In today’s digitized music world, streaming has become the primary way listeners consume music and artists share their work. With platforms like Spotify, Apple Music, Boomplay, and Audiomack offering near-instant access to global audiences, the perception is that any artist, anywhere, can now earn a living through streaming. But as…
Author: Staff Writer
Francophone Africa is poised for a major leap in technological development with the launch of a $69 million DeepTech Innovation Fund, a bold initiative aimed at accelerating innovation in science and technology across the region. Spearheaded by the African Intellectual Property Organization (OAPI) in partnership with the African Guarantee Fund…
Elon Musk, the billionaire entrepreneur and CEO of Tesla, has stepped down from his temporary role in the Trump administration, marking the end of a turbulent chapter in his brief foray into public service. Musk served as a special government employee tasked with leading the Department of Government Efficiency (DOGE),…
SORA Technology Co. Ltd., a Japan-based frontier technology startup, has announced the successful first close of its late seed funding round, further cementing its position at the intersection of health innovation and climate resilience. The round attracted investments from notable institutional backers such as Nissay Capital’s Sustainability Challenge Fund, SMBC…
Sidi Ould Tah of Mauritania has been elected the next President of the African Development Bank Group following a vote by the Bank’s Board of Governors at the 2025 Annual Meetings in Abidjan, Côte d’Ivoire. The announcement was made by Nialé Kaba, Côte d’Ivoire’s Minister of Planning and Development and…
Telegram, the privacy-focused messaging platform with over 900 million users worldwide, has entered a transformative partnership with Elon Musk’s artificial intelligence company, xAI. Valued at $300 million in a mix of cash and equity, the deal aims to embed xAI’s Grok chatbot across Telegram’s vast app ecosystem, making artificial intelligence…
In a bold move to close Nigeria’s persistent digital divide, the Federal Government has launched a pilot digital village project in the Ibwa 2 community of Gwagwalada, Federal Capital Territory (FCT), providing free internet access, digital healthcare, and remote learning opportunities. This initiative marks a significant milestone in the nation’s…
Twitch, the Amazon-owned livestreaming platform, has grown from a niche site for gamers into a cultural and commercial juggernaut in the global streaming landscape. Originally launched in 2011 as a spin-off of Justin.tv—a general-purpose live video platform founded in 2007—Twitch was created to focus solely on video game content. The…
Africa Finance Corporation (AFC), one of Africa’s premier infrastructure finance institutions, has announced a €100 million investment to support the expansion of Mota-Engil Africa’s mining operations in Côte d’Ivoire and Mali. The five-year facility is set to finance equipment acquisition, inventory, and site infrastructure for three new gold mining projects,…
Airtel Nigeria has reported a major milestone in its fight against digital fraud, revealing that its recently launched AI-powered Spam Alert Service has identified more than 9.6 million spam messages within just two months of operation. Introduced on March 13, 2025, the system is part of the telecom giant’s broader…
Salesforce is returning to high-stakes dealmaking with a bold move to acquire data management leader Informatica in a deal valued at approximately $8 billion, signaling its most significant acquisition since purchasing Slack in 2021. As the artificial intelligence (AI) arms race accelerates in the enterprise tech sector, this acquisition positions…
COREangels MEA, in partnership with PTS Holdings and the Arab Academy for Science, Technology and Maritime Transport, has launched a $10 million investment fund to support early-stage innovation across the Middle East and Africa (MEA). At the centre of the initiative is a clear mission: to invest in purpose-driven tech…
Mavin Records sensation Ayra Starr has etched her name in the history books as the first Nigerian female artist to cross one billion cumulative views on YouTube. The feat places the 21-year-old Afrobeats star among an elite group of Nigerian music heavyweights, including Burna Boy, Wizkid, Davido, Rema, and CKay,…
Kenya is preparing to undertake its largest privatization effort in nearly two decades, with plans to sell a significant portion of its 34.9% stake in Safaricom, East Africa’s telecom giant. The goal: raise approximately KES 149 billion ($1.1 billion) by June 2026 to plug widening budget gaps without imposing new…
With investor confidence growing in Africa’s green transport sector, GOGO Electric has secured new funding from the Africa Go Green Fund (AGG) to scale its innovative e-mobility solutions across Uganda. Though the amount was not disclosed, the Revolving Working Capital Facility, managed by Cygnum Capital, will support the expansion of…
NewGas Cylinder Bottling Limited, a Ghanaian clean energy startup and subsidiary of Arch Holdings Limited, has clinched an $18.2 million senior debt facility to spearhead a nationwide campaign for safer and cleaner household cooking. The funding, provided by two major international funds—Africa Go Green Fund and Spark+ Africa Fund—will finance…
In a decisive move to enhance consumer protection and promote transparency, the Nigerian Communications Commission (NCC) has issued a new directive compelling all telecommunications operators in Nigeria to publicly inform consumers about major service outages on their networks. The directive, which is now in effect, mandates that service providers disclose…
In a media landscape dominated by billion-dollar streaming giants, Twitch megastar Kai Cenat is charting a bold new path—one that prioritizes creative independence over lucrative deals. The 23-year-old content creator recently revealed that he turned down offers from Amazon Prime, Netflix, and Tubi to bring his new project, Streamer University,…
Anthropic has introduced its most advanced AI models to date—Claude Opus 4 and Claude Sonnet 4—ushering in a new era of performance, precision, and power in artificial intelligence. With major strides in coding, reasoning, and long-running task execution, the Claude 4 models are engineered to elevate everything from software development…
Africa Delivery Technologies Holding, the Dutch-based parent company of Nigerian logistics startup Kwik, has been declared bankrupt by a court in Amsterdam following a creditor-led legal dispute. The bankruptcy, however, does not directly affect Kwik’s daily operations in Nigeria, where the company continues to serve over 300,000 merchants and recently…