Africa's 5G pioneer hits over $1 billion valuation
On the back of this development, ARC has pumped an additional ZAR 81 million ($4.2 million) into the telco
Nigerian blockchain fintech startup Zone raises $8.5M Seed
Zone, a Nigerian blockchain fintech has secured $8.5 million in a seed round led by Flourish Ventures and TLcom Capital.
Tony Elumelu’s Heirs Holdings launches tech subsidiary, Heirs Technologies
Pan-African investment firm Heirs Holdings has launched a tech subsidiary Heirs Technologies.
South Africa grants regulatory nod to 59 crypto firms
South Africa's Financial Sector Conduct Authority has reportedly granted crypto asset service provider licenses to 59 crypto firms as of March 12, 2024.
Massive internet outage hit Africa as key subsea cables suffer damage
A wave of internet outages hit West, East, and Central Africa on Thursday, with major providers like MainOne and Seacom confirming damage to subsea cables as the culprit.
Nigeria demands top 100 users' data from Binance
Following accusations by Nigeria's central bank that Binance processed $26 billion in mostly unidentifiable transactions, local authorities are now seeking data on the platform's top 100 users in the country.
Detained Binance executives in Nigeria identified after two weeks
The two Binance executives detained by the Nigerian government have been identified as Tigran Gambaryan, who leads their criminal investigations team, and Nadeem Anjarwalla, the company's regional manager for Africa.