Latest News
InfiniLink, a semiconductor startup based in Egypt, has made headlines with the successful completion of…
For decades, building hardware in Nigeria has been a cautionary tale. Even the most promising…
WhatsApp is making quiet but meaningful strides in improving the way users experience audio and…
Amazon is poised to make a significant leap in the satellite internet arena with the…
It’s been in the works, and now it has finally happened. Meta prohibits the ‘Instagram…
Meta, the parent company of Facebook, Instagram, and Messenger, is strengthening its commitment to teen…
BYD Electric Vehicles Arrive in Nigeria, Pioneering the Future of Sustainable Mobility
BYD, one of the world’s leading electric vehicle manufacturer, has officially entered the Nigerian market…
Interview: Thesify Co-founder on AI’s Role in Shaping the Future of Academic Content in Africa
What if AI helped you become a better writer instead of just writing for you?…
The adoption of digital finance in Nigeria over the past few years has been too…
In a country where the number of graduates exceeds the number of jobs available, Nigerian…
Microsoft has rolled out significant updates to its Copilot AI assistant, introducing ten new features…
Pascal Gabriel Dozie, a pioneering Nigerian entrepreneur, economist, and institution builder, has passed away at…
IFC Invests $12 Million in Pee Cee Holding to Launch Sierra Leone’s First Large-Scale Onion Farm
The International Finance Corporation (IFC) has committed $12 million to support the development of Sierra…
African small and medium-sized enterprises (SMEs) are often caught between being too large for microfinance…
PRODUCTS
BUSINESS
Blue Label Telecoms is poised to officially take control of Cell C, a telecommunications operator in South Africa, following the approval from the communications regulator, Icasa, for the transfer of the mobile operator’s spectrum and network licenses. This marks a significant milestone for Blue Label, which currently holds a 49.5%…
In December of last year, Bolt Kenya introduced Bolt Market, integrating it into the existing Bolt Food app, as reported by Innovation Village. This initiative seeks to diversify Bolt’s services, grow its market share, and position itself as a reliable platform for convenient, on-demand grocery delivery. The company is taking…
Starlink has emerged as Kenya’s eighth-largest internet service provider (ISP), surpassing established competitors such as Liquid Telecommunications. The company, owned by Elon Musk, has successfully expanded its subscriber base to 16,746, capturing a 1.1% share of the market, according to the latest data from Kenya’s Communications Authority (CA). This growth…
Glovo, today said it has chosen Nairobi, Kenya, as the location for its global real-time operations hub. This strategic decision underscores the growing importance of Africa in the global technology landscape and highlights Kenya’s burgeoning tech ecosystem. This move builds upon Glovo’s existing presence in Kenya, where the company has…
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Startup
Visa has announced the selection of 19 African startups to participate in the third cohort…
Nineteen innovators from across the African continent have been selected by AfriLabs and the African…
Pan-African hubs network AfriLabs and Nigeria’s National Agency for Science and Engineering Infrastructure (NASENI) have…
Six South African startups have been selected to participate in the Google for Startups Accelerator…
Ten promising startups have been selected to compete in the African final of the Latitude59…
Egyptian supply chain technology startup Qara has successfully raised $2.6 million in a funding round…
people
The special effects studio Weta Digital co-founded by Sir Peter Jackson, which has brought blockbusters…
Tesla, Inc. chief executive Elon Musk has sold around $5bn (£3.7bn) of shares in the…
The US auto safety regulator recently announced its first-ever reward to a whistleblower, handing out…
Elon Musk has lost $50 billion so far this week after Tesla Inc. shares plunged…
The New York Times reports that Google is “aggressively” pursuing a Pentagon contract, despite earlier…
Tesla “TechnoKing” and CEO Elon Musk has surpassed Amazon’s Jeff Bezos by a long shot…
Cryptocurrency
NBA Star Teams up with Bitrefill to Launch High-Tech Sneakers that can Display Live Price of Bitcoin
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’s CEO, Mark Zuckerberg, plans to introduce a virtual currency, nicknamed ‘Zuck Bucks’
Meta (formerly Facebook) wants to introduce “in-app tokens that would be centrally controlled by the company”, a…
FTX, a cryptocurrency exchange, valued at $32 billion is set to roll out its operations…
Nigeria’s central bank fines 4 banks N814.3 million ($1.96 million) for flouting cryptocurrency order
The Central Bank of Nigeria has fined four commercial banks – Access bank, Stanbic IBTC…
UAE-based Cypher Capital has launched a $100 million VC fund to invest in startups in…