Goodwell backs OmniRetail to boost informal retail
Impact investor Goodwell, in collaboration with long-term partner Alitheia Capital, invested through its uMunthu II fund, initiating OmniRetail's Series A fundraising round.
Staff Writer
2:00
Cameroon expands eVisa service through infrastructure investment
The facility will ensure the country's sovereignty over the data created by the eVisa system, safeguard consular data, and modernise internal operations.
1:20
1000 Ugandan students drop out annually due to sports betting
According to Makerere University Vice Chancellor Prof Barnabas Nawangwe, at least 1000 students drop out of the institution each year after losing their fees to sports betting.
2:50
Mozambique restricts mobile money transfers to combat terrorism
The Central Bank imposed transactional limitations on electronic currency institutions and required them to classify their clients based on risk assessment.
1:10
Kenya’s Equity Bank, MasterCard sign remittances deal
Equity Bank customers can now transmit funds via MasterCard cross-border services from any of the bank's offices around the country.
2:40
Canal+ raises its stake in MultiChoice as it seeks overall control
The JSE-listed MultiChoice informed shareholders today that the French media firm's stake has now increased to 40%.
1:30
New markets lift MTN ’s super app Ayoba to 35m monthly users
Ayoba entered new markets in the fourth quarter of the previous financial year, including Kenya, Egypt, Mali, Tanzania, Burkina Faso, and Botswana.
1:10
Launch Africa Ventures adds Bosso to investment portfolio
The venture capital fund is investing in the prop-tech platform due to its proven track record and the potential for growth to address Africa’s housing shortage.
1:30
Top Botswana miner uses AI for diamond exploration
Botswana Diamonds, which is listed on both the London and Botswana Stock Exchanges, announced plans to use Planetary AI Ltd's Xplore technology, to mine diamonds.
3:00
MTN maintains top brand position in SA
Brand Finance named MTN as the country’s most valuable brand, followed by rival telco Vodacom.
1:20
Orange, Coursera to offer free certification courses
The partnership enables young people in Africa and the Middle East to learn digital skills for free and at their own pace.
1:30
Huawei launches Kenya's Seeds for the Future programme
For the 2024 edition, the programme will return to its physical form, with Huawei exposing participants to 5G technologies, cloud computing, and AI.