In today’s digital age, losing data doesn’t have to be catastrophic. Thanks to cloud services and device synchronization, most information can be recovered with relative ease. Now, iPhone users have one more option to safeguard their data: Signal has officially introduced secure backups for iOS devices. This update follows the…
Author: Tapiwa Matthew Mutisi
M-KOPA Kenya, the Kenyan arm of pay-as-you-go fintech M-KOPA Holdings, has surpassed $1.6 billion (KES 207 billion) in credit extended to customers, cementing its role as a major player in Kenya’s consumer credit market. The milestone was announced alongside the release of the company’s first Kenya-focused impact report, which highlights…
Nomba, the Nigerian fintech formerly known as Kudi, is making a strategic move into the Democratic Republic of Congo (DRC), one of Africa’s most cash-driven economies. The company’s entry point? Remittances—a sector that already sees significant money flows and offers a natural foundation for broader financial services. Building the Foundation…
Malaysia has become the latest country to announce plans to restrict social media access based on age. On Sunday, the nation’s cabinet approved a ban on social media accounts for anyone under 16, according to reports from the Associated Press. The move reflects growing global concerns about the negative impact…
With Black Friday fast approaching, OpenAI is enhancing ChatGPT’s capabilities to make shopping easier and more efficient. Starting today, the company is rolling out Shopping Research, a new feature designed to simplify product comparisons and help users make informed purchasing decisions. What Is Shopping Research? The tool is available to…
Following Google’s recent announcement that Android’s Quick Share will soon work seamlessly with Apple’s AirDrop—starting with Pixel 10 smartphones—Qualcomm has revealed that this cross-platform file-sharing feature will also be available on devices powered by its Snapdragon chips. In a post on X, Qualcomm stated: “We can’t wait for people to…
Uber has officially introduced its first fleet of electric vehicles (EVs) in South Africa, marking a significant step toward sustainable transportation in the region. The rollout began in Johannesburg, where 70 EVs are already operational. By the end of January, the fleet is expected to grow to 350 vehicles. The…
Woodlands Dairy, one of South Africa’s leading dairy producers, has announced the acquisition of 100% of Ladismith Cheese Company, including its subsidiaries Ladismith Powder Company and Mooivallei Suiwel, from Sea Harvest Group. This strategic move strengthens Woodlands Dairy’s position in the local dairy market and expands its product portfolio. Woodlands…
The Public Investment Corporation (PIC), South Africa’s largest asset manager, has announced a $30 million investment into Enko Capital’s private credit fund, reinforcing its commitment to driving economic inclusion and supporting high-growth businesses across Africa. The fund, managed by Enko Capital, is targeting a final close of $150 million in…
Thirty innovative startups have been announced as finalists for the Latitude59 Kenya Pitch Competition, chosen from a competitive pool of 222 applications representing 27 countries. This selection marks a key milestone in the lead-up to one of Africa’s most dynamic startup showcases. About Latitude59 Latitude59 is the flagship tech and…
Startups across Africa can now apply for the latest edition of the New Venture Competition, hosted by Harvard Business School’s Africa Business Club, offering entrepreneurs the chance to win cash prizes of up to US$55,000, alongside exposure to investors and industry leaders. About the Competition The Africa Business Club, a…
Seedstars, a Swiss-based venture capital firm and ecosystem builder focused on emerging markets, has partnered with the SANAD Technical Assistance Facility (TAF) to introduce the SANAD Elevate Her Programme—a multi-phase initiative designed to accelerate female-led and 2X-aligned startups across the Middle East, North Africa, and Sub-Saharan Africa. About the Partners…
develoPPP Ventures, an entrepreneurial support program launched by Germany’s Federal Development Ministry (BMZ), has opened applications for its 10th cohort, offering post-revenue startups the chance to secure EUR 100,000 (US$115,000) in catalytic funding and technical support to scale. The initiative operates through a matching-funds model in partnership with DEG –…
Choice Hotels International, a leading American multinational hospitality company with nearly seven decades of industry experience, is set to make its debut on the African continent. The group announced plans to open three hotels in Kenya by 2026, marking its first footprint in Africa and signaling a major step in…
Prosus, the technology investment arm of Naspers, announced on Monday a 99% surge in adjusted core profit for the first half of its financial year, driven by robust performance across its digital services and e-commerce portfolio. The group’s adjusted EBITDA climbed to US$423 million, up from US$213 million in the…
BHP’s latest overture toward Anglo American underscores mounting pressure in a mining industry eager to secure scale and growth—particularly in copper, where global supply is tightening and demand is projected to surge as economies accelerate electrification. The approach comes just weeks before shareholders of Anglo American and Teck Resources are…
The Takealot Group has continued its steady march toward profitability, delivering a robust performance that positions it ahead of major international competitors, including Amazon. In its financial results for the six months ended 30 September 2025, parent company Naspers reported that Takealot achieved significant growth across key metrics. Naspers stated:…
Australia’s groundbreaking nationwide social media ban for minors is widening its scope. The restriction, which prohibits users under the age of 16 from accessing major social platforms, now includes Twitch—the popular livestreaming service. This addition follows the initial list of banned platforms: Facebook, X (formerly Twitter), TikTok, Snapchat, YouTube, and,…
Fusepay, a Seychelles-founded fintech startup focused on building payment solutions for frontier markets, has officially launched its digital payment platform to help businesses streamline financial operations and transition away from slow, paper-based processes. The launch follows Fusepay’s successful $350,000 pre-seed funding round in August, led by Hustle Fund, with participation…
The African Development Bank Group’s Sustainable Energy Fund for Africa (SEFA) has successfully secured new capital commitments totaling nearly €50 million from the governments of Germany and Italy. These commitments were formally announced at the Africa Pavilion during a side event held at COP30. The German government demonstrated a robust…