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
Grow Your Business on a Budget with These Free Tools for Entrepreneurs
Today, there’s a wide range of free tools for entrepreneurs available to help them handle everything from customer service to financial management, all without breaking the budget. With the right tools, even a solo founder can look and operate like a million-dollar company, speeding up invoicing, marketing, and staying organized.
25 Free Google Tools For Your Business This Year
Do you know there are free Google tools for business? If you didn’t know before now, you’re about to learn these free Google tools that help streamline processes, enhance productivity, and improve online visibility. And access to these tools can make all the difference in how you operate your business, market
From Idea to IPO: African Startups Making Global Headlines
Africa’s tech scene has exploded in recent years, and its homegrown startups are hitting major milestones. Venture-capital-fueled growth has turned dozens of ideas into billion-dollar companies, and some are now taking the ultimate step of going public. In fact, by early 2025, nine African tech startups had reached “unicorn” status (valued over
Equity Group takes fraud fight to Uganda post-1,200 Kenya layoffs
Kenya’s second-largest bank by assets, Equity Group, takes fraud fight to Uganda, two months after sacking over 1,200 employees in Kenya over links to suspect dealings, including fraud. In Uganda, the bank has launched what it’s calling a “culture of accountability” campaign, a group-wide push to tighten internal controls, promote ethical behaviour,
Stitch acquires Efficacy Payments to become a direct card processor in South Africa
South Africa-based payments infrastructure company, Stitch acquires Efficacy Payments, a digital payments startup with direct access to the national clearing system. The acquisition gives Stitch control over every layer of the card payment stack, making it one of the first fintechs in South Africa to offer end-to-end card-acquiring services without
