The proliferation of fintech services across Africa remains in full swing as investors remain bullish about the opportunities that abound in the sector. Today we behold another unicorn: African payments company Flutterwave announced that it has closed $170 million, valuing the company over $1 billion. New York-based private investment firm Avenir Growth Capital and U.S. hedge fund and investment firm Tiger Global led the...
Day: <span>10 March 2021</span>
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Newzroom Afrika Move into State of the Art Studios with Robotics
Newzroom Afrika has marked its second year of operation with a bold move into the future as the channel takes up residence in its new studio, which has been fitted out with best-in-class broadcasting technology to set new standards in television news production. “Our new home is an extension of our vision to be Africa’s...
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JD Group Launched Everyshop to Compete with Takealot
The JD Group has finally launched their ecommerce business Everyshop that offers a wide range of products, from technology, fashion, computers, appliances, and furniture through Rochester, Sleepmasters, Bradlows, and Russells. Everyhop join family brands of Incredible Connection and HiFi Corp which are both owned by JD Group. According to Mybroadband, “JD Group has a national...
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We don’t Have Funds for 2021 Academic year says Education Minister
Higher Education Minister Blade Nzimande says that the National Student Financial Aid Scheme (NSFAS) does not have enough funds to pay for the 2021 academic year. “NSFAS is facing a shortfall on its funding for 2021, which means that it has been unable to confirm funding for new university students,” he stated. Nzimande said that...