Technology news around the ecosystem!

From Lagos to Nairobi

We give you summaries of happenings around tech, from developer stand-ups to the boardrooms.

  • Starlink Becomes Kenya’s 7th Largest ISP, Shaking Up the Market

    Elon Musk’s Starlink has rapidly climbed to become Kenya’s seventh-largest ISP, overtaking local players like Dimension Data and Liquid Telecommunications. With 19,146 users and a 1.1% market share, Starlink’s satellite broadband is expanding internet access, especially in remote areas where traditional ISPs struggle. However, regulatory challenges loom, as local competitors like Safaricom and Airtel Kenya…

  • Kenyan Startup Leta Secures $5M to Revolutionize Logistics with AI

    African businesses face high logistics costs, making goods more expensive. Nairobi-based Leta is tackling this issue with an AI-powered platform that optimizes delivery routes, tracks shipments, and reduces fleet costs. The startup has now raised $5 million in seed funding, led by Speedinvest, with backing from Google’s Africa Investment Fund and Equator. Leta’s technology helps…

  • Ghana and Turkey Explore Cybersecurity and Digital Innovation Partnerships

    Ghana and Turkey are strengthening bilateral ties, focusing on cybersecurity and digital innovation. During a meeting between Turkish Ambassador H.E. Huseyin Gungor and Ghana’s Minister for Communication, Digital Technology, and Innovation, Hon. Sam Nartey George, both parties explored opportunities for collaboration. Key areas of interest include cybersecurity, education, and digital infrastructure development, with Ghana’s National…

  • The Transformative Role of BSS/OSS for Telcos in Africa 

    Africa’s telecom sector is at a critical turning point, with mobile penetration soaring to 527 million subscribers. However, outdated systems are struggling to keep up with rising customer demands, 5G expansion, and complex market conditions. This is where BSS (Business Support Systems) and OSS (Operational Support Systems) come into play, helping telcos integrate operations, improve…

  • IHS Towers Delivers Strong 2024 Results, Strengthens Market Position

    IHS Towers has delivered a strong financial performance for 2024, exceeding revenue, EBITDA, and cash flow targets while optimizing capital and strengthening market contracts. The company reported revenue of $1.71 billion, a 48.1% organic increase year-on-year, with Adjusted EBITDA of $928.4 million, surpassing guidance. Strategic initiatives included renewing key contracts with MTN and Airtel Nigeria,…

  • Chams, CWG profits soar to billions for first time in 13 years

    Chams Holding Company Plc and Computer Warehouse Group (CWG) Plc have reported billion-naira profits for the first time in 13 years, driven by increased IT infrastructure upgrades in Nigerian banks and higher demand for SIM cards in the telecom sector. Their combined after-tax profit surged by 395%, reaching ₦4.88 billion in 2024. Chams’ revenue from…