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The International Finance Corporation (IFC), the private investment arm of the World Bank Group, has made a landmark $100 million debt financing commitment to Raxio Group, a Sub-Saharan data center platform. This funding aims to accelerate deployment of critical infrastructure…
The MCP Hackathon Africa 2025, spearheaded by The Cortex Hub, is a continent-wide initiative running from September through November 2025. It aims to anchor Africa’s unique languages, culture, and development priorities into the heart of artificial intelligence through the emerging…
Africa’s smartphone market recorded a solid 7% year-on-year shipment growth in Q2 2025, totaling 19.2 million units, according to the latest Canalys / Omdia report. This marks yet another strong quarter for the region, outpacing many global markets despite challenging…
African payments giant Flutterwave has announced a strategic partnership with Onafriq (formerly MFS Africa) to boost cross-border payments across the continent. The collaboration aims to simplify money movement between countries and improve financial access for individuals and businesses. With Africa’s…
Africa’s fight against cybercrime scored a major victory this year after authorities successfully dismantled over 11,000 malicious online infrastructures during Operation Serengeti 2025, a continent-wide initiative led by INTERPOL. The operation brought together law enforcement agencies, cybersecurity experts, and financial…
Amazon Web Services (AWS) has announced a major expansion of its cloud infrastructure in Africa, unveiling new edge locations in Kenya and Nigeria to boost connectivity, speed, and reliability for businesses and developers across the continent. Why It Matters This…
African startups are kicking off the second half of 2025 with strong momentum, and a few names are catching the eye of investors and industry watchers. Companies like Sava (South Africa), Kenzz (Egypt), and Healthtracka (Nigeria) are emerging as leaders…
Africa recorded a solid 7% year-on-year smartphone shipment growth in the second quarter of 2025, reaching 19.2 million units sold, according to Canalys (now part of Omdia). Even as the global market faces headwinds, Africa is emerging among the strongest…
Africa’s fintech sector is still flexing its strength in 2025: recent analysis shows that out of the nine unicorns on the continent, eight are fintech companies, highlighting how digital finance remains the major driver of startup valuations. What’s Behind the…
The Central Bank of Kenya (CBK) has rolled out new cybersecurity regulations for banks and Savings and Credit Cooperative Organisations (SACCOs), mandating stricter protection measures for financial systems. At the heart of this initiative is the newly established Banking Sector…
