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Wasoko and MaxAB have successfully completed their all-stock merger after a four-month delay. This merger, which aims to create a “category king” in the competitive B2B e-commerce sector, combines the strengths of both companies, with Wasoko hailing from Kenya and…
Mark Zuckerberg, the Chairman and CEO of Meta, has publicly acknowledged that his company cooperated with the U.S. government to censor content on its platforms, including Facebook, Instagram, WhatsApp, and Threads. This admission, made in a letter to the Congress…
In a bizarre turn of events, the battle between Nigerians and South Africans on social media has resulted in a significant financial loss for Bolt drivers in both countries. The prank, which involved booking fake rides across borders, has cost…
Pavel Durov, the founder and CEO of the popular messaging app Telegram, was arrested on Saturday evening by French police at Le Bourget Airport, just north of Paris, after arriving in his private jet. Durov, a dual citizen of France…
NASA astronauts Sunita Williams and Barry Wilmore are facing an unexpected holiday season in space after being stranded aboard the International Space Station (ISS) for two months. The duo launched on June 5 aboard Boeing’s Starliner spacecraft for what was…
In order to enhance financial inclusion and accessibility to digital assets, leading cryptocurrency exchange Binance has launched its One Click Buy and Sell (OCBS) service in four African countries: Ghana, Tanzania, Uganda, and Zambia. Binance Expands Reach in Africa Binance’s…
Surprisingly, Quizac, an innovative edtech startup, has been acquired by Tekedia Capital just days before its scheduled shutdown. The acquisition comes as a lifeline for Quizac, which faced significant challenges in monetization despite attracting nearly 13,000 learners since its inception…
TymeBank, the South African digital bank with R4 billion ($222 million) in customer deposits, is set to expand its footprint in Southeast Asia by launching operations in Indonesia by the end of 2024. This move marks the bank’s third market…
The ride-hailing app Bolt has recently found itself at the center of a chaotic trend that has significantly impacted its users in South Africa. This phenomenon, commonly referred to as the fake ride request trend, involves users from South Africa…
Fidelity Bank, a Nigerian tier-2 bank with a market capitalisation of ₦323 billion ($205 million), has denied allegations of a data breach by the Nigerian Data Protection Commission (NDPC) and disputed the ₦555.8 million ($353,254) fine imposed by the regulator.…