A French media company majority-owned by Vivendi, focusing on television and streaming services.
Kenya reviews Airtel–Starlink satellite-to-phone deal
Kenya's Communications Authority is reviewing Airtel's proposed partnership with SpaceX for satellite-to-phone technology. The review aims to assess potential interference with existing mobile networks and ensure compatibility with 3G, 4G, and 5G services.
Airtel Africa eyes Starlink, IPO, and crypto push
Airtel Africa is in advanced talks to use Starlink satellite technology to enhance rural coverage in Kenya. The company plans to list its mobile money arm, Airtel Money, as part of its strategy to unlock value.
African Tech M&A Activity Rose 34% in 2024: What to Expect
M&A activity surged by 34% in Africa's tech sector in 2024, with 39 deals recorded. Venture capital funding dropped by 22.73% to $2.21 billion, pushing startups towards M&A.
Kenyan EV startup Arc Ride secures $10M boost from French investor
Arc Ride secures $10 million in debt financing from Mirova to scale its battery-swapping network for electric motorcycles. Mirova's investment is the first from its Gigaton Fund into Africa's EV sector, indicating confidence in the continent's growing two-wheeler market.
South African fintech iKhokha “to run as per normal” after Nedbank’s $93 million acquisition, says CEO
Nedbank agrees to acquire iKhokha for R1.65 billion, marking a significant merger between a traditional bank and a fintech startup. iKhokha will continue to operate independently under its brand, ensuring no disruption to its existing services for SMEs.
