MTN Group has raised gross proceeds R4.3-billion through the sale of shares in its Nigerian subsidiary that has seen its stake in reduced to 75.6%.
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VodaPay and other financial services offerings are playing an increasingly important role in Vodacom Group’s growth story.
Naspers has closed its OLX in South Africa, saying the move was done so it can focus its customer proposition fully on its property and motor vehicle platforms.
Moove, the African fintech start-up that partners with Uber, has announced its second major fundraising round in less than six months.
Popular word game Wordle has been bought by the New York Times for a seven-figure US dollar amount.
Standard Bank said on Tuesday that its customers are struggling to access its Internet banking platform and its mobile banking app.
Sony Interactive Entertainment will acquire Bungie in a deal valued at $3.6-billion, making it the latest in a wave of consolidations sweeping the gaming sector.
Spotify is big, and the network effects of its music catalogue – now augmented by podcasts – are incredibly powerful.
Six companies, including Telkom, have applied to participate in the disputed upcoming auction by Icasa of radio frequency spectrum.
The co-founders Skype and Flutterwave are among the big names backing a new tech growth fund aimed at investing in African “impact start-ups”.