Technology

Saudi firm sold xAI stake
Hot NewsTechnology

Why Saudi firm sold its entire stake in Elon Musk’s AI firm for $4.2 million

Saudi IT firm MIS sold its xAI stake for $4.24 million, tripling a $1 million bet and signaling disciplined, timing-driven…

Feyisayo Ajayi Feyisayo Ajayi
Karm Holding bets big on solar energy
Hot NewsTechnology

Egypt’s Karm Holding plans $610 million renewable energy push in Egypt

Egypt’s Karm Holding plans a $610 million investment to expand solar power and transmission networks by 2030, ahead of a…

Feyisayo Ajayi Feyisayo Ajayi
xAI Series E funding
Hot NewsTechnology

Grok’s parent company raises $20 billion in Series E round

xAI, founded by Elon Musk, raised $20 billion in a Series E round, beating targets and drawing U.S. and Middle…

Feyisayo Ajayi Feyisayo Ajayi
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AI’s rise is reshaping how tech companies structure and manage their workforce. 
Artificial Intelligence

Meta and xAI cut jobs as AI investment reshapes global tech workforce

The rapid expansion of artificial intelligence is beginning to reshape the global technology workforce, prompting some of the world’s biggest tech companies to rethink hiring, spending and product development.  Fresh restructuring at Meta Platforms and xAI shows how heavy investment in AI is now influencing staffing decisions across Silicon Valley and the wider tech sector.  Companies are pouring billions of dollars into AI models, data centers and specialized computing infrastructure. At the same time, executives are under pressure to control…

Oluwatosin Alao Oluwatosin Alao
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Aicha Evans

Senegalese-American executive Aicha Evans’ Zoox taps Uber to offer robotaxi rides in Las Vegas and LA

Aicha Evans’ Zoox partners with Uber to launch driverless robotaxis in Las Vegas this summer and Los Angeles in 2027.

Omokolade Ajayi Omokolade Ajayi
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World Bank
Broadband expansion Africa

World Bank unveils $137 million plan to boost broadband, digital jobs in West Africa

West Africa set for digital boost with World Bank’s $137 million broadband initiative

Timilehin Adejumobi Timilehin Adejumobi
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TikTok invests $200K to strengthen AI literacy efforts in Sub-Saharan Africa
AI literacy

TikTok boosts AI literacy in Sub-Saharan Africa with $200,000 investment

TikTok is stepping up efforts to improve artificial intelligence literacy across Sub-Saharan Africa, pledging an additional $200,000 in advertising credits to support organizations teaching users how to better understand AI-generated media.  The funding reflects growing concern among governments, technology companies and educators about how quickly artificial intelligence tools are spreading across social media. As more Africans come online—many of them young users—questions about misinformation, deepfakes and digital safety are becoming harder to ignore.  The announcement came during the third Sub-Saharan…

Oluwatosin Alao Oluwatosin Alao
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Liquid C2, CyberCoach partner to boost cybersecurity for African businesses
AI cybersecurity training

Liquid C2, CyberCoach partner to boost cybersecurity for African businesses   

Liquid C2 partners with CyberCoach to boost cybersecurity across Africa.

Timilehin Adejumobi Timilehin Adejumobi
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Featured

Naspers shares rise after 20% slump, market cap hits $44 billion

Shares of Naspers rebound after a 20 percent slump, lifting market value above $44 billion as investor confidence returns.

Omokolade Ajayi Omokolade Ajayi
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Vodacom unveils 2026 SDG Innovation Accelerator to back African startups
African startups

Vodacom opens 2026 SDG Innovation Accelerator for African innovators

Africa’s push to grow home-grown technology solutions is drawing stronger support from major companies investing in young talent and new ideas. Telecommunications operator Vodacom Group is the latest to deepen that effort with the launch of the 2026 SDG Innovation Accelerator, a program aimed at helping professionals develop practical solutions to social and economic challenges.  The initiative is part of a partnership with the United Nations Global Compact and was officially opened at Vodacom World. The new cohort brings together…

Oluwatosin Alao Oluwatosin Alao
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Google expands AI Search support to 13 widely spoken African languages
African languages

Google brings AI-powered Search to 13 African languages

Google is expanding access to artificial intelligence across Africa by adding support for 13 widely spoken African languages to its AI-powered Search tools.  The update allows people to search, ask questions and receive AI-generated answers in languages they use every day, including Kiswahili, Somali, Hausa, Yorùbá and isiZulu.  For millions of internet users across the continent, the change goes beyond a simple software update. It opens the door to using AI tools in local languages, making it easier for students,…

Oluwatosin Alao Oluwatosin Alao
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Egypt FRA approves Al Ahly Green Agricultural Investment Fund Company
agriculture investment

Egypt’s FRA approves first private equity fund for agriculture

Egypt is expanding investment opportunities to support productive sectors of its economy. The Financial Regulatory Authority (Egypt) has approved the establishment of the Al Ahly Green Agricultural Investment Fund Company. The approval marks the country’s first private equity fund dedicated primarily to agriculture.  Officials say the initiative reflects growing investor interest in sustainable food production and long-term economic opportunities. The fund aims to provide a regulated platform for channeling capital into agricultural projects, farming innovation, and related services.  Agriculture remains…

Oluwatosin Alao Oluwatosin Alao
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