Tech
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South Africa’s Reserve Bank Governor warns against treating Bitcoin like gold reserves
On Tuesday, January 23, 2025, at the World Economic Forum in Davos, South Africa's Reserve Bank Governor, Lesetja Kganyago, pushed…
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Visa makes major investment in Nigerian fintech Moniepoint to boost digital growth
On Thursday, January 24, 2025, Nigerian fintech Moniepoint announced a strategic investment from global payments giant Visa. This comes just…
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50% tariff hike: Nigerian telcos may turn to B2B services to stay afloat
On Sunday, January 20, 2025, the Nigerian Communications Commission (NCC) approved a 50% tariff hike for telecom companies in the…
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Angola set to sell stakes in key assets to attract investors
On Thursday, January 24, Angola is making big moves to boost its economy by selling off shares in some of…
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Blue Label Telecoms makes big move to take over Cell C
On Friday, January 24, Blue Label Telecoms is officially ready to take control of Cell C, a mobile company in…
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50% telecoms tariff hike: Nigerians plan to drag FG to court
Nigerians have vowed to take legal action against the Federal Government over the approval of a 50% increase in telecom…
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50% telecom tariff hike: POS operators may raise charges – AMMBAN
The Association of Mobile Money & Bank Agents in Nigeria (AMMBAN) has warned that its members may have no choice…
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Telecoms tariff hike won’t be more than 60%, says Bosun Tijani
The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has revealed that the impending telecommunications tariff hike won’t be…
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LemFi expands into Europe with zero-fee money transfers for Nigerians
On Thursday, January 9, 2025, LemFi, the fast-growing remittance startup, announced its expansion into Europe, covering Italy, France, and Spain.…
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South African law firm in trouble for allegedly using ChatGPT to create fake legal citations
On Thursday, January 9, 2025, a law firm in Pietermaritzburg, South Africa, is facing serious trouble for allegedly using AI…
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NBS to restart services on January 15 after cyberattack disruption
On Thursday, January 9, 2025, the National Bureau of Statistics (NBS) confirmed that it will resume operations on Monday, January…
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Nigeria to raise call, data, and SMS costs, but it won’t be by 100%
On Thursday, January 9, 2025, the Nigerian government announced plans to increase prices for calls, data, and SMS messages in…
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Terrahaptix records $2M in revenue in year one, as it begins South Africa exportation
On Thursday, December 19, Nigerian drone company Terrahaptix celebrated a major achievement, reaching $2 million in revenue during its first…
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Tyme hits $1.5B valuation as Nubank leads $250M investment into South African digital bank
On Thursday, December 19, Tyme, a South African digital bank, reached a major milestone, securing a $250 million Series D…
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Court defends Facebook against ₦60 billion fine, halts Nigerian government action
On Thursday, December 19, a Federal High Court in Lagos temporarily blocked the Nigerian government from enforcing a ₦60 billion…
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Bamboo unlocks exciting opportunity for Africans to trade U.S. stocks with new US licence
On Thursday, December 19, Bamboo, a Nigerian investment app, made a huge leap forward by securing a U.S. broker-dealer licence…
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Juicyway steps out of stealth mode after processing $1.3 billion in cross-border payments for African businesses
On Monday, December 16, Juicyway, a fast-growing fintech company, announced its official launch after quietly processing over $1.3 billion in…
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MTN sets sights on digital banking in South Africa as new rules open doors for non-bank players
On Monday, December 16, MTN, one of Africa’s largest mobile networks, announced exciting plans to start offering banking services in…
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Equator Africa Fund receives $5M to help boost climate startups across Africa
On Monday, December 16, Equator Africa Fund, a company that helps start-ups focused on solving climate problems in Sub-Saharan Africa,…
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Reps call for increased budget for Defence Intelligence Agency (DIA)
On Tuesday, December 10, the House of Representatives Committee on Defence called for a boost in the budget allocation for…
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Innovation clusters set to revolutionise Africa’s AI space
A new report, The Role of AI Innovation Clusters in Fostering Youth Employment in Africa: Opportunities, Challenges, and Implications, highlights…
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Yellow Card aims to secure CASP licence in Nigeria, expanding its crypto footprint
Yellow Card, one of Africa’s top cryptocurrency exchanges, is working towards securing regulatory approval from Nigeria’s Securities and Exchange Commission…
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Moove partners with Waymo to break new ground in autonomous vehicle fleet management
Moove, a Nigerian fintech startup, is making waves by partnering with Waymo, Alphabet’s self-driving vehicle division, to manage fleets of…
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Seedstars Africa Ventures I raises $42 million to create 10,000 jobs and support African startups
Seedstars Africa Ventures I, a fund that helps early-stage startups in Africa, just reached an exciting milestone by raising $42…
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Access Bank strengthens Africa’s economic ties with Standard Chartered acquisitions in Angola, Sierra Leone
On Monday, December 2, 2024, Access Bank, Nigeria’s largest bank by assets, made a significant move to boost its presence…
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Temu becomes the most downloaded app in Nigeria, surpassing local competitors
On Monday, December 2, 2024, it was revealed that the Chinese eCommerce company Temu has taken the top spot as…
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FCCPC to investigate customer complaints against MTN, GTBank, and Air Peace
On Monday, December 2, 2024, it was announced that the Federal Competition and Consumer Protection Commission (FCCPC) would be looking…
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Ghana and The Gambia team up to offer free roaming services, boosting regional connectivity
Ghana and The Gambia are set to launch a free roaming initiative, enhancing digital connectivity and promoting economic integration across…
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Salesforce eyes Nigeria’s growing talent pool as it expands in Africa
Salesforce, the American tech giant behind Slack, has unveiled its ambitious strategy for Nigeria, focusing on talent development as a…
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Zimbabwe launches AI-powered traffic system to ease congestion and improve road safety
Zimbabwe has rolled out an AI-driven traffic management system to tackle the growing issue of urban congestion, starting with its…
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Central Bank of Egypt to roll out card tokenisation in 2025 to boost digital payment security
In 2025, the Central Bank of Egypt (CBE) will introduce card tokenisation, a new security measure to protect digital payments…
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World’s first wooden satellite launched into space
The world’s first wooden satellite has blasted off on a SpaceX rocket, its Japanese developers said Tuesday, part of a…
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Microsoft forecasts slower cloud business growth in Q2
Microsoft predicted increased spending on artificial intelligence this quarter but slower growth in its cloud business Azure, signaling that big…
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FG considers regional power grids to tackle outages
On Monday, October 28, the Federal Government announced plans to explore a decentralized national power grid. This new system aims…
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Universal Music release AI-powered Spanish version of Brenda Lee’s hit song
Universal Music Group has released a Spanish version of country music star Brenda Lee’s 1958 hit song “Rockin’ Around the…
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Google to develop AI that takes over computers in “Project Jarvis”
Google is developing artificial intelligence technology that takes over a web browser to complete tasks such as research and shopping,…
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South Africa’s Pargo expands into Egypt with $4 million funding boost
On Friday, October 25, 2024, Pargo, a South African eCommerce logistics startup, announced its expansion into Egypt after securing $4…
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BURN secures $15 million to expand ECOA Electric Induction Cooker distribution in East Africa
On Friday, October 25, 2024, BURN, a Kenyan manufacturer of clean cooking appliances, announced a significant $15 million investment agreement…
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MultiChoice invests $390 million in Peacock to enhance Showmax
On Friday, October 25, 2024, MultiChoice announced a significant investment of R6.9 billion ($390 million) in platform fees over the…
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World Bank aims to connect 300 million women to high-speed internet by 2030
On Friday, October 25, 2024, the World Bank Group announced a global initiative to increase broadband access for 300 million…
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