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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.

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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.

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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.

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Telesom has claimed Somaliland’s first 5G network

The East African market looks determined to compete on the global stage and charts a course towards technology

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Africa’s biggest TV network, NTA secures rights to air 2023 AFCON

Africa's biggest TV network, the Nigerian Television Authority (NTA) has revealed via its X handle that it has obtained the rights to broadcast all 52 African Cup of Nations (AFCON) events. 

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Fez launches Automated Lockers Network to transform delivery in Nigeria

Fez launches Fez Safe Lockers, a revolutionary network of automated lockers designed to transform last-mile delivery in Nigeria

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Nigerian President Tinubu removes Babatunde Irukera as FCCPC CEO

President Bola Tinubu of Nigeria has dismissed Babatunde Irukera from his role as the executive vice chairman and CEO of the Federal Competition and Consumer Protection Commission (FCCPC).

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Cyberattack quietly rocks Africa’s top airline

Kenya Airways has reportedly been hacked by a ransomware group, with confidential company information leaked on the web

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SuperSports is off. Who will broadcast the 2023 AFCON?

On Saturday, January 13, the Alassane Ouattara Olympic Stadium of Ebimpe in Abidjan will host the kickoff of the 2023 Africa Cup of Nations (AFCON), a continental male football tournament, featuring a match between Côte d'Ivoire and Guinea-Bissau.

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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. 

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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. 

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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.

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