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
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
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
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
Can roaming turn things around for 9mobile?
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
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
African startups raised $1.2 billion in the first half of 2025, marking an 86% increase over
South Africans ditch cash and cards for digital payments
A new “State of Consumer Payment” report by Stitch in partnership with a global research firm, Censuswide, shows
Starlink resumes direct shipments to Lagos, opens new office
Starlink resumes direct shipments to Lagos and other Nigerian cities, ending a seven-month suspension that began
Lumi Business launches offline mode to help merchants sell without internet access
A leading provider of payment, inventory, expense, and accounting management software for African SMEs Lumi Business,
