Local & Global News

Techloy’s insightful weekly newsletter on the data around top news topics and trends in Africa.

Focused on producing infographics and charts visualising stories that matter, helping you make sense of the data and make better decisions.

U.K.-based Actis, a leading investor of private capital into global emerging markets, has launched a $250 million pan-African data centre…

With the current population of Africa estimated to be over 1.3 billion, based on the latest United Nations estimates, the continent’s…

Nigeria’s government says it has approved the sum of $268 million (about ₦100 billion) in funding to support agricultural entrepreneurs…

Egypt’s state-owned lender, Banque Misr is planning to borrow $250 million from two international lenders this year to boost its financing…

The European Investment Bank (EIB) provided €3 billion in new financing to support investments in the private sector, across Africa, where…

Banking software company, Temenos has announced that Assaray Trade and Investment Bank (ATIB), one of the most structured and advanced…

Zimbabwe’s Econet Wireless, which has operations in Zimbabwe, Lesotho and Burundi, is reportedly planning to acquire a telecommunications…

According to the 2019 edition of the Jobberman Best 100 Companies to Work For, South African telecoms giant, MTN is the best telco to work…

Nigerian fintech start-up, Aella has raised a $10 million debt financing round, from Singapore-based HQ Financial Group (HQF) to help the…

Global smartphone sales to end users, which declined by 2% in 2019 for the first time since 2008, came back on track to reach 1.57 billion…

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Nigeria reached a record number of successful Point of Sale (PoS) transactions from 285.9 million transactions in 2018 to 438.6 million…

Skynamo (formerly Honeybee CRM), a Cape Town-based sales technology provider has secured $30 million in Series A funding from Five Elms…

CDC Group, the UK’s publicly owned impact investor, has announced that it will commit a further £2 billion into African businesses over…

UK’s development finance institution and impact investor, CDC Group, has added to its renewable energy portfolio with a $10 million debt…

In many communities in Sub-Saharan Africa, there’s little or no reliable energy access, which leaves millions of households with limited…

CDC Group, the UK’s publicly-owned impact investor, has announced it will back Adiwale Fund I and Verod Fund III, two West-African based…

UK’s development finance institution and impact investor, CDC Group has announced a €25 million commitment to Mediterrania Capital…

China’s ZTE Corporation and South Africa’s MTN have jointly launched the first 5G SA network in East Africa, the first of its kind in the…

Nigerian-based fintech startup, Flutterwave has raised $35 million in a Series B funding round, led by Greycroft and eVentures, with…

Leading pan-African telecoms group, Liquid Telecom is set to launch the first 5G wholesale roaming service in all major South African…

Catalyst Fund, a Boston-based accelerator for inclusive fintech startups in emerging markets, has secured $15 million from JP Morgan and…

The most ambitious development-focused women tech entrepreneurs from across Kenya, South Africa and Nigeria are attending the first-ever…

A new €60 million fund that would back African technology startups, and targeting at least 50% of startups founded, co-founded, or…