Latest News
Egyptian B2B medtech platform i’SUPPLY has secured $3 million in Sharia-compliant revenue-based revolving financing from…
African startups raised a total of $343 million in April 2025 across 39 publicly disclosed…
OpenAI has reversed course on a major restructuring plan, choosing to maintain nonprofit control over…
About a year ago, Microsoft launched a groundbreaking new class of devices — Copilot+ PCs…
The Nigerian Postal Service (NIPOST) is undergoing a sweeping transformation designed to reposition it as…
Ethiopian Airlines is taking a bold leap into the future of aviation by partnering with…
Airtel Africa is taking bold strides to revolutionize internet access across the continent through a…
US President Donald Trump has caught the global film industry off guard by announcing plans…
In a country where many of us grew up with the quiet comfort of clinic…
Imagine waking up one morning to find your phone completely useless—no calls, no texts, no…
Most of us have spent years building a digital life — accounts, emails, passwords, photos,…
Bolt is taking a bold step to improve road safety in South Africa by launching…
When a private fintech company steps in to do what entire state ministries of education…
Starlink, the satellite internet service developed by Elon Musk’s SpaceX, is now officially available in…
BUSINESS
Elon Musk’s artificial intelligence company, xAI, has made a significant move by acquiring Hotshot, a startup specializing in AI-powered video generation tools similar to OpenAI’s Sora. The announcement was made by Aakash Sastry, the CEO and co-founder of Hotshot, in a post on X (formerly Twitter) on Monday. In his…
Emirati state-owned investment firm MGX has announced a groundbreaking $2 billion investment in Binance, marking the cryptocurrency exchange’s first institutional investment and the largest single investment ever made in cryptocurrency. This significant move highlights the growing interest in the digital asset space and the potential of blockchain technology. In a…
MTN Nigeria has experienced a significant shift in its financial standing, losing its title as the highest-earning subsidiary within the MTN Group for the first time since 2019. In 2024, the Nigerian unit reported a post-tax loss of ₦400.4 billion (approximately $260.2 million), which has resulted in a notable decline…
Sycamore, a prominent Nigerian digital lender managing assets worth ₦10 billion, has recently obtained a fund manager license from the Securities and Exchange Commission (SEC). This strategic move marks a significant expansion beyond its primary lending operations, as the company aims to capitalize on the increasing demand for accessible investment…
Startup
AI startup Anthropic announced on Monday that it has successfully raised $3.5 billion in its…
FMO, the Dutch development bank dedicated to fostering entrepreneurial growth, has launched a groundbreaking $4…
The International Finance Corporation (IFC) has made a significant commitment of up to $6 million…
South African AgriTech startup Khula has successfully secured a remarkable R126 million in funding from…
Three Francophone African startups have emerged as winners in the latest edition of the Orange…
The Private Infrastructure Development Group (PIDG) and EDFI Management Company, through the Electrification Financing Initiative…
people
Cell C, a mobile operator, has officially assigned El Kope as its chief financial officer…
Flutterwave, the most valuable startup in Africa, has appointed Olajumoke Adenowo, a Nigerian architect, to…
OpenAI CEO Sam Altman is positioned to earn millions following Reddit’s forthcoming initial public offering…
On his resignation date set for 31st March 2024, Stephen van Coller will vacate his…
The Supreme Court of Appeal in South Africa has ordered Vodacom to pay Kenneth Nkosana…
Access Holdings has announced Bolaji Agbede as acting Group Chief Executive Officer (GCEO) after the…
Cryptocurrency
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…
IvoryPay, a pioneering company in the blockchain-powered payment and remittance sector, has forged a significant…
The highly anticipated fourth Bitcoin halving event took place on Friday, April 19th, 2024. But…
AltCoinTrader, a prominent cryptocurrency exchange based in South Africa, has recently achieved a significant regulatory…