Latest News
The Ohlthaver & List (O&L) Group is in the process of finalizing the termination of…
Israeli fintech unicorn Rapyd has successfully completed the acquisition of European fintech company PayU from…
Leta, a Nairobi-based logistics software-as-a-service startup, developed an AI-powered platform designed to optimize delivery routes,…
Safaricom M-PESA has entered into a strategic partnership with LakiPay Financial Technologies to enhance the…
Pan African connectivity provider WIOCC has partnered with carrier-neutral data center provider iColo to accelerate…
Mastercard is enhancing its partnership with Paymentology, a cutting-edge global issuer processor, to streamline card…
The Nigerian Government has officially announced its ambitious plans to deploy 90,000 kilometers of fiber…
Elon Musk’s artificial intelligence company, xAI, has made a significant move by acquiring Hotshot, a…
Senegalese e-health startup Eyone has emerged as the winner of the latest edition of Africa’s…
The Nigerian government is poised to launch a $40 million fund aimed at investing in…
MTN Group is taking bold steps to transform its fast-growing fintech division, with plans to…
Emirati state-owned investment firm MGX has announced a groundbreaking $2 billion investment in Binance, marking…
MTN Nigeria has experienced a significant shift in its financial standing, losing its title as…
The Foundation for Clean Energy and Energy Inclusion for Africa (CEI Africa) is excited to…
BUSINESS
Nvidia has successfully finalized its acquisition of Run:ai, an Israeli startup specializing in the management and optimization of AI hardware infrastructure. As a result of this merger, Run:ai has announced that its software, which is currently compatible exclusively with Nvidia products, will be open-sourced. This strategic move will allow competitors…
OpenAI has announced that it will be evolving its corporate structure to better align with its mission of ensuring that artificial general intelligence (AGI)—AI capable of performing most tasks that humans can—benefits all of humanity. Currently, OpenAI operates as a for-profit organization controlled by a nonprofit, with a “capped profit”…
The Bank of Tanzania (BOT), the nation’s central bank, has recently announced that payments made using debit, credit, or prepaid cards at point-of-sale (POS) machines will no longer incur any charges. This directive is part of BOT’s broader strategy to encourage the adoption of digital payments across the country. Merchants…
Prosus is set to acquire the online travel agency Despegar.com for a substantial sum of US$1.7 billion (approximately R32 billion). This strategic move aims to bolster Prosus’s online commerce footprint in the Latin American market. Despegar’s board has given the green light to the acquisition offer of $19.50 per share,…
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Startup
Emmanuel Afemikhe, better known as King E, is not just a voiceover artist; he’s a…
The Moroccan property technology startup Agenz has recently received a strategic investment from Renew Capital,…
Pargo, a pioneering smart logistics enterprise established in 2015 by Lars Veul and Derk Hoekert…
The African Development Bank (AfDB) has sanctioned a substantial loan of $100 million to bolster…
The Nigerian fintech startup, Klasha, has successfully secured an additional $2 million in investment to…
Three innovative Nigerian startups have been awarded a total of N24 million to expand their…
people
Deloitte Africa has announced the appointment of its board chair Ruwayda Redfearn as its first female CEO,…
A Rwandan who used his YouTube channel to criticize the government has been sentenced to…
Elon Musk sold another block of Tesla shares on Thursday. In two additional filings, Musk…
The Chairman, and Chief Executive of Johnson & Johnson, Alex Gorsky, has joined Apple’s board of…
Artificial intelligence pioneer Andrew Ng, the founder of the Google Brain research lab and the…
The special effects studio Weta Digital co-founded by Sir Peter Jackson, which has brought blockbusters…
Cryptocurrency
Financial infrastructure platform Stripe on Friday announced that platforms and marketplaces on Stripe can now…
Cryptocurrency trading platform KuCoin has launched a $100 million “Creators Fund” to empower the development…
One of the world’s fastest-growing cryptocurrency platforms Okcoin is launching an NFT marketplace with zero…
NBA star Spencer Dinwiddie of the Dallas Mavericks has teamed up with Bitrefill, the world’s…
Global cryptocurrency platform, Luno, that aims to put the power of crypto in everyone’s hands,…
Meta (formerly Facebook) wants to introduce “in-app tokens that would be centrally controlled by the company”, a…