Latest News
Four innovative African startups have emerged as the grand winners of the NBA Africa’s Triple-Double…
AMAKA Studio has successfully raised $2 million in seed funding, marking a major milestone in…
Lesaka Technologies, a fintech firm listed on the Nasdaq, has successfully finalized the purchase of…
MultiChoice Kenya has announced an impending price adjustment for its DStv subscriptions, with increases of…
inDrive has broadened its service offerings throughout Zimbabwe, now operating its ride-hailing services in four…
Mastercard and Amazon Payment Services have forged a strategic alliance aimed at bolstering the infrastructure…
The National Identity Management Commission (NIMC) has announced that it will no longer allow data…
Nigerian agritech startup Winich Farms has secured $3 million in pre-Series A funding to further…
OpenAI, the creator of ChatGPT, has just completed an unprecedented venture capital funding round. The…
The Independent Communications Authority of South Africa (ICASA) has taken decisive action against StarSAT, a…
Kenya is making a bold move to attract digital nomads and boost tourism with the…
TECNO, a major player in Africa’s smartphone market, has launched an ambitious AI-powered ecosystem in…
The French media conglomerate Canal+ has emerged from a period of quiet maneuvering to make…
The Lagos State government has announced a substantial €120 million ($132 million) investment from the…
BUSINESS
Mastercard and Amazon Payment Services have forged a strategic alliance aimed at bolstering the infrastructure for digital payments across the Middle East and Africa, with a particular focus on countries such as Egypt and South Africa. This collaboration grants Amazon Payment Services access to Mastercard’s Gateway, a comprehensive payment processing…
OpenAI, the creator of ChatGPT, has just completed an unprecedented venture capital funding round. The company has declared that it secured $6.6 billion in investments, resulting in a post-money valuation of $157 billion. Thrive Capital, a returning investor, spearheaded the round, which has elevated OpenAI’s total funding to $17.9 billion,…
The French media conglomerate Canal+ has emerged from a period of quiet maneuvering to make significant strides towards the full acquisition of South Africa’s broadcasting giant, MultiChoice, in a landmark R30 billion transaction. Canal+ has been strategically increasing its stake in MultiChoice over time, and by May 2024, it had…
Littlefish, an innovative fintech startup based in South Africa, has successfully completed its seed funding round, spearheaded by TLcom Capital with Flourish Ventures participating as a co-investor. This funding round marks TLcom Capital’s inaugural investment in South Africa, signaling the firm’s strategic expansion into the southern African market after primarily…
Startup
TLcom Capital, a prominent venture capital firm with a focus on Africa, is set to…
FSDAi Nyala Facility BV, an entity created by FSD Africa Investments, has declared a significant…
The Senegalese fintech startup Rubyx has secured a loan of EUR400,000 (approximately US$440,000) from Proparco,…
The venture capital firm Launch Africa Ventures, known for its focus on early-stage investments, has…
Thepeer, a fintech startup founded in 2021, concluded its operations in April 2024 and has…
African insurtech startups are presented with an opportunity to secure funding ranging from $100,000 to…
people
Former Vice President Al Gore will step down from the Apple board in February after…
Akshay Grover, the Group CEO of Cellulant, a leading African payment company, will step down…
Airtel Africa plc, a leading telecommunications and mobile money company, has officially communicated the retirement…
Nearly a year after billionaire Jack Ma pledged to relinquish his hold on Ant Group…
Trevor Milton, the former CEO and disgraced founder of the electric truck startup, Nikola, was…
Dozy Mmuobosi, also known as Mmobuosi Odogwu Banye, has been charged by the United States…
Cryptocurrency
The ongoing saga between Nigeria and cryptocurrency exchange Binance took a new turn this week…
The ongoing saga between Nigeria and cryptocurrency exchange Binance reaches a new chapter as Nigerian…
Two senior executives from Binance, the world’s largest cryptocurrency exchange, have taken legal action against…
Sam Bankman-Fried, once hailed as a visionary entrepreneur in the cryptocurrency world, has been sentenced…
The cryptocurrency exchange KuCoin, renowned for its global presence, has found itself entangled in legal…
Worldcoin, the controversial crypto biometrics venture, is now banned from nearly all of Europe with…