Paystack Expands Virtual Terminal to Côte d’Ivoire, Ghana, Kenya, and South Africa
First introduced in Nigeria in 2021, this solution enables businesses like retail stores, restaurants, and pay-on-delivery services to accept in-person payments on a large scale without any hardware costs.
BYD Partners with Ampersand to Produce 40,000 E-Motorcycles in Rwanda and Kenya
To expand in East Africa, Ampersand will leverage BYD’s expertise in creating smaller, affordable batteries.
Nigeria Partners with SERA and Blue Origin to Send First Citizen to Space
In 2016, Nigeria announced plans to send its first astronaut to space by 2030.
SA’s MobileGPT Unveils KaraboAI: A New “Chatbot-as-a-Service” Platform
KaraboAI integrates smoothly with Google Calendar, WhatsApp, and WooCommerce. It also includes a WordPress plugin for easy management.
Africa Data Centres Secures Over $109 Million for Major Expansion
With this investment, ADC plans to add 20MW to its hyperscale data centre capacity.
Visa Partners with ThriveAgric to Support Thousands of Farmers in Kenya Expansion
ThriveAgric plans to set up accessible hubs in five Kenyan counties: Busia, Homabay, Migori, Nandi, and Narok. These hubs will serve as centres for training and input development.
Lagos State Injects ₦1 Billion into Startup Funding and Innovation Research
This funding aims to diversify the economy, address local challenges, and establish Lagos as a leader in Africa's tech scene.
South Africa Mandates Licenses for Ride-Hailing Services
Previously, these ride-hailing companies operated in a legal grey area, using charter permits and metre taxi licences. Now, they must apply for official licences to operate in South Africa.
FIRS Drops Tax Evasion Charges Against Binance Executives
Despite the dropped tax evasion charges, Gambaryan will remain in custody due to pending money laundering charges from the Economic and Financial Crimes Commission (EFCC).
BlackRock to Withdraw $400 Million iShares ETF from Nigeria and Kenya
iShares explained that its board decided to liquidate the fund due to persistent liquidity problems in some frontier markets.