LG Electronics (LG) CEO William Cho, emphasized that the company will continue to strengthen its business operations in East Africa, as part of its drive to grow sales and revenues in emerging markets. This comes [c]
MediaTek has recorded a strong second quarter with revenues of $5.5 billion, an increase of 23.9% YoY and 9.1% QoQ according to Counterpoint Research. The growth is primarily driven by the smartphone segment. MediaTek maintained [c]
SuperSport continues to deliver an unrivalled selection of football, and DStv is set to be the home of the top leagues in the world when the New Football Season kicks off on Friday 5, 2022. [c]
Safaricom is set to launch commercial operations in Ethiopia within the year as part of the company’s regional expansion efforts to provide modern telecommunications services to over 112 million Ethiopians. In readiness for the commercial [c]
The recorded music market in Sub-Saharan Africa (SSA) grew by 9.6% in 2021 according to IFPI, the organisation that represents the recorded music industry worldwide. Latest figures released by IFPI’s Global Music Report break out [c]
Moove, the mobility fintech which provides revenue-based financing to mobility entrepreneurs across Africa, has raised $105 million in an oversubscribed Series A2 round consisting of equity and debt. The round is led by existing investors, [c]
The global smartphone market revenue crossed $448 billion in 2021, according to the latest research from Counterpoint’s Market Monitor Service. The revenues grew by 7% YoY and 20% QoQ even as component shortages and COVID-19 restrictions continued [c]
Kwik Delivery, the brand name of Nigeria-based Africa Delivery Technologies, has announced that its Gross Merchandise Value (GMV) and revenue for 2021 grew by over 400% year-on-year. The platform also reached 100,000 B2B users. Kwik [c]
The mobile gaming industry in Kenya is expected to more than double their income and grow exponentially as a higher number of advertisers shift to spending on advertising in games. Speaking during a masterclass for [c]
LG Electronics has announced third-quarter 2021 consolidated revenues of $16.23 billion (Ksh 1.752 trillion), an increase of 22 percent from the same quarter last year, and the highest quarterly revenue in the history of the [c]
Airtel Africa a revenue growth of $2.272 billion (or 25.2%) for the first half of 2022 as well as double digit growth across all its subsidiaries in the continent. During the second quarter of the [c]
Safaricom has announced an increase in Skiza revenue share for artists and content creators by 33%. Following the move, more than 20,000 artists and content-creators are set to benefit from increased earnings of 40% from [c]
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