Africa’s largest online mall, MallforAfrica (MFA), announced its expansion into Kenya with its new website, MallforKenya (MFK)
Commerce
Mozido acquires majority stake in Zimbabwe’s NettCash
US-based mobile payments firm Mozido has acquired a majority stake in Zimbabwean mobile wallet company NettCash
IBM and RTI in Kenya big data schools project
Non-profit research institute RTI International and IBM’s Africa research lab have launched a new project
Faster M-PESA payment settlement for merchants in Kenya
Merchants in Kenya who accept payments through M-PESA will now be able to settle their deposits within seconds, due to a new service launched by Safaricom and Standard Chartered
Hughes Network Systems wins AfDB contract
African Development Bank (AfDB) has awarded a contract to Hughes Network Systems (Hughes) to expand the managed Multi-Protocol Label Switching (MPLS) services it provides to AfDB