Tag: Technology

Prosus N.V
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Prosus projects 28% profit surge on Tencent, e-commerce gains

Prosus expects earnings growth up to 28 percent, driven by strong performance across its internet portfolio and Tencent gains.

Omokolade Ajayi Omokolade Ajayi
Naspers Limited, the Cape Town-based group chaired by Koos Bekker.
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South African giant Naspers forecasts 28% earnings jump on e-commerce growth

Naspers expects up to 28 percent earnings growth as e-commerce strength and global internet investments boost profitability across key markets.

Omokolade Ajayi Omokolade Ajayi
Flutterwave logo representing Africa’s most valuable tech unicorn.
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African fintech giant Flutterwave hits $3.3 billion valuation as Ripple buys stake

Flutterwave hits a $3.3 billion valuation after Ripple takes a stake to boost stablecoin-driven cross-border payments across Africa.

Omokolade Ajayi Omokolade Ajayi
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Pretoria-born trillionaire, Elon Musk, projects $1 trillion SpaceX revenue by 2030

Elon Musk projects SpaceX annual revenue could reach $1 trillion by 2030 following its historic public listing.

Omokolade Ajayi Omokolade Ajayi
San Francisco-based giant Uber Technologies Inc
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Uber eyes Delivery Hero takeover as Prosus gains time to defend stake

As Prosus wins more time for its Delivery Hero stake sale, Uber is pursuing a full takeover of the German food delivery firm to expand its global market.

Omokolade Ajayi Omokolade Ajayi
Moroccan property technology company Agenz.
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Moroccan proptech Agenz raises $5 million to scale AI property tech

Agenz raises $5 million led by Breega and other investors to scale AI-powered property data and expand Morocco real estate platform.

Omokolade Ajayi Omokolade Ajayi
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Elon Musk’s SpaceX beats Saudi Aramco in landmark IPO, raising $75 billion

SpaceX raises $75 billion in a record IPO, surpassing Saudi Aramco and valuing Elon Musk’s company at $1.77 trillion.

Omokolade Ajayi Omokolade Ajayi
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MTN CEO Ralph Mupita: Nigerian, Ugandan fintech spinoffs entering final stages

MTN Group is in the final stages of spinning off its Nigerian and Ugandan fintech units, clearing the path for strategic minority stake sales.

Omokolade Ajayi Omokolade Ajayi
MTN Group logo, representing the pan-African telecom operator.
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MTN targets Nigeria’s $236 billion credit gap with direct lending push

MTN Group plans to launch direct lending in Nigeria to target a $236 billion funding gap and disrupt African banking.

Omokolade Ajayi Omokolade Ajayi
TechnologyBillionairesBusinessHot News

Google’s $30 billion deal strengthens case for Elon Musk’s SpaceX $1.77 trillion IPO

Google’s $30 billion SpaceX deal validates the metrics for Elon Musk's upcoming $1.77 trillion IPO.

Omokolade Ajayi Omokolade Ajayi
MTN Group rolls out MTN One TV
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MTN launches One TV to drive digital entertainment across Africa

MTN rolls out MTN One TV, linking its mobile network and fintech to scale digital entertainment and content monetization across Africa.

Omokolade Ajayi Omokolade Ajayi
Egyptian fintech startup, Blnk
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Egyptian fintech startup, Blnk, raises $37 million to scale AI-driven consumer lending

Blnk raises $37 million in equity and debt to expand point-of-sale consumer credit and drive financial inclusion.

Omokolade Ajayi Omokolade Ajayi