Raxio Opens Data Centre in Mozambique, Plans Further Expansion Across Africa
According to the company, Raxio MZ1 allows customers to connect with local and international carriers and other customers in specially designed meet-me rooms.
Botswana Approves Starlink License Following President Masisi’s Meeting
With this move, Botswana joins Zimbabwe, which approved Starlink last week after President Emmerson Mnangagwa urged swift regulatory action.
Paystack-Led Group Acquires Brass, Announces CEO Replacement
The acquisition ends months of uncertainty for Brass, which started in October 2023 when customer withdrawal delays led to liquidity concerns and rumours of a shutdown.
Santam Acquires SA Home Services Marketplace Kandua
Kandua will merge with Santam’s existing home service branch, Home+, to form an independent subsidiary under Santam.
Payment24 Partners with Mastercard to Enhance EMV Adoption in EEMEA Fleet Sector
Payment24 started as a digital fuel management and telematics platform but has grown into a global payments provider, offering solutions for the financial, oil, retail, transport, and logistics sectors.
Copia Enters Administration After Failing to Secure New Funding
In July 2023, Copia cut operations and laid off 350 staff. Earlier, it had reduced its workforce by 50 employees to cut labour costs while seeking profitability.
Orca Fraud Secures $550K Pre-Seed Funding to Tackle Fraud in Emerging Markets
Orca, based in Cape Town, plans to use the funds to develop fraud prevention tools tailored for emerging markets and to expand its all-female team.
Microsoft Invests $70 Million in South Africa to Boost Job Creation and AI Development
In recent years, South Africa has intensified its efforts to adopt AI for economic growth, improved efficiency, and to tackle societal challenges.
Bolt Adopts inDrive’s Bidding System to Tackle Ride Shortages
Bolt's new bidding system, similar to what competitor inDrive introduced in Nigeria, aims to motivate drivers to accept more trips, especially during peak times.
Google Announces First Direct Fibre Optic Link Between Africa and Australia
Google's goal with this new route is to create a more resilient network in a region prone to high-impact outages.