More than 18,000 Nigerians have stopped using their Internet service providers (ISPs) in the last six months, as rising costs and poor service quality cause many to cancel their subscriptions. This sharp drop in customers highlights growing challenges for ISPs…
Nigeria’s Bamboo, an investment platform that helps Africans build wealth by investing in global markets, has officially launched in South Africa. This move marks a big step for the company, as Bamboo launches in South Africa to give more people…
Aria Ventures launches a $1m fund to support deep-tech companies in Egypt, marking a significant step for the country’s technology and innovation landscape. This new fund, worth EGP 50 million (about US$1 million), is designed specifically to back startups working…
The African Telecommunications Union (ATU) has launched a new Digital Transformation initiative aimed specifically at Small and Medium-sized Enterprises (SMEs) across Africa. This important program was unveiled during a session of the World Summit on the Information Society (WSIS), where…
Kuda Technologies processed over 300 million transactions in Q1 2025, marking a major milestone for the Nigerian neobank. This impressive figure was announced by Kuda CEO Babs Ogundeyi during a media event in Lagos on July 7, 2025. The transactions,…
The Pan-African Payment and Settlement System (PAPSS), together with Interstellar, a top African deep-tech company, has launched an African Currency Marketplace. This new platform aims to solve a major problem that has long slowed down trade within Africa, a $5…
A fire outbreak at Cairo telecommunications’ data centre has tragically killed four workers and injured at least 22 others, causing major disruptions to phone and internet services across Egypt’s capital. The blaze broke out on Monday evening at the 10-story…
Cameroon’s telecoms regulator has fined MTN and Orange a combined $4.6 million for poor services to customers. This decision was announced by the Cameroon Telecommunications Regulatory Board (TRB) after inspections revealed that both companies failed to meet their coverage and…
Kenyan mobility startup BuuPass has secured an undisclosed amount of funding from Yango Ventures, marking a significant step in its mission to digitize long-distance travel across Africa. This new investment comes from Yango Group’s recently launched $20 million corporate venture…
South African fintech startups Float and Adumo have joined forces to make shopping easier and more flexible for consumers. The Float and Adumo partnership is bringing new in-store payment options to major retailers across the country. With this collaboration, shoppers…
