AFRICAN TRADE LESS THAN 3% DESPITE AfCFTA

A report on the assessment of progress on regional integration in Africa revealed that African nations trade more with countries outside the continent than...

MASTERCARD AND MTN GROUP PARTNERS TO ADVANCE DIGITAL PAYMENT IN AFRICA

To provide digital tools for safe mobile payments to millions of people and small companies throughout Africa, Mastercard and MTN Group have signed a...

UBER CEO, DARA KHOSROWSHAHI, AWARDED $136 MILLION IN STOCK OPTIONS

Following achieving a performance target intended to secure a $120 billion valuation for the ride-hailing company, Uber's Chief Executive Officer, Dara Khosrowshahi, was granted...

CANAL+ FACES MANDATORY OFFER FOR MULTICHOICE SHARES IN SOUTH AFRICA

After Canal+'s ownership holding in MultiChoice crossed the 35% mark, the Takeover Regulation Panel (TRP) of South Africa mandated that the French broadcaster proceed...

IDICE FUND WILL DRIVE ECONOMIC EXPANSION – MINISTER

Hannatu Musawa, the Minister of Arts, Culture, and the Creative Economy, expressed confidence that the $617 million investment in the Digital Economy and Creative...

WEMABOD FINALIZES N50 BILLION BOND

Wemabod, a real estate firm, has signed the 'Wemabod Financing SPV Limited N50bn Bond Issuance Programme'. Speaking at the signing event in Lagos, Wemabod's...

CYBERATTACK HITS MICROSTRATEGY’S TWITTER (X) ACCOUNT, RESULTS IN LOSS OF $440,000

Renowned for having substantial Bitcoin holdings, MicroStrategy Inc. was the target of a phishing assault on its X account, which cost unwary users $440,000. According...

UBER EYES $100 MILLION INVESTMENT IN NIGERIAN FINTECH, MOOVE

Uber targets an investment of up to $100 million in Nigerian fintech company Moove. This prospective infusion, if finished, would represent a gigantic leap...

MASTERCARD AND AWASH BANK PARTNERS TO DRIVE SEAMLESS TRANSACTION IN ETHIOPIA

Mastercard and Awash Bank, an Ethiopian commercial bank, introduced a new international prepaid card and Payment Gateway Service at a press conference held at...

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