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Justina Salami Salami

Journalist for Condia. Beats are news and development. Reach me at justinaize247@gmail.com.
Funding

Djibouti secures $10 million facility from TLG, International Investment Bank to boost digital economy

Djibouti partners with TLG Capital and International Investment Bank to secure $10M private credit for expanding digital infrastructure.

Telco

AXIAN Telecom aims at East Africa in latest $63M Wananchi Group acquisition deal

AXIAN Telecom acquires Kenya’s Zuku operator, Wananchi Group, for $63M, expanding across East Africa after a $100M EIB funding boost.

News

Cell C to list shares on Johannesburg Stock Exchange 

Cell C has revealed plans to list on the Johannesburg Stock Exchange (JSE) under the ticker CCD, marking a major milestone in its turnaround strategy.

Mobility

Uganda’s Asaak deploys 2,000 electric motorcycles in four months

Asaak deploys 2,000 electric motorcycles in Uganda in just four months, boosting e-mobility and financial inclusion for boda riders.

Fintech

KCB Bank Group to acquire stake in Pesapal

KCB Bank Group is acquiring a minority stake in Pesapal, strengthening its fintech ecosystem after its $15.4M Riverbank Solutions deal.

News

Nigeria falls to 18th place in RMB’s ‘Where to Invest in Africa’ report

Nigeria drops nine spots to 18th in RMB’s 2025 ‘Where to Invest in Africa’ report, losing ground to Seychelles, Mauritius, and Côte d’Ivoire.

News

The internet goes slow in Tanzania on election day

Tanzania restricted internet access during its 2025 general election. Citizens rely on VPNs to stay online. Find out more.

Mobility

Auto24.africa launches EV24 in Kenya to power East Africa’s electric future

Auto24.africa, backed by Stellantis, has launched EV24 in Kenya to power East Africa’s electric vehicle future.

AI

Velents.ai raises $1.5 million to launch the first Arabic-speaking AI employee

Velents.ai, an Egyptian–Saudi AI startup, raised $1.5M to launch Agent.sa, the first Arabic-speaking AI employee for Middle East enterprises.

Fintech

Lidya, Nigeria’s digital lending pioneer, shuts down

Lidya, Nigeria’s digital lending pioneer, shuts down after nearly a decade. The fintech failed amid a funding drought and internal collapse.

Fintech

Importa Holdings raises $15,000 to expand trade and financial access 

Importa Holdings raises $15,000 to grow ImportaPay and expand AI-powered trade and FinTech access for African importers and small businesses.

News

It cost ₦26,656 to cook a pot of Jollof in September 2025—SBM

SBM reports it cost ₦26,656 to cook a pot of Jollof in September 2025. Prices may rise again by December as food insecurity deepens.

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