Safaricom is in “advanced talks” with the Ethiopian government to introduce its popular M-Pesa mobile money service to neighbouring Ethiopia, a market of 100 million people, two sources said on Tuesday.  Britain’s Vodafone, Safaricom’s parent company, will license the use of the M-Pesa trade name to an Ethiopia-based bank while Safaricom will host the servers in Nairobi, one telecoms industry …

A total of 33 African justice innovators and legaltech startups have made it into the final round of the 2018 edition of the Hague Institute for Innovation of Law’s (HiiL) Innovating Justice Challenge. The Hill Justice Accelerator (HJA), which runs the challenge, announced the finalists in a blog post earlier this month. The accelerator stated that finalists were selected based on their impact, …

Lagos-based advertising technology startup TaxiTV has secured an undisclosed amount of funding in a seed round led by Beta.Ventures as it looks to scale its product, expand to other cities and improve its sales execution. The funding round – which Osiyale says is worth over US$50,000 – is led by Beta.Ventures, while other backers include Collins Onuegbu of Sasware, Sam Senbanjo …

GreenTec, headquartered in Frankfurt, Germany, will invest an undisclosed amount of money in Bismart to enable the company upscale its digital and online platforms to connect customers to insurance and investments solutions available in the African market. The agreement, announced in Frankfurt, will see Bismart benefit from GreenTec’s expertise and experience in funding start-ups in Africa through capacity building, and …

ERC20 tokens are smart contracts that run on the Ethereum blockchain. ERC is an abbreviation for Ethereum Request for Comments. ERC20 has 6 functions and 2 events. This standard was created to enable interoperability (the ability of computer systems or software to exchange and make use of information). The functions describe how tokens can be transferred. The functions also help …