Africa’s internet blackout costs increase fivefold to $1.74 billion

Despite increased discourse on the implications of depriving people of access to the internet, the dubious practice is yet to go away. 

Tingo CEO liable to 45 years prison sentence for securities fraud charges

On Tuesday, January 2, the US officially issued a formal notice (indictment) charging Odogwu 'Dozy' Mmobuosi, co-CEO of Tingo, an African-focused agritech startup, with securities fraud, making false filings with the Securities and Exchange Commission (“SEC”), and conspiracy charges. 

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.

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. 

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.

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.

Fears loom over internet access towards elections in DRC

As the Democratic Republic of Congo (DRC) holds its general elections this week, worries over the restriction of voters’ rights are rising.

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.

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.

Wyclef Jean inks deal to build a tech hub in Plateau state

Renowned Grammy-winning artist and entrepreneur, Wyclef Jean, in collaboration with Caribbean International Commerce (CICH), has signed a partnership with the Plateau state government.

Starlink’s early arrival in Ghana stirs controversy

Starlink operations in Ghana have been declared illegal by the National Communications Authority, Ghana's telco regulator.