Issue no 535 17th December 2010

Top Story

Slimtrader targets everyday transactions with SMS and mobile web-enabled transactions

The success of M-Pesa in Kenya is really only the beginning. Its recent tie-ups with a range of retail outlets show that the next phase is all about making transactions easier for consumers using the mobile platform. Nigerian-American Femi Akinde launched Seattle-based Slimtrader to do just that: he’s enabling travel from buying air tickets at the high-end to ferry tickets at the low-end. Russell Southwood talked to Slimtrader’s Akinde about how his platform works and saves money and time for both the seller and the buyer.Slimtrader is one of a growing number of operator-agnostic payment platforms. As Femi Akinde told…

Telecoms

Israel’s ECI Telecom launches in Ugandan Market

A new mobile telecommunication and internet service providing company, ECI Telecom has entered the Ugandan market.This has brought the number of telecommunications service providers to eight in Uganda. These include…


Telecoms

Egotel to Be Launched Next Month in Tanzania

A new mobile phone service provider, Egotel, expects to launch its services next month, some two years after obtaining operating licence. Egotel is a brand name of Epocha & Golden…


Telecoms

Data and mobile money help MTN Uganda combat falling revenues

Market diversification into new products especially data and mobile money as new key revenue bases has partly helped telecoms maintain business in a tough year.MTN Uganda Chief Executive Officer Themba…


Telecoms

Telkom Files Charges Against Multi-Links Officials

Troubled CDMA operator, Multi-Links Nigeria could be in further mess as its South African communications service provider, Telkom, is laying charges against some of its senior executives for alleged misconduct…


Telecoms

Telecoms News - In Brief

- Telkom acting CEO Jeffrey Hedberg says the telecommunications group is implementing a five-year plan to refocus its energy on growing commercial returns.Hedberg says he has had some time to…


Internet

France Telecom-Orange announces the start of operations of IMEWE,the new broadband submarine cable linking the Middle East to India and Europe

The new IMEWE submarine cable (India Middle East Western Europe) was officially turned on or “lit” on10 December 2010. The cable serves eight countries: India, Pakistan, the United Arab Emirates,…


Internet

Galaxy Backbone Partners Main One Cable On Broadband Access

Galaxy Backbone is partnering with MainOne Cable Company for the direct procurement of bandwidth capacity for the next 15 years. Main One provides the backbone infrastructure which provides reliable access…


Internet

EASSy capacity to be doubled in 2011

Since going live in July 2010, capacity sales on EASSy, the 10,000km high speed fibre-optic cable connecting southern and eastern Africa, have outstripped initial forecasts. As a result, WIOCC, the…


Internet

Internet News - In Brief

- The International Domain Resolution Union has endorsed the dotafrica project for DotConnectAfrica. In its letter of endorsement 5 Dec 2010 Executive Director of IDRU, David Allen, stated, the Internationalized…


Computing

SAP and PlaNet Finance Hit Critical Milestones for Social Sustainability in Ghana Shea Value Chain Initiative

Stanford University Case Study Uncovers Significant Progress, Including Production of Higher Quality Nuts and Butter; Olam International Commits to Purchasing Nuts, SAP® Software Enables Socially Sustainable Value ChainsUsing education, microfinance…


Computing

Call for Africans to Invest in IT at African Union Customs workshop

Inter-Connectivity of computerized customs systems has been cited as major challenge to most African countries in a bid to provide efficient and effective clearance services, it was revealed on Monday."Much…


Computing

Electronic Waste Gives Investors Chance to Make Cash From Trash

The growing volume of e-waste in the region is creating new opportunities for local entrepreneurs and multinationals, who hope to tap into the $14 billion global market.As the government ups…


Computing

Computer News - In Brief

-Bluekey Software Solutions has launched a new management solution, which integrates the SAP management software with the iPad and iPhone.The Mobility Solutions suite is set to aid managers run their…


Telecoms, Rates, Offers and Coverage

Telecoms Rates, Offers and Coverage

- India’s Bharti Airtel has announced that it plans to expand the coverage of its new Madagascan subsidiary’s mobile network by around 25% in 2011 in a bid to draw…


Mergers, Acquisitions and Financial Results

Econet to Invest U.S.$300 Million in Network Expansion

Econet Wireless Zimbabwe says it will have invested an additional US$300 million on expanding and upgrading its network by February next year. This would take cumulative investment in mobile phone…


Mergers, Acquisitions and Financial Results

Business Connexion Acquires Selected UCS Businesses

Business Connexion Group Limited and UCS Group Limited have entered into an agreement that will see Business Connexion acquire targeted UCS services businesses, thereby consolidating the Group’s dominance as an…


Mergers, Acquisitions and Financial Results

Etisalat to Raise U.S.$12 Billion for Zain

Etisalat has indicated its intention to raise $12 billion of loans to fund its bid for a stake in Zain. The United Arab Emirates largest telecommunication company in an agency…


Mergers, Acquisitions and Financial Results

Mustek leaps higher on delisting news

PC assembly and technology distribution company Mustek has surprised markets with its decision, announced on Wednesday, to delist from the JSE after 13 years on the local bourse.However, CEO David…


Mergers, Acquisitions and Financial Results

On the Money – In Brief

- Econet Wireless Zimbabwe, the country’s largest mobile operator, has called on the government to help it recover USD38 million in call termination fees which it says it is owed…


Digital Content

New Technology to Fast-Track Gerji Road Construction

A new road construction technology from Israel, which involves changing the soil density by treating it with an enzyme, and which costs around 650,000 Br, is to be used for…


Digital Content

Tanzania to Adopt Electronic Inventory Tracking Technology

Inventory management through electronic inventory tracking systems could be the most effective and relatively less costly option and one of the key strategies to be adopted by both public and…


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People

Heiko Schlittke has been appointed as CEO of Zain (now Bharti-Airtel) Madagascar.


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Events

Launchpad  Africa22 December 2010, London, United KingdomLaunchpad Africa is aimed at professionals that have an interest in using innovation, entrepreneurship, and business to move Africa forward. We want to help…


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Jobs & Opportunities

Google Policy FellowshipNow accepting 2011 Google Policy Fellowship applications!We're excited to announce our fourth summer for the Google Policy Fellowship Program--to support students and organizations working on policy issues fundamental…


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Contracts

Brightstar and RIM -AfricaBrightstar Corp, a global services company providing solutions to manufacturers, operators, retailers, and enterprises in the telecommunications industry, on Tuesday (today) announced an expansion of its distribution…