Retail-tech startup WafR raises US$455k to expand its network and expand its team

MOROCCO – WafR, a startup with an application that allows retail brands to broadcast smart promotions to grocers to increase their market share on the traditional channel, has announced that it has raised US$455,000 to provide the best possible support to retail brands. This new investment will allow the Moroccan startup to expand its network of partner grocers and grow…

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Canon Central and North Africa set to launch its products in its Kenyan tour

KENYA – Canon Central and North Africa, a leader in the fields of professional and consumer imaging equipment and information systems, has announced its R-tour in Kenya. The tour will witness the launch of 2 of their revolutionary products, EOS R3 and EOS R5 C, alongside showcasing its newly introduced release Powershot Zoom, the EOS R7 and R10. Canon showcased…

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Fintech Ukheshe Technologies launches first Tap-to-Pay phone payment solution

SOUTH AFRICA – Ukheshe Technologies, a fintech platform, has launched its first Tap-to-Pay phone payment solution that doesn’t require certifications. Ukheshe has created a quick and simple process for merchants and service providers to accept tap-on-phone payments by allowing any near-field communication (NFC) enabled Android device to accept these transactions. Also, there will be no need to include any third…

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AFDB launches new program to enable cities tap financial markets more effectively

KENYA – The African Development Bank and United Cities and Local Governments, a global umbrella group for local and metropolitan governments, have announced the launch of a new program to build the capacity of municipal chief financial officers (CFO) across the continent. The new initiative will enable cities to tap financial markets more effectively in order to fund their local…

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Ford’s Silverton Assembly Plant launches 13.5MW solar power, covering 35% of electricity needs

SOUTH AFRICA – Automaker Ford South Africa’s (Ford SA’s) Silverton assembly plant, in Pretoria, which produces the Ranger pickup for the domestic and export markets, has officially started sourcing 35% of its electricity needs from solar photovoltaic (PV) energy generation. Ford SA has a long-term power purchase agreement in place with SolarAfrica, which installed PV carports for 3,610 vehicles at…

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