KCB Group, Kenya’s largest bank with a market capitalization of $963.3 million (KES 124 billion), recently completed a major technological migration, transferring its entire IT infrastructure...
The Tanzanian government has dealt a significant blow to press freedom in the country, suspending the operations of Mwananchi Communications, a subsidiary of Kenya’s Nation Media...
BasiGo, a leading Kenyan electric bus startup, has secured a significant funding boost of $41.5 million, enabling it to accelerate its mission of electrifying public transportation...
Jumia, one of Africa’s most prominent e-commerce platforms, has made a bold move by withdrawing from two key markets—South Africa and Tunisia. This decision marks a...
FlapKap, an Egypt-based startup offering revenue-based financing to small and medium-sized enterprises (SMEs), has secured $34 million in a pre-Series A funding round. The company, which...
Risevest, a leading Nigerian fintech platform, has made a significant strategic move by entering the Kenyan market and acquiring Hisa, a popular local investment platform. This...
As we transition into the second half of 2024, Africa’s investment landscape continues to evolve, shaped by a combination of global economic dynamics, regional developments, and...
The Decline of Global Investor Activity in Africa’s VC Market in H1 2024 has become rising strong concern in the Africa Venture Market.The first half (H1)...
The traditional office-centric work model is undergoing a seismic shift. Advances in technology, coupled with a growing demand for work-life balance, have propelled remote work into...
MTN Group, one of Africa’s largest and most influential telecommunications companies, recently shocked investors by forecasting a significant decline in its earnings per share (EPS) for...