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Starlink users in Nigeria are still paying the old subscription fee of N38,000 for its Standard (Residential) package, even though the company announced a 100% price increase in January 2025. The new rate of N75,000 was supposed to take effect…
Vodacom South Africa has suffered a significant setback in its legal battle over spectrum pooling, as the Pretoria High Court dismissed its urgent application to stop competitors MTN, Cell C, and Liquid Intelligent Technologies from sharing spectrum. This ruling comes…
LoftyInc Raises $43M for African Startups. LoftyInc Capital, one of Africa’s most prominent venture capital firms, has successfully raised $43M in the first close of its third fund, LoftyInc Alpha. This marks a significant step forward in its mission to…
French media giant Canal+ has decided to extend the deadline for its planned acquisition of South Africa’s leading pay-TV broadcaster, MultiChoice, by six months. The new deadline for the Canal+ MultiChoice acquisition is now set for October 8, 2025. This…
Nigeria officially ends its 13-year partnership with Remita, the payment platform that has been the backbone of its Treasury Single Account (TSA) system since 2012. The government has introduced a new system called the Treasury Management & Revenue Assurance System…
Kobo360, a Nigerian freight logistics startup once hailed as Africa’s “Uber of trucks,” is facing a dramatic turn of events. Kobo360 investors have sold their equity back to its co-founder and former CEO, Obi Ozor, marking a pivotal moment in…
Namibia’s telecommunications sector has reached a remarkable milestone, generating over N$800 million (equivalent to $43 million) in data revenue. This achievement, often referred to as Namibia’s $43M Data Boom, highlights the growing importance of data services in the country’s economy…
MTN Ghana has achieved remarkable financial success in 2024, reporting a total revenue surge of GHS17.9 billion, marking a significant 34.4% increase from GHS13.3 billion in 2023. This impressive growth comes despite the challenges of inflation and the devaluation of…
Ghana is finally gearing up to launch its central bank digital currency (CBDC), the e-Cedi, in 2025 after years of delays. This move marks a significant step for the country as it seeks to modernize its financial system and improve…
Skype, once a trailblazer in the world of video calling and messaging, is officially set to shut down in May 2025. After more than two decades of connecting people across the globe, Microsoft has decided to retire the platform and…
