News

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. […]

The Donald is back, and so is the drama. Sworn in as the 47th US president, Trump wasted no time launching a policy blitz that’s sure to shake things up for Africa. From slashing aid to climate chaos, his “America […]

In a financial landscape where payment fragmentation gives merchants regular migraines, Egyptian fintech startup MoneyHash just secured a healthy dose of investor confidence – $5.2 million worth, to be exact. The pre-Series A funding round reads like a who’s who […]