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Business

BusinessexplainedNews

Why most spoiled mobile phones from Africa are shipped to Europe

By Editorial
January 5, 2022
4 Mins read
BusinessFeaturedInnovationNewsStart-Ups

Rwanda named 8th member state of The Digital Cooperation Organization

By Kenn
December 28, 2021
2 Mins read
The Digital Cooperation Organization (DCO) has announced the further expansion of its membership by welcoming the Republic of Rwanda as a member…
BusinessE-CommerceFintechTransport

Google’s Africa Investment Fund announces investment in Uganda’s SafeBoda

By Mugume Jonas
December 16, 2021
1 Mins read
Google has announced its first investment from its Africa Investment Fund in Ugandan motorbike-hailing App SafeBoda. According to TechCrunch, the undisclosed investment comes…
BusinessFintechNews

Bboxx kickstarts financial inclusion initiative in Kenya

By David Walker
December 15, 2021
1 Mins read
Bboxx has partnered with a Kenyan Fintech company to offer cash loans and affordable financial services in a pilot aimed at positively…
BusinessInternetSocial Media

Facebook introduces 7.5% VAT on all adverts in Nigeria starting 2022

By Editorial
December 13, 2021
1 Mins read
Facebook has announced that Nigerians will pay 7.5 per cent value-added tax (VAT) on all ad placements from January 1, 2022. The social media…
BusinessInternetNews

Meta, Africa No Filter start a new fund for VR in African storytelling

By Sandra Pia
December 7, 2021
2 Mins read
Meta has announced a new partnership with Africa No Filter, to launch the ‘Future Africa: Telling Stories, BuildingWorlds’ programme, aimed at boosting…
BusinessNewsTelecom

MTN Uganda raises Shs 536 Billion in under subscribed IPO

By David Walker
December 7, 2021
1 Mins read
MTN Uganda said its initial public offering raised UGX 535.94 billion, less than two-thirds of its target. At least 2.9 billion shares…
BusinessInternetNews

World Bank provides $100 million for Rwanda’s Digital Acceleration project

By Kenn
December 3, 2021
2 Mins read
The World Bank Group has approved $100 million in financing under the International Development Association’s (IDA) Scale-Up Window to help the Government…
BusinessInnovationNews

Africa Data Centres opens data centre in Nigeria

By David Walker
December 3, 2021
1 Mins read
A new 10 megawatt (MW) data centre has been opened in Lagos, Nigeria, by the Africa Data Centres. First announced in April,…
BusinessNews

DPO Group & Mastercard are partnering to give small businesses in Africa free e-commerce services

By Kenn
May 1, 2020
1 Mins read
African payments gateway DPO Group has partnered with Mastercard to launch an e-commerce store helping African businesses to move online amid the…
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