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SpaceX And South Africa Clash Over Satellite Licensing
Tech

SpaceX And South Africa Clash Over Satellite Licensing

Negotiations between SpaceX and South Africa regarding the licensing of the Starlink satellite service have hit...

Nigerian Banking Stocks Surge 12.24% Amid Capital Raises And Investor Optimism
Business

Nigerian Banking Stocks Surge 12.24% Amid Capital Raises And Investor Optimism

Nigerian banking stocks have experienced a significant surge, climbing 12.24% since January 7, as major lenders...

Mavin Records To Lead Universal Music Group’s Operations In Nigeria
MusicBusiness

Mavin Records To Lead Universal Music Group’s Operations In Nigeria

Mavin Records, one of Africa’s most influential music companies, is set to play a bigger role...

Warner Music Group Finalizes Full Acquisition Of Africori
MusicBusiness

Warner Music Group Finalizes Full Acquisition Of Africori

Warner Music Group (WMG) has officially completed its acquisition of Africori, a leading African digital music...

Raenest Secures $11 Million Series A Funding To Expand Into US And Egypt
StartupsTech

Raenest Secures $11 Million Series A Funding To Expand Into US And Egypt

Raenest, a Nigerian fintech startup offering multi-currency accounts for individuals and businesses across Africa, has raised...

Meta To Lay Off About 100 Employees In Africa As Part Of 3,000 Global Cuts
Tech

Meta To Lay Off About 100 Employees In Africa As Part Of 3,000 Global Cuts

Meta is set to lay off 3,000 employees across Africa, Europe, and Asia, starting today, Monday,...

Warner Music and Audiomack
MusicBusiness

Warner Music And Audiomack Expand Licensing Deal To 17 New African Countries

Warner Music Group (WMG) and Audiomack have announced the expansion of their licensing agreement, bringing WMG’s...

Stitch money team
Startups

South Africa’s Stitch Acquires Exipay, Rebranding It into ‘Stitch In-Person Payments’

Stitch, a South African fintech company, has announced its acquisition of Exipay, a payment solution provider,...

Novastar Ventures Invests $3.5M In Sistema.bio To Revolutionize Renewable Energy For African Farmers
Startups

Novastar Ventures Invests $3.5M In Sistema.bio To Revolutionize Renewable Energy For African Farmers

Sistema.bio, a Nairobi-based renewable energy company, has secured $3.5 million in funding from Novastar Ventures as...

LemFi Raises $53 Million To Expand Remittance Services Across Europe
Startups

LemFi Raises $53 Million To Expand Remittance Services Across Europe

LemFi, a Nigerian fintech company focusing on cross-border remittance services, has secured $53 million in funding,...