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FCCPC Accuses WhatsApp of Exit Threat: The Federal Competition and Consumer Protection Commission (FCCPC) has accused WhatsApp of threatening to exit Nigeria following a hefty $200 million fine imposed on the messaging platform. This fine was levied after an investigation…
South Africa vs. MultiChoice Sports Dominance: South Africa is preparing to take on MultiChoice, the country’s leading pay-TV operator, over its monopoly on live sports broadcasts through its subsidiary SuperSport. The South African sports minister, Gayton McKenzie, has issued a…
Google expands AI wildfire tracking capabilities to Kenya and 16 additional countries. This initiative aims to bolster community preparedness and safety as wildfires become an increasingly pressing concern worldwide. The expansion of the Wildfire Boundary Tracker, an AI-driven tool, is…
Investment experts emphasize that tech is key for Gen Z wealth transfer. This was a central theme at the recent Cordros Summit held in Lagos, where financial leaders gathered to discuss innovative strategies for effectively transferring wealth to the upcoming…
Kenya banks’ assets fell by 2.7% to $58.2 billion in Q1 2024, reflecting a significant contraction in the sector. According to the Central Bank of Kenya (CBK), this decline is primarily attributed to an 18.5% drop in foreign currency loans,…
TikTok has officially launched its inaugural Visionary Voices List for Africa, celebrating 15 remarkable individuals who are making significant strides in innovation and cultural representation across the continent. As TikTok honours African content creators, it aims to empower and elevate…
At least 17 people are feared dead across Nigeria as protests against economic hardship escalated, leading to significant business losses. The #EndBadGovernance protests broke out on August 1 in different cities, including Abuja, Kano, and Borno as security forces clashed…
Following Mercury’s recent decision to exit the African market, local banks reacted to Mercury exit by stepping in to fill the void left for startups. The San Francisco-based digital bank announced it would close accounts for businesses in 13 African…
Chowdeck has announced an exclusive partnership with Chicken Republic, enhancing food delivery services in Lagos and Ibadan. This collaboration positions Chowdeck as the sole distributor for Chicken Republic meals, allowing customers to enjoy quick access to their favorite dishes through…
JumiaPay Appoints New MD: Jumia has announced the appointment of Anthony Mbagwu as its new Managing Director for JumiaPay in Nigeria. Bringing with him over 15 years of experience in Nigeria’s financial services sector, Mbagwu is a seasoned professional and…
