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26 Jul

Cape Town leads in FDI ranking for Africa

Start-ups in Nigeria, Kenya, Egypt and South Africa raised a total of US$625-million last year, according to HAVAÍC.

Vodacom rakes in R24.8bn revenue in Q1

The company reports strong results in the first quarter, which also saw the awarding of a telecoms licence in Ethiopia and interest in its VodaPay ecosystem.
23 Jul

MTN earmarks R350m for SA network upgrade

Company adds that it is making progress on its 5G rollout strategy.

Civil unrest threatens to choke M&A-linked investment in South Africa

Baker McKenzie’s latest analysis of Refinitiv data reflects on the challenge before SA, the positive start to the year for Nigeria and the work that lies ahead for Kenya.
16 Jul

Egyptian tech start-ups secure US$46.4m to scale

Taager and MaxAB among those to have confirmed investment.

A vision for the future of the insurance sector: Insurance as a Digital Platform

Clearly a massive untapped market presents itself and digital will be the key driver behind most if not all penetration strategies.

MultiChoice refutes claims as it looks to avoid Nigeria crisis

Fallout from a directive issued by the country’s Federal Inland Revenue Service to freeze company’s accounts.
Jul 1, 2021

Industry touts blockchain tech as catalyst to lift intra-African trade

Insiders predict intra-African trade could rise 20% to 30% within the next five years with the use of digitisation and blockchain.

Ukheshe Technologies announces JV with ForexPeople

boostXB offers new cross-border end-to-end digital remittance service from SA into Africa.
Jun 24, 2021

IT spend in insurance expected to reach US$135bn by 2024

Attributed to the fact that 73% of the financial services industry is projected to maintain or increase IT spending compared to 2020, according to a recent IDC InfoBrief sponsored by Liferay.
Jun 24, 2021

Investors look to capitalise on Africa’s increasingly active mobile telecoms

African Infrastructure Investment Managers (AIIM) latest to announce investment in a new cellphone tower management company focused on West Africa.