Telecom giant MTN said to have warned Nigerians of service disruption
Subscribers of MTN, the largest telecom provider in Nigeria, may soon face service disruption in the West African nation, according to a notice seen by some journalists and outlets. A rise in insecu
Africa Roundup: Canal+ acquires ROK, Flutterwave and Alipay partner, OPay raises $50M
In July, French television company Canal+ acquired the ROK film studio from VOD company IROKOtv. Canal+ would not disclose the acquisition price, but confirmed there was a cash component of the deal.
Africa Roundup: Jumia’s post-IPO earnings, Gokada’s $5.3M raise, Facebook’s fake-news purge, Joe Montana’s fintech investment
Jumia held its first post-IPO earnings call and weathered a short-sell assault in May, with Wall Street showing confidence in the Pan-African e-commerce company. On the numbers, key takeaways were tha
Africa Roundup: More VC to Jumia’s parent, Konga Launches Nigeria’s PayPal, M-Kopa Solar lights homes with M-Pesa
A monthly roundup of stories on African tech companies.
Rocket Internet Partners With African Telecom Operator MTN To Invest $410M in Middle East Startups
MTN Group and Rocket Internet announced that they have formed a new joint venture to invest in startups in the Middle East, with a focus on e-commerce. The two companies will each hold a 50% stake in