Latest News
Nestlé, the world’s largest food and beverage company, has announced plans to cut approximately 16,000…
PAYDAY, an emerging Tunisian startup operating at the intersection of fintech and insurtech, has successfully…
Apple has just lost one of its top talents, Ke Yang, who was recently appointed…
The International Finance Corporation (IFC), a member of the World Bank Group focused on the…
Chari, a Morocco-based fintech and e-commerce platform, has successfully closed a $12 million Series A…
Africa Lighthouse Capital, a Botswana-based private equity firm, has acquired a significant minority equity stake…
South African private equity firm Agile Capital, together with other existing shareholders, has announced its…
You may have noticed a difference if you checked your YouTube app today. The biggest…
Slack has officially reimagined its iconic helper, turning the familiar Slackbot into a fully capable…
Something big is quietly happening in Lagos this week, and it could change the game…
In a major step toward integrating blockchain infrastructure into traditional banking, Absa has announced a…
OpenAI is expanding its footprint across Africa with the launch of ChatGPT Go, a new…
Shoprite Group’s on-demand grocery delivery platform, Sixty60, has fulfilled over 100 million orders since its…
In a landmark move to promote linguistic inclusion and digital empowerment, Google South Africa, in…
Business
Apple has just lost one of its top talents, Ke Yang, who was recently appointed to lead a crucial team tasked with revamping Siri. Reports indicate that he will be joining Meta instead. This transition reflects not only internal upheaval but also highlights the escalating competition for AI talent. Who is…
Chari, a Morocco-based fintech and e-commerce platform, has successfully closed a $12 million Series A funding round, marking a significant milestone in its growth journey. The round was co-led by SPE Capital and Orange Ventures, with additional participation from a diverse group of global investors including Verod-Kepple, Global Founders Capital,…
Africa Lighthouse Capital, a Botswana-based private equity firm, has acquired a significant minority equity stake in Bayport Financial Services Botswana, a regulated microfinance institution that provides financial solutions to government employees and other formally employed individuals across the country. Bayport Botswana is recognized for its commitment to responsible lending practices,…
South African private equity firm Agile Capital, together with other existing shareholders, has announced its exit from Aquatico, a leading environmental monitoring and testing company, through a strategic sale to Bidvest. Aquatico has built a strong reputation in the environmental services sector, offering specialized monitoring, testing, and reporting solutions across…
Startup
PAYDAY, an emerging Tunisian startup operating at the intersection of fintech and insurtech, has successfully…
Kuunda, a Tanzanian-based B2B fintech company specializing in embedded working-capital solutions, has raised $7.5 million…
Gabonese telematics and fleet management startup POZI has secured €650,000 (approximately US$755,000) in funding, marking…
Egyptian fintech unicorn MNT-Halan has raised EGP 3.4 billion (US$71.4 million) through its seventh securitized…
Nigerian clean energy startup Rana Energy has successfully raised $3 million in pre-seed funding to…
The FUNGUO Innovation Programme has significantly scaled up its support for Tanzania’s startup ecosystem, increasing…
people
Rishi Sunak, who served as the United Kingdom’s Prime Minister from 2022 to 2024, has…
After nearly two decades of executive leadership, Saul Saltzman, son of Dis-Chem founders Ivan and…
The Johannesburg Stock Exchange (JSE) has announced the appointment of Valdene Reddy as its new…
The National Transmission Company of South Africa (NTCSA), a newly formed spinoff from Eskom’s transmission…
In a major leadership restructuring, Microsoft has promoted Judson Althoff, formerly Executive Vice President and…
Microsoft has officially named Vukani Mngxati as the new Chief Executive Officer of Microsoft South…
Cryptocurrency
In a major step toward integrating blockchain infrastructure into traditional banking, Absa has announced a…
Kenya is on the verge of becoming one of Africa’s most clearly regulated crypto markets…
Uganda has officially launched its first Central Bank Digital Currency (CBDC), marking a transformative moment…
Paxful, once billed as the world’s largest people-powered crypto marketplace, will cease operations by November…
Bitcoin, the world’s largest cryptocurrency by market capitalization, surged to a new record high on…
When Blockchain.com first hinted at an African expansion earlier this year, insiders weren’t surprised that…