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Drivers for inDrive in Botswana are experiencing high financial pressure due to fuel prices and increased competition following the entry of Bolt into the market in March. Many drivers report that the current fare structure is inadequate to cover their…
Bolt, in partnership with M-KOPA, a Nairobi fintech platform, has launched electric motorcycles to maximize earnings for drivers. Both companies will introduce more than 5,000 new electric bikes (e-bikes) in the East African country over the next 3 years. This…
Short-form video platform TikTok is set to launch its highly anticipated TikTok Subscriptions, allowing followers to access exclusive perks from their favorite content creators. This new feature promises to enhance creator-fan engagement by offering unique experiences and a member-only community…
Mtn Nigeria Commercial Papers: MTN Nigeria Communications PLC (MTN Nigeria) has announced plans to raise N50 billion through its latest issuance of commercial paper (CP) under its N250 billion Commercial Paper Issuance Program. This Series 11 and 12 CP issuance…
Kobo360 CEO Resigns: Ciku Mugambi, the CEO of logistics platform, Kobo360, has officially stepped down from her role after a year in leadership. Her resignation, which she disclosed during a company-wide meeting on 29 October, follows a period of expansion,…
Leading smartphone manufacturer Infinix has officially launched its latest innovation, the Infinix Zero Flip, in Nigeria, priced at ₦1,065,000. The unveiling took place at a grand event in Lagos, attended by company executives, brand ambassadors, major dealers, and various dignitaries. …
Nigeria prepares a new satellite launch: Nigerian Communications Satellite Limited (NIGCOMSAT) has now begun the process of replacing the country’s satellite, NIGCOMSAT-1R. The current nation’s satellite will expire in 2026, after the completion of its 15-year lifespan. The country is…
Elon Musk, the CEO of Tesla, has voiced his frustration over the low sales of Tesla vehicles in Japan, the world’s third-largest car market. Musk, known for his ambitious goals, wants the company to establish a significant presence in Japan,…
The Emerging Africa Group, acting financial adviser and lead issuing house, led the completion of NEN. This is an Infrastructure Ltd’s 10-year private bond. This was budgeted at N40.9 billion. About Emerging Africa Emerging Africa is a leading investment banking…
The Tony Elumelu Foundation (TEF) is inviting African entrepreneurs who want to bring their business dreams to life to apply for the TEF Entrepreneurship Programme. This incredible opportunity is amazing and offers a non-returnable seed capital of $5,000 to selected…
