Nigeria-based private equity firm, Cardinal Stone Capital, has sold its majority stake in i-Fitness, the…
Browsing: Business
The Competition Commission of the Common Market for Eastern and Southern Africa (COMESA) has declared…
Walmart has confirmed plans to acquire TV manufacturer Vizio for approximately $2.3 billion as part…
OnePlus has revealed its second smartwatch, the OnePlus Watch 2, which the company promises will…
Disha, a no-code platform dedicated to assisting creatives with marketing and payment processing, has revealed…
Toast, the maker of restaurant management software, has announced plans to lay off 550 employees,…
The grocery delivery giant Instacart recently made a significant announcement, revealing plans to lay off…
Shares of Jumia, the e-commerce company focusing on African markets, saw a substantial increase of…
On February 14th, 2024, Luno, a prominent cryptocurrency company, revealed its plan to issue monthly…
Newly launched pan-African B2B marketplace, Zandaux.com, has commenced operations in South Africa as it aims…
Jumia, a leading African e-commerce firm, managed to curtail its operating losses to $4.5 million…
Prominent African e-commerce platform Jumia conducted a round of layoffs within its workforce in Kenya…
Gokada, a prominent Nigerian last-mile delivery company, has transitioned to a more asset-light business model…
Kenyan music distribution platform Mdundo is set to pay an unrivaled $1.5 million in royalties…
Showmax, under its parent company Multichoice, has appointed Emma Gichonge as its first General Manager…
The Pan African Payment and Settlement System (PAPSS) under Afrieximbank has broadened its footprint to…
X, formerly known as Twitter, has announced that it will soon allow advertisers to place…
The Supreme Court of Appeal in South Africa has ordered Vodacom to pay Kenneth Nkosana…
Cisco, the network giant, is planning a business restructuring that will involve thousands of layoffs…
Bitcoin has reached the US$50,000 mark for the first time in over two years, fuelled…