Wingu Africa Secures $60 Million to Expand Regional Data Infrastructure
June 3, 2025
Wingu Africa has announced it has raised $60 million to fast-track its regional expansion. The carrier-neutral data centre operator said the funding was provided by Rand Merchant Bank (RMB) and will support the rollout of…
iXAfrica Appoints Amit Singh as Chief Business Development Officer
June 3, 2025
iXAfrica has today announced the appointment of Amit Singh as the new Chief Business Development Officer (CBDO). He has over two decades of global experience in scaling enterprise partnerships, hyperscale engagements and market expansion in…
AXIAN Telecom Now Owns 8% of JUMIA
June 2, 2025
AXIAN Telecom has formally revealed that it now beneficially owns 8.0% of the total shares of JUMIA Technologies. This was disclosed through a beneficial ownership report filing to the U.S. Securities and Exchange Commission (SEC)….
Twiga Foods to Cut Jobs as It Freezes Nairobi Operations
May 30, 2025
Twiga Foods plans to scale down its workforce and freeze operations in Nairobi, according to the Business Daily. The publication reports that the startup will pause operations in Nairobi for 60 days until August. During…
Equity Bank’s Digital Platforms Now Process 87% of Transactions
May 30, 2025
Equity Group’s digital-first strategy is proving to be effective for its recent financial results for Q1 2025. The bank recently released its financial results, revealing that 87% of all customer transactions are now processed through…
Safaricom Advocates for Shared Infrastructure to Drive Africa’s Digital Growth at Connected Africa 2025
May 29, 2025
At the Connected Africa Summit 2025, Safaricom’s Director for Enterprise Solutions, Wholesale & Carrier, Bernard Muteti, took the stage and called for a shift in how we build, manage and shared fibre optic infrastructure in…
How Safaricom Is Shaping FinTech 2.0 in Africa
May 29, 2025
At this year’s Connected Africa Summit 2025, Safaricom’s Head of M-PESA Payments, Victor Odada, delivered an interesting keynote on what the next generation of fintech in Africa looks like. If you have a startup you…
NCBA Bank Adds Instant Digital Account Opening on NCBA Now App
May 28, 2025
NCBA Bank has announced the introduction of an instant customer onboarding feature on its mobile platform, NCBA Now. This allows users to open bank accounts entirely online, without the need to visit a physical branch….
Westcon-Comstor Reports Record $5.24 Billion in Annual Sales as Cybersecurity and Software Drive Growth
May 28, 2025
Technology distributor Westcon-Comstor has recorded annual gross sales of $5.24 billion for the financial year ended February 28, 2025. This represents a 3.3% growth year over year. Rise in cybersecurity demand and shift toward software…