South Africa’s Standard Bank has acquired a majority stake in Firepay, the company behind mobile payments solution SnapScan. Firepay, formed in 2013, launched SnapScan in partnership with Standard Bank in 2014. The product allows users to pay for good and services by scanning a QR code on their mobile phones. Full Story. AdvertisementsRead more "SnapScan Acquired by Standard Bank"
Taxi business being transformed in Ivory Coast. Watch.Read more "Ivory Coast: Home Grown Uber Alternative"
Nigeria’s population reached 182 million this year with more than half its people under 30 years of age, putting a severe strain on a nation suffering from a slowing economy and declining revenue to provide enough schools and health facilities. Full Story.Read more "Nigeria Growing Youth Population"
Applications are set to open for the third edition of the Tony Elumelu Entrepreneurship Programme (TEEP), which will see 1,000 entrepreneurs from across Africa selected to receive funding and mentorship. Full Story.Read more "3rd Tony Elumelu Entrepreneurship Programme Opens"
Sandton Central, without doubt, has become the most important business and financial node in South Africa, and plausibly sub-Saharan Africa. Full Story.Read more "Sandton: Africa’s richest square mile?"
Kenya is eager to make its entry into the oil export business in 2017. It plans to start on a small scale, producing almost a million barrels over a period of two years. Watch.Read more "Kenya pins its prosperity hopes on oil"
Little Cab, the ride-hailing app backed by telecoms operator Safaricom, is slowly giving Uber a run for its money in Kenya. Since Little Cab’s launch in July, the company has signed up 1,600 active drivers, outnumbering Uber’s just over 1,000 drivers. Uber launched in Kenya in January 2015. Full Story.Read more "Safaricom’s Little Cab Launches In Nigeria & Uganda"