IPO Archives – CEO East Africa

CONFIRMED: MTN to complete separation of Fintech unit from listed business before June

by Paul MurungiAfrica News & Analysis The Big StoryMarch 18, 2025March 18, 2025

MTN is expected to complete the separation of its financial technology (Fintech) business from its listed company under MTN Uganda in the first half this year. The separation, which MTN Group…

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MAN IN THE HOT SEAT: What challenges await Soumendra Sahu, Airtel Uganda’s new boss?

by Paul MurungiAfrica CEOs Company News Finance Fintechs ICT Industry & Analysis News & Analysis Technology The Big StoryJanuary 16, 2025January 16, 2025

Airtel Uganda has a new boss, Soumendra Sahu. He joins Uganda’s second-largest telco at an interesting time— increasing competition from MTN, the market share leader, and other independent ISPs. There…

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Jumia’s Revenue Falls 25% in Q2 2024, Set to Raise $100m to Improve Cash Position.

by Jonathan N. LubwamaCompany News Global News ICT Industry & Analysis Startups The Big StoryAugust 7, 2024August 7, 2024

Jumia Technologies AG, Africa’s e-commerce giant, has reported its financial performance for the second quarter of 2024, revealing a complex interplay of challenges and strategic responses. The company’s revenue for…

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