News, Stories, Events, & Trends that shape the Eastern African region
Carrefour, the exclusive retail giant operated by Majid Al Futtaim in Uganda, is gearing up for a grand celebration as it marks its four-year anniversary in the country. Commencing from January 31 to February 13, 2024, customers are in for a treat with a plethora of exciting prizes and daily discounts. As a token of
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Carrefour, owned and operated by Majid Al Futtaim in Uganda, has officially kicked off its latest ‘Round Up Your Bill’ initiative with an event at Noah’s Ark Village in Entebbe. ‘Round Up Your Bill’ allows customers to make donations that support vulnerable groups in neighbouring communities as part of the brand’s mission to drive positive
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Streaming platforms are partnering with mobile operators to expand in new markets while helping users save on some of the world’s highest data costs.
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In 2012, Jumia, Africa’s first ecommerce giant, revolutionised shopping by offering the service online, alongside shipping. Since then, they have grown as a market leader over the African continent. They have also gone on to list their shares on the stock exchange, in 2019. The listing went well; their stock prices surged 75% on its first day of trading. This made the company a unicorn with an over $3 billion valuation. But four years after that IPO, everything has crashed. Its stock now trades at somewhere around $4, losing nearly 70% of its value since its listing date.
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In a historic moment for African football, FIFA President Gianni Infantino attended the African League Football (AFL) opening ceremony in Dar es Salaam, Tanzania. The AFL is poised to redefine club football on the continent, focusing on elevating the sport’s quality and boosting financial prosperity. This article explores the significance of the AFL and FIFA’s
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Tokunboh Ishmael, Alitheia IDF co-founder and an early investor in the African tech space, shares perspectives on impact investing.
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Microsoft’s partnership with M-PESA Africa aims to digitally upskill Micro, Small, and Medium Enterprises (MSMEs) across Africa, bridging the skills gap and fostering economic growth. Discover how this collaboration is set to transform the future of African small businesses.
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irtel Africa, in partnership with the Rwandan government, introduces an affordable 4G smartphone as part of the ConnectRwanda 2.0 initiative. Discover how this public-private partnership is set to boost digital inclusion and drive economic growth.
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Microsoft’s partnership with Flutterwave aims to revolutionize payment solutions for African SMEs. Discover how this collaboration will drive economic growth and digital financial inclusion across the continent.
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Kenya, often referred to as the “Silicon Savannah” due to its growing influence in the world of information and communication technology (ICT), continues to strengthen its position as a global tech leader. Its forward-thinking policies, favorable investment climate, and a burgeoning population of tech-savvy youth have made it an attractive destination for some of the
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