Chinese EV makers vye for front seat in Africa’s electric mobility drive

In a bid to further rival the West's grip on the global electric auto market, China is aggressively exporting its competing EV brands, even to Africa

Africa’s internet domain space is on a checkered rise

52 countries in the continent now have at least one registrar selling and managing domain names on behalf of individuals or businesses

Netflix’s $5 billion WWE deal marks its biggest foray into live events

Under the terms of the deal, Netflix will get Monday Night Raw for 10 years, with a chance to end the contract after five.

Exclusive: Nigerian startup Cova shuts down

Cova, a Nigerian wealthtech startup that enables users to track their assets in one place, is shutting down.

How Fez’s newly launched Safe Lockers work

Fez Safe Lockers would allow customers within a 5 KM radius of every pickup spot to walk into designated spots and pick up with an OTP.

South African internet users double down on Starlink

West African private equity firm Verod has acquired a 65% stake in Nigeria's leading fitness chain i-Fitness from CardinalStone in a $12 million deal.

Zilla halts BNPL service to focus on cross-border payment

Nigerian fintech startup, Zilla is discontinuing its buy-now-pay-later (BNPL) service to focus on Zillawire, its newly launched cross-border payment.

SafeBoda is returning to Kenyan roads

Ugandan ride-hailing startup, SafeBoda, is set to re-launch in Kenya via Nairobi, the capital city, in February. According to a countdown on its website as of today, January 22, 2024, the ride-hailing service will hit Nairobi roads in the next 13 days—February 4, 2024.

Internet cut trails post-election protests in Comoros

On Monday 15th January 2024, Comorians went to the polls to vote for their next leader, but the process was marred by irregularities

Nigerian CBN governor Cardoso’s debut MPC meeting scheduled for February

Olayemi Cardoso is scheduled to chair his first monetary policy meeting as the CBN governor in February, as indicated by a tentative calendar released by the Bank.

Amazon Prime cuts funding and staff in Africa

Amazon Prime Video is not exiting Africa and the Middle East, but it is reducing its budget and workforce in both regions. Additionally, the streaming service will pause Original productions.

Angola’s central bank tames latest data breach

There is no indication who executed the attack or how much was lost in the process