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 […]

On Thursday, Oracle announced a groundbreaking partnership with Starlink, SpaceX’s satellite internet service, to enhance global broadband access for its Enterprise Communications Platform (ECP).  This collaboration aims to deliver high-speed and secure communications to Oracle’s extensive portfolio of applications, enabling users to connect from even the most remote regions. Read also: Starlink launches services in […]

According to industry figures published on Friday by the Communications Authority (CA), Airtel Money‘s market share increased somewhat from 6.6 per cent in the last quarter of 2023/2024 to 7.6 per cent in the three months leading up to September 2024. In the mobile money industry, Safaricom’s M-Pesa remained the market leader, but its market […]

The Africa Energy Summit 2025 has commenced in Dar es Salaam, Tanzania, with a focus on addressing Africa’s critical energy access and sustainability challenges. Under the theme “Mission 300,” the summit aims to provide reliable, affordable, and sustainable electricity to 300 million Africans by 2030. The gathering has brought together African Heads of State, business […]

DORU.CO, an innovative fintech platform, has unveiled its new suite of services, offering secure crypto custody, ISO20022-compliant cross-border payments, and an over-the-counter (OTC) desk for seamless fiat and crypto transactions. Designed for a global audience, the platform aims to simplify digital asset management and international transfers while ensuring security and compliance. Read also: NjiaPay secures […]

The Algerian Ministry of National Education has launched “فضاء الأولياء” (Awliya Space), an online platform designed to strengthen collaboration between schools and parents for the 2024-2025 academic year. This initiative aims to enhance parental engagement in their children’s education by facilitating seamless communication and access to essential academic services. Read also: Algerian government launches tax […]

In a groundbreaking achievement, Nigerian cyclist Sekinat Taiwo has set a new Guinness World Record for the longest distance covered by an electric auto-rickshaw in 12 hours.  On Monday, Taiwo covered an impressive 347 kilometres using Qoray Mobility’s teak electric vehicle (EV), surpassing the previous record of 250 kilometres. The attempt took place at Lagos’ […]

Google announced on January 27, 2025, that it would change the Gulf of Mexico‘s name on Google Maps to “Gulf of America” for users in the United States, a move that caused criticism and confusion. This decision comes after President Donald Trump issued an executive order to change the names of several important physical features, […]

The Nigerian Communications Commission (NCC) has authorised a 50% increase in cellular rates, sparking public discussion and economic research. This decision could free up over $150 million in investments to grow Nigeria’s mobile network. This tariff adjustment, the first in over a decade, aims to address the financial strains faced by telecom companies due to […]

The National Data Protection Commission (NDPC) has made the audacious claim that Nigeria’s data privacy ecosystem can propel a trillion-dollar economy, highlighting the potential of the country’s emerging digital economy. This assertion was highlighted in recent discussions and social media posts, emphasising data protection’s critical role in economic development. Read also: NDPC unveils National Certification […]

In a significant boost to Nigeria’s energy sector, President Bola Tinubu has announced that the Nigeria-Grid Battery Energy Storage System will receive a $500 million facility from the African Development Bank (AfDB). This announcement was made during President Tinubu’s participation in the Mission 300 Africa Energy Summit in Tanzania on January 28th, 2025, emphasising Nigeria’s […]

Jos Leijdekkers, listed among Europe’s most-wanted drug lords for a slew of charges —ranging from cocaine trafficking to armed robbery— was captured  at the New Year’s crossover in a church in  Tihun, Sierra Leone. according to a video shared by First Lady Fatima Maada Bio via Facebook.   Reuters analysed the footage and confirmed Leijdekkers’s […]

In a region where e-commerce is rapidly evolving, Paymob and Woo’s partnership is set to revolutionise how businesses operate online.  This strategic alliance, announced on Wednesday, aims to empower merchants in the Middle East and North Africa (MENA) with seamless payment solutions, enabling them to scale their businesses more effectively. Read also: Paymob introduces Apple […]

Moniepoint Inc., a leading digital financial services provider, launched a groundbreaking initiative called DreamDevs to bolster Africa’s burgeoning tech industry. This ambitious program seeks to unleash Africa’s innovation potential by developing the best minds on the continent, giving them useful tech skills and priceless real-world experience. Read also: Moniepoint, Visa partner to foster SMEs’ growth […]

The cutting-edge AI technology from Chinese startup DeepSeek has been referred to by US President Donald Trump as a “wakeup call” for American businesses. During his speech in Florida on Monday, Trump emphasised the importance of DeepSeek’s faster and less expensive AI techniques, speculating that they would help the US IT sector gain a competitive […]

Global technology markets extended their downward spiral on Tuesday, worsening a selloff spurred by the emergence of DeepSeek, a low-cost Chinese AI disruptor. Investors around the world are still worried following Monday’s crash, which saw Nvidia suffer a historic $593 billion one-day fall in market value. The ripple effect wiped billions off tech values across […]