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The Federal Competition and Consumer Protection Commission (FCCPC) of Nigeria has levied a substantial fine of $220 million against Meta Platforms, Inc., the parent company of Facebook and WhatsApp, for serious violations of data protection laws. This decision follows a…
Telkom, South Africa’s third-largest mobile network operator, has been slow to launch 5G support for smartphones compared to its rivals Vodacom and MTN. Lunga Siyo, Telkom Consumer CEO, cites two main reasons for the delay in Telkom’s 5G phone launch:…
LULA, a ride-sharing platform focused on office workers, has acquired the South African operations of Zeelo, a US-based staff bus-sharing startup. The financial details of the all-cash deal remain undisclosed. Zeelo, which entered the South African market in 2019, has…
TerraPay Secures $95 Million Loan for Affordable Transfers in Africa: TerraPay, a UK-based fintech company specializing in remittance transfers within Africa, has secured a major financial boost. The company has received $95 million in debt financing to improve the affordability,…
Citisquare Africa, a technology-driven company, has announced its decision to tackle the issue of burnout among professionals with tech. The world has grappled with the aftermath of the COVID-19 pandemic, which has led to a significant increase in burnout cases. …
The Project Management Institute (PMI) has released a report titled “First Movers’ Advantage: The Immediate Benefits of Adopting Generative AI for Project Management,” which highlights how GenAI boosts project manager productivity. The report surveyed 500 project professionals using GenAI in…
The crypto market is abuzz with the potential of memecoins offering high crypto market returns. While these offbeat tokens were once dismissed, they are now attracting significant attention for their ability to generate massive gains. Some memecoins are even hinting…
Jumia, the leading e-commerce platform in Africa, has seen its market cap surpass the coveted $1 billion mark in a surge fueled by renewed investor confidence. This significant milestone comes after a period of mixed fortunes for the company, which…
Ever tried to pay for a subscription or book a plane ticket and gotten a frustrating decline notice? Maybe you’ve dealt with hefty conversion fees when shopping online from another country. These are all too common problems for people who…
OKX, a leading cryptocurrency exchange, has announced that it will be discontinuing its services in Nigeria after recent changes in local laws and regulations. The decision comes as a result of an ongoing assessment of the exchange’s operations in the…
