Latest News
Meta Platforms Inc., the parent company of Facebook, has confirmed layoffs within its Reality Labs…
Meta is making moves again. This time, the Threads web app has officially migrated from…
In a bold move to revamp user experience, Facebook targets spammy content by slashing its…
The World Bank Group has launched the next phase of its Private Sector Investment Lab,…
On May 1, 2025—International Workers’ Day—drivers for Bolt, Uber, and other e-hailing platforms in Lagos…
When the West African Examinations Council (WAEC) recently announced it had banned 574 secondary schools…
The 2025 UTME kicked off today, with over 2 million candidates sitting for Nigeria’s biggest…
When WhatsApp quietly rolled out its new in-app translation feature to some Android beta users…
Flutterwave, Yellow Card, and Onafriq—three of Africa’s most innovative and impactful fintech companies—have joined the…
Elon Musk has declared his intention to significantly reduce his involvement with the Department of…
The European Union has fined Apple and Meta Platforms a combined €700 million (approximately $770…
DeFi Technologies Inc., along with its subsidiaries Valour Inc. and SovFi Inc., has entered into…
OpenAI has indicated it would consider acquiring Google’s Chrome browser if U.S. regulators succeed in…
Google Fi Wireless (formerly Project Fi) has gained popularity among global travelers and digital nomads…
BUSINESS
Ethiopian Airlines Group and the African Development Bank (AfDB) have announced a significant partnership to construct a new airport in Ethiopia, projected to be the largest in Africa, with an estimated cost of $7.8 billion. The parties formalized their collaboration by signing a letter of intent on Friday, as reported…
Paratus Group, a prominent telecommunications and network services provider in Africa, has announced a strategic partnership with Tanzania’s Green Telecom to establish Paratus Tanzania. This development comes just four months after the company launched its operations in Kenya, marking a significant milestone in its ongoing expansion efforts across East Africa.…
Fintech Moniepoint has announced an exciting expansion of its flagship “Women in Tech” initiative, now entering its fifth year. This program aims to empower women in Africa by increasing the number of internship opportunities from 10 to 15, thereby enabling more women to gain valuable hands-on experience in the technology…
Telkom Kenya has successfully secured a $4.4 million grant aimed at developing Open Radio Access Network (Open RAN) technology, with contributions of $3 million from Rakuten Symphony and $1.4 million from Airspan Networks. This strategic investment is designed to enhance mobile connectivity, reduce infrastructure costs, and promote flexible network architectures…
Startup
The Private Infrastructure Development Group (PIDG) and EDFI Management Company, through the Electrification Financing Initiative…
Kholo Capital Mezzanine Debt Fund I, under the management of Kholo Capital, has successfully reached…
Capi Money, an innovative platform aimed at helping businesses throughout Africa facilitate payments to their…
RapidDeploy, a pioneering company founded in South Africa, has made significant strides in the realm…
Zydii, a prominent digital workforce platform, has announced an exciting collaboration with Venture for Africa…
After three years of operation, Edukoya, a once-promising edtech startup in Nigeria, has formally closed,…
people
There are reports that a helicopter carrying Herbert Wigwe, the Group Managing Director and Chief…
Middle East and Africa’s leading card and payment processing enterprise, MDP, has appointed Frank Molla…
Adam Neumann, co-founder of WeWork, is reported to be making moves to acquire the company…
Dr. Bosun Tijani, Nigeria’s current Minister of Communications, Innovation and Digital Economy has been appointed…
Kippa, a fintech startup backed by Target Global, saw the departure of its co-founder and…
Phumzile Mlambo-Ngcuka, former deputy president of South Africa, has been named an independent non-executive director…
Cryptocurrency
Bitcoin, the world’s most popular cryptocurrency, is gearing up for a critical event this April…
Sam Bankman-Fried, the co-founder of the former cryptocurrency exchange giant FTX, has initiated legal procedures…
Luno, a firm specializing in cryptocurrency, has been granted a license by the South African…
Binance executive, Tigran Gambaryan, was detained and faced charges of money laundering presented to him…
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…