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Meta has announced a major change by introducing ads on WhatsApp status and channels, the popular messaging app used by over 3 billion people worldwide. For the first time since Meta acquired WhatsApp in 2014, businesses will be able to…
LemFi, a Nigerian-founded fintech company known for its remittance services to African migrants, has acquired Pillar, a UK-based credit card issuer. This move marks a significant step for LemFi as it expands its services beyond just sending money across borders…
The Lagos House of Assembly has taken a major step towards addressing the concerns of ride-hailing drivers by summoning ride-hailing companies like Uber, Bolt, inDrive, and others to a public hearing. This move comes after a strong petition from the…
South Africa has just launched its first fully Afrikaans car-trading platform, marking a big moment for local car buyers and sellers who prefer doing business in Afrikaans. This new online platform, called Stuurwiel, is the first of its kind in…
M-KOPA, a UK-based fintech company operating in Africa, has been accused of racial discrimination in its share structure. The controversy began when Elizabeth Njoki, a former employee at M-KOPA Kenya, filed a petition in Kenya’s Employment and Labour Relations Court.…
A Federal High Court in Lagos has rejected Access Bank’s request to freeze MTN accounts over a disputed debt of N180.95 billion. This decision is a major setback for Access Bank, which had hoped to freeze MTN Nigeria’s accounts as…
Meta plans to deepen its AI expansion with investment in Scale AI, making headlines with a massive $14.3 billion deal that is set to shake up the artificial intelligence world. The parent company of Facebook, Instagram, and WhatsApp is buying…
Moove, a Nigerian-born mobility startup, is making headlines as it plans to raise $300 million at a $1 billion valuation, aiming to achieve unicorn status. This means Moove could soon join the exclusive group of African tech companies valued at…
South Africa’s Zero Carbon Charge has successfully raised $5.6 million in funding from the Development Bank of Southern Africa (DBSA), marking a significant step forward in the country’s electric vehicle (EV) infrastructure development. This funding, equivalent to ZAR100 million, will…
DHL Group, the global logistics giant, has announced a major plan to invest $575 million across Africa and the Middle East over the next five years. This huge investment aims to boost healthcare and logistics services in these fast-growing regions,…
