Economic headwinds provide opportunities for agile fintechs

At this time of the year there is usually a flurry of articles attempting to lay out trends to look out for in various industries over the coming months. This is a good exercise as it gets one thinking about industries broadly and technology specifically. By Andy...

Ukheshe buys up EFT Corporation

Ukheshe International has acquired 100% of EFT Corporation from parent Loita Transaction Services (LXS), a pan-African payment solutions and financial switching provider. This transaction follows on Ukheshe’s 2022 acquisition of Masterpass in South Africa and...

Our diversity is Africa’s superpower

Africa is widely acknowledged as the most diverse continent boasting and estimated 3 000 distinct ethnic groups and over 2 000 languages. By Lizelle Strydom, MD of CareerBox Africa A 2013 study by Erkan Goren which is now considered the global benchmark for measuring...

Africa50 Infrastructure Acceleration Fund secures strong support

Africa50 Group, the pan-African infrastructure investment platform, has announced the successful first close of the Africa50 Infrastructure Acceleration Fund (Africa50 – IAF) – securing $222,5-million in commitments. In an African first, Africa50-IAF...

Parallel Wireless boosts communication across Africa

Parallel Wireless has reached a milestone of 1 500 sites deployed across Africa. Expanding mobile connectivity throughout Africa is a unique challenge due to unreliable or inaccessible sources of electricity and challenging landscapes that make physical access...

2024 trends for African telcos

Africa’s vibrant telco sector is set for a bumper year in 2024 as it expands operations and broadens service offerings to meet the needs of an increasingly digital-savvy customer base. By Louis Avenant, senior project manager at Itemate Solutions Industry...