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In an assertive move to tackle fraudulent activities, Wema Bank, recognized as one of Nigeria’s…
The Kenyan government is intensifying its regulatory efforts targeting TikTok by requiring the popular video-sharing…
Ster-Kinekor, the prominent cinema chain, is poised to undertake significant downsizing by dismissing nearly a…
In a strategic move to reinforce its management cadre, Cellulant, a key player in the…
Amazon’s U.S. website currently claims the title of the third most frequented e-commerce destination among…
Spatialedge, a South African company specializing in AI-powered software, has secured an investment of R60…
MarketForce, a startup established in Kenya in 2018 specializing in sales force automation software, has…
While the Nigeria Startup Act’s potential to revitalise the tech sector is undeniable, its ability…
Logitech’s new “Logi AI Prompt Builder” software, paired with the AI Edition of its M750…
The Namibian Ministry of Information and Communication Technology has issued a stark warning: unregistered SIM…
Tigo Tanzania has made history as the first telecom operator in the country to launch…
MTN Group and Huawei have officially launched the Technology Innovation Lab at MTN Group’s headquarters,…
Astra Energy and Powertron Global, two US-based proponents of clean energy, have recently united to…
The European Investment Bank (EIB) in collaboration with the Bank of Kigali, has embarked on…
BUSINESS
The Reserve Bank of Zimbabwe, being the nation’s financial authority, shared in a recent press release that they anticipate online payment platforms to resume smooth processing of transactions by Friday, April 12, 2024. This comes as the country is transitioning to a new currency, the Zimbabwe Gold (ZiG). In addition,…
In a fraudulent currency exchange transaction, MultiChoice Nigeria allegedly incurred a loss of ₦7.9 billion which was about $16.23 million in 2021, as revealed by a legal document. It is stated that MultiChoice will recoup the aforementioned sum inclusive of interest. As reported by Premium Times, the dubious transaction involved…
Zuri, a Pan-African beauty startup, has received its initial institutional tech investment from Launch Africa Ventures. The investment follows a period of notable growth for Zuri, driven by the company’s vision and leadership. Zuri, a Black-owned enterprise, focuses on the design, manufacture, and distribution of hair products, cosmetics, and services…
MultiChoice Group has notified its shareholders of a “cooperation agreement” with French media powerhouse Canal+. This collaboration is centred on a mandatory offer that Canal+ is required to make under regulations following its acquisition of over 35% equity in MultiChoice in 2024. The latest news indicates Canal+, owned by Vivendi,…
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Startup
Kenzz, an Egyptian mass e-commerce startup raised $3.5 million in a Seed fundraise led by…
Moko Home + Living, a Kenyan furniture startup, has raised $6.5 million for expansion in…
Egypt’s fintech, Telda has raised $20 million in a seed funding round led by Global…
TLcom Capital, the Africa-focussed venture capital firm, has officially announced the launch of its fourth…
Egypt’s delivery management solution Roboost has secured a six-figure Seed round from Falak Startups, AUC…
Egypt’s SaaS startup, Glamera, has secured $1.3 million in a seed fund round led by…
people
One of the big developments in the tech space this week was the announcement by…
Early this week, we reported that Ex-Xiaomi VP, Hugo Barra was leaving the Chinese-based company to…
About four years ago, Lei Jun (CEO) and Bin Lin (Founder and President) of Xiaomi decided to turn…
The Board of Directors, Wema Bank Plc. has appointed Ademola Adebise as the Deputy Managing…
Nigeria’s payments company and operator of Remita, SystemSpecs, has appointed Mr. David Arome Okeme as its new Chief…
Barack Obama has over his 8 years of being in office, proved he is the…