Careem in talks to raise as much as US$500mn in new funds
Ride-sharing app Careem is in early talks to raise as much as US$500mn in new funds from investors, Reuters reported citing sources
Mobile
France’s Orange distributes solar panel kits in some African countries
Orange SA said it would distribute solar panel kits in certain African countries, in a move to potentially gain customers in emerging economies amidst a price war with low-cost rivals in its home markets
Naspers to sell 190mn shares of Tencent for about US$10.64bn
South Africas Naspers said it would sell 190mn shares or 2 per cent of its stake in social media giant Tencent Holdings Limited for about US$10.64bn to "reinforce" its balance sheet and boost growth
Uber, Tigo Tanzania partner to let customers use taxi app without data costs
Ride-sharing company Uber entered a deal with telecom company Tigo Tanzania to let Tigos customers in Dar es Salaam to use the Uber app without data costs
Standard Bank acts as lead adviser on M-BIRR’s US$9.87mn equity raise
Standard Bank Group has acted as exclusive financial adviser to M-BIRR Ltd, which recently completed a successful equity raise of US$9.87mn
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Qualcomm empowers African tech startups with mentorship. (Image source: Adobe Stock)
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GSMA's 2024 report reveals the transformative impact of mobile technology in Sub-Saharan Africa, highlighting key challenges and growth opportunities. (Image source: Adobe Stock)
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Sub-Saharan Africa remains the most active region for mobile money, with East and West Africa seeing the highest growth in registered accounts and monthly usage. (Image source: Adobe Stock)
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PalmPay launches USSD code in Nigeria, enabling millions to access financial services without internet, enhancing financial inclusion. (Image source: Palmpay)
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MTN South Africa partners with KnowRoaming to introduce the Travel eSIM, offering cost-effective data roaming across 150+ destinations worldwide. (Image source: Adobe Stock)
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IPT PowerTech scales clean power networks
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Paratus launches Essential Access connectivity solution
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IFC partners with Cashi to scale interoperable digital payments in Chad. (Image source: IFC)
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Financial inclusion grows through mobile money usage
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GITEX Africa to showcase Vertiv’s HPC innovations. (Image source: Vertiv)
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IPT PowerTech scales clean power networks
Paratus launches Essential Access connectivity solution
IFC partners with Cashi to scale interoperable digital payments in Chad. (Image source: IFC)
Financial inclusion grows through mobile money usage
GITEX Africa to showcase Vertiv’s HPC innovations. (Image source: Vertiv)
Bringing direct-to-cell satellite connectivity to 4G smartphones in no coverage areas
Orange Tunisie rolls out satellite broadband in Tunisia
Digitally track and locate tools with Brady’s RFID solution. (Image source: Brady Corporation)
Satellite partnership expands African connectivity
Oluwamuyiwa Akinmejiwa explains how data sovereignty laws are reshaping digital infrastructure choices for West African banks
Africa’s rising digital talent opportunity
The satellite network will be integrated with the Yas core infrastructure across its markets