Jumia, which looks to be on a path to pivot from eCommerce portals to classifieds platforms in its weaker markets, said in a statement that based on its review of the path to success, it decided to cease operations in Tanzania yesterday, 27th Nov 2019. “While Tanzania has strong potential and we’re proud of the growth we’ve collectively seen stemming from Jumia’s adoption, we have to focus our resources on our other markets....

Cameroonians have a strong purchasing power and are more and more interested in consumer goods. Even though internet penetration within the country is still low, it is largely growing thanks to the increase in smartphone use, which implies that now is the perfect time for online retail to set up itself. According to McKinsey Global Institute report in 2013, Cameroon is Africa’s 13th biggest economy with an economic growth rate of 4....

MD Lucy Mbugua, general manager Finance, John Thumbi, the corporation’s Secretary, Catherine Kisila, and Procurement manager Obadia Orora had been sent on a 30-day compulsory leave on 19 February to pave way for investigations on the matter of the agreement for development and management of duty free master licence at Jomo Kenyatta International Airport (JKIA) between KAA and a global travel retailer company, Durfy International AG. According to Chairman David Kimaiyo, the board took the preliminary investigations within the time frame set out in the Human Resource manual....

Karooooo, which owns South African vehicle tracking and fleet management solutions company Cartrack and is listed on the Johannesburg Stock Exchange, now owns 70.1 % of the start-up. Picup, according to the company, has strong growth prospects due to the rapid growth of e-commerce transactions and the demand to digitize logistics. Enterprises and transporters can use the Picup platform to plan and allocate their loads, as well as access real-time tracking and proof of delivery, as well as automated payments....

The new office will be mainly focused on developing data analysis and machine learning technologies for the company’s enterprise solutions offering. The team will be responsible for core parts of new Kaspersky Lab solutions, focused on targeted attack detection and investigation. Kaspersky Lab has appointed Keith Waters as Head of Engineering, to lead the development team in Ireland. Keith graduated from University College Dublin with a degree in Computer Science....

“The operating landscape has further been exacerbated by Covid-19 immediately shifting our focus to supporting our customers through the crisis. Pursuing business continuity and the safety and well-being of our staff and all other stakeholders,” Mr Oigara said. The Bank’s total operating income rose from 22 per cent to KShs. 22.95 billion in the period compared to KShs.18.76 billion in Q1 2019. Net interest income was up by 18 per cent to KShs....

Amitruck completed the Google for Startups Accelerator Africa late last year and has since had a positive outlook in the year, growing revenues by over 300% despite the COVID-19 crisis. The firm also raised undisclosed funding from GreenTec Capital for growth. Speaking during the announcement, Barry Large – Dynamo Ventures representative said, “We are excited to be investing in Amitruck given the momentum it has achieved over the last 12 months particularly in light of the challenges associated with COVID-19....

Mambu’s platform will enable the neobank to scale and expedite its digital journey to meet customer business needs. According to Wayne Hennessy-Barrett, Founder and Chief Executive Officer at 4G Capital: “We share the belief that customers must be at the heart of all that we do. Bridging the finance gap for micro and small businesses is not only about ‘access’; it is a covenant for success. We look forward to maximising the capabilities of Mambu as our systems and operations evolve and grow....

Ngetich was among 30 Finalists who will now undergo web based training prior to their flying to Nairobi where they will also get 2 days of intensive entrepreneurial skills training, mentorship, and networking access to global leaders in their fields all culminating to live pitching final to decide who will become the Tech-I 2015 winners. Reacting to the news, an excited Ngetich took to Twitter and said, “IT’’S OFFICIAL!!!!!!!!!……….WE WON!...

Once a phone is infected, any activity conducted with the device, especially calls, messages, emails, including communication through applications such as WhatsApp, are capable of being exposed and acquired by third parties. The spyware achieves this level of intrusion by granting itself privileges or permissions. According to sources, the spyware was a creation of the NSO Group, a company founded in Israeli that often contracts with governments throughout the world to spy on various people using advanced technology....

Ory announced on Twitter that she will be leaving the organization end of April after seven years of service. Luminate, part of Omidyar Group funds non-profit and for-profit organisations that improve advocacy, civic participation and transparency. Ory has also been at the forefront of Omidyar Network’s investments in Africa. Prior to this, the law and political science graduate from the Harvard Law School and the University of Pittsburgh respectively was Google’s policy manager for Africa and co-founder and executive director of Ushahidi and Mzalendo....

The campus will serve as the office and has space for bi-weekly physical & social activities. “Our little scientists now have practically chemistry, biology, and physics labs for their experiments. Thank you parents for your support over the last 19 months,27 days!”Sam exclaimed. Kidato is K-12 online school that offers after-school classes. Kidato Academy offers British National Curriculum through live online classes. Kidato learning allows students to explore their creativity through music, art, craft activities, and many more....

Jointly owned by Knife Capital and Thinkroom Consulting, Grindstone assists high-growth innovation-driven SMEs to become sustainable and fundable. “With this being the first time that the programme is offered in Johannesburg after successfully running it in Cape Town for four cohorts, we really want to tap into the city’s entrepreneurial ecosystem and highlight success stories,” says Andrea Bӧhmert, Co-Managing Partner at Knife Capital. Grindstone will be working with the current leading Johannesburg-based incubators, entrepreneurial support organisations and individuals committed to building the ecosystem....

“LG PuriCare Wearable Air Purifier resolves the dilemma of homemade masks being of inconsistent quality and disposal masks being in short supply. The PuriCare Wearable Air Purifier employs two H13 HEPA filters, similar to the filters used in the company’s home air purifier products.” The PuriCare wearable air purifier is planned to launch in select market as early as October, according to the press release. It features two H13 HEPA filters, similar to what LG uses for its in-home air filtration systems....

How many times have you used Fuliza? in case you’re still not aware on what it is, Fuliza is a service that allows M-PESA customers to complete their M-PESA transactions when they have insufficient funds in their M-PESA account. The service comes in handy especially when you’re strapped for cash and you have an emergency, but the thing is, not everyone uses it for emergencies as many people rely on Fuliza as an extra source of “income”, forgetting that it’s actually a loan service....

A new micro-jobbing online platform called the M4JAM is set for launch in South Africa on the 11th of this month. The online service that looks to link job seekers and employers in a novel programme utilizes crowd-sourcing to help users earn money through their smartphones. Andre Hugo, CEO of M4JAM, said: “M4JAM(Money for Jam) breaks large projects into small tasks, empowering many geographically dispersed people to quickly and independently complete the tasks using their phones in exchange for payment....

The startup was founded in 2018 by Tesh Mbaabu and Mesongo Sibuti.This platform controls mobile devices which the field agents use. In this way they can record all customer interactions as they happen in the field. We then aggregate this data acquired and present it through live web dashboards. Customers who need to use our platform do not have to sign a contract annually. Majority of our clients start with a 3-6 month pilot program....

1. Passnownow Passnownow is addressing the problem of access to education for millions of underserved Nigerian Children in rural an urban communities by making all subjects available on web and mobile. Founded by Toyosi Akerele-Ogunsiji, the platform provides tools for hundreds of thousands of Teachers in public schools. With these, they’re able to use class notes online to teach in Classrooms, parents nudge their children to study via web and mobile to augment class lessons & students studying all their school subjects on the Internet....

In the era of data analytics companies need to have accurate information at the tip of their hands to make quick and informed decisions. Businesses have a lot of data at their disposal but do not realize that if you add in the location component a lot of information can be extracted to give insight on what is happening in the areas they operate in, the risks they face, and what action needs to be taken....

“Right now, every leader is grappling with how to have effective hybrid meetings, often with limited equipment and resources. Hybrid meetings are an entirely new kind of meeting and require rethinking how we approach and conduct them to ensure we’re putting every attendee on equal footing, no matter where they’re sitting,” says Satya Nadella, the Microsoft CEO in a statement. Microsoft announced new Microsoft Teams Rooms innovations featuring a new category of intelligent cameras that support AI-powered active speaker tracking, multiple video streams that allow in-room participants to be placed in their own video pane, and people recognition....