Business and Economy Startups 

Nigeria’s Yesharvest launches agri-commerce platform

Nigerian startup Yesharvest has launched a zero-inventory e-commerce platform for fresh farm produce that allows users to purchase from farmers. Founder Nwosu Friday started testing the Yesharvest concept in August of last year, and has since tested several business models before last month adopting a standardised per-kilogramme pricing model. The platform aggregates demand directly from consumers and supplies directly from farmers each week. “This enables us to eliminate the series of middlemen that characterise typical distribution channels for farm produce in Nigeria,” Friday said. “By collapsing the distribution channels, we are able…

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Business and Economy 

PayU launches new service to advance Nigeria’s cashless economy

Online payment solution platform, PayU has announced the launch of a new service called PayU Receive. According to the company, the new product will allow businesses in Nigeria to securely request and receive payments directly from their customers without any hassles. PayU Receive is a payment solution that facilitates business-to-business and business-to-consumer payments via email or SMS. It allows businesses to make use of PayU’s payment services by allowing them to send payment requests via email or SMS to their customers. Customers then have the flexibility of paying via their…

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Business and Economy Entrepreneurs 

Bsystems introduces online Collateral Registry Solution in Zambia

Owners of Small and Medium Enterprise organizations and individuals in Zambia will now heave a sigh of relief following the establishment and introduction of the new Collateral Registry Software System in that country. Bsystems Limited, one of Ghana’s finest enterprise software development companies, has now launched its flagship software, the collateral Registry Software, in Zambia. This brings to six the number of Sub-Saharan African countries that the company has deployed its software solution in, with the support of the World Bank Group- after Ghana, Liberia, Malawi, Nigeria and Sierra Leone….

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Business and Economy Corporate News 

Safaricom expands 4G coverage across Kenya

Kenya’s mobile network operator, Safaricom has announced that 4G network will now be available across all 47 counties. According to the company, there are now one million customers enjoying 4G in Kenya. Safaricom said the milestone was achieved on the back of an expanding 4G network, increased the affordability of 4G smartphones and more affordable data bundles. “The country has consistently stood out as a global innovation powerhouse and a leader in global mobile technology adoption. This milestone further cements Kenya’s position and establishes a strong foundation for future innovation,” said Joseph…

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Business and Economy Corporate News 

MTN Ghana to screen MoMo Agents using Agent Registry

MTN Ghana’s General Manager for Mobile Financial Services, Eli Hini has said that MTN Ghana is collaborating with the Bank of Ghana to set up a special registry for the operations of mobile money agents in the country. This development was revealed to Biztechafrica during an exclusive interview after the maiden edition of Mobile Money Agents Awards Night held at the luxurious Swiss Alisa Hotel in Accra. According to him, the new Agent Registry is charged to monitor and manage the operations of mobile financial services agents to ensure that…

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Business and Economy Corporate News 

Huawei, Xpress Money partner to grow African mobile money footprint

ICT solutions provider, Huawei, has announced a partnership with Xpress Money, a money transfer brands, to drive mobile money services to more of the worlds unbanked, with a focus placed on the African market. The partnership will give the remittance firm access to Huawei’s mobile money service platform, which has over 100 million mobile money accounts globally. Huawei’s mobile money services platform delivers basic banking transactions in developing countries. The technology is not restricted, and because it works on both smartphones and basic handsets, it has been particularly successful in…

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Business and Economy Corporate News 

365 days to build Africa’s first hyperscale data centre

The end of 2017 marks the completion of Africa’s first hyperscale data centre, JB2-Bredell. Owned and operated by Africa’s largest and only vendor neutral data centre, Teraco, the Bredell Hyperscale Data Centre Facility located in Bredell features over 24 MW of power and 6000m² of technical deployment space and is the largest commercial data centre in operation in Africa. The record-breaking build brings with it much anticipation as the continent sees several technology giants choosing to colocate to Africa. Gys Geyser, Head of Infrastructure Development, Teraco says that the build…

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Business and Economy News 

Pay workers’ salaries before Christmas, Buhari tells governors

President Muhammadu Buhari has directed state governments to ensure payment of outstanding workers’ salaries in their various states, to enable workers to live in comfort and happily celebrate the forthcoming Christmas. Gov. Rochas Okorocha of Imo State confirmed this development to State House correspondents after a closed-door meeting with the President in the Presidential Villa, Abuja, on Monday. He said President Buhari specifically directed the governors to ensure that they kept workers and pensioners happy by paying their outstanding salaries and allowances from the balance of the outstanding Paris Club…

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Business and Economy Corporate News 

Federal Court refers Apple and ACCC to mediation over warranty claims

The ACCC had initiated legal action against Apple in April for allegedly refusing to provide a free remedy if a faulty device has been taken to a non-approved repairer. The consumer watchdog commenced its investigation following reports relating to “error 53”, which disabled some consumers’ iPads or iPhones after downloading an iOS update. Many consumers who experienced the error had previously taken their devices to third-party repairers, usually to replace a cracked screen, the ACCC said. The investigation led the ACCC to believe that Apple routinely refused to look at…

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Business and Economy Entrepreneurs 

Home renovation plan ‘supported 30,000 Jobs’

  A home renovation scheme described as a “boon for the construction industry” should serve as inspiration for the Government to introduce a bigger stimulus to generate house building, an industry leader has said. Construction Industry Federation (CIF) southern regional director Conor O’Connell said the Home Renovation Incentive scheme had achieved what it set out to do since 2013, and its success could be replicated in a national house-building incentive project. The Home Renovation Incentive scheme was introduced in 2013 as a measure to assist homeowners and contractors after the…

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