Author: Staff Writer

If you have or have had toddlers, there is every likelihood you must have watched the “Baby Shark” video. And I must tell you it is their favourite. because it is easy and involves a lot of repetition. As at the time of writing this post, it has grossed over…

Ant Group’s expected Initial Public Offer (IPO) has been suspended. The company was planning on a dual listing in Shanghai and Hong Kong on Thursday, 5th November 2020. It would have been the largest initial public offering on record surpassing the $29.4 billion that Saudi Arabia’s state-run oil company, Saudi Aramco,…

Swedfund, a Sweden’s development finance institution for sustainable investments in developing countries, has invested $1 million in Kasha Global, an East African female e-commerce startup. Kasha Global intends to use the funds to accelerate growth and impact across Kenya and Rwanda, improve its platform and support its expansion into other…

Angaza, a Pay-As-You-Go software company, with offices in San Francisco and Nairobi, has closed $13.5 million in Series B financing. The round was led by East African energy impact fund KawiSafi Ventures and was joined by Total Carbon Neutrality Ventures (TCNV), the venture capital arm of broad energy company, Total. In 2017, the company raised $10.5…

Emerging market payments company, dLocal has announced its expansion into four African countries – Kenya, Senegal, Ghana, and Cameroon and partnership with two new integration partners – Verve in Nigeria and Fawry in Egypt. With this expansion into these four African countries and the recent announcement in Latin America and the Caribbean, with…

Music maestro Kanye West gave his wife Kim Kardashian-West, a hologram of her late father for her 40th birthday. Kim Kardashian shared a video of the hologram on her Twitter handle. “For my birthday, Kanye got me the most thoughtful gift of a lifetime. A special surprise from heaven. A…

According to latest IDC report, Samsung beat Huawei to regain the position as the top smartphone maker in the world with 22.4% market share in the 3rd quarter. Though there was a slight decline in number of devices shipped this quarter due to the COVID-19 pandemic, Samsung shipped 80.4 million smartphones, up…

Alon Lits, former General Manager of Uber Sub-Saharan Africa, has been appointed the Chairman of Emergency Dispatch platform, AURA. AURA provides a technology platform to localized armed response providers, giving them an opportunity to utilize technology to differentiate their offering and provide services to an exciting and growing Mobile security…

Nigerian based Co-Creation Hub, CcHub has acquired another firm, eLimu, a leading EdTech firm and digital educational content provider, in Kenya. The tech hub did the acquisition through Kenyan tech hub iHub which it acquired in 2019 CcHub said that eLimu will be transformed into the Digital Education Platform arm of…

US customers can now use cryptocurrency for payments, online and in-store purchases, ATM cash withdrawals with Coinbase Card, Coinbase cryto Visa debit card. The customers also stand a chance to earn up to 4% back in crypto rewards with the card. At launch, customers can opt to earn 4% back…

Physiona, a med-tech platform that helps people secure the services of physiotherapists, launches today across Nigeria. With more than 200 physiotherapists on its platform, the med-tech company is offering physical therapy services at patients’ homes including treatments such as stroke rehabilitation, management of low back pain, joint pain, arthritis, and…

Nigerian-born economist and international development expert, Ngozi Okonjo-Iweala, has been proposed by a WTO Panel to be the Director General of the World Trade Organisation (WTO), moving her a step closer to becoming the WTO’s first female director-general. The WTO panel consists of three senior WTO ambassadors, led by New…

The campaign website of President Donald Trump was hacked briefly by Cryptocurrency scammers. The message had the headline – “this site was seized” “the world has had enough of the fake news spreaded daily” by president donald j. Trump.” The hackers claimed they had evidence that discredits the president, “proving…

HMD Global, the home of Nokia phones, has today announced the availability of Nokia 8.3 5G in Kenya. Nokia 8.3 5G is available on sale in Kenya starting today and comes in Polar Night color, priced at a starting retail price of Ksh 69,000 for 8/128 configuration. Commenting during the launch of its…

Communication has become a lot easier over the years, thanks to the ever-advancing technology. Today, there are a lot of channels through which you can get to your customers and pass whatever message you want. Some of the most common platforms include social media and personalized calls. Perhaps, one method…

Lee Kun-hee, Samsung Chairman, has died at the age of 78. This announcement was made by Samsung Electronics, saying he died on the 25th of October with his family including his son, vice-chairman Lee Jae-yong, at his side. Lee Kun-hee is hailed as the person who transformed the South Korean firm into…

Veklury (Remdesivir) is the first treatment for COVID-19 to receive FDA approval

Airtel Africa announced its half year results showing a half year Profit Before Tax of $281 million from a revenue of $1,815 million. Voice accounted for 53% of the revenue at $952 million while Data accounted 30% at $548 million. Revenue growth was recorded across all the regions: Nigeria up…

A new investor, Nesbitt Investment Nigeria Limited, has taken over the management of Peugeot Automobile Nigeria (PAN) limited as the core investor and plan to inject $150m. The company says that the investment will be used for retooling and upgrading of the assembly line, support infrastructure and for working capital…

It arose out from nowhere and became a name synonymous with youth emancipation and struggle for freedom. It is the Feminist Coalition. Out of nowhere, the Feminist Coalition was able to set up a crowdfunding platform to collect monies for the #EndSARS protest. Flutterwave was also involved in the collection…