Technology & Innovation3 stories from 2 sources
Standard Bank Group is reportedly in advanced talks to acquire Kenya’s NCBA Group through its local subsidiary, Stanbic Holdings, in a potential merger that would create Kenya's third-largest lender with assets of approximately KES 1.1 trillion ($8.5 billion). In a separate deal, Hisa Kenya is merging with Nigeria’s Chaka to form a single "super app" allowing investments across Kenyan, Nigerian, and U.S. markets. This relaunch follows a year of neglect for the current Hisa app. Additionally, Vertiv has partnered with Airtel Africa’s Nxtra division for a major data center expansion, starting with a 42MW facility in Nigeria. Announced at GITEX Global 2025, this collaboration aims to build one of the continent's largest networks of high-capacity data centers.
Vertiv has partnered with Airtel Africa’s Nxtra division to provide infrastructure for a major data center expansion across Africa, starting with a 42MW facility in Nigeria. This collaboration, announced at GITEX Global 2025 in Dubai, aims to build one of the continent's largest networks of high-capacity data centers.
Summary & Analysis
Hisa Kenya is merging with Nigeria’s Chaka to form a single "super app" allowing investments across Kenyan, Nigerian, and U.S. markets. This relaunch comes after a year of user frustration and neglect for the current Hisa app.
Summary & Analysis
Standard Bank Group, Africa’s largest bank by assets, is reportedly in advanced talks to acquire Kenya’s NCBA Group through its local subsidiary, Stanbic Holdings. This potential merger would create Kenya's third-largest lender with combined assets of approximately KES 1.1 trillion ($8.5 billion).
Summary & Analysis
