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Okra, a well-known Nigerian fintech startup, has shut down its operations in May 2025, citing market challenges as the main reason for its closure. This decision marks a significant moment in Africa’s fintech scene, as Okra was one of the…
Flutterwave relaunches Send App in the US with 20 more licences, marking a big step forward for the company and its users. Flutterwave, a top African payments technology firm, has expanded its reach in the United States by acquiring 20…
African startups have raised $1.4bn in the first half of 2025, marking a strong start to the year for venture funding on the continent. This figure, reported by the African venture funding analytics company Africa the Big Deal, shows a…
Egypt successfully completes the landing of two new subsea internet cables, marking a major step in boosting the country’s data capacity to 126 terabits per second. These landings are part of the Southeast Asia-Middle East-Western Europe 6 (SEA-ME-WE-6) subsea cable…
Recently, there has been a lot of talk online and among drivers that Bolt Nigeria, a popular e-hailing company, has increased its commission to 24%. This news caused worry among many drivers who depend on Bolt for their daily income.…
Guaranty Trust Holding Company Plc (GTCO), the parent company of GTBank, is poised to list its ordinary shares on the London Stock Exchange (LSE), marking a historic first for a Nigerian bank. This move is part of GTCO’s plan to…
Africa’s cybercrime crisis worsens as scam cases spike, with new data showing a dramatic surge in online scams and other digital crimes across the continent. According to INTERPOL’s Africa Cyberthreat Assessment Report 2025, suspected scam notifications have surged by nearly…
On June 26, 2025, the global spotlight shone on Nigeria as Moniepoint Inc. and Flutterwave were listed in the Time100 2025 companies list, joining the ranks of the world’s most influential businesses. This recognition on the TIME100 Most Influential Companies…
President Cyril Ramaphosa has made it clear that he prioritizes improving internet connectivity in South Africa over strict compliance to current Black Economic Empowerment (BEE) ownership rules, especially in the ongoing Starlink BEE debate. He supports Communications Minister Solly Malatsi’s…
Pi Coin has seen a 38% price increase this week, driven by growing excitement and speculation about artificial intelligence (AI) integration ahead of Pi Network’s Pi2Day 2025 event scheduled for June 28. This surge reflects renewed investor interest and community…
