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ATSF, African Tech Startup Forum, is set to reveal its first cohort of 160 Tech Startups from 8 African countries. These tech start-ups are coached by industry leaders and networked with other successful startups, and investors. About ATSF ATSF is…
Infobip Oracle ISV partner: Infobip, a leading global cloud communications platform, has declared its partnership with Oracle as an Independent Software Vendor (ISV). The partnership will enable businesses using Oracle solution to access Infobip’s omnichannel platform through Oracle Cloud Marketplace…
South African e-hailing drivers in the Western Cape region have decided to storm their provincial legislature to protest against unfair practices by e-hailing companies like Uber and Bolt. The e-hailing drivers and operators plan to demand government intervention in their…
Bradwin Roper has decided to step down as MTN’s Momo CEO. MoMo CEO resigns to explore a new opportunity. He will leave the company at the end of October 2024. Momo CEO Resigns MTN said in a statement that, in…
Meta has removed 63,000 Instagram accounts in Nigeria linked to sextortion scams. These accounts were mostly from a group called “Yahoo Boys” who were targeting adult men in the US. They would pose as young women online, create fake profiles…
Convergence Acquisition of Datacentrix: Convergence Partners, a technology-focused private equity investment management company, has acquired 100% system integration service company, Datacentrix. South African regulators, the Competition Commission and the Independent Communications Authority of South Africa (ICASA), unconditionally approved the transaction.…
Afreximbank Approves $200 Million: African Export-Import Bank (Afreximbank) has approved a US$200 million Corporate Finance Facility in favour of BUA Industries Limited (BIL) to support its expansion plans. The bank disclosed this in a statement, noting that the first tranche…
KEDCO To Build Safe Grid: Kano Electricity Distribution Company (KEDCO) has put in place a novel partnership for an initial investment of $100 million to develop a 100MW “Safe Grid” for Kano, Katsina, and Jigawa States, to provide 24-hour power…
MultiChoice, a top African entertainment company with ties to Canal+, has shared the news that its chairman, Imtiaz Patel, will be stepping down after more than ten years of successful leadership. Patel, who has led the company since 2010, will…
Lotus Bank Achieves CBN’s Requirements: Lotus Bank Limited, a Nigerian non-interest bank, has said that it has met the Central Bank of Nigeria’s minimum capital requirement even before the apex bank raised the new threshold. Lotus Bank Achieves CBN’s Requirements …
