Joseph Olaoluwa

EXCLUSIVE: Airtel locks in Madagascar future with $32.5M, 15-Year license

This strategic investment underscores Airtel's intent to solidify its footprint in a market characterised by a robust and growing ICT sector, despite Madagascar's broader economic challenges.

Nigeria’s Central Bank holds rates steady at 27.50% as inflation cools

The Consumer Price Index (CPI) eased to 23.71% last week, reinforcing expectations among economists for a pause in the aggressive rate hikes seen over the past two years under President Bola Ahmed Tinubu.

Naira Boost, improved revenue drives IHS Towers to profitability since 2021

The improving backdrop in Nigeria, marked by greater stability in the naira and recent tariff increases, is bolstering confidence.

EXCLUSIVE: Avalon Health Co-Founder Ebrahim exits, starts new venture

Access Health, Ebrahim’s new venture, will focus on reimagining health financing, a major challenge for many across the African continent

Tantalizers swaps burgers for broadcasts in renewed digital content play

The expansion into new sectors is supported by a $25 million financing facility, aimed at bolstering Tantalizers' ambition to become a top 50 company on the NGX.

Nigeria’s inflation eases to 23.71%, reducing possible rate hike

Analysts widely anticipate the central bank holding rates for a second consecutive time, as it did in February, owing to reduced consumer prices and rebased inflation figures.

Jumia expands delivery service to Nigeria ahead of 2027 profitability target

The initiative represents a strategic pivot for Jumia, following a period focused on cost optimisation.

Uber pilots two wheeler service in Johannesburg, eyes untapped South African market

South Africa does not have a widespread, formally recognized motorcycle taxi industry in urban centers. Uber Moto hopes to change that gradually with a pilot phase.

BREAKING: Jumia narrows losses to $16.5 million in Q1 ’25 as currency problems pressure revenues

"We believe to be on track for the fourth quarter of 2026, targeting full-year profitability on a loss before income tax basis in 2027," said optimistic CEO Francis Dufay

Airtel Africa defies devaluations, posts $328M profit in FY ’25

Voice revenue regained control, rising to $1.96 billion and towering data revenues of $1.80 billion. Mobile money revenue grew to $994 million, with a continued strong performance in East Africa of 31.9% and Francophone Africa of 22.2%

BREAKING: Airtel Money plans 2026 IPO amid fintech growth push

Airtel Money has been a significant growth driver for Airtel Africa. The service operates in 14 countries across the continent, including key markets like Zambia, Uganda, Tanzania, Malawi, Gabon, and the Democratic Republic of Congo.

Nigerian ride-hailing drivers take welfare fight to lawmakers

Drivers suffering under the weight of macroeconomic conditions have continued to advocate for acceptable policies to survive the ride-hailing sector, enduring low patronage.