SORA joins Africa’s $12 billion fight against malaria with AI-powered drones
SORA Technology, a Japan-based drone and aerial technology company, is scaling its footprint across Africa with
CAC defends new AI portal amidst complaints
The Corporate Affairs Commission said a major AI-driven website upgrade led to a record 11,000 companies
Nigeria’s inflation slows in third consecutive month to 22.22%
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
Pembani Remgro Infrastructure Fund II (PRIF II), a South African PE fund to acquire a 35%
Mediamax to lay off undisclosed number of employees
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
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
