Dropin, a Nigerian start-up pioneering portable NFC-based contactless payment solutions for Africa’s road transport sector, has announced a strategic partnership with global venture capital firm FasterCapital. The collaboration is aimed at accelerating Dropin’s growth trajectory as it prepares for a seed funding round and regional expansion. The partnership was formalised under FasterCapital’s LaunchUp program, which provides…
Author: Tapiwa Matthew Mutisi
MTN Cameroon has entered into a strategic partnership with Yango, the ride-hailing platform powered by Russian tech giant Yandex, to introduce a dedicated SIM card package tailored specifically for Yango drivers. The initiative aims to enhance digital access, reduce operational costs, and improve service delivery for thousands of drivers across Cameroon. The agreement was formalized…
Safaricom, Kenya’s leading mobile network operator, has announced a major milestone—crossing the 50 million customer mark within its home market. The announcement, made on Thursday, comes as the company gears up to celebrate its 25th anniversary in October 2025. According to a press release, this achievement is the result of a year-long customer engagement campaign launched in…
After more than a decade at the helm, Gerrie Fourie has officially stepped down as CEO of Capitec Group, marking the end of an era for one of South Africa’s most remarkable banking success stories. His departure, announced earlier this year, became official on 19 July 2025, with Graham Lee, the former CEO of Personal…
The Johannesburg Stock Exchange (JSE) has reached a significant milestone in 2025, with its flagship index—the FTSE/JSE All Share Index (ALSI)—surging to an all-time high of 100,000 points. This landmark achievement underscores a robust year for South Africa’s capital markets and cements the JSE’s position among the world’s top-performing exchanges in…
Luno, a leading global cryptocurrency platform, has taken a bold step in Nigeria’s digital finance space by launching crypto staking, becoming the first active platform in the country to offer this feature. This move allows Nigerians to go beyond trading and start earning passive income by supporting blockchain networks through staking. What Is Staking? Staking…
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…
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…