Investment into African tech startups hit record high in 2017

Investment into African tech startups hit the highest levels since records began in 2017, with 159 startups raising in excess of US$195 million. The DISRUPT AFRICA TECH STARTUPS FUNDING REPORT 2017, released today, reveals a record amount of funding was secured over the course of 2017, by the highest number of startups to date. Total… Read more Investment into African tech startups hit record high in 2017

Why banks and FinTech startups need each other more than ever

Amy Neale, vice president and senior business leader at ‎Mastercard, explains why banks and FinTech startups need to work closely together. It’s sometimes hard to believe the iPhone was launched a little over 10 years ago, paving the way for a smartphone revolution where it seems we have ported our entire lives onto mobile. With… Read more Why banks and FinTech startups need each other more than ever

Kenya most lucrative market for fintech top staff in Africa

Companies Thursday, January 4, 2018 9:42 By MUTHOKI MUMO Winners at the Fintech Awards last year. PHOTO | COURTESY  Kenya is the most attractive market in Africa for workers in the fintech industry with new data showing that companies pay the highest salaries in comparison to their peers on the continent. In a recent survey,… Read more Kenya most lucrative market for fintech top staff in Africa

Telecom firms may cut down on new workers this year – Punch Newspapers

Ozioma Ubabukoh Telecommunications companies in the country may have lost over N10bn in revenue in the last two weeks due to fuel shortage and this may affect planned recruitment of casual and permanent workers by some of them this year, it has been learnt. Following Nigeria’s exit from recession, the major telecoms companies are planning… Read more Telecom firms may cut down on new workers this year – Punch Newspapers

‘Nigeria, others must upgrade systems to combat cyber threats’

Nigeria and other African countries need to drastically improve cyber security and cyber crime detection systems to combat emerging cyber threats, Vice President of Asia Pacific, Middle East, and Africa at Check Point Software Technologies, Steve McWhirter, has said. According to the company’s latest global threat index released in October, Botswana (4th globally) is the… Read more ‘Nigeria, others must upgrade systems to combat cyber threats’

Cardless banking, hope for remote communities

Using cardlesss technology to reach remote communities in Nigeria should be a key priority for Nigeria’s banks owing to the vast business opportunities in the country, the Chief Executive Officer, Diamond Bank Plc, Uzoma Dozie, says in this interview with STANLEY OPARA In 2017, banking services were hugely disrupted by technology. What is Diamond Bank’s… Read more Cardless banking, hope for remote communities

Buyer yet to emerge as deadline for sale of 9mobile ends

9moille Bidders to wait for two more weeksThe deadline for the sale of 9Mobile, formerly Etisalat Nigeria, lapsed yesterday without the process producing a major buyer.The Guardian learnt that the five bidders left in the race, Globacom, Airtel, Helios, Teleology and Smile Communications, would have to wait for another two weeks to know which of… Read more Buyer yet to emerge as deadline for sale of 9mobile ends

Top Nollywood Movies Of 2017 • Channels Television

There were many movie productions in 2017, from the excellent, the good, average and the not so nice – however, it has been described by many as one of Nigeria’s biggest year in movies. From crashing the box office to bagging awards and international screenings, many have agreed that productions in the Nigerian movie industry… Read more Top Nollywood Movies Of 2017 • Channels Television

THE INSIDER: Why Globacom badly wants 9mobile — but may not get it

Globacom desperately wants to acquire 9mobile — but it would take a miracle for the nation’s second largest mobile network to get its wish, those with inside knowledge of the goings-on have told TheCable. The company formerly known as Etisalat Nigeria was taken over in July 2017 following a N541 billion debt 0verhang. Mubadala Group, the… Read more THE INSIDER: Why Globacom badly wants 9mobile — but may not get it

Economy: The impact of digital finance

By Bunmi Coker With approximately 70 million of Nigeria’s unbanked and under-banked Nigerians, deepening financial inclusion in the country remains a present and urgent need. The role of digital finance in this regard cannot be over-stressed because it has the potential to not only drive financial inclusion significantly but also empower bank customers carry out… Read more Economy: The impact of digital finance

OyaOya Unveils Online Trading Platform

OyaOya has announced the launch of its commodity trading marketplace to connect commodity ecosystem across Nigeria and Africa.The OyaOya platform rides on cutting-edge technology to link  four essential components together in a seamless and efficient flow – a marketplace for vendors to present their products, customers to select a… Source link