Security solutions provider Securex launches e-commerce portal, home security solution

KENYA – Security solutions provider Securex Agencies has launched a smart home security kit targeting domestic residences in Kenya.   Branded as the ‘Rafiki by Securex’ do-it-yourself (DIY) home security kit, the solution will help curb the increasing burglary incidences in domestic homes by providing surveillance, deterrence, self-monitoring, and response subscription, all via smartphone application.  The ‘Rafiki by Securex’ solution is designed to offer affordable security solutions to all those looking for an affordable, easy to manage security system which they can access at any time, from anywhere using their home…

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Delivery startup Quench gets funding from Imvelo Ventures, eyes further expansion

SOUTH AFRICA – Quench, South African app-based deliveries startup, has raised an undisclosed amount of funding from Imvelo Ventures to help it build brand awareness and establish more partnerships across the country. Founded in 2016, Quench provides same-day delivery of groceries, food, medication, and alcohol to customers in major centres across South Africa. The startup has seen significant growth over the last year given the effects of Covid-19, expanding from being an alcohol delivery platform to also delivering other items as most consumers opted for home deliveries.  The startup has now secured…

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SecureTech company AURA expands into East Africa with new Kenyan office

KENYA – South Africa’s leading security and medical response platform AURA, has announced its imminent expansion into Kenya and East Africa which will be led by its new General Manager, Hilary Itela. Partnering with KK Security, owned by GardaWorld, Aura will offer its emergency and medical response services in Nairobi and Mombasa. Warren Myers, Chief Executive Officer, AURA says that the intention is to address the fragmented and idle response capacity in Kenya while also democratising access to critical services by making them more widely available and more affordable than ever before. With over…

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Citi Bank launches digitized documentation for cross-border payments in South Africa

SOUTH AFRICA – Global investment bank Citi has announced the launch of a new service for its institutional clients that speeds up the processing of their cross-border payments through the digitization of supporting documents. The service, which is being rolled out initially in South Africa, significantly streamlines and eases the processing of overseas payments by bringing together on a single electronic platform the once-separate submission of cross-border payment instructions and documents associated with them. “At Citi, we’re investing heavily in digital technologies and platforms to simplify, integrate and automate our…

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Imperial Logistics acquires e-commerce specialist Parcelninja

SOUTH AFRICA – Johannesburg Stock Exchange -listed Imperial Logistics has bought South African e-commerce logistics specialist Parcelninja. The terms and value of the deal were not disclosed. Imperial revealed details of the acquisition in its interim results for the six months ended 31 December 2020, in which it reported a 15% increase in revenue to US$1.8 billion. “The Parcelninja acquisition will provide specialised warehousing and distribution management in e-commerce, direct to consumers and to informal markets,” the logistics company said in notes alongside the financial results. “The acquisition will provide specialised…

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Industrial and logistics developer Improvon launches US$110m park in Nairobi

KENYA – Improvon, one of Africa’s largest industrial and logistics developers, is constructing a US$110 million industrial park in Embakasi, Nairobi as demand for out of town industrial, commercial, residential, and public amenities soars. Their target clients include factories and processing plants, cold storage facilities, pharmaceutical and fast-moving consumer goods (FMCG) distributors. The first phase of the park, which is located off Eastern Bypass in Nairobi, has already been completed amid the Covid-19’s challenges. Its construction began last year following the leasing of a two-acre parcel of land that housed…

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B2B e-commerce app Chari.ma to expand internationally after positive growth

MOROCCO – Chari.ma, a Business to Business (B2B) e-commerce app allowing traditional proximity store owners in Morocco to order products and have them delivered, has announced plans to expand internationally this year after seeing strong growth in its launch market of Casablanca, reports Disrupt Africa. Launched early 202, Chari.ma has already signed up 10,000 shops as customers, 50 per cent of the proximity stores in the city. Ismael Belkhayat, who co-founded the startup with his wife Sophia, said the startup was targeting a wider opportunity, however. “This is how we…

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DHL Express orders 8 more Boeing B777Fs, to be delivered by 2022

WORLD – DHL Express has placed an order for an additional eight new B777 freighters, an in investment that marks a further step in DHL Express’ expansion of its intercontinental air network to meet customer demand in fast growing international express shipping markets.  First deliveries are scheduled for 2022. “Although the current health crisis has pushed pause on several areas of life, global trade did not stand still,” said John Pearson, CEO at DHL Express. “Fuelled by globalisation, digitalisation and the unprecedented demand of our customers during the recent peak…

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Fintech Crossfin Technologies concludes Wirecard Solutions SA acquisition deal

SOUTH AFRICA – African fintech holding company Crossfin Technology has announced the conclusion of an agreement in which payments processor Adumo will acquire Wirecard Solutions SA for an undisclosed amount. The sale of Wirecard SA follows a rigorous investor process which drew interest from local, regional, and international entities, said Crossfin in a press statement. Anton Gaylard, chief operating officer at Crossfin, said they have been particularly excited to conclude the agreement for the Wirecard SA transaction. “We had wanted to complement the Crossfin portfolio with a strong e-commerce offering…

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US tech firm MOOVN enters Kenya’s taxi hailing, e-commerce arena

KENYA – US base technology firm Moovn Technologies has entered the Kenyan market by venturing into the taxi-hailing and e-commerce arena as it seeks to cement its position in the East Africa region’s economic hub. The ‘MOOVN App’ launched in Nairobi few days ago sets the company’s commission at 15% flat rate, giving drivers a take away of 85%, a move that could see a shift in the current market where the local drivers have been decrying low earnings. Its e-commerce platform ‘Noobea’ also falls under the App, allowing users to make sales…

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