Omidyar Network announced an investment in Hotels.ng, the largest hotel-booking platform in Nigeria. The company provides an online marketplace to connect consumers to more than 14,000 small and medium hotels in the country, most with no prior digital presence. The total deal was $1.2 million in a Series A funding. Another new information is that EchoVC participated in that deal.
WorldVentures, the leading international direct seller of vacation club memberships, has launched its highly anticipated DreamTrip app for members and Independent Representatives. DreamTrips are exclusively priced, curated group vacations to some of the most coveted destinations in the world. They are the signature product of WorldVentures which, in its 10th year, is emerging as a technology trendsetter in the direct-selling sector. From trip planning to social media sharing, the DreamTrips app is designed for greater […]
PCCW Global, the international operating division of HKT (SEHK: 6823), Hong Kong’s premier telecommunications service provider, has been recognized by Frost & Sullivan with the 2015 Sub-Saharan African (SSA) Connectivity Solutions Customer Value Leadership Award. This prestigious recognition follows Frost & Sullivan’s recent analysis of the connectivity solutions market. PCCW Global delivers various layers of critical infrastructure to SSA, including fiber and satellite transmission, Internet transit services, MPLS and Ethernet connectivity, and also […]
As a part of the country’s efforts to increase IT exports and achieve ambitious economic goals, Egypt’s Information Technology Industry Development Agency (ITIDA) helped setting out a number of partnership protocols and concluding business agreements between Egyptian companies and 17 leading African telecom companies, financial institutions and ICT enterprises, in 6 different African countries, in the framework of “Africa Together” program, Round II. The program reflects the government commitment to accelerate economic growth by expanding […]
IFC, a member of the World Bank Group, and Ecobank Transnational Incorporated, parent company of the Ecobank Group and leading pan-African full-service banking group, has announced the launch of a $110 million risk-sharing facility that will increase access to finance for small and medium sized enterprises in fragile and conflict-affected states in West and Central Africa. The target countries face extreme and persistent poverty exceeding 50 percent of their populations, coupled with severe socio-economic challenges, such […]
Omidyar Network today announced an investment in Hotels.ng, the largest hotel-booking platform in Nigeria. The company provides an online marketplace to connect consumers to more than 14,000 small and medium hotels in the country, most with no prior digital presence. The Series A round investment is part of Omidyar Network’s Consumer Internet & Mobile initiative, which focuses on supporting new digital solutions to connect people, enabling them to share ideas and do business more efficiently […]
Businesses across major African economies such as Kenya and Nigeria are coming under increasing pressure to align their strategies for retaining talent, compensating employees and engaging with their workforces with good international practices. That’s according to Gerhard Hartman, Head of Department for Sage Payroll & HR’s International Division who says that African companies are facing stiffer competition for skills as economies grow, governments pump money into building infrastructure, and professionals are lured into the […]