Category: Key developments

South African climate-tech company Plentify has partnered with Conlog, Africa’s leading smart metering provider, to deploy intelligent energy management systems to over 50 million households across the continent.

Lagos, Johannesburg, and Kampala have been named among the world’s fastest-growing tech hubs in the 2025 Global Tech Ecosystem Index by Dealroom.co.

A new ranking from the Financial Times highlights the growth trajectory of African enterprises, with Nigerian and South African companies taking the lion’s share of the spotlight.

The International Finance Corporation (IFC), part of the World Bank Group, has introduced a new program called the Africa Leadership Economic Advancement and Development for Women (LEAD) Alliance.

Safaricom PLC has reached a major milestone, making history as the first East African business to earn over $3 billion (KES 388.7 billion) in annual revenue.

The Global Fund to Fight AIDS, Tuberculosis and Malaria has procured its first-ever supply of first-line HIV treatment produced in Africa.

A new AI-focused trade and investment hub has been launched through a partnership between the Dubai Centre for Artificial Intelligence (DCAI) and the South African Artificial Intelligence Association (SAAIA).

The 2025 AfricArena Lagos Fintech, Mobility & Logistics Summit concluded on a high note at the Eko Hotel and Suites, Victoria Island, Lagos, with five startups and one investor recognized for their outstanding contributions to Africa’s tech innovation space.

C-One Ventures, a Nigerian investment company with a focus on technology and finance, has completed the acquisition of Bankly, a licensed microfinance bank.