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News and Press Releases from Africa’s leading companies

Mastercard is collaborating with Meta to support the digitization and growth of SMEs across the MEA (the Middle East, & Africa) region by organizing a training webinar that will provide SMEs insights from industry experts, and a masterclass on how to manage uncertainty from renowned authors and academic Nathan...
Exclusive Networks, a global trusted cybersecurity specialist for digital infrastructure, has completed its acquisition of Networks Unlimited. Networks Unlimited is a major regional value-added distributor serving 38 national markets in Africa with cybersecurity and infrastructure solutions. The acquisition establishes Exclusive Networks’ first presence in sub-Saharan Africa, expanding its global footprint...
After 21 successful years in the South African PropTech industry, digitalisation specialist e4 is expanding into European markets. Having recently launched a new group in the UK, a long-standing executive director from South Africa, Simon Slater, has relocated to the UK to head up the venture. Slater’s focus will be on...
Absa Bank has signed a long-term contract with Salesforce, a global leader in customer relationship management (CRM) solutions, to "bring about a step-change in servicing individual and business-banking customers as the bank accelerates its digitisation programme," according to the South African lender. In line with its efforts to get closer...
Adumo, one of South Africa’s largest independent payment processors, today announced it has acquired SwitchPay, a South African startup providing alternative payment services to merchants and retailers, for an undisclosed amount. According to Adumo CEO Paul Kent, the investment comes at a time when consumer interest in new payment options...
Consumers looking to purchase a vehicle are becoming increasingly accepting of online auctions. This is evidenced by the WeBuyCars online auction platform, launched to private consumers in March this year, which, the company says, has seen significant growth. “The number of car buyers who are active online is an indication...
Africa Data Centres, the only truly pan-African operator of large-scale, vendor- and carrier-neutral data centres, has won three awards at the prestigious Africa Digital Economy Awards (ADEA). Africa Data Centres not only walked away with the Innovative Data Centre Provider of the Year award, but Stephane Duproz won Data Centre...
MTN Zambia's Mobile Money division and fast food company Hungry Lion Zambia, have announced the launch of a new, landmark, digital payment partnership. New features stemming from this partnership will allow MTN and Hungry Lion customers to make payments in a safe, fast, secure, and convenient environment by approving the...
Absa Group says that it is set to exceed its goal of equipping 1,500 staff members across Africa with cloud-computing skills this year through its cloud incubator initiative. Absa launched the cloud incubator programme in March to support its digital transformation journey. According to Absa, a total of 1,496 participants...
Ride-hailing platform Bolt has announced a new partnership with Metro Africa Express- (MAX) –one of the largest vehicle subscription platforms for low-to-zero emission vehicles in Africa – to expand the Bolt vehicle financing program in Nigeria. This scheme is part of Bolt’s commitment to enabling ride-hailing drivers to own vehicles...
Pay Television Company StarTimes Media has rolled out major expansion plans aimed at driving service delivery closer to subscribers across major counties. The move will see increased investment in the setup and operation of business halls across five more counties across Kenya including Kajiado, Kitui, Taita Taveta, Tana River...
Traka, the global leader in intelligent management solutions in key and equipment, today launched its first Experience Centres, located in two key strategic locations within the Asia Pacific, Middle East and Africa (APACMEA) division – Brisbane, Australia, and Johannesburg, South Africa. The Centres will serve as an environment for...
Microsoft, the worldwide tech giant is establishing the Africa Transformation Office as part of doubling down on its investment in the continent, as well as an effort to continue enabling digital transformation "powered by Africans for Africa." The company has also announced that the Africa Transformation Office (ATO) will be...
Telkom SA has today published its Interim Results for the six months ending 30 September 2021 reflecting steady earnings growth in the first half of the financial year. In a period marred by civil unrest, global semiconductor shortage and a third wave of COVID 19, Telkom sustained revenue and delivered...
During Facebook's Connect 2021 conference, CEO Mark Zuckerberg announced that the company would be renamed from "Facebook" to "Meta," and according to a statement from the firm, "Meta’s focus will be to bring the metaverse to life and help people connect, find communities and grow businesses." More specifically, the company's...
Orderin and Afrika Tikkun Services have announced a new partnership in order to foster an employment ready ecosystem and combat rising unemployment rates in South Africa. With unemployment in South Africa hitting a new record high of 34.4% in the second quarter of 2021 (according to the latest data released...
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