Latest News
Leta, a fast-growing Kenyan startup specializing in logistics software, has officially launched operations in Ghana,…
OpenAI is gearing up to disrupt the web browser market with the launch of its…
Meta has finally launched direct messaging (DM) with its most recent worldwide update, giving Instagram…
Samsung has once again pushed the boundaries of mobile innovation with the launch of its…
In 2016, a little-known Indian company made an announcement that stunned the global tech industry:…
Hinckley E-Waste Recycling Secures Investment to Build Nigeria’s First Battery Recycling Plants
Hinckley E-Waste Recycling Ltd, a trailblazer in Nigeria’s circular economy, has secured fresh backing from…
Linda Yaccarino announced that she is stepping down as CEO of 𝕏. According to her…
Some products fail without anyone noticing, while others fail dramatically and spectacularly. The Amazon Fire…
Development Partners International (DPI), a premier pan-African investment firm, together with a consortium of its…
Global investment firm Carlyle has entered into a definitive agreement to divest its portfolio company,…
The Dangote Refinery’s decision to lower the ex-depot (gantry) petrol price by ₦820 per litre…
In a significant regulatory reversal, South Africa’s Competition Tribunal has conditionally approved Vodacom’s R13.2 billion acquisition of a minority…
South African fintech startup Stitch has announced the acquisition of Efficacy Payments, a licensed digital payments company, in…
Kholo Capital Mezzanine Debt Fund I has committed R200 million (approximately $11.2 million) in mezzanine growth funding to Bayport…
PRODUCTS
Business
In a significant regulatory reversal, South Africa’s Competition Tribunal has conditionally approved Vodacom’s R13.2 billion acquisition of a minority stake in Maziv, the parent company of Dark Fibre Africa (DFA) and Vumatel. The deal, previously blocked in 2024 due to competition concerns, will now proceed under a stringent set of behavioural and investment-related conditions designed to safeguard market…
South African fintech startup Stitch has announced the acquisition of Efficacy Payments, a licensed digital payments company, in a move that significantly strengthens its position in the country’s financial infrastructure landscape. This marks Stitch’s second strategic acquisition in six months, following its January 2025 purchase of ExiPay, and positions the company as one of…
Following the success of its inaugural cohort, the RevUp Women Initiative has officially launched its Nigeria Edition, reaffirming its commitment to empowering women-led businesses across Africa. This expansion aims to provide targeted support to 150 women entrepreneurs in Lagos, Abuja, and Abia, with a strategic focus on agribusiness and e-commerce—two sectors with high potential for scalable…
Redington Turkey and Mastercard have recently formed a partnership that appears to be both timely and strategic, in midst of rapidly evolving cyber attacks. It’s not a flashy acquisition or merger, but rather preparing for heightened digital dangers through synchronized attacks. Redington Turkey, part of the global Redington group with…
Partners
Startup
Verto, a fintech company specializing in global payments and cross-border transactions, has launched the Verto…
Nsano Ltd, a leading pan-African fintech firm, has announced the launch of a regional office…
IvoryPay, a blockchain-powered payment and remittance platform designed to facilitate stable cryptocurrency payments for businesses…
The Milken Institute and the Motsepe Foundation have officially announced the three teams that have…
Equator, a venture capital firm focused on Africa, has successfully raised $55 million for its…
South African Internet of Things (IoT) startup Sensor Networks, specializing in insurance technology, has announced…
people
Olumide Balogun, former Google’s head of Consumer Apps for Sub-Saharan Africa, has now assumed the…
SA’s fourth-biggest mobile operator, Cell C, said on Wednesday its CFO Lerato Pule had tendered…
Tesla’s chief financial officer, and one of Elon Musk’s closest lieutenants, Zach Kirkhorn, stepped down from…
The battle of the bloviating billionaires could be on hold for the foreseeable future. Elon Musk says…
Nikola Corp. President/CEO Michael Lohscheller is leaving the top executive positions due to a family…
Reed Jobs is stepping into the spotlight: The 31-year-old son of Steve Jobs and Laurene…
Cryptocurrency
In a recent development that has caught the attention of cryptocurrency enthusiasts and financial market…
On Friday, crypto marketplace Patricia announced the launch of its new retail app – Patrica…
EMURGO Africa Invests $250k in Changeblock: Revolutionizing Carbon Trading with Blockchain Technology
EMURGO Africa has announced a significant investment of USD 250,000 in Changeblock. This strategic move…
Over the weekend, law enforcement conducted a raid on a Nairobi-based warehouse belonging to the…
In an era where digital currencies and web3 environments are gaining increasing prominence, PayPal has…
GameStop is pulling the plug on its crypto locker after only a year. An alert posted this week to…