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South Africas e-commerce leader, Takealot Group, presented a mixed bag in its recent financials for the year ended March 2024. While the group managed to reduce trading losses to USD 14 M, overall revenue dipped slightly by 2% year-on-year to USD 792 M. This slowdown coincides with a surge in co

Worldcoin, the controversial cryptocurrency and digital identity project that was halted in Kenya shortly after launch last year, appears poised for a comeback in the country, in a move that could reignite privacy debates. Kenyan authorities dropped an investigation into the projects data collec

In 2018, Immy Nakyeyune embarked on a transformative journey, founding Mkazipreneur with a resolute mission: to support women entrepreneurs across Africa. Through strategic funding and purposeful partnerships, Mkazipreneur in Uganda has trained over 10,000 women entrepreneurs and tra

A Manhattan Criminal Court on Monday reached a verdict in the case against the accused in the gruesome murder of Fahim Saleh, a tech entrepreneur notable for launching Gokada, a once prominent bike-hailing operation in Nigeria. Tyrese Haspil, 25, was this week convicted of first-degree

Following last week's demonstrations, Kenya erupted in protest this week against a new finance bill seen as exacerbating economic hardship. The demonstrations, which have registered at least 13 fatalities per Reuters as police opened fire on protestors on Tuesday, were accompanied by a

In the heart of Africas bustling tech scene, one long-standing startup remains steadfast in tackling a challenge that might not grab headlines: the lack of reliable physical addresses; a problem that plagues many developing countries. MPost , a Kenyan startup, has developed a digital

African fintech giant Flutterwave is undergoing a restructuring effort, letting go of 24 employees (around 3% of its workforce) as it focuses on its core business areas of enterprise payments and the remittance service, Send App. The move comes amid Flutterwaves continued pursuit of an

A movement spearheaded by digital-savvy young Kenyans is rocking the East African nation. Through platforms like TikTok, X (formerly Twitter), WhatsApp, Facebook, and Instagram, a wave of discontent has boiled over from social media onto the streets, forcing the government to backtrack on some p

Over a month after its highly anticipated launch, Amazons entry into South Africas e-commerce market has sparked more curiosity than disruption. While the retail giants arrival generated significant buzz, early signs suggest a cautious, measured approach. This strategic slow burn contra