Johnstone Kpilaakaa

Kenya withdraws 30% shareholding rule for Big Tech

Kenya has reversed its shareholding rule that insists that Big Tech companies must sell 30% of their shares to Kenyan locals.

Flutterwave is partnering with IATA to facilitate flight payments in sub-Saharan Africa

Flutterwave has joined International Air Transport Association's payment orchestration platform to enable global airlines to collect local currencies.

Uganda to impose 5% tax on non-resident digital companies

On Tuesday, the Ugandan Parliament amended its Income Tax Act to include tax from non-resident digital service providers like Meta, Google, Amazon and other big tech companies operating in the country.

Flutterwave launches Tuition, responds to growing FX demand for international school fees

Flutterwave has launched Tuition to allow African users to pay various fees to educational institutions within Africa and overseas using their local currencies.

Two African startups selected for Techstars NYC class of 2023

Techstars New York Accelerator has selected two African startups, Pennee and Mainstack for its 2023 spring class.

Alternative funding sources for African startup founders

Oo Nwoye and Opeyemi Awoyemi talk about the African startup funding landscape and alternative funding sources for tech entrepreneurs.

BD Insider 170: Telecoms attracted $75.6 billion investment in Nigeria

MTN Group says it will invest over $3.5 billion in Nigeria in the next five years. We covered this and India's plan to establish a technology institute in Tanzania.

BD Insider 169: Safaricom wants to invest in more African startups

Safaricom plans to launch two venture capital firms to invest in African startups. We also covered the Nigerian presidential committee on fiscal policy and tax reforms.

Nigerian government suspends 5% telecoms tax

President Bola Tinubu has suspended the implementation of 5% excise duty on telecom services to address business unfriendly fiscal policy measures and multiplicity of taxes.

Juliet Ehimuan: Twelve years of leading Google in West Africa

In April 2011, Juliet Ehimuan was appointed as the second country manager for Google in Nigeria.

Nuru’s $40 million Series B will drive electrification in DRC

Cleantech startup Nuru has secured a $40 million Series B to drive its efforts to provide 24-hour electricity to five million people in the Democratic Republic of Congo.

How Kyosk’s acquisition of KwikBasket will transform the African fresh produce market

Kenyan retail distributor Kyosk has acquired KwikBasket, and has expanded its digital distribution offering to cover the fresh produce market in Africa.