The funding from ElectriFI is subordinated junior debt and will be used for growth in PEG’s existing markets. “PEG has almost doubled in size every year since 2015,” said CEO Hugh Whalan, “and the fact we are now able to raise a significant amount of our funding in debt demonstrates that our approach is financially sustainable. We are delighted to work with ElectriFI to further accelerate our growth.” Via its PAYG financing model, PEG Africa enables customers to reduce reliance on harmful fuels such as kerosene and diesel with affordable solar energy systems....

This year’s Nominee reception and awards ceremony held on Saturday, 26th of August at the Terra Kulture Arena in Victoria Island, Lagos. A total of 3,500 candidates were nominated across the 25 categories of the award, which was then cut down to 100. The final 25 winners were decided by the Global Advisory Board of SME100Nigeria based on set down criteria and online voting. According to the Executive Director of SME100 Nigeria, Charles Odii, “the goal of this award is to stimulate an entrepreneurial culture among our youths....

eTranzact International PLC, a provider of mobile banking and payments services and EFInA (Enhancing Financial Innovation & Access), a financial sector development organization have come together and invested $350,000 into a mobile money activation project. The project which will be piloted in Northern and South Western Nigeria is called “The PocketMoni 500” project and will run for six months. The project which is in line with the Central Bank’s cashless policy has kicked off in Kano and Ogun States in Northern and South Western Nigeria respectively, and is aimed at driving the adoption of mobile money in those areas by educating and signing up local merchants and consumers....

The IPS screen on the Poco M5 has a Full HD+ resolution and a 90 Hz frame rate. An 8-megapixel camera is housed in the teardrop-shaped cutout of the tempered glass Gorilla Glass that covers the matrix. Three modules make up the primary camera, and each module has a sensor with a megapixel resolution of 50 (Samsung ISOCELL JN1), 2 (for macro photography), and 2 (for scene depth analysis). The 6-nanometer Helio G99 is the hardware foundation for the Poco M5....

These insurance plans with flexible premium payments, which fall under Power’s “Protect” product pillar, are aimed towards gig and salaried employees across the region. Power intends to simplify the process and empower workers across Africa by delivering a holistic financial wellness solution for firms and their workforces as technology continues to revolutionize the way people transact, borrow, save, and insure. The platform connects banks, asset managers, and insurance providers to end-users via API integrations, allowing for seamless access to a variety of financial solutions....

South Africa’s City of Tshwane, in association with Project Isizwe, has launched the second phase of the Tshwane Free Wi-Fi internet project intended to install 214 new Free Internet Zone (FIZ) sites at schools in Mamelodi, Atteridgeville and Soshanguve. The Free Internet Zone (FIZ) allows users with WiFi enabled devices to access free internet without any logins or passwords. “This unprecedented intervention will juxtapose Tshwane as an e-Capital of excellence and a driver of education in the country aligned to the creation of a Smart City and a knowledge economy” said Tshwane Executive Mayor, Cllr....

Qwikkly is here to to connect Nigerian businesses with the best social media influencers. Launched on the 1st of March 2017, Qwikkly, is a marketplace that connects startups and businesses with social media influencers who can help them advertise their products and services for a small fee. The startup negotiates deals with influencers thereby making it cost effective for startups to buy their service. According to the founder, Daniel Arbiton, “90% of startups fail because they lack customers, users or actual sales....

We’ve spent some good time with the device and we thought it’s the best time to look at some of the quick features of the realme 9i. In a few days, we will share some of the detailed features of the new budget smartphone contender. Will it beat its predecessors? realme 9i Unboxing What’s in the box? a phone, a charger, one USB data Cable, a copy safety guide and a quick guide, a Clear protective case, and the sim ejector tool....

Redmi 9 has been updated to Android 11, but MIUI 12.5 has not yet received Arriving on the market, the smartphone was powered by the MIUI 11 superstructure built on Android 10. The device received an update to MIUI 12 last year, and although the update to MIUI 12.5 is not waiting for it yet, it is finally getting Android 11. The Redmi 9 received Android 11 in China back in early June and is now reaching users in other parts of the world....

Ringier Africa now has the majority of stakes in Tanzania’s classified platform ZoomTanzania.com. The acquisition will give Ringer Africa access to five countries in Africa. ZoomTanzania was founded in 2009 and has been in the fore front in classified business in the country with more than 3 million page views. It has 10 employees and is the third most visited Tanzanian website, generating reach and awareness for the country’s top brands....

With the increased fuel prices in the country, the introduction of electric technology will help reduce fuel consumption and cost of operations among the motorists in the region. The technology will also see the gradual phasing out of fossil fuels hence promoting clean energy. “I am glad that our motorists in this region will now have an opportunity to use clean energy with this technology. I applaud Roam Electric for such a wonderful initiative that will help reduce fuel costs for our motorists and boda boda riders especially during these tough times....

Ruto announced that the future holiday, which will be called “Innovation Jamhuri Day,” will be attended by tech experts from all around the world in keeping with the theme. The Head of State stated that this will provide Kenyans with a forum to discuss with technology experts from Facebook and Google for partnerships while addressing the official start of the 2022 Kenya Innovation Week at the Sarit Expo Centre in Nairobi....

After acquiring TryCatch, an Amsterdam-based recruiting tech startup, the company grew to become South Africa’s leading tech talent marketplace, and expanded to the Netherlands in April 2020. After securing EUR4.5 million (US$5.1 million) in Series A expansion funding from Base Capital, a South African investment firm, it now wants to expand further in Europe. This is OfferZen’s first round of external funding; the startup has been bootstrapped since its launch in 2015....

As the official Communications Partner, Safaricom will cater for telecommunications costs incurred by KRU and the National Circuit hosts in organisation of tournaments, as well as provide free Wi-Fi connectivity and a fully kitted media centre at each tournament. The events falling under this sponsorship deal include: the six tournaments that make up the National Circuit – which kicks off in August – Safari Sevens in September, and the15s tourneys for both men and women....

The telcos’s Chief Executive Officer (CEO) Bob Collymore said that the company grew its total revenue by 13% to Kshs 163.4bn through focusing on providing quality services that resulted in double digit growth across non-voice service revenue streams. Voice service revenue which now stands at 54% of total revenue grew at 4% while non-voice service revenue which accounts for 42% of total revenue, sustained its growth trajectory with a 27% increase to Kshs 68....

Samsung might depend on this picture sensor to go even further in the quality supplied by photophones. According to the well-known leaker, Ice Universe, the manufacturer may deploy the sensors in question for the Galaxy S23. The manufacturer would start with 200MP ISOCELL sensors, and 600MP will follow it in a few years. The number of megapixels does not tell the whole story of a smartphone’s camera capabilities. The iPhone 13 has a maximum resolution of 12 megapixels and produces much more attractive images than certain mid-range smartphones with resolutions of many tens of megapixels....

According to the firm, from January to October 2022, the number of foldable smartphones Samsung contracted to enterprise customers increased by 105% compared to the same period in 2021. With foldable smartphone shipments expected to reach 16 million units worldwide, an increase of 73% year on year, the form factor is rapidly becoming mainstream, and shipments are expected to grow to 26 million units in 2023. The ease of multitasking on a large screen, and the powerful app optimizations for foldable devices, are helping drive adoption among enterprise users....

According to Canalys, Samsung has lost more than half of its market share in western Europe and thus Tablet Consumers. The research firm predicted a 53 percent drop in the region’s manufacturers, whereas Apple’s Tablet(iPad) sales have risen by 33% between July and September 2021. These are, without a doubt, terrifying figures for Samsung. Other industry analysts predict that the electronics behemoth would surrender its smartphone crown to Apple this quarter....

Samsung Electronics East Africa has today launched the Samsung Galaxy J4 Core smartphone. The Galaxy J4 Core raises the bar of most entry-level smartphones, with optimized storage capacity, processor performance, data management, and security. Speaking while unveiling the phone, Charles Kimari, Head of Mobile division at Samsung Electronics East Africa said, “The Galaxy J4 Core offers consumers a complete smartphone experience, the phone packs 16GB of internal storage that can be expanded up to 512GB via microSD card, it is powered by a 1....

The two entities have built an end-to-end value chain network of operations and efficient logistics that collect, treat, and convert two streams of waste: sanitation waste generated in low-income informal settlements with inadequate sanitation services as well as kitchen and agricultural waste from restaurants, market places, and agricultural pack houses; building a new model for city’s resilience through circular organic waste management. This circular economy solution addresses multiple challenges: environmental pollution by sanitation waste that is improperly disposed of, low agricultural yields due to declining soil fertility and increasing GHG emissions from open dumping of waste....