Iain Williamson, the Chief Executive Officer of Old Mutual, has announced his early retirement after working for 32 years with the company. The announcement was made on Monday, and his retirement will take effect on August 31, 2025. Williamson has played a vital role in shaping Old Mutual’s journey, especially since assuming the CEO role […]

On Monday, Vesti, a migration fintech company backed by Techstars, launched in Kenya to empower immigrants and foster financial inclusion in Kenya and abroad.  Vesti plans to serve 1 million more customers in 2025, and it sees significant opportunities for business expansion and talent acquisition in Kenya. In 2024, Vesti marked the opening of its […]

Zamtel Money‘s Managing Director Comfort Nyondo, and her team members recently paid Chilufya Mutale, the CEO of PremierCredit, and their team a courtesy call at their headquarters. According to the statement released on Monday, the conversations centred on finding common ground and exploring creative ways to grow the existing KaFast Loan collaboration on Zamtel Money. […]

The Bank of Zambia has stepped in to take control of Ecsponent Financial Services Limited, also known as MyBucks Zambia, over insolvency— the company has run out of money and can no longer pay its debts. This move, which happened on Sunday, February 16, 2025, was made according to the country’s Banking and Financial Services […]

In keeping with its mission to combine network expansion with meaningful community engagement, Safaricom Ethiopia donated 30 laptops and 6 Wi-Fi routers to three high schools in Hossaena on Monday. The company is also offering six months of free internet access to the schools to further support its digital education initiatives. In addition to offering […]

Elon Musk’s xAI is gearing up for its new Grok 3, a chatbot that promises to be the “smartest AI on Earth.” Musk said in a post on X that the announcement was made on February 16, 2025, and a live demonstration is scheduled for 8:00p.m. Pacific Time (5:00 a.m. Tuesday W.A.T). Musk has described […]

EcoCash Holdings Zimbabwe Limited announced a major leadership reshuffle on February 15, 2025. This transition comes as Tawanda Nyambirai, the new Group Chief Executive Officer, acquires a majority stake in the company, which includes the tech financial services firm Steward Bank as a subsidiary. Read also: Cassava Technologies names Geyser, Suleiman, other executives to drive […]

On February 14, 2025, Frogfoot Networks announced a significant South African telecommunications sector acquisition by purchasing American Tower Corporation Africa’s (ATC) fibre assets. This move underscores Frogfoot’s commitment to expanding its fibre network infrastructure nationwide. Read also: AXIAN Telecom rebrands subsidiaries to Yas, to unify operations across Africa Acquisition details of ATC’s fibre business Shane […]

Egyptian software-as-a-service (SaaS) startup Qme has successfully raised $3 million in a seed funding round led by AHOY, a multi-sector technology company, alongside strategic angel investors from the Gulf Cooperation Council (GCC). This investment was announced on February 16, 2025. Read also: UAE backs Tony Elumelu Foundation with $6 million to support 1,000 African startups […]

The Mohammed VI Polytechnic University (UM6P) is set to host its fifth annual Science Week 2025 from February 17 to 23 in Benguerir, Morocco. This event reflects Morocco’s growing leadership in scientific research and technological innovation.  Under the theme “Shaping the Future,” Science Week will gather world-renowned scientists, industry leaders, and students to explore transformative […]

Mahmud Tukur has been appointed to the position of Non-Executive Director of Providus Bank. The appointment which was announced on Monday was confirmed at the Bank’s Annual General Meeting, which took place at the Radisson Blu Anchorage Hotel on Victoria Island in Lagos. An award-winning worldwide business leader with thirty years of expertise in the […]

Cassava Technologies has announced several significant strategic changes to its executive team to drive the company to the next stage of growth and future competitiveness. The London-based tech group made the announcement on Monday, stating that the inclusion of new members to the executive team will support the successful rearrangement of Cassava’s business to create […]

In a move to strengthen Africa’s social enterprise ecosystem, Muazu Africa is set to launch an innovative initiative aimed at preparing social entrepreneurs to scale their solutions and attract critical funding. The program, called Product SKL x Muazu Africa, kicks off on February 22, 2025, and promises to empower product-based social enterprises with the tools […]

On Wednesday, February 12, 2025, dLocal, a leading cross-border payment platform, and AZA Finance, a fintech company specialising in payments and foreign exchange in Africa, have formed a strategic partnership to expand their service capabilities through mutual cross-selling. The collaboration combines dLocal’s payment infrastructure with AZA Finance’s foreign exchange capabilities and regional licenses, benefiting customers […]

The International Finance Corporation (IFC) announced a partnership with the Mohinani Group Limited to establish Polyethylene Terephthalate (PET) recycling plants in Ghana and Nigeria on February 12. This initiative, backed by a $37 million loan, will reduce plastic waste, create jobs, and enhance local economies. Read also: P1 Ventures bets big on Africa’s future with […]

Orange Tunisia on Friday debuted 5G, a superfast Internet that places the telecom at the forefront of innovation and marks a significant turning point in the nation’s digital development. 5G promotes Tunisia’s digital transition while meeting the increasing demands for connectivity among individuals and professionals. “5G from Orange Tunisia delivers an optimized customer experience with […]

The government of Chad is seeking collaboration with India to advance its digital industry. On Friday, February 14, Chadian Minister of Communications, Digital Economy, and Digitalisation, Boukar Michel, met with Indian Deputy Minister of Foreign Affairs, Sevela Naik Mude, who oversees Central and East Africa, to discuss the prospects of their partnership. Read also: Google […]

Sierra Leone on Thursday introduced its instant payment service through the national switch, enabling citizens to send money instantly between banks, mobile carriers, and bank accounts. This is part of the government’s effort to boost cashless economy. By April 1, all participants in the industry must integrate the system, which is already being used by […]

The Egypt Energy Show (EGYPES) 2025 will take place from February 17 to 19 at the Egypt International Exhibition Center under the patronage of President Abdel Fattah El-Sisi.  As one of the largest energy gatherings in Africa and the Mediterranean, the event will bring together over 47,000 industry professionals to discuss the future of energy […]

The Rwanda Stock Exchange (RSE) and the Ethiopian Securities Exchange (ESX) have signed a Memorandum of Understanding (MoU) in a calculated effort to promote cooperation and improve the sustainability and efficiency of the region’s capital markets. The collaboration which was revealed in a press release on Friday marks an important turning point in the two […]