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Elon Musk, the CEO of Tesla and SpaceX, has issued a public apology to President Donald Trump, which has helped Tesla shares recover after a recent sharp drop. Musk posted on his social media platform X, saying, “I regret some…
Jesam Michael, the CEO of Afriq Arbitrage System (AAS), has been remanded in custody by the Federal High Court in Abuja over serious fraud allegations involving $854,416.36 and N590 million. The Economic and Financial Crimes Commission (EFCC) charged Michael and…
Salus Cloud, an AI-native DevSecOps platform, has just made headlines after raising $3.7 million in seed funding to supercharge software delivery across Africa and beyond. This big step is set to change how small engineering teams, especially in Africa, the…
South Africa’s Telkom resumes dividend payment after a strong year, bringing good news to its shareholders for the first time in five years. The telecommunications company, which is partly owned by the government, announced a 62.3% surge in full-year earnings…
Telecom company Airtel Africa has repurchased 1.9 million shares in the second round of its ongoing share buyback program, marking a significant step in its plan to reduce its capital base and enhance shareholder value. This latest purchase is part…
Binance executive Tigran Gambaryan resigns after a dramatic and difficult experience in Nigeria, ending his four-year journey with the world’s largest cryptocurrency exchange. Tigran Gambaryan, who served as Binance’s Head of Financial Crime Compliance, made his resignation public on June…
CANAL+ and Netflix expands their partnership, bringing Netflix to 24 Francophone African countries. This means that starting in July, millions of people across French-speaking Africa will be able to watch Netflix content directly through their CANAL+ subscriptions. This move marks…
Kenya is celebrating a major win after being ranked as the most progressive country in Africa for information and communication technology (ICT) regulation. This recognition comes from the International Telecommunications Union (ITU), a global body that tracks how well countries…
MTN Zambia has been appointed as an authorized reseller of Starlink, a move that is set to change how people in Zambia access the internet. This partnership means that MTN Zambia can now sell Starlink’s high-speed, low-latency internet services to…
MultiChoice Group announces a 50% decline in trading profit for the financial year ending March 31, 2025, signaling a tough year ahead for the African entertainment giant. The company revealed in a recent update that its reported trading profit is…
