Frontier Digital Ventures to own 49% of Morocco’s car classifieds site moteur.ma

September 29, 2016, 9:12 pm

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Share...Emerging markets classifieds operator Frontier Digital Ventures has announced it would increase its equity shareholding in Morocco’s auto marketplace, ‘moteur.ma’, to 49 percent in October, as it eyes a total majority stake in the company in the near future. The increase in shareholding was foreshadowed in the recent US$22.9 million raise from the Australian Stock Exchange […]

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Best startups that facilitate bitcoins

October 7, 2016, 2:18 am

≫ Next: Former CEO of MTN South Africa joins Kirusa’s Advisory Board on its Africa expansion

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Share...Bitcoin has been all over the headlines already for quite some years, however, the main reason for that was the speculation around the rate of this cryptocurrency. While there are many early bitcoin adopters that fully support the advanced and transparent technology that is capable of changing the world, most of the people are just […]

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Former CEO of MTN South Africa joins Kirusa’s Advisory Board on its Africa expansion

October 7, 2016, 2:46 am

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Share...Telecom visionary, Zunaid Bulbulia, one of the founding members of the MTN Group with over 22 years of experience in the telecommunications industry has joined Kirusa’s advisory board on its Africa expansion. Zunaid holds a BCom in Accounting from the University of Witwatersrand and a BCompt Honors (CTA) from the University of South Africa. He […]

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Inukapap wins the Kenya round of Seedstars World

October 8, 2016, 4:53 am

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Share... Inukapap won the Kenya round of Seedstars World and will represent the country at the Seedstars Summit in Switzerland to compete for up to USD 1 million in equity investment.  InukaPap, is a mobile platform that allows subscribers to access free medical insurance by saving and borrowing loans, was selected the best startup in […]

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CBA goes downtown Nairobi targeting the hugely untapped Kshs. 807 trillion SME market

October 14, 2016, 7:27 am

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The Commercial Bank of Africa (CBA) has launched a new branch on Kirinyaga Road, a popular location for car spare part dealers and traders in a move to target the hugely untapped SME market worth an estimated Ksh. 807 trillion. Jeremy Ngunze, CBA’s Chief Executive Officer, Kenya, speaking on the move said, “Our revamped proposition […]

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Rwanda officially kicks off the Zipline drone delivery service of life-saving blood

October 14, 2016, 8:01 am

≫ Next: Nest partners MTN Solution Space in Cape Town to Host a 2- Day Mobile Bootcamp

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The government of Rwanda has officially launched Zipline , the world’s first national drone delivery service expected to make up to 150 on-demand, emergency deliveries per day of life-saving blood to 21 transfusing facilities located in the western half of the country. According to the president, the drones, are very useful, both commercially and for improving services in […]

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Nest partners MTN Solution Space in Cape Town to Host a 2- Day Mobile Bootcamp

October 14, 2016, 2:00 pm

≫ Next: MyBucks acquires stake in Opportunity International to set up banks in Africa

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Nest and MTN Solution Space will provide founders and developers with a space, community, and platform to pitch and gain continued support to scale their startups globally. Startups to finish programme with pitch at AfricaCom. Early-stage venture capital firm and global innovation accelerator, Nest is pleased to announce a partnership with MTN Solution Space at the University of Cape […]

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MyBucks acquires stake in Opportunity International to set up banks in Africa

October 14, 2016, 2:11 pm

≫ Next: Caribou Digital’s DFS Lab to grant $100k into fintech entrepreneurs in Africa

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Luxembourg-based fintech firm MyBucks, which runs  GetBucks in Kenya, Uganda and several other markets has acquired a significant stake in Opportunity International, to help it set up banking operations in various markets across the continent. The deal will give MyBucks, Opportunity International’s Trademark License Agreement across Africa. This will enable the firm to start deposit-taking operations in […]

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Caribou Digital’s DFS Lab to grant $100k into fintech entrepreneurs in Africa

October 17, 2016, 12:20 am

≫ Next: SchoolApply.ng Wants to Help Nigerian Students to get International Admissions

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Caribou Digital is set to grant $100 into fintech startups in Africa after a 5 day bootcamp in Dar es Salam, Tanzania from Sunday, October 23, 2016 to Saturday, October 28, 2016. The one week bootcamp is targeting startups serving low-income consumers who believe they have what it takes or are interested in launching a developing world fintech startup. […]

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SchoolApply.ng Wants to Help Nigerian Students to get International Admissions

October 17, 2016, 12:38 am

≫ Next: Kenya’s Pesa Zetu entangled in a bitter feud with former employees over unpaid wages

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In today’s globalised world, it is becoming increasingly important for students to gain an International experience. This helps boost their resume as well as increases networking abilities for students who embrace these opportunities and challenges. With thousands of options available, it can be difficult for students to select the appropriate educational institution for them. A […]

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Kenya’s Pesa Zetu entangled in a bitter feud with former employees over unpaid wages

October 18, 2016, 12:39 am

≫ Next: Afrimalin raises $437,000 in a record 3 days to be Francophone Africa’s Craigslist

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Kenya’s Pesa Zetu, a peer-to-peer lending startup is reportedly entangled in a bitter feud with former employees over unpaid wages and expenses they incurred in the line of duty according to court documents obtained by TechMoran. The ex-employees who spoke to TechMoran on condition of anonymity say they were responsible for the firm’s operations in […]

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Afrimalin raises $437,000 in a record 3 days to be Francophone Africa’s Craigslist

October 27, 2016, 6:43 am

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General classifieds startup Afrimalin with a similar Craigslist model has successfully raised €400K in only 3 days just less than a month after its launch to connect buyers to sellers in Francophone Africa. The record was led by the Milchior family, owner of the French group Etam, David Kalfon of Amaika Asset Management, a French investment fund and investor Yannick […]

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Brighter World Energy raises $610,000 to light up Africa

October 27, 2016, 8:16 am

≫ Next: MyISP, a little known fiber to the office internet service provider is rolling out into homes

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UK’s Brighter World Energy, just raised GBP500,000 seed capital round led by ClearlySo, a European impact investment bank to help tackle the continent’s power crisis as well for its customers in the UK. And this is a right move, according to a May 2016 report by the Economist Intelligence Unit, Africa needs $90 billion annually to address […]

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MyISP, a little known fiber to the office internet service provider is rolling out into homes

November 30, 2016, 12:50 am

≫ Next: Safaricom could do more to woo loads of women into tech

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MyISP, a little known corporate internet service provider  is expanding into the home internet market, joining giants like Seacom, Safaricom, Liquid Telecom, Jamii Telecom and Zuku. Founded in Kenya in 2005 as a hosting and ISP focused to corporate and small office clients, the firm says it’s earned a reputation for fast and stable internet […]

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Safaricom could do more to woo loads of women into tech

November 30, 2016, 1:23 am

≫ Next: Poa! Internet, struggling Internet for Kibera slums gets Liquid Telecom boost

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Safaricom says it plans to recruit 62 interns by January 2017 as it progresses its agenda to woo more women to the technology field but we think it could do more than that. The giant telco which was trading today noon at Shs 20 per share (SCOM 20.50)  recently said in its true economic value […]

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Poa! Internet, struggling Internet for Kibera slums gets Liquid Telecom boost

November 30, 2016, 2:12 am

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Launched in August last year after a series of trials and set up, poa! Internet has turned to Liquid Telecom Kenya to bolster its capacity and scale with the two unveiling a functional Internet model today. Focused on Kibera slums, the service is delivered using solar powered hotspots and is free to access to Kibera […]

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Efritin to be run remotely after local operations were shut down

January 13, 2017, 12:25 am

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Efritin, a general classifieds site run by Saltside Technologies will be run remotely after the Nigeria office was shut and staff retrenched as TechMoran reported earlier. In an interview with Aim Group,  Saltside Technologies CEO Nils Hammar confirmed that Efritin staff of 50 had been retrenched and the firm will be run out of Nigeria from […]

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Sanivation to pitch for $1m Chivas Regal’s The Venture global competition

January 13, 2017, 1:24 am

≫ Next: Gebeya to launch an on-demand platform for practical IT training for individuals & businesses in Africa

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Sanivation, a Naivasha-based social enterprise has been selected as one of 30 startups from across the world to be a finalist of Chivas Regal’s The Venture competition; a global search to find and support the next generation of start-ups that want to succeed while creating a better future for society. “We are honored to be […]

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Gebeya to launch an on-demand platform for practical IT training for individuals & businesses in Africa

January 13, 2017, 3:22 am

≫ Next: Accommodation reservation firm Booking.com pleased with its growth trajectory in Africa

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 Gebeya, a subsidiary of Coders4Africa, a network of software developers in Africa, is set to launch an on-demand platform for practical IT training for individuals & businesses in Africa. On the 3rd of February, Gebeya will launch its online marketplace that connects highly skilled, certified and multi-lingual IT professionals with customers to develop innovative technology solutions, […]

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Accommodation reservation firm Booking.com pleased with its growth trajectory in Africa

January 18, 2017, 12:46 am

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Booking.com, the global online accommodation reservation engine run by the Priceline Group is growing steadily in Africa with over 23,700 unique stays despite travel advisories and the continent’s reliance on seasonal wildlife tourism. According to Joost Vermeulen, Regional Manager Middle East & Africa, Booking.com, “We’re pleased with the growth that we’ve seen in Africa in […]

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