Chinelo Ezeobi 
The recent report by the GSM Association (GSMA) and the UK’s Department for Business and Trade sheds light on the impact of e-commerce on micro, small, and medium enterprises (MSMEs) in Africa. While the potential for growth is evident, the continent lags in fully leveraging the e-commerce opportunity. The report, launched during MWC Kigali, unveils … Read more
Airtel Africa plc has made an official announcement regarding the renewal of existing service agreements with Bharti Airtel Limited (BAL) and its subsidiary Bharti Airtel International (Netherlands) B.V, (BAIN). This renewal signifies a strategic move by Airtel Africa to uphold and strengthen its operational framework and financial functions. The services encompass financial, operational, and corporate … Read more
In a recent update, Tesla announced a revision to its 2023 capital expenditure, exceeding the initially set target of $7 billion to $9 billion. The electric vehicle giant attributed the increase in spending to its intensified production efforts across various factories and preparations for the launch of new models. Production Boost and Model Launches Tesla … Read more
Expansion Plans for Growth Markets Truecaller, the globally renowned caller ID platform, has announced the appointment of Ogochukwu Onwuzurike as the new Country Manager for Nigeria. This move is part of Truecaller’s strategic efforts to expand its operations in what it identifies as ‘growth markets,’ with a focus on Nigeria and Colombia. Chairman’s Welcome and … Read more
The AfricArena Tunisia Summit, concluded in October 2023, showcased the burgeoning tech ecosystem in Tunisia, with startups from across Africa presenting innovative solutions. Led by AfricArena’s Founder and CEO, Christophe Viarnaud, the summit highlighted the significant increase in investments in Tunisia’s technology sector. Recognition for Innovative Concepts During the awards ceremony, champions in various pitch … Read more
Zambia’s Minister of Finance and National Planning, Mr. Situmbeko Musokotwane, has offered valuable insights to Ghana, urging the West African nation to implement restrictive laws on debt accumulation. Drawing from Zambia’s own experiences, he emphasized the importance of combining legal restrictions with comprehensive reforms to enhance credibility with creditors, the international community, and citizens while … Read more
In a monumental leap towards sustainable transportation, South Africa has emerged as a trailblazer in electric vehicle (EV) adoption, experiencing an astonishing 127% growth in EV sales year-on-year. This surge not only signifies a growing awareness among South African consumers regarding EVs but also underscores the government’s commitment to fostering clean and sustainable mobility. Government … Read more
The US dollar maintained a steady position, hovering close to a two-week low following the release of minutes from the Federal Reserve’s recent meeting. The minutes revealed a cautious stance among policymakers, contributing to uncertainty in the market. Key Highlights: Market Outlook: The market remains cautious, awaiting key economic indicators to gauge the trajectory of … Read more
In a strategic move aimed at enhancing the efficiency of the Lagos Rail Mass Transit (LRMT) Blue Line, the Lagos State Government has announced a temporary shutdown of train services. This brief interruption is scheduled for Saturday, October 14, and Sunday, October 15, facilitating the transition from locomotive to electricity. Purpose of the Temporary Closure … Read more
Bolt, the on-demand mobility platform in Africa, has accelerated its commitment to driver welfare with the launch of a driver engagement centre in Randburg, Johannesburg. This strategic move aims to bolster driver relations, providing a dedicated space for addressing concerns, fostering communication, and elevating overall driver experience. Key Features and Benefits of the Driver Engagement … Read more