Samuel Nwite
AUTHOR: Samuel Nwite
MaxAB, Egyptian e-commerce Startup, Raises $40m in Series A Round
MaxAB, an Egyptian ecommerce startup, has closed a $40 million Series A investment led by RMBV.
Also participating in the funding round are IFC, Flourish...
No Victor No Vanquished: Pentagon Cancels Controversial $10bn JEDI Contract
The legal tussle, which followed the $10 billion JEDI contract awarded to Microsoft, instigated an unexpected decision by the Pentagon on Tuesday.
After several years...
Netflix Introduces Affordable Mobile Plan for African Market
Streaming service firms have continued to devise means to grab market shares as competition grows in the untapped African market.
To this end, Netflix, the...
Malaysia Picks Ericsson Over Huawei for 5G Roll Out
The Malaysian government has awarded Sweden's Ericsson an 11 billion ringgit ($2.6 billion) contract to design and build its 5G telecommunications network, snubbing Chinese...
China Stops Didi from Registering New Customers Two Days After IPO
China has ordered ride-hailing company, Didi, to stop registering new riders a few days after it went public in the US. Didi raised $4.4...