Author: Kaluka wanjala

Airtel Money has announced the extension of its ‘Rudishiwa’ transaction fee’ campaign to all Bank to Airtel money Wallet transfers. As part of the campaign, customers will get 50% reimbursement of their transaction fees as airtime. The ‘Rudishiwa’ campaign was launched back in 2023, reimbursing its customers the transaction fees charged when withdrawing money at Airtel Money agents as airtime. The 50% reimbursement of bank to wallet transactions as airtime will apply to transactions done from the banks’ mobile apps, USSD codes or internet banking. With the latest announcement, Airtel says it aims to help Kenyans save more by enabling…

Fincra has announced the acquisition of the necessary regulatory license to operate as a Payment System Provider in Tanzania. This expands the fintech’s footprint across East Africa and strengthens its cross-border payment network across Africa.  This approval was issued under the Payment Systems Licensing and Approval Regulations, 2015. It authorises Fincra to operate regulated payment systems in Tanzania. With this new license, Fincra is now able to offer secure, scalable, and compliant payment services to businesses operating in East Africa. “We are thrilled to receive this license from the Bank of Tanzania. It reflects our long-standing commitment to regulatory integrity…

Teraco has officially launched its latest data centre facility, JB5. The new facility is located within the Isando campus in Johannesburg and is the eighth data centre developed by the company. With the completion of JB5, the Isando campus now boasts a total critical power capacity of 70MW. This makes it one of the largest interconnection hubs on the continent. JB5 covers 55,000 square metres and is specifically built to meet global hyperscale standards. It houses twelve 1,000 sqm data halls and the entire facility was constructed in a single phase. Sustainability remains a central focus for Teraco. JB5 uses…

Vertiv has announced the expansion of the Vertiv CoolChip CDU (coolant distribution units) family with the launch of the Vertiv CoolChip CDU 70, Vertiv CoolChip CDU 100 and Vertiv CoolChip CDU 600 models in Europe, the Middle East and Africa (EMEA). These direct-to-chip (DTC) liquid cooling solutions enhance Vertiv’s position as a leading innovator and enabler in AI and HPC infrastructure. The Vertiv CoolChip CDU 600 will be showcased for the first time in EMEA at the Vertiv booth at Datacloud Global Congress held this week in Cannes. “As workloads continue to drive higher rack densities and cooling demands, customers…

Datacentrix received two awards at the 2025 Veeam ProPartner Awards. These awards recognise its contributions in the area of data protection solutions. The company was recognised as the winner of the ‘Fastest Growth of the Year’ award and also took the ‘Best Veeam Data Cloud for Microsoft 365’ title. Lisa Strydom, Senior Manager: Channel & Alliances Africa at Veeam, said, “The Fastest Growth award is not just a reflection of commercial success, but a recognition of Datacentrix’s dedication, execution and strategic focus in driving our joint solutions to market. Operating in an incredibly competitive environment, Datacentrix has continued to deliver…

dLocal has expressed interest in acquiring AZA Finance, a cross-border payments and foreign exchange platform in Africa. This acquisition is subject to regulatory approval. If you have a startup you want featured on TechArena, let us know through this contact form here.  AZA Finance was founded in 2013 and has served customers across all major markets and currencies. The company has recorded over 15 million transactions totalling over $9 billion in funds transferred since its founding. Earlier this year, dLocal and AZA Finance partnered to expand the service offering capabilities of both partners through mutual cross-selling. The partnership was to ensure…

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 next-generation infrastructure across key markets to meet surging demand for secure, scalable, and interconnected digital ecosystems. Wingu’s facilities are already serving more than 40 top-tier customers, including major telecom and content providers, hyperscalers, and financial institutions. “This is not just an investment in infrastructure, it’s an investment in Africa’s digital independence,” said Anthony Voscarides, Group CEO at Wingu. “We’re expanding the capacity that will empower…

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 the technology and infrastructure sectors. Amit will be instrumental in deepening our relationships with hyperscalers, enterprise businesses, telecom operators, cloud providers and governments. He has a proven track record in identifying untapped opportunities, unlocking strategic partnerships and driving revenue growth across diverse markets. He will be responsible for shaping iXAfrica’s enterprise ecosystem, strengthening our role as the trusted digital gateway into East Africa and beyond.…

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). This filing was required since JUMIA Technologies AG is listed on the New York Stock Exchange. Any individual or entity that acquires more than 5% of a company’s shares and intends to influence decisions through voting, board seats etc, is required to do so. As AXIAN Telecom now controls 8% of JUMIA’s shares, it can now influence shareholder votes or key strategic decisions. Hassan Jaber,…

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 this period, the startup will develop an alternative distribution center in a more strategic location.  Back in April, the startup announced the acquisition of three regional food distributors in Kenya. These are Jumra (serving Nairobi and Central), Sojpar (Western), and Raisons (Coastal). This acquisition was part of the company’s expansion strategy to streamline food distribution across Kenya. When this announcement was made in April, TechArena…