Google selects six startups in its 2024 African Accelerator Cohort

Google has announced the six startups it’s chosen for this year’s Startups Accelerator Africa.

9mobile subscriber base drops 73% per NCC report; telecom promises service overhaul

“9mobile is going through a transformation phase in order to reposition the business for Growth,” 9mobile CEO Obafemi Banigbe told Condia, refusing to share further details for now.

MultiChoice reports 99% fall in half-year profit, loses 541,000 subscribers in Nigeria and Zambia

MultiChoice Group CEO Calvo Mawela highlighted that the current operating environment presents the most significant challenges the company has faced in almost 40 years.

EXCLUSIVE: Access Bank will pay ₦23 billion to finalise Tanzania bank acquisition

This deal indicates Access Bank's successful acquisition of ABC Tanzania, which is part of the lender’s strategy to expand its footprint in East Africa.

Jumia faces tough third quarter, with revenue declining to $36.4 million

Jumia will only focus on promising markets and opportunities, as it hunts for profitability.

MTN Nigeria’s total investments in mobile money arm rises to ₦26.35 billion

This comes after MTN Nigeria injected an additional ₦1.15 billion capital, taking total investment in MoMo PSB to ₦26.35 billion from ₦25.2 billion

OmniRetail expands fulfillment network, with 50 warehouses across Nigeria

OmniHub Franchise will assist business owners in starting their FMCG distribution business.

Nigeria partners with Morocco to produce electric vehicles locally 

Nigeria, alongside Morocco, will manufacture and assemble locally-made electric vehicles

Google backs Nigeria’s AI training ambition with ₦2.8 billion grant

Nigeria is joining the AI bandwagon to become a key player

Level Up: Why I pivoted from social media management to Journalism

Meet Chidinma Iwu, a senior journalist and content strategist whose bylines include Fast Company, Daily Mail, and Forbes Advisor. She shares her journey from social media management to content and gives her take on navigating job offers that don’t meet her rate expectations.

MTN Nigeria reports ₦514 billion loss in nine months, driven by inflation, currency devaluation

Despite a few bleeding items on its balance sheet, data is king. MTN recorded ₦2.37 trillion in revenue driven by data which led over 50% of those efforts, solidifying data’s dominance over voice.

African VC Janngo Capital closes $78M fund for women entrepreneurs

Just two years after the first close of the fund at $28.1 million, Janngo hits a second milestone.