Cellulant Revamps Leadership Post-CEO Departure, Aims for Profitability
These hires are crucial for Cellulant's business across 13 African markets. The company aims to excel in checkout, payout, and banking solutions, focusing on sustainability and profitability.
SafeBoda Launches Eco-Friendly Electric Option, Going Green in Uganda
The transition to electric bodas brings several benefits. Firstly, it reduces air pollution in cities and provides quieter rides for passengers.
Seacom Launches Satellite Service Following Subsea Cable Disruption
Unlike regular internet, which relies on local stations, satellite internet can keep working even if local stations fail, like during a power outage.
Nigeria’s Bid to Extradite Binance Executive from Kenya Hits Legal Snags
Cooperation between law enforcement agencies, including Interpol, is limited by legal frameworks.
South African Authorities Grant Crypto Licences to VALR, Luno, and Zignaly
This approval follows the FSCA's recent announcement indicating its intention to grant operating licences to 59 crypto firms, with hundreds more undergoing review.
Pula Secures $20M Series B to Provide Insurance to 100 Million African Farmers
Pula works with over 100 partners in 22 countries to reach farmers. Instead of selling insurance directly to farmers, they embed insurance offers in farm input costs or credit.
Canal+ Boosts MultiChoice Ownership to 40.01%
Speculation has arisen regarding Canal+'s potential to acquire a majority stake in MultiChoice, surpassing the 50% threshold.
Telcos Strive to End Sudan’s Lengthy Telecoms Blackout
Some local mobile network operators (MNOs) are trying to bounce back, but it's not easy.
Nigeria Unveils Solar Subsidy Initiative for Underserved and Unserviced Regions
This endeavour entails extending subsidies to developers and operators of solar mini-grids in underserved regions, facilitated by a substantial $750 million loan sanctioned by the World Bank.
Verod-Kepple Africa Ventures Raises $60 Million to Back 21 African Startups
The venture also gained support from new investors, including Nigeria’s SCM Capital, Taiyo Holdings, and C2C Global Education Japan.