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.

Patricia $2M hack: Court schedules Wilfred Bonse trial for June 2024

The court trial for Wilfred Bonse, a Nigerian politician arrested for alleged involvement in the cyber hack that resulted in a $2 million loss for Patricia, will be held in June next year, according to a statement seen by Bendada.com.

SpaceX’s Starlink has gone live in Eswatini

Elon Musk’s satellite internet service, Starlink, has officially launched in Eswatini, a landlocked country in Southern Africa. 

Amazon Web Services leadership meets with the Nigerian Government ahead of 2024

This visit is one out of many that will happen over the next year, with a follow-up expected to happen in January 2024.

Despite tough economics, Africa’s smartphone market stays resilient

Chinese maker Transsion—known for its Infinix, Tecno, and Itel brands— retains its top position in the market

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.

Adobe walks away from $20 billion acquisition of Figma

The decision to end the acquisition follows mounting pressures from UK and EU regulators.

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.