Can AXIAN’s Bold Move Help Jumia Reclaim Its Place in Africa’s Digital Economy?
Jumia has a new ally. AXIAN Telecom, a fast-growing Pan-African telco group, has acquired an 8 percent stake in the once-hyped but recently embattled e-commerce giant. On the surface, it’s a smart financial play. But beneath it lies something deeper—a strategic alignment that could reshape both companies and reignite Africa’s
Neuralink Raises $650 Million to Push the Boundaries Between Brain and Machine
Neuralink, Elon Musk’s ambitious brain-computer interface company, has raised another $650 million in fresh funding, catapulting its valuation to a staggering $9 billion. The Series E round marks a significant leap in the journey to fuse human cognition with machines, drawing deep interest from both tech investors and bioethics observers.
Is Moniepoint’s Acquisition of Sumac a Sign of Fintech Consolidation Across Africa?
In what could become a landmark move for African fintech expansion, Nigeria’s Moniepoint Inc. has secured regulatory approval from the Competition Authority of Kenya (CAK) to acquire a 78% stake in Sumac Microfinance Bank. The acquisition—still pending final greenlight from the Central Bank of Kenya (CBK)—signals a growing trend: African
Beauty & ‘Skinfluence’ – The WhatsApp Goldmine No One Talks About
By Franklin Ozekhome. Global Strategy Consultant x Pop Culture Expert The Secret Beauty Bazaar At exactly 7:42 PM, Ada’s phone buzzes. “Sis, this glow serum? My skin is giving ‘rich auntie vibes’ now! Buy before it finishes o!” She clicks on the voice note. It’s a friend raving about a
The Rise of African MarTech: How Local Solutions Are Reshaping Digital Marketing in 2025
The marketing technology landscape in Africa is undergoing a seismic shift. Gone are the days when the continent was simply adopting solutions from Silicon Valley. Today, African entrepreneurs are building MarTech tools that speak directly to the unique challenges and opportunities of the region’s diverse markets. “African marketers need solutions
My Playbook for Reducing Cart Abandonment in E-commerce
By Stanislaus Martins, Founder – Drinkmata.ng | Former VP, Growth Marketing – Jumia Nigeria Cart abandonment is one of the major silent killers when you talk about e-commerce. It’s that annoying moment when a customer adds products/services to their shopping cart, gets your hopes pumped up, and then just as
Flutterwave’s Send App Launches Cross-Border Payment Services in Malawi
Send App will help facilitate faster, easier, and more affordable cross-border money transfers in Malawi after commercially launching on Thursday.
African Marketers Prepare for AMC’s 3rd Annual Awards in Kenya
The African Marketing Confederation (AMC) is gearing up to recognize the region’s leading marketers who have created and implemented groundbreaking and successful campaigns for their clients at the AMC’s third annual conference in Kenya, from September 25 to 27, 2024.
China Vows to Work with Africa on Nuclear Tech, Satellites and Space
President Xi Jinping said during a summit in Beijing on Thursday that China would work with Africa on nuclear technology and space exploration while stating that "no country should be left behind" on the path to modernization. The president announced this during his opening ceremony speech at the recently concluded
Global Marketing Firm Kantar Gets New Chief Commercial Officer, Middle East and Africa
Global marketing firm Kantar gets a new Chief Commercial Officer for its Middle Eastern and African divisions, as the company announces Manaswita Singh in her new regional role. Singh has spent 19 of her 21 career experience with Kantar.