Africa News Roundup — May 10, 2018

by | May 10, 2018

Here are this week’s top news headlines about startups, entrepreneurship, innovation and tech around Africa.

Blame it on Trump. MTN Group claims that President Trump’s recent decision to withdraw the US from the “rotten” (in his words) Iran nuclear accords could cost it as much as $240m. Read more on BusinessTech.

Sensor Networks raises $1.03m. The Cape-town, SA-based Internet of Things startup recently announced securing a $1.03m round led by Sanari Capital and supported by the ASISA ESD Fund and original investor, 4Di Capital. Read more on Disrupt Africa.

Econet Zimbabwe scandal. Apparently, some Econet agent in Zimbabwe didn’t do their job properly, enabling fraudsters to defraud a customer of about $3346. Read more on Techzim.

5G comes to SA. MTN and Huawei have successfully launched a 5G outdoor trial in South Africa, achieving download speeds of up to 530Mbps. Read more on MyBroadband.

From Techpoint

Múyìwá Mátùlúkò
Múyìwá Mátùlúkò

Chief Servant. I bully myself because I make me do what I put my mind to.


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