Kenya has a vision for a greener future with the introduction of a pioneering national e-mobility draft policy (EV Policy). This revolutionary project will serve as a catalyst to help Kenya become an electric vehicle manufacturing and assembly hub. The…
Adenia Partners, a private equity firm that works to promote growth in Africa, made an announcement on Wednesday that it had successfully closed its biggest African-focused fund ever. The fund, known as Adenia Africa Fund, has a huge capital of…
A new court submission in an ongoing class action lawsuit against Meta, the parent company of Facebook, has stirred up a controversy on user data privacy. The lawsuit alleges that for almost a decade, Meta allowed Netflix to access the…
The Edo State Government made a significant step in the direction of regulating the ride-hailing industry within its borders. The move is announced in the form of an upcoming launch of Application Programming Interface (API) integration for ride-hailing platforms like…
In a surprising turn of events, Multichoice Group, the leading African video entertainment company, announced today that Imtiaz Patel will retain his position as chairman until the ongoing acquisition deal with French media giant Canal+ is finalized. This decision comes…
MTN Nigeria, the nation’s top mobile network operator, experienced a notable fall in its internet subscriber base, a development which was mainly due to the challenges of the ongoing National Identification Number (NIN)-SIM card integration exercise. A policy on mandatory…
Nigeria’s fintech sector suffered a major setback on April 1, 202024,ith the announcement of Thepeer’s closure. The three year old startup that was known for its innovative API based payment solutions will stop its operation and return the rest of…
The South African Social Security Agency (SASSA) has made available the payment schedule for April 2024 of the Social Relief of Distress (SRD) Grant. Many South Africans who receive this monthly support for their basic needs are very pleased with…
The Africa Finance Corporation (AFC), a top provider of infrastructure solutions in Africa, has reached a significant milestone in its mission to develop the continent. On March 26, 2024, AFC announced the successful close of its largest ever debt facility,…
African payments giant Cellulant has withdrawn from the Nigerian mobile money sector, which represents a major development in the country’s financial ecosystem. This action was prompted by the Central Bank of Nigeria (CBN) revoking Cellulant’s mobile money license. A Pillar…
