Latest News
Deposit money banks (DMBs) are about to start the implementation of a new billing model…
Amid the hustle and excitement of Nigeria’s vibrant music industry, one thing is clear: success…
Nigerian-born fintech Moniepoint Inc. has received clearance from the Competition Authority of Kenya (CAK) to…
For over a decade, smartphones have been the cornerstone of communication, entertainment, and productivity. But…
Neuralink Corp., the brain-computer interface startup co-founded by Elon Musk, has raised a staggering $650…
IBM acquires Seek AI, a promising data analysis startup renowned for its state-of-the-art natural language…
Pan-African telecoms operator AXIAN Telecom has acquired an 8% minority stake in Jumia Technologies AG,…
In his ongoing quest to reinvent the digital experience, Elon Musk has launched a new…
Equity Group has dismissed more than 1,200 employees as part of a sweeping effort to…
After an extraordinary $343 million surge in April, the African tech startup ecosystem continued to…
At this year’s VivaTech conference in Paris, Nigeria’s Zeeh Africa has been named to the…
In today’s digitized music world, streaming has become the primary way listeners consume music and…
Microsoft has introduced a significant update to Notepad, transforming the long-standing plain text editor into…
There was a time when Africa was told to catch up. Catch up with Western…
BUSINESS
Chowdeck, the Nigerian food delivery startup backed by Y Combinator, has made a significant move in its international expansion by appointing Henry Whyte as the head of its operations in Ghana. This strategic hiring is particularly noteworthy as it follows the company’s earlier recruitment of Umar Nas’ir, another senior manager…
EFT Corporation has announced the appointment of Mike Smits as the new Group Managing Director. In this pivotal role, Smits will be responsible for spearheading the corporation’s strategic initiatives and fostering collaboration in digital transformation efforts across key markets, including Kenya, the Democratic Republic of the Congo (DRC), and Ethiopia.…
Digital payments gateway Peach Payments has announced its acquisition of the Senegalese payment platform PayDunya, marking a significant milestone as it enters the Francophone African market. This move follows Peach Payments’ previous expansions into Eswatini, Mauritius, and Kenya, further solidifying its position as a key player in the African digital…
Verdant Capital has announced a significant boost to its investment in LOLC Africa, with the Verdant Capital Hybrid Fund committing an additional $4.5 million. This latest investment increases the total commitment to LOLC Africa to $13.5 million, following an initial investment of $9 million that was completed in June 2023.…
Startup
South African AI startup NOSIBLE has successfully raised US$1 million in pre-seed funding to enhance…
NjiaPay, a pioneering payment service provider (PSP) based in South Africa, is revolutionizing the payment…
Payhippo, a Nigerian fintech company that previously specialized in providing loans to small and medium-sized…
The Orange Corners Innovation Fund (OCIF) GROW programme is currently providing an exciting opportunity for…
Applications for the second phase of the Spark Accelerator programme will soon be open. This…
For years, Zimbabwe, a nation of approximately 16 million people, has struggled with chronic power…
people
MTN Group has announced the appointment of Sandile Gwala as an independent non-executive director, effective…
Intel CEO Pat Gelsinger has announced his retirement, the company revealed on Monday. This decision…
Phuthi Mahanyele-Dabengwa, the current CEO of Naspers South Africa, will be appointed as an executive…
The board of directors at MTN Group has decided to extend the contract of CEO…
PalmPay, a pan-African fintech operating in three countries, has appointed Femi Hanson as the new…
Media group MultiChoice has announced the resignation of Marc Jury, the Chief Executive Officer of…
Cryptocurrency
Incoming President Donald Trump has appointed former PayPal COO David Sacks as the new “czar”…
Yellow Card, a prominent cryptocurrency exchange in Africa, is actively pursuing regulatory approval from Nigeria’s…
Bitcoin just crossed $100,000 
It has finally happened! Bitcoin price has finally crossed the $100,000 since it launched more…
Former cryptocurrency leader Alex Mashinsky has pleaded guilty to two fraud charges. The founder and…
Mercy Corps Ventures (MCV) has announced the fourth round of its Crypto for Good Fund…
Bitcoin surged to a record high, surpassing $81,000 on Monday amid optimism for a crypto-friendly…