NEWS

South Africa’s Fintech JUMO has succeeded to gather US$ 55m in its debt and equity round included participation from both new and existing investors, like Goldman Sachs, Odey Asset Management, and Leapfrog…

Safaricom (founder of MPESA) and the major telco in Kenya is putting together a group of investors in order to bid for one of the two Ethiopian mobile telcos next month. Ethiopia also plans to sell a…

African Fashion International (AFI) has acquired African art source, Wezart. Started in 2016, the online store aims to assist artists in Africa to sell their artwork online by creating a virtual gallery, make…

A series of large cryptocurrency scams have hit Uganda, turning the East African nation into an unlikely hub for fraudulent firms claiming to offer digital currencies, while preying on weak governance…

Continued rumours circulate about SAPO’s plans to dominate ecommerce delivery in Southern Africa. It is said that SAPO will launch an e-platform soon but details of the ecommerce site’s name,…