Top 7 Investment Opportunities in South Africa This Year
South Africa stands as one of the most promising investment destinations in Africa. With a well-established infrastructure, a diverse economy, and abundant natural resources, it offers a wealth of opportunities for both local and international investors. Whether you’re interested in real estate, renewable energy, or the rapidly growing tech sector,
M-Pesa integrates with PesaLink, driving growth and financial interoperability in Kenya
Kenya’s financial space is undergoing a significant transformation as M-Pesa integrates with PesaLink, facilitating real-time interbank transactions. This strategic move enhances interoperability within the nation’s financial ecosystem, enabling seamless transactions across diverse financial platforms. By aligning with M-Pesa, PesaLink is poised to expand its user base substantially, leveraging M-Pesa’s extensive
Eko DisCo sells 60% stake to Transgrid Enerco
Eko DisCo sells 60% stake to Transgrid Enerco Limited, a consortium comprising North South Power Company Limited (NSP), Axxela Limited, and the Stanbic IBTC Infrastructure Growth Fund (SIIF). On January 21, 2025, the group finalized a share purchase agreement to acquire this significant equity in Nigeria’s second-largest electricity distribution company.
Globacom’s CEO steps down amid regulatory pressures
Globacom’s CEO steps down amid regulatory pressures as Ahmad Farroukh, who assumed the role in October 2024 at Nigeria’s leading telecommunications company, Globacom, resigns unexpectedly. While the company hasn’t officially commented, reports suggest that Farroukh faced difficulties adapting to Globacom’s centralized management style, which is heavily influenced by its founder,
Naked, a South African insurtech firm, raises $38M to deepen its investment in automation and AI
Naked, a South African insurtech firm, has successfully raised $38 million (around R700 million) in its Series B2 funding round. This investment was spearheaded by global impact investor BlueOrchard and included increased contributions from existing backers such as Hollard, Yellowwoods, the International Finance Corporation (IFC), and Germany’s development finance institution,
Top 10 Investment Opportunities in Nigeria This Year
Nigeria has one of the largest economies in Africa. Despite the inflation that has befallen the once giant of Africa, there still remain top investment opportunities that are rewarding and worth buying into. In 2025, it is important to invest your money wisely and not let it sit idle. With
What is a Portfolio Company?
In the world of private equity, venture capital, and corporate investments, what is a portfolio company, frequently comes up. But what does it really mean, and why is it significant? Whether you’re an entrepreneur seeking funding or someone interested in the mechanics of investment strategies, understanding the concept of a
Nigeria becomes 13th most vulnerable country to cyberattacks
Between May and December 2024, Nigeria becomes 13th most vulnerable country to cyberattacks in seven months, climbing from the 35th to the 13th position on the Global Threat Index. During this period, the country’s normalized risk index escalated from 46.5% to 62.3%, indicating heightened vulnerability to cyber threats. The Global
Meta to launch Edits to compete with CapCut
Meta to launch ‘Edits,’ a new video editing application designed to rival existing tools like CapCut. This strategic move aims to enhance Meta’s creative ecosystem by providing users with advanced features, including artificial intelligence, to produce high-quality video content seamlessly integrated with its platforms. The ‘Edits’ app offers a comprehensive
Accra Metropolitan Assembly simplifies business permit payments
The Accra Metropolitan Assembly (AMA) has introduced a shortcode-based payment platform to facilitate the acquisition of business operating permits and the payment of property rates. By dialing 22233# for business permits and 22255# for property rates, business owners and residents can now complete transactions directly from their mobile devices, eliminating
