From Lagos to Nairobi

South African software company Adapt IT Holdings Adapt IT Announces Leadership Changes to Drive Global Expansion South African software company Adapt IT Holdings has announced key leadership changes to strengthen its global expansion and acquisition strategy. Since joining Volaris Group in 2022, Adapt IT has grown significantly and is now part of Omegro, a global…

French media giant Canal+ is restructuring MultiChoice to align with South African regulations on foreign ownership. The plan involves splitting MultiChoice into two independent entities: 1. LicenceCo – A new entity that will hold the broadcasting license, majority-owned by historically disadvantaged persons (HDPs), including Phuthuma Nathi, Identity Partners Itai Consortium, Afrifund Consortium, and a Workers’…

Simplex, a leading CNC machine manufacturing company, has secured a $13 million investment to establish a large-scale factory in Riyadh, Saudi Arabia. This move aligns with Saudi Arabia’s Vision 2030 initiative to localize advanced industries and diversify the economy. Founded in 2013, Simplex has grown into a major player in the industrial solutions sector, serving…

Anambra State is making strides in digital governance and revenue automation through its participation in the Digital Public Infrastructure (DPI) and Intelligent Revenue Authority (IRA) Validation Workshop organized by the Nigeria Governors’ Forum (NGF) on January 27, 2025, in Abuja. The workshop provided a platform for states to assess their readiness for DPI implementation, which…

CreditChek, a leading African credit assessment provider, has partnered with CredPal to enhance creditworthiness and identity verification for CredPal’s new credit card business. This collaboration aims to make credit more accessible, transparent, and secure across Africa. Since launching in 2022, CreditChek has processed over 300,000 verifications and supported $30 million in loan approvals. Through its…

Resilience17 (formerly Berrywood), the venture fund and studio founded by Flutterwave CEO Olugbenga “GB” Agboola, has launched Go Time AI, an accelerator program focused on supporting African AI startups. The accelerator provides up to $200,000 in funding, mentorship, and technical resources in exchange for 8% equity. The first cohort, launched in 2024, included five startups…