Airtel Africa's Customer Base Surpasses 155 Million Q1 Report
In its latest quarterly results for the period ended in June, Airtel Africa has reported a profit after tax of US$ 31 million representing a 120% Year-On-Year growth as the [...]
Stock-trading App Hisa in Acquisition Talks with Nigerian Fintech Risevest
Nigerian fintech startup Risevest, which provides users with access to global investments and Nigerian stocks, is reportedly in talks to acquire Hisa, a Kenyan startup that offers access to US [...]Minka: A Fintech's Story From Latin America to Africa
Minka, a Colombian fintech that recently announced operations in the region, is trying to resolve the complexities of interbank transactions.African Startups in 13 Countries to Lose Greatly after Mercury Bank Announces Closures
Effective 22nd August this year, American digital bank, Mercury Bank will close all business accounts in 37 countries around the world a move that has caused jitters within the [...]Africa Explores Consolidated Financial Institutions to Power Projects
Africa is exploring innovative financing, including the establishment of African Union Financial Institutions, that is the African Central Bank, the African Investment Bank, and the African Monetary Fund, and the [...]Natural Gas Discovery Mega Infrastructure Heighten Demand for Prime Warehouses in Tanzania
The upswing in economic activity is boosting warehousing demand in Tanzania’s capital city Dar es Salaam, as monthly prime rents remain stable at US$5 per square metre for the past [...]COMESA Issues Alert Over Faulty Vehicle Airbags
The COMESA Competition Commission has issued an alert to consumers within its region over vehicle recalls in the United States and Japan due to faulty airbag inflators, citing the high [...]Meta to Appeal US$ 220mn Fine Imposed by Nigeria
American tech giant, Meta, has disagreed with the decision taken by the Nigeria Federal Competition and Consumer Protection Commission (FCCPC) on Friday, imposing a hefty fine on the company over [...]OKX Crypto Platform Exits Nigerian Market as Sector Tightens
After August 16th this year, OKX users in Nigeria will no longer be able to trade cryptocurrencies within the platform as the company has decided to shut down its services [...]Road Traffic Deaths Rise in Africa, Down Globally-WHO Report
Road traffic death rates in the past decade have increased significantly in Africa, with almost 250 000 lives lost on the continent’s roads in 2021 alone. Conversely, global rates fell by [...]
Africa's Office Market Recovers, Demand for Grade A Offices Rise Survey
Kenya's office occupancy rate now stands at 77 per cent, mirroring a recovery wave hitting other markets in Africa. In its biennial 2024/25 Africa Report, Knight Frank puts recovery across [...]Kenyan Startup Uncover Raises US$ 1.4mn For Expansion
Kenyan online marketplace for skincare products, Uncover Skincare, has raised US$ 1.4 million in its second seed round which will facilitate expansion into other markets such as the United States, [...]
