TotalEnergies has acquired SN Power, gaining stakes in major hydropower projects across Africa, including Uganda's Bujagali plant. This move enhances TotalEnergies' renewable energy portfolio and supports Africa’s energy transit...
Open Startup (OST) has officially launched the second cohort of its acclaimed Investment Readiness Program, GROW. This initiative is designed to help advanced African startups scale their operations and secure critical funding. Bu...
MONITORAPP Inc. announces its strategic expansion into the Middle East and Africa through new partnerships with ALRIFAI Consulting Group and LITHE SD. This move includes managing local sales and technical support for MONITORAPP’...
Ericsson and MTN have launched a free financial training program for women entrepreneurs in Kampala, Uganda, focusing on enhancing financial literacy and promoting the use of MTN's MoMo mobile money platform. The three-week initia...
The Jobtech Alliance, led by Mercy Corps and BFA Global, has expanded its portfolio with eight new platforms aimed at enhancing job opportunities across Africa. This initiative addresses high unemployment and economic barriers, of...
Kaspersky introduces a new AI-focused module within its Automated Security Awareness Platform (ASAP), designed to enhance cybersecurity skills. This course provides two levels of training on combating AI-driven threats, including ...
Sanlam and Allianz have launched their new joint venture brand, SanlamAllianz, in Ghana, following recent regulatory approvals. This pan-African financial services company, operating in 27 countries, aims to enhance financial incl...
Kenya Airways announces strategic network adjustments for the peak season to enhance operational efficiency. Changes include upgraded Boeing 787 flights to Johannesburg and Cape Town, additional flights to Dar es Salaam, non-stop ...
Safaricom has announced the departure of board members Ory Okolloh and Francesco Bianco, with Okolloh's tenure ending on July 24, 2024, and Bianco's departure scheduled for August 1, 2024. Acting company secretary Lisa Wambani con...
Discover the top 15 finalists for the 2024 VALUE4HER Women Agripreneurs of the Year Awards, announced by AGRA. Highlighting exceptional women from across Africa, these awards recognize leadership, innovation, and impact in agribus...
Vertiv's Jon Abbott discusses the growing challenges faced by telecommunications and data center providers due to artificial intelligence (AI) demands. In Kenya, AI adoption is reshaping IT infrastructure, driving the need for acc...
Village Capital’s Reducing Inequalities Investment Facility has announced a $500,000 investment in Nigerian startup Coamana. This funding aims to enhance financial inclusion and market efficiency through Coamana's innovative dig...
Visa and Carrefour have launched an exclusive promotion for Visa cardholders, offering weekend discounts and giveaways at Carrefour stores. Spend KES 5,000 or more in-store or KES 4,000 online to enjoy discounts and rewards. Runni...
NCBA Now App, digital banking, mobile banking app, Kenya internet penetration, digital transformation, financial technology, secure banking solutions, real-time account monitoring, card management, fund transfers, bill payments, N...
South African climate-tech startup Plentify has closed an oversubscribed funding round with top African and North American investors. The funds will support Plentify’s growth in South Africa and its international expansion. Know...
Alshaya Group and Mastercard have partnered to enhance the GCC retail sector with the Aura loyalty program. This collaboration introduces an Aura co-branded credit card, offering additional benefits across multiple markets includi...
The average smartphone price is projected to increase by 15% to over $328 by 2029, driven by advancements in technology and rising production costs. While current prices have dropped, future trends indicate smartphones will become...
TotalEnergies has announced the sale of its 10% stake in the SPDC Joint Venture licenses in Nigeria to Chappal Energies for USD 860 million. This strategic divestment focuses TotalEnergies’ operations on offshore oil and gas ass...
ARISE IIP and Africa Finance Corporation have launched a $100 million capital pool to support African entrepreneurs in Special Economic Zones (SEZs). This initiative offers financing and comprehensive advisory services to boost in...
The International Finance Corporation (IFC) and Citi have announced a $65 million local currency financing facility to support digital infrastructure projects in Kenya. This innovative partnership marks the first long-term local c...
