Ethiopia’s economy still runs heavily on cash, with vendors exchanging bills in markets and commuters paying fares in coins on crowded buses. In this environment, Safaricom Telecommunications Ethiopia PLC sees a significant opportunity. Since entering the country in 2022 as the first private operator after decades of state monopoly, the company has gained around 10…
Zambia is making significant progress in strengthening digital inclusion and rural connectivity through the deployment of more than 500 Starlink units and 14 communication towers across rural regions this year. This milestone was highlighted by Situmbeko Musokotwane, the Minister of Finance and National Planning, as part of the country’s eighth National Development Plan achievements. The…
MTN Cameroon has taken a bold step in redefining customer engagement by moving out of the boardroom and into the heart of the marketplace. Led by CEO Wanda Matandela, the senior management team launched the “Exco Market Invasion,” an initiative designed to hear directly from customers in bustling markets such as Akwa, Sandaga, and NdoKoti…
The Egyptian Exchange – EGX has taken a significant step in its digital transformation journey with the launch of its first-ever mobile application, introduced in beta on August 17, 2025. The app is designed to make market data and financial information more accessible to the public, reflecting EGX’s broader vision of leveraging technology to enhance…
Rwanda’s Ministry of ICT and Innovation has entered into a new partnership with the International Labour Organization (ILO) to strengthen digital skills development and accelerate SME digitization. Signed in Kigali, this agreement represents a vital step in Rwanda’s mission to harness technology as a driver of inclusive growth and sustainable development. At the heart of…
Female-led startups in South Africa now have an opportunity to apply for the fourth edition of the Innovest Ignite Accelerator, a programme designed to help early-stage ventures attract investment and scale their impact. This initiative focuses on empowering women entrepreneurs who are driving innovation and building businesses with the potential to create meaningful change. The…
South Africa’s fintech landscape has marked a major milestone as Nedbank Group, one of Africa’s largest financial institutions, has acquired iKhokha in a ZAR1.65 billion (US$94 million) deal. This acquisition reflects Nedbank’s growing focus on digital innovation and inclusive financial services, with a particular emphasis on supporting small and medium-sized enterprises (SMEs). It also underscores…
South African fintech startup Street Wallet has successfully raised US$350,000 in new funding to accelerate its mission of empowering informal traders and service providers with accessible, low-cost digital payment solutions. This latest investment, which values the company at US$2 million, will enable the startup to deepen its market penetration, drive higher sales growth, and expand…
