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Egypt-based Fawry Becomes Africa’s Third Unicorn to Reach a Billion-Dollar Valuation

Fawry, an Egypt-based e-payment platform has become Africa’s third unicorn to reach a billion-dollar valuation. Its share price increased by 21% from...

Industry Group set to host a national dialogue on taxation and developing the non-oil sectors

…as the Economic Sustainability Committee (ESC) design strategies for economic growth through taxation The Telecommunication and Technology Sustainability Working Group...

After GTBank, Sterling Bank is restructuring into a holdings company

Sterling Bank is going the way of GTBank. The sixty-year-old bank is planning a restructuring and has already secured regulatory approval to operate as...

Nigerian mobility startup, MAX, floats ₦10 billion bond to expand services in Africa

Nigerian mobility startup, Metro African Xpress (MAX) has successfully completed the issuanceof a ₦400 million ($1 million) 1-year fixed-rate notes series 1...

The Nest, A Zoom Shark Tank facilitates more than $2M in commitments for more than 20 Startups in Africa and Asia

When the worldwide COVID19 lockdown went into effect in February 2020 the challenges of fundraising increased exponentially. Entrepreneurs, especially in emerging markets...

Wema Bank sets to hold innovation challenge; calls for entries to pitch solutions in agritech, healthtech, others

Wema Bank Sets to Hold Innovation Challenge; Calls for Entries to Pitch Solutions in Agritech, Healthtech, others Advances in...

US Federal Court Delays TikTok Ban

TikTok has been awarded a life-line after a US federal court ruled to delay its impending ban. Earlier this...

BBD Achieves AWS Advanced Partner Status

BBD has announced that they have achieved the Amazon Web Services (AWS) Advanced Consulting Partner status in the Amazon Partner Network (APN). 

Pinnacle Extends Huawei Distribution Agreement Further into Africa

Huawei and Pinnacle initially commenced their partnership in 2015 and have seen some terrific growth in the past five years, including their...

Facebook is opening its second African office in Lagos, Nigeria

Global tech giant, Facebook has announced plans for a Nigeria office which is to be located in the country’s commercial and tech...

Instagram Founder could become New TikTok CEO

TikTok is reportedly talking to founder and former CEO of Instagram, Kevin Systrom. This comes after Kevin Mayer resigned from his position as...

ByteDance Rejects Microsoft’s TikTok Bid

Microsoft has confirmed that TikTok’s parent company, ByteDance, has rejected its bid to acquire the video-sharing platform – the acquisition would allow...
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14.3 Million South African Facebook Users Implicated by Data Breach

On April 3, Business Insider uncovered how more than 530 million Facebook users personal information had been made publicly available in an unsecured database...

Twitter to Build African HQ in Ghana

Twitter is set to base its African headquarters in Ghana. According to Business Insider, the social media company is hoping to fill 12...

Amazon’s Alexa earbuds return with a smaller design and wireless charging

It’s been about a year and a half since Amazon released the first Echo Buds. I reviewed them when they arrived, and...

Quro Medical, the South African startup pioneering hospital-at-home services, has raised a $1.1m seed round

South African digital healthcare startup, Quro Medical, has just secured $1.1 million in seed funding. This round was led by Kenyan and South...