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OPay Achieves Profitability Milestone as Daily User Base Approaches 10 Million Mark
Leading fintech firm OPay has nearly reached the 10-million user mark and has reached its first monthly profitability milestone with over 9 million daily active trading users. OPay was…
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East African Nations Struggle with Internet Disruptions After Cable Cuts
In a recent tweet, industry expert Ben Roberts of Liquid Intelligent Technologies has reported that Internet users in Kenya, Tanzania, Rwanda, and Uganda have experienced poor connectivity due to…
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eTranzact International PLC Enters Ugandan Market
eTranzact International PLC, a leading Nigerian payment technology solutions provider recently secured its place in Uganda’s growing digital landscape after receiving operational licenses from the Central Bank of Uganda…
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Maisha Namba Digital ID Programme Reaches Milestone with Over 13 Million Issued by Government
The new Maisha Namba digital ID has been issued to nearly 13 million Kenyans. In the following two years, the government hopes to issue 32 million IDs. This was…
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DAIRU and South Africa’s Vision for AI in Defence
The launch of the Defence Artificial Intelligence Research Unit (DAIRU), South Africa’s first artificial intelligence research unit, marks a significant step forward in the country’s efforts to establish itself…
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Showmax Reintroduces M-PESA as a Payment Option for Kenyan Customers
Popular South African streaming provider Showmax has added M-PESA back into its app as a direct payment option for users in Kenya. The recently rebuilt app did not have…
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Key Highlights and Milestones Achieved by Safaricom in FY 2023/24 as it Hits Record Billion-Dollar Mark in Earnings
Safaricom delivered a remarkable performance in FY 2023/24, exceeding its revised group guidance. The Kenyan operation achieved a notable KES KES 140 billion earnings before interest and taxes (EBIT),…
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Alitheia IDF Invests $4.5 Million in Seamfix for Enhanced Digital ID Verification Systems across Africa.
Seamfix, a Nigerian digital identity solutions provider, has secured $4.5 million in funding to expand its digital ID and credential services into five new African countries, including Ghana, Kenya,…
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Can AI transform African Media?
The AllAfrica Media Leaders Summit, which is taking place in Nairobi, is a significant event for media leaders and practitioners from across Africa. The summit, themed “Re-engineering African Media…
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Flutterwave’s Journey to Wall Street
Flutterwave, a leading African payments company,is considering a potential listing on the New York Stock Exchange, possibly as a dual listing with Nigeria. The San Francisco-based company raised $170…
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