Kobo360, the logistics powerhouse backed by Goldman Sachs, is rolling out HaulSight—an innovative fleet management software designed to help Africa’s major manufacturers streamline operations, track vehicles, and cut costs in real-time. With rising fuel prices squeezing margins, HaulSight presents an efficient way for companies like Dangote and Unilever to maximize fleet potential. Will this be a game-changer for Africa's logistics industry?

M-KOPA, a Kenyan fintech giant known for financing solar systems and smartphones, has appointed former Nokia CEO Rajeev Suri as its new board chair. As the company gears up for rapid expansion, Suri's leadership is set to guide M-KOPA into a new era of growth and innovation. With over 5 million users across Africa, M-KOPA is reshaping digital and financial inclusion.

🌍 Access Bank is growing its African footprint! The Nigerian banking giant has secured a provisional license from the Central Bank of Namibia, allowing it to operate for six months starting October 2024. This move marks a major milestone in its continental expansion strategy. 🚀

In a strategic shift, Microsoft is reducing its Nigerian office space and moving key roles to Kenya. Despite these changes, the tech giant reiterates its commitment to Africa's growth, promising continued support and investment in the region.

The recent BCA African Business Book of the Year Awards honour impactful African business literature and reflect increased investor and stakeholder interest in its dynamic business environment. Can the increased attention on business literature help change the narrative on Africa by improving business understanding and focusing attention of the many success stories?

Flutterwave, a leading name in African fintech, has laid off 3% of its workforce to sharpen its focus on enterprise and remittance services. This move marks a significant shift as the company realigns its strategic priorities and gears up for a potential IPO. By concentrating on its core revenue drivers, Flutterwave aims to enhance its operational efficiency and pave the way for long-term success in the African market.

Discover how digital advertising is outpacing traditional TV in South Africa, leading to significant revenue shifts and strategic pivots among major broadcasters. 📊📱

Jumia's shares have skyrocketed, hitting $8.67 after a robust Q1 2024 performance. Despite past struggles with profitability, CEO Francis Dufay's strategic changes are propelling the African e-commerce giant towards growth. Will Jumia sustain this momentum?

Despite being hailed as the largest merger in African e-commerce, the union of Wasoko and MaxAB is facing delays due to extensive due diligence and economic hurdles. The merger, expected to enhance economies of scale, now serves as a crucial indicator of the health of Africa's B2B e-commerce market.

When her parents enrolled her in a vocational school, Augustine Mabiama thought they had blighted her future. Years later, as a recognized brand in the growing African fashion industry, she sees that decision differently.

🚨 New Whistleblower Claims 🚨 have surfaced, alleging that Apple’s supply chain includes conflict minerals from the Democratic Republic of Congo (DRC). This could tarnish Apple's reputation for social and environmental responsibility if verified. 🌍📱

The massive growth of a number of Africa's e-commerce and fintech startups points to the success of disruptive retail distribution models on the continent.

At the Africa CEO Forum 2024 in Kigali, leading African women business leaders discussed funding challenges linked to gender inequality. The forum also highlighted some of the initiatives financial institutions are taking to close the financing gap.

When a scarcity of hard cash worsened an already tough economic situation in Nigeria in 2023, an unprecedented development occurred: e-payments soared and became the new norm in the country. A number of companies tapped into this ecosystem, a move that made them some of Africa’s fastest growing firms, according to a report from the Financial Times.

Amidst a gathering of over 2000 CEOs, heads of state, and investors in Kigali, discussions at the African CEO Forum 2024 revolve around fostering indigenous digital solutions to address Africa's pressing challenges.

Flutterwave, a leading Nigerian fintech company, recently suffered a major security breach resulting in the loss of ₦11 billion ($7 million). This incident, which involved unauthorized transfers to multiple bank accounts, highlights the persistent challenges faced by financial institutions in combating cybercrime. Discover the details of this breach and its implications for the fintech industry.

Nigeria’s OmniRetail, a B2B e-commerce startup, is the fastest-growing company in Africa, according to the Financial Times ranking of the fastest-growing companies in Africa. This year’s list is the third edition, and ranks companies according to cumulative annual growth revenues, is dominated by South African and Nigerian firms.

Africa's workout and fitness culture is thriving and with its growth, it is attracting international gym service providers and global fitness challenges. This marks a monumental shift in the continent's health and wellness landscape.

Chantal Murebwa, the founder of New Kigali Designers and Outfitters, transformed a small venture with just two tailors and one sewing machine into a thriving fashion company. Her commitment to empowering women, combined with government incentives for Made in Rwanda products, led to the employment of close to 300 individuals - primarily women. Now, as the factory plans to expand further, Murebwa’s mission continues.

Amazon rolls out operations in South Africa, shaking up the continent's e-commerce market and potentially addressing longstanding logistical challenges, including the house numbering issue.

Discover how Kola Market, inspired by the struggles of small businesses, harnesses machine learning to revolutionize SME financing and sales strategies, fueling economic growth across Africa.

Jumia bounces back with a remarkable surge in revenue and gross merchandise volume (GMV) in Q1 2024, defying market expectations despite a decrease in quarterly active customers. Find out how the African e-commerce giant is repositioning itself for success in the competitive market landscape.

Learn about Lesaka Technologies' groundbreaking move to acquire Adumo, a leading payment platform in South Africa, in a deal worth $85 million. This acquisition expands Lesaka's payment footprint across southern Africa, signaling a significant shift in the region's fintech landscape.

💳 Get ready, Nigeria! Starting May 20, 2024, every electronic transaction will come with a 0.5% cybersecurity levy. But what does this mean for your digital payments?

Dive into Nigeria's latest regulatory move aimed at combating fraud in the burgeoning fintech sector! Discover how the mandate to register 1.9 million PoS agents is reshaping the landscape, impacting key players like Moniepoint and PalmPay, and ushering in a new era of transparency and accountability in the country's financial ecosystem. Stay informed on the latest developments shaping Africa's largest economy!🌍💳