Latest News
A major milestone in the evolution of Africa and the Middle East’s digital finance sector…
Private equity firm Adenia Partners has announced two significant leadership promotions as part of its ongoing…
Kenyan device financing startup Lipa Later, which entered administration in March 2025 due to financial distress,…
Lillian Barnard Appointed to Lead Microsoft’s Enterprise Partner Solutions in Middle East and Africa
Lillian Barnard, who has served as President of Microsoft Africa and acting Managing Director of…
Sahel Capital, a prominent investment management firm specializing in food and agriculture across sub-Saharan Africa,…
The online job search giant Indeed and its sister company Glassdoor have announced their intentions…
Although it may initially seem daunting, building a custom PC is far simpler and more…
Apple has officially appointed Sabih Khan as its new Chief Operating Officer (COO), replacing Jeff…
On a global scale, Nigeria is now doubling down on its tech ambitions. Through a…
The National Identity Management Commission (NIMC) has announced that it will now waive the ₦28,574…
The era when Bitcoin was dismissed as a fringe experiment is long gone. Today, institutional…
MTN Uganda is broadening the scope of its mobile money platform, MoMo, with the goal…
The most strategic AI acquisition of Meta was quietly concluded in July. Play AI, a…
Guaranty Trust Holding Company Plc (GTCO) has officially become the first financial services institution in…
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Business
Private equity firm Adenia Partners has announced two significant leadership promotions as part of its ongoing strategy to deepen expertise and strengthen its pan-African investment capabilities. Florent de Boissieu Appointed Chief Investment Officer Florent de Boissieu, a veteran of the firm, has been promoted to the role of Chief Investment Officer (CIO).…
Kenyan device financing startup Lipa Later, which entered administration in March 2025 due to financial distress, is now at the center of a competitive acquisition race involving at least three interested firms. The development signals a potential revival for the once-prominent fintech player in East Africa’s “Buy Now, Pay Later” (BNPL)…
Sahel Capital, a prominent investment management firm specializing in food and agriculture across sub-Saharan Africa, has successfully closed a $1 million loan facility with Camino Ruiz, a Kenyan-based company engaged in fish processing and distribution. The financing was extended through Sahel Capital’s Social Enterprise Fund for Agriculture in Africa (SEFAA),…
Blue Label Telecoms has announced a proposed name change to Blu Label Unlimited, signaling a pivotal shift in its corporate identity and strategic direction. The company formally notified shareholders of this proposal on Friday, 11 July 2025, and will seek their approval at a general meeting scheduled for 11 August 2025. This proposed…
Partners
Startup
Leta, a Nairobi-based logistics software-as-a-service startup, developed an AI-powered platform designed to optimize delivery routes,…
Elon Musk’s artificial intelligence company, xAI, has made a significant move by acquiring Hotshot, a…
Senegalese e-health startup Eyone has emerged as the winner of the latest edition of Africa’s…
The Nigerian government is poised to launch a $40 million fund aimed at investing in…
Mirova, an affiliate of Natixis Investment Managers, has announced a significant financing initiative for KOKO,…
Acknowledging the significant funding gap, accelerator programs such as Cascador are taking proactive measures to…
people
Today, Panos Panay the former EVP & Chief Product Officer at Microsoft, announced his departure…
Naspers & Prosus CEO Bob van Dijk steps down with immediate effect; Ervin Tu, Group Chief Investment Officer appointed Interim CEO
Technology Investor Prosus and its parent body, Naspers announced that Bob van Dijk is stepping…
Airbnb is adding Zimbabwean-American James Manyika, Google’s “AI ambassador,” to its board of directors, the…
MTN South Africa has appointed Tumi Chamayou as chief enterprise business officer and Ernest Galelekile…
Tech giant Google has appointed Alex Okosi as the Managing Director for Africa. Before the…
Showmax CEO Yolisa Phahle has stepped down as she prepares to exit MultiChoice and begin…
Cryptocurrency
Binance CEO Changpeng “CZ” Zhao is set to step down from his role as CEO…
Stitch launches ‘Pay With Crypto’; Expands Cryptocurrency Payment Options in South Africa
South African payment platform Stitch has introduced “Pay With Crypto,” enabling customers to make payments…
Fintech company Paycorp has introduced a novel app, CryptoExpress, enabling users in South Africa to…
Kenya is on track to lead in shaping cryptocurrency regulations, with the Blockchain Association of…
Sam Bankman-Fried, who once ran one of the world’s biggest cryptocurrency exchanges, has been found…
Crypto Fest, a leading event for digital currencies and distributed ledger technology in Africa, is…