Visa Appoints Victor Makere as New Country Manager for Tanzania, Uganda, Burundi and Rwanda
May 12, 2025
Visa has appointed Victor Makere as Country Manager for Tanzania, Uganda, Burundi, and Rwanda. Victor will be at the helm of Visa’s strategic efforts across these key East African markets in his new role. He…
Kenya’s Postal Corporation Eyes Digital Future with New Transformation Plan
May 9, 2025
The Postal Corporation of Kenya (PCK) is set for a major transformation by the government. The government wants to reposition the state agency to help it keep up with the digital age. With the rise…
Jumia Posts $18.7M Operating Loss in Q1 2025
May 9, 2025
Jumia Technologies has updated its 2025 outlook, expressing confidence in its path to profitability. This was revealed even as headline revenues fell in Q1 2025. The e-commerce company posted mixed results for the quarter ending…
Egypt's iSUPPLY Secures $3M from Bokra
May 8, 2025
Bokra, the MENA goal-based digital investment platform, has announced a $3 million Sharia-compliant financing agreement with iSUPPLY, a digital pharmaceutical and medical supply distribution. The deal will power iSUPPLY’s next phase of growth and at…
Airtel Launches Free AI Spam Alert Service in Kenya
May 7, 2025
Airtel Kenya has today rolled out a new AI-powered Spam Alert Service. This service is available to all Airtel subscribers at no extra cost. This service was launched in Nigeria back in March. This new…
Bayobab Uganda Unveils New Kampala–Malaba Fibre Route
May 7, 2025
Bayobab Uganda, the digital infrastructure arm of MTN Group, has officially launched a major connectivity milestone, a brand-new fibre optic route running from Malaba at the Kenya–Uganda border to Kampala. This 260-kilometre stretch might be…
Mdundo Surpasses 125,000 Subscriptions on MiniPay
May 7, 2025
In just under three months, Kenyan-based music streaming service Mdundo has recorded over 125,000 subscriptions and more than 5 million streams via MiniPay, Opera’s blockchain wallet integrated into Opera Mini. The announcement was made via…
Ghana’s Zeepay Secures $18M to Expand Footprint Across Africa
May 7, 2025
Ghanaian fintech Zeepay has raised $18 million in senior secured venture debt. This funding will help its expansion across Africa and the Caribbean. Structured by investment firm Verdant Capital IMAP, the deal marks a major…
PesaLink and Strathmore University Host 2025 AI Fintech Hackathon
May 6, 2025
Pesalink recently partnered with Strathmore University to launch the 2025 Pesalink AI Fintech Hackathon. Through this initiative, Pesalink aims to cultivate the next generation of fintech developers and leaders. It hopes to achieve this by…