A company that launched initiatives to improve youth infrastructure and skills through CSR programs.
CMC Networks appoints ex-Google exec, Mahesh Jaishankar as Managing Director to lead AI push in Africa
Mahesh Jaishankar has been appointed as the new Managing Director of CMC Networks. Jaishankar replaces Marisa Trisolino, who stepped down in April 2025.
Safaricom cuts business fibre prices by 25% as Starlink loses Kenyan users
Safaricom reduced the cost of new business fibre connections by 25% for two months. The entry-level 15 Mbps plan now costs KES 2,249 ($17.44), down from KES 2,999.
Top Industries for CSR Grants in African Tech
Fintech sector raised $1.04 billion in CSR funding in 2024, focusing on financial inclusion. Women-led startups secured 8.2% of African tech funding in 2023, up from 2.8% in 2022.
Global Investment Powers Cassava’s Digital Infrastructure Expansion
Cassava Technologies attracted $90 million in equity investment. Investment consortium includes US International Development Finance Corporation, FinnFund, and Google.
Cassava Technologies Secures USD 310 Million in Funding
Cassava closed a $90 million equity investment round. Participation from U.S. International Development Finance Corporation, Finnish Fund for Industrial Cooperation, and Google LLC.
