‘BUSINESS’ News

Fortune’s 40 under 40: The future of women in tech looks bright

The diverse and robust pool of female founders and tech execs at Fortune’s 40 under 40 party proves positive for Silicon Valley’s future. Editing Fortune’s 40 Under 40 list is, every year, an education in ambition, disruption and extraordinary achievement. The process takes months of...

Sophia Bekele’s “P.U.S.H to Change Africa” KeyNote Won the YALS in New York

“Standing on the “Shoulders of Giants: Our History, Our Legacy, Our Destiny.”, Persist Until Something Happens – to change Africa. Oct. 14, 2014 – Founder of DotConnectAfrica Trust and Yes2DotAfrica Campaign was invited to present a Key Note speech at th 2014 CUNY Young African...

Cyber Crime a big cost for small businesses

NEW YORK (AP) — It’s not just big businesses like JPMorgan Chase, Target and Home Depot that get hacked. Small companies suffer from intrusions into their computer systems, too. The costs associated with computer and website attacks can run well into the thousands and even...

Our biggest search competitor is Amazon says Google Boss Eric Schmidt

Privacy BERLIN: Google boss Eric Schmidt said on Monday his company’s biggest competition as a search engine came from e-commerce giant Amazon, not from its traditional rivals. In remarks prepared for delivery in Berlin, Schmidt hit back at accusations that Google as the world’s biggest search...

Apple and Google brands worth $100bn each

PARIS: The US Apple and Google brands which have become household names around the globe are worth more than $100 billion each, and top a ranking of the world’s biggest brands, consultancy Interbrand said. In number one place, computer brand Apple has risen 21 percent...

Forbes lists 10 Emerging Women Entrepreneurs To Watch In Africa

In June this year, She Leads Africa, a Nigerian-based social enterprise that aims to foster business growth in Africa by providing female startup entrepreneurs with the knowledge, networks, and financing to build and scale strong businesses, launched a business pitch competition. The purpose of the...

Kenya: Safaricom, Seven Seas Technologies in joint bid for county ICT tenders

Safaricom has partnered with Kenyan based ICT multinational Seven Seas Technology in an initiative aimed at harnessing the use of technology to offer integrated communications solutions to Safaricom enterprise and mobile consumer segments. In Summary Under the partnership signed Tuesday, the two firms will market...

Alibaba IPO Pours Shares Into Shrinking Pool of Stock

Alibaba Group’s (BABA) initial public offering was a success by any measure. At $25 billion, it was the largest in history. Investors were so eager to add the Chinese e-commerce giant to their portfolios that the shares soared 38 percent on their debut, the biggest first-day jump...

Disrupting mobile banking in Kenya; Equity Bank joins the list

EQUITY Bank, whose micro-loans offerings have helped increase the number of Kenyans using formal financial services, is looking to break into Kenya’s booming mobile telecoms market. The bank says it will use the Mobile Virtual Network Operator licence it was granted in April to make...

African Mobile Money platform Mpesa adopted in Europe

Vodafone brings Africa’s M-Pesa mobile money to Europe * Launch targets 7 mln in Romania who mainly use cash * M-Pesa has 16.8 mln active customers in emerging markets * Mobile payments expected to grow rapidly in coming years By Kate Holton LONDON, March 31...