Absa accelerates digital business with cloud-based services deployment

With Absa looking forward to intensifying its digital business, the big-four bank is reportedly speeding up its cloud adoption services presumed on the fifth industrial revolution technologies. Jolande van der Hoek, Talent Acquisition Lead and Information and Technology Officer at Absa Group, draft

African NGO launches app to report cases of violence against women

The Alliances for Africa (AfA) Mission, an Ngo, has reportedly launched ‘Kpoturum App’ for documenting and reporting cases of violence against girls and women in Nigeria’s South-east region. Reports suggest that the app was introduced in a one-day media engagement to publicize it.

ABL procures $6M capital to initiate digital currency adoption in Africa

African Blockchain Lab (ABL) has recently announced raising new capital in its Series Pre-A funding round. Reportedly, ABL has procured a $6 million funding to initiate the launch of its crypto wallet, VIBRA, to propel the acceptance of digital assets in the country. According to reports, the fundi

YouTube to reward short video creators with its new Shorts Fund scheme

YouTube has recently announced rewards for artists and creators of unique and creative short videos through its YouTube Shorts Fund particularly in the region of United Arab Emirates, Saudi Arabia, Algeria, Egypt, Iraq, Jordan, Bahrain, Morocco and Bahrain. The $100M global fund has already been ini

U.S. fast food brand Burger King opens first outlet in Nigeria

The fast food chain is expected to open 100 new outlets and provide multiple job opportunities to the Nigerian population As many American brands and franchises are expanding into Nigeria in line with the U.S. Mission Nigeria initiative, Burger King — a renowned U.S. fast food brand — h

OnePipe doubles down on embedded finance with $3.5M seed funding

Nigeria-based fintech API firm, OnePipe, has reportedly raised a seed round of more than $3.5 million to strengthen its commitment towards its embedded finance offering. The round was co-led by V&R Associates, Tribe Capital, and VC Atlantica Ventures, which was also a co-lead investor in the co

ICRC introduces a digital safe for families affected by migration

The International Committee of the Red Cross (ICRC) has reportedly launched a digital humanitarian app for the people afflicted by armed conflicts, migration and other violence inflicted situations. The platform apparently stores copies of important documents like the passport, medical records and o

Engie acquires 40% stake in 100-MW CSP plant in South Africa

French utility Engie SA has announced acquisition of 40% stake in the 100-MW Xina Solar One concentrated solar power (CSP) plant in SA from the Spanish engineering group Abengoa. Apparently, Abengoa has also made a sale of 46% interest in Xina Operations and Maintenance Company Ltd, which is report

Heineken publicizes acquisition of Distell and Namibia Breweries

Heineken has recently entered into an agreement to acquire Distell and Namibia Breweries (NBL) after merging with its South African equivalent Heineken South Africa (HSA). The consolidation has been initiated with a motive to create a majority owned business worth €4 billion. Dolf van den Brin