Tuma Ventures Limited, the Nairobi-based fintech with a knack for shaking up digital payments, just leveled up in Tanzania! The Bank of Tanzania (BoT) has granted Tuma a Payment System Provider (PSP) licence, meaning the company can now roll out […]...
KenGen just pulled off an earnings surprise that would make even the most seasoned investors do a double take. The power giant saw its after-tax profit soar by a jaw-dropping 79% to KSh 5.3 billion in the six months leading […]...
Remember when Big Tech was all about changing the world Well, Google just changed its mind. The search giant has quietly backspaced on some of its diversity hiring targets, joining an ever-growing club of companies hitting Ctrl+Z on their DEI […]...
For decades, USAID has been a pillar of U.S. foreign aid, channeling billions into global humanitarian efforts. But now, with its overseas missions shutting down and staff being recalled, the question arises—was the agency truly a force for good, or […]...
Africa’s richest man, Aliko Dangote, isn’t just sipping coffee—he’s buying the whole café. Dangote, through his private equity firm Alterra Capital, is teaming up with Phatisa Group to snag Java House, East Africa’s beloved coffee and dining chain. The deal, […]...
For years, an MBA from a top school was the ultimate career flex. It promised six-figure salaries, cushy jobs, and enough networking power to jumpstart any career. But in 2024, even elite MBA graduates are hitting a wall. Harvard Business […]...
In a bold, ocean-deep move, Safaricom is making waves by seeking approval to land Kenya’s very first telco-owned submarine Internet cable. Yes, you read that right—Safaricom’s not just sticking to cell towers; it’s heading underwater to claim a slice of […]...
The mobile market just got a little more interesting! Equitel has officially nudged Telkom out of the bronze medal spot in market share, claiming a solid 2.1% as of September 2024. Telkom, now sulking in fourth place, has slid to […]...
Chinese AI startup DeepSeek sent shockwaves through global tech markets, wiping nearly $1 trillion off US and European tech stocks. How By proving that top-tier AI doesn’t have to break the bank. Its new AI model surged to the top […]...
Novacap Investments Inc., a private equity heavyweight from Brossard, Quebec, just closed a $1 billion fund to supercharge digital infrastructure—think faster, stronger, smarter tech. It took two years of hustle and charm to lock in the cash, navigating a choppy […]...
Chinese stocks tripped up after former U.S. President Donald Trump hinted at reviving his 10% tariff threat on the nation’s goods. His reasoning The ongoing fentanyl flow from China to Mexico and Canada. This jab quickly extinguished investors’ earlier hopes, […]...
Netflix is cranking up subscription prices in the US, Canada, Argentina, and Portugal, just as its subscriber base surges. In Q4 2024, the streaming giant added a whopping 18.9 million new users, pushing its global total to over 300 million. […]...