Truecaller expands into Africa

Truecaller will be making Africa a key priority region and increasing its presence on the continent. The company will be setting up headquarters in the region and hiring key personnel for its operations. At the beginning of November, Truecaller executives will visit...

Fixed income trading app for African bonds

Thomson Reuters has launched Fixed Income Callouts, a flexible and transparent App on the Eikon platform that facilitates the negotiations and agreements of fixed income bond trading terms within banks in country and across African markets, improving price discovery,...

Paratus to up African investment

Paratus, believed to be the fastest growing and also the largest privately-owned pan-African telecoms operator, has committed to expanding its investment in the continent. The company is fast expanding, it delivers products and services to 22 African countries and...

iWayAfrica Kenya buys new customer base

African ISP, iWayAfrica Kenya, has secured regulatory approval to acquire the terrestrial and VSAT customer base of Callkey Networks, a Nairobi-based corporate communications service provider and subsidiary of ImaraSat. In a strategic move to grow its local presence,...

Ecobank partners with Visa

Ecobank has partnered with Visa to launch Ecobank Scan+Pay with mVisa solutions to its consumers. The strategic tie-up signals interoperability on a cross border level — and potentially huge gains — as it affords consumers with the ability to use their...

Siemens signs power deal with Madagascar

Siemens has signed a Memorandum of Understanding (MoU) with the Republic of Madagascar to cooperate and identify measures to fast-track power generation in the country and work towards increasing capacity by an additional 300MW by 2019. The agreement was signed...