Egypt's buy-now, pay-later pioneer has more than doubled its market cap since its blockbuster IPO debut, expanded into Jordan, and posted triple-digit profit growth.
Visa’s Africa strategy is ambitious. Its $1 billion commitment — announced in 2022 — targets infrastructure development, digital inclusion, and financial literacy.
Twiga did not disclose the value of the transactions but emphasized that the acquired distributors would retain leadership roles in the newly consolidated operation.
As the African cleantech sector matures, more consolidation (whether mergers or acquisitions) is likely — signalling a shift from small pilots to regional platforms capable of delivering both access and efficiency.
With one of the cheapest internet services in Africa and zero tariffs from the Trump administration, Starlink is set to confront the decades-old Hormuud Telecom.
Egypt's buy-now, pay-later pioneer has more than doubled its market cap since its blockbuster IPO debut, expanded into Jordan, and posted triple-digit profit growth.
