Author: Staff Writer

In a bold step to redefine how Egyptians access financial tools, Cairo-based fintech startup ElGameya has announced the close of a new seven-figure USD investment round, fueling its mission to digitize traditional savings circles and extend financial inclusion to underserved communities. Led by AYADY for Investment and Development, the round…

Google launched the NotebookLM mobile app on Android and iOS platforms to make AI-driven productivity more accessible. The rollout comes just ahead of the company’s annual developer conference, Google I/O, and marks a key milestone in Google’s mission to integrate artificial intelligence into everyday workflows. The mobile release follows strong…

NIPOST reactivates Super Agent and International Money Transfer Operator (IMTO) licenses The Nigerian Postal Service (NIPOST) is redefining its purpose and service delivery in the digital age, as it resumes full-scale financial operations, rolls out inclusive digital platforms, and deepens partnerships across government and private sectors. With its Super Agent…

Cairo-based used-car platform Sylndr has raised $15.7 million in Series A equity funding, marking a strategic shift in its evolution from a used-car marketplace to a fully integrated automotive platform. The round was led by Development Partners International (DPI) Venture Capital via its Nclude Fund, with participation from leading investors…

Huawei has taken a bold step in its pursuit of technological independence by launching its first laptops running HarmonyOS, a homegrown operating system developed to reduce reliance on Western software ecosystems. The release of the MateBook Fold and MateBook Pro, which officially run HarmonyOS 5, signals a deeper shift in…

VUZ, the UAE-based immersive media platform known for transporting viewers to red carpets, football stadiums, and global events, has raised $12 million in a pre-Series C funding round. The round was led by the International Finance Corporation (IFC), a member of the World Bank Group, with support from Al Jazira…

MaxAB-Wasoko, the regional e-commerce and supply chain powerhouse, has deepened its footprint in Egypt through the acquisition of Fatura, a Cairo-based B2B marketplace previously owned by EFG Finance. The move reinforces MaxAB-Wasoko’s ambition to become Africa’s leading retail-tech platform, while strategically positioning EFG Finance, a subsidiary of EFG Holding, as…

Cairo-based investment platform Thndr has raised $15.7 million in a fresh funding round, signaling strong investor confidence in its ambition to become a full-service financial institution for the Middle East and North Africa (MENA) region. The round was led by global technology investor Prosus, with participation from Y Combinator, BECO…

In a fresh twist to their long-running legal feud, Fortnite has once again been banned from iPhones and other Apple devices in both the United States and the European Union. The move comes despite Epic Games’ recent legal victories against Apple, reigniting the complex and high-stakes battle between the gaming…

In a significant move to accelerate digital inclusion across Africa, Orange Middle East and Africa (OMEA) has partnered with the International Finance Corporation (IFC) to expand access to sustainable digital infrastructure in eight underserved countries across West and Central Africa. The announcement was made during the Africa CEO Forum, held…

South African emergency response platform AURA is preparing to scale globally after securing €13.5 million ($14.6 million) in Series B funding. The round, co-led by Cathay AfricInvest Innovation Fund (CAIF) and global venture capital firm Partech, brings the startup’s total funding to date to €21 million ($22.8 million). The funds…

Expanding its footprint beyond food service, Tantalizers Plc, one of Nigeria’s leading quick-service restaurant chains, has made a bold move into the entertainment industry with the acquisition of Grand Media Projects Limited. The media company, founded by acclaimed filmmaker Tade Ogidan, is renowned for its impact on Nigeria’s film and…

In a cyberattack that has sent shockwaves through the cryptocurrency industry, Coinbase, one of the world’s largest crypto exchanges, has confirmed a data breach resulting from an insider threat. The attack, which affected less than 1% of its 9.7 million monthly users, has reignited concerns about the vulnerability of centralized…

Remita, Nigeria’s leading digital payment platform developed by SystemSpecs, is ready to take on a larger stage. After establishing itself as a key player in Nigeria’s public and private payment ecosystems, the company is now actively exploring expansion beyond Nigeria’s borders, positioning itself as a contender in Africa’s fast-growing fintech…

The United States Congress is currently deliberating a bill that proposes a 5% excise tax on all international remittances sent by non-citizens residing in the U.S. This legislative move, if enacted, could have significant repercussions for African nations, particularly Nigeria, which heavily relies on remittances from its diaspora for economic…

In a major boost to Nigeria’s energy access agenda, Sun King has secured an $80 million local currency loan facility in partnership with the International Finance Corporation (IFC) and Stanbic IBTC Bank, a member of Standard Bank Group. The landmark deal is designed to scale affordable, off-grid solar solutions to…

Despite operating in a challenging economic landscape, Nigerian companies have shown extraordinary resilience and innovation, topping the Financial Times’ 2025 ranking of Africa’s fastest-growing companies. Compiled in partnership with research firm Statista, the annual ranking highlights 130 businesses across the continent with the highest compound annual growth rate (CAGR) between…

Google designed Android with Gemini at its core. It began with smartphones, where a single tap brings your personal AI assistant to life—ready to help across your device. Today, Gemini’s powerful features, like real-time camera and screen sharing through Gemini Live, are available to billions of Android users globally —…

Abia State is laying the groundwork for a digitally connected future—and MTN Nigeria is right at the center of that vision. In a landmark partnership unveiled in Umuahia, MTN signed a Memorandum of Understanding (MoU) with the Abia State Government that promises to expand broadband access, drive digital inclusion, and…

TikTok has taken the next big leap in merging artificial intelligence with social storytelling. The platform, known for redefining digital creativity, has introduced AI Alive—a new tool that transforms ordinary photos into animated, visually rich videos. This feature isn’t just another filter; it’s TikTok’s foray into AI-powered content creation that’s…