Airtel Africa has announced remarkable half-year results ending September 2025, showcasing transformative growth driven by its strategic focus on digital services and financial inclusion. The company reported a 24.5% increase in constant currency revenue, reaching $2.98 billion, marking one of its strongest performance periods to date. For the first time, data revenue at $1.16 billion…
Commercial International Bank (CIB), talabat, and Mastercard have joined forces to accelerate Egypt’s transition toward a cashless economy through the launch of a co-branded credit card designed for the digital generation. This strategic partnership aligns with Egypt Vision 2030 and reinforces the commitment of the three organizations to expand digital payment adoption, enhance financial inclusion,…
Dangote Group has unveiled an ambitious refinery expansion plan that will see its US$20 billion Lekki facility increase output to 1.4 million barrels per day within the next three years. This strategic move would make the Lagos-based refinery one of the largest single-site refining facilities in the world, significantly expanding its influence across the global…
Velents.ai, a fast-growing enterprise AI startup, has successfully raised $1.5 million in funding while simultaneously launching Agent.sa, the first fully autonomous Arabic-speaking AI employee purpose-built for organizations across the Middle East and Africa. This breakthrough represents a major leap in the future of digital workforces, demonstrating how artificial intelligence can move from being a support…
Valu, Egypt’s leading financial technology company, has announced the renewal of its strategic collaboration with Amazon Egypt (Amazon.eg), marking a major advancement in digital commerce and consumer financing in the country. This renewed partnership is set to elevate the shopping and payment experience by expanding access to Valu’s innovative financing programs, enabling customers to enjoy…
UNICEF and GSMA have officially launched the Africa Taskforce on Child Online Protection at MWC25 Kigali, marking a major milestone toward safeguarding children in Africa’s growing digital ecosystem. This Taskforce, the first of its kind, has been established as a multi-stakeholder platform that will lead, coordinate, and advance efforts to protect children’s safety and rights…
Standard Chartered Uganda has reached a significant strategic milestone after entering into an agreement to sell its Wealth and Retail Banking business to Absa Bank Uganda. This move forms part of Standard Chartered’s broader global strategy to streamline operations and focus on areas where it delivers the strongest competitive advantage. The agreement, which is subject…
Yaga has secured €4 million in pre Series A funding to accelerate its secondhand fashion marketplace across the Middle East and Africa, marking a significant step in advancing sustainable fashion in high growth markets. Led by Specialist VC with participation from H&M Group Ventures, Trind Ventures, Startup Wise Guys, and key angel investors, this funding…
