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Verod Capital, AfricInvest acquires iSON Xperiences

Verod Capital and AfricInvest have announced the consolidation of a majority stake in iSON Xperiences, an ICT solutions provider in Africa. Danladi Verheijen, Cofounder and Managing Partner at Verod Capital, disclosed this in a press release seen by Ripples Nigeria on Tuesday. iSON Xperiences is a customer service and outsourcing company, specializing in delivering BPO, business process management, and digital …

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Twitter to become ‘Ads Bed’ for low-paying users

Twitter

Tech entrepreneur and billionaire, Elon Musk, has revealed plans to make X, formerly known as Twitter, to become a “Ads-Bed” for low-paying users. Musk disclosed this in a tweet, noting that the team will soon launch two new tiers of premium subscriptions. “One is lower cost with all features, but no reduction in ads, and the other is more expensive, …

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MTN appoints David Behr as Head of ICT Centre

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Telecommunications company, MTN, has named David Behr, a former executive at Liquid Intelligent Technologies, as the CEO of its new ICT Centre of Excellence. Behr will take on this role starting on November 1st, as he seeks to accelerate MTN’s cloud, cybersecurity, internet-of-things, and platform solutions for enterprise customers. His appointment is expected to help MTN achieve its “Ambition 2025” …

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Saudi proptech, Ejari, Secures $1m in pre-seed funding

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A Saudi Arabia-based property technology (proptech) firm, Ejari, has closed a pre-seed funding round, raising $1 million (SAR 3.75 million). The round was led by Sanabil 500 MENA and Hambro Perks’ Oryx Fund, with participation from several angel investors. Established in 2022 by Yazeed Al-Shamsi, Fahad Albedah, Mohammed Alkhelewy, and Khalid Almunif, Ejari offers a unique Rent Now, Pay Later …

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African firm, invests in Munch Software

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A company listed on the Johannesburg Stock Exchange (JSE), Famous Brands, has announced venturing into restaurant management technology ecosystem. The investment comes as an equity stake in Munch Software, an associate company, with the aim of leading the digitization. In a statement to their investors, Famous Brands expressed their anticipation of a profound impact through the new partnership. Collaborating with …

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