Indian Fintech Slice Seals Bank Merger
Indian fintech startup Slice said it has completed its merger with North East Small Finance Bank, marking a rare instance...
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Pick n Pay Set to List Boxer Business in Africa’s Largest IPO of 2024
Pick n Pay Stores Ltd. has announced plans to list its low-cost retail chain, Boxer, on the Johannesburg Stock Exchange...
Indonesia Blocks iPhone 16 Sales Over Local Investment Rules, Delaying Apple’s Entry into Major Southeast Asian Market
Indonesia has put a hold on Apple Inc.'s plans to sell its latest iPhone 16 models in the country, citing...
Filigran Secures $35M for its Cybersecurity Threat Management Suite
Paris-based startup Filigran is fast becoming the next cybersecurity rocketship to track: The company just raised a $35 million Series B round,...
Ampersand Expands Nairobi Manufacturing Hub to Meet Growing Demand for Electric Motorcycles
Ampersand, a pioneering electric vehicle company in East Africa, has expanded its Nairobi manufacturing capacity to triple its previous size,...
Kenya’s Central Bank Fines UBA Kenya for Falling Below Capital Requirements
The Central Bank of Kenya (CBK) has imposed a fine on UBA Kenya for failing to meet the country's capital...
South African Startups Solarbox, SHIMI, and ABEOD Emerge as Winners at Last Mile Innovation Nexus
Three South African logistics startups have been named winners at the recent Last Mile Innovation Nexus, an event designed to...
Kenya Faces Growing Cyber Threats, with $83 Million Lost to Cybercrime in 2023 and 1.1 Billion Threats Detected in Q2 2024
Kenya’s cyber threat landscape continues to intensify, with the country reporting significant financial losses and an alarming spike in cyber...
TikTok Tightens Content Control Across Africa, Removes 11 Million Violative Videos With Nigeria and Egypt Leading
TikTok has cracked down on millions of videos across Africa, with Egypt and Nigeria leading the charge in content violations....
Instagram is Lowering Video Quality for Unpopular Videos, Mosseri Reveals
The popularity of an Instagram video can affect its actual video quality: According to Adam Mosseri (the Meta executive who...
