Industry News

iFood, the Brazilian food-delivery giant controlled by Amsterdam-based Prosus, has acquired Advolve, an artificial intelligence marketing company, to accelerate the...

Jumia Technologies AG reported a narrowing pre-tax loss of $17.7 million for the nine months ending September 30, 2025, compared...

First City Monument Bank (FCMB) has announced the appointment of Oluyinka Johnson to its board as a Non-Executive Director, a...

In a massive move, MTN Nigeria has poured ₦757.4 billion into capital expenditure over nine months (excluding leases), marking a...

The Nigeria Security and Civil Defence Corps (NSCDC) in Bauchi State has reported a significant operational success, apprehending two individuals...

Nigeria’s indigenous maritime capacity received a significant vote of confidence this week as Tamrose Limited, a marine logistics firm, announced...

Nigeria’s Midstream and Downstream Gas Infrastructure Fund, MDGIF, has committed more than N287 billion to strategic gas projects nationwide as...

Paystack has suspended its co-founder and chief technology officer, Ezra Olubi, following allegations of sexual misconduct involving a subordinate. The...

South Africa’s unemployment rate fell slightly to 31.9 per cent in the third quarter of 2025, down from 33.2 per...

Satellite communications provider SES and Africa Mobile Networks (AMN) have completed the upgrade of more than 200 telecom sites across...