Press Office

The on-demand transport space in Africa has evolved since San Francisco-based ride-hailing firm Uber first set up operations in South Africa in 2013, setting the stage for its foray across …

A US government agency has delayed the disbursement of a $500million (Sh53.97 billion) loan to finance the entry of a Safaricom-led consortium into the Ethiopian telecoms market, citing uncertainty over …

Nigeria’s biggest bank by asset Access Bank said it has entered a binding pact to merge its Zambian unit with African Banking Corporation Zambia Limited in a planned reformation coming …

PayPal is close to taking over the visual discovery engine Pinterest. According to Bloomberg, the deal, which offers the fintech giant a way to venture into social commerce, could be …

Nigerian stocks advanced by 1.1 per cent or N237.1 billion on Thursday as investors continued to take a risk-off stance in equities, helping to build a positive atmosphere around the …

The former U.S. president has announced his plan to launch his own social media platform, TRUTH Social, according to a press release by Trump Media and Technology Group (TMTG). The …

Binance, the largest cryptocurrency exchange, has launched a $1 billion (nearly R15 billion) growth fund in support of the Binance Smart Chain blockchain, with the goal of helping to accelerate …

Amazon has announced it will start to offer UK businesses insurance in the company’s latest move to diversify its business operations. Small and medium businesses (SMEs) which are members of …

Google has announced the purchase of a $2.1 billion Manhattan office building. This deal will add to the rapid growth of Silicon Alley, despite the increase in remote work and a …

Vodacom Group Ltd. has agreed to fund Safaricom Telecommunications Ethiopia PLC, a new mobile telecommunications services provider in Ethiopia. The company is backed by an international consortium including Safaricom PLC, …