News

Salesforce, a provider of customer relationship management (CRM) technology, has announced it will acquire Own Company, a provider of data protection and management solutions, for $1.9 billion in cash. According to the company, the acquisition will accelerate the growth of…

MTN Group’s board announced support for its CEO, Ralph Mupita. This comes after an investigation was done by an independent law firm.  The firm tapped to look into allegations of favoritism raised against the African wireless carrier’s CEO.  MTN Group…

The board of directors of MTN Group, a leading telecommunications giant in Africa, has officially closed an investigation into CEO Ralph Mupita, concluding that there is no evidence of improper conduct.  This decision comes after allegations surfaced regarding favoritism and…

Flutterwave has made a significant move in its leadership by appointing Mitesh Popat as the company’s new Chief Financial Officer (CFO).  This strategic decision aims to propel the firm into its next phase of growth and enhance its financial sustainability. …

The Competition Tribunal, following a recommendation from the Competition Commission, has approved Telkom’s sale of Swiftnet, the company’s masts and towers business.  The sales to Towerco Bidco, a new entity owned by Actis and Royal Bafokeng, were approved with certain…

Startup expansion is currently reigning in Africa, and Nala is not left behind. Nala, an American company, has received an International Money Transfer Operator (IMTO) license to operate in Uganda.  Nala Licensed To Enhance Cross-Border Payment Services This license, issued…

ChitChat, a Zambian social commerce platform, has announced a partnership with Mastercard to launch new virtual debit cards aimed at enhancing cross-border payments.  This initiative is set to streamline transactions for users by eliminating the need for lengthy bank visits,…

The Democratic Republic of Congo (DRC) has officially canceled its ambitious national ID project, which was projected to cost approximately $1.2 billion.  This decision comes after years of failed attempts to establish a national ID system, leaving the country without…

Innovation Hub Africa, the organizers of the prestigious Nigeria Innovation Summit (NIS) has partnered with Silicon Africa, a platform that highlights African innovation and technology for its 9th-year event occurring in Lagos, Nigeria.  Nigeria Innovation Summit and Silicon Africa Collaborate…

Following the catastrophic CrowdStrike software update, Microsoft is set to host a cybersecurity conference this month aimed at addressing the fallout from the CrowdStrike outage.  The conference, scheduled for September 10, 2024, at Microsoft’s Redmond, Washington campus, will delve into…