A fierce debate has been waging for many years as to whether cryptocurrency qualifies as an investment. However, based on its opening day of trading, one characteristic Coinbase seems to share with cryptocurrencies is high price volatility. Nigeria i...

The build-up to the Grab SPAC deal with Altimeter has been frenetic and the market seems to be blind to a certain reality once the announcement was made. Accordingly, Tan would control 60% of the voting shares after the merger with Altimeter. There a...

After weeks of speculation, Grab Holdings is merging with Altimeter Growth Corp, a US-listed SPAC. It will be the first Southeast Asian tech unicorn to list through a SPAC. Altimeter will invest US$750mn, which would be 20% of the cash proceeds. Othe...

A combination of poor financial inclusion and growing mobile phone penetration (including smartphones) has made Africa a promising environment for the growth of mobile money and, more broadly, innovation in digital payments services. Partly due to th...

The cloud computing industry has been growing rapidly in this decade, with the technology paradigm-shifting drastically. Although in an early stage of development and not yet the main revenue pillar, the Edge cloud market is increasingly drawing the ...

Kenya's communications authority has released its quarterly statistics for the period to the end of December. Although the average minute of use per subscriber also increased above our estimate to c92 minutes/month, we expect the impact on Safaricom’...