Arsenal, PSG, Bayern Dragged into DRC Conflict over ‘Visit Rwanda’ Sponsorship
A few of the world’s top football clubs, including regional favourite Arsenal, are currently walking on egg shells as DR Congo officials, fans, and critics have expressed outrage over their [...]
Airtel, MTN Mobile Money Services Under Investigation for Misleading Customers
The COMESA Competition Commission is probing mobile money services of regional telecom operators Airtel and MTN for misrepresenting crucial information on incurred transaction charges. “The alleged conduct is considered misleading [...]
Generative AI is Fuelling a New Wave of Fraud in Africa
Rapid developments in generative artificial intelligence (AI) are fuelling a new wave of fraud in Africa, with fraudsters using AI to create hyper-realistic documents, images and voices to beat verification [...]Tanzania, Burundi Sign US$2.2 bn SGR Deal with Chinese Firms
The Tanzania Railways Corporation has signed a US$2.154 billion agreement to construct a 282 kilometre standard gauge railway (SGR) from Uvinza to Musongati. The improvement of services at the Port [...]55 Finalists Announced for the Inaugural Africa Tech Summit Awards 2025
Nairobi, Kenya – January 29th, 2025–The Africa Tech Summit Awards has announced the 2025 finalists, celebrating individuals and companiesimpactingthe technology sector across the continent. The winners will be revealed at [...]
EABL Parent Company Diageo Sells Guinness Ghana to Castel for US $81mn
Diageo PLC, the parent company of East African Breweries, has agreed to sell its 80.4% stake in Guinness Ghana Breweries to Castel Group for US$81 million as part of its [...]Regional Competition Regulator Probes KQ, Zambia Airways For Flight Delays
The COMESA Competition Commission is investigating whether Kenya Airways (KQ) and Zambia Airways violated aviation regulations by delaying flights and inconveniencing their customers. “The Commission is concerned that Kenya Airways [...]World Bank, AfDB Commit $40bn to Improve Access to Electricity in Africa
The African Development Bank (AfDB) and the World Bank have committed US$ 40 billion to narrow the electricity access gap in Africa by half by 2030. The idea of putting [...]African Union Faults Moody’s Kenya Credit Rating
The African Union has faulted Moody’s latest revision of Kenya’s outlook from negative to positive, arguing that the change is an admission that the July 2024 downgrade was premature and [...]Kenyan Fintech Associations Form Umbrella Body
Five major representative associations in the fintech sector have formed an umbrella body called The Fintech Alliance (TFA) to drive the growth and development of the industry. By uniting under [...]
Tanzania to Roll out New Banknotes in February
Tanzania is set to roll out new banknotes in February, as part of ongoing currency reforms that also include the ongoing withdrawal of shilling notes issued from 1985 to 2003, [...]South Sudan Blocks All Social Media To Censor Gory Content
On Wednesday, the South Sudan's government ordered all Internet Service Providers (ISPs) in the country to block access to social media platforms like TikTok and Facebook for three months. “We [...]
