MTN Group posts a 33% jump in Q1 core profit.
by MTN Group of South Africa has reported a significant 33% increase in core profit for the first quarter of the year. This surge is attributable …
Tag: Africa
Ghana Unveils Africa’s Largest AI-Powered Security Center
Ghana has taken a bold step into the future of cybersecurity by unveiling Africa’s largest AI-powered security center. This landmark facility, launched by Virtual Infosec …
Kofa Secures $8.1M to Expand AI Battery Swapping in Africa
Ghana’s Kofa, a leading clean energy startup, has raised $8.1 million to supercharge its AI-powered battery swapping network across Africa. This landmark funding marks a …
Circle and Onafriq partner to cut Africa’s payment costs with USDC.
Circle, the global leader in stablecoins and issuer of USDC, has announced a groundbreaking partnership with Onafriq, Africa’s largest payments gateway. Together, they aim to …
Kenya set to overtake Ethiopia as East Africa’s top economy.
Kenya is on the brink of a historic economic milestone. According to the International Monetary Fund, Kenya is set to surpass Ethiopia and become East …
DeFi, SovFi, and NSE to launch Kenya Digital Exchange (KDX).
The Kenya Digital Exchange (KDX) is set to revolutionize Africa’s financial landscape. This landmark initiative is a strategic partnership between DeFi Technologies, SovFi Inc., Valour …
Only 38% of Africans used the internet in 2024 — ITU.
The International Telecommunication Union (ITU) has released a sobering report showing that only 38% of Africa’s population was online in 2024. This figure is significantly …
Nigeria Leads Africa in Web3, Adds 4% of Global Devs in 2024
by Nigeria has emerged as Africa’s powerhouse in the Web3 space, contributing a remarkable 4% of all new Web3 developers worldwide in 2024. This milestone positions …
Stitch Raises $50M Series B to Accelerate Payment Solutions in Africa
Stitch, a leading South African payments infrastructure startup, has secured $55 million in a Series B funding round. This significant investment marks a pivotal moment …
PayPal and TerraPay Partner to Boost Cross-Border Payments in MEA Region
PayPal and TerraPay have announced a landmark partnership to transform cross-border payments across the Middle East and Africa (MEA). This collaboration is set to empower …