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Seacom, a provider of telecommunications and subsea cable, is facing a disruption in the Red…
Recent data released by the Nigerian Communications Commission (NCC) underscores the growing adoption of 5G…
AI-Generated Fake News Websites Surge to 713 in February 2024, Warns NewsGuard Report
In its latest report, NewsGuard, a platform committed to combating misinformation, has unveiled a startling…
United Nations Economic Commission for Africa (ECA) and Botswana Strengthen Digital Transformation
The United Nations Economic Commission for Africa (ECA) in partnership with the Botswana Ministry of…
Mastercard and Awash Bank announce collaboration to introduce improved payment solutions in Ethiopia
Mastercard and Awash Bank, a leading commercial bank in Ethiopia, have disclosed a newly planned…
X is gradually initiating the roll-out of audio and video calling features to users who…
President Lazarus Chakwera of Malawi has made a significant announcement regarding a breach in the…
The University of Johannesburg (UJ) has been awarded an over R8.1 million ($417,435.49) grant from…
Telecommunication companies Airtel Gabon and Moov Africa Gabon Telecom have announced plans to expand radio…
ADQ Unveils $35 Billion Investment Plan to Transform Ras El-Hekma into a Premier Mediterranean Destination
Abu Dhabi-based ADQ, a prominent investment and holding company, recently revealed an ambitious investment plan…
Here are the Tech Tycoons Investing $675 Million in Figure AI, a Humanoid Robot Startup
A notable cohort of tech magnates, including billionaire Jeff Bezos and Nvidia, has plunged into…
Uber Technologies Inc., the US ride-hailing giant, is currently in negotiations to invest in African…
In 2023, the Nigerian Deposit Insurance Corporation (NDIC) compensated some customers of the 132 microfinance…
Ford has suspended deliveries of its all-electrical F-150 Lightning pickups and has been subjecting them…
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BUSINESS
In a significant win for Apple, an appeals court temporarily lifted an import ban on Wednesday, allowing the company to sell the latest Apple Watches. Apple stated that the Apple Watch Series 9 and Ultra 2 models would be available in Apple stores from Wednesday and online starting Thursday. An…
Data from Stats SA reveals that in November, 144 businesses ceased operating, bringing the total to over 1,500 companies that have closed in 2023. Stats SA indicated that out of the total, 131 businesses chose to close down voluntarily, while 13 were obliged to. This implies that since the beginning…
Following a challenging year, the electric scooter company, Bird, previously assessed at a value of $2.5 billion by investors, has declared Chapter 11 bankruptcy. In a press release, Bird confirmed that it had entered into a “financial restructuring process aimed at strengthening its balance sheet,” with the company continuing to operate…
Multinational companies face unprecedented challenges leading to mass exodus from Nigeria in 2023
The business landscape in Nigeria encountered substantial adversity throughout 2023, emerging as one of the most challenging periods for both local and multinational enterprises. A confluence of factors, notably the uncertainties associated with an election year and an artificial cash scarcity, set the tone for a tumultuous year, creating an…
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Startup
Digital home loan start-up Mortgage Market which plans to disrupt the home loan market by…
Minute5 has moved to the AWS cloud computing platform, expanding its offering for consumers and boosting sales for small scale producers
The 2020 Partech Africa report is finally out! The largest Venture Capital (VC) fund dedicated…
Mineworkers Investment Company (MIC) teams up with early-stage investment firm to help African start-ups navigate second-round funding challenges.
Egypt-based health tech startup, Dileny Technologies LLC (DilenyTech) that develops AI and medical imaging solutions to improve…
Applications for the University of Cape Town GSB Solution Space 2021 E-Track Startup Accelerator programme are now…
people
John Muthee, formerly with GfK, joins GeoPoll to lead client services and business development alongside…
P-Square collaborates with T.I in a new track – Ejeajo This new video “Ejeajo” is…
Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG), has…
It all started with Pete Frates who posted a video of him doing his own…
The Board of United Bank for Africa Plc (UBA) yesterday announced the appointment of Mr.…
The Infinix Zero x506 was launched today at the Protea Hotels, Ikeja, Lagos. The event…