Airtel Africa appoints Segun Ogunsanya as first African CEO
Airtel Africa has appointed Olusegun “Segun” Ogunsanya, who is currently the MD and CEO of Airtel Nigeria, to succeed Raghunath “Raghu” Mandava as Chief Executive Officer of Airtel Africa. Airtel [...]
Kenya Ranked 21st out of 47 Countries with Cheapest Mobile Data in Sub Saharan Africa
Kenya is position 21 out of 47 countries in Sub-Saharan Africa with the cheapest mobile data cost in 2021, according to research by Cable.co.uk. The country ranks behind Sudan, Somalia, [...]
Uganda Hints at Seeking Suspension of Debt Repayments from Creditors
Uganda has hinted at the possibility of approaching its major creditors to seeks suspension of debt repayments. This comes as it grapples with growing default risk. External creditors, including China [...]Ethiopian Airlines Becomes 1st African Airline to Try IATA’s Travel Pass
Ethiopian Airlines, Ethiopia's national carrier, has become the first African airline to conduct trials of the IATA Travel Pass on flights out of Addis Ababa to Washington DC and Toronto, [...]Absa Group CEO Daniel Mminele Resigns After Fallout With Board
Absa Group Chief Executive Daniel Mminele has resigned and will be leaving the outfit on April 30th 2021. The move follows the Absa Group Board and Mminele failing to achieve [...]
P2P Crypto Marketplace, Bitzlato (BZ), Partners with Lemonade Finance, to Ease Money Transfers Across Africa
Bitzlato (BZ), the latest P2P Crypto Exchanger to enter the African market, has added Lemonade Finance, a borderless payment platform for Africa, as a payment method to its platform. Lemonade [...]
Africa's Largest Bottling Firm to List in Amsterdam Johannesburg Exchanges
Coca-Cola Beverages Africa (CCBA), the 8th largest bottling company in the globe in terms of revenue and Africa's largest has revealed plans to list its shares in the Amsterdam and [...]Japanese VC, Samurai Incubate, Launches $18.6 Million Fund for African Startups
Japanese Venture Capital, Samurai Incubate, has launched an $18.6 million fund for African startups, dubbed the Samurai Africa 2nd General Partnership fund. According to the firm, the fund was oversubscribed [...]Standard Bank Group appoints Yinka Sanni as New CEO for Africa
Standard Bank Group- considered the continent's, biggest lender by balance sheet size, has picked on Yinka Sanni as its new CEO for Africa Regions and a member of the Group [...]Sub-Sahara Africa requires US $ 425 Billion to fight pandemic effects IMF
Sub-Saharan Africa requires US $ 425 billion additional funding over the next five years to recover ground lost during the COVID-19 crisis. The April 2021 Regional Economic Outlook for Sub [...]Uganda’s Numida Raises $2.3 Million in Seed Funding
Ugandan fintech startup targeting semi-formal micro and small businesses, Numida, has raised $2.3 million in seed funding. Investors who took part in the funding include Pan-African payments company MFS Africa, [...]Twitter Picks Ghana as HQ for Africa Operations
Social Media giant, Twitter, yesterday announced that it is establishing its presence in Africa by opening its first office in the continent in Ghana. Twitter CEO Jack Dorsey announced the [...]
