Category archives for: Software

Digital transformation of Service Economy Could Drive Growth Across Middle East and Africa

Algiers, Algeria, April 25, 2018/ — Investment into digital transformation in the major cities of the Middle East and North Africa region can unlock huge potential for the service economy to drive growth and job creation across the region, according to the World Bank.

Iran Central Bank Bans Cryptocurrency

April 23, 2018//-Iran’s central bank has banned the country’s banks from dealing in cryptocurrencies, including Bitcoin, over money-laundering concerns, the state news agency IRNA reported on Sunday as the country tries to halt a currency crisis.

Accra: Uber Moves into Bigger Greenlight Hub to Cater for More Driver-partners

Accra, April 21, 2018// –  In a move that further demonstrates its commitment to West Africa and Africa as a whole, Uber announced that its Greenlight Hub in Accra has moved to a bigger location.

Kenya: Treasury Hits Gamblers with 20% Winning Tax

Kenya, April 20, 2018//-The Treasury yesterday gave the clearest signal yet that it will vigorously pursue gamblers for a share of the lottery and betting windfalls with a planned re-introduction of a 20 per cent tax on winnings.

Jumia Sinks into $139.3M Loss

April 18, 2018//-E-commerce company Jumia has sunk deeper in the red, posting a Ksh14.9 billion ($148.2million) loss before tax and other costs in the year ended December compared to Ksh11.3 billion ($112.4 million) a year earlier.

She Leads Africa: Major Boost for Women Headed Tech Businesses

Lagos, Nigeria, April 16, 2018/ — Applications are now open for the She Leads Africa Accelerator 2018, a 3-month program designed to identify, support and fund the next generation of Nigeria’s brightest entrepreneurs.

Nigeria: Fitech Startup Zoto Records Significant Growth in User Base

Lagos, Nigeria – 13 April 2018//- Zoto, a product of Hedonmark Management Services Limited and Nigeria’s fastest growing payment solution, today announced that its transacting user base and order volume grew by 56% and 200% respectively in the last financial year.

Jane Zhang, Synth to Bring Skyledger to London

London ,UK, April 11, 2018//- Jane Zhang – CEO of Shellpay in China, an early investor in Alibaba, and one of the most influential women in the blockchain and crypto world, will host the Skyledger London 2018 conference on Friday 20  April at Level39, Canary Wharf, London. 

From Mobile Wallets to Blockchain: How Fintech is Growing Up

April 10, 2018//- The U.S. is in the third wave of fintech, according to Jeff Gido, global head of the Financial Technology sector in Goldman Sachs’ Investment Banking Division.

FundedByMe Expands to Poland

April 9, 2018//-FundedByMe, the fastest growing equity crowdfunding platform in Scandinavia, with a network of 110,000 investors, is expanding into Poland. 

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