Africa’s 5G Pioneer Hits Over $1 Billion valuation
South African mobile network operator, Rain, has released its interim results for the six months that ended in December 2023. The statement shows that the service is now worth over R23 billion (a little over $1 billion). The valuation is according to African Rainbow Capital Investments (ARCI), an investment holding
Zone raises $8.5m in Seed Funding to Scale its Infrastructure
Sub-Saharan Africa faces the burden of the world’s highest remittance costs. Sending just $200 to the region has become even more expensive, with the World Bank reporting a rise in average cost from 7.2% in Q2 2022 to 7.9% in Q2 2023. In a bid to revolutionise this landscape, Appzone
Seed Funding for African Startups This Year
Raising funding for a startup can be complex with shares, stock, compliance, rights and even deciding on the type of funding that’s right for you. Seed funding is the name for the initial amount of funding that a startup raises to cover costs for anything from product development and research
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14 Best Clothes for Safari Tanzania This Year [+ Infographic]
Planning the best clothes for safari Tanzania can be a tricky task. For most of us, going on safari is a trip of a lifetime, and not something we do often. Chances are, if you’re reading this blog post on best clothes for safari Tanzania, this is your first ever
Who is Aigboje Aig Imoukhuede, Pioneer Access Bank CEO?
Mr. Aigboje Aig-Imoukhuede is an investor, banker and philanthropist. With a track record of major accomplishments in both for-profit and not-for-profit initiatives within Nigeria and beyond. As co-founder of the Tengen Family Office, Aig-Imoukhuede oversees a multibillion-dollar portfolio of investments and businesses in banking, finance, insurance, technology, real estate and
Angola Turns to SACS Cable to Minimize Internet Interruptions
Angola and other African countries have redirected international data and traffic to the South Atlantic Cable System (SACS) cable to reduce significant internet outages across the continent, caused by undersea cable breakages. Angola Cables alerted the public yesterday that, while the reason of the reported cable breaks off the Ivory
16 Photography Marketing Strategies to Grow Your Business
Starting your own business is never an easy task – and in the photography industry, it would be no different. The revenue used in operating costs, such as renting the studio and the monthly expenses associated with it, the purchase of hardware, work tools and utilities, tends to be so
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Clothes to Wear in Tanzania Safari This Year [+ Infographic]
Planning the clothes to wear in Tanzania safari can be a tricky task. For most of us, going on safari is a trip of a lifetime, and not something we do often. Chances are, if you’re reading this blog post on clothes to wear in Tanzania safari, this is your
MTN Partners with Omnispace to Deploy Satellite Services
Omnispace, based in the United States, has teamed with MTN Group to explore the usage of S-band satellite services in order to broaden Africa’s largest mobile operator’s wireless service portfolio in its markets. MTN Group offers mobile, data, finance, digital, enterprise, wholesale, and API services to over 290 million subscribers
Airtel Africa Starts Construction of First Data Centre in Nigeria
Airtel Africa has formally started building its first data facility in Lagos, as part of its new data centre business, Nxtra. The Nxtra data centre project in Nigeria is expected to provide jobs for over 1000 Nigerians. Segun Ogunsanya, the company’s Group CEO, revealed this at the project’s groundbreaking ceremony
