Nigerian court blocks sale of 54gene’s assets, as founder claims investor wrongdoing
In Lagos, the Federal High Court blocks the sale of 54gene’s assets, preserving the integrity of
MTN Nigeria’s net income grows 180%, hits N414.9bn in H1 2025
The country’s largest telecom operator, with 84.7 million subscribers, MTN Nigeria’s net income grows 180%, reaching
Airtel Africa grows revenue in Q2 2025, but pulls back on capex
Airtel Africa grows revenue in Q2 2025, but the telecom operator is cutting back on infrastructure
SORA joins Africa’s $12 billion fight against malaria with AI-powered drones
SORA Technology, a Japan-based drone and aerial technology company, is scaling its footprint across Africa with
CAC defends new AI portal amidst complaints
The Corporate Affairs Commission said a major AI-driven website upgrade led to a record 11,000 companies
Nigeria’s inflation slows in third consecutive month to 22.22%
Nigeria’s inflation slows in third consecutive month, slowing sharply to 22.22% in June, a figure that
South African PE fund to acquire 35% stake in Kenya’s Mawingu Networks
Pembani Remgro Infrastructure Fund II (PRIF II), a South African PE fund to acquire a 35%
Mediamax to lay off undisclosed number of employees
Parent company of K24 TV and People Daily, Mediamax, to lay off undisclosed number of employees,
Safaricom CEO Peter Ndegwa increases stake to $1.73 million
Safaricom CEO Peter Ndegwa has increased his stake in the telecom giant by 40% to 8.7
Engage Capital bids $24.5 million to acquire Lipa Later
Kenyan-focused venture capital firm, Engage Capital, bids $24.5 million to acquire Lipa Later, a Kenyan buy-now-pay-later
