iOCO CEO Rhys Summerton iOCO has struck its second acquisition in four months, agreeing to buy enterprise resource planning specialist Astraia Technology as CEO Rhys Summerton makes good on his promise to return the group to “serial acquirer” status. The JSE-listed technology group said on Friday it has entered into a binding agreement – signed…
Fox Corp is buying Roku in a cash-and-stock deal valued at about US$22-billion in a bet that pairing its sports and news programming with a top TV streaming platform will strengthen its position as audiences shift online. The deal, announced on Monday, gives the cable TV-reliant Fox direct access to Roku’s large installed base of…
Meta Platforms said on Monday it is filing a federal court contempt order against Israeli spyware firm NSO Group for violating a permanent injunction that barred it from ever targeting WhatsApp and its users. The company said its WhatsApp messaging service disrupted new spear-phishing attempts linked to NSO, an entity blacklisted by the US government…
The first stage is human with an AI assistant. (Image source: 123RF) There is a productivity crisis in many organisations today. Leaders are under pressure to move faster, improve service and do more with teams that are already stretched. Microsoft’s 2025 Work Trend Index shows that 53% of leaders say productivity must increase, while 80%…
Africa Bitcoin Corporation, the JSE-listed company formerly known as Altvest Capital, is moving its listing from the bourse’s junior market to the main board. The company said the JSE has approved its application to transfer its securities from the Alternative Exchange, or AltX, to the main board, where it will be classified under the general…
Inkomoko has been ranked the 5th fastest-growing company in Africa by the Financial Times (FT), making it the only Rwandan company featured on this year’s list. The recognition highlights its rapid growth and its impact in supporting underserved micro and small businesses across Africa, including entrepreneurs in displacement-affected communities. This is the second year in…
SHANGHAI, CHINA – NOVEMBER 05: People visit the booth of Organon during the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) on November 5, 2024 in Shanghai, China. The 7th China International Import Expo (CIIE) kicked off in Shanghai on November 5. (Photo by Tang Yanjun/China News Service/VCG via…
Billionaire investor Justin Sun is suing the family’s World Liberty crypto venture after spending $45m on its tokens.
Richard Okello Our new book, How we made it in Africa II: Real stories of entrepreneurs turning opportunity into profit, is available here. Interview with Richard OkelloFOUNDER, SANGO CAPITAL Lives in: Johannesburg, South Africa Africa-focused investor Richard Okello compares investing on the continent to riding a speedboat through rough seas while trying to drink a glass of wine…
South Africa carries one of the highest TB burdens in the world. (Image source: 123RF) South African medtech company AI Diagnostics has raised R85 million in a pre-Series A funding round to accelerate deployment of its AI-powered Ostium digital stethoscope. The device enables early tuberculosis (TB) screening without specialist equipment or infrastructure. In a statement,…
