Morocco is one of the most vulnerable African countries to email-based cyberattacks, according to a report by PowerDMARC.  The country’s weak adoption of essential security protocols such as DMARC, MTA-STS, and DNSSEC has left businesses and government agencies highly susceptible to phishing, domain spoofing, and data theft. These security gaps, combined with Morocco’s position as […]

AltSchool Africa, a leading edtech platform, announced the launch of the “AI for 10M Africans” initiative on Thursday. This ambitious program aims to provide free artificial intelligence (AI) education to 10 million Africans, bridging the knowledge gap and empowering individuals to integrate AI into their careers and daily lives. Empowering Africans through AI education The […]

The Commercial Bank of Ethiopia (CBE), in collaboration with MasterCard, has launched a new service offering both virtual and plastic payment cards.  The launch ceremony, held on March 27, 2025, at CBE’s headquarters, was attended by Abe Sano, President of the Commercial Bank of Ethiopia, Mark Elliott, President of MasterCard Africa, and senior executives from […]

MTN Group and Airtel Africa have partnered to share network infrastructure in Nigeria and Uganda, aiming to enhance mobile connectivity in underserved areas.  The agreement, announced on Wednesday, reflects a growing trend toward cost optimisation and seeks to improve mobile services, especially in rural and remote regions where many people still lack access to modern […]

Technology has the potential to drive job creation and economic growth across the African continent. To harness this potential, opportunities for meaningful economic engagement must be created for Africa’s growing population. At the recently concluded UK-Africa Business Outlook, experts emphasised that the focus of financing and unlocking Africa’s entrepreneurial strength should be on job creation. […]

Payhippo, a Nigerian fintech startup that once focused on lending to SMEs, announced on Wednesday that it evolved its name to Rivy, signalling a strategic move towards funding sustainable energy. This rebranding is accompanied by a $4 million funding round, which will be used to expand Rivy’s clean energy financing solutions across Africa. Payhippo rebrands […]

Samsung Electronics on Tuesday announced the addition of Amharic and Kiswahili to the list of languages supported on its devices. This action is part of the company’s larger plan to improve accessibility and digital inclusivity across Africa, especially in East Africa. Catering to East Africa: Samsung adds Kiswahili and Amharic Samsung intends to incorporate Kiswahili […]

The Presidential Innovation Challenge and Award, a flagship initiative led by President William Ruto, brought together 86 Kenyan startups on Monday to pitch their innovative ideas. This event, organised by the Kenya National Innovation Agency (KeNIA), aimed to provide funding and technical support to startups across various sectors. Innovation sectors and support The challenge focuses […]

The Tunisian government suspended Bolt, a ride-hailing giant, and other similar apps on Monday in response to allegations of tax evasion and money laundering. This decision follows an investigation by the Financial Unit of the National Guard, which uncovered what authorities describe as serious financial misconduct involving these companies. Read also: Nigeria, Estonia strengthen ties […]

Operatives of the Economic and Financial Crimes Commission (EFCC) raided a Ponzi scheme academy in Abuja on Monday and arrested 133 individuals. Following intelligence reports about the academy’s activities, the suspects were apprehended at Compensation Layout in Gwagwalada, Abuja. Read also: EFCC releases full list of Ponzi scheme operators in Nigeria How the Ponzi Scheme […]

Days after receiving its licence as one of the first investment banks in Ethiopia, Wegagen Capital Investment Bank S.C. (WCIB) appointed Brutawit Dawit, a seasoned banker with decades of experience in the financial industry, as its CEO. The announcement was made on Monday. As the CEO of Wegagen Capital Investment Bank, Brutawit Dawit, with 30 years of […]

On March 21, 2025, Safaricom held an investor demo day to celebrate the achievements of nine startups from the inaugural cohort of its Spark Accelerator Program. The program, launched in collaboration with M-PESA Africa and Sumitomo Corporation, aims to empower Kenyan startups through funding, mentorship, and market access. The nine companies showcased innovative solutions across […]

With the rise of video surveillance in Morocco, the National Commission for the Control of Personal Data Protection (CNDP) has launched a nationwide consultation to regulate its use. As security concerns and technological advancements push for increased surveillance, this initiative seeks to establish clear legal guidelines that protect privacy rights while allowing for the responsible […]

On Saturday, March 22, 2025, Tony Elumelu, the Founder of the Tony Elumelu Foundation (TEF), announced a $15 million grant to support 3,000 young entrepreneurs across 52 African countries. This initiative marks the unveiling of the 11th cohort of the TEF Entrepreneurship Programme in Abuja. Each selected entrepreneur will receive a non-refundable seed grant of […]

Italian telecom company Sparkle has expanded its partnership with Al-Bawaba for Telecommunications and Informatics Co., a leading Libyan internet provider. This collaboration aims to improve Libya’s international internet connectivity, making it faster, more stable, and more secure. By combining Sparkle’s global network with Al-Bawaba’s local expertise, the two companies plan to enhance digital services, support […]

The World Bank, in collaboration with Tunisia’s Ministry of Industry, Mines, and Energy (MIME), has announced the need for a technical study for a substantial 350-400 MWp solar project integrated with battery storage (BESS). This initiative underscores Tunisia’s strong dedication to achieving its energy transition goals and proactively tackling its increasing energy deficit. This search […]

Nigerian-born tech entrepreneur Tade Oyerinde has made headlines with his innovative community college startup, Campus, securing $46 million in Series B funding. This investment, announced on March 20, 2025, was led by General Catalyst and brings Campus’s total funding to over $100 million. The funding is a testament to the growing interest in disrupting traditional […]

One of the top fintech businesses in Africa, Flutterwave, announced on Friday the introduction of Ghana Virtual Accounts, a new payment tool that lets Ghanaian consumers use Pay With Bank Transfer (PWBT) to pay merchants. Flutterwave’s objective to streamline payments and open up endless opportunities for businesses throughout Africa is in line with this most […]

On Wednesday, Al Ahli Bank of Kuwait – Egypt (ABK-Egypt) announced the signing of a long-term strategic partnership agreement with Visa, a global leader in digital solutions and payment technology. The partnership aims to provide the newest digital payment technologies to satisfy customer demands, launch cutting-edge products and services for various market segments, and improve […]

On Wednesday, the Royal Academy of Engineering announced that 16 engineering innovators from seven African countries have been shortlisted for the 2025 Africa Prize for Engineering Innovation. This prestigious award, launched in 2014, is the continent’s largest prize dedicated to fostering engineering innovation. Its mission is to stimulate, celebrate, and reward innovation and entrepreneurship across […]