Africa's Tech Future, Today.
The Central Bank of Kenya is seeking enhanced regulatory authority to intervene in and directly manage troubled financial technology companies. The proposed legislative changes aim to protect consumer funds and preserve systemic stability across the digital financial services sector.
From early childhood fascination with keyboards and underlying mechanisms, a pioneer's journey evolved from experimenting on a mechanical typewriter to designing high-performance computing infrastructure. Today, those early operational insights fuel the deployment of next-generation exascale AI supercomputers across Europe.
Commercial brands in Kenya are balancing digital marketing expansion with print advertising budgets. Despite audience shifts toward mobile feeds and online news platforms, traditional print newspapers retain unmatched institutional prestige and corporate credibility.
The Foundation for Digital Justice has filed a lawsuit against TikTok Inc. at the Federal High Court in Abuja over access restrictions affecting users in northern Nigeria. The legal action addresses alleged geoblocking across Kano, Kaduna, Kebbi, and Sokoto states.
Wealth management platform Cowrywise has surpassed 1 million executed stock trades on its digital investment application. The milestone reflects expanding retail investor participation in the Nigerian Stock Exchange as young, tech-savvy users adopt automated equity trading tools.
Fintech and asset-financing platform M-KOPA has acquired Finnish software firm KilpiTek Oy for $8 million (approximately KES 1.04 billion). The acquisition brings core device-locking technology in-house as the company scales its pay-as-you-go credit offerings across African markets.
On-demand delivery platform Glovo has appointed Reni Onafeko as its Country Managing Director for Nigeria. Taking over from Lamide Akinola, Onafeko will drive the company's next expansion phase across key urban markets.
Rising Tide Africa has led a 1 million dollar investment round in Nigerian clean technology enterprise Ororo Waste. The capital injection will accelerate the collection and processing of used cooking oil for conversion into sustainable aviation fuel and industrial biofuels.
Airtel Money has set its initial public offering price at 1.96 pounds per share, securing an estimated market capitalization of 5.3 billion pounds, or approximately 7 billion dollars. The listing involves existing shareholders offering 270 million shares on the London Stock Exchange, establishing a major benchmark for African mobile payments.
An analysis of venture capital performance across Africa over the past ten years evaluates overall cash returns, liquidity events, and distributed capital. The findings highlight structural challenges in exit mechanisms while demonstrating how successful exits have concentrated within key regional technology hubs.
The Johannesburg Stock Exchange and the Technology Innovation Agency have partnered to run a 16-week pilot initiative for 10 South African tech SMEs. Focusing on health, agriculture, and fintech, the program aims to build investment readiness, refine pitches, and connect founders to capital providers.
The insolvency proceedings of Koko Networks (UK) Limited have hit a hurdle as administrators fail to secure viable offers for its carbon credit assets. With major debt liabilities looming, creditors face near-total losses as the British entity progresses through a formal wind-down.
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