Hakuna Matata Media

Telecom Namibia has announced its plans to commence commercial 5G deployment in 2026, aiming to align with industry advancements and compete with its peer, MTC, which began 5G testing earlier this year in partnership with Huawei. Dr. Stanley Shanapinda, CEO of Telecom Namibia, provided the update during a session organized by the Ministry of Information and Communications Technology in Windhoek, addressing questions about the company’s 5G rollout strategy.

Vendease, a leading Nigerian food tech procurement platform, is accelerating its expansion across Africa and intensifying its fundraising efforts. The company has recently appointed Mohamed Chaudry as its new Chief Financial Officer (CFO). Chaudry brings over 20 years of experience in scaling businesses, securing funding, and implementing strategic financial strategies, with a strong emphasis on enhancing operational efficiency.

Kenyan firm Savannah Clinker has made a significant move in the cement industry by placing a Ksh25.4 billion bid to acquire listed Bamburi Cement PLC. This strategic offer comes in response to a competing bid from Tanzania’s Amsons Group, which had previously announced its own Ksh23.9 billion offer. Savannah Clinker’s bid includes an additional Ksh1.8 billion to shareholders if the acquisition proceeds.

SUKHIBA, a Kenyan commerce and CRM platform, has successfully completed a $1.55 million seed extension round led by EQ2 Ventures. This latest funding round saw participation from top-tier investors including Accion Venture Lab, Musha Ventures, Quona Capital, and existing investor CRE Ventures. The funds will be instrumental in scaling SUKHIBA’s operations and enhancing its SaaS platform.