Technology
Business News Technology

Moneymie has shut down its digital bank for immigrants to focus on B2B services

Moneymie suspended its digital bank service, which allowed African immigrants in North America to send and receive money from Nigeria, Ghana, and South Africa, on August 9, 2022. Although Moneymie is discontinuing its B2C services, the fintech company announced that it will focus on cross-border payments and payouts for business users through its B2B platform […]

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Business News Technology

Truecaller for Business adds new features to its offering

Truecaller, well-known for allowing users to verify contacts and block unwanted communications, has released new features for Truecaller for Business, among other security features. These features include Video Caller ID, Call Me Back, Call Ratings, and Surveys, allowing the platform to quickly onboard new clients. The new capabilities significantly strengthen Truecaller’s current enterprise offering. Truecaller […]

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Business News Technology

Pick n Pay, first sub-Saharan African retailer to migrate to AWS

Pick n Pay, a South African retailer, has moved its entire on-premises information technology (IT) infrastructure to Amazon Web Services (AWS). Pick n Pay collaborated with Lemongrass Consulting, an AWS Premier Consulting Partner, for the migration. The retailer stated in a press statement that it will use the AWS Marketplace and AWS’s wide range of […]

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Business News Technology

MTN launches 5G in Nigeria

MTN Nigeria Communications Plc launched an open Fifth-Generation (5G) pilot this week in preparation for its highly anticipated commercial launch. Nigeria has now joined South Africa and Kenya in the 5G race. MTN Nigeria is currently testing the next-generation network infrastructure to launch 5G services in Lagos, Abuja, Port Harcourt, Ibadan, Kano, Owerri, and Maiduguri. […]

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Business News Technology

Palmpay launches new security campaign

PalmPay, a Nigerian fintech startup, has launched a new payment security campaign to increase customer payment and cyber security awareness. PalmPay’s managing director, Chika Nwosu, confirmed the new development in a media release obtained by Ripples Nigeria on Monday. The fintech is a digital payment platform that aims to increase financial inclusion and improve customer […]

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Startups Technology

SquirrelPR, a media relations tool for PR managers launches in Lagos

SquirrelPR, a media relations tool that connects corporate communications officers and public relations firms to thousands of African journalists, has launched in Lagos. SquirrelPR provides a suite of services that facilitate the efficient delivery of media relations engagements, such as press distribution, an events coordination tool, regular messaging, and analytical tools for media content tracking […]

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Technology

Multiple taxes will harm telecoms sector’s growth

Mobile, a subsector of the telecommunications industry, is now the primary gateway to the Internet for consumers in many parts of the world, particularly in developing countries. Despite this, governments in many of these countries are increasingly imposing sector-specific taxes on consumers of mobile services, devices, and mobile operators, in addition to general taxes. This […]

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Startups Technology

Timbuktoo hub is looking to build innovative startup ecosystem for Africans

The Timbuktoo initiative, sponsored by the United Nations Development Programme’s (UNDP) Regional Bureau for Africa, was launched in Nigeria to mobilize and invest $1 billion in public and private funding over the next decade to help fuel Africa’s startup revolution. The Lagos event brought together representatives from various organizations, including governments, the private sector, development […]

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Technology

FG asks Google to remove Maxi Credit and other loan apps from its PlayStore

The Federal Government of Nigeria, through the Federal Competition and Consumer Protection Commission (FCCPC), has requested that Google remove four loan apps from the Play Store that are being used for unethical practices. Maxi Credit, Here4U, ChaCha, and SoftPay are among the apps that will be removed. According to the Commission’s findings, the listed apps […]

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Startups Technology Venture Capital

Omnibiz, a Nigerian B2B e-commerce platform raises $15million in its pre-series A fund

Omnibiz, a Nigerian B2B e-commerce company, announced the completion of a $15 million pre-Series A round comprised of $5 million in equity and $10 million in debt. Omnibiz plans to use the funds to increase its focus on gaining retail customers’ loyalty and driving their retention. In addition, the company intends to begin its regional […]

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