Latest News
As EVs present a cleaner and more sustainable alternative to traditional internal combustion engine vehicles,…
ORA Technologies, a superapp based in Morocco, has successfully raised $1.9 million in a pre-Series…
The Emerging Africa & Asia Infrastructure Fund (EAAIF), managed by Ninety One, has announced a…
Online shopping was revolutionary at its start. An ingenious invention during its peak, these mobile…
BasiGo, a leading provider of electric bus solutions in sub-Saharan Africa, has announced a significant…
The establishment of Africa’s largest distributed renewable energy provider has taken a significant step forward…
Food delivery platform Talabat Holding has successfully completed the acquisition of InstaShop, a prominent online…
Microsoft has announced a major investment of ZAR 5.4bn to expand its cloud and AI…
AfriGO, Nigeria’s national domestic card scheme, has announced a strategic partnership with fintech giant PalmPay…
In a groundbreaking initiative poised to transform mobile connectivity for Nigerian travelers, EMOSIM, a mobile…
Frustrated by the steep commissions charged by leading ride-hailing platforms, a collective of Nigerian drivers…
Egyptian artificial intelligence startup Widebot has successfully secured $3 million in pre-Series A funding to…
CI Capital, a prominent diversified financial services group, has partnered with Compass Capital for Financial…
Sahel Capital has successfully secured a $400,000 working capital loan for MM LEKKER through its…
Business
Phuthi Mahanyele-Dabengwa, the current CEO of Naspers South Africa, will be appointed as an executive director and will serve on the boards of both Naspers, which is listed on the Johannesburg Stock Exchange (JSE), and its subsidiary Prosus, which is listed in Amsterdam. Her appointment to these prestigious positions will…
South Africa’s Minister of Trade, Industry, and Competition is challenging a decision by the nation’s Competition Tribunal that blocked Vodacom Group Ltd.’s R13.2 billion deal to acquire a stake in Remgro Ltd.’s fibre businesses. Parks Tau, who oversees the competition regulators in the country, is seeking to overturn the Tribunal’s…
Senegal-based startup Solarbox Africa, specializing in e-mobility and energy solutions, has successfully closed a US$1 million pre-seed funding round. This funding will enable the company to meet the growing demand for its solar-powered electric vehicles (EVs) in Senegal and the broader West African region. Founded in 2022 by Tijan Watt…
The board of directors at MTN Group has decided to extend the contract of CEO Ralph Mupita by an additional five years. Initially, Mupita’s contract was set to expire at the end of September next year, but it has now been extended until August 2030. MTN, which holds the title…
Partners
Startup
Africa’s startup ecosystem is booming, brimming with innovative solutions tailored for the continent’s unique challenges.…
Seven innovative African startups have been chosen as finalists for the 2024 edition of the…
In a recent legal development, a Kenyan court has delivered an unexpected verdict that impacts…
eMsika, a pioneering agri-tech enterprise based in Zambia, has been making waves in the agricultural…
In a significant development for cybersecurity, Moroccan startup Defendis has introduced an innovative AI-powered platform…
On Monday, June 10, the stock price of Jumia, the prominent e-commerce platform in Africa,…
people
Andre Iguodala, a member of the three-time reigning NBA champion Golden State Warriors, has joined…
Meng Wanzhou, Huawei’s Chief Financial Officer has filed a lawsuit against Canadian border and police authorities…
According to Bloomberg in its Bloomberg Billionaires Index, Nigerian Aliko Dangote is the 65th richest…
Oye Akideinde, former Regional Director for Boomplay Music in West Africa has been appointed as…
The battle between Please Call me inventor Nkosana Kenneth Makate and his former employer Vodacom…
Strive Masiyiwa, the Founder and Executive Chairman of the Econet Group, says mini-power grids based…
Cryptocurrency
DECENT, the international blockchain company behind the DCore technology, released the official DECENT Wallet for iOS devices…
In an effort to promote the widespread adoption of crypto, a team of developers have created…
Sequel to securing US$1.5 million in a funding round fostered by US-based Bittrex, South African…
JP Morgan, the largest bank in America and sixth largest in the world, is launching…
The contribution of the financial-technology industry to sub-Saharan Africa’s economic output will increase by at least $40 billion to $150 billion by 2022, according to Financial Sector Deepening Africa, a development-finance organization.
In May, HTC revealed plans for a smartphone powered by blockchain. Well, it seems the smartphone…