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MultiChoice Nigeria chaos: MultiChoice, a leading video entertainment provider in Africa, is facing a number of challenges in the Nigerian market. The Nigerian economy is currently experiencing a period of instability, characterized by currency volatility and high inflation. These economic…
The South African Competition Commission has prohibited the proposed merger between Vodacom and Maziv, a mobile virtual network operator (MVNO). The decision, which was announced on Friday, follows an extensive hearing process in which the Commission heard arguments from both…
MTN South Africa has remained unconcerned regarding Vodacom’s ongoing efforts to merge with Maziv, a fiber infrastructure company. As the Competition Tribunal continues to hear testimonies from various witnesses about this proposed merger, MTN remains unconcerned about the potential implications…
NLC strike e-hailing drivers shutdown! The Nigerian Labour Congress (NLC), the umbrella body for trade unions in Nigeria, has called a nationwide strike beginning on Monday, June 3rd, 2024. The strike action comes amid rising inflation and an economic downturn…
In a dramatic turn of events, Nadeem Anjarwalla, a regional executive for cryptocurrency giant Binance held by the Nigerian government, has just walked out of detention in Nigeria. The news was confirmed by the Office of the National Security Adviser…
A South African company called VezoPay has launched a smart payment ring that allows users to ditch their wallets and even their phones when making purchases. This new payment ring, developed by South African entrepreneurs Jake Pinkus and Lawrence Baker,…
MTN Nigeria, the country’s leading telecommunications provider, has clawed back a significant portion of the funds lost due to a glitch in its mobile money service, MoMo. The company announced in its 2023 financial report that it successfully recovered ₦12.5…
Kenyan entrepreneur Dennis Maina, the visionary force behind the successful digital marketing agency Suss Digital Africa (Suss ads), has been listed as one of the winners of the Forty Under 40 Africa Awards 2024. This honor puts Maina’s work in…
Nigerian fintech companies, including Opay, Kuda, and Moniepoint, have resumed adding new customers to their platforms following a recent government action aimed at tightening regulations in the fintech sector. The move marks a significant shift in the industry’s trajectory, as…
Egyptian edtech startup, Sprints is revving its engines for global expansion with the help of a fresh $3 million bridge round. Just at the time when the company was marking its outstanding track record, this funding surge came: more than…
