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...

Equatorial Guinea Plans to Build a 70KM Subsea Gas Pipeline Worth US$100M

Equatorial Guinea has revealed plans to build a 70km subsea gas pipeline that will link the Alen platform with the Punta Europa petrochemical hub....

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...

Twitter Makes its Political Ad ban Official

The ban on political ads announced by Twitter two weeks ago has come into effect, and the rules are surprisingly simple — perhaps too simple. No political...

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...

Facebook Quietly Built “Popular Photos”, an in-app Instagram

Facebook is copying Instagram while simultaneously invading its acquisition with branding and links back to the mothership. TechCrunch has spotted Facebook testing a feature called...

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...

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