Author: Akin Naphtal

Rack Centre, a leading data centre and digital infrastructure provider, has announced the appointment of seasoned commercial leader Tawa Bolarin as its new Chief Commercial Officer (CCO). In a statement posted on its official LinkedIn page, the Rack Centre team expressed excitement about Bolarin joining the organisation, noting that her extensive experience will be instrumental in scaling the business and strengthening its commercial capabilities. “The Rack Centre team is thrilled to welcome Tawa Bolarin as she joins us as Chief Commercial Officer (CCO).” its official LinkedIn page read Tawa Bolarin brings over two decades of high-level commercial leadership across B2B,…

Backed by 24 years of distinguished and vast experience rising through the ranks of Cameroon’s top technology organizations, Barbara Melem has exhibited true leadership, which requires balancing bottom-line performance with real-world impact, especially in a career built on a powerful tripartite -strategic communication, business performance, and sustainable development. Since 2021, Melem has championed this holistic approach as Senior Manager of Communications & Sustainability at IHS Cameroon, driving corporate reputation and high-impact ESG strategies that deliver equal value to the boardroom and society. At IHS Cameroon, a leading tower infrastructure company, Melem has fully leveraged her deep understanding of the telecom sector. She…

Wema Bank has reinforced its position as a key enabler of Nigeria’s fintech ecosystem through a strategic engagement with its fintech partners, bringing together founders, technology providers and industry stakeholders to deepen collaboration and support the continued growth of digital financial services across the industry. The Bank brought together fintech founders, technology partners, payment providers and key industry stakeholders for an evening of strategic engagement, celebrating longstanding relationships, appreciating the trust of its partners and reinforcing the collaboration that continues to shape the future of digital banking in Nigeria. The engagement reflects the Bank’s broader commitment to building infrastructure that…

Nigerian human resources software company SeamlessHR has officially rebranded as Seamless Technologies, marking a significant strategic shift from a specialized HR provider to a comprehensive enterprise technology company offering workforce management, embedded financial services, and artificial intelligence solutions. The rebranding, announced on Wednesday, comes more than a year after the company raised a $9 million Series-A extension round backed by the Gates Foundation and Helios Digital Ventures to fuel its pan-African expansion. Under the new corporate identity, SeamlessHR will continue as one of several business verticals within the Seamless Technologies group. The move is driven by the company’s ambition to…

Nigerian fintech unicorn Moniepoint Inc has appointed Rose Muturi, a seasoned banking and fintech executive, as its Chief Executive for Kenya, signaling intensified efforts to expand its footprint in East Africa’s largest economy. The appointment comes months after Moniepoint acquired Sumac Microfinance Bank, a move that granted the company a deposit-taking licence and a regulatory foothold in the Kenyan market. Muturi joined the company in June. In a statement issued on Tuesday, Moniepoint confirmed that Muturi will oversee the group’s overall strategic direction in Kenya rather than managing the day-to-day operations of its newly acquired subsidiary. “We can confirm that…

Raxio Group, Africa’s largest independent data centre platform, has raised its committed capital above US$380 million after major shareholders Roha and Meridiam boosted their investments to fuel the company’s rapid expansion. The fresh equity injection comes as Raxio reports a remarkable sixfold surge in contracted capacity during the first half of 2026 compared to the same period last year. The additional funding increases the company’s capital base from US$350 million, building on a US$100 million financing package secured from the World Bank Group’s International Finance Corporation (IFC) last year, supplemented by debt from Proparco and the Emerging Africa & Asia…

Liquid Intelligent Technologies has appointed Bernard Beya as the new Chief Executive Officer of its operations in the Democratic Republic of Congo (DRC). The appointment marks a significant leadership transition for the company, a key player in digital infrastructure and connectivity across Africa and part of the global technology group Cassava Technologies. Beya, who has been serving as Acting CEO since November 2025, brings extensive industry experience to the role. Sutha Siva, Executive Vice President and Group Chief Operating Officer at Cassava Technologies, welcomed the appointment, stating: “The DRC represents one of the most exciting growth opportunities in our region,…

Africa’s successful integration into the global AI revolution must begin with smartphones, connectivity, and genuine inclusion rather than algorithms alone, Ayman Essam, Chief Officer for External Affairs at Vodacom Group has said. Essam delivered this message while participating in the prestigious United Nations International Telecommunication Union (ITU) AI for Good Global Summit in Geneva. The summit is widely regarded as one of the most important global platforms for shaping AI governance and policy. Essam highlighted two critical insights that should guide Africa’s AI strategy going forward.First, he emphasised that AI infrastructure starts with people, connectivity, and devices. While innovation is…

The European Bank for Reconstruction and Development (EBRD) has signed a landmark financing agreement of up to €270 million with Yas, a fast-growing pan-African telecommunications company, to expand digital infrastructure and enhance connectivity across key African markets. The senior loan represents the EBRD’s first investment in Senegal and sets two historic precedents for the Bank in sub-Saharan Africa: its first local-currency financing and its first A/B loan structure in the region. The deal combines long-term funding with the mobilisation of institutional capital to support Yas’ ambitious growth plans. The financing package includes a committed facility of up to €170 million…

As organisations accelerate their adoption of artificial intelligence (AI), financial services firms are finding it difficult to keep up, with fragmented data emerging as a major obstacle to modernising customer loyalty programmes, according to new AND Digital research. The findings, published in AND Digital’s “Winning the Intelligent Customer” report, are based on a survey of 250 enterprise-level business leaders. The report highlights growing customer expectations for personalised experiences and the critical role of high-quality data in achieving them. Fragmented data was identified as the most common challenge, severely limiting the ability of firms to deliver seamless loyalty programme experiences. While…