Safaricom’s profit in Ethiopia plunged by 17.7 percent to KES 28.1 billion, down from KES 34.1 billion, according to the company’s half-year financial report released on Thursday. As one of Africa’s leading telecom operators,  the decline in profit for the half-year that ended September 30, 2024 was largely attributed to the depreciation of the Ethiopian […]

Truecaller’s board of directors has appointed Rishit Jhunjhunwala as the new CEO of the company, reshuffling positions to allow co-founders, Alan Mamedi and Nami Zarringhalam take a backseat on running the company. Truecaller’s co-founders, Messrs Mamedi and Zarringhalam, are transitioning from their operational roles within the company, according to a statement on Wednesday.  Read also: Truecaller […]

ChitChat, a leading African social commerce platform, has launched a new remittance feature enabling users to send and receive money seamlessly across 13 countries worldwide. The new feature, released on Monday, November 4, enhances the platform’s existing financial services. It allows users to access cross-border transfers directly within chat conversations. It is supported by a […]

Kotani Pay, a licensed on-ramp and off-ramp service provider, is expanding its operations into Rwanda and Uganda. This is a significant step in enhancing digital payment accessibility across East Africa.  The fintech company announced the expansion via X on Wednesday, October 30: “Exciting news! Kotani Pay has expanded its on-ramp and off-ramp services to Rwanda […]

Kisumu City is set to host Kenya’s inaugural E-Mobility Youth Skills Forum and Motor Show from November 1–3, 2024, with a central theme, “Accelerate to Green.” The event aims to engage Kenyan youths in the green technology and electric mobility sectors, covering topics such as reducing emissions, transitioning to green energy, and advancing EV innovations […]

Rwanda’s High Commissioner to Singapore, Jean De Dieu Uwihanganye, joined influential diplomatic and global leaders at the Singapore Week of Innovation and Technology (SWITCH) 2024 opening ceremony, signalling Rwanda’s commitment to the global tech landscape. Held on Monday, October 28, at Marina Bay Sands and hosted by Enterprise Singapore, SWITCH 2024 brings together over 300 […]

According to a research released this week by the Global System for Mobile Communication Association (GSMA), 76 percent of Ethiopians still lack access to mobile Internet. The results showed that the majority of people without mobile Internet access reside in places where mobile networks are available. According to the report, closing the gap is essential […]

Nigeria has formed a strategic alliance with Switzerland through the École Polytechnique Fédérale de Lausanne (EPFL) Innovation Park, led by Chief Uche Nnaji, Minister of Innovation, Science, and Technology. In a statement released on Saturday, Dr Felix Ale, Director of Media and Corporate Communications at the National Space Research Development Agency, announced and shared details […]

In response to News Corp’s recent lawsuit, Perplexity, an AI-powered search startup, publicly addressed the allegations of copyright infringement, pushing back against the media industry’s concerns regarding AI’s impact.  Filed by News Corp earlier in the week, the lawsuit claims Perplexity News Corp, in the lawsuit filed earlier in the week, claimed Perplexity committed extensive […]

African small and medium-sized enterprises (SMEs) and startups often face challenges securing the right technology and expertise to grow in an increasingly competitive global market. Limited access to technology, scarce resources, and competitive pressures make it difficult for these businesses to scale effectively. That’s where Primatec, an IT solutions provider, steps in. With a mission […]

As part of a new plan to restructure Nigeria’s tax system, the federal government has proposed a five percent excise fee on gaming and betting operations, as well as telecom services. The bill was obtained from the National Assembly on October 4, 2024, and was titled “A Bill for an Act to Repeal Certain Acts […]

The National Information Technology Development Agency (NITDA) and the Economic Community of West African States (ECOWAS) have collaborated with other key stakeholders to strengthen the cybersecurity skills of West African youths, a critical move to safeguard the region’s digital infrastructure. This initiative is a strategic response to the growing threat of cybercrime in West Africa. […]

The South African Artificial Intelligence Association (SAAIA) on Tuesday, made a submission to the Information Regulator of South Africa that LinkedIn was harvesting citizens’ personal information to train AI models without their consent. The association advocates for the responsible use of AI in South Africa. Dr Nick Bradshaw, the founder of SAAIA, said it was […]