Archive for the ‘News’ Category

Sierra Leone’s ‘Bureh’ Pioneers Bitcoin Use in West Africa
Friday, July 25th, 2014

Bureh, a Sierra Leone-based ethical fashion company, has pioneered in advancing digital currency economy for sub-Saharan Africa as it finally accepts bitcoin through payments processor BitPay. The digital currency will transform the way people send remittances to the continent. It also gives the unbanked easy access to money. The ethical fashion line anticipates having more transactions through the platform. Unlike in South and East ...  [Read more]

MTN Cameroon Transfers Ownership of WACS Fiber-Optic Cable to Government
Friday, July 25th, 2014

Mobile telecoms operator, MTN Cameroon, has transferred ownership of the WACS fiber-optic cable landing station at Limbe to the State of Cameroon. The transfer is a result of fruitful negotiations since 2012. The transferred ownership was signed by MTN Cameroon’s Chief Executive Officer, Karl O. Toriola and Cameroonian Minister of Posts and Telecommunications, in the presence of various officials of the telecommunications sector. The ...  [Read more]

Ugandan Authorities Move to Curb Cybercrime
Friday, July 25th, 2014

The National Information Technology Authority of Uganda (NITA-U) has announced plans to curb cybercrime, the growth of which is lies with unemployment and the influx of a large pool of youth, highly skilled in information technology. According to NITA-U, organisations running critical IT systems will be required to create technical and administrative controls, such as usernames and passwords to access systems, and perform background checks ...  [Read more]

Technology Experts Urge Nigeria Govt to Tap into the Open Data Market
Friday, July 25th, 2014

Science and Technology experts at a two-day Senior Expert Dialogue, SED, said Nigeria can benefit from the Open Data market which has the potential to save and generate about $3 trillion globally. They said Nigeria government can key into the initiative by creating the enabling environment for the citizens to have free access to all public information to be able to take the right decisions and also hold their leaders accountable for the use ...  [Read more]

Samsung Electronics Joins GSMA to Promote Good Health for Sub-Saharan Africa
Friday, July 25th, 2014

Mobile devices manufacturer, Samsung, has joined GSMA, an organisation that represents the interests of mobile operators worldwide, to partner in initiatives that will see an improved healthcare system. The GSMA Mobile for Development mHealth programme launched a new cross-ecosystem partnership designed to provide a range of mHealth services to women and children. The plan will have a particular focus on nutrition across Sub-Saharan ...  [Read more]

SA’s Cell C Announces Cuts in Prepaid Call Rates
Friday, July 25th, 2014

South African telecom operator, Cell C, has announced it has cut prepaid call rates to ZAR0.50 per minute for a promotional period, a move it said shows the company’s “commitment to providing the best value for customers”. This is not the operator has announced cuts in prepaid rates. In May, Cell C cut its prepaid and contract rates to ZAR0.66 from ZAR0.99, with the operator calling itself the customers’ “champion”, while rivals ...  [Read more]

MTN SA Wins Double Awards at 2014 Brand Finance Awards
Friday, July 25th, 2014

MTN South Africa has being voted the Strongest Brand and Most Valuable Brand in the 2014 Brand Finance Awards. The competition is comprised of the top 450 listed companies on the JSE, 10 of which were shortlisted and evaluated for the prestigious awards on the basis of brand equity, financial viability and brand support. Brand investment made into building brand equity was also a critical component of the judging process. The Brand ...  [Read more]

Mobile Communications Market  in Ethiopia & DRC Expected to Expand
Friday, July 25th, 2014

A report by Frost & Sullivan has predicted the underdeveloped mobile communications markets of the Democratic Republic of Congo (DRC) and Ethiopia are set to expand substantially in the next three to five years, mainly due to growing infrastructural investment. According to the company’s “Africa Mobile Communications Outlook on the Democratic Republic of Congo and Ethiopia”, the two markets earned revenues of US$1.78 billion in ...  [Read more]

Google Africa to Invest in Nigeria’s New Start Up Accelerator
Friday, July 25th, 2014

Google Africa has said, it will invest in 440, the new startup accelarator founded by 88mph and L5Lab to inject between $20k-110k into startups in Nigeria for 10-25% equity. “We are very excited to be supporting 440 in creating new opportunities for Nigerian startups to build great products for the local market, Africa and the world. Applications for the 3-month accelerator program which begins on September 10th are now open,” said ...  [Read more]

Yahoo Inc Names Marc Bignell as Head of Trading for the EMEA Region
Friday, July 25th, 2014

Multinational internet corporation, Yahoo, has confirmed the appointment of Omnicom's Marc Bignell as Head of Trading across Europe, Middle East and Africa. In the newly created role, Bignell will be responsible for driving agency relationships and trading agreements across the region. The seasoned agency leader will be based in London and will report to Dawn Airey, Senior Vice President of Yahoo EMEA. He will work closely with Brigitte ...  [Read more]

UBER Launches Services in Nigeria
Friday, July 25th, 2014

Online taxi hailing service, Uber, has successfully launched its services in Lagos, Nigeria to give the residents of “The Vegas of Africa” an easy way to hail their cabs in record time. Uber will compete Rocket Internet’s EasyTaxi which has been spreading across the country steadily and already has over 400 drivers in its database. To use Uber, download the Uber App to your iPhone or Android device, register with your debit or credit ...  [Read more]

Lendico SA Attracts US$285m  in Loan Demands
Friday, July 25th, 2014

Global online peer to peer banking service Lendico has attracted US$285 million (R 3 billion) globally) in demands for loans all over the world. The site which is also available in Europe (Poland Austria, Germany and spain), launched in South Africa less than three months ago. Lendico, counts more than 50,000 registered users and has received credit enquiries worth over 3 billion rand. With this strong demand, the Lendico team is growing ...  [Read more]

Broadband is a Right not a Privilege- OpenWeb CEO
Friday, July 25th, 2014

The 2020 Vision of the National Development Plan (NDP) for broadband is that, all South Africans will have access to broadband services at 2.5% or less of the population’s average monthly income. Is this a merely another fantasy or is Government serious about achieving its vision? According to Keoma Wright, OpenWeb CEO, “it is no longer a privilege but a right to have access to fast Internet. The Internet has become a basic commodity ...  [Read more]