Another operational region for Airtel Africa, contributing to the company's growth in mobile money and data services.
Airtel Africa profit jumps 5x to $156 million as forex woes ease
Airtel Africa's profit surged to $156 million in Q1 2025, a fivefold increase compared to the previous year. Revenue climbed 22.4% to $1.41 billion, marking a significant recovery for the telecommunications firm.
Francophone Africa-focused VC firm Saviu Ventures reaches $13m 1st close of 2nd fund
Saviu Ventures has reached the first close of its second fund, Saviu II, at EUR12 million. The firm invests in tech or tech-enabled companies in Francophone Africa.
Saviu Ventures’ second fund reaches €12 million first close to back Francophone Africa startups
Saviu Ventures has made an initial close of €12 million for its second fund with the backing of private investors. The VC firm aims to close the fund at between €30 million and €50 million to primarily invest in startups within Francophone Africa.
5th edition of Next Fintech Forum to be held in Abidjan
Abidjan's Next Fintech Forum (NFF) is one of the largest fintech events in Francophone Africa. The forum aims to make francophone fintech an attractive market for innovators, big techs, and investors.
