Johnstone Kpilaakaa

Embattled Tingo co-CEO Dozy steps down temporarily

Odogwu 'Dozy' Mmobuosi, co-CEO of Tingo, an African-focused agritech startup listed on the US stock exchange, has temporarily stepped down following fraud charges filed against him by the US Securities and Exchange Commission (SEC). The company publicly announced this decision on Thursday, December 21, 2023.

Nairaland temporarily abandons Cloudflare services, returns online

Nairaland is back online a few days after its web server was deactivated by Cloudflare, a US-based hosting provider.

Reflecting on low moments in the African tech ecosystem in 2023

In 2023, African tech confronted economic challenges, cyber hacks, internal conflicts, fraud charges, closures, and layoffs—defining significant challenges for the ecosystem.

Nigeria awards AI research grant to Lendsqr and 44 other startups and experts

45 startups and researchers have been picked for the first National AI Research Scheme, with each grantee set to receive a ₦5 million grant.

Nairaland web downtime puts the spotlight on content moderation

Cloudflare, the hosting provider, has disabled the web server of Nairaland, a leading online community in Nigeria.

Inter-bank transfer restored in Lesotho after cyber hack

On December 11, the Central Bank of Lesotho (CBL) reported a system outage due to a cyberhack. The downtime which affected the national payment system led to the temporary suspension of inter-bank transactions in the country.

Breaking: Tingo CEO Dozy charged with fraud by U.S. SEC

An SEC’s complaint alleges that, since at least 2019, Mmobuosi spearheaded a scheme to fabricate financial statements and other documents of the three entities and their Nigerian operating subsidiaries, Tingo Mobile Limited and Tingo Foods PLC.

BioNTech launches its $150M vaccine manufacturing facility in Rwanda

One year after laying its foundation, the German biotech company BioNTech has set up the first BioNTainer at its manufacturing facility in Kigali, Rwanda to facilitate the production of mRNA vaccines.

BD Insider 216: African startups are trying to localise cost

Inside: Layoff of Chipper's US-based employees, Starlink adoption in Zambia and Worlcoin's operation in Kenya.

CcHub appoints Ojoma Ochai as managing director

Africa's leading innovation centre, Co-Creation Hub (CcHub) has appointed Ojoma Ochai as its new managing director.

ARM Labs Lagos Techstars accelerator backs 12 African startups in second cohort

ARM Labs Lagos Techstars Accelerator has selected 12 African startups for its second cohort. Some of the startups are GetEquity, Eight Medical, and PressOne Africa.

Jumia Foods to cease operations in Africa

Pan-African e-commerce company, Jumia is closing its food delivery service across the continent. Jumia Foods will halt operations in Nigeria, Kenya, Morocco, Ivory Coast, Tunisia, Uganda, and Algeria by the end of this month.