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Andela appoints Carrol Chang, ex-Uber Executive, as new CEO
Andela, the company that became a unicorn by growing from a talent outsourcing firm, has now hired Carrol Chang, an...
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ChatGPT’s OpenAI strikes deal with Vogue Owner
OpenAI and global magazine giant Condé Nast just recently announced their partnership which allows ChatGPT and its search engine SearchGPT...
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Scammers infiltrate Nigerian crypto trading social media groups
Nigerians have been getting more and more involved in the Web3 space with crypto trading groups becoming very much rampant....
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Zone and NIBSS partner to cut POS fraud with blockchain technology
In an interesting partnership, Nigerian blockchain payments company Zone and the Nigerian Inter-Bank Settlement Scheme (NIBSS) are introducing blockchain technology...
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Renew Capital Expands West African Portfolio, Targets Tech-Enabled Startups Across Africa
Renew Capital, a venture capital firm co-founded by Matt and Laura Davis, is expanding its footprint in Africa after stepping...
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Jumia Raises $99.6 Million Through Share Sale to Support Expansion
In just a very short period of ten days, Jumia ($JMIA) has closed the sales of 20 million ordinary shares...
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Elon Musk’s Starlink Is Building Ground Stations In Lagos, Ogun And Rivers State To Enhance Connectivity
Starlink is looking to set up ground stations across Nigeria in a move strictly aimed at improving the connectivity in...
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53 African Startups Shut Down Over the Past Decade as Funding Drops by Nearly 50% in 2023
In Africa, the period since 2010 has witnessed the collapse of many startups due to funding challenges, internal struggles and...
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Panic Eases After GTBank Clarifies Website Security Rumors
Suspected hackers reportedly compromised the website of Nigerian banking giant GTBank in what appeared to be a large-scale scam aimed...
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EFCC’s Twitter Account Vanishes Amidst Threats from Yahoo Boys
The official Twitter account of Nigeria’s Economic and Financial Crimes Commission (EFCC), with 2.2 million followers, mysteriously disappeared from the...
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