Tech company JUMO partners MTN Uganda to launch new credit service

UGANDA – JUMO, a technology company building next-generation financial services for emerging markets, has partnered with MTN Mobile Money Uganda Limited to launch MoSente, a new credit service that will afford the people of Uganda more choice when it comes to mobile lending services. MoSente is a convenient way for MTN customers to access credit facilities. Customers can borrow at…

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SA startup TallOrder set to expand its services in Europe and USA

SOUTH AFRICA – TallOrder, the South African startup that is a developer of advanced cloud-based point of sale (POS) solutions for the small and medium-sized enterprise (SME) market, is working on expansion to Europe and the United States after banking US$3.1 million in funding in January. Launched in 2014, the TallOrder POS platform, which can be deployed on suitable Windows,…

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Mobile network provider Africell launches its services in Angola

ANGOLA – Africell, an US-based African mobile network provider, has launched commercial mobile services in Angola. The entry of an independent operator brings fresh competition to Angola’s telecommunications sector and signals positive progress in efforts to open Angola’s economy. Africell’s launch in Angola is a major step forward in its mandate to transform the country’s digital landscape. In addition to…

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Infobip acquires license to operate in Zambia for servicing the SADC region

ZAMBIA – Infobip, a global cloud communication platform and leader in omnichannel customer engagement, has acquired a Service without Network (National) licence to operate in Zambia, a market that is key to its expansion and servicing of the Southern African Development Community (SADC) region. “Zambia is an exciting market for Infobip, allowing us to service neighbouring countries such as Zimbabwe…

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Nigeria’s fintech Flutterwave receives approval to start trading in Tanzania

TANZANIA – Flutterwave, a Nigerian payments technology firm, has launched in Tanzania after gaining approval from the Bank of Tanzania (BoT), the country’s regulatory body for banks, microfinance institutions and payment service providers. With the approval, Flutterwave will open its offices in Dar Es Salaam to drive connected digital payments and financial inclusion by enabling merchants and customers to trade…

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Air condition maker Daikin Industries launches its operations in Kenya

KENYA – Daikin Industries, the world’s largest maker of air conditioning equipment, has launched its operations in Kenya as part of its global strategy to increase footprint across the emerging markets, globally. While announcing its plan to set up the facility in a few weeks’ time, Daikin India Chairman & Managing Director, Mr Kanwal Jeet Jawa, said that the East…

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Bboxx launches new brand to speed up clean energy deployment in off-grid communities

KENYA – Bboxx, a next-generation utility, has launched Flexx by Bboxx, a new brand offering entry-level clean energy products to millions of people at the bottom of the energy pyramid. Flexx by Bboxx will bring new and reliable products to market that are affordable, accessible, and flexible, getting millions more people onto the energy ladder. As part of the launch,…

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Payment solutions provider Pesapal launches solution for entertainment industry

KENYA – Pesapal, a payment solutions provider, has outlined technology-based solutions for the bar and entertainment industry that will help restaurant owners and managers to run their businesses more efficiently. Speaking during the Pesapal Caffé Session, Mercy Kanini Head of Sales – Hospitality sector said their innovative technology solutions have helped restaurants and bars transform how they operate not just…

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Electric vehicle startup BasiGo launches its first electric buses in Nairobi

KENYA – BasiGo, an electric vehicle startup, flagged off its first electric buses for passenger use in Nairobi. The startup is partnering with Citi Hoppa and East Shuttle in Nairobi for its pilot phase. Citi Hoppa will be deploying the BasiGo electric bus on routes between the city centre and Jomo Kenyatta International Airport.  East Shuttle plans to deploy their…

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Nigerian payment company CapiFlex launches its payment platform in Kenya

KENYA – CapiFlex, a Nigerian payment technology company and a subsidiary of CapitalSage Technology Limited has launched its instant payment platform called CapiCollect in Kenya. The product was launched in partnership with Arronax Systems, a financial technology company based in Kenya. The CapiCollect payment comes with an escrow feature that allows businesses to receive payment securely but also allows them…

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