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Uber finally confirms it's acquiring Careem, for USD$3.1 billion (approx. UGX11.490 trillion). After acquisition, it will make the deal, the region's largest ever tech transaction, outside of Israel, according to the Associated Press. It is worth knowing that Careem is the biggest ride-hailing app in the Middle East.
Kenyan-based mobile technology firm; Africa’s Talking (AT), has appointed Bilha Ndirangu as its new CEO replacing Samuel Gikandi. The move according to the company is to drive its vision and open new doors through strategic partnerships. While Samuel left the head to Bilha, he now...
MTN South Africa has today launched a new service dubbed MTN Chat that will allow its customers to buy airtime as well internet bundles through WhatsApp. According to reports by Forbes, Gareth Murphy, MTN South Africa's online channel GM, says the telco wants its...
MTN Uganda in 2018 launched MTN Open API App challenge calling upon developers — to develop applications in Transport, Finance, and Fast Moving Consumer Goods categories. Spear-headed by The Innovation Village selected 23 as finalists — who pitched to a panel of judges to...
Nigeria-based tech, logistics platform; Kobo360 — has announced it's expanding their operations to Accra, Ghana and Nairobi, Kenya. The announcement comes after the company launched in Lome, Togo early this month. The move for expansion comes as Kobo360 seeks to build a global logistic...
On Friday last week, The Tony Elumelu Foundation (TEF), announced 3,050 African entrepreneurs from 54 African countries, selected to join the 5th cycle of its TEF Entrepreneurship Program. According to TEF, over 216,000 applications were received — which records an increase from last year’s...
In 2016, it was estimated that telecom companies in Uganda on annual basis were losing about USD$60 million (roughly UGX222.3 billion) due to illegal redirection of international calls traffic. The amount in part led to revenue from voice services to remain flat or grow sluggishly in 2015,...
WomEng and the Royal Academy of Engineering (RAE) have invited female African innovators with early-stage engineering innovations or startups to apply for their 2019 cohort of Africa Innovation Fellowship (AIF). The main aim of the fellowship is to groom female entrepreneurs for future cohorts...
State Minister of Information Communication and Technology (ICT) to Uganda; Ms. Idah Nantaba on Sunday survived an attempted assassination — after unidentified gunmen traveling on a motorbike attempted to kill her. The incident happened around Naggalama, as it was reported that Ms. Idah was...
Smile Communications Uganda is offering customers up to ten times more data when they recharge on Monday. This has been revealed through an email that has been sent out to customers. According to the email, anyone who recharges with a monthly bundle, except unlimited...