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  • News

    Wednesday News Round Up: The New Pocketmoni, Eaton Tower Expanding in Africa, SweepSouth Closes Funding Round

    By

    Olumuyiwa Coker
    6th May, 2015
    Google Get TC updates in your Newsfeed
    Wednesday News Round Up: The New Pocketmoni, Eaton Tower Expanding in Africa, SweepSouth Closes Funding Round

    Share

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    NEWSROUND

    Pocketmoni Is About to Unveil A Rebranded Service
    Pocketmoni, the mobile payment arm of the Nigerian payment processing company, eTranzact is reworking its offering and they are unveiling it tomorrow.

    Eaton Tower Raises $350 Million Equity Funding For Expansion
    Eaton Tower, an independent telecom tower company in Egypt, has secured equity funds for expansion and acquisitions across Africa.

    SweepSouth Closes Fund Round to Scale Up Services in South Africa
    Johannesburg-based startup offering on-demand domestic cleaning service, SweepSouth has secured a round of funding to scale up its services in South Africa.

    Oppo Aims to Invest $13 million in Egyptian Smartphone Market
    Chinese OEM has earmarked the sum of $13 million dollars to boost the manufacturing of smartphones in Egypt and also create new jobs.

    Jokkolabs Opens CoWorking Space in Gambia
    A community of entrepreneurs in Ouagadougou Burkina Faso, Jokkolabs, have opened a new co-working space in the the West African country.

    More on TechCabal:

    Here Are 5 Cool Things You Couldn’t Do With WhatsApp Pre-2015
    The acquisition of the of the messaging app, Whatsapp, by Facebook in 2014 for a whooping $19 billion left mouths agape but the latest features on the multiplatform instant messaging app are definitely breaking boundaries.

    Review: The Gionee Elife E7 is Still In the Mix, 2 years on
    Gionee Elife E7 has been around since October 2013. Has the Elife E7 stood the test of time? We’ll find out in this review.

    Ghostmode didn’t work when we tried, we finally figured out why
    We made a point in our feature that the numbers weren’t working as advertised, but it turns out, there is the tiniest bit of hangup with Ghostmode’s integration that didn’t allow us use the number at the time.

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    Nigerian banks will now verify fraud-linked mobile numbers under new CBN–NCC agreement


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    Nigerian banks will now verify fraud-linked mobile numbers under new CBN–NCC agreement

    Frank Eleanya
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  • Afrisends says it is building what West Africa’s supply chains still lack
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  • Nigerian banks will now verify fraud-linked mobile numbers under new CBN–NCC agreement
    Aminu Maida, the EVC of Nigerian Communications Commission (Middle) and Cardoso Olayemi, the Governor the Central Bank (Right) of Nigeria during the signing of the MoU. Image source: NCC
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    Nigerian banks will now verify fraud-linked mobile numbers under new CBN–NCC agreement

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  • AXIAN’s Benjamin Toulouze says CVCs can move faster than VCs
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  • The money engines that built Fawry’s $1 billion business
    Fawry's headquarters in Cairo. Image source: REUTERS/Ehab Farouk
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    The money engines that built Fawry’s $1 billion business

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  • Terra Industries says it is building Africa’s largest drone factory in Ghana
    Image Source: Terra Industries
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    Terra Industries says it is building Africa’s largest drone factory in Ghana

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