Category: New Markets & Products

Delivery company Glovo spread its operations to Kumasi, the third city in Ghana

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GHANA – Glovo, a worldwide multi-category delivery player, has spread its operations to Kumasi, the capital city of Ashanti Region in Ghana, in line with the company’s vision to give everyone easy access to anything in their cities. Kumasi is the third city in Ghana to enjoy Glovo’s multi-category delivery services since it started operations in March 2021. Speaking on the expansion in Ghana, General Manager of Glovo Ghana, Pearlyn Budu, said the extension to the Ashanti Region was aimed at providing the fastest and most convenient delivery service to…

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Nigerian lending marketplace Evolve Credit launches cloud lending software

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NIGERIA – Evolve Credit, the Nigerian lending marketplace, has launched Configure, its new cloud lending software that it says will power thousands of new loan providers over the next five years. Configure is an affordable bank-level core lending platform that enables lenders to build, launch, and manage any type of loan product end-to-end across multiple distribution channels. Speaking at the Press Conference, Akan Nelson, Founder and CEO of Evolve Credit, stated that Evolve Credit’s vision has always been the same: to make access to credit and financial products more inclusive,…

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ECommerce startup Gozem extends its activities in Cameroon

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CAMEROON – Gozem, a West African-based eCommerce startup which offers ride-hailing, logistics, food delivery, and fintech services, has launched is set to launch its taxi-booking app in Cameroon. Gozem was founded in 2019 by Emeka Ajene and Raphael Dana, operating an app that offers transportation, logistics, e-commerce and financial services in primarily-francophone African countries. In addition to increasing competition in the market for applications that provide various financial, transportation, and e-commerce services, the startup hopes to expand the number of users of its platform, which is now believed to be…

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Africa Data Centres set to develop more facilities in Nairobi

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KENYA – Africa Data Centres, a leading carrier-neutral co-location data centre provider, has announced it will be developing two further facilities in Nairobi. The company has begun the development of a second data centre of up to 20MW of IT load and is securing land for a third facility. This represents an investment of more than US$200 million and will double the country’s data centre capacity. This will develop Kenya as a key digital hub, providing reliable digital infrastructure needs. “Africa Data Centres currently has the leading carrier-neutral data center…

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Fintech startup Kwara launches its regional offices across Kenya

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KENYA – Kwara, a fintech startup, has opened its regional offices in the Western, Central, Rift Valley and Coastal regions of Kenya as part of their expansion in the country. The company offers a digital banking platform that transforms existing credit unions and savings cooperatives (SACCOs) into modern, digital financial institutions. Currently serving almost 50 credit unions worldwide, the company is targeting an even broader scope of SACCOs. “We continue to deepen our side-by-side collaboration with SACCOs by investing even more resources countrywide. Our commitment to provide world-class digitization and…

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Airtel Money launches virtual payment solution in Zambia to improve e-commerce payments

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ZAMBIA – Airtel Money, a telecommunication company, has launched the Airtel Money Mastercard virtual payment solution in Zambia, to improve e-commerce payments in the country. The Airtel Money Mastercard will Airtel Money customers in the country, even those without a bank account, to make global e-commerce payments safely and securely, underpinned by a growing demand for digital payments. This forms part of Airtel Africa’s strategic partnership with Mastercard to give over 100 million Airtel Africa mobile phone users across 14 African countries access to Mastercard’s global network. The virtual (non-plastic,…

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Global communications company launches its RTE in Africa

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GHANA – Viasat Inc., a global communications company, has announced the launch of its first Real-Time Earth (RTE) facility in Africa, located in Accra, Ghana. Viasat worked in partnership with the Ghana Space Science and Technology Institute (GSSTI), a government-based institution under Ghana Atomic Energy Commission (GAEC), It is focused in coordinating all space, science, technology and related activities in Ghana, to bring new space opportunities and jobs to the region, while expanding Viasat’s ability to deliver critical earth observation and remote sensing data on-demand around the world. With this…

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ICT provider Benya Group and VC firm Openner launch US$50m venture capital fund

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EGYPT – Benya Group, an Egypt-based digital solutions and Information and Communications Technology (ICT) provider, has signed a memorandum of understanding (MoU) with international VC firm, Openner, to launch a US$50 million venture capital fund. The group clarified that the fund is set to provide capital investments and support entrepreneurs and startups in Egypt, as well as the Arab and African markets. The MoU comes within the framework of Benya Group’s strategy to support the capabilities of young calibres as the driving force in the field of digital innovation. “We…

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Dubai-based logistics firm DP World launches its e-commerce site in Kenya

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KENYA – DP World, the Dubai-based multinational logistics company, has announced the launch of its global wholesale e-commerce platform DUBUY.com in Kenya, bringing a new digital trade corridor for Kenya and the East African region. This expansion follows DUBUY.com’s successful launch in Rwanda earlier this year, where the platform has become a major gateway for trade in the East African region. The entrance to Kenya, according to the company, is aimed at fostering a secure and reliable way for organizations to develop, expand and crucially, improve supply chain connectivity and…

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Bolloré Logistics group launch electric clearance platform alongside partners

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CAMEROON – Cameroonian Customs, the Bolloré Logistics group, and Kwipay Central Africa have partnered to establish a platform, Kiwigo, that would allow electronic clearance of goods and services bought from overseas. This means that a person from Cameroon can now place a purchase order on Amazon and have it delivered to Cameroon using legal routes via Kiwigo. The agreement between the Director General of Customs, the Director of Kiwipay Central Africa, the proprietor of the Kiwigo application, and the Gulf of Guinea Regional Director of Bolloré Transports and Logistics was…

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