Latest News
Elon Musk’s Starlink satellite internet service may soon be beaming down to South Africa, as…
Ghana is stepping up its fight against cybercrime with the launch of a comprehensive National…
Immobazyme, a biotech company based in Stellenbosch, and UVU Bio, the biotechnology division of UVU…
Previously recognized as WorldRemit, Zepz has successfully garnered $267 million in a funding round supported…
TUNL, a prominent shipping platform based in South Africa that caters to ecommerce exporters, has…
MTN Congo has proudly announced the rollout of its 5G network in the Republic of…
The Nigerian government, through the Ministry of Communications, Innovation, and Digital Economy, is taking significant…
OpenAI has secured a significant financial boost by establishing a $4 billion revolving line of…
Fincra, a leading payment infrastructure provider focused on simplifying online transactions across Africa, has received…
Capitec, South Africa’s second-largest retail bank, is deepening its foray into the entertainment sector through…
Scale, an emerging South African startup specializing in brand and project management services tailored for…
ARISE Integrated Industrial Platforms (ARISE IIP), a prominent developer and operator of industrial parks in…
EdVentures, the venture capital branch specializing in educational technology under the umbrella of the Nahdet…
The Board of Directors of the African Development Bank (AfDB) Group has sanctioned a loan…
BUSINESS
Capitec, South Africa’s second-largest retail bank, is deepening its foray into the entertainment sector through a new partnership with MultiChoice, the parent company of DStv. This collaboration will provide Capitec’s 12 million active app users with access to discounted DStv Stream plans, further enhancing the bank’s value proposition and solidifying…
Lesaka Technologies, a fintech firm listed on the Nasdaq, has successfully finalized the purchase of Adumo, another fintech entity, for a total consideration of $96 million. The transaction was a combination of cash and stock, with Lesaka disbursing $13 million in cash. The acquisition price saw an increase of $10…
MultiChoice Kenya has announced an impending price adjustment for its DStv subscriptions, with increases of up to KSh500 set to take effect from November 1, 2024. The adjustment will see the cost of the DStv Premium package rise to KSh11,000 from the current KSh10,500, while the Compact Plus package will…
inDrive has broadened its service offerings throughout Zimbabwe, now operating its ride-hailing services in four key cities: Harare, Bulawayo, Gweru, and Mutare. Additionally, the company has introduced a new courier service in Harare, Zimbabwe’s capital, enhancing convenience for its customers. This new courier offering allows both individuals and businesses to…
Startup
The South African-based international calling application, Talk360, has successfully garnered $1.4 million in a pre-Series…
Shipbubble, a Nigerian startup founded in 2022, is swiftly transforming the e-commerce landscape by connecting…
NBA Africa, a key affiliate of the National Basketball Association (NBA) dedicated to managing the…
TechCrunch has unveiled the much-anticipated Startup Battlefield 200 for the year 2024, showcasing a diverse…
The Egyptian food-tech startup Brotinni, which specializes in innovative dark butcher solutions for the meat…
Moove, the Nigerian startup that provides vehicle financing for ride-hailing services and is backed by…
people
Tosin Osinbodu, the founder of Nigerian startup, Chaka, has exited the company five months following…
Frederik Zietsman has been named the new group chief executive officer of online retailer Takealot.…
Thabi Leoka, an economist under scrutiny, has stepped down from her role on the board…
Dan Marokane, the new CEO of Eskom, is set to take up his duties 30…
John Felton, Amazon’s top logistics executive, is set to take the reins as the Chief…
Norwegian technology firm, Kongsberg Precision Cutting Systems (PCS), is venturing into more opportunities in the…
Cryptocurrency
AltCoinTrader, a prominent cryptocurrency exchange based in South Africa, has recently achieved a significant regulatory…
Crypto exchange VALR has confirmed that it has acquired the necessary approval from the South…
Bitcoin, the world’s most popular cryptocurrency, is gearing up for a critical event this April…
Sam Bankman-Fried, the co-founder of the former cryptocurrency exchange giant FTX, has initiated legal procedures…
Luno, a firm specializing in cryptocurrency, has been granted a license by the South African…
Binance executive, Tigran Gambaryan, was detained and faced charges of money laundering presented to him…