Jumia Posts $18.7M Operating Loss in Q1 2025
May 9, 2025
Cellulant’s Payment Processing Platform to Power Online and Offline Payments for Businesses in Africa
April 3, 2023
Cellulant has announced the launch of a comprehensive payments infrastructure that aims to revolutionize how businesses in Africa make and receive payments. The move comes as the payments market in Africa is experiencing rapid growth,…
Jumia Posts $18.7M Operating Loss in Q1 2025
May 9, 2025
LG Announces 21% Price Cut on Select Refrigerators and Washing Machines
April 3, 2023
LG Electronics East Africa has announced a significant price reduction of up to 21% on select refrigerators and washing machines ahead of the Easter season. The price cut will be applicable between March 27th, 2023…
Jumia Posts $18.7M Operating Loss in Q1 2025
May 9, 2025
IDC Forecasts Foldable Phone Shipments to Exceed 48 Million Units by 2027
April 3, 2023
Foldable phones have been on the market for a few years now, and according to a press release by International Data Corporation (IDC), they are gaining popularity at an impressive rate. IDC has projected that…
Jumia Posts $18.7M Operating Loss in Q1 2025
May 9, 2025
Amazon Successfully Lobbies Kenyan Government to Drop 30% Ownership Rule
March 31, 2023
The Kenyan government has dropped a policy requiring foreign-owned firms to sell at least 30% of their stakes to local investors after US-based tech giant Amazon successfully lobbied President William Ruto to remove the foreign…
Jumia Posts $18.7M Operating Loss in Q1 2025
May 9, 2025
Infinix Hot 30 series is set to Launch in Kenya Next week
March 31, 2023
Infinix is set to launch its next smartphone series in Kenya next week. The company has confirmed that the Infinix Hot 30 series will be launched on 7th April. This will be the successor to…
SEACOM Appoints Alpheus Mangale as New Group CEO
March 30, 2023
Earlier this month, we told you that SEACOM was looking for a new successor after Oliver Fortuin Stepped Down. Fortuin’s decision to leave SEACOM comes as a result of his desire to be closer to…
Jumia Posts $18.7M Operating Loss in Q1 2025
May 9, 2025
The Nokia G60 5G is Now Available In Kenya for Ksh 53,000
March 30, 2023
HMD Global is expanding its portfolio in Kenya with the launch of the new Nokia G60 5G smartphone. The phone is available in retail stores starting from Ksh 53,000. This device boasts a range of…
Jumia Posts $18.7M Operating Loss in Q1 2025
May 9, 2025
HMD Global Plans to Assemble Some Nokia Smartphones in Kenya
March 30, 2023
HMD Global plans to assemble some Nokia smartphones in Kenya if all goes as planned. The company is planning to set up local assembly plants with its partners and as soon as things are ready…
Jumia Posts $18.7M Operating Loss in Q1 2025
May 9, 2025
Payday Secures Ksh 396 Million Seed Round to Power the Future of Work for Africa
March 29, 2023
Payday has announced a $3M seed round led by Moniepoint Inc with participation from HoaQ, DFS Lab’s Stellar Africa Fund, Ingressive Capital Fund II and angel investors, Dare Okoudjou, Founder and CEO of MFS Africa,…