The Big 5 Daily: 7th August 2020

Hey Guys 

Hope you’ve got your Big 5 Daily TGIF vibes ready for the weekend. 

Guess what! Facebook Accelerator: Commerce is receiving applications to its 12-week non-equity program. It is looking for technology that easily connects the buyers to sellers in Africa, Europe, and the Middle East.                       

Menabytes has gists on Otlob, the first food delivery platform in North Africa. The Egypt-based startup has rebranded to Talabat, a new consolidation for its businesses in the Middle East and North Africa. This takes into full effect by 1st September 2020.


See also: The Big 5 Daily: 5th August 2020


In South Africa, Microsoft has announced an investment of R40 million in South Africa’s agricultural sector. The fund aims at sustaining smallholder farmers to drive growth, employment opportunities, and food security. 

Remember the Airtel-Telkom merger that was supposed to take place last year in Kenya? Well, the Communication Authority of Kenya is still delaying the deal, and both parties are tired. Both firms have decided to compete since the merger was delayed until further notice.

We will end today’s Big 5 Daily with good news for Ecobank users across Africa. Ecobank has launched Xpress Cash, a cardless withdrawal system that allows customers to withdraw cash from ATMs using an e-token generated via USSD or Ecobank mobile app. 

We are glad you read through this week. Enjoy a great weekend.

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