Author: Staff Writer

Learning from hacks Ever since cryptocurrencies emerged as a global force there has been concern over security. Each year hundreds of millions of dollars are stolen from crypto services. Midway through 2025 more than $2 billion had already been plundered by cybercriminals. The industry spends exorbitant amounts on shoring up…

Shoprite Group, one of Africa’s largest retail chains, has launched a Buy Now, Pay Later (BNPL) payment option for customers, marking a significant expansion in its payment services as households navigate rising living costs in South Africa. The initiative, introduced in partnership with fintech provider PayJustNow, allows customers to spread…

For nearly a decade, Paystack positioned itself as neutral infrastructure — the invisible payments rail powering Nigeria’s digital economy. It enabled businesses to accept payments, settle funds, and move money efficiently, while staying deliberately out of the more contentious layers of banking such as deposits and lending. With the launch…

Paystack, the Stripe-owned Nigerian fintech best known for powering online payments, has taken a decisive step into banking with the acquisition of Ladder Microfinance Bank, securing a regulatory licence that allows it to hold deposits, lend money, and offer banking-as-a-service (BaaS) in Nigeria. The move marks a structural shift for…

Eko Electricity Distribution Plc (Eko Disco) has announced the appointment of Wola Joseph-Condotti as its Interim Chief Executive Officer, following a major board transition triggered by Transgrid Enerco’s takeover of the company’s board. Her appointment takes effect immediately and follows the resignation of Rekhiat Momoh, who served as Chief Executive…

MultiChoice Nigeria has announced a leadership transition, with Chief Executive Officer John Ugbe set to retire after nearly 15 years, and Kemi Omotosho named as his successor, effective January 2026. The company described the change as part of a structured succession process designed to ensure continuity in leadership and operations…

IShowSpeed (real name Darren Watkins Jr.) has embarked on a 28-day, 20-country live-streamed Africa tour that kicked off on December 29, 2025. Dubbed “Speed Does Africa,” this tour is a logistical beast backed by major sponsors and a full production team. In just the first two weeks, Speed has blazed…

Data security sits at the center of modern business operations. Organizations handle growing volumes of sensitive information across systems, teams, and locations. Threats continue to evolve as attackers refine methods and target operational weaknesses. A reactive approach leaves gaps exposed for long periods. Proactive risk management shifts focus toward prevention,…

African defence technology startup Terra Industries has officially emerged from stealth, announcing an $11.75 million funding round to scale its autonomous security systems designed specifically for Africa’s unique security challenges. The round was led by 8VC, the U.S.-based venture firm founded by Palantir co-founder Joe Lonsdale, with participation from Valor…

Skincare brand Topicals is leaning deeper into culture-led growth as Nigerian music star Rema and WNBA standout Angel Reese join the company as investors in its latest funding round, signalling a shift away from traditional venture capital toward influence-driven backing. The move, first reported by Business of Fashion, reflects a…

Tage Kene-Okafor, one of the most prominent global voices covering Africa’s technology and venture capital ecosystem, has announced his departure from TechCrunch after five years. The announcement, shared via LinkedIn, marks the end of a defining chapter in how African innovation has been reported to international audiences. “After five incredible…

If earning the Project Management Professional (PMP)® certification is on your career roadmap, now is a critical time to act.The Project Management Institute (PMI) has officially announced that the PMP exam syllabus will change in July 2026. The updated exam will introduce greater emphasis on emerging areas such as artificial…

Regulatory compliance used to mean filing cabinets full of inspection reports, maintenance logs, and safety certifications. Auditors would show up, and teams would scramble to find the right documents proving everything was done correctly. That approach doesn’t scale anymore, especially when organizations operate across multiple sites with different regulatory bodies…

Custom banking builds are rarely plug-and-play. They need secure foundations, clean integrations, and flows that match how banks actually work. This article reviews five development firms that take on that challenge. It starts with CISIN and its full-cycle delivery model for a CISIN custom banking app, then compares other providers…

Small businesses operate with limited margins and constant pressure to perform. Every decision affects cash flow, employee output, and customer perception. Facility design often gets overlooked because it feels secondary to sales or marketing. In reality, design efficiency shapes daily operations more than many owners expect. When facilities support work…

The digital workplace has redefined how professionals connect, collaborate, and create. Remote communication tools, shared platforms, and artificial intelligence now shape everyday operations. Yet while technology has brought new opportunities, it has also introduced new ethical and professional challenges. In this fast-paced, ever-changing environment, protecting professional integrity is vital. It…

Nigeria is among the world’s top remittance destinations, consistently leading Africa in diaspora. In 2020, the country received an estimated $17.2 billion in personal remittances – a sharp drop from prior years as the COVID-19 pandemic and oil price crash hit global incomes and travel. By 2021, inflows rebounded to…

Africa’s startup ecosystem staged a strong comeback in 2025, with venture-backed startups raising approximately $3.1–$3.2 billion, marking a 41% year-on-year increase from the $2.2 billion recorded in 2024. The rebound ends a two-year funding downturn and signals renewed investor confidence, but the recovery has been uneven, revealing deep structural shifts…

xAI, the artificial intelligence company founded by Elon Musk, has raised $20 billion in a Series E funding round, significantly exceeding its initial $15 billion target. The raise positions xAI among the most heavily funded AI companies globally and underscores the accelerating arms race to build frontier-scale artificial intelligence infrastructure.…

SORA Technology, a Japanese frontier technology startup applying drones and artificial intelligence to public health and climate challenges, has raised JPY400 million (approximately $2.5 million) in the second close of its late seed funding round. The new capital brings the company’s total funding to about $7.3 million, following an earlier…