News
Alibaba’s cloud division profitable for the first time as Jack Ma’s empire faces regulatory scrutiny
Alibaba reported profitability for its cloud computing business for the first time in a continued push to diversify its business beyond e-commerce as it ...
News
Jeff Bezos to step down as Amazon CEO after 26 years
Amazon founder Jeff Bezos has announced that he would stand aside later this year as Chief Executive Officer of the company he built ...
News
Access Bank launches partnership with American Express to expand the acceptance of cards in Nigeria
Access Bank and American Express have launched a partnership to broaden the acceptance and usage of American Express Cards in Nigeria. This announcement ...
Global
Global: Bank of England to Cut Interest Rate to 0% on Thursday: Soc Gen
The Bank of England will cut its basic interest rate and raise its quantitative easing programme to support the lockdown-ravaged UK economy, according ...
News
First Bank Unveils N1m Loans For 86,300 POS Agents
First Bank of Nigeria Limited has announced the provision of loan facilities of about N1 million each to 86,300 Firstmonie banking agents across ...
News
Teraco concludes R2.5 billion funding round for data centre construction
Teraco Data Environments Proprietary Limited, Africa’s largest interconnection hub and vendor-neutral data centre provider, has announced that it has finalised a new R2.5 ...
News
MTN and 9mobile plan to commence network-sharing arrangement
Leading telecom service providers MTN and 9Mobile plan to request regulatory permission for an agreement to let customers share their networks, an official ...
News
SystemSpecs – The Evolution of an African Technology Powerhouse
Africa’s digital revolution has been hailed as one of the continent’s most historic changes in the past decade. Despite challenges with infrastructure, prevalent ...
News
South African fintech startup Yoco grows to 120,000 merchants amidst e-commerce surge
Yoco’s digital payments network, which includes point-of-sale card machines, tools to help businesses set up online payments, and credit advance, now serves 120,000 ...
News
Uber is buying alcohol delivery service Drizly for $1.1B
Uber has announced plans to acquire alcohol delivery service Drizly. The approximately $1.1 billion deal includes stock and cash and is expected to close in ...