New digital platform launches to allow cross-border remittances into Nigeria, Ghana, Kenya, Serria-Leone

The global average cost of sending remittances was at 7.2 percent in 2017 Q3, significantly higher than the SDG target of 3 percent.  According to the World Bank, two major factors contributing to high costs include the de-risking behavior of commercial banks and […] The post New digital platform launches to allow cross-border remittances into Nigeria, Ghana, Kenya,… Read more New digital platform launches to allow cross-border remittances into Nigeria, Ghana, Kenya, Serria-Leone

eTranzact fires Mr. Valentine Ob over N11Bn fraud allegations

    eTranzact International PLC, an e-payments solution provider, on Monday May 21, 2018, announced it had fired Mr. Valentine Obi with immediate effect. Mr Obi, will step down as the Managing Director of the Company and will be replaced by Mr. Niyi Toluwalope in acting capacity. eTranzact says it’s aware of recent media publications… Read more eTranzact fires Mr. Valentine Ob over N11Bn fraud allegations

Mart.ng Launches in Abuja With a 59 Minute Online Grocery Delivery Service

    Mart.ng, an online supermarket and grocery delivery service has launched to offer consumers, personal and convenient online grocery shopping experience in the Federal Capital Territory, Abuja, Nigeria. The company, which prides itself on delivering the best and fresh products at the most affordable prices, does it under 59 minutes. Mart.NG has come to… Read more Mart.ng Launches in Abuja With a 59 Minute Online Grocery Delivery Service

Nigeria’s TyrePalace is helping vehicle owners find the right tires

For most vehicle owners, finding the right tires to buy can be very exhausting especially if its their first time or they are busy with other tasks. However, TyrePalaca, an online marketplace in Nigeria aims to help anyone finding it hard to find their exact tire size, price among others, to getting their preferred brand… Read more Nigeria’s TyrePalace is helping vehicle owners find the right tires

MYDAWA launches a donations initiative to market its products countrywide

E-health platform, MYDAWA is set to distribute Ksh 2,000,000 worth of drugs over the next 6 months in a move expected to market its products to pharmacists and drive awareness countrywide. The drive which began in Mombasa in January this year at Coast General Hospital today makes a stop-over at Komarock Healthcare Hospital in Utawala,… Read more MYDAWA launches a donations initiative to market its products countrywide

Cellulant granted a PSSP license to power e-payments for banks & merchants in Nigeria

Cellulant Nigeria has finally been granted a Payment Solution Service Provider (PSSP) license by the Central Bank of Nigeria (CBN) in a move that will see it power e-payments for banks, online merchants, payment processors, retailers, state governments and consumers. This approval makes Cellulant one of the 7 companies that make up the underlying e-Payment… Read more Cellulant granted a PSSP license to power e-payments for banks & merchants in Nigeria

Flutterwave’s Rave wants to enable every African business to accept PayPal & any kind of payment, anywhere

In November 2017, Nigeria’s Flutterwave launched Rave to enable African businesses accept PayPal and any kind of payment, anywhere, across Africa and around the world. Rave powers PayPal, Mastercard, Visa, Verve, Bank Account and USSD payments via a simple integration that will see over 200 million PayPal users from around the world to pay businesses simply. … Read more Flutterwave’s Rave wants to enable every African business to accept PayPal & any kind of payment, anywhere

Econet Media’s Kwesé acquires iflix Africa to take on Netflix, Showmax

Listen Econet Media’s Kwesé has acquired a significant stake in iflix Africa, which will now form part of Kwesé’s diverse broadcast offering, as the core vehicle to deliver seamless mobile experiences to millions of viewers in Africa. With operations in Nigeria, Kenya, Ghana and South Africa, iflix offers users an extensive collection of local African… Read more Econet Media’s Kwesé acquires iflix Africa to take on Netflix, Showmax