French media conglomerate Canal+ has secured full ownership of MultiChoice, the African pay-TV giant behind DStv and GOtv, after South Africa’s Competition Tribunal granted conditional approval for the landmark deal. The acquisition, valued at approximately $3 billion (about Sh245 billion or 55 billion rand), marks a significant consolidation in the African media industry and follows […]
NAIROBI, Kenya – July 28, 2025 – Leading global research groups, including Moody’s, Fitch Ratings, Standard Chartered, Allianz, and Citigroup, have downgraded Kenya’s 2025 economic growth forecast to 4.9%, down from an earlier projection of 5.0%, citing deadly anti-government protests and shaken investor confidence. The revised outlook, reported by Business Daily and echoed across posts […]
NAIROBI, Kenya – July 28, 2025 – Spire Bank, a struggling Kenyan lender owned by Mwalimu National Sacco, has been found to have violated banking regulations by increasing a loan’s interest rate from 28.5% to 32.5% without prior approval from the Cabinet Secretary for the National Treasury, as required under Section 44 of the Banking […]
NAIROBI, Kenya – July 28, 2025 – Cyberattacks targeting Kenyan systems more than doubled to 8.6 billion in the year ending June 2025, up from 3.5 billion the previous year, according to a new report by the Communications Authority of Kenya (CA). The unprecedented spike, driven by inadequate system updates, low public awareness, and increasingly […]
SAN FRANCISCO, CA – July 26, 2025 – Tea, a women-only dating safety app that surged to the top of the Apple App Store’s free app chart this week, has suffered a massive data breach, exposing approximately 72,000 user images, including sensitive selfies and government-issued identification documents. The breach, first reported by 404 Media and […]
ACCRA, Ghana – July 25, 2025 – The Bank of Ghana (BoG) has announced plans to introduce a regulatory framework to license cryptocurrency platforms by September 2025, a move designed to capture revenue, enhance oversight, and integrate digital assets into the nation’s financial system. With approximately 3 million Ghanaians—17.3% of the adult population—using cryptocurrencies, the […]
NAIROBI, Kenya – July 25, 2025 – Sub-Saharan Africa continues to face the world’s highest mobile data costs, severely hindering digital inclusion and economic growth, according to the World Bank’s Global Findex Database 2025: Connectivity and Financial Inclusion in the Digital Economy report, released on July 16, 2025. The report highlights that residents of the […]
KAMPALA, Uganda – July 25, 2025 – MTN Uganda has secured near-unanimous shareholder approval to structurally separate its mobile money business, MTN Mobile Money (U) Limited (MTN MoMo), from its core telecommunications operations, marking a pivotal step in MTN Group’s Ambition 2025 strategy to lead digital solutions across Africa. The decision, passed with 99.9% support […]
NAIROBI, Kenya – July 25, 2025 – Safaricom, Kenya’s leading telecommunications and mobile money provider, has launched direct PayPal withdrawals through its M-Pesa super app, a significant upgrade aimed at supporting the country’s burgeoning digital economy. Simultaneously, the company is making strides in smart water management, partnering with local innovators to deploy IoT-based solutions to […]
PARIS, France – July 25, 2025 – French President Emmanuel Macron announced on Thursday that France will formally recognize the State of Palestine at the United Nations General Assembly in September, becoming the first G7 nation to take this step. In a statement posted on X, Macron framed the decision as part of France’s “historic […]
Raven Reporter
