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Property tech startup Spleet, which raised $2.6 million in 2022 from investors including MaC Ventures and HoaQ Fund, plans to fire an unspecified number of staff members due to pressure from rising costs from landlords it works with and inflation.…
$3 million in funding has been given to the Nigerian tech startup Bfree, which was established to automate and present processes for improving ethical debt. The founders of BFREE were extremely dissatisfied with the credit collection options that were available,…
Binance is an online exchange where users can trade cryptocurrencies. The news that at least two senior executives of this online exchange platform have reportedly been detained by the Federal Government has taken the country by surprise. The Financial Times…
Millions of MTN Nigeria subscribers heaved a sigh of relief yesterday after the telecommunications giant finally shed light on the cause of the network outage that plagued the country for several hours on Wednesday, February 28th, 2024. The outage, which…
The Kenyan government can now resume printing national ID cards as the High Court of Kenya has lifted the injunction against the new Maisha Namba digital ID system. The Maisha Card’s issuance was suspended in December of last year due…
In a move aimed at bolstering support for vulnerable communities, the South African Social Security Agency (SASSA) has announced a significant increase in several SASSA Social Relief of Distress (SRD) grant categories, effective from April 2024. This decision comes amidst…
She Code Africa, a non-profit organization dedicated to empowering African women in technology, has recently received a substantial grant from FedEx Express. This grant aims to further the organization’s mission of providing training and support to women across the African…
A recent study by Omdia Research claims that Showmax has surpassed Netflix to take the top spot as Africa’s streaming service. Showmax held 39% of the African market as of November 2022, while Netflix held 33.5%. Showmax is still leading…
Nigeria’s Mavin Records, a powerhouse in the African music industry, has secured a monumental deal with Universal Music Group (UMG), the world’s leading music company. UMG has acquired a majority stake in Mavin, marking a historic moment for both companies…
The owner of X (formerly Twitter), Elon Musk, has unveiled XMail, a new email service that may threaten Google’s hegemony in the industry. Recently, Elon Musk responded audaciously on X when a user inquired about the anticipated release date of…
