Spotify, the global audio streaming giant, has announced a significant price hike for Premium subscribers in Nigeria, raising the cost by over 40%
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South Africa’s Competition Commission has approved a significant transaction that allows MultiChoice to sell 60% of its insurance subsidiary
On October 2, 2024, the Central Bank of Nigeria (CBN) announced a major shake-up in the way foreign exchange (forex) transactions will be conducted in the Nigerian market. If you’ve ever wondered why forex seems so confusing—or why it sometimes feels like it works against the everyday person—this new system, called the Electronic Foreign Exchange…
The National Identity Management Commission (NIMC) has announced that data modifications for National Identification Numbers (NIN) can now only be processed through its self-service modification portal. Effective immediately, modifications are no longer available at NIN enrollment centres across the country
Stakeholders are optimistic about the role artificial intelligence (AI) can play in advancing Nigeria’s robotics industry, a sector projected to reach $288.60 million in revenue by 2024
South Africa has taken a significant step toward sustainable public transport with the launch of its first electric minibus taxi model, eKamva, at the Smarter Mobility Africa summit.
Nigeria’s $1.5 million AI fund, backed by Luminate, marks a significant step toward building a robust and sustainable AI ecosystem. With initiatives focused on both infrastructure and talent development, the government’s strategic investments in AI and digital technologies are set to drive long-term economic growth
Elon Musk's artificial intelligence venture, xAI, has officially moved into its new office in San Francisco’s Mission district, a location with unique significance in the AI world. The building, which once served as the headquarters for Musk’s former company, OpenAI, now houses his latest AI endeavor. According to the San Francisco Business Times, this move…
Lesaka’s Strategic Acquisition Lesaka Technologies, a Nasdaq-listed fintech company, has officially completed the acquisition of fellow fintech firm Adumo for $96 million. The deal, which includes $13 million in cash, marks a significant step in Lesaka’s growth strategy as it strengthens its foothold in the Southern African fintech market
