Daily Newsletter

The tech-investment stories moving Africa's markets — what moved, and why it matters.

Thu, Sep 17

Safaricom: the appeal that makes $1.9 billion technically unreturnable

The High Court declined to suspend its own ruling. That detail matters more than the appeals themselves.

MNT-Halan IPO: Cairo is betting its credibility, not just listing a company

OPay went to New York. PalmPay is heading to Hong Kong. Airtel Money chose London. MNT-Halan chose Cairo — and now the Cairo Stock Exchange is leaning on that choice to prove its public markets can compete for serious tech capital.

Bolt's Windfall: 92% more drivers, same broken market underneath

A 92% jump in driver sign-ups in a single week is a striking number — but it mostly tells you how fast people move when their income source disappears overnight.

MTN's CEO has publicly described South Africa as the group's most operationally complicated market, citing persistent margin pressures in what is the operator's home territory. The candid diagnosis signals a potential strategic rethink of MTN's South Africa approach.

French-Italian aerospace company Thales Alenia Space has secured the contract to build Nigeria's next-generation NigComSat-2A satellite, a critical connectivity infrastructure project with broad national implications. The deal advances Nigeria's sovereign space programme and its capacity to deliver satellite-based communications across the country.

South African agri-investment platform Livestock Wealth has failed in its legal bid to block liquidation proceedings following a default on investor loans. The collapse is a cautionary development for Africa's retail agricultural crowdfunding and agri-investment models.

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