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South African fintech startup Stitch buys Efficacy Payments, a licensed digital payments company. This acquisition is Stitch’s second major purchase in just six months and is set to deepen its card services in the country. By buying Efficacy Payments, Stitch…
Acer has launched new portable USB-C monitors in South Africa, bringing a new level of flexibility and convenience to anyone who needs a reliable screen on the go. Acer Africa announced the highly anticipated launch of two ultra-portable USB-C-powered monitors,…
Nigerian cryptocurrency company Roqqu buys Kenya’s Flitaa, a move that signals a new wave of Nigerian startups eyeing East Africa for business growth. This acquisition is a big step for Roqqu, as it marks the company’s first entrance into the…
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…
