South African PE fund to acquire 35% stake in Kenya’s Mawingu Networks
Pembani Remgro Infrastructure Fund II (PRIF II), a South African PE fund to acquire a 35% stake in Mawingu Networks, a Kenyan internet service provider, in a deal that will hand the fund controlling interest in the company. The proposed transaction, currently under review by the Comesa Competition Commission (CCC), comes eight
25 Business Mistakes We Made (& How You Can Avoid Them)
When we started our previous businesses, we were full of passion and big ideas. We believed they were going to succeed—and for a while, so did everyone around us. But one by one, those ventures fell apart. It wasn’t because our ideas were bad. It was because of mistakes we
Mediamax to lay off undisclosed number of employees
Parent company of K24 TV and People Daily, Mediamax, to lay off undisclosed number of employees, its sixth round of job cuts in four years. The media company cited shifting consumer habits, accelerated digital disruption, and what it termed as punitive government regulations as reasons for the latest restructuring. Mediamax
How to Legally Protect Your Startup Idea in Africa
How to protect your startup idea is one of the first questions every aspiring entrepreneur should ask—especially in a fast-growing and competitive market like Africa. With innovation thriving across the continent, from fintech to agritech, ensuring your idea is legally safeguarded can mean the difference between long-term success and costly
Top 15 Grants for African Startups This Year
If you’re a founder looking for grants for African startups, you’re in luck! Several organizations are actively providing grants to support businesses across various industries. These grants offer more than just capital—they open doors to mentorship, global networks, and long-term scalability. Whether you’re into agribusiness, fintech, green technology, or community
Safaricom CEO Peter Ndegwa increases stake to $1.73 million
Safaricom CEO Peter Ndegwa has increased his stake in the telecom giant by 40% to 8.7 million shares in the year ended March 2025, according to the company’s latest disclosures. Ndegwa, appointed Safaricom CEO in April 2022, has significantly increased his stake in the company over the past two years, from
20 Most Funded Startups in Africa Still Active This Year
Most funded startups in Africa are no longer just local success stories—they’re global contenders attracting billions in venture capital and reshaping industries. These companies are solving deeply rooted challenges with bold, scalable solutions, and in doing so, they’re pulling in the kind of funding that was once reserved for Silicon
These 3 Entrepreneurs are Revolutionizing Agriculture in Tanzania
In recent years, Tanzania has witnessed a dramatic increase in official support—agricultural budget allocations have surged from TZS 294 billion in 2021/22 to approximately TZS 1.25 trillion in 2024/25, marking a more than 300% boost over four years. This injection of funding has translated into impressive gains on the ground: food crop production jumped
Engage Capital bids $24.5 million to acquire Lipa Later
Kenyan-focused venture capital firm, Engage Capital, bids $24.5 million to acquire Lipa Later, a Kenyan buy-now-pay-later startup that went into administration in March 2025 after failing to raise new capital, according to three people familiar with the matter. Engage Capital sent a letter of intent (LOI) to LipaLater in mid-May, proposing to
15 Best Free AI Tools for Small Business Owners This Year
We can only imagine what running Today Africa could look like without these free best AI tools for small business owners. Trust me, it would be exhausting and inefficient, and we wouldn’t at this stage of our journey, simply because there won’t be enough hours in the day. So, as
