IHS Towers has struck a transformative deal to sell its Rwandan operations to Paradigm Tower Ventures, marking a significant shift in Africa’s telecom infrastructure landscape. Valued at $274.5 million, the transaction includes approximately 1,465 towers and is expected to close in the second half of 2025, subject to regulatory approvals.…
Author: Staff Writer
In May 2025, U.S. President Donald Trump reignited controversy by blocking Harvard University from enrolling international students, citing alleged non-compliance with federal immigration regulations. The move—executed through a directive by the Department of Homeland Security (DHS)—revoked Harvard’s certification under the Student and Exchange Visitor Program (SEVP), a status required for…
Artificial intelligence is revolutionizing how we interact with technology, and at the heart of this transformation are AI-powered chatbots. These virtual assistants are becoming essential tools for work, learning, and everyday communication. In 2025, several standout chatbots are shaping the future of AI-driven interaction based on their capabilities, global reach,…
The Gates Foundation is giving a major boost to maternal and child health in Sub-Saharan Africa with a $5 million grant to Axmed, a healthcare technology company transforming medicine access in emerging markets. The grant will be deployed as a 1:1 matching fund, helping governments procure critical maternal, newborn, and…
Carrot Credit, a Nigerian fintech startup, has raised $4.2 million in seed funding to scale its asset-backed lending platform across the continent. The round, led by MaC Venture Capital with backing from Authentic Ventures, will support product development, team expansion, and deeper integrations with digital investment platforms. Founded in 2023…
In a major milestone for the open-source AI community, Meta’s Llama—a family of large language models (LLMs)—has surpassed 1 billion downloads, marking a significant step toward democratizing access to powerful artificial intelligence tools. Since its initial release in 2023, Llama (short for Large Language Model Meta AI) has become a…
At its annual Google I/O 2025 event, Google unveiled one of its most exciting updates yet for global communication: real-time speech translation in Google Meet. Now available in beta for Google One AI Pro subscribers, this feature enables natural, free-flowing multilingual conversations during video calls—with voices, tones, and expressions preserved…
At its 2025 I/O Developer Conference, Google unveiled Veo 3, the most advanced version of its generative video model developed by DeepMind. Veo 3 is more than just an evolution of AI video creation—it’s a bold reimagination of how content can be generated using artificial intelligence. By seamlessly merging high-fidelity…
Remote scribes play a crucial role in the modern healthcare landscape. These professionals are responsible for documenting clinical encounters in real time, allowing physicians to focus on patient care without being bogged down by administrative burdens. While working as a remote scribe provides an excellent entry point into healthcare, it…
MTN South Africa has officially launched MoMo Pay, a digital payment platform designed to help individuals and small businesses—especially in the informal sector—accept cashless payments quickly and affordably. Designed for simplicity and accessibility, MoMo Pay is MTN’s answer to the long-standing dominance of cash in the country’s informal economy, which…
Lagos State has secured $22 million in foreign direct investment (FDI) for the expansion of its fibre optic infrastructure. Announced during a ministerial press briefing commemorating the second year of Governor Babajide Sanwo-Olu’s second term, this investment positions Lagos for a new era of smart connectivity and economic empowerment, particularly…
Microsoft has officially introduced Grok 3, the flagship AI model from Elon Musk’s xAI, to its Azure AI Foundry platform—marking a bold step in AI accessibility and infrastructure-grade readiness. This collaboration gives developers direct access to Grok 3’s robust capabilities, backed by the enterprise features of Azure, creating a new…
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…