MTN Uganda has reported impressive growth in its home broadband sector for the second quarter of the current financial year, significantly boosting its service revenue. The telco achieved a remarkable 130% increase in active subscribers, underscoring the success of its broadband plan in a highly competitive market.
HAVAÍC, the Cape Town-headquartered Venture Capital firm, has announced the promotion of Kiara-Suttner Tromp to Partner. Suttner-Tromp, who joined HAVAÍC in 2019 as a Senior Associate, has played a crucial role in shaping the firm’s financial and analytical strategies. Her efforts were
Meta has announced the launch of two new monetization features for eligible creators in Kenya: In-Stream Ads on Facebook and Facebook Ads on Reels. These features are designed to help creators earn revenue by producing original video content and building their communities on the platform.
Sistema.bio, Africa’s leading biodigester company, has successfully expanded its biodigester technology solutions into West and Southern Africa, becoming the continent’s largest biodigester company. This strategic expansion aims to address energy challenges, promote environmental sustainability, and support access to affordable, clean, and modern cooking solutions across Africa.
mTek, a leading digital insurance platform based in Kenya, has forged a strategic partnership with BuuPass to offer travel insurance coverage for travelers. This partnership aims to protect travelers against any travel-related damages, simplifying the insurance process and providing a seamless, integrated option within the BuuPass platform.
A significant number of video game developers are anticipating investment opportunities following their project pitches at the recent Xbox Game Camp. The camp, hosted by Microsoft, featured a range of innovative projects, including “Tingish” and “Finke Desert Race” by Arkitech Studios, which received notable recognition at The Fak’ugesi Festival Awards in 2022, marking a milestone for African video gaming.
Government revenues from aviation activities surged by 59 percent in the year to June 2023, driven by a significant increase in passenger numbers and flight operations. Airports across the country managed more than 11 million passengers, with flights reaching their highest level in four years, reflecting a robust recovery from the impacts of the Covid-19 pandemic.
Xbox is setting its sights on accelerating growth in the African video game industry following the successful conclusion of its 2024 Xbox Game Camp Africa. This two-day hybrid event was held physically in Johannesburg, South Africa; Casablanca, Morocco; and Nairobi, Kenya, drawing together industry experts from Xbox, aspiring game developers, and gaming enthusiasts from across the continent. The camp was designed to foster innovation and collaboration within the African gaming community.
