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Global partners announce $61.8 million allocation to boost African Development Bank initiative for women entrepreneurs “This substantial support from the Women Entrepreneurs Finance Initiative, We-Fi, will help us scale up our actions and achieve greater results for women entrepreneurs across the continent” – Vanessa Moung The Governing Committee of the Women Entrepreneurs Finance Initiative (We-Fi)…
As the 19th edition of the Africa Utility week and PowerGEN event kicks off, GE unveiled a whitepaper today on Re-imagining the future of power in Sub-Saharan Africa Whitepaper highlights the future gamechangers in the energy landscape in Sub- Saharan Africa; Discusses the factors contributing to energy transformation and the enabling environment; Outlines the market’s response…
By Charles Dhewa Whether it is potato production in the highlands of Rwanda, cassava production in Northern Mozambique or sweet potato production in Gokwe South district of Zimbabwe, the marketing season presents the same headaches for farmers. While production is now much easier, profitably moving commodities from farms to markets remains a nightmare that cannot…
When it comes to creating cutting-edge strategies that endear brands to their audiences, Ringier Digital Marketing (RDM) continues to go all out to provide professional digital marketing services to brands in Africa and beyond In a bid to continuously provide world class services to clients, the company has assembled a team of creative strategists –…
Qualcomm CEO Steve Mollenkopf
Not even Eric Yuan’s closest friends, oldest advisers and earliest investors thought Zoom needed to exist. It was 2011, and the market was littered with video conferencing systems from Google, Skype, GoToMeeting and Cisco, where Yuan had been leading WebEx’s engineering team. “He came to a market that everybody said was done,” said Dan Scheinman, Cisco’s…
Zimbabwe National Road Administration (ZINARA) acting Chief Executive Officer Ms Mathlene Mujokoro and audit manager Mr Shadreck Matengabadza have resigned, while 19 employees have been arrested for fraud cases involving more than US$210 000, as the dragnet on corporate malfeasance closes in on corrupt officials. More arrests are expected as investigations continue. Some of the…
SOUTH AFRICA-Johannesburg based regtech Intergreatme is looking to raise a whopping R24-million through crowdfunding platformUprise.Africa in exchange for a 20% share in the startup. The startup — which was founded in 2016 by James Lawson, Dewald Thiart and Luke Warner (pictured above, from left to right) — has an identity management platform which provides users with control of their…
Allianz X, the digital investment unit of German financial services company Allianz Group has made its first investment in an African-based company — Ugandan ride-hailing startup SafeBoda. Allianz X said in a statement on Tuesday (7 May) that it co-invested in a Series-B round with Go-Ventures, the venture fund of Indonesian logistics startup Go-Jek. SafeBoda was founded in 2015…
Eight startups from across the continent will convene tomorrow (9 May) in Nairobi to compete in the regional finals of the 2019 American Society of Mechanical Engineers (ASME) Innovation Showcase (ISHOW). ASME ISHOW is a global competition for hardware-led social innovation. At the regional finals, three grand prize winners will be selected for a share of $30…
Harare-based payments startup Payitup has secured a $13-million Series-A investment from London’s Thawer Fund Management, CEO Aretha Gonyora has revealed. The funding was secured at a $20-million valuation. Payitup currently helps consumers make payments for MultiChoice’s DStv service. The startup plans to use the investment to further develop its system. The funding will also help it to form…
Minister of Environment, Tourism & Hospitality Industry Honorable, Senator Prisca Mupfumira Arriving in Kariba
Local energy company, Guarantee Risk Solar Energy has embarked on a partnership with a South Africa-based Bushveld Energy (eXcess Africa) for the establishment of three solar photovoltaic plants with an output of 250 megawatts. The projects are expected to gobble at least $400 million and will be administered in phases till completion of the scheme….
Telecoms group Econet Wireless has warned the public to be wary of fraudulent investment schemes being run on social media platforms. Some of these schemes use Econet’s electronic money transfer system, EcoCash, to dupe unsuspecting members of the public. One such investment scheme called “EcoCash Trades” has been circulating on WhatsApp offering as much as…
Safaricom has launched a smartphone campaign by introducing the most affordable 4G-enabled smartphones—Neon Ray and Neon Nova—in Kenya. The launching of the smartphones aims at delivering a digital experience for those who do not have smartphones. Sylvia Mulinge, Chief Customer Officer at Safaricom, said: “At Safaricom, we aim to transform lives by providing solutions to our customers. With…
Uber drivers around the world took the streets on Wednesday to protest their wages. From Sydney to London to New York to San Francisco, drivers say they’re working increasingly long hours for increasingly less pay and it’s becoming impossible to earn a living. Along with protests, drivers in several cities are shutting down their apps…
Google typically hops between each I/O year to focus on either hardware or software news, and this year brought on more devices than we got from 2018. Now that the keynote’s wrapped, we can confirm a few rumors from the past few months: the Pixel 3A is real, as is the leaked Nest Hub Max…
APO Group (www.APO-opa.com), the leading media relations consultancy and press release distribution service in Africa and the Middle East, has been named Principal Partner to the Africa Women Entrepreneurship and Innovation Forum (AWIEF) (www.AWIEForum.org) Conference to assist in amplifying the forum’s message and core objective of empowering women entrepreneurs across the African continent. The annual Africa…
The International Trade Centre (ITC) and UPS today announced a series of training seminars and workshops for women business owners in Mexico, Nigeria, Vietnam and the United Arab Emirates. The workshops contribute to ITC SheTrades’ commitment to connect 3 million women to the global marketplace by 2021 and to UPS’s commitment to women entrepreneurs’ ability to export….
The Regional Vulnerability Assessment and Analysis (RVAA) Programme’s regional pre-assessment workshop opened with a call to National Vulnerability Assessment Committees (NVACs) of Member States to harmonise and improve the quality of assessments and analysis; and integrate emerging issues such as nutrition, gender, HIV, markets and urban vulnerability to meet the needs of decision makers. The…
Global premier mobile phone brand TECNO Mobile (www.TECNO-Mobile.com) announced plans at Google IO 2019 which will see its SPARK 3 Pro running on Android™ P™ operating system upgrade to join Q Beta on May 7th. Stephen HA, Vice President of TRANSSION and GM of TECNO Mobile, said: “We are delighted to announce our further expansion…
Zimnat has come to the aid of Melfort Old People’s Home by providing free insurance cover for the home’s two vehicles for a whole year. The home, which recently had a combi and a sedan donated to it, approached the Zimnat Group for assistance with insuring these vehicles. Zimnat responded by insuring the two vehicles…
By Jacob Mafume (MDC Spokesperson) The corruption exposed on Monday 6 May 2019 by the Public Accounts Committee vindicates the MDC’s assertion that the country has been captured by a dangerous group of scoundrels who have converted the state into an arena of self-aggrandisement. The party has been sounding like a broken record. We have…
Here’s everything we know about Disney Plus, the entertainment giant’s Netflix-like push into global streaming. Disney is betting big on its 2019 streaming service called Disney Plus, and it put (almost) all its cards on the table last month. In a three-hour event, Disney revealed the release date, price, shows and movies planned for its Netflix competitor. Disney…
MTN Group Plc has filed an application for public listing with the Securities and Exchange Commission and the Nigerian Stock Exchange. The company applied for registration of shares and a listing on the NSE. SEC confirmed in a statement on Monday that the commission had received an application from the telecom giant. The statement read in…
The share price of Africa’s largest mobile operator, MTN, rose 2.78 percent on the JSE after it announced several changes to its board in a bid to strengthen its executive team. The share closed at R105.30 on Friday. MTN has appointed Former Deputy Minister of Finance Mcebisi Jonas as its chairperson-designate to replace Phuthuma Nhleko,…
To kick off its I/O developer conference, Google announced the winners of the fourth annual Google Play Awards. App developers vied for nine categories that provided the best experience for users, made an impact on communities and raised quality content in the app store, according to Google. Google revealed the award nominees in April. All the winners can be found here. Here’s a…
Google I/O 2019 Developer Conference
By Tatenda Mujeyi The Deputy Minister of Agriculture, Vangelis Haritatos, launched the inaugural Agricultural Sector Survey in partnership with Zimbabwe Agricultural Society (ZAS), Financial Gazette and AEDS as the consultant with funding from CBZ and National foods last month. The event was attended by the Minister and Ministry heads, ZAS executive board, business leaders, bankers,…
Less than a month ago, it was revealed that Apple Music had overtaken Spotify in terms of paid subscribers in the US – a milestone for the music streaming service – but Spotify’s latest earnings report shows that it’s still well and truly dominating the overall global market. “Premium Subscribers grew up to 100 million, up 32%…
The Italian Government has contributed €250,000 to respond to the needs of communities affected by Cyclone Idai in Zimbabwe. The contribution, provided to the World Food Programme (WFP), will support immediate food needs in the worst-affected areas of the country. An estimated 250,000 people in seven districts of Zimbabwe were directly affected by Cyclone Idai,…
By Obert Masaraure The ruling elites and their allies in the business world have launched a brutal onslaught on the working class under the anti-people austerity measures. The freezing of salaries at a time when prices of basic goods and services have shot up by up to 400% since January have condemned the working class…
By Charles Dhewa The introduction of exotic crops, fruits and livestock into Africa was initially guided and informed by the way indigenous crops, livestock and fruits performed in different micro climates. Unfortunately, instead of cultivating co-existence between exotic and indigenous foods, the colonial knowledge system has sought to completely replace indigenous crops, fruits and livestock…
By Lovemore Chazingwa (News Correspondent) Communities vulnerable to natural disasters need be geared for preparedness and response in order to mitigate the effects of such calamities, an expert in disaster management has said. Responding to questions on the sidelines of a recent workshop on water, sanitation and hygiene (WASH) organised by international non-governmental…
Liquid Telecom South Africa, part of the leading pan-African telecoms group Liquid Telecom, has concluded an agreement with SITA to deliver much needed broadband services to hospitals, schools, clinics and provincial offices. The high-speed broadband services will enable the Eastern Cape Provincial Government to deliver services to its citizens, using technology to enhance their overall…
It is not every day that you see an industry regulator defending the prices of products and services offered by industry players that it regulates. But this is exactly what the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) had to do recently. Faced with a barrage of criticism and an international report (that has…
South Africa’s Former Deputy Finance Minister Mcebisi Jonas
Deputy Minister of Information, Publicity & Broadcasting Services, Energy Mutodi
President of the MDC Allaince, Nelson Chamisa said on account of the disputed election in 2018, Zimbabwe has a crisis of confidence and deficit of trust born out of a political crisis of legitimacy. Speaking to thousands of workers at Dzivarasekwa Stadium yesterday, Chamisa said the crisis of governance manifests itself as an economic crisis….
. The framework agreement between the two organizations was signed in Madrid by Jaime Cabal, Deputy Secretary-General of the World Tourism Organization, and by Eduardo Navarro, Director of Communication, Corporate Affairs, Branding and Sustainability of Telefónica. • The alliance, whose first phase will be in effect until the end of 2020, revolves around four initial…
