Author: Tapiwa Matthew Mutisi

Taiwanese authorities have issued an arrest warrant for Pete Lau, CEO of China-based smartphone manufacturer OnePlus, following allegations of illegally employing Taiwanese workers. In addition to Lau, two Taiwanese citizens who reportedly worked under him have been formally indicted. The controversy centers on accusations that OnePlus illegally recruited more than…

Amazon’s satellite internet initiative, Project Kuiper—recently rebranded as Amazon Leo—has taken a decisive step toward entering Nigeria’s broadband market. The company has secured a seven-year landing permit from the Nigerian Communications Commission (NCC), authorizing operations starting in 2026. The permit, dated February 28, 2026, grants Amazon Leo the right to…

Silverbacks Holdings has announced its tenth successful exit following the acquisition of Mono, a leading open banking fintech startup, by African payments unicorn Flutterwave. The deal, structured as an all-share transaction, consolidates two companies within Silverbacks’ investment portfolio, marking a significant milestone for the firm’s fintech strategy. Founded to enable…

DEG – Deutsche Investitions- und Entwicklungsgesellschaft, the German development finance institution, has announced a €30 million loan commitment to the Africa Go Green Fund (AGG), a climate-focused investment vehicle managed by Cygnum Capital, which invests in projects in Sub-Saharan Africa that reduce greenhouse gas emissions. The financing aims to scale…

The International Finance Corporation (IFC), a member of the World Bank Group, and is the largest global development institution focused exclusively on the private sector in developing countries has announced plans for a significant investment in Adenia Entrepreneurial Fund I, a private equity vehicle focused on small and medium-sized enterprises…

Meta has announced the appointment of Dina Powell McCormick, a seasoned banking executive and former senior U.S. government official, as its new President and Vice-Chairman. In this role, McCormick will join Meta’s management team and play a pivotal part in shaping the company’s overall strategy and execution. “Dina’s experience at…

Paramount is intensifying its efforts to acquire Warner Bros. Discovery (WBD), refusing to back down after multiple rejected bids—including a recent hostile offer that WBD’s board urged shareholders to reject. The media giant is now taking the fight to court and launching a proxy campaign aimed at reshaping WBD’s board.…

Kenyan-based Mamy Eyewear, a rapidly growing optical retail brand, has announced a strategic investment from Ikemori Venture Support (IVS), a Japanese family office renowned for backing high-impact businesses and promising consumer and technology ventures across Africa and Asia. The funding amount remains undisclosed. Mamy Eyewear is on a mission to…

Apple and Google have officially confirmed reports of a groundbreaking collaboration that will integrate Google’s Gemini models into Apple’s ecosystem. This partnership aims to enhance the capabilities of Siri and other generative AI features in upcoming Apple products. In a joint statement, the companies announced: Apple and Google have entered…

Impact Fund Denmark, a Danish impact investor dedicated to fostering green, just, and inclusive societies while advancing the Sustainable Development Goals, has committed $15 million to the Verdant Capital Hybrid Fund (VCHF), bolstering efforts to expand financial access for underserved markets across Africa. Impact Fund Denmark provides equity financing by investing directly…

American livestreaming sensation Darren Jason Watkins Jr, popularly known as IShowSpeed, has set new YouTube milestones in Kenya, turning his first day in the country into one of the most significant digital events Africa has witnessed in years. Within hours of landing in Nairobi, Speed’s YouTube channel skyrocketed past 48…

Stars From All Nations (SFAN), a Ghana-based ed-tech company, has announced a strategic grant partnership with the British Council Ghana to empower 100 creative entrepreneurs by providing them with essential business and enterprise skills. SFAN, an innovative ed-tech company, is dedicated to empowering African youth by helping them transform their…

If you have recently received multiple password reset notifications from Instagram, rest assured that this is a widespread issue. According to a recent report by cybersecurity firm Malwarebytes, a significant data breach has exposed the sensitive information of approximately 17.5 million Instagram users. Malwarebytes revealed that the leaked data includes:…

Impact investment firm Acumen has announced that its Hardest-to-Reach Initiative (H2R) has successfully mobilized a total of $250 million in blended capital to accelerate clean energy access across sub-Saharan Africa. This milestone marks a significant step toward addressing energy poverty in some of the continent’s most underserved regions. The H2R…

German development finance institution DEG has announced a commitment of $50 million to African Development Partners IV (ADP IV), the latest private equity fund launched by Development Partners International (DPI). This marks DEG’s continued support for fostering sustainable economic growth across the African continent. African Development Partners IV (ADP IV)…

Adiwale Fund I, managed by Adiwale Partners, has announced the acquisition of a minority stake in Clinique Ambroise Paré, a leading private healthcare provider in Guinea. Founded in 2000, Clinique Ambroise Paré has grown to become one of the largest private medical facilities in the country. The clinic serves a…

Gabon is set to revolutionize its public transport system with the introduction of high-speed satellite internet on passenger trains, a move aimed at modernizing rail services and bridging long-standing connectivity gaps along critical transport corridors. Eutelsat has confirmed the deployment of its OneWeb Low Earth Orbit (LEO) connectivity services on…

Econet Wireless Zimbabwe, the country’s largest telecommunications operator, has announced that it has begun formal discussions with the Zimbabwe Stock Exchange (ZSE) regarding the publication of a shareholder circular outlining its proposed voluntary delisting from the local bourse. In a further cautionary statement issued late Tuesday, the company revealed that…

Ethiopian Airlines, Africa’s largest and most successful carrier, has announced a strategic partnership with Nucore Technologies as part of its ambitious digital transformation agenda. This collaboration represents a significant step toward modernizing the airline’s B2B operations and enhancing its global connectivity. The partnership focuses on upgrading Ethiopian Airlines’ Agency Portal,…

Access Bank Congo has announced the appointment of Adeboye Isaac as its new Country Managing Director, following formal approval from the Central Bank of the Congo. This leadership transition marks a significant milestone for the bank as it continues its growth trajectory in the Congolese market. Adeboye Isaac succeeds Arinze…