STANLIB Infrastructure Fund II has agreed to acquire a majority stake in the 258 MW Upington Solar Power complex from two Norwegian investors, Scatec and Norfund.
Sophos on Wednesday released new findings on CryptoRom scams—elaborate financial fraud schemes that prey on and trick dating app users into making fake cryptocurrency investments.
Yebo Fresh, a South African grocery delivery startup has raised $4.5m in a pre-series A equity funding round.
The pre-series A investment was led by Enza Capital.
The Nairobi Securities Exchange (NSE) has amended its Trading Rules to allow for Block Trades, following a green light from the regulator Capital Markets Authority (CMA) on 30th January, 2023.
Ethiopian Airlines is set to launch a new passenger flight to Copenhagen, Denmark effective 22nd May 2023. The new flight will be operated five times a week except on Tuesdays and Sundays.
Social impact investor Oikocredit, approved a loan facility of $2.6 million to MyCredit, to support businesses and local communities to achieve greater financial freedom through tailor-made loans to SMEs, professionals and civil servants.
Le Bureau de coordination des États en transition de la BAD a organisé un atelier de formation à Yaoundé, pour renforcer les capacités des pays membres régionaux et des Communautés économiques régionales en matière d’application stratégique et opérationnelle du prisme de la fragilité.
Olaseni Alabede, a veteran of the payments technology sector has joined Global Technology Partners (GTP), an MFS Africa company, as chief technology officer (CTO).
Owner of the largest fleet of community solar minigrids with 150 in operation, Husk was EBITDA positive in its primary markets of Nigeria and India in Q4 2022.
Activities under the new Regional Emergency Solar Power Intervention Project (RESPITE), officially kicked off in Freetown to increase electricity access to millions of existing and prospective consumers in Chad, Liberia, Sierra Leone, and Togo.
The rise of the hybrid workplace model has certainly brought about new challenges for companies in terms of connectivity and security – but also new opportunities for those who can navigate this transition safely and successfully
Seyi J. Matanmi is a technology product developer and entrepreneur. Educated in software development, research and analytics, he currently leads the cloud services outfit, Hosteet, operating out of Lagos, Nigeria.
Mastercard’s New Payments Index 2022, published late last year, found that 95% of consumers in South Africa used at least one emerging digital payment method in the last year, with usage expected to increase further.
As it rebrands to TradeMark Africa, TMA, in its bid to grow its continental footprint, aid for trade institution formerly known as TradeMark East, boasts of having made a lasting mark in East Africa where it has operated for over ten years.
Don Okoth is General Manager for Kenyan Fulfillment and Logistics startup Sendy. In this interview, he talks about the current state of logistics in Kenya and beyond, including Sendy's role in shaping the industry.
Chris Okoro is an entrepreneur and business strategist skilled in the Financial Services and Engineering sector. He's currently the Managing Director and CEO of Eunisell Interlinked Plc., Nigeria.
C-Suite executives still don’t take cybersecurity seriously enough while boards are not nearly as engaged in cybersecurity as they are in other areas of oversight, says Patrick Evans, CEO of SLVA CyberSecurity.
This week, The East African Community (EAC) officially launched the verification mission to assess the Federal Republic of Somalia’s readiness to join the Community.
With stable internet connectivity spread out throughout the continent, and greater bandwidth being consumed, we can finally drive down the cost of connectivity.
With an estimated global market value of $478.36 billion this year, which is set to grow exponentially, IoT technology has the potential to become the next-generation business solution and enabler of new digital functions and services.