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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, Onafriq Partner with Circle to Enable Stablecoin Payments Across Africa
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…
Nairobi Securities Exchange partners with private firms to design and launch Kenya Digital Exchange
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…
Meta has officially launched Edits, a powerful, all-in-one mobile video editing app aimed at giving…
IZI Electric Unveils Impala E30: Africa’s First Electric Coach with 10-Year Battery Warranty
IZI Electric has unveiled the Impala E30, a 30-seater electric coach engineered specifically for Africa’s…
MEST Africa and Mastercard Foundation Unveil 12 Startups for 2025 EdTech Fellowship in Ghana
MEST Africa, in collaboration with the Mastercard Foundation, has announced the second cohort of 12…
May Day Strike: 5,000 Ride-Hailing Drivers to Protest Against Bolt, Uber, others in Lagos
Ride-Hailing drivers in Lagos, operating under the Amalgamated Union of App-Based Transporters of Nigeria (AUATON),…
PRODUCTS
BUSINESS
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…
Nigerian food delivery startup Chowdeck has announced a significant reduction in its contract workforce, cutting it by 68% as part of a strategic initiative to streamline operations and enhance efficiency. Despite experiencing rapid growth over the past year, the company clarifies that these layoffs are not indicative of financial difficulties…
Adenia Partners, a private equity firm focused on Africa, has announced the appointment of Franck Falézan to the investment committee of both Adenia Capital IV and its latest flagship fund, Adenia Capital V, which has recently been oversubscribed. Franck Falézan brings a wealth of experience to his new role. As…
Standard Bank, recognized as the largest bank in Africa by assets, is preparing to host its inaugural African Markets Conference (AMC) in Cape Town later this month. This event marks a significant milestone in the bank’s efforts to enhance integration and facilitate smoother business operations across the continent. Luvuyo Masinda,…
Sponsored
Startup
Nigeria-based cross-border remittance company Raenest, which offers multicurrency accounts for freelancers and businesses, has successfully…
US-based fintech startup Hurupay has made a significant advancement by launching the first stablecoin-based virtual…
Nigerian HR tech firm Bento has temporarily ceased operations amid allegations of tax and pension…
Morocco-based ToumAI, an innovative company specializing in artificial intelligence technology, has successfully secured EUR 1…
P1 Ventures, an early-stage venture capital firm, has successfully closed its inaugural institutional fund, raising…
LNKO secures strategic investment from Beltone Venture Capital to accelerate expansion across Africa
LNKO, a Moroccan-based startup and a rapidly growing direct-to-consumer (D2C) eyewear brand, has recently secured…
people
With Elon Musk at the helm, X, which is already financially unstable, may be on…
Nedbank has appointed Absa financial director Jason Quinn as its new chief executive, replacing Mike…
Cruise, the self-driving car company owned by General Motors, confirmed that its co-founder and chief…
A few days after Cruise, General Motors’ embattled driverless car unit, recently announced that it will…
OpenAI, the creator of ChatGPT, has appointed former Twitch executive Emmett Shear as its interim…
South Africa’s biggest company by revenue, Sasol, has announced the appointment of Simon Baloyi as…
Cryptocurrency
Bitcoin-oriented payments platform, Strike, has announced its plan to extend its services to Nigeria and…
Binance hit with $10 Billion Fine by Nigerian government Amid Forex Crisis Allegations
In a major development, the Nigerian government has levied a hefty $10 billion fine on…
In response to escalating regulatory scrutiny in Nigeria’s cryptocurrency landscape, Binance, a leading global cryptocurrency…
Following a series of preliminary and unverified reports, the Financial Times has now definitively confirmed…
Bitcoin continued to enjoy a significant rally on Wednesday, exceeding $60,000 for the first time…
Bitcoin’s price surged above $54,000 on Monday, waking from a week of subdued trading. The…