dLocal Set to Acquire AZA Finance to Expand Presence in Africa
June 3, 2025
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…
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…
South Sudan Joins Smart Africa Trust Alliance as 17th Member
June 3, 2025
South Sudan has officially become the 17th country to join the Smart Africa Trust Alliance (SATA). This is a declaration of trust with the Smart Africa alliance to cooperate on digital economy cybersecurity and artificial…
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)….
KCB Completes Sale of NBK to Access Bank
June 2, 2025
KCB Group and Access Bank have completed the sale of National Bank of Kenya to Access Bank Plc, marking the conclusion of a transaction that began in March 2024. This follows the receipt of all…
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…