Microsoft and OpenAI have taken another step forward in their long-standing partnership by signing a non-binding memorandum of understanding (MOU). This marks the beginning of the next phase in their strategic collaboration, as both companies actively work toward finalizing a definitive agreement. The move highlights the continued alignment of two of the most influential players…
I\&M Bank Tanzania has entered into a strategic partnership with Pesapal Tanzania, a licensed payment service provider and digital solutions company, in a move set to transform digital payment experiences for businesses across the country. This collaboration positions I\&M Bank Tanzania to enhance its service offering by granting Business customers access to Pesapal’s suite of…
Airtel Gabon and Moov Africa-Gabon Télécom, two of the country’s largest telecom operators, have taken a significant step forward by signing a memorandum of understanding to share network infrastructure. The agreement, announced by Gabon’s Ministry of Digital Economy, Digitalisation and Innovation, marks a major milestone in the nation’s journey to strengthen its digital ecosystem and…
Digital Parks Africa (DPA), a South African-based datacentre provider, and Kenya’s iXAfrica DataCentre have announced a strategic partnership that aims to expand their respective footprints across Southern and East Africa. This collaboration marks a significant step in strengthening Africa’s digital infrastructure, providing businesses and multinational clients with access to integrated datacentre services across key regional…
The Democratic Republic of Congo is stepping into a new digital era as Visa and Onafriq, Africa’s largest payments network, join forces to launch Visa Pay. This strategic partnership introduces a seamless platform that links Visa cards with mobile money wallets, transforming how millions of Congolese access and use financial services. For a market already…
Float, a South African fintech startup, has successfully raised $2.6 million (R46 million) in a funding round co-led by Invenfin and SAAD Investment Holdings. The capital injection will enable the company to accelerate its growth locally while laying the groundwork for entry into new markets. This milestone reflects growing investor confidence in innovative credit solutions…
Acumen has announced the launch of its second Kawisafi fund, securing \$90 million in approved capital to drive climate solutions across Africa. This milestone fund aims to back companies that provide clean and affordable energy to underserved communities, develop resilient transport solutions, expand access to safe cooking alternatives, and open new opportunities for carbon financing….
Paratus Group has taken a major step in transforming East Africa’s connectivity landscape through its strategic expansion across Kenya, Rwanda, Uganda, and Tanzania. This move goes beyond the installation of fiber cables—it represents a deliberate effort to link communities, businesses, and entire economies to reliable, high-speed internet services that are essential in today’s digital-driven world….
