Latest News
Shyft Power Solutions, a pioneering Nigerian company specializing in digital energy solutions, has been acquired…
Telkom has decided to halt the sale of its wholesale and network division, Openserve, indicating…
In a bid to strengthen global partnerships, the Africa Finance Corporation (AFC) has closed a…
Andela and the Cloud Native Computing Foundation (CNCF) have unveiled a groundbreaking partnership to train…
MultiChoice is set to finalize the sale of a 60% stake in its insurance business,…
Telecommunications company Telkom has reported a 1.9% increase in revenue, reaching R21.3 billion, with notable…
Ten promising startups have been selected to compete in the African final of the Latitude59…
Egyptian supply chain technology startup Qara has successfully raised $2.6 million in a funding round…
Orange Egypt is making significant strides in Africa’s startup landscape with a substantial investment of…
In July 2023, the world was seemingly split in half with the launch of Meta’s…
During the quarter ending September 30, MTN Group made significant strides in its localisation initiatives.…
MTN Nigeria has announced the appointment of Yahaya Ibrahim as its new Chief Technical Officer…
Kenya has taken a significant step forward in building a responsible and inclusive artificial intelligence…
Incofin, through its Water Access Acceleration Fund (W2AF), has announced a significant $3 million investment…
BUSINESS
During the quarter ending September 30, MTN Group made significant strides in its localisation initiatives. As Africa’s largest telecom services provider, the company has been expanding its local shareholder base across several of its operational companies, with notable progress in Nigeria, Ghana, and Uganda. Headquartered in Johannesburg, the telecom giant…
MTN Nigeria has announced the appointment of Yahaya Ibrahim as its new Chief Technical Officer (CTO) and Onyinye Ikenna-Emeka as Chief Marketing Officer (CMO), effective Monday, October 14, 2024. Yahaya Ibrahim, who has been with MTN since 2002, has been instrumental in deploying Nigeria’s first 4G and 5G networks, establishing…
MTN Nigeria, the country’s largest mobile network operator, has successfully raised ₦75 billion through its commercial paper issuance program. The funds will be utilized to support daily operations and meet immediate financial obligations. This marks the conclusion of the Series 11 and 12 issuances under MTN Nigeria’s ₦250 billion Commercial…
Volkswagen Group (VW) and Tesla rival Rivian have announced the formation of a joint venture, with the German automotive giant increasing its investment in the partnership. Initially, VW had pledged $5 billion, but the deal’s value has now risen to $5.8 billion (£4.55 billion). Following the announcement, shares in Rivian,…
Startup
Egyptian startup Tafweela, which aims to revolutionize the vehicle payments ecosystem through its innovative end-to-end…
Nigerian wealth management startup, Bamboo, has introduced a new fee-free remittances application named “Coins By…
In an effort to further accelerate Africa’s burgeoning tech ecosystem, Google has unveiled its latest…
Egypt’s Information Technology Industry Development Agency (ITIDA) and venture capital firm Flat6Labs have launched the…
Egyptian interior design startup Efreshli has successfully raised a seed round of funding aimed at…
Bootstrap Europe, a EUR250 million (US$270 million) growth debt fund that has already provided over…
people
Nigerian authorities have dropped all charges against Tigran Gambaryan, an executive at Binance, allowing him…
OpenAI has recently appointed its inaugural chief economist, Aaron Chatterji, who brings a wealth of…
MTN Nigeria’s CEO, Karl Toriola, has emphasized the critical need for the telecommunications industry to…
Mira Murati, who previously held the position of Chief Technology Officer at OpenAI, made headlines…
In a detailed LinkedIn statement dated Thursday, October 17, 2024, Dr. Abasi Ene-Obong, the co-founder…
JPMorgan Chase & Co. recognized as the world’s largest bank, has announced the appointment of…
Cryptocurrency
The Nigerian Federal Government has successfully retrieved a total of ₦160 million from two domestic…
The Kenya Revenue Authority (KRA) is set to implement a new real-time tax system designed…
The South African Revenue Service (SARS) has declared that it will be incorporating crypto assets…
Luno, a prominent cryptocurrency exchange, has significantly broadened its payment support within South Africa by…
The United Arab Emirates (UAE) is reinforcing its role as a leading crypto-friendly jurisdiction by…
As Hamster Kombat continues to gain momentum, the developers have officially taken the Season 1…