Author: Staff Writer

In today’s digital economy, the role of payment gateways cannot be overstated. Payment gateways act as the backbone of e-commerce and digital transactions, enabling businesses and individuals to send and receive money securely and efficiently. These platforms bridge the gap between buyers and sellers, facilitating seamless transactions through various methods…

Bitcoin has reached a historic milestone, soaring past $106,000 following remarks by U.S. President-elect Donald Trump about establishing a U.S. Bitcoin Strategic Reserve. This unprecedented proposal, akin to the country’s Strategic Petroleum Reserve, has energized cryptocurrency markets, pushing Bitcoin to an all-time high of $106,533 before settling at $104,462. Ethereum…

As the world becomes increasingly digital, mobile internet continues to transform lives and businesses, especially in underserved regions. The 2024 State of Mobile Internet Connectivity Report by the GSMA highlights both progress and persistent challenges in mobile internet adoption globally. This article delves into the report’s key findings, shedding light…

Iwájú, a Disney animated series created in collaboration with Kugali, a Pan-African comic book entertainment company has been nominated in three categories at the 3rd Annual Children’s & Family Emmy Awards. The announcement was made in a post by The National Academy of Television Arts and Sciences (NATAS). The three Children’s…

After two decades of transformative leadership, Axxela Limited, a trailblazer in natural gas and energy solutions, is entering a new era. Bolaji Osunsanya, the visionary CEO who spearheaded Axxela’s rise as a leader in the energy sector, has announced his retirement. Stepping into his formidable shoes is Ogbemi Ofuya, a…

WhatsApp has unveiled a game-changing feature that lets users select specific participants when initiating group calls. This long-awaited update addresses a common limitation: previously, users could only call an entire group, potentially disrupting unavailable members. The new participant selection option is particularly useful for scenarios like organizing surprise parties or…

WATT Renewable Corporation, a pioneer in sustainable energy solutions, has secured a $15 million debt facility to expand its hybrid solar power operations in Nigeria. The funding, provided by AFRIGREEN Debt Impact Fund, will be directed towards building and operating solar power plants to serve commercial and industrial clients, particularly…

Duolingo, a global leading player in mobile language learning, has partnered with Netflix’s hit series Squid Game to create a unique campaign aimed at promoting Korean language learning. Dubbed “Learn Korean or Else,” the initiative cleverly merges Duolingo’s signature humour with the intense, high-stakes energy of Squid Game, just in…

All-in-one mobility app, Bolt, has launched Bolt Market in Kenya, its first country in Africa. Bolt Market is Bolt’s on-demand grocery delivery service, which was launched in 2021. The service initially began in the Baltic States and has since expanded to other countries, including Sweden, Poland, and the Czech Republic.…

Reddit has begun rolling out a new artificial intelligence feature to help users find answers within Reddit conversations and posts. The company announced this development on Tuesday. This feature, called Reddit Answers, is currently being tested with a small group of users in the U.S. as part of an initial…

Airtel Nigeria has partnered with Google to redefine home entertainment. This collaboration integrates YouTube into the Airtel Smart Router, enabling seamless access to the world’s largest video platform on any television, including older analogue models. This innovation bridges the digital divide in Nigeria by transforming traditional TVs into smart ones,…

Yango, a global tech company operating in Côte d’Ivoire, has collaborated with Yabx, an embedded finance platform, and COFINA, a leading mesofinance institution, to introduce Driver Cash Advance—a digital lending service aimed at enhancing financial access for drivers on the platform. This initiative enables Yango drivers to access up to…

Earlier this year, OpenAI unveiled Sora, its groundbreaking text-to-video AI model, designed to simulate and interact with reality. Building on this innovation, the company has now introduced Sora Turbo, a faster and more advanced version, launched as a standalone product on Monday at Sora.com for ChatGPT Plus and Pro users.…

Chappal Energies, an emerging player in Nigeria’s energy landscape, has finalized the acquisition of Equinor Nigeria Energy Company (ENEC), concluding Equinor ASA’s 32-year tenure in the country. This landmark deal is a defining moment for Chappal Energies, granting the indigenous firm a 53.85% ownership stake in Oil Mining Lease (OML)…

Triggerfish, Africa’s premier animation studio, has partnered with UNESCO to launch The Creator Labs, a groundbreaking initiative aimed at advancing women in the African animation industry. This collaboration seeks to address gender disparities and foster inclusivity in a sector contributing over $5 billion to Africa’s GDP and employing more than…

McKinsey and Company Africa, a subsidiary of the global consulting firm McKinsey & Company Inc., has agreed to pay over $122 million to settle charges related to a bribery scheme involving government officials in South Africa. The resolution, announced by the U.S. Department of Justice (DOJ), highlights McKinsey Africa’s role…

UK-based e-mobility company OX Delivers has inked a groundbreaking $163 million multi-year contract to launch its first franchise partner, OX East Africa, marking a pivotal step in its mission to transform transportation and trade in the Global South. This expansion will see the company’s innovative electric trucks and subscription-based services…

It has finally happened! Bitcoin price has finally crossed the $100,000 since it launched more than 10 years ago. As of this writing, it is $102,800; however it has reached an all time-high of $103,600. Bitcoin surged in value after Donald Trump’s victory in the 2024 US Presidential Election. On…

For nearly a century, Mercedes-Benz has been the trusted vehicle supplier for the Vatican. Now, the company has reached a groundbreaking milestone by delivering the first-ever all-electric Popemobile to Pope Francis. This sustainable upgrade arrives just in time for the 2025 Jubilee, an event held once every 25 years, expected…

The acquisition battle for Bamburi Cement Plc has taken a decisive turn as Savannah Clinker Limited withdrew its $197.2 million bid, leaving Tanzania’s Amsons Industries (K) Limited as the sole contender with its $182.8 million offer. The decision, announced by the Capital Markets Authority (CMA) on December 4, 2024, follows…