Across Africa, the banking hall is no longer the epicentre of financial services. It is the agent kiosk in a trading centre in Arua. The POS terminal inside a hardware…
Afreximbank has extended $50 million in debt financing to African electric mobility company Spiro, as the firm scales up its clean transport infrastructure across the continent. The transaction, first reported…
Uganda has moved up to third position in Africa’s financial markets rankings, overtaking Nigeria and consolidating its position as the leading financial market in East Africa. According to the Absa…
In a sweeping diplomatic shake-up that has resonated across continents, the Trump administration is recalling nearly 30 U.S. ambassadors and senior career diplomats from posts around the world, a move…
MTN Uganda has officially announced a landmark proposal to structurally separate its mobile money and fintech operations from the core telecommunications business, a move set to redefine the company’s financial…
In a region hungry for industrial transformation, one man is quietly forging a revolution. Sanjay Awasthi, the reclusive billionaire behind Tembo Steels, has built Uganda’s most advanced and environmentally conscious…
Airtel Africa has struck a deal with SpaceX to bring Starlink’s high-speed satellite internet to its 14-country footprint with the agreement set to initially focus on nine countries. Currently, SpaceX…
MTN Group and Airtel Africa have entered into agreements to share network infrastructure in Uganda and Nigeria, while ensuring compliance with local regulatory and statutory requirements. In a joint statement published…
MTN is expected to complete the separation of its financial technology (Fintech) business from its listed company under MTN Uganda in the first half of this year. The separation, which…
Uganda, Kenya and Nigeria are among the few African countries that will not face the consequences of a proposed travel ban by U.S President Donald Trump, which if implemented, will…
