After Chipper Cash ended 2021 as one of Africa’s most valued fintechs, the FTX-backed startup’s valuation dropped from $2 billion to $1.25 billion after it reportedly received a $35 million …
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Fintech Unicorn Chipper Cash set to buy Zambia fintech pioneer Zoona
by Editorby EditorPan-African cross-border payment app Chipper Cash is set to acquire Zambian fintech company Zoona Transactions International, according to a statement shared with TechCabal. This acquisition will allow Chipper Cash, which …
- AfricaAFRICA NEWSChipperNews
FTX-funded Chipper Cash lays off employees one year after raising $150 million
by Editorby EditorChipper Cash, an African cross-border payments company startup valued at slightly over $2 billion, has reportedly laid off many employees. This comes about one year after the company announced that …
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Kenya’s Safaricom targets more fixed Internet users with 5G network
by Editorby EditorKenya’s largest telecoms operator Safaricom launched its 5G high-speed internet service on Thursday, becoming the first firm to deploy the technology commercially in East Africa. The company, whose internet provision …
Safaricom has cut rates for its monthly packages of bundled minutes, mobile data and SMS by nearly five per cent as the telco seeks to deepen dominance amid stiff competition …
Safaricom has crossed the one million mark in subscriber numbers in Ethiopia just a month after the launch of operations in the populous nation indicating the telco’s warm reception. The …
- AfricaAFRICA NEWSNewsSafaricom
Safaricom, Telkom market share up as Airtel stagnates
by Editorby EditorSafaricom has increased its market share in Kenya’s mobile services as subscriptions hit 50.2 million in September. This is an increase from 41.9 million in a similar period last year, …
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Safaricom bosses face contempt in Sh7.7 million insurance claim
by Editorby EditorSenior officials of the country’s leading mobile telephone operator Safaricom could be in trouble after an Embu man sought a court order to punish them for refusing to release Sh7.7 …
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Stanbic IBTC modernizes Kurba Primary School inYamaltu Deba LGA
The Kurba Primary School in Yamaltu Deba LGA in Gombe State has been renovated by Stanbic IBTC Holdings, a member of Standard Bank Group. The school was transformed by the …
Bharti Airtel has partnered with Tech Mahindra to deploy a captive private network at Mahindra & Mahindra’s Chakan facility, making it the first 5G-enabled auto manufacturing unit in India. Under …