The anticipated dual listing of Coca-Cola's African bottling business in Johannesburg and Amsterdam indicates a strong market rebound as fintech leader Flutterwave mulls a similar move.

Twiga Foods, the B2B e-commerce startup, welcomes Charles Ballard, former CEO of Jumia Kenya, as its new CEO, marking a significant transition following the departure of founder Peter Njonjo.

Dive into Swvl's remarkable turnaround story as the NASDAQ-listed mobility startup posts its first full-year net profit in 2023, signaling a shift from previous struggles to profitability, amidst strategic financial restructuring and expansion plans.

Join us as we unveil the latest game-changer in African travel! BuuPass, the pioneering travel booking platform, has just made a groundbreaking move by acquiring QuickBus, its prominent competitor in Nigeria and South Africa. This strategic deal promises to revolutionize travel across the continent, offering travelers unparalleled convenience and access to a wide array of destinations. Don't miss out on this exciting journey with BuuPass! 🚀🌍

Wasoko, the Kenyan e-commerce platform, refutes rumors of exiting Rwanda while intensifying recruitment efforts across East Africa. Despite recent exits from Zanzibar and pauses in Uganda and Zambia, Wasoko emphasizes its commitment to Rwanda, Tanzania, and Kenya. The platform is actively hiring for various roles in these regions, signaling a strategic expansion amidst operational adjustments.

Growing private wealth in Africa is transforming the continent's major cities into hubs for millionaires and billionaires, according to the latest Henley & Partners Africa Wealth Report. Collectively, these urban centres are home to 135,200 millionaires, 342 centi-millionaires with fortunes exceeding US$100 million, and 21 billionaires. With the number of high-net-worth individuals projected to jump by 65% over the next decade, these cities are not only expanding economically but are also setting the stage for a new era of prosperity and influence. bird TenX lists the top ten cities and regions for private wealth in Africa:

Canal+ escalates its bid for MultiChoice, acquiring a significant stake and navigating regulatory hurdles in South Africa.

After a significant CEO departure, Cellulant, the African payments startup, reshuffles its leadership, focusing on profitability and operational excellence to navigate its growth across 13 African markets.

Mauritius, Namibia, Morocco, Zambia, Kenya, Uganda and Rwanda will lead gains with Africa expected to grow its new millionaire tally by 65%.

South Africa's leading used-car platform, WeBuyCars, is gearing up for its Johannesburg Stock Exchange (JSE) debut, targeting a valuation of $420 million. Discover the potential upsides and concerns surrounding this IPO frenzy! 📈🤔

Nigeria's musical scene thrives with passionate listeners like Deborah, but despite the country's hit-making prowess, South Africa dominates streaming profits. Find out how the industry juggles growth and challenges in the streaming era.

Dive into Rivia's strategic move as it acquires Waffle, a local SaaS company, to revolutionize digital healthcare in Ghana and beyond.

More luxury hotels with over US$3,000-a-night rooms will open in Africa as Marriott, Hilton and others zero in on the growing demand for lavish, Instagrammable stays.

Baobab Network, on its mission to empower African startups, acquires Reflector Marketing to bolster portfolio companies’ marketing strategies, signaling a shift towards comprehensive support beyond funding. 💼💡

Get ready, Nigerian Netflix users! 🇳🇬 Prepare for some changes as Netflix hikes its subscription prices in Nigeria by 11%. With adjustments across various plans, find out how this impacts your streaming experience and what it means for Netflix's investment in the African market. 📺💰

Discover how Patrice Motsepe's potential partnership with Canal+ in their bid for MultiChoice could impact the deal, navigating regulatory hurdles and potential conflicts of interest.

The Bank of Uganda's reclassification of Guaranty Trust Bank (GTBank) and two others from Tier I commercial banks to Tier II credit institutions signals a strategic shift in the Ugandan banking landscape.

Wasoko, a prominent B2B e-commerce giant in Africa, experiences a significant valuation markdown, signaling shifts in the industry's landscape and investor sentiment. Despite challenges, the company remains optimistic amid a planned merger and ongoing efforts to consolidate its position in the market.

Kenya Airways (KQ) has significantly reduced its net loss for the year ended December 31, 2023, marking the first operating profit in nearly seven years due to increased revenues from a 35% year-on-year growth in passenger traffic. Despite reporting a net loss of $171.9 million, down 47%, the airline's revenues improved by 53% to $1.35 billion, indicating a positive trajectory for the national carrier.

Discover how MTN Group's strategic move to exit smaller West and Central African markets signals a shift towards high-growth opportunities, reshaping its operational focus and revenue strategy.

Discover how Telkom, South Africa's third-largest mobile network operator, is set to strengthen its core operations by selling off tower and mast assets worth $356 million, paving the way for an infrastructure-led business model aimed at shaping the country's digital future.

Access Bank's acquisition of National Bank of Kenya (NBK) marks a significant move in its East Africa expansion strategy, valued at around $100 million, pending regulatory approval. 📈💰

Nigeria's Access Bank strengthens its presence in Kenya with the acquisition of the National Bank of Kenya from KCB Group, marking its second Kenyan acquisition in recent years. 🌍💼

Most African economies are driven by young populations, fast-growing tech adoption and mineral reserves, while the largest contribution to the top economies mentioned here comes from the services and industry sectors.

Discover how tappi's collaboration with MTN is revolutionizing online commerce for Ivorian businesses, empowering them to thrive in the digital era. With user-friendly tools and affordable subscriptions, tappi is bridging the gap for SMEs seeking to establish a credible online presence in Côte d’Ivoire. Join the movement towards digital empowerment and economic growth with tappi and MTN. 💪📈