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Nigerian payments infrastructure company Zone has reported facilitating transactions exceeding ₦1 trillion (approximately $660 million) on its blockchain network from November 2022 to December 2024, as stated by CEO Obi Emetarom. Zone stands out as the only blockchain financial institution in Nigeria licensed to offer switching and processing services. It…

Silver Box, a company based in the Middle East that specializes in investing in technology products and services, has successfully acquired Mobius Motors Kenya, a struggling automaker that had recently announced plans to shut down. This acquisition comes six months after Mobius faced significant financial difficulties, including unpaid debts, disputes…

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