The Economic and Financial Crimes Commission (EFCC), has secured an order from the Federal High Court to freeze N548.6 million in bank accounts. The bank accounts are said to belong to suspected crypto users on platforms like ByBit, KuCoin, and…
Field, a leading African healthtech company, recently announced the launch of a route-to-market service that will introduce emerging therapies to tackle the urgency of maternal mortality, newborn and child health, along with nutrition. The initiative will leverage Field’s proprietary technology,…
Apple is set to unveil the highly anticipated iPhone 16 this September 2024, marking a significant upgrade in its smartphone lineup. With the introduction of iOS 18, the iPhone 16 release is expected to bring a host of innovative features…
In a move to ensure reliable telecommunications services, the Zimbabwean government has introduced new regulations that could see telecom companies fined up to $5,000 for subpar performance. These changes, which come under Statutory Instrument 154 of 2024, aim to address…
Several flights were canceled, leaving hundreds of travelers stranded at Jomo Kenyatta International Airport (JKIA) as aviation workers initiated a strike against a controversial proposal to lease the airport to India’s Adani Group for a period of 30 years. The…
The National Centre for Artificial Intelligence and Robotics (NCAIR) has announced the launch of a ₦100 million ($61,000) AI fund initiative with support from Google. Note, the proposed fund is to support startups intending to harness the power of AI…
An Egyptian fintech company, Paymob, specialising in enabling financial services, has announced its successful completion of a $22 million extension in Series B funding. This milestone brings the total raised in this round by the company to $72 million. The…
Vodafone, the UK-based majority shareholder in Vodacom, has finally been denied access to South Africa’s courts in the ongoing legal battle involving “Please Call Me” service owner, Kenneth Nkosana Makate. Vodacom previously suffered a loss in the legal battle, when…
The Nigerian Communications Commission (NCC) has taken a bold step towards regulating mobile phones accessing communication networks nationwide. The commission will take this step by introducing the Device Management System (NCC-DMS). NCC To Regulate Mobile Phones Through NCC-DMS The initiative…
Bolt, the leading on-demand e-mobility company, has announced a 15% increase in base fares across all its ride categories. This decision, disclosed in a recent statement, is aimed at enhancing the compensation and working conditions for its driver-partners, who are…
