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MPs Greenlight KES 204bn Safaricom Stake Sale to Vodacom

The Parliament has formally approved the divestiture of a 15 per cent government stake in Safaricom to Vodacom, in a deal valued at KES 204 billion. The decision follows the tabling of...

Nedbank Partners with Crypto.com to Explore Blockchain Payments Across Africa

Nedbank Group said on Thursday it had entered a strategic partnership with Crypto.com to explore blockchain-based payment, settlement and liquidity solutions across Africa, in...

Canal+ Unveils €100m Rescue Package for MultiChoice Following Subscriber Exodus

The French media giant Canal+ has launched a sweeping €100 million recovery plan to revitalise MultiChoice, as the African pay-TV leader struggles to stem...

MPs Greenlight KES 204bn Safaricom Stake Sale to Vodacom

The Parliament has formally approved the divestiture of a 15 per cent government stake in Safaricom to Vodacom, in a deal valued at KES...

Persistent Launches $70 Million Africa Climate Venture Fund

Climate venture builder Persistent said on Tuesday it had launched a $70 million early-stage investment fund to support climate-focused startups across Africa, along with...

Gig Economy App Launches to Tackle Youth Unemployment in Kenya

A new mobile marketplace has launched in Kenya, aiming to bridge the gap between urban youth and the informal labor market. The platform, known as...

Tony Elumelu: The Billionaire Philanthropist Betting $100m on Africa’s Start-ups

The Nigerian billionaire and philanthropist, Tony Elumelu has revealed that his foundation has now deployed more than $100m in seed capital to bolster African...

Nedbank Partners with Crypto.com to Explore Blockchain Payments Across Africa

Nedbank Group said on Thursday it had entered a strategic partnership with Crypto.com to explore blockchain-based payment, settlement and liquidity solutions across Africa, in...

MPs Greenlight KES 204bn Safaricom Stake Sale to Vodacom

The Parliament has formally approved the divestiture of a 15 per cent government stake in Safaricom to Vodacom, in a deal valued at KES 204 billion. The decision follows the tabling of a comprehensive report by a joint parliamentary committee comprising the Finance and National...