As Kenya grapples with a staggering 47% of its distributed water going unaccounted for, a new partnership between Liquid Intelligent Technologies (Liquid) and DropByDrop Water Systems aims to revolutionize how the country manages its water resources. The collaboration is focused on deploying smart water management technologies to address the persistent issue of non-revenue water (NRW)—water that is lost…
Author: Tapiwa Matthew Mutisi
Global digital services provider Hayo has announced a significant expansion of its operations across Africa, opening new offices in Gaborone (Botswana), Monrovia (Liberia), and Lilongwe (Malawi). This strategic move is part of the company’s broader commitment to investing in emerging markets and deepening its presence across the continent. The expansion is aimed…
Rise in Tech Africa (RITA Africa), a non-profit dedicated to equipping African youth with future-ready digital skills, has announced a strategic partnership with OmniContact BPO Services, a subsidiary of Econet Wireless Zimbabwe, to deliver large-scale, industry-relevant tech training and global certification opportunities. The collaboration aims to reach over 6,000 OmniContact employees, more than 15,000…
MTN Uganda has secured strong shareholder backing to separate its mobile money business, MTN MoMo (U) Limited, from its core telecom operations. This move sets the stage for MoMo to become a standalone entity, with plans to list it separately on the Uganda Securities Exchange. The decision, finalized at an…
Visa, the global leader in digital payments, has officially launched its first data centre on the African continent, a landmark development in its long-term strategy to bolster digital payment capabilities across Africa. The state-of-the-art facility, located in Johannesburg, South Africa, was commissioned today and is set to play a pivotal…
Kenyan electric mobility startup BasiGo has launched the country’s first pilot program for electric matatus—the iconic public transport minivans—on intercity routes. This marks a significant milestone in Kenya’s efforts to decarbonize its public transport sector and extend clean mobility beyond urban centers. The pilot involves two prominent transport cooperatives, 4NTE Sacco and Manchester Travellers Coach, each…
Safaricom has introduced a new feature within its M-PESA super app that allows users to withdraw funds directly from PayPal, streamlining access to international earnings for millions of Kenyans—particularly freelancers, remote workers, and digital entrepreneurs. This move is aimed at capturing a larger share of Kenya’s rapidly expanding digital gig…
Vodacom Group has revealed that its mobile money platforms processed a staggering US$460 billion (R8.1 trillion) in transactions over the past year, including operations in Kenya. This milestone highlights the growing significance of financial services within the Johannesburg Stock Exchange-listed telecommunications giant’s business model. In its quarterly trading update for the period…
Rain, the South African wireless internet network operator, has announced a significant leadership change. Founder and long-serving CEO Brandon Leigh will be stepping down from his executive role. His brother, Conrad Leigh, who has held key leadership positions within the company, will assume the role of Chief Executive Officer. Brandon…
Prosus, the Dutch-based global technology investor controlled by South Africa’s Naspers, is reportedly preparing to reduce its ownership in Delivery Hero as part of efforts to gain regulatory approval for its proposed acquisition of Just Eat Takeaway.com. The European Commission has reportedly urged Prosus to either significantly reduce or fully…
France-based media giant Canal+ has received formal approval from South Africa’s Competition Tribunal to proceed with its acquisition of MultiChoice, a landmark deal valued at approximately R53 billion (about $3 billion). This development marks a significant milestone in the consolidation of two major players in the global media and entertainment industry. The Tribunal’s approval is subject…
In a landmark move to enhance digital infrastructure and connectivity across East Africa, Kenya and Tanzania have officially launched a new terrestrial fiber optic link connecting the coastal cities of Dar es Salaam and Mombasa. This strategic initiative is designed to significantly improve internet access, foster regional integration, and support…
Telegram has officially expanded access to its integrated cryptocurrency wallet, known as the TON Wallet, to its 87 million users in the United States. This marks a significant milestone for the messaging platform, which had previously limited wallet availability to international users due to regulatory constraints. The TON Wallet is built…
Verod Capital Management has officially exited its investment in TAG West Africa through its Verod Capital Growth Fund II. The exit comes as Transnational Academic Group (TAG), an existing shareholder, acquires Verod’s stake in the company. TAG West Africa is the operator of Lancaster University Ghana, a pioneering institution in…
Flend, Egypt’s pioneering digital lending platform for small and medium-sized enterprises (SMEs), has successfully closed a $3 million seed funding round. The round comprises a strategic mix of equity and debt financing, aimed at accelerating the company’s mission to bridge the SME financing gap through fully digital financial services. The equity…
Itana, previously known as Talent City and widely recognized as Africa’s pioneering digital free zone, has unveiled what it claims to be the continent’s first fully integrated AI and data innovation hub. This initiative is designed to support African startups, researchers, and developers working on artificial intelligence technologies by providing…
The Emerging Africa & Asia Infrastructure Fund (EAAIF), managed by Ninety One, has announced a major anchor investment in Axian Telecom’s latest $600 million five-year bond issuance, reinforcing its commitment to advancing digital connectivity across frontier markets. As part of a $160 million anchor tranche, EAAIF contributed $40 million, joining forces with other leading development finance institutions…
In a dramatic turn of events, a South African High Court has provisionally liquidated the venture firm 54 Collective, formerly known as Africa Founders Ventures NPC (AFV), following grave allegations of financial misconduct. The allegations were brought forward by the Mastercard Foundation, which had entrusted the firm with a $106.5 million charitable grant aimed at…
Ethiopia has officially introduced its first-ever domestic credit card, a landmark development that underscores the country’s growing commitment to modernizing its financial infrastructure and embracing the digital payment revolution sweeping across East Africa. This milestone is the result of a strategic collaboration between SanuPay, a UAE-based and licensed payment processor, and OpenWay,…
Transsion Holdings, the Chinese smartphone manufacturer behind popular African brands such as Tecno, Infinix, and itel, is preparing for a secondary listing on the Hong Kong Stock Exchange, marking a significant step in its evolution from a regional powerhouse to a global tech contender. The move was disclosed in a recent filing with the Shanghai…