Tag: Technology

Yvonne Bajela, British-Ghanaian tech backer, secures $17 million debut fund

Yvonne Bajela launches Evertrue Capital with an oversubscribed $17 million fund to back early-stage startups across the UK and Europe.

Omokolade Ajayi Omokolade Ajayi

MTN Nigeria profit leaps 55% to $865 million in 9M 2026 on data boom

MTN Nigeria's 9M 2026 profit jumped 55% to $865 million as data revenue surged, driving record shareholder dividend payouts.

Omokolade Ajayi Omokolade Ajayi

MTN Ghana posts $665 million nine-month profit as earnings surge 43%

MTN Ghana's nine-month profit jumped 43 percent to $665.7 million as data revenue and mobile money operations fuelled growth in 2026.

Omokolade Ajayi Omokolade Ajayi

South Africa’s Advtech bets on AI as it acquires 25% stake in MathU

Advtech has acquired a 25% stake in edtech startup MathU, securing exclusive rights to proprietary AI tools across its private school network.

Omokolade Ajayi Omokolade Ajayi

Mr Eazi’s PawaPay wins Mozambique licence in push to grow across Africa

Mr Eazi-backed PawaPay secures a Mozambique licence, expanding to 24 African markets and targeting merchants across the mobile money sector.

Omokolade Ajayi Omokolade Ajayi

Elon Musk’s fortune drops below $1 trillion after $37 billion loss

Elon Musk’s fortune fell to $987 billion after a $37.1 billion loss, as declines in SpaceX and Tesla shares ended his latest run above $1 trillion.

Omokolade Ajayi Omokolade Ajayi

Moove exits Nigeria months after hitting $2.1B valuation, hands drivers $26M fleet

Moove is exiting Nigeria after reaching a $2.1 billion valuation, transferring a $26.3 million vehicle fleet to eligible drivers as it pivots to autonomous mobility.

Omokolade Ajayi Omokolade Ajayi

Airtel Money could file for London IPO Wednesday at up to $9 billion valuation

Airtel Money could file for a London IPO Wednesday at an $8 billion to $9 billion valuation, seeking at least $800 million.

Omokolade Ajayi Omokolade Ajayi

Airtel Money slashes London IPO target to $800M as investors balk at valuation

Airtel Africa has cut its London listing target for Airtel Money to $800 million, down sharply from an earlier goal of raising up to $2 billion.

Omokolade Ajayi Omokolade Ajayi

With Nigerian billionaire Adebayo Ogunlesi on board, OpenAI eyes $1.2T valuation

OpenAI is in early funding talks at a valuation above $1.2 trillion, putting Nigerian billionaire Adebayo Ogunlesi’s board role in focus.

Omokolade Ajayi Omokolade Ajayi

Mr Eazi’s payments company, PawaPay, nears 4 billion transactions

Mr Eazi’s PawaPay nears 4 billion transactions as the fintech expands mobile money payments across more than 20 African markets.

Omokolade Ajayi Omokolade Ajayi

Ethiopia slashes power to Bitcoin miners as El Niño hurts dams

Ethiopia has cut power supplies to Bitcoin miners to 23% of contracted levels as drought reduces hydropower generation.

Omokolade Ajayi Omokolade Ajayi