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Festus Onifade, a Nigerian lawyer, has officially withdrawn his lawsuit against MultiChoice Nigeria Limited over the company’s recent increase in subscription fees for its DStv and GOtv services. The case, which had attracted significant public attention, challenged the legality and…
MTN Foundation has opened its application portal for the year 2025 scholarship programme. This is part of its initiative to empower students. For the last 15 years, MTN Foundation has invested ₦3 billion in terms of scholarship, benefitting almost 15,000…
Lesotho is facing growing pressure to grant Starlink an operating license as discussions surrounding the satellite internet provider’s application heat up. Starlink, a SpaceX-owned satellite internet provider, has been pushing to get a licensed network service to offer coverage in…
Purple Elephant Ventures (PEV), a Nairobi-based venture studio focused on tourism, has successfully increased its seed funding round to $5 million. This milestone was possible after securing an extra $500,000 investment from Alphatron, the Dutch family office at Alphatron Group.…
Morocco plans to host the GITEX Africa 2025 in Marrakech, affirming its leadership in the digital transformation of Africa. Marrakech will turn into an innovation hub hosting more than 45,000 participants from over 130 countries between April 14-16, 2025. The…
A South African fintech company, Stitch, has raised $55 million in a new funding round. The Cape Town startup seeks to revolutionize payment solutions across the entire continent by achieving this investment round. The money will help Stitch grow its…
There is sustained growth in the demand for PCs worldwide, as global PC sales increases in the first quarter of 2025. This can be seen in the 4.9% year-on-year growth in shipments reaching 63.2 million units. This growth comes after…
Nigerian telecom operators have recently reacted to the NCC 12-month airtime reclaim period proposal. The Nigerian Communications Commission (NCC) has proposed a new policy that gives telecom subscribers a 12-month grace period to reclaim unused airtime on deactivated lines. The…
Moroccan fintech startup, PayTic raises $4 million in funding to broaden its payment automation services across Africa. The funding round was led by AfricInvest which was backed by Build Ventures, Axian Group, Mistral, Island Capital Partners and Concrete. The financing…
Umba, a credit-led digital bank, has secured a $5 million debt facility from Star Strong Capital to expand its lending operations in Kenya. The fintech startup has experienced rapid overgrowth ever since its inception in Kenya, so this funding comes…
