Latest News
As Hamster Kombat continues to gain momentum, the developers have officially taken the Season 1…
Hamster Kombat, a Telegram-based tap-to-earn game, is taking the internet by storm, rapidly gaining a…
The Coca-Cola System in Nigeria, which includes Coca-Cola Nigeria Limited and its bottling partner, Nigerian…
The Athar Accelerator, based in Egypt, has recently celebrated the successful completion of its fifth…
The International Finance Corporation (IFC) has announced a new financing initiative for three subsidiaries of…
The Moroccan-based startup Userguest, known for its innovative platform that assists hotels in maximizing their…
Between the years 2020 and 2022, Ecobank Kenya experienced significant financial losses amounting to millions…
The Federal Ministry of Youth Development has entered into a partnership with the Nigeria Data…
Foodpreneurs Hub, a pioneering foodtech platform founded in Nigeria, has successfully secured $500,000 in pre-seed…
Farid, an emerging edtech startup based in Egypt, has successfully secured a pre-seed investment of…
Uncap, a venture capital enterprise with headquarters in Munich and Nairobi, has recently unveiled a…
The Central Bank of Nigeria (CBN) has reaffirmed its stance on enforcing the controversial 0.005%…
YouTube has introduced a new feature called Hype, designed to help emerging creators gain traction…
SETTLE, an Egypt-based B2B payment platform, has raised $2 million in a pre-seed funding round…
BUSINESS
The Republic of Guinea is making strides to fast-track the development of its e-commerce sector by exploring a strategic partnership with the United Nations Conference on Trade and Development (UNCTAD). This initiative reflects Guinea’s commitment to leveraging global expertise to unlock the potential of its growing digital economy. Discussions around…
On Monday, June 10, the stock price of Jumia, the prominent e-commerce platform in Africa, experienced a significant surge, reaching $8.67. This uptick is part of a surprising upward trend that began following the market’s favorable reception to the company’s financial outcomes for the first quarter of 2024. This price…
Microsoft has refuted rumors that it plans to shut down its Nigerian operations, following last month’s speculations that the tech giant was contemplating closing its Lagos innovation center due to concerns over the country’s business climate. The rumored shutdown was believed to potentially impact around 200 employees. Olatomiwa Williams, Microsoft’s…
The South African branch of the multinational mobile telecommunications company, MTN, and the global technology firm, Huawei, have formalized an agreement to collaborate strategically on the development of Net5.5G technology. This agreement was solidified through the signing of a memorandum of understanding (MOU), which signifies a mutual commitment to work…
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Startup
Morocco-based B2B e-commerce and fintech startup, Chari has secured $1.5 million from Verod-Kepple Africa Ventures…
Zeepay, the Ghanaian fintech startup, has revealed plans to launch its mobile money service in…
In today’s digital age, the success of any business, especially startups, hinges on its ability…
Cape Town-based accelerator Grindstone Ventures and the Anglo-American Foundation (AAF) are in search of 15 tech-enabled and…
Two years ago, a messaging app startup called IRL reached a $1.2 billion valuation in a $170…
African cities are growing at a rapid pace. So too are their environmental footprint. And…
people
Elo Umeh, the CEO of Terragon Group, emerged as one of “The Best & Brightest EMBAs…
Divorce and African celebs are fast becoming joined together just like the meme of President…
I woke up this morning and as usual, I went on Twitter to know the…
Muhammed Ali, who passed away on June 3 2016 at the age of 74, was…
The world woke up to the news that Muhammed Ali had passed on. The great…
Agility, a major integrated logistics company, today launched its Africa 2016 Photo Competition, an effort…