Author: Loni Prinsloo

Nasdaq-listed e-retailer Jumia Technologies plans to focus on Nigeria as part of a bid to turn profitable.

The dispute over taxes might seem niche, but in the case of Congo the stakes are enormous.

Telecel Group has bought two West African units from MTN Group as it scales operations ahead of a future listing.

MTN Group increased its fintech transaction volumes by a third in its latest financial year.

Private equity firm Actis is in talks to buy Swiftnet, the mast and tower business owned by Telkom, sources said.

Planet42 has raised debt and equity funding from Standard Bank to help the rent-to-buy start-up repay costly euro loans.

Nasdaq-listed Equinix will invest $390-million in Africa, including South Africa, over the next five years.

Top Sky executive Andrea Zappia has been named chairman of MultiChoice Group-owned Showmax.

Eskom will use a portion of $12.5-billion in multilateral loans to deliver power to areas where the grid is overloaded.

Norrsken22 has received the backing of more than 30 unicorn founders and institutions for new tech investments.