. eTranzact International Plc increased its revenue by 22.6% to ₦16.28 billion in the first half of 2026, but the payments company recorded a decline in profitability as operating and transaction-rela...
. CWG Plc recorded a sharp increase in revenue from its IT Infrastructure Services business in the first half of 2026, with the segment generating ₦15.5 billion, up 142.4% from ₦6.4 billion recorded i...
. Nigerian technology company Terra Industries has raised an additional $18 million, bringing its total seed funding to $52 million as the company accelerates manufacturing and expands its autonomous ...
. Artificial intelligence company Anthropic has recorded a dramatic increase in revenue, with annualised revenue reportedly climbing to $11.5 billion, representing a 1,360% increase from the level rec...
. African fintech giant OPay has reported a major turnaround in its financial performance, recording a $72.47 million net profit in 2025 after posting a $50.98 million loss a year earlier. The profita...
. OPay Limited recorded a sharp increase in transaction activity in 2025, with its gross transaction value (GTV) more than doubling to $358 billion, as the African fintech continues to expand ahead of...
. Shoprite’s Sixty60 on-demand grocery platform has grown into a R25.5 billion ($1.6 billion) digital commerce business, underscoring the rapid shift in South Africa’s retail market from traditional s...
. African e-commerce company Jumia Technologies AG has secured $50 million in fresh capital, anchored by a $25 million investment from the International Finance Corporation (IFC), as the company repor...
. IHS Towers, one of Africa’s largest independent telecommunications infrastructure companies, increased revenue in the first half of 2026, but higher operating costs and expenses linked to its propos...
. Nigeria’s equities market crossed the ₦160 trillion market-capitalisation threshold on Monday, August 10, 2026, as a sharp rally in Airtel Africa lifted the Nigerian Exchange (NGX) to another major ...