Gradely, a Nigerian edtech company named Adebayo Alomaja, Deputy CEO. Since joining Gradely as a tutor in 2019, Adebayo Alomaja has helped the company’s international tutoring business reach six-figure yearly recurring revenue. Alomaja, popularly called“BayoGPT,” will focus on Gradely’s growth strategy and its effect on his new job. Gradely was officially launched in 2021 by […]

Egypt’s leading fintech company, Valu, is gearing up for a major milestone—its initial public offering (IPO) on the Egyptian Exchange (EGX) in 2026.  This strategic move, approved by its parent company EFG Holding, will see up to 25 percent of Valu’s shares listed on the stock market, making it the second-ever fintech IPO in Egypt […]

Telkom South Africa announced on Tuesday that it will raise prices for its fixed broadband and voice services, effective April 1, 2025. This decision comes in response to increasing operational costs and external economic pressures, including rising inflation, energy costs, and a weakened exchange rate. Reasons behind the price adjustments The price hikes are attributed […]

In Senegal, a massive mining operation, the Grande Côte Mineral Sands project, is dramatically altering the country’s coastal dunes, sparking heated debate.  Since 2014, French mining giant Eramet has been extracting zircon and other valuable minerals, displacing farmers and disrupting a fragile ecosystem. While the company touts economic benefits, opposition from local communities, environmentalists, and […]

Nairobi-based logistics startup Leta received $5 million in seed funding on Tuesday to build its AI-powered logistics platform. This investment round was headed by European VC Speedinvest and supported by Google’s Africa Investment Fund and Equator, an Africa-focused climate tech fund. Leta’s AI platform streamlines businesses’ logistics operations Leta’s AI-powered platform optimises delivery routes, tracks […]

On March 13, 2025, Mirova’s Gigaton Fund announced its partnership with KOKO Networks to support the expansion of clean cooking solutions in Kenya and Rwanda. KOKO Networks, a climate-tech company specialising in bioethanol cooking fuel utilities, aims to provide mass-market households with ultra-clean fuel, reducing reliance on deforestation-based charcoal. John Kimotho, Investment Director at Mirova […]

The first Zambia Digital Week 2025 (Zam-DW 2025) will be held from March 24 to 26, 2025, at the Mulungushi International Conference Centre in Lusaka, Zambia. The event is organised by Loita Business in partnership with the Ministry of Technology and Science-Zambia, Smart Africa, African Export-Import Bank (Afreximbank), Payments Association of Zambia and Invest Africa. […]

MTN Group and Huawei signed a Memorandum of Understanding (MoU), renewing their long-term partnership to promote sustainable digital development across Africa. The agreement establishes a framework to explore opportunities in cloud-based technologies, digital infrastructure, and advanced connectivity solutions. Huawei shared the news on its LinkedIn page on Monday, stating, “At #MWC25, MTN Group and #Huawei […]

Angela Kyerematen-Jimoh, a renowned Ghanaian business leader, has recently launched a new technology company called Brainwave Africa Tech. This venture marks another milestone in her illustrious career, which spans over two decades in the financial services and technology sectors across Africa and Europe. Before founding Brainwave Africa Tech, Angela held key leadership positions at prominent […]

Nsano Ltd, a leading pan-African fintech company, has expanded its footprint into East Africa by launching a new regional office in Rwanda. This move follows the company’s approval by the National Bank of Rwanda, which granted Nsano both Payment Aggregation and Payment Remittances Service Licenses under Categories II and III. Founded in Ghana in 2013, […]

Klaim, a pioneering healthcare payment acceleration company, raised $26 million to grow its AI-driven healthcare payment solutions across the Middle East and North Africa (MENA), according to a statement on Monday.  This investment includes $10 million in Series A equity funding and an additional $16 million financing fund, which will be used to drive regional […]

Tech billionaire Elon Musk on Friday had scathing words for President Cyril Ramaphosa-led administration, accusing the South African government of deliberately withholding approval for Starlink’s operating licence because “I’m not Black.” According to Musk, the only reason Starlink was denied a licence in South Africa was because of his race, in his most recent criticism […]

MENA’s award-winning payment powerhouse, PayTabs Group, announced the acquisition of PayTabs Egypt on Thursday, shortly after acquiring the company’s majority stake. PayTabs Group is now able to provide even more specialised solutions to satisfy the demands of Egyptian merchants, support financial inclusion, and broaden its regional reach after acquiring full ownership. “We are excited to […]

The 4th Ghana Fintech Awards celebrated the best in the country’s digital finance industry, with 19 institutions and five individuals recognised for their outstanding contributions. Organised by the Ghana Fintech and Payments Association (GFPA) in collaboration with Arkel Limited, the event showcased innovation, compliance, and strategic partnerships driving Ghana’s fintech landscape forward. At the top […]

Citi, Visa, and Cellulant introduced Citi Optimized Pay, a card payment solution, on Wednesday to improve cash flow for Kenyan SMEs. This innovative platform uses Cellulant’s Tingg payment gateway and helps suppliers overcome major obstacles like late payments and a lack of financing choices. Read also: Kenya’s I&M Bank opens new branch in Mtwapa Citi […]

Lagos State Governor Babajide Sanwo-Olu on Wednesday approved a request by FirstBank Group to build a 40-storey headquarters in Eko Atlantic City. Governor Sanwo-Olu presented a certificate of withdrawal to the bank officials at the building groundbreaking attended by prominent figures including Vice President Kashim Shettima, business magnate Aliko Dangote, and FirstBank’s chair, Femi Otedola. […]

Vodacom South Africa has lost its legal battle against the spectrum pooling agreements of its competitors, MTN, Cell C, and Liquid Intelligent Technologies. Vodacom’s request for an urgent interdict to stop these arrangements until a full trial on their legality was denied by the Pretoria High Court. The decision was made public on Tuesday. Vodacom […]

Khula, an AgriTech firm in South Africa, raised a staggering R126 million from current investors, which included Absa Bank, AECI, E Squared Investments, and PepsiCo’s Kgodiso Fund, according to a statement on Monday. This financing round shows investors’ confidence in the company’s revolutionary approach to agricultural efficiency and production. Khula’s funding and investor confidence Khula’s […]

Safaricom on Monday announced the adoption of Red Hat OpenShift as the foundational platform for its apps, including the popular M-PESA mobile payment system. Already, Safaricom’s transactions across Africa exceed $314 billion annually, with over 45 million subscribers and 51 million M-PESA users. By 2025, Safaricom aims to establish itself as Africa’s foremost technology-driven company. […]

MTN Ghana handed over a cutting-edge ICT centre to Yilo Krobo Senior High School on Thursday, February 27, stating it had identified a digital learning gap that the centre could breach. Yilo Krobo Senior High School is situated in Somanya, the Eastern Region of Ghana. The facility was set up with 40 modern computers to […]