10 biggest African tech stories of 2024

From billion-dollar milestones to market shakeups, dive into the biggest African tech stories that defined 2024.

MTN Group announces major leadership changes

MTN Group announces major leadership changes, including the departure of Bayobab CEO Frédéric Schepens and new appointments across Africa, as part of its strategic restructuring for growth.

IHS Towers to sell 70% stake in Kuwait operations to Zain Group for $230M

IHS Towers is selling a 70% stake in IHS Kuwait to Zain Group for $230M, aiming to optimise its portfolio and reduce debt. The deal is set to close in 2025.

Verve cards are now accepted on AliExpress. But their issuing business tells a sweeter story

Verve has grown card issuing by 40% year-on-year, in the last two years. This article reports the news of their partnership with AliExpress while going deep into three growth eras they've experienced.

How to pitch your news story to Condia

We're more likely to cover your news if it's an exclusive. We'll always provide prompt feedback, whether it's a yes or a no.

Bolt halts inter-country requests between Nigeria and South Africa due to ride-hailing war

Bolt has restricted the inter-country request feature for its customers in Nigeria and South Africa due to the recent ride-hailing battle between both countries

FCCPC reinstates Nigerian fintech, Sycamore as an approved digital lender

Nigerian fintech, Sycamore has been reinstated as an approved digital lender in the country. This is coming barely a month after FCCPC erroneously delisted the company.

First SVB, now Mercury. US banks leave African startups in dire straits

Mercury’s stumble from fintech hero to a target of federal scrutiny highlights the complex interplay between rapid growth, regulatory compliance, and financial stability

Crypto exchange, OKX announces plans to exit Nigeria market.

Cryptocurrency exchange OKX has announced its plans to exit the Nigerian sector. According to an email sent to its Nigerian customers on Wednesday, it intends to discontinue services in the Nigerian market because of the country's unfavourable regulatory conditions.

Ghana grants licences to 51 cybersecurity providers amid a surge in data breaches

The Ghana Cybersecurity Authority granted licences and accreditation to 51 cybersecurity industry players to to combat surge in data breaches

Top telcos shape to rival Starlink in Africa’s costly internet capital

In Zimbabwe, the entry of Starlink, Elon Musk’s disruptive satellite internet platform, is causing a stir. After getting a license two months back, the service plans to launch in the third quarter of 2024, pushing local internet providers to rethink. Zimbabwe’s internet has long been expensive and limited in coverage. Average data costs are higher […]

Uganda reinstates 25% import duties on import of all Electric and Hybrid vehicles

Uganda has hiked import duties by 25% on all electric vehicles coming into the country, a big jump from 0% in the past fiscal year.