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The Big 5 Daily: 23rd January, 2020

Tech Gist Africa by Tech Gist Africa
01/24/2020
in Africa, Africa News, Big 5 Daily, News, The Big 5
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The Big 5 Daily: 23rd January, 2020

The Big 5

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Hello!

How’s the week going?

Welcome to today’s Big 5 Daily!

Let’s dive in!

Drum roll! Naspers sold about 22 million N Ordinary shares in Prosus NV—its internet assets division. This deal is in a bid to boost Naspers’ valuation.

 

Guess what? Nigeria-based Know Your Client Startup VerifyMe recently secured an undisclosed sum from Consonance Investment Managers. Verifyme will leverage the funds to grow its digital ID verification products.

 

Did you hear? Glovo is exiting four markets. Yes, the on-demand food delivery app is withdrawing from Egypt, Turkey, Uruguay and Puerto Rico markets to push for profitability ahead of 2021.

 

Also, Vodafone has pulled out from its partnership with Facebook’s Libra making it the first non-American company to do so. The telco exited in a bid to focus on its digital payment systems.

 

Finally, WhatsApp has released a dark mode theme for its WhatsApp Beta users. The new feature will be available for android users in the meantime.

Thanks for joining!

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Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

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