play a bigger […]
Data controllers and data processors are now required to register with the Office of Data Protection Commissioner in Kenya. The parliamentary committee delegated legislation passing the data laws that a company found in breach of the new data regulations will face fines of up to one per cent of their annual turnover. Fines will require […]
Africa’s Buy-Now-Pay-Later (BNPL) firm Lipa Later Group has appointed Flutterwave Chief Executive Officer and Founder, Mr. Olugbenga ‘GB’ Agboola as a member of its advisory board. A highly regarded serial entrepreneur with two successful exits under his belt, Mr. Agboola is a software engineer with an MBA and a Master’s degree in Information Technology Security and Behavioural […]
United Bank for Africa (UBA) Plc, and Pan-African Payments Company Cellulant have announced a partnership that will extend payment services for merchants and consumers across 19 key African countries in which UBA operates. These countries include Nigeria, Ghana, Kenya, Côte d’Ivoire, Zambia, Tanzania, Uganda, Republic of Benin, Burkina Faso, Cameroon, Chad, Congo, the Democratic Republic […]
Sokowatch is set to rebrand to Wasoko after it raised Ksh. 14.3 Billion million in Series B funding which was led by Tiger Global and Avenir Growth Capital. The firm, offering a buy now, pay later option for retailers who need working capital to order more goods, was founded in 2015, by CEO Daniel Yu as an […]