Blog Archives

Lemfi is cashing in big! The African-focused startup just pocketed a cool $53 million in Series B funding, led by Highland Europe. For those not in the know, Highland only plays with the big leagues—startups pulling in over €10 million […]

TikTok has slammed as “pure fiction” reports suggesting the Chinese government might greenlight the sale of the wildly popular app to Elon Musk. Rumors swirled after Bloomberg and The Wall Street Journal claimed Beijing officials were entertaining the idea to […]

In a bold move to supercharge Ghana’s fintech sector, Mastercard has officially landed in Accra, making it the epicenter of its West African operations. With a sharp focus on digital payment solutions, this new hub is set to revolutionize financial […]

Alphabet Inc. (NASDAQ:GOOGL) just got a shiny upgrade from Stifel analysts, bumping its price target from $200 to $225 while keeping a resounding “Buy” rating. The tech titan is strutting near its 52-week high of $201.42, boasting a market cap […]

The Kenyan government is shaking things up in the pension world! Tax breaks for retirement savings just got a major boost, with the annual limit soaring to a cool KSh 360,000. That’s a 50% jump, folks! This move is aimed […]

Tanzania just had a year for the record books when it comes to attracting investment. Think of it like a giant economic piñata, and 2024 was the year it exploded with cash! The Tanzania Investment Centre (TIC) – basically the […]

Two of the biggest names in stock photos, Getty Images and Shutterstock, decided to throw a massive merger party. They’re basically saying, “Hey, let’s pool our resources and become the ultimate image empire!”

Communications Authority (CA) is proposing a hefty new fee for satellite internet providers, which could send shockwaves through the industry and potentially through your wallet.A proposal to significantly increase the 15-year licensing fees for satellite Internet providers (ISPs) from $12,302 […]

Nigeria’s financial heavyweight, Guaranty Trust Holding Co. (GTCO), just completed the first leg of their epic capital-raising marathon, bagging a cool 209 billion naira from eager Nigerian investors. This cash injection is crucial for GTCO to keep pace with the […]

The digital world, it seems, has a price. In 2024, Africa took a hefty internet outage hit, losing a whopping $1.5 billion. That’s a digital dent, folks! And guess who the biggest loser was? Sudan, where the internet basically took […]