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Nigeria’s logistics and ecommerce platform, Kwik, has announced their partnership with Alibaba to empower Nigerian exporters. Along with this announcement, Kwik has also become the first ever Authorized Channel Partner of Alibaba. com in Sub-Saharan Africa. Meanwhile, with this partnership,…
Ethiopian Airlines is taking another step towards the future of transportation with the launch of an electric air taxi service in Ethiopia. The new service will be launched by a collaborative effort of Ethiopian Airlines and Archer Aviation, a U.…
Binance, one of the most popular cryptocurrency exchanges in the world, lost more than 50% of its value in just a few minutes. Many traders and analysts were puzzled by the sudden drop and even tried to pinpoint the culprit.…
Guaranty Trust Holding Company (GTCO) Plc has recorded N1.017 trillion profit after tax for the 2024 financial year, an increase of 88.4% from the N539.6 billion made in 2023 as the institution was credited with significant growth in financial services…
Cleva, a Nigerian fintech company, has achieved a significant milestone by obtaining an International Money Transfer Operator (IMTO) license from the Central Bank of Nigeria (CBN). The license will allow Cleva to transact cross-border money transfers into Nigeria. This will…
Spiro, a leading electric vehicle company in Africa, has made history by launching Africa’s first all-women electric vehicle assembly line in Togo. It is a historic milestone in the development of gender equality and sustainable transportation on the continent. Spiro,…
Sumet Technologies, a Tanzanian company specializing in fast-moving consumer goods (FMCG) distribution, has secured $1.5 million in pre-seed funding to expand its operations and drive innovation in the African market. This funding marks a significant milestone for the startup, which…
Telkom, South Africa’s biggest telecommunications company, is seeing an increase in earnings because of the sale of its masts and towers business, Swiftnet. The company said on Friday its basic earnings per share was expected to increase by over 300%…
Discovery Bank has recently launched a new innovative security measure and it’s called the Discovery Bank Secret Panic Code Feature. This innovation, which can be used to discreetly alert the bank and police of a customer’s location in a risky…
AltSchool, a Nigerian-based edtech startup, has announced its plan to offer artificial intelligence (AI) education in various African languages, including languages such as Hausa, Igbo and Yoruba, under the slogan AI for 10M Africans. The program, which will begin on…