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Africa’s fastest-growing fintech company, Moniepoint Inc., has made a major move by securing a 78% stake in Sumac Microfinance Bank, a Kenyan-based financial institution. This big step was given the green light by the Competition Authority of Kenya (CAK), which…
Popular streaming service Netflix has once again increased its subscription prices in Nigeria. Starting from July 4, 2025, the cost of watching your favorite shows and movies on Netflix will be higher. The Premium plan, which used to cost ₦7,000…
Microsoft lays off more than 300 employees again, just a few weeks after its biggest job cuts in years. On Monday, the company told over 300 workers that their jobs were ending. This is part of Microsoft’s plan to save…
Starlink, the satellite internet company owned by Elon Musk, has started cutting off roaming in South Africa. Many South Africans who relied on Starlink’s roaming services woke up to emails from the company saying their internet would be suspended immediately.…
AXIAN Telecom, a big telecom company that works across Africa, acquires an 8% ownership stake in Jumia, the popular online shopping platform. This means AXIAN now owns a small part of Jumia. They made this official by filing a report…
Nigeria struggles with AI skills despite a growing investment sector, according to a recent report released during Microsoft’s AI Skills Week in Lagos. The whitepaper titled “AI in Nigeria: Opportunities, Challenges, and Strategic Pathways,” published by Microsoft Nigeria in partnership…
Public outrage as Rose Njeri is charged has swept across Kenya following the arrest of the 35-year-old civic tech activist under the country’s contentious Computer Misuse and Cybercrimes Act No. 5 of 2018. Rose Njeri, a mother of two, was…
Fincra acquires a payment system provider licence in Tanzania, marking a significant milestone in its East African expansion plans. This licence, given by the Bank of Tanzania, lets Fincra’s local company offer safe and reliable payment services to people and…
The Joint Admissions and Matriculation Board (JAMB) has made it clear that the reprinted UTME results in circulation are not from them. Recently, messages have been spreading online, asking candidates to reprint their examination slips for another resit examination. JAMB…
The South African government is taking strong steps to crack down on the illegal use of Starlink satellite internet services in the country. Starlink, owned by Elon Musk’s SpaceX, is not yet officially licensed to operate in South Africa, but…
