54 Collective, a prominent venture firm in Africa, has announced that it will shut down its venture studio operations following the end of its partnership with the Mastercard Foundation on April 30, 2025. This decision results in job cuts, marking…
Telecom Egypt reports 42% revenue growth in Q1 2025, showing a very strong start to the year. The company’s total revenue went up to EGP 24.8 billion, which is 42% higher than the same time last year. This big jump…
Safaricom and iXAfrica have teamed up to launch something big for Kenya and the whole East African region: East Africa’s first AI-ready data centre. This means that for the first time, businesses and government offices in the region will have…
Opening an M-Pesa account in 2025 is a straightforward process that offers numerous benefits. M-Pesa is a mobile money service that allows users to send, receive, and store money on their mobile devices. It was launched in Kenya in 2007…
Before the 2025 Unified Tertiary Matriculation Examination (UTME), the Joint Admissions and Matriculation Board (JAMB) has announced Lekki Headmaster JAMB Novel as one change in the reading text of the examination. According to reports, the board has substituted the former…
IHS Towers shares hit the highest point in 20 months, signaling a recovery for Nigerian telecom companies. On May 7, 2025, over 3 million IHS Towers shares were traded on the New York Stock Exchange, marking the largest single-day trading…
The recent release of the 2025 Unified Tertiary Matriculation Examination (UTME) results by the Joint Admissions and Matriculation Board (JAMB) has caused a huge uproar across Nigeria. Many students, parents, and education experts are deeply unhappy with what they call…
Egypt’s proptech startup Nawy raises a huge $75 million in Series A funding. This money comes from $52 million in equity and $23 million in loans from some of Egypt’s biggest banks. The funding round was led by Partech Africa,…
In May 2025, the National Identity Management Commission (NIMC) shocked many Nigerians by raising the fees to fix mistakes on their National Identification Number (NIN) records. The most talked-about fee is the new ₦28,750 charge to correct a date of…
MTN Group’s subscriber base grew by 4.7%, reaching a total of 296.8 million people using its services across 16 countries in Africa by the end of March 2025. This means more and more people are choosing MTN for their mobile…
