Liquid Telecom to Raise $225 Million Equity in 4 Months
A significant investment is set to boost Africa’s digital infrastructure as South Africa-based Liquid Telecom to raise $225 million equity by the end of 2024. Per Hardy Pemhiwa, Chief Executive Officer (CEO) of Liquid Telecom, a US development agency, the International Development Finance Corporation, will be one of the main
Uber Kenya Raises Fare Prices in Response to Drivers’ Frustrations
Uber Kenya raises fare prices in response to drivers’ frustrations, which have led some to set their prices and refuse service to passengers unwilling to pay the higher rates. Imran Manji, Head of East African Operations, stated that a re-evaluation had occurred after an extensive market data analysis and consultation
The Man Called Tayo Amusan
Tayo Amusan is currently Chairman and Managing Director of Persianas Nigeria Limited. A company incorporated in 1990 to develop luxury residential, retail, entertainment and hospitality centres as well as commercial developments in Nigeria. In addition to his various business interests, Amusan also serves on boards of several companies, including Garages
NIBSS Joins Zone’s Blockchain Payment Network
NIBSS joins Zone’s blockchain payment network to include PoS standardization functions on the blockchain. This is expected to improve interoperability across the PoS payment value chain. It will also mean NIBSS, a central switch in Nigeria, will become a part of the Zone payment blockchain network. This comes after Zone
Brand Market Research: Meaning & How to Do it Like Experts
Have you ever wondered why a few brands succeed in Africa and others don’t? The solution lies on how your brand is perceived in the market. And that’s where brand market research comes in. Think of brand market research as a communication you have with your audience. It is about listening
22 Best Marketing Newsletters for Startups in Africa
You’re spoiled for choice on which of the best newsletters to subscribe to since you began your startup. While having a variety of options can be advantageous, it can also lead to a dilemma of indecision. The sheer number of newsletters available can overwhelm you, making it challenging to determine
Android New Theft Detection Lock Rolled Out
Android phones are about to get the new theft detection lock that can keep personal information safe. Recall in May of this year, Google teased a new Theft Detection Lock tool for Android phones. Android New Theft Detection Lock Finally Rolled Out on Androids The feature would sense a device’s motion —
Nigeria to Introduce New Tax Laws Regulating Cryptocurrency by September 2024
Nigeria to introduce new tax laws regulating cryptocurrency including regulations for the Nigerian crypto industry, by September 2024. The Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, announced this while speaking at the FIRS 2024 Stakeholders Engagement with the Senate and House of Representatives Committees on Finance.
Nigeria Targets Data Capture for Farmers
Nigeria targets data capture for farmers after disclosing plans to launch app. This is a collaborative initiative between the ministry of agriculture and the National Identity Management Commission (NIMC) for Nigerian farmers. This project aims to enhance the distribution of agricultural inputs and provide targeted support to farmers. During the
MTN Group Records $414.7 Million Loss, its First Loss in 8 Years
The South African-owned multinational corporation and mobile telecom provider, MTN Group records $414.7 million loss, its first loss in 8 years. The group announced a loss of R7.39 billion ($414.7 million) for the six months ending in June 2024, a stark contrast to the R4.14 billion ($232.3 million) profit recorded
