In a move designed to empower its driver network and enhance their overall experience on the platform, Bolt Nigeria has announced the launch of a short-term loan program specifically tailored for Bolt Drivers.  This program, initiated through a strategic partnership…

In a move designed to appease public outcry, the Central Bank of Nigeria (CBN) has officially withdrawn its directive mandating the imposition of a 0.5% cybersecurity levy on all electronic transactions.  The decision to suspend the levy, which was met…

MTN Ex CEO joins Jumo. Bradwin Roper, ex-CEO of Momo MTN, has made a jump to the fintech Jumo as head of payment partnerships. This arrangement will be made effective from 1 November 2024, after his tenure at Momo Mtn. …

BritBox is shutting down in South Africa this August. This is just three years after it launched in the country in August 2021. BritBox SA, which is run by BritBox International, offers a range of British television series, documentaries, and…

OpenseedVC, an operator-led venture capital firm, has announced its first close of a $10 million early-stage fund for tech startups in Europe and Africa. The fund is set as investments for seasoned operators taking on new ventures. The investment will…

Nokia 3210 is about to make an exciting comeback! The European mobile innovator, Human Mobile Device, recently announced the new development. It is an exciting concept as Nokia 3210 was a solid and reliable technology for a whole generation. Moreover,…

Flutterwave has been hacked! Nigerian fintech leader Flutterwave got hacked, with reports suggesting the company lost a staggering ₦11 billion ($27 million) in April 2024.  This news comes just a month after Flutterwave secured a court order to recover $24…

Senegal’s B2B e-commerce startup, Maad, has defied the recent turbulence in the African B2B e-commerce sector by raising a significant $3.2 million in seed funding.  This investment, consisting of both debt and equity, will fuel Maad’s expansion plans within Senegal…

The tablet wars have taken a humorous turn this week as Samsung ad mocks Apple iPad Pro advertisement.  Apple’s ad, titled “Crush,” featured a hydraulic press crushing various creative tools, including paintbrushes, musical instruments, and cameras.  The intended message –…

LaunchBase, a forward-thinking marketing and property technology (prop-tech) start-up, has designed an advanced software solution. The propTech allows off-plan property developments to be launched online to be reviewed by everyone. Launchbase Proptech launch: About LaunchBase The company was founded by…