AfricaCom 2019 to feature new AfricaTech Centre Stage

Tech takes
centre stage

New feature at
AfricaCom 2019.

ITWeb Africa

Tuesday, Sep 17th

African fintech company JUMO raises US$24m for expansion

African fintech company JUMO raises US$24m for expansion

Facility arranged by Gemcorp Capital with Finnish development finance company Finnfund contributing US$6 million.

DPO to expand across Africa after US$5m Apis investment

DPO to expand across Africa after US$5m Apis investment

Second investment will be used to fuel organic growth across the continent.

Europe's Societe Generale launches mobile money solution for Africa

Europe's Societe Generale launches mobile money solution for Africa

YUP already has more than 30 000 open wallets and nearly 600 agents, with targets to open one million wallets in the next three years.

Blockchain tops Dimension Data's list of 2018 IT trends

Blockchain tops Dimension Data's list of 2018 IT trends

Tech firm says Blockchain has an immense potential to disrupt and transform the world of money, business, and society.

Safaricom discontinues East Africa top up services

Safaricom discontinues East Africa top up services

Availability of better options for topping up has rendered this service obsolete.

Youtap launches cloud-based platform

Youtap launches cloud-based platform

Company says providing the payment platform as a cloud-based service allows for faster delivery and implementation.

WorldRemit adds low-cost international remittances to Huawei product

WorldRemit adds low-cost international remittances to Huawei product

Deal opens up potential 100 million mobile account market.

Bitcoin company Luno announces European expansion, raises US$9m

Bitcoin company Luno announces European expansion, raises US$9m

Series funding to be used for product refinement and development, as well as expansion into new markets.

CQS acquisition moves to final phase in July

CQS acquisition moves to final phase in July

Company's name to be replaced by CaseWare Africa.

Namibia weary of Bitcoin but acknowledges Blockchain

Namibia wary of Bitcoin but acknowledges Blockchain

Southern African country's apex bank confirms official position as the cryptocurrency continues to make inroads into South Africa and Nigeria markets.

'Silicon Valley-style' investment leads to missed opportunities in East Africa

'Silicon Valley-style' investment leads to missed opportunities in East Africa

 

Village Capital report finds investment is concentrated in just a few companies, investors consider DFS companies to be risky.