Tag: Technology

World's richest person Elon Musk.
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Elon Musk loses trillionaire status again after $66 billion wipeout in one day

Elon Musk drops below $1 trillion net worth as a single-day SpaceX stock selloff erases $66 billion from his fortune.

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Vodacom Centre
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South Africa’s Vodacom takes control of Kenya’s Safaricom with stake worth $2.1 billion

South Africa's Vodacom completes the acquisition of a majority stake in Safaricom following a key Kenyan court ruling.

Omokolade Ajayi Omokolade Ajayi
Alan raises $460 million after Kylian Mbappé
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Startup raises $460 million months after Kylian Mbappé’s backing

Alan raises $460 million after Kylian Mbappé's investment, reaching a $6.3 billion valuation as it expands AI-powered healthcare services.

Omokolade Ajayi Omokolade Ajayi
Internet and 5G drive subscriber growth.
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Morocco’s telecom revenue rises as faster internet, 5G drive subscriber growth

Morocco's telecom market grew in early 2026 as 5G, fiber, and rising mobile data use offset declines in calls and text messaging.

Omokolade Ajayi Omokolade Ajayi
Egypt taps China’s Sany for first wind turbine plan
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Egypt taps China’s Sany for first wind turbine plant to drive African grid

Egypt taps Sany for a new wind turbine plant to cut imports and export clean energy infrastructure across Africa and the Middle East.

Omokolade Ajayi Omokolade Ajayi
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
World's richest person Elon Musk.
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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
World's richest person Elon Musk.
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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.

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