News

Kenyan beer distributor disputes Diageo’s $2.3 billion sale of EABL in court

Distributor Bia Tosha takes Diageo’s EABL sale to court as Kenya’s beer market faces another legal tussle.

News

Cafe One adjusts 2026 coworking rates, adds 7.5% VAT

One year after raising prices for power and rent costs, Cafe One adds a 7.5% VAT to all coworking plans in line with new tax rules.

News

Nigeria’s Adeboye Isaac appointed Access Bank Congo MD

Access Bank Congo appoints Nigeria’s Adeboye Ayewamide Isaac as Country Managing Director following Central Bank approval.

News

Access Bank South Africa names Abiodun Dada Co-CEO ahead of 2026

Access Bank South Africa enters a new leadership phase with Sandile Shabalala set to exit and Abiodun Dada stepping in as Co-CEO.

Fintech

Paystack revives consumer app, Zap, eight months after $160,000 fine. What comes next?

Paystack has pushed new digital-bank-like updates to Zap, including Checkout integration, after a clash with the CBN over compliance. How will it compete with OPay, Kuda and Moniepoint?

News

Diageo exits East African Breweries in $2.3 billion sale to Japan’s Asahi

The British drinks giant exits its East African brewing arm, freeing capital while keeping Guinness and spirits rights under license.

News

Meta shuts down Messenger desktop app after 5‑year run

Meta has retired the Messenger Desktop app which runs on Windows and Mac. Here’s what changes.

News

Jaiz Bank taps ex-CBN director to lead compliance as recapitalisation deadline looms

The move underscores a broader scramble for seasoned compliance and risk professionals in Nigeria’s financial services industry.

News

Legend Internet’s ₦10bn paper draws 119.7% subscription as Investors back broadband push

By closing its ₦10bn commercial paper at 119.7% subscription, Legend Internet has joined the few Nigerian tech firms successfully attracting institutional funding for hard infrastructure.

News

Transcorp Hotels Plc appoints Dr Awele Elumelu Board Chairman

"Her strategic insight will be invaluable, as we continue to elevate guest experiences and deliver sustainable value to all stakeholders, ”Group Chair of Transcorp Group, Tony O. Elumelu said.

Mobility

Yango Ventures backs Gigmile to expand delivery financing across Africa

Yango Ventures’ new backing for Gigmile shows global tech capital flowing into Africa’s delivery and gig-worker fintech space.

Entertainment

Ex-Sony Exec wants to fill the gap for premium African Christian content with FaithStream

After eight years leading the Distribution & Networks business for Sony Pictures in Africa, Kunle Falodun will launch a faith-based streaming platform