Tag: Technology

Axian Telecom advances digital operations across Africa through cloud transformation and telecom expansion in nine markets.
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Axian Telecom taps $500 billion U.S. software giant, Oracle, to modernize African operations

Axian Telecom partners with Oracle to strengthen operations across Africa as profit rises to $226.3 million and expansion plans accelerate.

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Nigeria’s Terra Industries to open Africa’s largest drone factory in Ghana

Terra Industries, Nigeria’s defense tech startup, is building Africa’s largest drone factory in Accra, Ghana after raising $34 million.

Omokolade Ajayi Omokolade Ajayi
Optasia’s AI-powered fintech solutions support credit access and digital financial services across Africa and emerging markets.
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JSE-listed Optasia raises over $300 million in refinancing to boost Africa’s fintech growth

Optasia raises over $300 million in refinancing backed by Standard Bank to scale fintech services across Africa and emerging markets.

Omokolade Ajayi Omokolade Ajayi
Customer making a payment with Lucky card and POS terminal in Egypt.
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Egypt’s fintech Lucky raises $23 million, eyes North Africa expansion

Egypt fintech Lucky raises $23 million to expand into North Africa, scale consumer credit, and invest in technology and infrastructure.

Omokolade Ajayi Omokolade Ajayi
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SpaceX IPO pushes Elon Musk closer to $1 trillion net worth

SpaceX files for IPO, potentially raising $75 billion and moving Elon Musk closer to a $1 trillion net worth.

Omokolade Ajayi Omokolade Ajayi
Flutterwave logo representing Africa’s most valuable tech unicorn.
BusinessHot NewsTechnology

Flutterwave, gains Nigerian banking license as lifetime payments top $50 billion

Flutterwave secures banking license after surpassing $50 billion in lifetime payments, marking a major shift into lending and deposits across Africa.

Omokolade Ajayi Omokolade Ajayi
Adebayo Ogunlesi, Nigerian billionaire and co-founder of Global Infrastructure Partners.
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OpenAI hits $852 billion a year after Nigeria’s Adebayo Ogunlesi joins board

Its latest round, which increased from the $110 billion figure announced in February, drew backing from major technology and investment firms.

Omokolade Ajayi Omokolade Ajayi
BusinessHot NewsTechnology

Nigeria’s Moniepoint expands into Kenya, targets SME banking growth

Moniepoint acquires 78% of Sumac Microfinance Bank, expanding SME banking and operations in Kenya under Tosin Eniolorunda.

Omokolade Ajayi Omokolade Ajayi
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Cameroonian tech investor Eunice Ajim seeks $20 million to back Africa’s next fintech winners

Cameroonian tech entrepreneur and investor Eunice Ajim seeks $20 million to back Africa’s next generation of fintech startups.

Omokolade Ajayi Omokolade Ajayi
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Nigeria’s fintech unicorn Moniepoint acquires restaurant management platform Orda

Nigeria’s fintech unicorn Moniepoint Orda, boosting Moniebook as transactions hit $300.39 billion in 2025.

Omokolade Ajayi Omokolade Ajayi
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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.

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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.

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