Chekkit’s Executive Board is pleased to announce the appointment of Hon. Afolabi Nurudeen Adekambi from the 1st November 2022 as a Non-Executive Director in order to further the company’s vision …
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Amazon develops new robot in a bid to reduce human reliance
Amazon, Ecommerce Giant has developed a robot capable of identifying and handling individual items, a milestone in the e-commerce giant’s efforts to reduce its reliance on the human order pickers …
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Elon Musk Addresses Twitter employees, Warns against bankruptcy and ends remote working and free food
Elon Musk, in his first address to Twitter Inc. employees since purchasing the company for $44 billion, said that bankruptcy was a possibility if it doesn’t start generating more cash, …
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Stellantis Invests €300 million in Kenitra Facility to Double local Production
Vehicle manufacturer Stellantis has announced an investment of over €300 million in its Kenitra manufacturing facility in a bid to double local production capacity to 400,000 vehicles and reach more …
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Amazon is the first public company to lose $1 trillion in market value
Amazon.com Inc. is the world’s first public company to lose a trillion dollars in market value as a combination of rising inflation, tightening monetary policies and disappointing earnings updates triggered …
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NCC discovered a harmful app on Google Play Store and warns Nigerians against downloading
The Nigerian Communications Commission(NCC) has warned Nigerians to stay away from mobile applications from the ‘Mobile Apps Group’. According to the commission, the group had been discovered to release apps …
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Moroccan Fintech Startup WafR Raises $120,000 To Expand it’s Customer Base
Moroccan fintech startup WafR has raised $120,000 from Casablanca-based fintech-focused venture capital First Circle Capital in its fourth round of funding in 2022. WafR has raised $1.2 million this year which …
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Jumai CEOs Sacha piognonnec and jeremy hodara step down as firm suffers losses
The founders and co-Chief Executive Officers of Jumia Technologies, Sacha Poignonnec and Jeremy Hodara, have both stepped down from their position with immediate effect. This is as the Africa-focused e-commerce …
MultiChoice has issued a trading statement warning shareholders that it expects to report a net loss in its interim financial results on Thursday. Last year the company announced earnings per …
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Jack Dorsey announces regrets over Twitter’s Rapid Growth
Former Twitter CEO Jack Dorsey said he regrets growing the company too quickly as the social media platform downsizes following its recent sale to Elon Musk. Musk on Thursday and …