The Big 5 Daily: Careem Launches Bus-booking Service in Egypt, South Africa’s ‘Naked’ Secures $2.2million Investment Fund and More

Hello all, we are back again with the Big 5 Daily… featuring the biggest tech news across Africa and the world. By all means, delve in.

Ride-hailing firm, Careem for the first time in Africa launched a bus-booking service in Egypt. This is new development coming after Careem invested $500,000 in Egyptian tech start-up Swvl, which offers bus booking services on its own mobile app.


South African based insurtech start-up, Naked has secured yet, another R30-million ($2.2 million) from private investment group, Yellowwoods and insurance company, Hollard. The start-up plans to grow its team, ramp up customer acquisitions and expand into new short-term insurance product categories.


The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH together with the Ondo State Government in Nigeria and the ‘Emerging Communities Africa’, will host a policy and solutions Hackathon. The Hackathon, dubbed #EmergeOndo, is aimed at identifying state-led solutions to encourage entrepreneurship and increase employment outcomes.


Safaricom has launched an AI chatbot for customer care and it is called Zuri. The AI chatbot allows Safaricom users to interact on Telegram and Facebook Messenger.  It also enables Safaricom mobile data users to manage their subscription services, view subscriptions and unsubscribe from chargeable SMS services.


The idea of ‘Digital Economy’ as a concept seems to be a new trend in the African financial space. Some African countries have been making strides towards digitizing their economy and the Nigeria government as well is also leaving no stone unturned in this regard. In this piece titled: Digital Economy, Social Media and Fintech in Nigeria: A Conversation With Joe Abah, The TGA team discussed some of these challenges with the delectable man and he offered unique perspective on them.

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