President Claudia Sheinbaum of Mexico said Wednesday that her government would write to Google, the US tech giant, protesting President Donald Trump’s executive order to rename the Gulf of Mexico as the “Gulf of America.” Sheinbaum spoke at a press conference, stressing that Mexico will not accept the US attempt to rename the body of […]

Cauridor, an Ivorian financial technology startup and a major player in Africa’s fintech industry, addresses the inefficiencies in business payments and remittances by utilising a hybrid approach that blends digital infrastructure with cash networks. To boost its growth, fortify its payment rails, and enter new areas, the company just obtained $3.5 million in early capital. […]

Kenyan telecommunications giant Safaricom has applied to the Communications Authority of Kenya (CA) for approval to construct and operate the country’s first subsea fibre optic cable owned by a telco. If granted, this move would enhance Safaricom’s ability to provide high-speed Internet, reduce reliance on third-party providers, and strengthen network resilience amid increasing competition from […]

The Federal High Court in Ado-Ekiti has dismissed the defamation suit filed against activist and writer, Dele Farotimi. The case, which had attracted significant attention, was formally discontinued following the request of the complainant, Afe Babalola, and the intervention of influential figures, including the Ooni of Ife, Oba Adeyeye Ogunwusi, and former President Olusegun Obasanjo. […]

As TikTok faces mounting scrutiny and potential bans in the U.S., the platform is shifting its focus to thriving markets like Kenya. TikTok is doubling down on its presence in Kenya with two big partnerships—one with Aleph Holdings and another with Wowzi. This move is all about making it easier for businesses to advertise on […]

Meta’s social platform Threads has introduced a media tab and photo tagging feature, expanding its content-sharing capabilities. Announced by Instagram head Adam Mosseri via a Threads post on Thursday, the update, rolling out globally, responds to long-standing user requests and aims to keep Threads competitive against X and Bluesky. Read also: Meta entices TikTok creators […]

The Global System for Mobile Communications Association (GSMA) on Wednesday projected that the 50 percent tariff hike for calls and data will generate at least N1.6 trillion in tax revenue for the Nigerian government and increase the coverage of 4G networks from the baseline 90 percent to 94 percent of the population. According to GSMA, […]

On Wednesday, EFT Corporation, a leading African fintech company, announced the appointment of Farai Tigere as the Managing Director for its Zimbabwe operations.  The appointment supports the company’s plans for national financial inclusion, digital transformation, and economic empowerment. Read also: Zimbabwe’s EcoCash and South Africa’s MTN MoMo partner to simplify cross-border transactions “EFT Corporation is […]

On Wednesday, the Africa Tech Summit announced the finalists for its inaugural awards, which will recognise 55 companies in Africa’s tech industry. Among these finalists are several Nigerian startups, including Flutterwave, OmniRetail, and Sabi, which have been recognised for their innovative contributions in various sectors. Lauren Adair, Director of Africa Tech Summit, was enthusiastic about […]

GIM-UEMOA, a West African regional payment network, and Network International, a renowned Middle Eastern and African payment solutions company, signed an MOU on Wednesday. It would promote financial inclusion and innovation in the eight West African Economic and Monetary Union countries. Combining the talents of the two businesses will help create cutting-edge digital payment solutions […]

M-KOPA, a leading asset financing startup in Kenya, has won a trademark infringement lawsuit against former agent John Waweru Njenga, who operated a business with a name and logo strikingly similar to M-KOPA’s.  The ruling, delivered on January 23, 2024, by High Court Judge Peter Mulwa, reinforces the importance of intellectual property rights in Kenya’s […]

The Zambia government has declared its intention to create an artificial intelligence (AI) system to tackle social media misinformation and disinformation. The goal of this approach is to stop the spread of misleading information regarding government issues by giving citizens access to verified information straight from the government. Percy Chinyama, the national coordinator for SMART […]

Bento Africa, a Nigerian HR-tech platform providing payroll and human resource solutions, is facing uncertainty following the resignation of its CEO, Ebun Okubanjo. The decision, announced on January 30, 2025, comes amid serious financial controversies and challenges in scaling the business in Africa. Bento has paused all transactions, leaving stakeholders questioning its future. Read also: […]

The Abuja Division of the Federal High Court in Abuja on Thursday granted bail to Omoyele Sowore, a prominent pro-democracy campaigner and 2023 presidential candidate for the African Action Congress (AAC), in the sum of N10 million. He must also provide a surety with a bond of the same amount, who must own property within […]

In a world where smallholder farmers face numerous challenges, from unpredictable weather to limited access to financial protection, innovative solutions are crucial for their survival and success. Pula, a pioneering insurtech company, has been at the forefront of providing agricultural insurance to these farmers, helping them build resilience against climate-related risks. On Wednesday, Pula Foundation […]

On Wednesday, LemFi, a London-based startup specialising in international payment services for immigrant communities in the UK, USA, Canada, and Europe, announced that it has secured regulatory approval from the Central Bank of Ireland to acquire the Irish payment firm Bureau Buttercrane. LemFi additionally acquires Bureau Buttercrane’s Payment Institution licence (CBI reference number: C182347), allowing […]

On Wednesday, Moove, an innovative mobility fintech backed by Uber, announced its acquisition of Kovi, a Brazilian urban mobility provider. This strategic move is set to elevate Moove’s annual recurring revenue (ARR) to an impressive $275 million. Co-founded by Ladi Delano and Jide Odunsi, Moove has rapidly expanded since its inception in 2020. Initially launched […]

On Monday, B.TECH, Egypt’s leading omnichannel retailer of consumer electronics and home appliances, announced a groundbreaking partnership with the Egyptian Clothing Bank.  This collaboration aims to sustain winter essentials while creating lasting job opportunities, marking a shift from traditional in-kind donations to a more impactful philanthropy model. The initiative establishes a tailoring workshop that offers […]

The police have formally asked the Federal High Court in Ado-Ekiti to dismiss the defamation case against activist Dele Farotimi. This significant development follows a notice of discontinuance filed on January 29 2025, in which the police sought to end the legal proceedings originally initiated by the Inspector General of Police (IGP) Kayode Egbetokun. The […]

To enhance service delivery and boost citizen engagement, the Zambian government launched the Citizen Support Services Portal on Tuesday. Through this cutting-edge online platform, citizens may report problems, ask for help, and monitor the progress of their requests in real time. Read also: SMART Zambia partners with CBU to drive localised software and systems development […]