Tech
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Logistics startup Sendstack targets traditional businesses with new software
On Friday, October 25, Sendstack, a Nigerian logistics platform, announced a new focus on CTRL, its logistics management software designed…
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Competitors lower prices to keep up with Starlink in Zimbabwe
On Friday, October 25, 2024, reports showed that Zimbabwe’s internet market is changing quickly with the arrival of Starlink, the…
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Kenya to track fuel use for drivers with new electronic tax system
On Friday, October 25, 2024, the Kenya Revenue Authority (KRA) announced plans to start monitoring fuel consumption by linking its…
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ICASA denies knowing about StarSat’s legal troubles after shutdown
On Friday, October 25, 2024, the Independent Communications Authority of South Africa (ICASA) announced that it doesn’t know if StarSat,…
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Russian ride-hailing app Yango suspended in Togo after just four months
On Tuesday, October 22, Togo's Ministry of Road, Air, and Rail Transport announced the suspension of Yango, a ride-hailing platform…
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Nigerian eCommerce startup OmniRetail acquires Traction Apps
On Tuesday, October 22, 2024, Nigerian B2B eCommerce startup OmniRetail announced its acquisition of Traction Apps, a fintech company, for…
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PaidHR launches feature to pay salaries in 49 currencies
On Tuesday, October 22, 2024, Nigerian HR tech startup PaidHR unveiled a new feature that allows employees around the world…
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Intelsat faces challenges after satellite outage, recovery seems unlikely
On Saturday, October 19, 2024, Intelsat, a satellite communications provider, announced a service outage affecting the Intelsat 33e satellite, which…
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Nigeria teams up with Ericsson to boost 5G connectivity
On Tuesday, October 22, the Nigerian government announced a new partnership with Ericsson to explore the possibilities of 5G technology…
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Woven Finance clarifies shutdown confusion, announces brand refresh
On Tuesday, October 22, Woven Finance, a Nigerian fintech company, addressed confusion from earlier this year when news reports suggested…
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Madica gets funding to boost solar energy for small businesses
On Tuesday, October 22, Madica, an investment program focused on Africa, announced its investment in Earthbond, a Nigerian climate tech…
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tappi’s $11 digital solutions boost growth for M-PESA’s 650,000 merchants in Kenya
On Tuesday, October 22, tappi, a digital commerce startup, has partnered with Safaricom to help M-PESA’s network of 650,000 micro,…
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Jeff Bezos-backed GEAPP set to help Nigeria’s energy crisis with solar power
On Tuesday, October 22, the Global Energy Alliance for People and Planet (GEAPP), a climate group supported by the Rockefeller…
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Is Meta’s workforce leaner and more focused?
Meta is making changes again, leading to some employees getting laid off across departments like WhatsApp, Instagram, and Reality Labs.
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Binance introduces mobile money payment methods of buying crypto in West, Central Africa
Binance has just made an exciting move in West and Central Africa by introducing mobile money payments for buying cryptocurrency!
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Ghana to launch its first music streaming platform by November
Ghana is set to shake up its music scene with the launch of its first-ever local music streaming platform, as…
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Intelsat launches CellBackhaul in Nigeria to boost connectivity in Africa
On Wednesday, October 16, 2024, Intelsat, a satellite services provider, announced the launch of a new satellite cellular backhaul service…
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FG to start taxing reality show winners and lottery prizes in 2025
Starting on Saturday, January 1, 2025, winners of lotteries and reality shows, like Big Brother Naija, will need to pay…
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Safaricom teams up with Cloudflare, Copycat to offer affordable cybersecurity for Kenyan businesses
On Thursday, October 17, Safaricom announced a new partnership with Cloudflare, a global web infrastructure and cybersecurity provider, and Copycatgroup,…
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Yellow Card raises $33 million for growth, expansion
On Thursday, October 17, Yellow Card announced that it has raised $33 million in a Series C funding round to…
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Ethio Telecom to sell 100 million shares for $2.54 each ahead of stock market listing
On Thursday, October 17, Ethio Telecom, Ethiopia’s state-owned telecom company, announced that it will sell 100 million shares at a…
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FSCA suspends trading platform’s license for unrealistic return promises in South Africa
On Thursday, October 17, the Financial Sector Conduct Authority (FSCA) announced that it has temporarily taken away Banxso's licence. This…
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EV operator Ampersand opens a large 21,000-square-metre manufacturing facility in Kenya
On Thursday, October 17, Ampersand, an electric vehicle (EV) startup, announced the opening of its new, expanded manufacturing facility in…
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Nigeria to invest $2bn in expanding fibre optic network
The Nigerian government plans to invest $2 billion to expand its fibre optic network by 90,000km, boosting digital infrastructure nationwide.…
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Bolt, Uber team up to remove unprofessional drivers in Kenya
On Friday, October 11, ride-hailing giants Bolt and Uber announced a new partnership with Kenya’s National Transport and Safety Authority…
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Belkin recalls power bank, wireless charger in South Africa due to fire hazard
On Friday, October 11, Belkin, a US-based consumer electronics company, announced a recall of the Belkin BoostCharge Pro Fast Wireless…
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Kenya government to link M-PESA paybills to tax system by December
On Friday, October 11, Kenya’s government announced exciting plans to link M-PESA Paybills and Till numbers to the tax system…
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Mali temporarily lifts Starlink ban for six months to create new rules
On Friday, October 11, Mali's military government announced that it has lifted its seven-month ban on importing and selling Starlink…
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Transform Health Fund raises $111 million to support healthtech startups
On Friday, October 11, AfricInvest announced the successful closing of its Transform Health Fund (THF), raising an impressive $111 million,…
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Mustek buys majority stake in cybersecurity firm for $1.1 million
On Friday, October 11, South African IT company Mustek announced an exciting new development: they have acquired a 70% stake…
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Starlink gets a one-year license in Liberia to improve Internet access
On Friday, October 11, the Liberia Telecommunications Authority (LTA) announced that they have signed a one-year agreement with Starlink to…
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NCC drops threat against Starlink after price increase
On Tuesday, October 8, the Nigerian Communications Commission (NCC) announced it was withdrawing its earlier threat to sanction Starlink for…
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Vodafone and Google team up for AI services in Africa
Vodafone and Google have announced an exciting ten-year extension of their partnership to bring new services, devices, and TV experiences…
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TUNL gets funding to help South African eCommerce exporters
TUNL, a shipping platform based in South Africa that helps eCommerce exporters, has successfully secured seed funding to boost its…
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CBN improves oversight of Nigerian banks operating abroad
On Tuesday, October 8, 2024, the Central Bank of Nigeria (CBN) announced that it has signed Memoranda of Understanding (MoUs)…
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Kenyan lawmakers want Safaricom and M-PESA to be separate
On Tuesday, October 8, Kenyan lawmakers are once again pushing for Safaricom, the biggest phone company in Kenya, to split…
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Fear of confidentiality risks hinders investors from getting regular updates from startups
A new report from PR firm Wimbart shows that while investors are asking for more regular updates from their startup…
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Spotify hikes Premium prices for Nigeria subscribers by 40%
Spotify is increasing its subscription fees for Premium users in Nigeria by over 40%. The platform announced that the monthly…
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Equator Africa secures $5m to improve climate tech innovation in Africa
Equator Africa, a venture capital firm, has raised an additional $5 million from the International Financial Corporation (IFC) to support…
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Anti-child abuse probe: Australian court upholds order for Musk’s X to pay $418,000 fine
An Australian court upheld an order on Friday for Elon Musk’s X to pay a fine of A$610,500 ($418,000) for…
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