Author: Kaluka wanjala

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…

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 its digital channels. This is quite impressive and one of the highest by a bank in the region.  This digital shift has contributed to the bank’s positive financial performance for Q1 2025. During this period, profits after tax jumped to Kshs 15.4 billion. This is a bit lower than the Kshs 16.5 billion its competitor, KCB Bank, reported during the same period. Equity also grew…

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 Africa. He shared a roadmap that can help reduce the cost of deploying broadband and expand digital access across the continent. “Fibre is the backbone of Africa’s digital economy,” he said. “But the high cost of deploying it continues to limit its reach and impact.” Fibre optic networks, while essential for high-speed internet and reliable connectivity, remain underutilized across large parts of sub-Saharan Africa. According…

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 want featured on TechArena, let us know through this contact form here. FinTech 2.0 is not just about faster transactions or fancy new apps, according to Odad, who says it is about creating real impact. This is the kind of impact that changes lives, grows businesses and builds stronger communities. In his keynote, titled “FinTech 2.0: Building Financial Services That Work for Everyone,” Odada laid…