Starlink in Nigeria: Starlink, popular Elon Musk’s internet company, is setting up ground stations across Nigeria. This is a strategic move aimed at enhancing its connectivity in the country.  Starlink in Nigeria The Internet satellite company is setting up ground…

The Nigerian Electricity Regulatory Commission in a show of electricity development has granted permits to MTN, Golden Penny Power Limited, Havenhill Synergy, and others for mini-grid electricity generation. The commission issued nine new off-grid generation licences in the first quarter…

Advent International, one of the world’s largest and most experienced private equity investors, will acquire a majority stake in South African Syspro, one of the longest-standing privately-owned vendors of ERP software in the world. SYSPRO Partnership With Advent International To…

Klasha, a global innovator in cross-border payments, has unveiled its new multi-currency accounts designed to ease international transactions for African and global merchants.  Also, the multi-currency accounts are designed to simplify cross-border payments for African and global merchants. Klasha is…

Safaricom has announced its mobile money service, M-PESA, has been re-certified by the GSM Association (GSMA). This is a recognition that underscores the company’s commitment to providing secure, transparent, and reliable financial services.  Safaricom M-Pesa Re-Certified The GSMA Mobile Money…

Apple has found itself entangled in a contentious dispute with Chinese tech giants, particularly Tencent, the parent company of WeChat.  The ongoing conflict centers around Apple’s recent demands that threaten to disrupt its relationship with one of the largest markets…

Fez Delivery, a global leader in last-mile delivery solutions, has announced its official sponsorship of the Naija Brand Chick (NBC) African Fair London 2024.  As the exclusive delivery partner for this prestigious event, Fez Delivery will provide seamless logistics support…

Jumia Technologies AG has successfully raised $99.6 million through the sale of 20 million ordinary shares.  This secondary transaction, which was announced just ten days prior, has garnered attention as Jumia continues to navigate the competitive e-commerce market.  The average…

The popular artificial intelligence chatbot ChatGPT, developed by OpenAI, experienced a global service disruption on Saturday, August 17, 2024.  The outage, which lasted for approximately 43 minutes, left users frustrated and unable to access the AI-powered platform. Cause of the…

InDrive operates a unique model where passengers pay what they feel is fair, negotiating the fare with the InDrive driver. This unique service has ensured the company’s success in Nigeria. However, it seems the model the company fondly adopted has…