Latest News
Elon Musk’s X has entered the streaming wars and is determined to position X as…
SPAR South Africa has announced the sale of its Polish operations for 40 million Polish…
The Competition Tribunal of South Africa has given the green light for Telkom’s divestiture of…
The Democratic Republic of Congo has terminated a substantial $1.2 billion initiative aimed at establishing…
ChitChat, a social commerce platform hailing from Zambia, has recently announced a strategic collaboration with…
MTN Cameroon, which operates under the umbrella of the MTN Group based in South Africa,…
Safe Superintelligence (SSI), a new AI-focused startup co-founded by former OpenAI chief scientist Ilya Sutskever,…
Fintech startup, Fido, has secured an additional $20 million to bring its total Series B…
Shoprite, South Africa’s premier retail giant, is set to divest its furniture division to Pepkor,…
MTN Group CEO Ralph Mupita has taken proactive steps to address employee concerns in the…
MTN is currently facing significant internal challenges, including disputes among its top executives and a…
Airtel Nigeria Telesonic Limited, the fiber service division of Airtel Nigeria, has secured three pivotal…
Ed-tech innovator Esoma Solutions is revolutionizing the K-12 educational landscape by providing digital learning tools,…
Logidoo, a logistics company committed to enhancing trade throughout Africa, has introduced Afridoo, an innovative…
BUSINESS
Ralph Mupita, the Chief Executive Officer of MTN, has been exonerated from accusations of favoritism towards an unidentified female executive following a thorough inquiry by an autonomous legal firm. The allegations of misconduct, which were initially brought forth by an unnamed whistleblower, gained significant media attention earlier in the week.…
Flutterwave, a prominent player in the African payment sector, has recently announced the appointment of Mitesh Popat as the new Chief Financial Officer (CFO). This strategic move comes nine months after the departure of the company’s previous CFO, Oneal Bhambani. Before joining Flutterwave, Mitesh Popat held several high-ranking positions at…
The South African organization WomHub, which champions female empowerment, has joined forces with the Visa Foundation to introduce the ‘STEM is Everywhere’ programme. This initiative is specifically tailored to nurture and bolster early-stage female entrepreneurs operating in STEM-related fields, including Science, Technology, Engineering, and Mining and Manufacturing. As a prominent…
SPAR South Africa has announced the sale of its Polish operations for 40 million Polish zloty (approximately R185 million) as a strategic move within its broader turnaround plan. However, the divestiture comes with the condition that SPAR will inject R2.7 billion into the business to recapitalize it. The buyer is…
Startup
The Egyptian fintech startup Menthum, which specializes in digital savings, has recently announced a strategic…
The South African startup Omnisient, which specializes in “privacy-by-design” technology, has successfully secured US$7.5 million…
The Kenyan-based social commerce enterprise, Sukhiba Connect, has recently announced the successful acquisition of an…
The fintech platform Fido, based in Ghana and Uganda, has recently achieved a significant milestone…
Ghanaian fintech innovator PayBox has recently unveiled Buddy, a comprehensive financial platform designed to grant…
AfriLabs, recognized as the most extensive network of technology and innovation centers across Africa, has…
people
Two United States Congress representatives are currently in Nigeria, advocating for the liberation of Tigran…
The Federal High Court in Abuja has ruled to dismiss the lawsuit filed by Binance…
Tesla’s shareholders have once again given their nod to Elon Musk’s substantial compensation plan, months…
In an unforeseen turn of events, Elon Musk has instructed his legal team to request…
Adia Sowho has stepped down from her role as Chief Marketing Officer at MTN Nigeria,…
In a surprising turn of events, Maelle Gavet has announced her resignation as CEO of…
Cryptocurrency
Tigran Gambaryan, a high-ranking official at Binance, has formally petitioned the Federal High Court in…
Two United States Congress representatives are currently in Nigeria, advocating for the liberation of Tigran…
Worldcoin is poised to recommence its activities in Kenya following the discontinuation of a police…
The South African Revenue Service (SARS) is intensifying its efforts to ensure compliance among cryptocurrency…
The Federal High Court in Abuja has ruled to dismiss the lawsuit filed by Binance…
A year has passed since Pick n Pay introduced cryptocurrency as a payment option, and…