Bolt ventures into food delivery business

Bolt Food

Bolt ventures into the food delivery business Bolt, a Taxi-hailing service is venturing into the food delivery business in Kenya targeting alternative revenue streams as the market has seen reduced mobility in the wake of Covid-19 restrictions. Bolt advertised the position of Country Manager for its food delivery arm in Kenya signaling the beginning of operations towards the end of the year. “We’re already present in 30+ markets across Europe and Africa. Now, it’s time for us to bring the know-how around building a mobility platform to the food delivery…

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CBK Proposes law for mobile loan apps

MTN Rwanda

CBK Proposes law for mobile loan apps Digital app lending companies operating in Kenya are set up for a shake-up after the country’s central bank proposed new laws to regulate monthly interest rates levied on loans by digital lenders in a bid to stamp out what it deems predatory practices. If approved, digital lenders will require approval from the central bank to increase lending rates or launch new products. The move comes in the wake of mounting concern about the scale of predatory lending given the proliferation of startups offering…

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Toshiba Exits Laptop Business

Toshiba

Toshiba Exits Laptop Business Toshiba, a Japanese tech giant once well-known for its satellite range of laptops meant for heavy use, has finally decided to quit the laptop business. Toshiba has quietly sold its remaining 19.9 percent stake in its Dynabook laptop brand to Sharp, officially exiting the laptop business. The company earlier sold an 80.1 percent stake to Sharp in 2018. “Toshiba Corporation hereby announces that it has transferred the 19.9 percent of the outstanding shares in Dynabook that it held to Sharp Corporation. As a result of this…

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Airtel Kenya ventures into the TV streams market

Airtel Kenya has launched a TV app service to tap into streaming services market

Airtel Kenya ventures into the TV streams market Airtel Kenya a Telecom firm has launched a TV app service in the market as it moves to tap the growing demand for movie streaming services and rev up data consumption on its network. The free service dubbed Airtel TV will allow users to watch movies, documentaries, music, and cartoons, seeking a piece in a market dominated by giants Netflix, Amazon, and Showmax– which provide videos on demand. The service will be free for now, a pointer that seeks to earn money…

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Instagram Reels is launching globally

Reels, Instagram’s answer to TikTok debuts in over 50 Countries

Instagram Reels is launching globally Instagram Reels is launching globally, starting today is Facebook’s new effort to challenge TikTok on short-form creative content. The feature is being made available across 50 countries, including the U.S., as TechCrunch had previously reported. The expansion means Reels will now be available in key international markets, such as India, Brazil, France, Germany, the U.K., Japan, Australia, Spain, Mexico, Argentina, and several others. The timing is fortuitous, given TikTok’s uncertain future in the U.S. as the Trump administration weighs either banning the Chinese-owned app entirely…

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Office 365 is now Microsoft 365

Microsoft

Office 365 is now Microsoft 365 On April 21, Office 365 became Microsoft 365.  Microsoft’s Office 365 personal and family subscription suite will be renamed Microsoft 365 in a move that heralds an effort by the company to win over more consumer users. Seeking to make a point with the rebranding, Microsoft calls it “a subscription service for your life,” which might conjure visions of Amazon Prime. Microsoft 365 will cost $6.99 per month, and a six-user, $9.99 family plan will also be offered. Its apps will be available on Windows,…

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Microsoft Office 365 subscription Scam

Microsoft Office 365 Transcribe in Word

Microsoft Office 365 subscription Scam Phishing campaigns work by impersonating some well-known organization or brand, and that certainly includes a company like Microsoft. With products like Windows, Office, Outlook, and OneDrive prevalent among consumers and businesses, Microsoft is a tempting target for cybercriminals to spoof. Two recent phishing attacks analyzed by security provider Abnormal Security use a subscription renewal as the pitch to trap unsuspecting users. Abnormal Security described in a Friday blog post, two separate phishing campaigns, both of which impersonate actual notices from Microsoft. The goal is to…

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Venture Vaya Africa, launches an electric taxi service

Vaya Africa, a ride-hail mobility venture founded by Zimbabwean mogul Strive Masiyiwa, has launched an electric taxi service and charging network in Zimbabwe with plans to expand across the continent.

Venture Vaya Africa, launches an electric taxi service Vaya Africa, a ride-hail mobility venture founded by Zimbabwean mogul Strive Masiyiwa, has launched an electric taxi service and charging network in Zimbabwe with plans to expand across the continent. Vaya Africa, a company registered in Mauritius, responsible for the transport of people and goods in Africa and the generation of adjacent revenues in this sector, launched a new product on the Zimbabwean market. It is the electric vehicle called “Vaya Electric”. The South African headquarters of Vaya Africa has acquired a…

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Facebook considering WhatsApp, Messenger Integration

The last year, Zuckerberg said he was planned to merge Facebook, Instagram and WhatsApp in a unique service. So, if you have a Facebook account, you might be able to reach your friends having WhatsApp. News report by WABetaInfo is that Facebook is considering integrating WhatsApp into Facebook Messenger. The report cited developer Alessandro Paluzzi, who found references within Facebook code regarding the integration of these Facebook-owned services. “In particular, Facebook is creating some tables in a local database in order to manage messages and services with other WhatsApp users,”…

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Opera’s Opay Pulls Plug on ORide, OCar, Shifts focus to eCommerce & payments

Opera’s Opay Pulls Plug on ORide, OCar, Shifts focus to eCommerce & payments

News earlier in the week broke that Opera-backed Nigerian fintech startup, OPay has reportedly shut down all its business operations in Nigeria following a letter issued by its foreign investors amidst the poor economic climate caused by the COVID-19 pandemic.. A report claims that all verticals of the startup, including ride hailing, ORide and OTrike — which were still active in other states aside Lagos; the recently launched B2B and B2C eCommerce platforms, OMall and OTrade; OExpress for logistics; and food delivery feature, OFood will be closed down. Opay launched…

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