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MultiChoice Africa Holdings (MAH), a leading provider of entertainment and educational content across the continent,…
The publicly traded South African consumer internet conglomerate Naspers, along with its international internet assets…
Zeepay, fresh off a $3 million equity investment from Verdant Capital Hybrid Fund, has secured…
AfriLabs, a prominent network organization dedicated to fostering innovation and entrepreneurship in Africa, has joined…
d.light, a company dedicated to delivering vital household products and financing to communities with limited…
Accion, a non-profit organization dedicated to enhancing financial access, has unveiled the Accion Digital Transformation…
Two prominent Ethiopian enterprises, D!NK Multimedia and Gebeya Inc, have recently unveiled a strategic alliance…
TikTok, the social media giant renowned for its short-form video content, is testing the waters…
Internet services across East Africa are back online after a four-day outage triggered by damage…
The recent suspension of Nigeria’s cybersecurity levy has sparked a nationwide conversation about the best…
Flutterwave, Africa’s renowned fintech unicorn, has confirmed a security breach that resulted in the unauthorised…
In the fast-paced world of product development, companies often find themselves navigating a landscape filled…
Netflix has announced a significant milestone in its subscription offerings, revealing that the number of…
In a groundbreaking move set to transform cross-border payments in Africa, TBD, a subsidiary of…
BUSINESS
Shares of Jumia, the e-commerce company focusing on African markets, saw a substantial increase of 41.18%, closing at $4.56 on Thursday following the release of their Q4 2023 financial results, which were well-received by the stock market. The company managed to reduce its operating loss to $4.5 million in the…
On February 14th, 2024, Luno, a prominent cryptocurrency company, revealed its plan to issue monthly proof-of-reserves reports. The move is designed to assure customers that their funds are being securely held. To improve the transparency of reporting, Luno will team up with Moore Johannesburg, a South African business and accounting…
Newly launched pan-African B2B marketplace, Zandaux.com, has commenced operations in South Africa as it aims to become the “Alibaba of Africa”. The e-commerce platform connects buyers and sellers across the continent adopting a “one Africa, one market” approach and allows businesses across all sectors to offer their services and products…
Jumia, a leading African e-commerce firm, managed to curtail its operating losses to $4.5 million by Q4 in 2023, owing to several significant strategic adjustments. Despite these changes, the company’s profitability is still under scrutiny. Amid these adjustments, Jumia took the challenging decision to discontinue Jumia Food due to the…
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Sharing financial data via APIs and data-driven value-added product analysis in Africa is becoming increasingly…
The Acumen Resilient Agriculture Fund (ARAF) has closed a $58 million impact fund which is…
The fashion industry in Nigeria plays an important cultural role and contributes significantly to the…
Despite the proliferation of shopping malls and the rise of venture capital-based e-commerce companies such…
Ecobank group is inviting African Fintech entrepreneurs to join the 4th edition of the Ecobank…
Startups in Africa are growing and raising funds at an alarming rate. So their cap…
people
Lagos-based co-working space Capital Square has announced it would be holding its DEMO Day next…
Google has just launched today the ‘Family Store’, a special section for children and parents in the…
Indications have emerged that Nigeria’s outgoing president Goodluck Jonathan secretly awarded $1bn worth spectrum to…
Nigerian rapper M.I (real name Judea Abaga) has announced he would be releasing an album…
Chinese electronics giant, Xiaomi is set to make its U.S. launch this Monday with the…
Opera Software has officially launched Opera Max which it said offers users data savings and…