South Africa has abandoned plans to sell a controlling interest in its flagship carrier after three years of negotiations failed to reach an agreement on value and other terms, announced…
Browsing: Business
Standard Bank Group disclosed a notable 14% increase in software, cloud, and technology-related expenditures, attributing the uptick to investments in cloud migration, software licenses, and initiatives centered around personalization and…
In a bid to enhance the efficiency of its marketplace, Amazon unveiled new generative AI-powered features last year, aimed at assisting sellers in swiftly crafting listings with minimal input. Now,…
Moroccan FinTech startup Tookeez has recently announced a successful funding round that raised $1.5 million, with the Azur Innovation Fund leading the investment. This public-private seed capital fund, renowned for…
The President of the African Development Bank, Akinwumi Adesina, has called for an end to natural resource-backed loans, highlighting the inherent risks associated with such deals. In an interview with…
Fintech powerhouse Unlimit has marked its entry into the Tanzanian market by securing approval from the Bank of Tanzania (BOT) for its payment service provider license. This strategic move follows…
SpaceX’s Starlink is under fire for blocking Internet access to a significant number of satellite dishes in South Africa, originally purchased through an unauthorized reseller, Starsat Africa. Customers who had…
Safaricom, the leading telecom company in Kenya, has introduced a groundbreaking initiative, “Grow with Safaricom Business,” aimed at supporting Micro, Small, and Medium-sized Enterprises (MSMEs) in scaling their operations and…
Eyowo, the digital bank, has announced the restoration of its Microfinance license by the Central Bank of Nigeria (CBN), as disclosed in a statement shared with tech media outlet Benjamin…
JSE-listed Homechoice International has successfully navigated economic challenges and reported solid financial results, driven by its strategic pivot from traditional retail to fintech services. The group, renowned for its HomeChoice…