Latest News
The cryptocurrency market surged to new highs on Wednesday, driven by optimism following former President…
In early 2024, Hamster Kombat took the blockchain gaming world by storm. Launched on Telegram…
In a groundbreaking step for sustainable space technology, Japanese researchers from Kyoto University and Sumitomo…
The tablet market is showing signs of robust growth, with worldwide shipments reaching 39.6 million…
Ghana emerged as a focal point of cyber threats in West Africa for the first…
South Korea has imposed a 21.62 billion won ($15.67 million) fine on Meta Platforms, the…
In a pivotal moment for Lagos Business School (LBS) and the broader Pan-Atlantic University community,…
Equinix, a leading global digital infrastructure company, has appointed Wole Abu as its new Managing…
Meta’s social networking platform, Threads, has recently hit a major milestone by reaching 275 million…
MTN Nigeria Communications PLC recently announced its plan to raise ₦50 billion through its Series…
Silverbacks Holdings, a Mauritius-based private investment firm, has recently made a strategic investment in African…
Growth Investment Partners (GIP) Ghana, an investment platform backed by British International Investment (BII), has…
To accelerate Nigeria’s ambitious 3 Million Technical Talent (3MTT) initiative, the federal government recently announced…
MaC Venture Capital (VC) has successfully closed its third fund (Fund III), raising $150 million…
BUSINESS
Apple is set to acquire the renowned photo editing company, Pixelmator. The Pixelmator Team shared this news in a blog post on Friday, assuring users that there will be “no material changes” to its apps “at this time.” The acquisition is currently awaiting regulatory approval. Pixelmator has signed an agreement…
British International Investment (BII), the UK’s development finance institution, has announced a $150 million trade facility in collaboration with Absa Group. This facility is designed to address Africa’s significant trade finance gap, which is estimated to be between $100 and $120 billion. This new agreement builds on a longstanding partnership…
MTN Nigeria has released its financial results for the nine months ending September 30, 2024, reporting a 0.9% decrease in total subscribers to 77.0 million, primarily due to the NIN-SIM directive. The company closed the nine-month period with a significant loss after tax of ₦514.9 billion, compared to a profit…
Ghanaian retail-tech startup Tendo Technologies has announced a strategic acquisition of its counterpart, Shopa, in a deal aimed at revolutionizing supply chain infrastructure across Africa. Tendo Technologies, founded in 2021 by Felix Manford, Evans Boateng, Derrick Mungai, and Primerose Katena, empowers tens of thousands of individuals to launch and grow…
Startup
MaC Venture Capital (VC) has successfully closed its third fund (Fund III), raising $150 million…
Ghanaian retail-tech startup Tendo Technologies has announced a strategic acquisition of its counterpart, Shopa, in…
Young African entrepreneurs are now invited to apply for the 2025 edition of the Anzisha…
Techstars, the renowned global startup accelerator, has abruptly ended its Lagos program, ARM Labs Lagos…
The Federal Ministry of Communications, Innovation & Digital Economy (FMCIDE) and Google have announced the…
Egyptian firm Raya Foods has secured a significant $40 million investment from Helios Investment Partners.…
people
Wasoko and MaxAB, two leading eCommerce giants in Africa, have made a strategic decision to…
Globacom is poised to appoint Ahmad Farroukh, a former CEO of MTN Nigeria, as its…
Ibrahim Ibitade, the co-founder and Chief Executive Officer of the cross-border payments company Leatherback, has…
Nigerian authorities have dropped all charges against Tigran Gambaryan, an executive at Binance, allowing him…
OpenAI has recently appointed its inaugural chief economist, Aaron Chatterji, who brings a wealth of…
MTN Nigeria’s CEO, Karl Toriola, has emphasized the critical need for the telecommunications industry to…
Cryptocurrency
The cryptocurrency market surged to new highs on Wednesday, driven by optimism following former President…
Ethereum has taken its place as one of the most popular and profitable digital assets…
Nigerian authorities have dropped all charges against Tigran Gambaryan, an executive at Binance, allowing him…
Worldcoin, the startup co-founded by OpenAI CEO Sam Altman, is undergoing a significant rebranding by…
Stripe, a prominent payments company, has completed the acquisition of the stablecoin platform Bridge in…
The Nigerian Federal Government has successfully retrieved a total of ₦160 million from two domestic…