Nigerian Startup Prembly Unveils Shared Fraud Database for African Fintechs
Nigeria-based identity verification startup, Prembly, has launched an open fraud-intelligence database aimed at helping banks, fintechs and online platforms detect scams earlier
International Islamic Trade Finance Corporation Signs US$ 1bn Pact with Mauritania
Aga Khan Sells Nation Media Group Majority Stake to Tanzanian billionaire Rostam Azizi
Tanzania's first dollar billionaire Rostam Azizi is acquiring AKFED's 54.08% stake in Nation Media Group via Taarifa Ltd. Azizi, whose Taifa Group spans LPG, contract mining, aviation, and media, co-founded Mwananchi Communications in 1999 before selling out to NMG. He now returns as majority owner of East and Central Africa's largest independent media house, with regulatory approval expected within three to four months.
Nigeria to Host Intra-African Trade Fair 2027
Nigeria has signed the host agreement for the fifth Intra-African Trade Fair 2027 (IATF2027), taking over the baton from AlgeriaZeno Lands US$25mn to Expand Battery-Swap Network in Kenya, Uganda
Electric mobility startup, Zeno, has raised US$25 million in Series A financing to accelerate production of its battery-swap electric motorbikes and expand charging infrastructure across East Africa.Tech Startup Intron Launches New Voice AI Service that Supports 57 African Languages
Intron, a specialised technology company, has launched the newest version of its flagship AI voice model, “Sahara v2”, which can now understand over 500 distinct African accents, covering up to 57 languagesFrom Presence to Power: Building The Table We Deserve
High Energy Costs Drive Shift to Renewables in Tea Sector
The AfDB, through its Sustainable Energy Fund for Africa, has launched a technical study to identify clean energy solutions for factories managed by the Kenya Tea Development Agency (KTDA)In Africa’s Creative Economies, Women Are Claiming Ownership
It’s worth watching what happens in the days after International Women's Day – whether the women building ownership across African creative industries control more of their work, their distribution, and their narrative
AfDB Unveils Aviation Financing Program at Nairobi Conference
AfDB is advancing the Integrated Aviation Transformation Program (IATP), a continent-wide platform designed to modernise the aviation ecosystem.Showmax Folds as Multichoice's New Owner Canal+ Abandons Bid to Rival Netflix
Evidence of this shift is already visible in a distribution partnership between Canal+ and Netflix in Francophone Africa, allowing Netflix subscriptions to be bundled inside Canal+ packages.GCR Ratings Revises Afreximbank’s Outlook to 'Stable'
At the end of December 2024, Afreximbank’s total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion.
