Interswitch has returned to profitability, posting a pre-tax profit of N23 billion in 2025 after recording a N1.6 billion loss the previous year. This is a significant turnaround for one of Africa’s ...

SpaceXAI and OpenAI, two of the AI industry’s most-watched labs, shipped competing frontier models within 24 hours of each other, turning a routine release week into a referendum on price, speed and ...

Google and British-Sierra Leonean actor Idris Elba are teaming up on a $1 million initiative to equip African content creators with artificial intelligence tools. The program will cover the cost of ...

In a country where modern economic history is written in the harsh ink of currency volatility, digital assets stopped being a speculative gamble; they became a financial necessity. After years of ...

Moroccan property technology startup Agenz has successfully secured a $5 million seed round, co-led by the Paris-based venture firm Breega, Attijariwafa Ventures (the corporate investment arm of North ...

A few days ago, global comic sensation Trevor Noah set Nigerian social media talking after he claimed that e-hailing drivers in Nigeria once gamed a promotional model introduced by the ride-hailing ...

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PayPal has frozen funds and restricted access to an unknown number of Kenyan accounts after tightening its anti-money laundering and compliance checks, leaving freelancers, online sellers, startups, ...

African electric mobility company Spiro has raised $215 million in a new equity round backed by Impact Fund Denmark and Equitane, in what is one of the largest single raises for an electric vehicle ...

Metro Africa Xpress (MAX), a leading electric mobility platform in Africa, has secured $8 million in funding. This was disclosed in a statement seen by Technext. The round, which comes in the form of ...

Ethiopian electric mobility startup Dodai has raised $13 million in Series A funding to expand its battery-swapping infrastructure for electric motorcycles, as international investors increase their ...

Nearly 60% of South Africa’s $320.5 million (R5.3 billion) yearly loss in the telecoms sector is driven by SIM swap. This is according to former Vodacom Chief Risk Officer Johan Van Graan during an ...