Nigeria’s inflation slows in third consecutive month to 22.22%

July 18, 2025
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Nigeria’s inflation slows in third consecutive month, slowing sharply to 22.22% in June, a figure that

South African PE fund to acquire 35% stake in Kenya’s Mawingu Networks

July 17, 2025
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Pembani Remgro Infrastructure Fund II (PRIF II), a South African PE fund to acquire a 35%

Mediamax to lay off undisclosed number of employees

July 16, 2025
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Parent company of K24 TV and People Daily, Mediamax, to lay off undisclosed number of employees,

Safaricom CEO Peter Ndegwa increases stake to $1.73 million

July 15, 2025
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Safaricom CEO Peter Ndegwa has increased his stake in the telecom giant by 40% to 8.7

Engage Capital bids $24.5 million to acquire Lipa Later

July 14, 2025
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Kenyan-focused venture capital firm, Engage Capital, bids $24.5 million to acquire Lipa Later, a Kenyan buy-now-pay-later

Equity Group takes fraud fight to Uganda post-1,200 Kenya layoffs

July 11, 2025
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Kenya’s second-largest bank by assets, Equity Group, takes fraud fight to Uganda, two months after sacking over

Stitch acquires Efficacy Payments to become a direct card processor in South Africa

July 9, 2025
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South Africa-based payments infrastructure company, Stitch acquires Efficacy Payments, a digital payments startup with direct access

Can roaming turn things around for 9mobile?

July 8, 2025
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Once a major force in Nigeria’s internet market, 9mobile now holds just over 1% of the

Safaricom CEO becomes highest-paid NSE executive with $2.2 million

July 8, 2025
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Safaricom CEO Peter Ndegwa earned a total compensation of KES 294.2 million ($2.2 million) for the

African startups raised $1.2 billion in H1 2025

July 7, 2025
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African startups raised $1.2 billion in the first half of 2025, marking an 86% increase over