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Interview: AFF Director Munyi Nthigah on digital financial inclusion

Connecting Africa Video
4/25/2024

Africa Fintech Festival (AFF) 2024 Festival Director Munyi Nthigah spoke to Connecting Africa Associate Editor Matshepo Sehloho at the Africa eGovernance Conference (AfreGov) in Kigali, Rwanda, about the importance of financial inclusion on the African continent.

Mastercard, Onafriq partner to bring secure payments for SMEs

Matshepo Sehloho
4/15/2024

Global payments firm Mastercard and pan-African payments company Onafriq have partnered to bring secure payments to consumers and small and medium enterprises (SME) across the continent.

I&M offers free mobile money transfers to SMEs in Kenya

Matshepo Sehloho
4/11/2024

Pan-African banking group I&M is offering free M-Pesa and Airtel Money transfers to solo business owners.

Connecting Africa Podcast: S3 Ep. 2 – Nigeria's king of micro-payments

Paula Gilbert
4/5/2024

On this episode, we speak to Touch and Pay Technologies Co-Founder and Chief Growth Officer Michael Oluwole about how the startup is digitizing and processing micro-transactions in Nigeria's transport sector and his aspirations to grow the service across the continent.

Paymentology looks to strengthen its African roots

Paula Gilbert
4/4/2024

Global issuer-processor Paymentology's CEO Jeff Parker spoke to Connecting Africa about the company's African roots and aspirations to work with more banks, fintechs and enterprises both on the continent and globally.

Interview: JUMO's Joe Mucheru on AI's role in fintech

Connecting Africa Video
3/28/2024

JUMO President Joe Mucheru joined Connecting Africa Editor Paula Gilbert for a video interview to talk about the fintech company's work across Africa and how it's using artificial intelligence (AI) to provide credit to millions of Africans.

Africa to lead MFS growth in next five years – Ericsson and Juniper Research

Paula Gilbert
3/27/2024

A new report from Ericsson and Juniper Research predicts that almost half of all African mobile subscribers will use mobile financial services (MFS) by 2029 and African MFS transaction values will grow by 114% in the next five years.

MTN grows revenue, but naira slump pulls profit down

Paula Gilbert
3/25/2024

Pan-African telecoms operator MTN Group has reported a major drop in full-year profit as a sharp devaluation in the Nigerian naira pushed down the group's results.

West Africa has become mobile money powerhouse – GSMA

Paula Gilbert
3/20/2024

The GSMA's new 2024 State of the Industry Report on Mobile Money shows that in 2023, over a third of new mobile money accounts globally were from West Africa and the region has doubled its overall number of mobile money accounts over the past ten years.

Kuda secures licenses in Tanzania and Canada

Matshepo Sehloho
3/19/2024

Nigerian digital bank Kuda has secured payment licenses in Canada and Tanzania, allowing it to offer remittance and multi-currency wallet services.

African governments must be enablers of innovation

Matshepo Sehloho
3/14/2024

Panelists at the Africa eGovernance Conference (AfreGov) urged African governments to become enablers and create environments that allow citizens to participate in the digital economy.

Kenya's central bank grants 19 digital lenders licenses

Matshepo Sehloho
3/7/2024

The Central Bank of Kenya (CBK) has licensed a further 19 digital lenders, bringing up the total number of licensed Digital Credit Providers to 51 in the East African country.

Connecting Africa Podcast: S3 Ep. 1 – Trending topics in 2024

Paula Gilbert
3/5/2024

The Connecting Africa Podcast is back for season three. In this episode, we discuss startups and companies making their mark across emerging trends like social commerce, AI and smartphone affordability, and we venture into the hot topic of climate tech.

Mastercard, MTN Group launch virtual MoMo card for 13 African markets

Paula Gilbert
3/4/2024

MTN Group and Mastercard have launched a prepaid virtual bank card and a physical Mastercard companion card for MTN Mobile Money (MoMo) users across 13 markets in Africa.

MWC 2024: African telco deals

Paula Gilbert
3/1/2024

Connecting Africa has compiled a list of all the major deals that African operators announced at MWC 2024 in Barcelona, Spain.

GSMA, SA operators partner on API services to fight mobile fraud

Connecting Africa News
2/26/2024

South African mobile operators MTN, Telkom and Cell C are implementing the GSMA's number verification and SIM swap APIs to combat mobile fraud, as part of GSMA's Open Gateway initiative.

Omdia View: January 2024

Guest Perspectives
2/23/2024

Highlights in January 2024 in the Middle East and Africa included a $200 million fintech deal between MTN and Mastercard as well as 5G network trials by Telecom Egypt – that and more in this month's Omdia View.

SA's iKhokha invests $105M in small businesses

Matshepo Sehloho
2/16/2024

South African fintech firm iKhokha has distributed more than 2 billion South African rands (US$105 million) in working capital to its small and midsized enterprise (SME) customer base.

Mastercard appoints new West Africa head

Matshepo Sehloho
2/15/2024

Global payments firm Mastercard has appointed Folasade Femi-Lawal as its new country manager and area business head for West Africa.

Interview: Orange's Brelotte Ba on digital inclusion

Sponsored Video
2/15/2024

Orange's Middle East and Africa Deputy CEO, Brelotte Ba, spoke to Connecting Africa at Africa Tech Festival 2023 about the operator's work across Africa to improve digital inclusion. He shared how Orange is focused on expanding beyond just connectivity solutions, to provide digital services that are relevant to the communities it serves, including key areas like mobile money and energy services. #sponsored

Safaricom users in Ethiopia tick up

Paula Gilbert
2/7/2024

Kenyan-headquartered Safaricom now has 9 million mobile customers in Ethiopia and just over 3 million M-Pesa users after a year of operating in the Horn of Africa nation.

Mastercard invests $200M into MTN fintech, MoMo offers loans via JUMO

Paula Gilbert
2/6/2024

Mastercard is investing $200 million into MTN Group's fintech business, and MTN's mobile money platform MoMo has partnered with banking tech company JUMO to launch short-term loans in South Africa.

Comment: Agriculture Digitisation - Kenya Small Scale Farmers Forum KESSFF - 2/4/2024

Vodacom, Airtel Africa see strong financial services growth

Paula Gilbert
2/2/2024

Pan-African operators Vodacom and Airtel Africa reported strong third-quarter results this week, with financial services revenue growth a highlight for both telcos.

Global 'funding winter' hits African tech startups

Paula Gilbert
1/29/2024

Disrupt Africa's latest African Tech Startups Funding Report shows that investment into startups fell 28% to US$2.4 billion in 2023, as the global "funding winter" began to bite.

Kenya's Turaco aspires to insure 1 billion lives

Matshepo Sehloho
1/26/2024

Kenyan-based insurtech Turaco spoke to Connecting Africa about how it aims to provide uninsured African communities with affordable insurance options.

Four African cloud startups to watch in 2024

Matshepo Sehloho
1/25/2024

Connecting Africa has compiled a list of four cloud-powered startups that have been making an impact on the lives of the communities they serve and are worth watching in 2024.

Safaricom's M-Pesa experiences second outage in January

Matshepo Sehloho
1/24/2024

Safaricom has confirmed that its mobile money platform M-Pesa has been experiencing outages mainly impacting its paybill services and bank-to-M-Pesa transfers.

Moniepoint: AI is changing fintech for the better

Paula Gilbert
1/23/2024

Moniepoint Founder and CEO Tosin Eniolorunda spoke to Connecting Africa about how artificial intelligence (AI) is positively changing the fintech market in Africa.

Hot startup of the month: Kenya's eBiashara

Matshepo Sehloho
1/22/2024

Connecting Africa's hot startup this month is Kenya's eBiashara, a supply chain finance platform that offers scalable cloud solutions to its customers.

Vodafone, Microsoft partner to move M-Pesa to the cloud

Paula Gilbert
1/16/2024

Vodafone and Microsoft have announced a $1.5 billion, ten-year strategic partnership across Europe and Africa, which includes housing mobile money platform M-Pesa on Azure and enabling generative AI services.

Interview: Vodacom's Mariam Cassim on the evolution of MFS

Connecting Africa Video
1/12/2024

Vodacom's CEO of Financial and Digital Services, Mariam Cassim, joined Connecting Africa Editor Paula Gilbert for a video interview to talk about the evolution of Vodacom's mobile financial services (MFS) portfolio.

Bolt Kenya adds feature to stop offline trips

Matshepo Sehloho
1/12/2024

Ride-sharing platform Bolt in Kenya has introduced a new feature on its app called 'Driver Asked to Pay Off-the-App' to discourage riders from taking trips offline and paying off the app.

Ericsson targets fintech growth through MTN partnership

Paula Gilbert
1/10/2024

Swedish multinational Ericsson is looking to grow its mobile financial services (MFS) business in Africa even further through an extended partnership with pan-African operator MTN.

Orange Mali, TerraPay join forces for cross-border payments

Connecting Africa News
1/8/2024

Orange Mali is partnering with cross-border payments network TerraPay to enable digital payments to and from TerraPay's global network, including other African countries.

Cellulant Group CEO Akshay Grover resigns

Matshepo Sehloho
1/5/2024

Kenyan-based payments company Cellulant is parting ways with Group CEO Akshay Grover.

Hot startup of the month: Nigeria's Enricher

Matshepo Sehloho
12/20/2023

Connecting Africa's hot startup is Nigerian Enricher, a halal wealth management platform that enables individuals and corporates to grow their wealth while adhering to the principles of Sharia law.

ATF 2023: Vodacom SA CEO Sitho Mdlalose on 5G, fintech & fiber

Connecting Africa Video
12/18/2023

Vodacom South Africa CEO Sitho Mdlalose spoke to Connecting Africa Editor Paula Gilbert at Africa Tech Festival 2023 about the telecoms market in South Africa and Vodacom's strategy for growth in 5G, fintech and fiber.

Cassava Tech Talks Ep. 4: More than mobile money

Paula Gilbert
12/14/2023

In the latest Cassava Tech Talks podcast we discuss financial inclusion in Africa and how the ecosystem is evolving beyond just mobile money. Guests are Darlington T Mandivenga, CEO of Sasai, and Kalvin Bahai, principal economist at GSMA Intelligence. #sponsored

SA's Everything.Insure is digitizing, demystifying insurance

Paula Gilbert
12/8/2023

South African insurtech platform Everything.Insure is trying to shake up the insurance market and help 'demystify' insurance for consumers through its digital marketplace.

Onafriq aims to create digital pathways for Africa

Matshepo Sehloho
12/6/2023

African fintech platform Onafriq believes its on a journey to become an omnichannel, multichannel digital platform for African consumers to connect to the rest of the world.

Airtel Zambia, Zanaco Bank enable mobile money for school fees

Matshepo Sehloho
12/1/2023

Airtel Zambia has partnered with Zanaco Bank to provide bill muster services on the Airtel Money platform.

Orange walks away from Ethio Telecom acquisition

Paula Gilbert
11/28/2023

French telecoms operator Orange Group has decided not to buy a minority stake in Ethiopian state-owned operator Ethio Telecom.

Orange launches super app 'Max it' for Africa

Paula Gilbert
11/24/2023

Telecoms operator Orange has launched its own super app, called Max it, in five African countries with plans to roll it out across its operations in Africa and the Middle East.

MWC Kigali: GSMA's Caroline Mbugua on mobile taxes in Africa

Connecting Africa Video
11/20/2023

GSMA Director of Public Policy for sub-Saharan Africa, Caroline Mbugua, spoke to Connecting Africa at MWC Kigali 2023 about how high taxation on Africa's mobile sector is impacting device and service affordability for consumers.

ATF 2023: African startups win big

Matshepo Sehloho
11/20/2023

The Africa Tech Festival held last week in Cape Town, South Africa, saw African startups winning accolades for their innovative skills as well as technological prowess.

Vodacom interim revenue boosted by Egyptian acquisition

Paula Gilbert
11/13/2023

Vodacom Group saw a 35.5% bump in half-year revenue spurred by its investment in Vodafone Egypt last year.

MWC Kigali: Rosemary Kimaku on Ericsson's fintech business

Connecting Africa Video
11/13/2023

Rosemary Kimaku, business development manager for mobile financial services (MFS) at Ericsson spoke to Connecting Africa at MWC Kigali 2023 about Ericsson's MFS business and how fintech is aiding financial and digital inclusion.

MWC Kigali: Vodacom Tanzania MD Philip Besiimire on MFS growth

Connecting Africa Video
11/13/2023

Vodacom Tanzania MD Philip Besiimire spoke to Connecting Africa at MWC Kigali 2023 about Tanzania's competitive telecoms market and growth areas like mobile financial services (MFS).

M-Pesa registers 1.2M customers in Ethiopia

Matshepo Sehloho
11/10/2023

Mobile financial services platform M-Pesa has registered 1.2 million members in Ethiopia since the mobile money service started in August.

MWC Kigali: Safaricom CEO Peter Ndegwa on connectivity in Kenya

Connecting Africa Video
11/9/2023

Safaricom CEO Peter Ndegwa joined Connecting Africa Editor Paula Gilbert at MWC Kigali 2023 for a video interview about the telecoms market in Kenya – the growth of 4G and 5G, M-Pesa and the telco's venture into Ethiopia.

Orange eyes more African 5G launches in 2024

Paula Gilbert
11/8/2023

Orange Middle East and Africa CEO, Jérôme Hénique, told Connecting Africa that the group plans to launch 5G services in most of its African operations by the end of 2024, with Senegal and Côte d'Ivoire first in line.

Chipper Cash strengthens partnership with Visa

Connecting Africa News
11/6/2023

Financial services company Chipper Cash has announced an expanded strategic partnership with Visa to collaborate on card issuance and join forces across regulatory and functional areas.

Vodacom SA, Old Mutual to offer personal loans

Paula Gilbert
11/2/2023

Telecoms operator Vodacom is expanding its lending business to now offer personal loans in South Africa through a partnership with credit provider Old Mutual Finance.

Africa Tech Festival announces finalists for Startup World Cup

Industry Announcements
10/27/2023

The top ten finalists of the AfricaIgnite Pitch Competition have been announced.

Vodacom makes A2X listing, Safaricom acquires M-Pesa Holding

Matshepo Sehloho
10/19/2023

The Vodacom Group has announced that it will officially trade as a secondary listing on the A2X stock exchange at market open on Oct. 26, 2023, while Safaricom has acquired M-Pesa Holding fully.

Interview: Econet Wireless Burundi CEO Nepias Njaravaza on growing mobile penetration

Connecting Africa Video
10/6/2023

Econet Wireless Burundi CEO Nepias Njaravaza spoke to Connecting Africa at the NOVACOM Africa Summit about ways to boost Internet penetration in Burundi and how fintech is assisting financial inclusion in the country.

SA's Bank Zero launches app-based business banking

Paula Gilbert
10/3/2023

South African digital bank, Bank Zero, has made the move into commercial banking, taking on traditional banks in the market with its zero monthly fees proposition.

MTN SA launches MoMo business wallet, remittance service

Paula Gilbert
9/29/2023

MTN's Mobile Money platform (MoMo) has announced more services in South Africa including a business wallet, a streamlined payments feature and international remittances.

Interview: Telekom Networks Malawi CTO Lloyd Gowera on network expansion and 5G

Connecting Africa Video
9/27/2023

Telekom Networks Malawi CTO Lloyd Gowera spoke to Connecting Africa at the NOVACOM Digital Transformation Strategy Summit about the operator's network expansion strategy for 4G and plans for commercial 5G rollout for both the enterprise and consumer markets.

More African SMEs embracing digital payments – Mastercard

Connecting Africa News
9/26/2023

Africa's small and medium enterprises (SMEs) are embracing the use of digital payments according to the latest Mastercard SME Confidence Index.

Interoperability key for mobile financial inclusion – AfricaNenda

Paula Gilbert
9/20/2023

AfricaNenda Deputy CEO Sabine Mensah believes that increased interoperability in Africa's fintech sector and more policy harmonization will aid financial inclusion.

Kenyan President pitches Silicon Savannah investment to Silicon Valley

Matshepo Sehloho
9/18/2023

Kenyan President William Ruto met several American tech CEOs during a US-Kenya business roadshow last week to pitch Kenya as an investment destination.

African fintechs raised $2.7B since 2021 – Disrupt Africa

Paula Gilbert
8/29/2023

Disrupt Africa's 'Finnovating for Africa' 2023 report found that the number of African fintech startups grew 17.7% over the past two years and they raised more than $2.7 billion in funding.

Connecting Africa Podcast S2 Ep. 10 – Financial inclusion reality check

Connecting Africa News
8/28/2023

On the final podcast episode for season two, hosts Tobi Lafinhan, Paula Gilbert and Matshepo Sehloho discuss financial inclusion in Africa and whether fintech services like mobile money are making the impact they promise.

Nominations open for Africa Tech Festival Awards 2023

Industry Announcements
8/24/2023

Nominations are open for the Africa Tech Festival Awards 2023 taking place in Cape Town, South Africa in November 2023.

Safaricom launches M-Pesa in Ethiopia

Paula Gilbert
8/17/2023

Mobile financial services platform M-Pesa is now officially live in Ethiopia, three months after Safaricom Ethiopia was given a license to operate mobile money in the country.

Mastercard to buy stake in MTN's $5.2B fintech business

Paula Gilbert
8/14/2023

MTN Group announced that Mastercard plans to become a minority investor in its fintech business, which the pan-African telco values at $5.2 billion.

Connecting Africa Podcast S2 Ep. 9 – Financial literacy & wealth creation

Paula Gilbert
7/27/2023

The Connecting Africa Podcast team spoke to Bamboo co-founder and CEO Richmond Bassey about his fintech app, which is giving Africans global investment opportunities and promoting financial literacy to help grow the wealth of the continent and its people.

Vodacom Q1 revenue jumps 37% on back of Egypt deal, weak rand

Paula Gilbert
7/21/2023

Vodacom Group revenue increased almost 37% to US$2 billion for the first quarter of the financial year, due to its addition of Vodafone Egypt and the rand's recent depreciation.

The 100 most influential African leaders in 2023

Africa Tech Perspectives
7/21/2023

A new report from Africa Tech Festival and Connecting Africa puts a spotlight on the top 100 African leaders in the telecoms and technology sector in 2023.

BOSS Money expands into Francophone Africa

Paula Gilbert
7/19/2023

Money transfer and remittance service BOSS Money is expanding into Senegal, Côte d'Ivoire, Cameroon, and the DRC.

Africa's fintech market to top US$65B by 2030

Paula Gilbert
7/11/2023

South Africa, Nigeria, Egypt, and Kenya are leading the way for Africa to become the fastest growing fintech market, with fintech revenues projected to grow thirteenfold to US$65 billion in 2030, according to a report from Boston Consulting Group and QED Investors.

Ericsson eyes mobile financial services growth in Africa

Paula Gilbert
7/7/2023

Swedish multinational Ericsson is pushing further into mobile financial services and working to improve financial inclusion for underserved Africans, especially women.

Connecting Africa Podcast S2 Ep. 8 – Empowering the African diaspora

Paula Gilbert
6/30/2023

In this episode the team speaks to Rahim Diallo, founder and CEO of fintech Jawudi, which is shaking up the money transfer space by using 20% of the profits from its remittance service to launch a fund to invest directly back into startups across Africa.

VodaPay super app adds free cash deposits for unbanked

Paula Gilbert
6/14/2023

Vodacom's super app VodaPay has now added a free cash deposit service to expand its reach to unbanked users in South Africa

IFC invests $157M in Safaricom consortium in Ethiopia

Paula Gilbert
6/12/2023

The International Finance Corporation (IFC) is investing $157.4 million in Safaricom Ethiopia's consortium, along with a $100 million loan.

Cross-border payment solution LemFi expands to Kenya

Paula Gilbert
6/6/2023

Cross-border payment solution LemFi is expanding its services in Africa with a launch in Kenya.

Fintechs Centi, Centbee to launch blockchain-based remittances for Africa

Connecting Africa News
6/1/2023

Swiss fintech company Centi and global digital cash wallet Centbee are launching a new blockchain-based remittance service between Switzerland and Africa.

SA's MultiChoice to launch pan-African payment platform

Paula Gilbert
5/29/2023

South Africa's MultiChoice Group is developing an integrated payment platform for Africa in a joint venture with UK-based fintech company Rapyd and private equity firm General Catalyst.

Hot startup of the month: Pan-African fintech KamaPay

Matshepo Sehloho
5/26/2023

This month's hot startup is pan-African fintech KamaPay, which helps individuals and businesses make cross-border payments on the continent.

Digital banking group Tyme raises another $77.8M

Paula Gilbert
5/23/2023

Tyme has raised another US$77.8 million in a pre-series C capital raise, securing two new international investors, while South African flagship TymeBank's customers have reached 7 million.

MTN Cameroon mobile money unit gets PSP license

Matshepo Sehloho
5/19/2023

MTN Cameroon's fintech subsidiary Mobile Money Corporation (MMC) has been granted a Payment Services Provider (PSP) license.

Crypto enthusiasts react to Binance expansion in West Africa

Connecting Africa News
5/18/2023

Binance's peer-to-peer platform has recently expanded its reach in West Africa and local crypto enthusiasts have mixed feelings about the cryptocurrency exchange's growth in Africa.

Connecting Africa Podcast: S2 Ep. 7 – Gender-lens investing

Paula Gilbert
5/17/2023

In this episode, the Connecting Africa Podcast team speaks to Eloho Omame, co-founder of FirstCheck Africa, an early-stage VC firm investing in tech startups founded or co-founded by women.

Vodacom reports revenue growth despite headwinds

Paula Gilbert
5/15/2023

Vodacom Group reported strong financial growth for the year, despite facing headwinds from power supply issues in South Africa, startup costs in Ethiopia, supply chain challenges and higher interest and inflation rates.

Safaricom granted mobile money license in Ethiopia

Paula Gilbert
5/11/2023

Kenya's Safaricom has been granted the license to operate its mobile money service M-Pesa in its new territory of Ethiopia, as the Ethiopian rollout costs put strain on group earnings.

Podcast: Safaricom CIO George Njuguna on training Kenya's next million tech developers

Connecting Africa Video
4/27/2023

Safaricom CIO George Njuguna, the keynote speaker at East Africa Com in Nairobi, Kenya, sits down with Connecting Africa's Paula Gilbert to talk about Safaricom's vision for 2030 and how to build East Africa's digital economies while growing technology talent and digital skills.

Hot startup of the month: Cameroon's Agrix Tech

Matshepo Sehloho
4/21/2023

Cameroonian startup Agrix Tech is helping small-scale farmers to transition from subsistence farming to commercial farming and maximize their profits.

Mobile money transactions hit $1.26T in 2022 – GSMA

Paula Gilbert
4/20/2023

Total mobile money transaction values grew 22% in 2022 to US$1.26 trillion, according to the GSMA State of the Industry Report on Mobile Money 2023, and there are 1.6 billion registered mobile money accounts globally, 781 million of which are in Africa.

Mukuru opens fintech drive-thru in Zimbabwe

Matshepo Sehloho
4/6/2023

South Africa-based fintech platform Mukuru has launched a drive-thru service for domestic and international money transfers in the Zimbabwean city of Harare.

Mobile money taxation threatens financial inclusion – Vodacom

Paula Gilbert
4/5/2023

Pan-African telecoms operator Vodacom is calling for relaxed taxation on mobile money across Africa in a new policy paper which claims fintech taxation could threaten financial inclusion.

Tanzanian fintech Nala pledges $1M investment after securing license

Matshepo Sehloho
3/28/2023

The Central Bank of Tanzania has granted fintech company Nala a Payment Service Provider (PSP) license to operate in the East African country.

Cost-of-living impacts Africa's remittance market – Western Union

Paula Gilbert
3/27/2023

The Global Money Transfer Index from Western Union details remittance inflows and outflows in Kenya, South Africa, Nigeria, Senegal and Morocco in 2022, and consumer expectations for fintech in the future.

Huawei launches its Non-Stop Banking initiative

Matshepo Sehloho
3/24/2023

Chinese multinational Huawei has unveiled its Non-stop Banking initiative at the Intelligent Finance Summit 2023 in Cape Town.

Deep dive into East Africa's tech startup ecosystem

Africa Tech Perspectives
3/22/2023

New survey reveals a lack of access to investors, reliance on international VCs and global recession trends as the biggest barriers for East African tech startups to access funds.

M-Pesa Africa invests $2M in Shared Service Operations Centre

Paula Gilbert
3/22/2023

M-Pesa Africa has launched a Shared Service Operations Centre (SSOC) in Nairobi to support operations in Kenya and five other African markets.

Podcast: What's the Story? African tech startups score $3.3B in funding

Connecting Africa Video
3/17/2023

Connecting Africa's Paula Gilbert joins this Light Reading podcast to explain why the fintech sector is bringing in the most funding, which countries are leading the way for most funding and what these trends mean for the continent as a whole.

MTN SA sells device insurance business to Santam

Paula Gilbert
3/16/2023

MTN South Africa is selling its device insurance book, worth $21.7 million in annual gross written premium value, to insurance company Santam.

SA power cuts knock $38M off MTN Group earnings

Paula Gilbert
3/13/2023

Extensive power cuts in South Africa impacted MTN Group's earnings by R695 million ($38 million) as the operator plans to ramp up installation of more power backups for towers across the country.

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Madica funds three African startups

Madica, an Africa-focused pre-seed investment program, has selected three African startups as its first portfolio companies to receive investment funding.

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Hot startup of the month: Kenya's Ketha Africa

Connecting Africa's hot startup this month is Ketha Africa, a Kenya-based agrifin platform that seeks to automate agriculture ecosystems by connecting the value chain actors and providing a robust network to ensure the security of transactions.

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Empowering Africa through enhanced global connectivity

By China Mobile International

Accelerating Africa's business opportunities with an adaptable 5G

By Red Hat

Future proof your business with integrated customer experience

By Digital Solutions Group

Boosting digital inclusion for socio-economic improvement

By Amdocs

How innovative device financing can help Africa's mobile evolution

By Trustonic

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Industry announcements

New Africa eGovernance Conference comes to Rwanda
Kigali, Rwanda, Tuesday, February 27, 2024
Africa Tech Festival announces finalists for Startup World Cup
Johannesburg, Friday, October 27, 2023
AfricaIgnite Hosts the African leg of the Startup World Cup at ATF
Johannesburg, Wednesday, October 11, 2023

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Africa Tech Festival 2024

November 11-14, 2024
Cape Town, South Africa

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Africa Tech Perspectives

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Uber's Marjorie Saint-Lot on inclusion and sustainability in Africa

Uber's Country Manager for Ghana and Cote d'Ivoire, Marjorie Saint-Lot, shares how the ride-hailing company is approaching public-private partnerships, environmentally friendly initiatives and gender inclusion in Africa.

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The 100 most influential African leaders in 2023

A new report from Africa Tech Festival and Connecting Africa puts a spotlight on the top 100 African leaders in the telecoms and technology sector in 2023.

Story

Deep dive into East Africa's tech startup ecosystem

New survey reveals a lack of access to investors, reliance on international VCs and global recession trends as the biggest barriers for East African tech startups to access funds.

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Guest Perspectives

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Omdia View: February 2024

By Omdia Analysts

Highlights in February 2024 in the Middle East and Africa included 5G launches in Senegal and 5G trials in Egypt as well as Kenya's first 5G MVNO. Airtel also launched a new wholesale connectivity business while MTN and Huawei are planning a joint Innovation Technology Lab in South Africa – that and more in this month's Omdia View.

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Omdia View: January 2024

By Omdia Analysts

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