Author: Tapiwa Matthew Mutisi

Global IoT solutions provider floLIVE has announced the launch of a transformative connectivity service designed to revolutionize transport and logistics operations across Sub-Saharan Africa. The new offering aims to address long-standing challenges in fleet monitoring, cargo tracking, and cross-border communications by delivering cost-effective, high-bandwidth cellular connectivity tailored to the region’s unique needs. floLIVE’s solution enables…

In a bold and unexpected move, artificial intelligence startup Perplexity AI worth $18 billion has submitted a $34.5 billion all-cash offer to acquire Google’s Chrome browser, the world’s most widely used internet browser with over 3.5 billion users globally. The bid comes at a time when Google is under intense regulatory scrutiny and facing potential…

Yamify, a Democratic Republic of Congo–based AI infrastructure startup, has raised $100,000 in pre-seed funding from Felix Anane, an early backer of Paystack. The company is also seeking an additional $100,000 to close the round. The capital will be used to launch its flagship Managed Cloud Prototypes (MCP) feature, which…

The Enko Capital–Oronte consortium has completed its 100% acquisition of Société Générale Mauritania (SGM), following the final regulatory approval granted by the Central Bank of Mauritania. The closing of this transaction marks the complete exit of the Société Générale Group, which had been the bank’s reference shareholder since 2007. With…

Nedbank has announced plans to acquire payments fintech iKhokha for R1.65 billion ($94.3m), marking one of the bank’s largest fintech investments to date. The deal, which is structured as an all-cash transaction, represents a significant step in Nedbank’s ongoing strategy to strengthen its offering to South Africa’s small and medium-sized…

The Competition Commission has given the green light for Cell C to acquire Comm Equipment Company (CEC), marking an important milestone in the mobile operator’s restructuring plans. The transaction received unconditional approval, meaning it can proceed without any regulatory constraints. CEC is currently owned by The Prepaid Company (TPC), a…

The Nigerian Communications Commission (NCC) has unveiled a new policy under its Corporate Governance Guidelines 2025, introducing a mandatory cooling-off period for former senior officials before they can take up roles with telecom operators. The rule stipulates a five-year restriction for commissioners, executive vice-chairpersons, and the chief executive officer, and a three-year restriction for departmental directors. This measure is…

HoneyCoin, a Nairobi-based fintech startup specializing in stablecoin-powered payment rails, has raised $4.9 million in seed funding to accelerate its expansion into new markets across Africa, Latin America, and Asia. The funding round was led by Flourish Ventures, with participation from a diverse group of global investors including TLcom Capital, Stellar Development Foundation, Lava, Musha Ventures, 4DX Ventures, Antler, and Visa…

In a landmark move aimed at accelerating digital connectivity across Africa, Airtel Africa and Vodacom Group have entered into a strategic agreement to share fibre and tower infrastructure in Mozambique, Tanzania, and the Democratic Republic of Congo (DRC). The partnership, which is currently pending regulatory approval in each country, is expected to significantly enhance the rollout of 4G and…

Creation Capital, a South African-based private credit asset manager, has finalized a R75 million (approximately $4.2 million) debt investment into Quest Capital Solutions, a specialist provider of rent-to-own financing for trucks and trailers in the SME transport sector. Founded in 2012, Quest Capital Solutions has built a comprehensive offering that includes financing, asset management, servicing…

Thomas Dohmke, the Chief Executive Officer of GitHub, has officially announced his decision to step down from his role by the end of 2025. In a heartfelt blog post, Dohmke shared that he intends to return to his entrepreneurial roots and “become a founder again,” marking the end of a…

MTN Uganda recorded a robust performance in the first half of 2025, with data revenue surging 31.3% year-on-year to Ush 490.2 billion ($133.7 million). This sharp rise highlights the growing shift in customer preferences toward digital services. In contrast, voice revenue inched up by just 0.4%—a steep slowdown compared to…

Kenya’s banking regulator is taking a two-pronged approach to monetary management, loosening interest rates to spur lending while simultaneously tightening supervision of the country’s financial institutions. In 2024, the Central Bank of Kenya (CBK) fined 11 commercial banks for breaching key rules on lending limits, capital adequacy, and governance. The…

Teraco, Africa’s premier data centre operator, has successfully completed the expansion of its JB4 hyperscale facility located in Johannesburg, South Africa. This milestone firmly establishes JB4 as the largest standalone data centre on the continent, underscoring Teraco’s pivotal role in shaping Africa’s digital infrastructure landscape. The expansion follows a significant…

Old Mutual is preparing to launch a new retail bank in South Africa, marking a significant strategic shift nearly a decade after it divested its majority stake in Nedbank, one of the country’s largest financial institutions. The new entity, provisionally named OM Bank, is scheduled for a nationwide rollout in Q4 2025,…

FMO, the Dutch development finance institution, has committed €11.2 million in financing to support the development of a solar energy project in Burkina Faso. The funding, sourced from FMO’s Building Prospects Fund, is designed to catalyze sustainable infrastructure in emerging markets and is expected to mobilize an additional €6 million in concessional capital from the African…

Chowdeck, the Y Combinator-backed on-demand delivery startup, has raised $9 million in Series A funding to fuel its expansion across West Africa, particularly in Nigeria and Ghana. This funding round comes on the heels of Chowdeck’s successful entry into the Ghanaian market, underscoring investor confidence in its hyper-local strategy tailored to African…

Amid escalating tensions between the United States and China, President Donald Trump has publicly called for the resignation of Intel CEO Lip-Bu Tan, accusing him of being “highly conflicted” due to alleged ties to Chinese companies. The demand was made via Trump’s Truth Social account, where he wrote: The CEO of…

OpenAI has officially launched GPT-5, the latest and most advanced version of its generative AI model, marking a significant milestone in the evolution of artificial intelligence. This new model powers the widely used ChatGPT platform, which now serves over 700 million users globally, and promises to push the boundaries of what AI…

Vodacom has announced a major milestone in telecommunications by successfully placing South Africa’s first native voice call over a 5G network, known as Voice over New Radio (VoNR). The call was made using a test network, and the company hinted that the technology could soon be rolled out to its live…