Roqqu, one of Nigeria’s leading cryptocurrency companies, has officially listed the compliant Naira (cNGN) on its platform. The cNGN is a stablecoin, a type of digital currency that is pegged 1:1 to the value of a local currency, in this case, the Nigerian Naira. By listing the cNGN, Roqqu joins…
Author: Tapiwa Matthew Mutisi
Somalia has officially launched a new electronic visa (e-visa) system, marking a significant milestone in its digital transformation journey. The new e-visa platform, which officially launched on Sunday, August 24, 2025, allows international travelers to conveniently apply for visas online via Somalia’s official government portal: www.evisa.gov.so. Designed to simplify the application process, the…
Telecom Egypt, in partnership with Jordanian telecom operator NaiTel, has successfully completed the deployment of Coral Bridge, a cutting-edge subsea cable system that directly connects Egypt and Jordan across the Gulf of Aqaba. This marks the first direct digital bridge between the two nations in more than 25 years, ushering in…
Innovate47, a globally recognized venture builder and entrepreneur support organization, has officially launched its Food & Agri Accelerator, an intensive eight-week program aimed at empowering high-potential founders who are developing innovative solutions at the intersection of agriculture, food systems, and climate resilience. With a mission to tackle some of the world’s…
BankservAfrica, the automated clearing house and settlements hub for South Africa, has undergone a significant brand refresh, changing its name to PayInc. This change is more than a simple rebranding; it represents a major strategic shift to align the company with the rapidly evolving digital payments landscape in South Africa.…
Infra Impact Investment Managers, a firm focused on infrastructure projects in Southern Africa, has announced a new investment in Green Create, a company specializing in converting waste into valuable resources. Green Create’s operations, which span both South Africa and Mauritius, address critical environmental and energy challenges in the region. Green…
Inside Capital Partners, an investment firm, has announced a new partnership with RDG Africa, a company that specializes in providing solar home systems and clean energy solutions. Founded in 2018, RDG is transforming lives by delivering affordable, reliable, and sustainable electricity to underserved households and small businesses through its innovative pay-as-you-go model. With…
Roosevelt Ogbonna, the Managing Director and Chief Executive Officer of Access Bank Plc, has stepped down from his position as a non-executive director at its parent company, Access Holdings Plc. This move, which became effective after Ogbonna served on the board for three and a half years, is a direct…
Finnfund, the Finnish development financier and impact investor, has committed a $4 million debt investment to Poa Internet, a Kenyan internet service provider focused on delivering affordable broadband to underserved communities. This strategic funding aims to accelerate Poa’s mission of expanding high-speed internet access across low-income areas in Kenya. “We are excited to…
JSE-listed Blue Label Telecoms has taken a major step forward with its investment in Cell C, reversing a multibillion-rand impairment it had previously recorded against its stake in the mobile operator. This move, which effectively restores the value of its investment on the company’s books, signals strong confidence in Cell…
In a significant turnaround, T2 Mobile, formerly known as 9mobile, has posted its first subscriber gain since late 2023, reversing a 20-month decline. This comes as the Nigerian telecom industry as a whole shed 2.4 million customers in July 2025, according to data from the Nigerian Communications Commission (NCC). T2’s…
In a significant move that highlights its evolving corporate landscape, e-commerce giant Jumia has officially filed a petition to appoint Hassanein Hiridjee, the founder and director of Axian Telecom, to its Supervisory Board. This proposal comes after the recent resignations of two board members, Angela Mwanza and Elizabeth Huebner, which…
The anticipation is building as Apple has officially revealed the details for its highly awaited 2025 fall event. Mark your calendars for September 9 at 7 PM CAT / 1PM ET / 10AM PT, as the company will take the stage at its Cupertino headquarters to unveil its latest innovations.…
Anthropic has announced the launch of a research preview for its new browser-based AI agent, Claude for Chrome, powered by its Claude AI models. This experimental rollout is currently available to a select group of 1,000 users subscribed to Anthropic’s Max plan, which ranges from $100 to $200 per month. For those interested…
In a significant move underscoring the deepening financial ties between Japan and Africa, Sumitomo Mitsui Banking Corporation (SMBC), Japan’s second-largest bank, has made a strategic investment into the latest fund from the veteran venture capital firm, Novastar Ventures. This commitment is a clear indicator of a wider, calculated trend of…
In a significant move to channel capital towards global digital equity, the Finnish development financier Finnfund has announced the successful first closing of its new investment vehicle, the Digital Access Impact Fund I (DAIF). The fund secured an impressive €80 million in initial capital commitments, establishing a strong foundation to…
In a significant move to consolidate its position in the African automotive market, Africar Group, the company operating the rapidly growing used car marketplace AUTO24.africa, has officially acquired Koto.ci. Koto.ci is a well-regarded digital platform in Côte d’Ivoire that specializes in providing price references and information for new vehicles. This…
The European Union (EU) has announced a significant investment in Africa’s digital future through a new broadband infrastructure initiative valued at $16 million. This project, titled Africa-BB-Maps, is part of the EU’s broader Global Gateway strategy, a €300 billion global infrastructure plan aimed at fostering sustainable development and digital transformation, particularly in Africa.…
Maia Capital Partners, through its Maia Debt Impact Fund I, has extended mezzanine financing to Student Living Asset Management (SLAM), a South African private equity firm specializing in student accommodation. The funding is intended to support SLAM’s acquisition of a 51% controlling stake in Academia, a premium 1,026-bed student residence located in Stellenbosch, one…
Alterra Capital Partners has announced a strategic investment in Cobra Group Holdings, joining founder Donovin Cronning and CEO Lloyd Darby in supporting the company’s next phase of expansion across Africa and international markets. Cobra Group, headquartered in Johannesburg, South Africa, operates through three specialized divisions, Cobra Projects, Cobra Fire, and Cobra Tech. The company is a leading…