Paratus Group, a leading Pan-African telecommunications provider, has officially entered the Ugandan market through a strategic partnership with Roke Telkom Ltd, one of Uganda’s established internet service providers. The launch of Paratus Uganda marks a significant step in the company’s regional expansion, bringing its continental network expertise together with Roke Telkom’s local infrastructure and experience….
Mastercard hosted its inaugural Africa Edge Summit 2025, a landmark event that convened influential leaders from across Africa’s payments ecosystem to explore how collaboration and innovation can accelerate the continent’s digital transformation. Led by Mark Elliott, Division President for Africa at Mastercard, the summit focused on building the foundational pillars of infrastructure, trust, and interoperability…
Yellow Card, Africa’s pioneering stablecoin startup, has announced a strategic shift from retail operations to focus exclusively on B2B services. The company’s move marks a new chapter in its mission to build a stronger digital financial infrastructure across Africa and beyond. Retail users have until December 31, 2025, to withdraw their funds before the platform…
Octagon Africa, a leading regional financial services provider in pensions administration, insurance brokerage, actuarial, trust, and training solutions, has appointed Davis Ongiro as the new Chief Executive Officer for its Kenyan operations. This appointment marks a significant step in the firm’s ongoing commitment to strengthening its leadership capacity and driving innovation in financial and retirement…
Eutelsat has announced the appointment of Sébastien Rouge as its new Chief Financial Officer and member of the Group’s Executive Committee, effective February 1, 2026. He will serve under the leadership of Chief Executive Officer Jean-François Fallacher. This strategic appointment reinforces Eutelsat’s focus on financial resilience, operational excellence, and long-term strategic growth as it continues…
Revolut has appointed Yacine Faqir as Chief Executive Officer for its Morocco operations, a move that underscores the fintech’s strategic focus on expanding its footprint in North Africa. His leadership arrival comes at a time when Revolut is intensifying its efforts to bring digital banking and payments services into emerging African markets. Faqir joins Revolut…
LG Electronics has entered into a strategic partnership with Flex, a global leader in manufacturing and data center infrastructure solutions, to develop advanced, integrated cooling systems tailored for AI-driven data centers. Through a newly signed memorandum of understanding (MOU), the two companies aim to create modular thermal management solutions designed to meet the growing cooling…
Stream, a Saudi-born billing and payments firm, has raised $4 million in seed funding to accelerate its mission of simplifying how businesses in the MENA region receive payments. The round was led by Outliers VC and BYLD Ventures, alongside notable angel investors including Abdullah Elyas, Co-founder of Careem. This funding underscores the growing investor confidence…
