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.
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...
