Yomi Kazeem

The initial public offering launch by Jumia, the largest e-commerce operator in Africa, has been delayed by a day.

As Jumia’s initial public offering (IPO) is set to launch, one question is waiting to be answered: how well will the stock perform?

In one of the largest Series C funding rounds ever raised by an Africa-focused startup, mobile lending app Branch International has raised $170 million.

Boomplay, the music streaming company that has expanded rapidly since it was first launched in 2015, has received a major shot in the arm as it doubles down on dominating on the continent.

There are already more Christians in Africa than any other continent—that’s not going to change soon

If you’re looking to get a slice of the biggest e-commerce operator in Africa, get the checkbook ready: there’s finally an established timeline for the initial public offering (IPO) launch by Jumia.

Jumia, the pan-African conglomerate of e-commerce businesses, has set a price range of $13 to $16 per share ahead of an initial public offering (IPO) on the New York Stock Exchange (NYSE).

Algeria’s ailing president Abdelaziz Bouteflika is finally set to step down from office after 20 years, following several weeks of unprecedented national protests.

Transsion Holdings, the top mobile phone maker in Africa, has applied to launch an initial public offering in Shanghai, China.

There is even more evidence that African immigrants are more likely to move elsewhere within the continent than outside it.

Ride-hailing giant Uber has chalked up a major win in its chase for global market share with a $3.1 billion acquisition of Careem, its major competitor in the Middle East and North Africa.

A long-held ambition of Naspers, Africa’s most valuable company, has been to narrow the margin between its market value and the value of its wildly successful $32 million investment for a 46.5% stake in Tencent, the Chinese internet company, back in 2001.

The popularity of Nigeria’s Nollywood movie industry—the world’s second largest by volume—was covertly deployed for a social cause five years ago.

Official Correction: This story previously noted that the cost of internet access increased in Africa last year based on a report by Alliance for Affordable Internet (A4AI) . However, A4AI has corrected a methodological error in its initial report to show that prices, in fact, dropped in Africa.

The repercussions of the deadly attack on Muslims in a mosque by a self-proclaimed white supremacist in Christchurch, New Zealand  are reaching Nigeria.

News of Jumia’s filing to go public on the New York Stock Exchange last week is stirring questions about what defines a startup as African.

The early day novelty around e-commerce businesses in African markets has long since been replaced by the realities of the industry’s difficulties.

Reports of an initial public offering (IPO) by Jumia, the pan-African conglomerate of e-commerce businesses, have been finally confirmed but details of its financials do not paint a pretty picture.

After weeks of mass protests against his controversial bid for a fifth term in office, Algerian president Abdelaziz Bouteflika has pulled out of the running.

Nigerian sports fans love nothing more than bragging rights. It’s why, beyond celebrating their national teams and athletes, they are also typically quick to “claim” (or “famz,” in local parlance) any sports star with even a hint of Nigerian heritage.

In the last two elections, the contest for Nigeria’s presidency has felt like it’s been split into two different races.

Drawing portraits of celebrities and tagging them on Twitter and Instagram in the hope they see it is a common marketing trick for aspiring artists.

During the presidential campaigns prior to Nigeria’s election last week, aspirants largely hit president Muhammadu Buhari with the same stick: his handling of Africa’s largest economy.

African innovators keep winning global plaudits with increased attention paid to their work and its impact.