LG Electronics to Shut Down Mobile Phone Business
The South Korean electronics manufacturer, LG is closing its loss-making mobile phone business, the company said in a statement, notifying stakeholders about the development.
Appzone Secures $10 Million Series A Funding for Expansion
Appzone, a Pan-African fintech software provider, announced on Monday it has secured $10 million Series A funding round, led by CardinalStone Capital Advisers with participation from V8 Capital, Lateral Investment Partners, Constant Capital, and Itanna Capital Ventures for expansion.
Flutterwave Enables eNaira as Payment Option for Businesses
Fintech company, Flutterwave, has added Nigeria’s eNaira as a payment option for merchants, a move that could help boost adoption of the digital currency. Africa’s leading payments technology company said merchants can now accept Central bank of Nigeria digital currency eNaira payments from their customers on their platform.
FG suspends 5% excise duty on telecom services
The Federal Government has suspended the implementation of the 5 per cent excise duty charge earlier proposed on telecom services in the country.
Fintech raises $13m seed funding to promote financial inclusion across Africa
A Fast-growing Nigerian fintech startup, NowNow Digital Systems, said it had raised 13 million dollars in its seed round to improve financial inclusion across Africa.
Google announces $4m funding for 60 startups in Africa
Google on Tuesday announced the selection of 60 eligible startups across Africa with $4 million dollars funding to enable them scale up their ongoing work.
Andela Out With New Talent Hunt Platform
Andela, a global marketplace for technical talent, says it has launched a new platform, that creates a more direct, personalised and successful....
Nigeria to collaborate with Finland to grow ICT sector – Onyeama
The Minister of Foreign Affairs, Geoffrey Onyeama, says Nigeria will collaborate with the Finish Government to grow the Information, Communication and Technology (ICT) sector in the country.
NERC to spend N2bn on computers in 2023
NERC to spend N2bn on computers in 2023
Jumia, Zipline Partner on Drone Delivery in Africa Markets
Jumia (NYSE: JMIA), the leading e-commerce platform in Africa, and Zipline, the world’s largest instant delivery service, announced today a collaboration to deploy automated, on-demand delivery for e-commerce in Africa.
