MTN Group’s board announced support for its CEO, Ralph Mupita. This comes after an investigation was done by an independent law firm. The firm tapped to look into allegations of favoritism raised against the African wireless carrier’s CEO. MTN Group…
The Competition Tribunal, following a recommendation from the Competition Commission, has approved Telkom’s sale of Swiftnet, the company’s masts and towers business. The sales to Towerco Bidco, a new entity owned by Actis and Royal Bafokeng, were approved with certain…
Startup expansion is currently reigning in Africa, and Nala is not left behind. Nala, an American company, has received an International Money Transfer Operator (IMTO) license to operate in Uganda. Nala Licensed To Enhance Cross-Border Payment Services This license, issued…
Innovation Hub Africa, the organizers of the prestigious Nigeria Innovation Summit (NIS) has partnered with Silicon Africa, a platform that highlights African innovation and technology for its 9th-year event occurring in Lagos, Nigeria. Nigeria Innovation Summit and Silicon Africa Collaborate…
Binance, a cryptocurrency exchange, has pledged $100,000 in partnership with the Kenya Red Cross Society (KRCS) to help Kenyan communities struggling due to recent challenges, including the severe floods earlier this year. Kenya Red Cross Society Gets Binance Funding The…
The Economic and Financial Crimes Commission (EFCC) has claimed that the health condition of detained Binance executive, Tigran Gambaryan, is not as bad as his family and lawyer presented. Gambaryan’s family and legal team have previously argued that his health…
The Meltwater Entrepreneurial School of Technology (MEST Africa), in collaboration with the Norwegian Embassy, has announced the launch of the 6th edition of the MEST Africa Challenge (MAC). This edition seeks to identify and support exceptional AgriTech entrepreneurs who are…
For the first time ever, two local exchanges, Quidax and Busha, received provisional licenses from the Securities and Exchange Commission (SEC), the industry regulator in Nigeria. The announcement puts an end to months of ambiguity surrounding the local government’s position…
Tanzania has reportedly blocked X amid political tensions going on in the country. This has sparked outrage and has forced citizens to use VPNs to gain access to the social media platform. Tanzania Restricts Access To X This unique development…
Andela Inc., one of the largest private marketplaces for technical talent, has revealed Carrol Chang will take over as Chief Executive Officer. She will join the company’s Board of Directors on September 17, 2024. Chang, a previous employee of Uber,…