MTN Group

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