Africa’s mobile revolution has hit a plateau
The new goal for African telcos is becoming technology platforms not just old goody mobile carriers with dynamic software solutions replacing traditional voice calls and SMS
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What has $15 billion of investments in African startups taught investors?
Outside of tracking fundraising metrics, the last $12bn to $15bn invested in African startups through VC should have been a learning experience. So what are we learning about these experiments in African venture capital so far?
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Thinking about Jumia and the future of e-commerce
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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Carrefour Transforms Black Friday into a Month-Long Extravaganza Across Kenya and Uganda
The highly anticipated Black Friday shopping extravaganza takes a revolutionary turn in East Africa this year as Carrefour, under the ownership of Majid Al Futtaim, introduces EPIC Carrefour Friday in Kenya and Black November in Uganda.
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Is the African Football League a New Dawn for the Continent?
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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Why PE firm Alitheia is banking on women in Africa
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 and M-PESA Africa Collaborate to Build Digital Skills Among African SMEs
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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Airtel Launches $16 Smartphone in Rwanda As Part of Digital Inclusion Efforts
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 and Flutterwave Forge 5-Year Strategic Partnership to Boost African SMEs.
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 Grows Tech Influence With Launch of Amazon Web Services Centre
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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