Jumia reports mixed results as cost-cutting drive shows progress
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African e-commerce leader Jumia Technologies reported a 10% reduction in operating losses to $66 million for 2024, highlighting the company’s ongoing efforts…
Meta unveils plans for world's longest undersea internet cable
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Meta, the parent company of Facebook and Instagram, has announced its plan to build the world’s longest undersea internet cable, stretching over…
Understanding the Recent Dip in the Cryptocurrency Market
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The cryptocurrency market has recently experienced notable declines, with major assets like Bitcoin and Ethereum facing significant price drops. Several factors have…
SoftBank eyes massive $25 billion investment in OpenAI
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Japanese investment giant, SoftBank, is in talks to invest up to $25 billion in OpenAI, the company behind ChatGPT. The move will…
Kenyan fintech - M-KOPA - wins trademark battle against former agent
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M-KOPA, a leading Kenyan asset financing startup, has secured legal victory in a trademark infringement case against a former agent who attempted…
WhatsApp Working On The Release Of A Multi-account Feature For iOS Users
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WhatsApp is busy working on a game-changing feature for its iOS app: multi-account support. What does it mean to iPhone Users? This…
Oracle and Microsoft in talks to take over Tiktok global operations
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Oracle and Microsoft are in advanced negotiations to acquire control of TikTok’s global operations. This new development has shown a twist in…
Visa backs Nigerian fintech giant, Moniepoint, in Strategic Investment
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Global payments company, Visa, has made financial input to boost digital payments in Nigeria, and Africa. This was done through a strategic…
NCC approves 50% increase in telecommunication tariffs
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The Nigerian Communications Commission (NCC) has approved a 50% increase in telecommunications tariffs, marking the first of such adjustment in nearly eleven…