Share
PalmPay is in advanced talks to raise between $50M–$100M in a Series B round. This move aligns with its bold expansion plans across Africa and into Asia.
Jumia shares rose 2% after AXIAN Telecom took an 8% stake. The move signals new confidence in Africa’s e-commerce leader.
Netflix has raised subscription prices in Nigeria for the third time since 2024, with the Premium plan now at ₦8,500.
Fincra secures a license from the Bank of Tanzania, enabling real-time cross-border payments and expanding its pan-African fintech infrastructure.
Vodacom has appointed Mohamed Abdallah as CEO of International Markets and Vodafone Egypt, in a strategic move to strengthen its African footprint.
AXIAN Telecom takes 8% stake in Jumia after Baillie Gifford exit. This major investor reshuffle signals a strategic telecom-backed partnerships in African e-commerce.
MTN has launched Shesh@5G in Johannesburg—a 2-hour SIM and device delivery service redefining telecom convenience across Africa. The service brings 5G to your doorstep.
AUATON Lagos has disassociated itself from a viral video of an InDrive driver placing a child in a car boot. The union demands an investigation and warns against unregulated driver onboarding.
Access Bank has acquired Kenya’s National Bank in a $100M deal, signaling its bold expansion into East Africa’s competitive banking market.
Enugu State has launched an electric vehicle (EV) assembly plant in partnership with Stallion Group, marking a significant milestone in the adoption of clean energy.
Nigeria's smartphone shipments fell 7% in Q1 2025 despite Africa's market growth.
Ebonyi State has launched EBOCAB, a government-run ride-hailing platform aimed at modernizing transport. The state’s bold step marks Nigeria’s first public-sector ride-hailing initiative outside Lagos.
Get a weekly newsletter roundup on African Tech
