Author: Staff Writer

TikTok, the leading short-form video platform, has announced the launch of its Creator Rewards Program, aimed at recognizing and rewarding the creativity and originality of content creators. With this program, TikTok aims to foster a supportive environment where creators can thrive and continue to produce engaging and high-quality content for…

Flutterwave, Africa’s leading payments technology company, has secured the prestigious top spot in Fast Company’s Most Innovative Company for Europe, Middle East, and Africa 2024. Joining the ranks of renowned innovators like Nvidia, Open AI, and Youtube, Flutterwave’s recognition underscores its pivotal role in shaping industry and culture through groundbreaking…

Moove has announced the successful raise of $100 million in a Series B funding round led by Uber and participation by existing investors including Mubadala.  Moove has cumulatively secured $250 million in equity and $210 million in debt financing. Innovation Village hinted on this raise led by Uber in an…

Selecting a cryptocurrency exchange is a challenging yet crucial decision. It presents a significant opportunity to gain access to a platform for various transactions across different directions. This enables you to purchase the desired cryptocurrency and potentially generate profits. However, many traders ponder over the question of which is the…

In a bid to address growing concerns about altered or synthetic content, YouTube is rolling out a new tool within Creator Studio aimed at promoting transparency between creators and viewers. The tool requires creators to disclose when realistic content, which could be mistaken for real people, places, or events, is…

The Nigerian Communications Commission (NCC) announced that Voice, Data Services Affected by Undersea Cable Cuts has been restored to approximately 90% of their peak utilization capacities. Last week Thursday saw a disruption in internet connectivity across the African continent due to reports of damage to critical subsea cables along the…

Zone, Africa’s leading payment infrastructure company, has successfully secured $8.5 million in an oversubscribed seed funding round led by Flourish Ventures and TLcom Capital, marking a significant milestone in the company’s journey. This injection of funds represents a pivotal moment for Zone as it embarks on its mission to build…

Nigeria’s Securities and Exchange Commission (SEC) has put forward a series of amendments to the regulations governing crypto service providers, signaling potential changes to the landscape of digital asset trading in the country. The proposed amendment includes a substantial increase in the registration fee for crypto exchanges, skyrocketing from 30…

Adenia Partners, a prominent private equity firm with a track record of responsible and sustainable investments spanning over two decades in Africa, has entered into an agreement with Air Liquide, a global leader in industrial and medical gases. The deal involves the acquisition of 12 subsidiaries located in West and…

In a significant development for Pakistan’s financial sector, MNT–Halan Pak B.V., a Dutch-Egyptian financial market player, has received approval from the Competition Commission of Pakistan (CCP) to acquire Advans Pakistan Microfinance Bank Limited. The acquisition process began with a share purchase agreement signed between the companies in August 2023, gaining…

On Thursday, internet connectivity across the African continent was disrupted as reports emerged of damage to vital subsea cables off the western coast. The West Africa Cable System, MainOne, and ACE sea cables, serving as crucial conduits for telecommunication data flow, were all impacted, plunging mobile operators and internet service…

Ride-share app inDrive announced that it has raised $150 million to expand its services and enter new markets. This new funding is from the same venture capital firm General Catalyst who provided $150 million in financing last year. The company added that the financing extension can be further extended for…

In a move set to reshape Africa’s technological landscape, Heirs Holdings, a leading African investment company, has launched its new subsidiary, Heirs Technologies Limited. With a dedicated focus on driving Africa’s digital transformation, Heirs Technologies aims to deliver innovative solutions tailored to local needs. The launch of Heirs Technologies signifies…

In the digital age, cryptocurrency wallets have become fundamental for anyone engaging with virtual currencies. These wallets don’t store physical coins; instead, they provide a secure environment to store the digital credentials – private and public keys – necessary to transact in cryptocurrencies. Think of them as your bank account…

Access Holdings has announced Aigboje Aig-Imoukhuede as the non-executive Chairman of the Board of Directors. This is in response to the untimely passing of the immediate past Group Chief Executive Officer of Access Holdings, Dr. Herbert Wigwe, CFR. Aig-Imoukhuede was the pioneer Access Bank Group Chief Executive Officer/CEO. He replaces…

Music streaming giant, Spotify, has rolled out a video streaming service to revolutionize the way fans connect with their favourite artists. Recognizing the transformative impact of iconic music videos on pop culture, Spotify aims to enhance the artist-to-fan relationship by providing a new dimension for fans to explore and connect…

Even as ByteDance, the parent company of TikTok, faces a possible ban in the US, the Chinese video-sharing giant is set to introduce a new standalone photo-sharing app – TikTok Photos – to challenge Instagram. This was made known by well-known app investigator AssembleDebug through an APK teardown which revealed text…

Ethereum, the second-largest cryptocurrency in the world, has been slowly consolidating its position over the past year. The prices have been growing steadily, and while the bull run was not as extensive as most investors expected it, ETH grew quite a lot over the past months. However, some are worried…

In the dynamic world of finance, the advent of online forex trading has revolutionized the way individuals and institutions engage with the global currency markets. Among the plethora of instruments available, Forex Contracts for Difference (CFDs) have emerged as a powerful tool for traders seeking to capitalize on currency fluctuations…

Airbnb has announced a significant change in its policy regarding security cameras within listings, aiming to enhance renters’ privacy. Effective April 30th, the vacation rental platform will no longer permit hosts to use indoor security cameras, irrespective of their location or purpose. This shift comes in response to numerous reports…