Author: Tapiwa Matthew Mutisi

In a move set to redefine the regional corporate landscape, Econet Wireless has officially valued its newly formed infrastructure wing, Econet InfraCo, at US$1 billion. The group is preparing to list the entity on the Victoria Falls Stock Exchange (VFEX), a move that would represent the largest Initial Public Offering…

South African telecommunications giant Vodacom Group has reported a robust financial performance for the third quarter ending 31 December 2025. The results highlight a company successfully pivoting toward a diversified, pan-African strategy, with international markets, particularly Egypt, acting as the primary engine for double-digit growth. The group’s top-line figures reflect…

Bosta, the Egyptian leader in tech-enabled logistics and delivery solutions, has announced the launch of a record-breaking automated sorting machine, the largest of its kind in the Middle East. This strategic investment is designed to revolutionize delivery speeds and provide the backbone for the explosive growth of Egypt’s e-commerce landscape.…

The United Nations has officially issued a call for applications for the UN Global Pulse Accelerator, a flagship initiative designed to bridge the “valley of death” between promising innovation pilots and large-scale, sustainable impact. The program serves as the UN’s dedicated engine for identifying exceptional internal projects and equipping them…

In a landmark move for the South African fintech landscape, TymeBank has officially rebranded as GoTyme Bank. The transition, effective as of January 2026, marks the unification of the bank’s identity with the broader Tyme Group, aligning its South African operations with its high-growth ventures in Asia. Backed by billionaire…

The International Finance Corporation (IFC) has disclosed a proposed senior loan of up to €11 million to Star Bright Holdings, a leading force in the African floriculture sector. The investment is designed to fuel a strategic capital expenditure program across the group’s expansive flower farms in Kenya and Ethiopia, while…

In a significant move to support the structural evolution of one of South Africa’s leading industrial players, Standard Bank has successfully structured and delivered a bespoke corporate finance solution for Novus Holdings. This funding marks a pivotal moment for the group as it transitions from its traditional roots in the…

Nedbank Private Equity (NPE) has finalized the acquisition of a significant minority equity interest in Waco International Holdings, a premier global player in the equipment rental and industrial services landscape. The deal represents a high-conviction play by Nedbank into a diversified platform that is foundational to infrastructure and industrial maintenance…

In a strategic move to consolidate leadership in the North and West African service sectors, the Moroccan retail powerhouse Retail Holding and the Amethis MENA Fund II have announced the joint acquisition of OCS Group’s operations in Morocco and Senegal. The consortium succeeds the private equity firm Adenia Partners and…

Abler Nordic, a prominent player in the global impact investing space, has officially announced the appointment of Marlene Hormes as its new Chief Executive Officer. Hormes succeeds Arthur Sletteberg, who is stepping down after a transformative decade-long tenure at the helm of the organization. The leadership transition marks a strategic…

The European Investment Bank (EIB) has formally disclosed a $80 million equity investment into Apis Growth Fund III, a flagship private equity vehicle managed by the UK-based Apis Partners. This commitment marks a major step toward the fund’s ambitious $1 billion target, signaling strong institutional confidence in the growth potential…

Following a period of explosive growth in its home market, the Nigerian cryptocurrency exchange Obiex has announced a strategic expansion into Ghana and South Africa, with Kenya also in its sights. The move signals the company’s transition from a local liquidation tool into a high-volume regional infrastructure provider capable of…

In a major shift for the East African mobility landscape, the global ride-hailing giant Uber has officially ceased operations in Tanzania, effective January 30, 2026. The departure comes after years of friction with state regulators over fare structures, commission caps, and the fundamental mechanics of the “gig economy” model. Uber’s…

VivaTech, established as Europe’s premier technology and startup event, has officially launched the application cycle for the fourth annual AfricaTech Awards. This prestigious competition is designed to identify, support, and elevate African startups that are fundamentally reshaping the continent’s business landscape through technology. Taking place in Paris, France, from June…

In a major consolidation of the North and West African service sectors, the private equity firm Adenia Partners, in collaboration with the French development finance institution Proparco, has entered into a definitive agreement to sell OCS Group. The operations, which span Morocco and Senegal, are being acquired by a high-profile…

Norfund, the Norwegian Investment Fund for developing countries, has announced that its Chief Executive Officer, Tellef Thorleifsson, will officially transition out of his role in July 2026. Thorleifsson informed the Board of Directors of his decision after a highly successful tenure marked by the institutional scaling of Norway’s most critical…

The Private Infrastructure Development Group (PIDG), acting through its project development arm InfraCo, has successfully concluded its preference share investment in InfraCredit Nigeria. The exit, valued at $25.7 million, represents a high-impact financial milestone, achieving a strong return for the group despite the volatile macroeconomic environment currently facing frontier markets.…

In a significant move within the North African healthcare landscape, the private equity firm Adenia Partners has signed definitive agreements to acquire a majority interest in Parkville Pharmaceuticals. The stake is being acquired from Admaius Capital Partners, with the transaction involving a partnership with Parkville’s original leadership, including Chairman Sherif…

Qualcomm, the NASDAQ-listed global titan in wireless innovation and semiconductor technology, has officially opened the application window for the latest cycle of its Make in Africa Startup Mentorship Programme. This initiative is a core pillar of the Qualcomm African Innovation Platform, designed to bridge the technical and business gaps for…

The Tony Elumelu Foundation (TEF) has officially opened its digital portal for the latest cohort of the Tony Elumelu Entrepreneurship Programme (TEEP). This initiative represents a cornerstone of African private-sector development, offering a structured pathway for early-stage startups to move from ideation to sustainable operations through a combination of capital,…