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  • Ecosystem, News

    Monday News Roundup: GTBank USSD Transfer Is a Great Idea

    By

    Gbenga Onalaja
    18th May, 2015
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    Monday News Roundup: GTBank USSD Transfer Is a Great Idea

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    Nigeria’s commercial bank, GTBank is making it easier for its customers to transfer money on its network, and AIG-backed e-commerce startups Jumia and Kaymu are doubling down on logistics with a proprietary logistics infrastructure. Check out these and other stories that made the rounds across the African tech space today:

    GTBank is serious about getting human traffic out of its banking halls

    Nigeria’s Guaranty Trust Bank (GTBank) has introduced a new service on its network that allows its customers make third party funds transfer via USSD codes on their mobile phones.

    Kaymu and Jumia is taking this delivery business seriously

    Africa Internet Group (AIG) owned e-commerce outfits, Jumia and Kaymu have launched a proprietary logistics infrastructure, AIG-Express across Africa.

    SA’s Innovation Hub will give four startups USD 250, 000 in its 2015 accelerator programme

    South Africa’s Innovation Hub has announced that four startups will get access to incubation services and up to  ZAR3 million (US$250,000) in funding in this year’s Gauteng Accelerator Programme (GAP).

    SAP Africa has plans for a Smart Academy in Nigeria

    SAP Africa, the African operation of German software company SAP, has announced its intention to launch a SAP Smart Academy in Nigeria later this year.

    Magnetic is going out into the world, powered by Titan Digital

    South Africa-based online business management platform, Magnetic is partnering with Titan Digital, an Australia based digital marketing company to enable the former expand its distribution across the globe.

    New Technologies, New Conveniences, New Problems and New Regulations

    The South African Civil Aviation Authority (Sacaa) has announced new regulations on the use of drones in the country.

    There are probably a thousand and one things you could do in Lekki, a local blogger is indexing a hundred and one of them

    101 Things to do in Lekki is a customized Google Map outline showing landmarks and pointers of places in Lekki to hangout, relax, work and have fun in Lekki, a high-end residential lot in Lagos.

    Think the data war is brutal in Nigeria? Consider Zimbabwe

    Zimbabwe-based telco, Africom is offering 6GB of data for $6, part of an aggressive push by Zimbabwean telcos.

    69 days to Lagos StatupWeek, the first one in Africa

    For the first time, Africa is hosting StartupWeek, the five-day celebration of entrepreneurs/startups community, where entrepreneurs engage and learn from local and visiting mentors and investors.

    Not everytime 140-character tweets, sometimes 9-seconds voice notes

    It’s like Twitter, but for voicenotes. Orbi allows you record, listen and share voice notes known as “orbs”. Each voice note is limited to 9 seconds.

    Fintech Fusion 2015: Everyone is invited. Everyone in fintech that is

    The accelerator programme that will hold in Switzerland is open to participants from anywhere in the world specializing in areas such as asset and wealth management, insurance and commodity trading.

    Don’t miss:

    RLabs CatchUp selected to pilot solution by BBC development studio

    Cape Town-based RLabs CatchUp has been selected from 12 teams to take part in a six-month pilot stage as part of the BBC development studio challenge, which took place in April.

    Kenyan startup Twiga Fruits wins global Challenge Cup

    Kenyan startup Twiga Fruits has been named winner of US-based accelerator 1776’s Challenge Cup global startups competition, winning US$150,000 in funding.

    Vodacom’s M-Pesa relaunch is a flop

    A second attempt by Vodacom to launch the M-Pesa mobile payments platform in South Africa has flopped.

    Image via: exaqueo

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