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Kenya Finance Bill protests internet:The Communications Authority of Kenya (CA) has refuted the claims that there are plans to shut down the internet ahead and during Tuesday’s anti-Finance Bill protests. The protest going on in Kenya is expressed with a…
Nvidia Market Value Slump: Nvidia overtook Microsoft as Wall Street’s most valuable public company last week. It was a surprise that it fell 13% over three days, its worst dip since 2022. The company entered correction territory as it extended…
David Lanre Messan, a renowned serial techpreneur, has been appointed to the board of the prestigious Tech-Leap Initiative, a tech-focused subsidiary of the Lagos Business School (LBS). As an experienced venture builder, micro angel investor, and business strategist, Lanre-Messan is…
South African technology investment giant Naspers has reported strong revenue growth for the year ending March 2024, with an 8% increase in consolidated revenue driven by the robust performance of its e-commerce businesses, Classifieds and Food Delivery. The company’s core…
In a strategic move to realign its focus, Flutterwave, a leading payments technology company in Africa, has announced the layoff of 24 employees, representing approximately 3% of its workforce. The decision, according to the company, is driven by data and…
Boosting the Egyptian pharmaceutical sector, Egyptian startup i’SUPPLY, a leading innovator in the pharmaceutical supply chain, has secured $2.5 million in pre-Series A funding. The funding round was led by a prominent regional venture capital firm, with participation from other…
PC Industry Upgrade Cycle: There’s a major upgrade wave about to sweep the PC industry. This is due to the AI capabilities that are infused in new PCs. The effect is enhanced by AMD and generative AI waves. This development…
Massive data breach in Nigeria! In a disturbing turn of events, a massive data breach has exposed the personal information of millions of Nigerians. This sensitive data is now being sold on a website called AnyVerify.com.ng, putting millions at risk…
Naspers Tencent Profit Boost: Naspers proudly announced its profit figure nearly doubled, while its ecommerce business swung to profit six months ahead of target. The earnings were accelerated by enhanced performance of its e-commerce businesses and contribution from China’s Tencent. …
Mr D Food Profitability Milestone: It is an exciting time for Mr D Food! The fast-food delivery company became profitable for the first time in its history in the 2024 financial year. Mr D is part of the Takealot Group.…
