The Stack Group launches as Paystack holding company

Paystack has announced the launch of The Stack Group (TSG), a parent holding company that will aggregate the tech-focused family of brands connected with Paystack. TSG founding shareholders include Stripe, Shola Akinlade (founder and CEO of Paystack), and existing...

New CEO for WeThinkCode_

As it enters its second decade, WeThinkCode_ has announced that Nyari Samushonga, CEO since 2019, will transition to executive chairperson of the board effective 1 January 2026. Ashmita Singh will succeed her as CEO. Since 2019, Samushonga has led WeThinkCode_ through...

Vertiv completes PurgeRite acquisition

Vertiv Holdings has announced the successful completion of its previously reported intent to acquire Purge Rite Intermediate, a provider of mechanical flushing, purging and filtration services for data centres and other mission-critical facilities. The approximately...

Ezeebit raises $2M for African expansion

Ezeebit, an FSCA-regulated stablecoin and cryptocurrency payment infrastructure company, has closed a $2,05-million seed funding round. The capital will be used to accelerate product development and merchant adoption in South Africa, Kenya, and Nigeria and expand...

Enterprise development comes full circle for Palota

As an impactful way to create employment opportunities and empower South African entrepreneurs, enterprise development plays a critical role in addressing the country’s socio-economic challenges. When implemented with the right structure, mentorship, and ongoing...

Adams & Adams launches AI legal service

Law firm Adams & Adams has launched the SMARTAI IP Portal, a digital platform and advisory service designed to help businesses understand, assess, and address the risks posed by artificial intelligence (AI). “As AI transforms industries at an unprecedented pace,...