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In a fraudulent currency exchange transaction, MultiChoice Nigeria allegedly incurred a loss of ₦7.9 billion…
Binance executive, Tigran Gambaryan, was detained and faced charges of money laundering presented to him…
Google has started rolling out the upgraded Find My Device network globally, starting with US…
In a groundbreaking union of iconic brands, The Walt Disney Company and Coca-Cola have joined…
Elon Musk’s social media platform, X, began offering users free premium features, including “blue checks”…
Zuri, a Pan-African beauty startup, has received its initial institutional tech investment from Launch Africa…
MultiChoice Group has notified its shareholders of a “cooperation agreement” with French media powerhouse Canal+.…
The “funding winter” that has been impacting tech startups in Africa and worldwide shows no…
Applications are now open for the Africa Tech Startup Forum, an acceleration programme aimed at…
Mastercard in partnership with Women Choice – an international organization devoted to promoting women’s individual…
The Nigerian Exchange Group (NGX), previously known as the Nigerian Stock Exchange, has acquired an…
Kenya has introduced a draft of its National E-mobility Policy aiming to promote domestic production…
The Commercial Bank of Ethiopia (CBE) has taken an unorthodox approach towards its customers who…
The Federal Government of Nigeria has revealed plans to introduce a payment-integrated ID card. This…
BUSINESS
Adam Neumann, co-founder of WeWork, is reported to be making moves to acquire the company out of bankruptcy, according to various reports. A letter published by The New York Times today, written by lawyers representing Neumann, his latest venture Flow Global Holdings LLC, and their associates, expressed disappointment with WeWork’s…
Yandex NV, often dubbed as Russia’s equivalent to Google, has agreed to a 475 billion-rouble ($5.21 billion) sale to a consortium of Russian investors. This represents the largest corporate retreat from the country following Moscow’s invasion of Ukraine nearly two years ago. The deal, backed by the Kremlin, would result…
Telecommunications giants MTN Nigeria and Globacom (Glo) have concluded a 15-year-long disagreement over interconnection fees. MTN has agreed to accept ₦2 billion to resolve the interest payment, rather than the initially demanded ₦3 billion, according to a source familiar with the negotiations. The core interconnection debt had already been resolved.…
DocuSign has announced it will lay off approximately 400 employees, equating to 6% of its workforce. The company stated in an SEC filing that the cuts are part of a “restructuring plan,” impacting primarily its sales and marketing teams and projected to cost between $28 and $32 million for severance…
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MarketForce, a Kenyan B2B retail end-to-end marketplace, has raised $2 million pre-Series A funding round.…
Cape Town-based startup, iNNOHEALTH has announced an undisclosed seven-figure investment from a Hong Kong-based VC and this…
Y Combinator has announced the startups that will participate in its summer 2021 batch, and…
Founders Factory Africa (FFA), a venture development and investment company based in Johannesburg, South Africa, has announced it…
As more South Africans work from home, shop online and the economy shifts to digital…
Nigerian event ticketing platform, Tix.Africa, has secured a six-figure pre seed funding. The funding round…
people
One of Nigeria’s major telecoms company Etisalat has launched a Data Centre in Abuja with…
One of Nigeria’s ecommerce heavyweights, Konga.com, has announced it will be holding its first Big…
EMC Corporation (NYSE:EMC) today announced the release of Project CoprHD (“copperhead”), an open source version…
Africa is currently in the midst of a “youth bulge” and a majority of the…
Orange is launching the call for applications for the 5th edition of the Orange African…
Accra-based MEST Incubator has announced it is expanding into the startup community in Kenya and…