Browsing: Mpost

Taz Technologies expansion plans to four African countries

Taz Technologies, a Kenyan steadily growing and innovative ICT company based in Nairobi has announced expansion plans to four African countries.

Taz Technologies is the firm behind the famous digital mail service dubbed M-Post that was launched in Kenya in 2016.


MPost is a patented technology enabling any mobile phone user to transform their phones into a unique mobile postal box, and access postal services

Through a configuration of exclusive partnerships with national postal services around the world, users can register themselves with Mpost to send, receive mails and parcels.

MPost also enables users to pay for goods and services and to send, receive monies via e-banking services.

After the success of MPost in Kenya, Taz Technologies now says it hopes to launch services in South Africa, Uganda, Burundi and Rwanda.

This is as the firm looks to tap into the growing regional e-commerce market.

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Three significant news items went on the global wire on 25th February 2021 as follows;

  1. Liquid Telecom, a member of the Econet Group that has laid more than 70,000km of fiber optic cable across Africa[1], raised $840M financing package (US$620M bond and a US$220M equivalent term loan in Rand). This was Liquid Telecom’s second bond issue and it was 5.5 times oversubscribed with JP Morgan Chase & Co, Standard Chartered Plc and Standard Bank Group Ltd as joint global bookrunners[2].
  2. Convergence Partners, a leading Pan African Private Equity fund[3] entered into an agreement with Nasdaq listed Inseego (INSG) to acquire 100% of their subsidiary Ctrack’s operations in Africa and the Middle East[4].
  3. Ecobank Nigeria, the largest country operations of Ecobank Transnational Incorporated (ETI), issued a London listed $300M bond that was 3 times oversubscribed[5] and drew significant international