Online marketplaces such as Jumia, Souq, Uber, and Travelstart could create around 3 million new jobs by 2025 across Africa. This is according to findings of a new report released today by Boston Consulting Group (BCG). Titled ‘’How Online Marketplaces Can Power Employment in Africa’’ the report notes that these digital platforms, which match buyers and providers of goods and services, could also raise incomes and boost inclusive economic growth with minimal disruption to existing businesses and workforce norms. Speaking during the launch of the report, Patrick Dupoux, a senior…
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Uber introduces new electronic chip from NTSA.
Taxi-hailing firm Uber has introduced a new safety measure that requires vehicle owners to first acquire an electronic chip windscreen sticker from the National Transport and Safety Authority (NTSA). The sticker allows identification and authentication of car ownership before they are certified to offer its service. Uber in a notice to vehicle owners last week said starting March 1 all vehicles were required to have the NTSA’s Radio Frequency Identification sticker before receiving a go-ahead for further inspection at partner stations AutoXpress or Kingsway Tyres. In the latest safety drive,…
Benin Govt abandon social media tax decree after protests
After 10 days of mobilisation with more than 500 000 people being affected by the social media tax, the government in Benin have decided to cancel the tax. The government passed the decree in late August taxing its citizens for accessing the internet and social media apps reports Mail & Guardian. It taxed the use of Over The Top services like Facebook, WhatsApp and Twitter. Mylène Flicka, an Beninese activist, working on IRAWO, a digital media platform spoke to The Daily Vox about the decree and the cancellation of the…
Uber is launching its bike-share company Jump in Europe
In the two months since Uber bought bike-share startup Jump, the company’s bright red bikes have already rolled out across a few US cities — and now they’re coming to Europe. Onstage at today’s NOAH Conference in Berlin, Uber CEO Dara Khosrowshahi announced that the company would be expanding beyond its traditional taxi rides with plans to roll out electric bike rentals in the German capital by the end of the summer, with more European cities to come. It’s a move that raises eyebrows for a few reasons. European cities are already flooded with…
Uber CEO says there will be no more New Global exit deals
Uber has exited three global markets by selling to rivals, but enough is enough after its deal with Grab so says CEO Dara Khosrowshahi. Following today’s announcement with Grab which sees Uber leave Southeast Asia hot on the heels of exits in China (2016) and Russia (2017), Khosrowshahi told employees that there will be no more repeats under his leadership. It is fair to ask whether consolidation is now the strategy of the day, given this is the third deal of its kind, from China to Russia and now Southeast Asia. The…
Self-driving shuttle bus in crash on first day
A self-driving shuttle bus in Las Vegas was involved in a crash on its first day of service. The vehicle – carrying “several” passengers – was hit by a lorry driving at slow speed. Nobody was injured in the incident which city officials say was the fault of the human driver of the lorry. The man was subsequently given a ticket by police. The shuttle is the first of its kind to be used on public roads in the US. The collision comes a day after Waymo – owned by…
Flying cars: Future of transportation or an inflated expectation?
It seems like flying-car startups are finally taking over the “140-character” kinds of tech companies we are used to. With EU-based startup Lilium working on an all-electric autonomous flying taxi, garnering a $90 million Series B led by Tencent and supported by a number of well-known VCs (including Atomico), it’s clear that flying cars are transitioning from a fascinating concept to a quite-mature technology and promising investment thesis. But will we see flying cars out in the world? And how will the market environment evolve? The ecosystem is maturing. There are…
Nigerian Start up innovates Recycling; Q&A with Bilikiss Abiola, Founder WeCyclers
Bilikiss Adebiyi Abiola , Founder and CEO of Wecyclers The Nigerian tech startup space is developing at speed, and stands a good chance of being the Africa’s leader. ITBusinessDirect spoke with Bilikiss Adebiyi Abiola , Founder and CEO of Wecyclers, a company that offers household recycling service using a fleet of low-cost cargo bikes. They are powering social change using the environment by allowing people in low-income communities in Nigeria to capture value from their waste. Question: How can you define the technology sector in Nigeria? Bilikiss: I believe it’s…
New malware masquerades as a ride-sharing app
An update to the venerable Faketoken.q Android malware has made it easier for the program to steal your credit card information from ride-sharing apps. Faketoken attacks Russian ride-sharing apps by overlaying text boxes on the credit card information pages that can capture your credit number and other important information. Kaspersky writes: After getting onto a smartphone (judging by the malware icon, Faketoken infiltrates smartphones through bulk SMS messages with a prompt to download some picture) and installing the necessary modules, the Trojan hides its shortcut icon and starts background monitoring…
Qualcomm seeks Apple iPhone sales ban
Qualcomm, the world’s biggest producer of mobile phone chips, has appealed for the sale of some iPhones in the US to be blocked claiming that iPhones using chips by rivals, such as Intel, infringe six of its patents. The company said it had asked the US International Trade Commission (ITC) to investigate and impose an import block. It is the latest move in a series of disputes and lawsuits between Apple and Qualcomm BBC reports. In January, Apple filed two lawsuits against Qualcomm, claiming it had abused its dominant market…