Latest News
FARO, a pioneering South African startup, has successfully raised $6 million in funding to make…
As online education continuously gains visibility in African educational settings, teachers and entrepreneurs are embracing…
Dubai, a city renowned for its innovative and futuristic outlook, has launched a large-scale initiative…
OpenAI has unveiled a new beta feature for ChatGPT called Tasks, signaling its ambitious entry…
If you’ve ever relied on USSD codes to check your bank balance, transfer money, or…
Apple has officially joined the Ultra Accelerator Link Consortium, a group dedicated to developing next-generation…
Meta is set to reduce its workforce by approximately 5% through performance-based terminations, according to…
Vodacom and Orange have announced a strategic partnership to extend mobile services to some of…
The Central Bank of Nigeria (CBN) announced on Tuesday that it has imposed sanctions on…
Techstars has unveiled a new accelerator program in Botswana, designed to support and scale startups…
Purple Elephant Ventures (PEV), a Nairobi-based venture studio, has successfully raised $4.5 million in seed…
The Grameen Crédit Agricole Foundation, Beyond Finance, and FosterImpact have collaboratively launched the Women Empowerment…
On Tuesday, OpenAI announced that Adebayo Ogunlesi, a senior managing director at BlackRock, is joining…
As African businesses continue to grow and adapt in a rapidly changing world, Artificial Intelligence…
BUSINESS
The Reunert Group in South Africa has successfully consolidated its subsidiaries, IQbusiness and +OneX, to form a new entity known as iqbusiness. This newly merged entity positions itself as a “digital integrator” in the business and technology services sector, boasting a Level 1 B-BBEE certification. This merger is a strategic…
Egyptian B2B e-commerce platform MaxAB has recently made a significant announcement regarding its leadership team. Mohamed Ben Halim, who co-founded the company and has been serving as the Chief Operating Officer (COO), is set to depart from MaxAB to pursue new ventures. This news arrives on the heels of MaxAB’s…
Just one month after its US launch, backed by Uber, the Nigerian fintech startup Moove has broadened its horizons by entering the Mexican market. This move comes with the company’s forecast of achieving profitability by the year 2025. The venture into Mexico is a significant achievement for the African startup…
The Uganda Revenue Authority (URA) has issued a tax demand to MTN Uganda, the prominent telecommunications company, for the payment of Shs 260 billion ($70.9 million) in outstanding taxes. This sum represents unremitted excise duty and Value Added Tax (VAT) that MTN Uganda collected on the government’s behalf over a…
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Startup
The Central Bank of Kenya (CBK) is poised to open up the payment market to…
i’SUPPLY, a healthtech enterprise operating in the B2B sector in Egypt, has successfully secured funding…
The anticipated “merger of equals” between Kenya’s Wasoko and Egypt’s MaxAB, two prominent players in…
In a remarkable turn of events for the African startup ecosystem, May saw an influx…
Winich Farms, a Nigerian agritech company, is positioning itself to become a leader in traceability…
The South African fintech startup Paymenow has forged a strategic alliance with Thiqa Digital Finance,…
people
Jumia is bringing a member of its Board who is also an American BasketBall Player…
PewDiePie (real name Felix Kjellberg) now has over 100 million subscribers to his YouTube channel. https://www.youtube.com/watch?v=fFzM-7_dSyE…
Willem Nolens has resigned as the CEO of SolarNow. The Lars Johannisson (COO) and Daniel Wellington…
The former Director General of the National Information Technology Development Agency (NITDA), the ICT policy implementing…
Four prominent African business leaders have been selected to mentor high-potential startups from the UAE…
Tautona, a South African insurtech startup has joined Lloyds Innovation Accelerator Program, a mentorship-focused accelerator…
Cryptocurrency
In just 3 days in the new year, the cryptocurrency has gained about $5000.
Leading UK-based mobile cryptocurrency startup, Electroneum, which uses the power of blockchain to unlock the global digital…
As part of continuous efforts to deliver a seamless user experience, Paxful, a global peer-to-peer crypto…
Tesla Chief Executive and according to the Bloomberg Billionaires index now the second richest person in…
Bitcoin, the world’s most-valuable virtual currency, breached the $20,000 mark for the first time in…
Yellow Card, a Nigerian crypto startup has announced that it processed over $165 million in…