Latest News
Chappal Energies, an emerging player in Nigeria’s energy landscape, has finalized the acquisition of Equinor…
Artificial Intelligence (AI) has evolved into a key player in the global workforce, offering a…
Triggerfish, Africa’s premier animation studio, has partnered with UNESCO to launch The Creator Labs, a…
The Bank of Tanzania (BOT) has launched a new program called a “fintech regulatory sandbox.”…
McKinsey and Company Africa, a subsidiary of the global consulting firm McKinsey & Company Inc.,…
GitLab, a renowned platform for developers and security, has announced the appointment of Bill Staples…
Grok, the AI chatbot service, is now available for free to all X users. Previously,…
Incoming President Donald Trump has appointed former PayPal COO David Sacks as the new “czar”…
US ride-hailing firm Uber Technologies has introduced a new service called “Courier Bakkie” in South…
TikTok has lost its bid to overturn a law that could lead to the platform…
Mediamax-owned People Daily, a 32-year-old Kenyan newspaper, has announced the cessation of its print operations…
Elon Musk’s AI venture, xAI, has made significant headlines by securing an impressive $6 billion…
Yellow Card, a prominent cryptocurrency exchange in Africa, is actively pursuing regulatory approval from Nigeria’s…
Moove, a fintech startup originating from Nigeria, has forged a strategic partnership with Waymo, Alphabet’s…
BUSINESS
Prosus, a technology investor with a customer base exceeding two billion worldwide, reported a profit for the first half of the year. This marks a significant turnaround as the company sold stakes in various online businesses in China and South Africa. For the six months ending on 30 September 2024,…
Phuthi Mahanyele-Dabengwa, the current CEO of Naspers South Africa, will be appointed as an executive director and will serve on the boards of both Naspers, which is listed on the Johannesburg Stock Exchange (JSE), and its subsidiary Prosus, which is listed in Amsterdam. Her appointment to these prestigious positions will…
South Africa’s Minister of Trade, Industry, and Competition is challenging a decision by the nation’s Competition Tribunal that blocked Vodacom Group Ltd.’s R13.2 billion deal to acquire a stake in Remgro Ltd.’s fibre businesses. Parks Tau, who oversees the competition regulators in the country, is seeking to overturn the Tribunal’s…
Senegal-based startup Solarbox Africa, specializing in e-mobility and energy solutions, has successfully closed a US$1 million pre-seed funding round. This funding will enable the company to meet the growing demand for its solar-powered electric vehicles (EVs) in Senegal and the broader West African region. Founded in 2022 by Tijan Watt…
Startup
MaC Venture Capital (VC) has successfully closed its third fund (Fund III), raising $150 million…
Ghanaian retail-tech startup Tendo Technologies has announced a strategic acquisition of its counterpart, Shopa, in…
Young African entrepreneurs are now invited to apply for the 2025 edition of the Anzisha…
Techstars, the renowned global startup accelerator, has abruptly ended its Lagos program, ARM Labs Lagos…
The Federal Ministry of Communications, Innovation & Digital Economy (FMCIDE) and Google have announced the…
Egyptian firm Raya Foods has secured a significant $40 million investment from Helios Investment Partners.…
people
Sam Bankman-Fried, the co-founder of the former cryptocurrency exchange giant FTX, has initiated legal procedures…
Lula, a firm that offers digital financial solutions for small and medium enterprises (SMEs), has…
Flutterwave, currently Africa’s most valuable startup, has announced the appointment of Dipo Fatokun, a former…
Access Holdings has announced Aigboje Aig-Imoukhuede as the non-executive Chairman of the Board of Directors.…
Bode Abifarin, has recently announced her resignation as the chief operating officer (COO) of Flutterwave,…
MTN Group has appointed Ali Monzer to lead its operations in South Sudan as the…
Cryptocurrency
Changpeng Zhao, also known as CZ, has been handed a 4-month prison sentence by a…
Bitcoin analyst Willy Woo has sparked excitement within the cryptocurrency sector, predicting the industry could…
As the cryptocurrency landscape continues to mature in Africa, the Kenyan government has taken a…
The rise of digital assets and blockchains presents opportunities for businesses in the DeFi sector,…
Electronic trading systems have definitely reshaped the way trading investing in the financial markets work,…
Nadeem Anjarwalla, an executive affiliated with the cryptocurrency exchange Binance, who had previously escaped from…