News

EXCLUSIVE

Moove inches closer to unicorn status as it plans $300m funding

Moove

EXCLUSIVE

Access Bank fails in first attempt to freeze MTN Nigeria’s accounts over ₦180bn debt claim

law tech

EXCLUSIVE

MTN to spin off Uganda fintech pending regulatory and shareholder approval

MTN MoMo

EXCLUSIVE

Nigeria teams up with Meta to launch AI accelerator and deepen tech collaboration

Meta

EXCLUSIVE

African startups hit $1 billion in funding for 2025 as Egypt leads in May

funding

EXCLUSIVE

OmniRetail founder, Silverback Holdings invest in South African basketball team

OmniRetail team

EXCLUSIVE

CANAL+ and Netflix expand partnership to 24 Francophone African countries

Canal+ partners Netflix in francophone Africa

EXCLUSIVE

Amazon CTO Werner Vogels announces plans for development centers in Africa during Lagos visit

Amazon CTO Werner Vogels

EXCLUSIVE

Sierra Leone to launch first 5G network powered by renewable energy

5G

EXCLUSIVE

Starlink disconnects South African users as regulators clamp down on grey market access

A Starlink kit facing the sky

EXCLUSIVE

Kenya to start taxing startup workers’ shares before they get paid

Kenya Parliament

EXCLUSIVE

Netflix raises prices in Nigeria for third time in two years, sparking affordability concerns amid inflation

Netflix

EXCLUSIVE

Semicolon alumni can now get a Computer Science degree in two years from Tech-U

Semicolon and Tech-U staff

EXCLUSIVE

dLocal to acquire AZA Finance as it looks to grow its African operations

merger

EXCLUSIVE

South Africa seizes Starlink kits in crackdown on local resellers

A Starlink kit facing the sky

EXCLUSIVE

15 startups compete for $10,000 as Pitch2Win announces fifth edition

Pitch2Win

EXCLUSIVE

Fincra secures Tanzanian licence as it expands footprint across East Africa

Fincra team.

EXCLUSIVE

Moniepoint in talks to acquire 78% of Kenya’s Sumac Microfinance Bank after regulatory nod

Moniepoint terminal

EXCLUSIVE

MTN Nigeria’s CTO: Major network upgrades expected by Q4 2025

MTN's office

EXCLUSIVE

AXIAN Telecom acquires minority stake in Jumia

Jumia

A Federal High Court in Lagos has rejected Access Bank’s bid to freeze MTN Nigeria’s bank accounts over an alleged ₦180.95bn debt, pending a full hearing on June 23, 2025.


MTN Uganda wants to separate its fintech unit from its core telecom operations. The planned spin-off is part of MTN Group’s strategy to restructure fintech operations in key African markets.


African startups have raised $1 billion in funding since January 2025, marking a 40% increase compared to last year. Egypt stands out as the top performer, securing 31% of the total funding


OmniRetail founder Deepankar Rustagi joins Silverback Holdings in backing South African basketball team Cape Town Tigers. This co-investment follows Silverback’s profitable partial exit from OmniRetail.


Canal+ has partnered with Netflix to provide content to 24 Francophone African countries in a bid for both media giants to deepen their reach on the continent.


During a rare visit to Lagos, Amazon CTO Werner Vogels announced plans to build development centres in Africa, highlighting the region’s rich tech talent


Sierra Leone is set to launch its first 5G network powered solely by renewable energy. It will be spearheaded by Zoodlabs and CrossBoundary Energy.


Starlink has disconnected South African users accessing its service through international roaming, following enforcement action by the country’s telecoms regulator, ICASA.


Nigerians will have to pay more for their Netflix subscriptions as the global streaming platform increased fees for the third time in two years, with concerns rising over consumer protection.




South Africa is seizing Starlink kits from local resellers, highlighting the country’s struggle to balance telecom regulation with rural connectivity needs.


Fifteen early-stage founders will get a chance to compete and win a $10,000 grant at the fifth edition of the Pitch2win competition.



Despite a recent tariff increase, many Nigerians still face poor service, but MTN Nigeria’s CTO, Yahaya Ibrahim, notes that major network improvements are expected by Q4 2025.


AXIAN Telecom has invested in Jumia, acquiring an 8% stake to help boost the company’s digital retail and fintech efforts.


Moove inches closer to unicorn status as it plans $300m funding

Moove, a Nigerian mobility fintech plans to raise $300m to push its valuation past $1bn, potentially making it Africa’s next unicorn.

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Access Bank fails in first attempt to freeze MTN Nigeria’s accounts over ₦180bn debt claim

Access Bank’s move to freeze MTN Nigeria’s accounts over a ₦180.95bn debt has been dismissed by a Lagos court. The judge ruled there was no urgent risk to the funds.

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MTN to spin off Uganda fintech pending regulatory and shareholder approval

MTN Uganda plans to spin off its fintech division, aligning with a wider MTN Group strategy across Africa.

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Nigeria teams up with Meta to launch AI accelerator and deepen tech collaboration

Nigeria partners with Meta to launch an AI accelerator supporting startups building local solutions, as part of a broader push to boost innovation through public–private collaboration.

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African startups hit $1 billion in funding for 2025 as Egypt leads in May

African startups have raised $1 billion in funding between January and May 2025, a 40% jump from last year. Egypt accounts for almost a third of the total funding raised.

Follow the story

OmniRetail founder, Silverback Holdings invest in South African basketball team

OmniRetail founder Deepankar Rustagi co-invests in Cape Town Tigers with Silverback Holdings, an existing investor in his startup.

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CANAL+ and Netflix expand partnership to 24 Francophone African countries

CANAL+ has partnered Netflix to bundle its offerings across 24 Francophone African countries. The partnership enhances CANAL+’s position as a leading content aggregator in Africa and will deepen Netflix’s reach in Africa amid rising subscription costs.

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Amazon CTO Werner Vogels announces plans for development centers in Africa during Lagos visit

Currently in Lagos, Amazon CTO Werner Vogels says the tech giant plans to build development centres in Africa as there’s growing talent in Africa.

Follow the story

Sierra Leone to launch first 5G network powered by renewable energy

Sierra Leone is set to launch its first 5G network, powered entirely by renewable energy. The move could transform digital access and sustainability efforts.

Follow the story

Starlink disconnects South African users as regulators clamp down on grey market access

Starlink has shut down internet access for South African users on roaming plans after ICASA warned the service is unlicensed. The move affects thousands relying on the satellite provider.

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Kenya to start taxing startup workers’ shares before they get paid

Kenya plans to scrap tax breaks on employee stock options, meaning workers could pay taxes before cashing out. This could hurt startups’ ability to attract top talent

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Netflix raises prices in Nigeria for third time in two years, sparking affordability concerns amid inflation

For the third time in two years, Netflix has increased subscription for its Nigerian customers with growing concerns regarding affordability and economic woes.

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Semicolon alumni can now get a Computer Science degree in two years from Tech-U

Semicolon and Tech-U partner to bridge academia and industry, offering Semicolon alumni a fast track to a Computer Science degree and Tech-U students access to practical tech training.

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dLocal to acquire AZA Finance as it looks to grow its African operations

dLocal is acquiring AZA Finance in a deal rumoured to be around $150 million to expand its African presence, with the aim to deliver localised, efficient payment solutions.

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South Africa seizes Starlink kits in crackdown on local resellers

South Africa is cracking down on Starlink use, seizing equipment and exposing tensions between enforcing telecom rules and expanding rural internet access.

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15 startups compete for $10,000 as Pitch2Win announces fifth edition

Fifteen early-stage startups will pitch and compete for a chance to win a $10,000 equity-free grant and gain exposure to over 30+ global investors at Pitch2Win 5

Follow the story

Fincra secures Tanzanian licence as it expands footprint across East Africa

Fincra has obtained a Payment Systems Provider licence in Tanzania, expanding its footprint to a third East African market.

Follow the story

Moniepoint in talks to acquire 78% of Kenya’s Sumac Microfinance Bank after regulatory nod

Moniepoint has gotten regulatory approval to begin talks to acquire Kenya’s Sumac Microfinance Bank, which has $23 million in assets.

Follow the story

MTN Nigeria’s CTO: Major network upgrades expected by Q4 2025

MTN Nigeria’s CTO, Yahaya Ibrahim, says users can expect significant network upgrades by Q4 2025 as the telco addresses infrastructure gaps, vandalism, and growing demand.

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AXIAN Telecom acquires minority stake in Jumia

AXIAN Telecom has acquired an 8% stake in Jumia as CEO Hassan Jaber says Jumia’s digital retail and fintech capabilities are key to driving economic inclusion in Africa.

Follow the story

A Federal High Court in Lagos has rejected Access Bank’s bid to freeze MTN Nigeria’s bank accounts over an alleged ₦180.95bn debt, pending a full hearing on June 23, 2025.


MTN Uganda wants to separate its fintech unit from its core telecom operations. The planned spin-off is part of MTN Group’s strategy to restructure fintech operations in key African markets.


African startups have raised $1 billion in funding since January 2025, marking a 40% increase compared to last year. Egypt stands out as the top performer, securing 31% of the total funding


OmniRetail founder Deepankar Rustagi joins Silverback Holdings in backing South African basketball team Cape Town Tigers. This co-investment follows Silverback’s profitable partial exit from OmniRetail.


Canal+ has partnered with Netflix to provide content to 24 Francophone African countries in a bid for both media giants to deepen their reach on the continent.


During a rare visit to Lagos, Amazon CTO Werner Vogels announced plans to build development centres in Africa, highlighting the region’s rich tech talent


Sierra Leone is set to launch its first 5G network powered solely by renewable energy. It will be spearheaded by Zoodlabs and CrossBoundary Energy.


Starlink has disconnected South African users accessing its service through international roaming, following enforcement action by the country’s telecoms regulator, ICASA.


Nigerians will have to pay more for their Netflix subscriptions as the global streaming platform increased fees for the third time in two years, with concerns rising over consumer protection.




South Africa is seizing Starlink kits from local resellers, highlighting the country’s struggle to balance telecom regulation with rural connectivity needs.


Fifteen early-stage founders will get a chance to compete and win a $10,000 grant at the fifth edition of the Pitch2win competition.



Despite a recent tariff increase, many Nigerians still face poor service, but MTN Nigeria’s CTO, Yahaya Ibrahim, notes that major network improvements are expected by Q4 2025.


AXIAN Telecom has invested in Jumia, acquiring an 8% stake to help boost the company’s digital retail and fintech efforts.