Latest News
Admaius Capital Partners, a leading pan‑African private equity firm, together with Dr. Sherif Bassiouny, Chairman…
If you’ve ever tried juggling a research paper, literature review, citations, and LaTeX documents all…
Amazon is officially stepping back from its physical grocery and cashierless convenience store experiments. The…
Pinterest has announced plans to lay off nearly 15% of its global workforce as it…
Egyptian fintech company Valu has entered into a significant short‑term financing agreement worth up to…
Google has reached a tentative agreement to pay $68 million to settle a long-standing class-action…
The Lagos State Government has announced a strategic partnership with MTN Nigeria to redevelop the…
Alongside the release of iOS 26.2.1, Apple has rolled out a new update for older…
Anthropic has officially launched a new suite of interactive Claude apps, transforming its AI assistant…
Meta is facing fresh legal trouble following a lawsuit that accuses the company of making…
The European Union has officially classified WhatsApp as a Very Large Online Platform (VLOP) under…
Zest Payments Limited, a Nigerian fintech company, is helping strengthen this foundation through a strategic…
eYouth, the Egyptian‑founded regional edtech company and one of the Middle East and Africa’s leading…
After nearly two decades of restrictions that prevented Nigerians from receiving PayPal payments, the global…
PRODUCTS
Business
Admaius Capital Partners, a leading pan‑African private equity firm, together with Dr. Sherif Bassiouny, Chairman of Parkville Pharmaceuticals, and Dr. Mahmoud Farrag, CEO of Parkville, has entered into definitive agreements to sell a majority stake in Parkville Pharmaceuticals to Adenia Partners. Upon completion, this transaction will mark the first exit…
Egyptian fintech company Valu has entered into a significant short‑term financing agreement worth up to EGP 3 billion (US$63.6 million) with the National Bank of Egypt (NBE), marking another major milestone in its expansion strategy. Founded in 2017, Valu has grown into one of the region’s leading lifestyle‑enabling fintech platforms,…
BoxCommerce, a technology platform built to simplify and strengthen online selling for local businesses, has announced a major step forward in its mission to empower small and medium‑sized enterprises (SMEs). The company has partnered with Mastercard to launch a new prepaid payment solution that provides SMEs with fast, secure, and…
Barloworld, the long‑standing JSE‑listed industrial group and Southern Africa’s exclusive distributor of Caterpillar construction and mining equipment, has officially been taken over by a consortium led by Saudi Arabia’s Zahid Group. The transaction marks a major turning point in the company’s history, with Barloworld now preparing to delist from both…
Partners
Startup
eYouth, the Egyptian‑founded regional edtech company and one of the Middle East and Africa’s leading…
South African startup Andi On Demand has officially launched its on‑demand services platform, aiming to…
Nigerian startup IyeOgé is preparing to debut what it describes as Africa’s first AI‑powered luxury…
Egyptian startup KNOT Technologies has secured a US$1 million pre‑seed investment, with leading early‑stage investor…
Chipper has achieved an important milestone: its first-ever quarter of positive Free Cash Flow. For…
Ten years ago, two friends in a Lagos apartment set out to fix the troubled…
people
Standard Chartered has announced the appointment of Dalu Ajene as the new Chief Executive Officer…
Nigerian chef Hilda Baci has been recognised as a three-time Guinness World Record holder for…
International Breweries (IBPLC) Hands Over to Nicholas Kade After Coutino’s Turnaround Run
International Breweries Plc (IBPLC) is pleased to announce that Nicholas Kade will be the new…
RMB Ventures has announced the appointment of Amina Pahad as its new Chief Executive Officer,…
Safaricom, Kenya’s largest telecommunications company, has appointed Sylvia Anampiu as the new Director of Fixed…
Taiwanese authorities have issued an arrest warrant for Pete Lau, CEO of China-based smartphone manufacturer…
Cryptocurrency
The Economic and Financial Crimes Commission (EFCC) has exposed a massive financial fraud scheme involving…
Fintech startup OneDosh has raised $3 million in pre-seed funding to develop a stablecoin-powered payments…
Learning from hacks Ever since cryptocurrencies emerged as a global force there has been concern…
Nigeria’s SEC Raises Minimum Capital Requirements for Fund Managers, Brokers, and Fintechs
The Securities and Exchange Commission (SEC) has announced a major increase in the minimum capital…
African payments startup NALA has entered into a strategic partnership with global payments infrastructure provider…
Visa is actively working to integrate stablecoins into its existing payment infrastructure, aiming to maintain…