Pi Coin’s highly anticipated launch has quickly turned into a rollercoaster ride, as the cryptocurrency’s price crashed dramatically within just 24 hours of going live. After years of promises, delays, and growing expectations, the digital asset saw its value plummet from $2 to $0.80, a 60 percent decrease that has raised questions about its future […]

Ethio Telecom on Wednesday announced a strategic partnership with the Jimma City Administration to establish a Smart City initiative, which is a major milestone in the city’s digital transformation. This is coming after the rollout of its 5G network in Jimma City On Monday. With a comprehensive digital solution that includes cloud infrastructure, a call […]

The Zambian government has introduced the Public Service Change Management Framework, a major step towards improving service delivery and digital transformation. The e-Government Division (SMART Zambia Institute) was commended for its efforts to transform access to government services through digital means by Secretary to the Cabinet Patrick Kangwa, who oversaw the launch. Mr Kangwa emphasised […]

Algeria is taking bold steps to enhance its digital economy with the launch of an 1.5 billion dinar ($11 million) investment fund aimed at supporting startups in artificial intelligence (AI), cybersecurity, and robotics.  Announced by Algeria’s state-owned telecom company, Algérie Télécom, during the CTO Forum Algeria, this initiative is part of the country’s national strategy […]

Vendease, a Y Combinator-backed food procurement startup operating in six Nigerian cities, has implemented its second round of layoffs in five months. The announcement on Wednesday is part of a restructuring effort to achieve profitability and extend the company’s financial runway as it seeks to close a Series A extension round. Read also: OceanHub Africa […]

According to a report released on Wednesday, Niantic, the developer of the globally popular augmented reality game Pokémon GO, is in negotiations to transfer its gaming division to Scopely Inc., a company owned by Saudi Arabia’s Savvy Games Group. According to sources involved in the discussions, this possible agreement is estimated to be worth around […]

On Wednesday, Ibrahim Ibitade, the former CEO of Leatherback, launched Prune Payments, a cross-border payments company. This move comes months after Ibitade stepped down from his role at Leatherback, a company he co-founded. Read also: Nib International Bank launches Amber Pay, Paystream to enhance payment, business transactions Ibitade left Leatherback to prioritise family life Ibitade […]

On Wednesday, Mastercard and Tamara, a leading fintech platform in the Gulf Cooperation Council(GCC) specialising in shopping, payments, and banking, announced a partnership to launch a virtual card in the UAE. This card enhances the region’s split payment ecosystem, offering consumers flexible digital payment options to meet increasing demand in the UAE. Read also: Dashen […]

Libya’s Minister of Transport, Mohamed Al-Shahoubi, has confirmed that the country’s airports have passed an important audit conducted by the Arab Civil Aviation Organization and the International Civil Aviation Organization (ICAO). The audit, which assessed the compliance of Tripoli’s Mitiga and Misrata airports, yielded positive results, reflecting progress in Libya’s civil aviation sector. Read also: […]

At the Inaugural Economic Policy Conference for Emerging Market Economies which took place from February 16 to 17, organised by the Ministry of Finance, Saudi Arabia, and the International Monetary Fund (IMF) Regional Office in Riyadh, CBN Governor, Olayemi Cardoso highlighted the importance of technology in enhancing financial inclusion in Nigeria. Through tech-driven solutions and […]

South Africa’s Fintech company, EFT Corporation on Tuesday announced the deployment of an open-loop, cloud-based payment system for Electronic Vehicle (EV) charging stations, thereby setting the benchmark for payment innovation in South Africa’s rapidly growing new energy vehicle sector. EFT Corporation promised to expand the electric transportation industry by making EV charging stations more user-friendly […]

One of the top private banks in Ethiopia, Dashen Bank, has teamed up with the Mastercard Centre for Inclusive Growth and the international NGO Accion, to provide small companies with digital financial services tailored to their financing requirements. Through a variety of new products and an emphasis on women-owned businesses, Accion is helping Dashen Bank […]

On Monday, PayPal, a well-known worldwide provider of payment solutions, and e& Enterprise, the company’s digital transformation arm, announced a strategic three-year partnership that will expand the payment options available to businesses in the United Arab Emirates and beyond. This new agreement guarantees a smooth adoption process for businesses, enabling the PayPal wallet as a […]

An agreement has been signed by Bank Nizwa, a prominent Islamic bank in the Sultanate of Oman, and Network International LLC (Network), a leading facilitator of digital commerce in the Middle East and Africa, to support and improve the Bank’s compliance initiatives for its online banking clients. In order to further improve its compliance delivery […]

Murat Cagri Suzer was named Network International’s Group Chief Executive Officer (GCEO) on Monday. He will be based in Dubai, location of Network International head office to drive the company’s expansion plan. Under his direction, Network International will keep opening up new doors by providing customer-focused fintech solutions that are scalable, safe, and seamless, enabling […]

Apple has unveiled the iPhone 16e, a new model designed to incorporate advanced artificial intelligence features at a more accessible price point.  The iPhone 16e, announced on Tuesday, is priced at $599, making it an attractive option for consumers seeking powerful technology without the premium cost associated with higher-end models. Read also: Apple ditches DeepSeek […]

Nigeria and Algeria are set to enhance regional air travel connectivity by launching a new flight route under the Bilateral Air Service Agreement (BASA). Scheduled to commence on April 6, this initiative marks a significant step in strengthening diplomatic and economic relations between the two nations. The agreement was confirmed during a meeting in Abuja […]

The International Food Policy Research Institute (IFPRI) announced the launch of a new Power BI platform designed to make Sudan’s urban household data publicly accessible. This initiative, developed in collaboration with the United Nations Development Programme (UNDP), marks a significant step in enhancing data-driven decision-making for policymakers, researchers, and development organisations. Read also: South Sudan […]

Kuda Technologies, a leading Nigerian and UK fintech platform, has been sued for gender discrimination and wrongful termination. The company former Group Chief People Officer (CPO), Rosemary Hewat, Kuda’s filed a lawsuit against the Nigerian fintech firm Kuda Technologies and its CEO, Babatunde Ogundeyi, alleging gender discrimination, wrongful termination, and a toxic work environment. The […]

Mira Murati, the former Chief Technology Officer at OpenAI, has launched Thinking Machines Lab, a new artificial intelligence startup. The San Francisco-based company, announced on Tuesday, aims to create AI systems that are more accessible, customisable, and capable across a broader range of applications. Read also: Amid political pressures, OpenAI scrubs diversity commitment from web […]