Elijah Kimani 
The Zimbabwean government has reaffirmed its commitment to improving healthcare financing through a series of initiatives, including a sugar tax, a health levy, and plans to implement a National Health Insurance scheme. At a recent conference in Harare, officials announced that the sugar tax had generated $18 million, while the health levy contributed $10 million … Read more
In a move that aims to strengthen data security and privacy, Zimbabwe’s Minister of Information and Communications Technology (ICT), Hon. Tatenda Mavetera, has announced that all WhatsApp group administrators will soon be required to obtain a license from the Post and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ). The new rules, which are expected to be … Read more
Safaricom PLC, Kenya’s largest telecommunications company, reported a 17.7% drop in its half-year net profit to KSh 28.1 billion from KSh 34.1 billion. The earnings slump is attributed to a steep 106% depreciation of the Ethiopian Birr, which significantly impacted its fledgling Ethiopian operations. This adverse currency shift inflated Safaricom’s expenses in Ethiopia, costing the … Read more
In a significant move aimed at enhancing its strategic expansion into Francophone Africa, Centum Investment Company PLC (Ticker: CTUM) has announced a partnership with ITM Holdings, a prominent HR firm. This collaboration is expected to bolster Centum’s presence in Kenya’s rapidly growing Business Process Outsourcing (BPO) sector, as outlined in a joint statement from the … Read more
Finding a cofounder at the age of 19, especially in the UK, can be challenging for several reasons, both related to your age and the broader startup ecosystem. Here’s why it might be harder for young entrepreneurs like yourself to find the right cofounder: 1. Limited Network At 19, most people are still in school … Read more
Coinbase CEO Brian Armstrong believes that cryptocurrency is poised to become the most efficient payment rail in the world. Speaking at a recent Goldman Sachs conference, Armstrong emphasized that the capabilities of cryptocurrency, particularly through Base, Coinbase’s layer-2 Ethereum (ETH) scaling solution, have radically improved global transaction efficiency. According to Armstrong, Base has brought transaction … Read more
CCP Games, the creator of the widely popular space MMO Eve Online, has officially rebranded its much-anticipated blockchain-based survival game, previously known as Project Awakening, as Eve Frontier. In a major announcement, the game studio revealed that Eve Frontier will be fully integrated into the Ethereum blockchain, offering players an expansive, decentralized, player-driven space simulation … Read more
South Africa’s second-largest grocery chain, SPAR (SPPJ.J), has announced the sale of its struggling Polish operations to local retailer Specjal for 185 million rand ($10 million). The move is part of SPAR’s ongoing strategy to streamline its European operations. Details of the Transaction SPAR will be required to recapitalize its Polish business, with an estimated … Read more
Ampersand, a pioneering Rwandan electric motorcycle startup, has secured a $2 million Series A extension as it prepares to expand its operations across other East African countries. This new round of funding was led by AHL Venture Partners and Everstrong Capital, reinforcing Ampersand’s mission to revolutionize transportation in Africa with sustainable energy solutions. Accelerating Growth … Read more
As Starlink continues to expand its satellite internet service across Africa, the company has established a variety of pricing structures tailored to different markets. Understanding these costs is essential for consumers and businesses looking to leverage Starlink’s high-speed internet in their respective countries. Below is a detailed breakdown of the hardware and monthly fees associated … Read more