South African banking giant Nedbank has just made a big move to support small and medium businesses by buying the fintech startup iKhokha for $90 million. This deal, paid fully in cash and worth around R1.65 billion, is expected to…
Cell C has won approval to acquire Comm Equipment Company, a big step that could change the way the company runs its business in South Africa. The Competition Commission has given the green light to Cell C’s plan to acquire…
Kenya’s HoneyCoin raises $4.9 million to change the way people make payments around the world. This money will let HoneyCoin hire more people, add new features, and reach more countries, especially in Africa and other parts of the world. HoneyCoin…
Kenyan internet company Rain Communications Limited has made an exciting breakthrough by launching Tier 1 Global IP Transit Access for East Africa. This new service means faster, more reliable internet for people and businesses across the region, thanks to a…
Verto introduces a new bill pay feature for global businesses, making it easier and faster for companies to handle their international payments. Verto, a top global B2B payments platform, has just launched a new tool inside its Verto Accounts product…
Diamond Trust Bank partners with Sun King to launch sustainable solar financing, a new way for homeowners in Nairobi’s nearby towns to get solar power without the huge upfront costs. This partnership is great news for people living in places…
Airtel Africa Foundation, the philanthropic arm of Airtel Africa, launches “Tech For Her.” program to empower women. The initiative seeks to impart technological skills relevant to gainful employment among young women from Kenya, Uganda, and Zambia. The program aims to…
Nigeria’s fourth-largest telecom company, 9mobile, has changed its name to T2. This big move is meant to help the company grow and get stronger in the market. They made the announcement at a big event called “Tech Meets Tenacity,” which…
In 2024, Kenya’s central bank fined 11 banks for risky lending and poor governance. This shows how serious the Central Bank of Kenya (CBK) is about making sure banks follow the rules while helping the economy. Even though interest rates…
Because of the recent surge in Ethereum’s price, Ethereum’s co-founder, Vitalik Buterin net worth increased to $1.46 billion. The second biggest cryptocurrency in the world, Ethereum (ETH), has just crossed the $4,000 mark for the first time since December 2024.…
