Latest News
Just a few years ago, the metaverse was the next big thing. Tech giants poured…
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…
BUSINESS
Nsano Ltd, a leading pan-African fintech firm, has announced the launch of a regional office in Rwanda, marking a significant expansion of its presence in East Africa. This development comes on the heels of the company receiving approval from the National Bank of Rwanda, which has granted Nsano Payment Aggregation…
Cikü Mugambi has joined DOB Equity, a private equity fund based in the Netherlands that focuses on investments in East Africa, just months after stepping down from her position as CEO of Kobo360, a logistics startup. According to her LinkedIn profile, Mugambi has been with the Dutch family office for…
Silver Box, a company based in the Middle East that specializes in investing in technology products and services, has successfully acquired Mobius Motors Kenya, a struggling automaker that had recently announced plans to shut down. This acquisition comes six months after Mobius faced significant financial difficulties, including unpaid debts, disputes…
Tizeti, a prominent internet service provider in West Africa and a YCombinator-backed company, is making significant strides in expanding its fiber optic network. In a remarkable feat, the company has installed over 150,000 meters of fiber in key urban centers such as Lagos, Port Harcourt, and Accra within just three…
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Startup
Startups are encouraged to apply for the Africa Carbon Removal Accelerator (ACRA), an initiative designed…
The European Investment Bank (EIB) has made a significant announcement regarding its commitment to fostering…
In recent developments, several Ghanaian businesses have reported difficulties due to Bento Africa’s failure to…
The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy supporting young entrepreneurs, has secured a $6…
Egyptian social commerce startup Taager has successfully secured a pre-Series B funding round amounting to…
Ghanaian fintech startup Affinity Africa has successfully raised $8 million in seed funding to further…
people
Eskom, the power utility company, has confirmed the appointment of Dan Marokane as its new…
Co-creation Hub (CcHUB), Africa’s largest innovation center, has appointed Ojoma Ochai as its new Managing…
An Atlanta woman named Barbara Furlow-Smiles has admitted to illegally acquiring more than $4 million…
Elon Musk announced on Thursday that he would consider reinstating Alex Jones on X, almost…
Dan Marokane is reportedly set to take on the role of CEO at Eskom, South…
Jumia, a leading e-commerce platform in Africa, has revealed a significant leadership change with the…
Cryptocurrency
Ethereum, the second-largest cryptocurrency in the world, has been slowly consolidating its position over the…
The Nigerian government detained two executives from the global cryptocurrency exchange Binance, including former US…
Bitcoin continues to show strength as it enters the new week, reaching an unprecedented high…
For the first time in history, the price of Bitcoin surpassed $70,000 on Friday, setting…
The Central Bank of Nigeria (CBN) has forged an official partnership with Gluwa, a leading…
Binance, the world’s leading cryptocurrency exchange, has announced that it will cease all its services…