Author: Staff Writer

Africa’s startup landscape is experiencing an unprecedented surge, fueled largely by digital transformation services that enable young companies to reach wider audiences faster and more efficiently. In recent years, digital marketing has become a vital tool for startups seeking growth and sustainability in an increasingly competitive market. From social media…

Naspers has secured the European Commission’s conditional approval to acquire Just Eat Takeaway.com (JET) through its global investment arm, Prosus. The decision, issued under the EU Merger Regulation, follows an extensive antitrust review and hinges on Naspers fully implementing strict commitments designed to protect competition in Europe’s food delivery market.…

In today’s digital world, online privacy and security are hot topics, especially in countries like Nigeria where internet usage is growing rapidly. As more Nigerians come online, the government has introduced various online safety regulations to protect users, combat cybercrime, and regulate digital content. But there’s one tool that has…

In a decisive move to redefine its market presence and reposition for the future, Nigeria’s fourth-largest telecom operator, 9mobile, has officially rebranded to T2. The transition, unveiled at a high-profile corporate event themed Tech Meets Tenacity at Eko Hotels and Suites in Lagos, represents more than a cosmetic change—it marks…

Elon Musk’s xAI is once again making headlines with the official rollout of Grok Imagine, a provocative AI-powered image and video generator that has quickly stirred conversation across the tech world. Available to SuperGrok and Premium+ X subscribers on iOS, the tool allows users to create short, animated clips with…

African startups saw a surge in funding in July 2025, buoyed by several mega-deals in the clean energy sector alongside numerous early-stage investments across fintech, biotech, AI, and more. In total, startups on the continent raised roughly $555 million in July – the highest monthly total this year – with…

South African travel-focused fintech TurnStay has secured $2 million (over R34 million) in a seed funding round led by First Circle Capital, with participation from top-tier US and African venture capital firms, including TLcom Capital, Enza Capital, Incisive Ventures, CVVC, and Equitable Ventures. This funding will accelerate TurnStay’s expansion across…

MTN Nigeria has claimed the top spot as the most valuable company on the Nigerian Exchange (NGX), hitting a historic milestone by crossing the N10 trillion market capitalisation mark. This feat not only secures the telecom giant’s dominance on the bourse but also highlights an extraordinary turnaround for a company…

Microsoft has joined Nvidia as the second publicly traded company to reach a $4 trillion market valuation, marking a historic milestone for the Redmond-based tech giant. The achievement, reached on Thursday, came on the heels of a blockbuster earnings report that underscored the company’s rapid expansion in cloud computing and…

The Coca-Cola Company has reached an agreement to sell Chivita|Hollandia (CHI Limited) to UAC of Nigeria PLC (UAC), marking a strategic move that will reshape Nigeria’s fast-moving consumer goods (FMCG) sector. The transaction, which is still subject to regulatory approval, reflects Coca-Cola’s strategy to operate a more flexible, asset-light model,…

Yahoo Mail is making a bold shift in its email storage policy, drastically reducing the free storage limit for users to 20GB and introducing new paid plans. The change, effective immediately, marks a significant downgrade for long-time users accustomed to Yahoo’s previously generous storage offering and signals the company’s bid…

Sun King, the world’s largest off-grid solar energy company, has achieved a groundbreaking milestone by closing a $156 million (KES 20.1 billion) local currency securitisation — the largest ever completed in Sub-Saharan Africa outside South Africa. The financing aims to expand affordable solar energy access to 1.4 million low-income homes…

Access Bank Plc, through its UK-based subsidiary Access Bank UK Limited, has acquired a 76% controlling interest in AfrAsia Bank Limited, a Mauritius-based commercial bank known for facilitating cross-border financial services between Africa, Asia, and global markets. The acquisition, now complete following regulatory approvals from both the Bank of Mauritius…

Innovation in startups rarely follows a straight line. In Africa’s dynamic startup landscape, adaptability is not a luxury but a necessity. Many of the continent’s successful ventures owe their survival to timely reinvention – the famed “pivot.” Yet the pivot has also become an overused buzzword, sometimes met with eye-rolls…

It’s hard to imagine today’s world without artificial intelligence. Similarly, one cannot imagine running an auto shop without digital vehicle inspection. It can make a significant difference for auto shop owners and technicians. It’s a lot easier to inspect the vehicle in a short period and inform customers promptly via…

The old way of collecting website feedback doesn’t cut it anymore. If you’ve ever spent a morning scrolling through a vague email thread, trying to match a client’s “the button looks weird” comment to an actual issue on the site, you know how frustrating it can be. And don’t get…

Marking a decisive commitment to Africa’s rising AI ecosystem, Google has pledged $37 million to fuel artificial intelligence development across the continent. Announced in Accra, Ghana, the funding—comprising both new and previously undisclosed contributions—will support research hubs, language inclusion, startup growth, and AI skills training. At the centre of this…

PayPal has taken a bold step toward transforming global digital commerce with the launch of PayPal World—a new interoperable platform that connects the world’s leading digital wallets and payment systems. Announced on July 23, 2025, the initiative is positioned to dismantle longstanding barriers in cross-border payments, enabling seamless transactions for…

Lime Consumer Finance, backed by a $9.4 million initial investment, has officially launched in Egypt, targeting a major societal need—accessible education financing. As a wholly owned subsidiary of First Abu Dhabi Bank Group (FAB), Lime enters the market with a focused mission: to empower Egyptian families with structured, transparent, and…

In what might be the most unexpected tech leadership story of the year, the CEO of Astronomer, a prominent data infrastructure company, has resigned following a viral kiss cam moment at a Coldplay concert. The twist? He wasn’t caught with a random concert-goer — he was with the company’s Head…