Latest News
Liquid Telecommunications, a prominent African fiber company, is on track to secure a significant investment…
Absa Group has disclosed that its CEO, Arrie Rautenbach, will be departing from the company…
Blue Label Telecoms has experienced a downturn in its financial performance, with a notable decline…
The Egyptian fintech startup Menthum, which specializes in digital savings, has recently announced a strategic…
In an effort to address the growing dissatisfaction among its drivers over inadequate earnings, Bolt,…
Savannah Clinker has stepped into the acquisition battle for Bamburi Cement with a substantial $197.2…
The South African startup Omnisient, which specializes in “privacy-by-design” technology, has successfully secured US$7.5 million…
Safaricom, a leading telecommunications provider in Kenya, has refuted allegations that it has blocked payments…
A quarter of a year subsequent to obtaining its operational permit, Starlink, the satellite internet…
Lagos, Nigeria’s bustling metropolis, has taken a significant leap towards modernizing its transportation system with…
The Kenyan telecommunications landscape continues to heat up as Elon Musk’s Starlink expands its services…
Elon Musk, CEO of SpaceX, recently announced that Starlink’s new mobile phone system would offer…
In an exciting development for Africa’s fintech landscape, Flutterwave has achieved a significant milestone by…
In a surprising move, Apple Inc. has made headlines by cutting approximately 100 positions within…
BUSINESS
The South African business accelerator Grindstone has forged a strategic partnership with USAID Southern Africa Mobilising Investment to introduce a specialized two-year initiative aimed at transforming the landscape of startup and scale-up support in South Africa. Established in 2013 and jointly owned by venture capital firm Knife Capital and consultancy…
eTranzact Global Limited, a prominent provider of payment technology solutions originating from Nigeria, has recently made a significant stride in its business growth by venturing into the Ugandan market. This move comes on the heels of the company securing an operational licence from the Central Bank of Uganda, marking a…
Jumia, the online retail platform, disclosed a revenue surge to $48.9 million and a gross profit of $31.2 million for the first quarter of 2024. These figures represent a notable increase from the $41.3 million in revenue and $24.9 million in gross profit reported in the same period of 2023.…
After a two-month hiatus and a significant restructuring that eliminated all positions in the US and UK to concentrate its workforce in Africa, Chipper Cash, a leading pan-African fintech startup, has resumed its services in the United States. American customers can now transfer funds to recipients in Chipper Cash’s supported…
Sponsored
Startup
Flourish Ventures, a global venture capital firm investing in mission-driven fintech entrepreneurs has launched Madica,…
Egypt’s proptech Seqoon has secured $500,000 in a pre-Seed round through Banque Misr’s pilot programme…
FoondaMate, a South African edtech startup, announced that it has launched in Nigeria. Founded in…
Kenzz, an Egyptian mass e-commerce startup raised $3.5 million in a Seed fundraise led by…
Moko Home + Living, a Kenyan furniture startup, has raised $6.5 million for expansion in…
Egypt’s fintech, Telda has raised $20 million in a seed funding round led by Global…
people
The former head of Jovago Nigeria, Marek Zmyslowski, has launched a new platform HotelOga, which…
Before Olajumoke Orisaguna left her home, she didn’t think that a chance crashing of TY Bello’s photo session would…
Former Africa Head for Airtel Money, Chidi Okpala, has joined Atlas Mara as Chief Digital…
Leonard Stiegeler, former General Manager Ringier Nigeria & Head of Ringier West Africa, has now been…
It seems Jovago wants to sue the former CEO of its Nigerian entity, Marek Zmyslowski. Marek…
Yesterday, Innovation Village reported that entries are now open for the inaugural edition of the…