Issue no 831 - 10th June 2016

Top Story

Nigerian payment gateway Amplify start-up targets the recurring payments market worth US$1.3 billion

MEST cohort start-up SlushPay has changed its name to Amplify and gone public with its intention to capture a slice of the US$1.3 billion recurring payments market. Russell Southwood spoke to co-founder Segun Adeyemi about its ambitions. Q: Where did the idea for SlushPay/Amplify come from? A: My co-founder and I have years of experience in multiple parts of Nigeria’s financial ecosystem. My co-founder Maxwell was a key senior developer in one of Nigeria’s pioneer payments processing companies, and I worked in investment banking as well as in multiple technology companies. Throughout our professional experience, we realized that accepting recurring…

Telecoms

Gabonese govt hires Bird & Bird to overhaul telecoms policy

The government of Gabon has enlisted London-based international law firm Bird & Bird to redesign the regulatory framework governing its telecoms sector. According to a report by news site AfricTelegraph.com,…


Telecoms

Employees to benefit from Telkom deal

In what it calls a "groundbreaking agreement" with labour unions, Telkom will set aside R750m for the 2017 financial year so as to give its employees incentives, and will also…


Telecoms

Economic crisis prompts MTN South Sudan to cut jobs, scrap scratchcards

MTN South Sudan, the local mobile unit of South Africa’s MTN Group, has decided to limit the distribution of scratchcards in favour of electronic airtime top-ups, in a bid to…


Telecoms

Telecom Namibia becomes tech partner for COSAFA Cup

The Confederation of Southern Africa Football Associations (COSAFA) announced that Telecom Namibia, using the TN Mobile brand, has signed a partnership agreement for the 2016 COSAFA Castle Cup to be…


Telecoms

Vodacom loses Wi-Fi calling complaint

Vodacom and Cell C have been at each other’s throats again in front of the Advertising Standards Authority, this time over a claim by Cell C that it was the…


Internet

Fibre Optic: Surburban Debuts Legend Internet, Voice Calls

Suburban Communications through its subsidiary, Legend, an exclusive multi-media service based in the Federal Capital Territory, Abuja, has announced the introduction of a premium entertainment service to residential homes, with…


Internet

Imarasat Chooses Avanti to Bridge Gap in Broadband Connectivity for Small Businesses in Sub-Saharan Africa

Avanti Communications Group plc, a provider of satellite data communications services in Europe, the Middle East and Africa, announces a significant two year contract extension with Imarasat. The contract will…


Internet

Mokolo platform for African cinema and TV goes on stream

The Mokolo website dedicated to African cinema has been launched in Dakar. It aims to strengthen the film industry and media in Africa by improving accessibility and visibility of professionals…


Internet

South Africa: Vodacom makes online job-seeking "free"

Vodacom has partnered with reputable job searching websites to launch the platform 'NXT LVL' (pronounced Next Level) to ease the cost of online job searching in South Africa. These career…


Computing

Nigeria: Addax Selects Rack Centre for Carrier Neutral Data Centre Colocation and Redundancy

Addax Petroleum, an oil and gas exploration and production company with a focus on Africa, the Middle East and the North Sea, has successfully completed the migration of its business…


Money Transfer

Ghana: Govt suspends payment of salaries via e-zwich after protests

Government has suspended the implementation of a payment schedule for public sector workers via the e-zwich payment platform. The Ministry of Finance had served notice to use the platform as…


Money Transfer

Nigeria: Bank Customers Transferred N10 Trillion in 4 Years - CBN

The Central Bank of Nigeria, CBN has said that bank customers made instant money transfers of N10 trillion in four years. Assistant Director, Banking and Payment System Department CBN, Agboola…


Money Transfer

Mahindra Comviva and Airtel Tanzania awarded GTB Innovation Award for “Tap Tap” NFC Merchant Payments

Dar es Salaam, Tanzania – June 06, 2016: Mahindra Comviva, a leader in providing mobility solutions, and Airtel Tanzania announced that they have jointly won the Global Telecom Business (GTB)…


Money Transfer

Tanzania: Govt Imposes New Excise Duty On M-Pesa

Dar es Salaam — Mobile operators will now pay excise duty on all M-Pesa commissions, the government has announced. Unveiling his 2016/2017 national budget, Finance and Planning minister, Dr Philip…


Money Transfer

Nigeria: Loans to lure needy youth

Boko Haram has lured young entrepreneurs and business owners in north-east Nigeria to join the Islamist militant group by providing or promising capital and loans to boost their businesses, aid…


Money Transfer

Mobile money transactions in Ghana reach GH¢547m in December 2015

By December 2015, mobile money transactions in Ghana have increased to GH¢547.9 million from GH¢223.3 million in 2014, the First Deputy Governor of the Bank of Ghana, Millison Narh has…


Money Transfer

Zimbabwe: Brainworks Takes Over Nettcash

Investment holding company Brainworks Capital has acquired the entire shareholding of mobile wallet company Nettcash and will soon re-brand to fit it into the group's identity. Nettcash was previously owned…


Mergers, Acquisitions and Financial Results

M4JAM’s mystery buyer goes public

The past few months have been more than a little turbulent for M4JAM, the high-profile micro-jobbing start-up. In March, users were told to cash out as founder Andre Hugo scrambled…


Mergers, Acquisitions and Financial Results

Telkom Business, BCX to merge operations

Telkom will merge its enterprise-focused Telkom Business unit into IT group Business Connexion, which it acquired last year for R2,7bn. The merger will create one go-to-market brand and avoid the…


Mergers, Acquisitions and Financial Results

Govt to float Tunisie Telecom shares

The Tunisian government is planning to list a portion of its 65% stake in incumbent telco Tunisie Telecom (TT) on the local bourse, Agence Ecofin reports. Minister of Information Technologies…


Mergers, Acquisitions and Financial Results

Orange gets state 4G and the renewal of its concession on Sonatel for 100 billion CFA francs

Orange Senegal is hoping to kick off its 4G service in the near future having reportedly secured a 20-year licence from the government for a consideration of XOF100 billion (USD173…


Digital Content

African Developers Showcased At Facebook Conference

During its annual developer conference, global giant Facebook featured numerous African inventers. They were among those who created new products and features for the online social media platform. The F8…


Digital Content

Challenging Africa's albino stereotypes

In Tanzania last year, a 6-year-old boy had this arm chopped off by witch doctors who believe potions and charms made from the body parts of albinos are guaranteed to…


Digital Content

The man behind #ThisFlag, Zimbabwe's accidental movement for change

What started as personal rant has quickly become a rare way for citizens to vent anger against Mugabe’s government, the Daily Maverick reports Pastor Evan Mawarire was sitting at his…


Digital Content

Spotlight On Forbes Africa’s 30 Under 30: How A 15-Year-Old Founded A Top SA YouTube Channel

Five South Africans made it onto Forbes’ Africa 30 under 30 2016 list of promising young entrepreneurs, and the youngest is Nadav Ossendryver, 19, CEO and founder of Latest Sightings.…


Digital Content

Drone images show the “architecture of apartheid” in Cape Town is still firmly in place

In any city, space is a commodity. In South African cities space is historical and emotional. A new photo series by an American living in Cape Town captures the dramatic…


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Opportunities

Facebook Sponsored CyberXchange Hackathon Competition is Here! Register Now to Win Amazing Prizes LAGOS, Nigeria, June 8, 2016/ -- Clear your calendar - It's going down! First ever CyberXchange Hackathon …


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Events

FTTH Council Africa: Future of SmartEast Africa Workshop | Nairobi, Kenya28 - 30 June 2016Kenya's telecommunications market has undergone considerable changes in recent years with increased competition and improved connectivity.…


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People

Uganda: Why MTN Uganda Boss Gouldie Is Leaving On May 26, Brian Gouldie, the Chief Executive Officer of MTN Uganda appeared sharp in a navy blue suit, light blue shirt…