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….
Bolt has announced the appointment of Milu Kipimo as Country Manager for South Africa, bringing his extensive experience from East and North Africa to lead Bolt Business operations in the region. Previously serving as Senior Country Manager for Tanzania, Tunisia, and Ghana, Milu has over five years of business leadership experience, spanning mass media and…
Liquid C2’s Cloudmania has entered a strategic partnership with AvePoint to accelerate cloud transformation across Africa, opening new markets and driving secure cloud adoption throughout the continent. The collaboration will integrate AvePoint’s data protection, governance, migration, and SaaS management tools into Cloudmania’s portfolio of Microsoft-based solutions, enhancing the value delivered to businesses across multiple sectors….
Apple’s event of September 9, 2025, delivered one of the company’s most comprehensive ecosystem-focused announcements in years. Rather than spotlighting a single device, Apple highlighted three major themes: artificial intelligence built directly into devices, a redefined iPhone lineup, and more durable hardware designed to last longer. This marks a significant step in Apple’s strategy to…
Ethiopia has officially inaugurated the Grand Ethiopian Renaissance Dam (GERD), a monumental US$4.2 billion project that now stands as Africa’s largest hydroelectric plant. This milestone represents a historic achievement for the nation as it pursues energy independence and strengthens its role as a regional power supplier. For Ethiopia, the completion of the dam is not…
Accion Ventures has closed its second fund at $61.6 million, nearly doubling the size of its inaugural $33 million fund launched in 2019. This milestone highlights the growing confidence of global investors in Africa’s fintech ecosystem, even as Silicon Valley interest in the region cools. The fund is set to accelerate the next wave of…
Verto, a leading global B2B payments platform, has officially launched the Atlas Suite, a next-generation API-first embedded finance solution designed to simplify and power cross-border transactions. The suite is tailored for fintechs, digital marketplaces, and platforms that are looking to seamlessly scale across Africa and beyond. By integrating banking, foreign exchange, and payment services through…
