CEO and billionaire Pavel Durov of Telegram, who was detained at a Paris airport on suspicion of crimes relating to his well-known messaging app, is scheduled to appear in court on Sunday, according to AFP sources. After the French-Russian billionaire, 39, was apprehended on Saturday night at Le Bourget airport, Russia has accused France of […]

Africa Creative Market (ACM) 3.0, the continent’s premier creative event, will take place from September 17th to 20th, 2024, at the Landmark Event Centre, Lagos, under the theme “Innovation Meets Imagination.” Organised by Ascend Studios Foundation, the event will gather over 10,000 attendees from 25 countries.  This year’s edition will bring together creative visionaries, emerging […]

Duplo, the leading provider of payment, spend, and vendor management solutions for African businesses, predicts that changing global trade patterns and new payment solutions will boost cross-border B2B payments in Africa and unlock the full potential of intra- and extra-continental trade. The third of Duplo’s annual B2B payment report, “The State of Cross-Border B2B Payments […]

Through creative job coaching and mentoring, Marketlyhub, a fast-growing startup, wants to connect and empower 3000 migrants and ethnic minorities by 2027. As an experienced product marketer and digital project manager, Edward Enejoh started Marketlyhub out of his love for business. It is changing the job market in Africa and the UK. For over a […]

Following negotiations between President Yoweri Museveni and the South Korean company community owning HINENI Ltd over the opening of a new plant to produce electric batteries and components in Uganda, Uganda’s motor vehicle sector is poised for a significant take-off. These very ambitious ideas seek to align Uganda’s automotive sector with Kiira Motors Corporation’s mission. […]

Following the social media giant’s announcement of planned worldwide layoffs in June 2024, several staff members on the TikTok African team were let go. According to someone who knows the situation, the ByteDance-owned company eliminated a few positions from the African team in March before informing staff members about the impending layoffs in May. According […]

Egypt increasingly claims to be a vital participant in the world energy scene. With its most recent action to increase electricity exports to Asia, the nation is showing a calculated change that is strengthening its economy and positioning itself as a significant energy hub between Africa, Europe, and Asia.  This development indicates Egypt’s increasing capacity […]

Susan Wojcicki, the former CEO of YouTube, died yesterday, August 9, 2024. She was a well-known person in the tech world; She died at 56. Her death ended an era for the global video platform she helped build. Many people in the tech business look up to her and how she changed things at YouTube. […]

Artificial intelligence (AI) is undoubtedly advancing quickly; from ChatGPT-3.5, which astounded us in 2022, to Sora and GPT-4o, which have left people perplexed, there’s no denying it. While AI continues to advance, it’s safe to conclude that Africa has yet to advance. Even though several nations, like Nigeria, have developed programmes and regulations to further […]

Norway has announced a substantial investment of $307 million through Norfund to enhance Kenya’s e-mobility sector.  This strategic investment is set to revolutionise the public transportation landscape in Kenya, facilitating the deployment of 1,000 electric buses and creating 300 jobs. The initiative promises to reduce carbon emissions, foster economic growth, and pave the way for […]

In a remarkable display of talent and dedication, six exceptional students from Nigeria are set to represent their country at the prestigious 2024 Microsoft Office Specialist World Championship (MOSWC) in Disneyland, Anaheim, California, USA.  These young tech prodigies from various secondary schools across Lagos and Ogun states have proven their mettle in a rigorous competition […]

The global adoption of AI by organisations has increased dramatically, from 55% in 2023 to 72% in 2024, according to a global survey conducted by consulting firm McKinsey. According to the research, 2024 has been the year of acceptance for AI, although 2023 may be considered the year of AI discovery for many firms worldwide. […]

South Africa’s fintech sector is experiencing rapid growth and attracting significant investment, solidifying the country’s position as a leader in African financial innovation. According to Antonia Bothner, Capital Markets Lead at Endeavor SA, an entrepreneurship network, the market is moving away from cash-based transactions, which still dominate much of Africa. This shift creates substantial opportunities […]