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HomeDaily NewsThursday, September 4, 2025Companies Announce Major Financial and Tech Initiatives in Africa - September 2025
Technology & Innovation3 stories from 2 sources

Companies Announce Major Financial and Tech Initiatives in Africa - September 2025

Airtel Africa is planning an Initial Public Offering (IPO) for its mobile money business, Airtel Money, in the first half of 2026, which could value the arm at over $4 billion. In Kenya, Absa Bank has launched a three-month promotion named "Play Your Cards Right" to incentivize debit and credit card usage and boost digital payments. This initiative aims to shift consumer perception of card use beyond just ATM withdrawals. Also in Kenya, the Women Who Build Africa (WWBA) announced its next flagship assembly will be held in Nairobi on February 5–6, 2026. This event is designed to connect high-potential founders, investors, and ecosystem leaders.

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Thursday 12:56 PMTech Arena

Absa Launches “Play Your Cards Right” Initiative to Accelerate Card Usage

Absa Launches “Play Your Cards Right”  Initiative to Accelerate Card Usage

Absa Bank Kenya has launched a three-month promotion, "Play Your Cards Right," to incentivize everyday debit and credit card usage with significant rewards. This initiative aims to boost digital payments and shift consumer perception of card use beyond ATM withdrawals.

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Key Highlights

Absa Bank Kenya has launched a three-month promotion, "Play Your Cards Right," to incentivize everyday debit and credit card usage with significant rewards. This initiative aims to boost digital payments and shift consumer perception of card use beyond ATM withdrawals.

  • Up to Ksh. 1 million in monthly grand prizes and Ksh. 100,000 in weekly prizes are offered.
  • Absa Bank, through its Head of Cards Payments Linda Kimani, is driving this campaign.
  • The promotion targets a change in consumer habits, encouraging card use for everyday purchases in a market dominated by mobile money.
Thursday 9:52 AMTechish Kenya

Airtel Money Eyes 2026 IPO With a $4 Billion Prize on the Table

Airtel Money Eyes 2026 IPO With a $4 Billion Prize on the Table

Airtel Africa is planning an Initial Public Offering (IPO) for its mobile money business, Airtel Money, in the first half of 2026. This move could value the payments arm at over $4 billion.

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Key Highlights

Airtel Africa is planning an Initial Public Offering (IPO) for its mobile money business, Airtel Money, in the first half of 2026. This move could value the payments arm at over $4 billion.

  • Most important fact or figure from the article: Airtel Money boasts 45.8 million customers and moved an annualized $162 billion as of June.
  • Key person or organization involved: Airtel Africa, led by Chairman Sunil Mittal, has engaged Citigroup Inc. to steer the listing.
  • Notable detail that adds context: The IPO aims to unlock value for Airtel Africa, with Airtel Money identified as a fast-growing segment, significantly contributing to revenue.
Thursday 8:08 AMTech ArenaFirst

Women Who Build Africa to Host Nairobi Assembly in 2026, Applications Open for Female Founders

Women Who Build Africa to Host Nairobi Assembly in 2026, Applications Open for Female Founders

The Women Who Build Africa (WWBA) announced that its next flagship assembly will be held in Nairobi on February 5–6, 2026. This event aims to connect high-potential founders, investors, and ecosystem leaders, further cementing Nairobi's role as a key hub for African innovation.

Read Story

Key Highlights

The Women Who Build Africa (WWBA) announced that its next flagship assembly will be held in Nairobi on February 5–6, 2026. This event aims to connect high-potential founders, investors, and ecosystem leaders, further cementing Nairobi's role as a key hub for African innovation.

  • Before the main assembly, WWBA will host Founder Workshops in Nairobi and Johannesburg on October 23, 2025.
  • The assembly has previously led to significant outcomes including investments and partnerships for women entrepreneurs.
  • Applications are currently open for women founders building early or growth-stage ventures in African markets, with selected participants added to the WWBA founder database for increased visibility.
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