Business
Business news, announcements, funding, reports, in-depth graphs and much more to help you understand the world better
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Startups
MyCover.ai Raises $1.25M Pre-Seed Funding to Reinvent the African Insurance Sector
MyCover.ai raises $1.25M pre-seed funding to boost digital insurance infrastructure and access across Africa
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Announcements
PwC Unveils 2022 Economic Crime and Fraud Survey: A Spotlight on the Rising External Fraud in Eastern Africa
PwC's 2022 survey reveals high fraud levels and emerging economic crime trends in Eastern Africa.
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News
Kenya Cabinet Lifts ICT Rule Requiring 30% Local Ownership
Kenya Cabinet ends 30% ICT ownership rule, attracting foreign investment and fostering digital economy growth and technology sector.
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News
Mastercard and SomBank Join Forces to Revolutionize Payments in Somalia
Mastercard and SomBank introduce debit card, expanding digital payments and financial inclusion in Somalia.
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Announcements
Report: 76% Surge in CyberAttacks on Businesses in Kenya, South Africa and Zambia
Cyberattacks on African businesses rise by 76%, emphasizing the need for enhanced cybersecurity measures and collaboration with experts.
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News
Kenyan Innovators Secure KES 13 Million in Grants at Mozilla Africa Innovation Challenge
Kenyan innovators win Ksh. 13 million at Mozilla Africa Innovation Challenge, promoting tech entrepreneurship and innovation.
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News
4 Southern African Countries Forge Ahead Abolishing Roaming Fees; Here are all the benefits expected!
Botswana, Malawi, Zambia, and Zimbabwe abolish roaming charges, forging towards a unified digital market and affordable mobile services.
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News
Absa & Visa Unveil Mobi Tap Solution Replacing Traditional POS Systems
Absa Bank Kenya and Visa revolutionise payments with Absa Mobi Tap - a tap to pay solutions, eliminating POS systems…
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Startups
Mastercard’s Strive Community Fuels MESH Journey to Empower 150K Kenyan Innovators
Kenyan start-up MESH reaches 150,000 entrepreneurs, transforming informal economy with Mastercard's Strive Community program.
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News
Safaricom Ethiopia CEO Anwar Soussa’s Departure Leaves Void to Fill
Safaricom Ethiopia CEO Anwar Soussa departs after achieving milestones, leaving a positive impact on the new telecom company.
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News
YouTube Lowers Monetisation Requirements in 2023: Everything to Know!
YouTube has reduced monetisation requirements in 2023. Smaller creators can now earn revenue earlier thanks to reduced thresholds.
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News
Isuzu Launches Paint Plant to Revolutionise Local Vehicle Production
Isuzu EA advanced paint plant boosts vehicle production, attracts investments, and positions Kenya as a regional automotive leader.
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News
LemFi Launches: New Player Charges Zero Fees For Diaspora Remittances
LemFi, a cross-border payment solution, launched in Kenya, offering zero-fee transactions for diaspora remittances from UK, US, and Canada.
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Startups
Global Startup Awards Africa Announces Regional Winners at GITEX Africa 2023
Global Startup Awards announces 71 regional winners from across the continent of Africa at GITEX Africa 2023.
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News
Kenyan ISP Mawingu Secures Major Funding for Rural Internet Expansion
Kenya's ISP Mawingu obtains significant funding to enhance rural internet access, bridging the digital divide nationwide