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. …

Malawi has announced an ambitious plan to launch a Smart Village Initiative in collaboration with Huawei, a leading global telecom services provider, aimed at enhancing Internet access in rural and isolated communities.  This initiative, unveiled by President Lazarus McCarthy Chakwera…

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…

MTN’s Cameroon unit has refused to exit the market despite a messy legal battle of over $23.72 million in frozen funds and delayed investments. The company insists on staying despite the seizure of its bank accounts in 2022 under a…

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,…

Ghana’s fintech lending platform Fido has successfully secured a total of $30 million in funding to enhance its operations and expand its reach across Africa.  This investment includes $20 million in Series B funding from BlueOrchard, a global impact investment…

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…

Zipline, one of the world’s largest autonomous delivery systems, which specializes in on-demand drone delivery and instant logistics, has achieved a significant milestone by completing its inaugural drone delivery to the newly opened St. Joseph’s Nyabondo Mission Hospital.  This is…