Latest News
Hinckley E-Waste Recycling Ltd, a trailblazer in Nigeria’s circular economy, has secured fresh backing from…
Linda Yaccarino announced that she is stepping down as CEO of 𝕏. According to her…
Some products fail without anyone noticing, while others fail dramatically and spectacularly. The Amazon Fire…
Development Partners International (DPI), a premier pan-African investment firm, together with a consortium of its…
Global investment firm Carlyle has entered into a definitive agreement to divest its portfolio company,…
The Dangote Refinery’s decision to lower the ex-depot (gantry) petrol price by ₦820 per litre…
In a significant regulatory reversal, South Africa’s Competition Tribunal has conditionally approved Vodacom’s R13.2 billion acquisition of a minority…
South African fintech startup Stitch has announced the acquisition of Efficacy Payments, a licensed digital payments company, in…
Kholo Capital Mezzanine Debt Fund I has committed R200 million (approximately $11.2 million) in mezzanine growth funding to Bayport…
If your Gmail inbox has become a jungle of newsletters, coupon alerts, and forgotten mailing…
In a significant boost to Africa’s clean transportation sector, the Dutch entrepreneurial development bank FMO has approved…
Following the success of its inaugural cohort, the RevUp Women Initiative has officially launched its Nigeria Edition,…
OPay has grown remarkably from its Nigerian launch in 2018 into one of the country’s…
The Nigerian Communications Commission (NCC) has introduced a comprehensive regulatory framework for Application-to-Person (A2P) messaging…
Business
South African fintech startup Stitch has announced the acquisition of Efficacy Payments, a licensed digital payments company, in a move that significantly strengthens its position in the country’s financial infrastructure landscape. This marks Stitch’s second strategic acquisition in six months, following its January 2025 purchase of ExiPay, and positions the company as one of…
Following the success of its inaugural cohort, the RevUp Women Initiative has officially launched its Nigeria Edition, reaffirming its commitment to empowering women-led businesses across Africa. This expansion aims to provide targeted support to 150 women entrepreneurs in Lagos, Abuja, and Abia, with a strategic focus on agribusiness and e-commerce—two sectors with high potential for scalable…
Redington Turkey and Mastercard have recently formed a partnership that appears to be both timely and strategic, in midst of rapidly evolving cyber attacks. It’s not a flashy acquisition or merger, but rather preparing for heightened digital dangers through synchronized attacks. Redington Turkey, part of the global Redington group with…
Globeleq, a leading independent power producer focused on Africa, has entered into a definitive agreement to acquire a 51% equity stake in Lunsemfwa Hydro Power Company (LHPC), a Zambian renewable energy company. The stake is being sold by Agua Imara, a subsidiary of Norfund, the Norwegian investment fund for developing countries. LHPC, headquartered in Kabwe, Central…
Partners
Startup
Nigerian food delivery startup Chowdeck has announced a significant reduction in its contract workforce, cutting…
ORA Technologies, a superapp based in Morocco, has successfully raised $1.9 million in a pre-Series…
Egyptian artificial intelligence startup Widebot has successfully secured $3 million in pre-Series A funding to…
Kenyan re-commerce startup Badili has successfully raised US$400,000 in debt funding from Proparco, a French…
LoftyInc Capital, recognized as one of Africa’s most proactive investment firms, has successfully secured new…
The European Investment Bank (EIB Global) and Stanbic Bank have announced the launch of a…
people
Reed Jobs is stepping into the spotlight: The 31-year-old son of Steve Jobs and Laurene…
Dr. ‘Bosun Tijani, CcHub founder and CEO, has been unveiled as a ministerial nominee in…
Telecoms operator Cell C has appointed another former Vodacom executive, Melanie Forbes, as Chief Marketing…
Kanye West’s account which currently has 31,6 million followers has been reinstated on X after…
Twitter is undergoing a major rebrand after owner Elon Musk announced the platform would officially become “X” over the…
Elon Musk on Sunday said that he was looking to change Twitter’s logo, tweeting: “And…
Cryptocurrency
Kenya’s interior ministry said on Wednesday that it had suspended the local activities of the…
What is happening at Quidax? CEO Buchi Okoro tweeted posted that its app has been…
Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launches on Monday. Worldcoin Foundation’s…
Bundle Africa, the popular crypto exchange service, has recently announced its decision to discontinue its…
Kwon Do-hyeong, also known as Do Kwon, the disgraced former cryptocurrency boss behind the $40bn…
Crypto giant, Binance, is leaving the Netherlands. According to a blog post by the company,…