German Carmakers Fined For anti-trust Activity on Steel Purchases

BMW, Daimler, and Volkswagen, have agreed with Germany’s cartel office, the Bundeskartellamt, to pay penalties totaling around €100m ($111m) for anti-competitive practices. The case...

Twitter CEO Jack Dorsey Plans to Spend Up to 3-6 Months in Africa

Twitter Inc. Chief Executive Officer Jack Dorsey returned from a trip touring African startups ready to go back. He said in a Twitter post last week...

Ghana Becomes a Safe hub for Multinational Car Companies

With Toyota, Volkswagen and Nissan all planning to set up bases in the country, Ghana is becoming increasingly attractive to automotive investors. In his 2016...

Africa’s Mara Group Launches Phone Factories in Durban, Kigali

Calling them the first “Made in Africa” smartphones, the Mara Group has opened two factories this month, with a $100 million investment near Durban,...

EcoCash Calls for Patience Amid Public Outcry

CASSAVA Smartech shut down its Ecocash services on Saturday and subsequently on Sunday to allow for some major upgrade to be done. The fintech...

Zim’ Business Suffers as EcoCash Still Down

Retailers and other business entities may have lost potential revenue running into hundreds of millions of dollars after Zimbabwe’s biggest mobile money platform, EcoCash,...

U.S. Grants Huawei Technologies Co Ltd New 90-day License Extension

The Trump administration on Monday issued a new 90-day extension allowing U.S. companies to continue doing business with China’s Huawei Technologies Co Ltd as...

Nokia and AT&T launch IoT Innovation Studio in Germany

Nokia and AT&T are delivering a new Munich-based innovation studio to support the growing adoption of current and next-generation Internet of Things (IoT) solutions. From...

TikTok Tests Social Commerce

TikTok is beginning to dabble in social commerce. The short-form video app said it has started to allow some users to add links to e-commerce...

Google Set to Offer Banking Current Accounts

Google has become the latest big tech firm to move into banking by offering current accounts. The firm said it plans to partner with banks...

Fourteen Years After Launching, 1Password Takes a $200M Series A

1Password has been around for 14 years, and the founders grew the company the old-fashioned way without a dime of venture capital. But when it...

Yodel.io is a Digital Receptionist for SMBs Taking Calls

Yodel.io, an Austria-founded startup that developed a “digital receptionist” to help SMBs and other small teams handle in and outbound phone-calls, has picked up...

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