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In a surprising twist during the sentencing hearing for Tyrese Haspil, the man convicted of brutally murdering tech entrepreneur Fahim Saleh, the convicted killer defied his own defense strategy. More than two hours into the Manhattan Supreme Court proceeding, Haspil stunned the courtroom by dis

Chinese tech giant, Huawei has made a bold move on the Nigerian banking sector, securing a multi-million dollar cloud deal with United Bank for Africa (UBA), worth approximately USD 3 M. This agreement, which provides UBA with 200 petabytes of storage and cloud solutions, marks a signif

Perseus Mlambo's Union54 , the product of a series of pivots, proved to be a high-flying success story in African fintech until it was struck by a setback in 2022, notably the much-publicised USD 1.2 B attempted chargeback fraud turmoil. Union54, the first Zambian Y Combinator-backed st

Over the past year, there has been a surge in artificial intelligence (AI)-generated videos flooding social media platforms like Facebook, featuring doctored images and voices of some of Nigerias most influential figures. These videos often advertise health products, exploiting the credibility o

Takealot , Naspers' e-commerce giant in South Africa, has sold its online fashion retailer Superbalist to a consortium of South African retail and private equity investors led by Blank Canvas Capital. The sale marks an exit from fashion for the retail giant as it focuses on its core ope

The demise of MarketForce, once a rising star in the African B2B e-commerce landscape, exemplifies the challenges of scaling startups in emerging markets. Despite early successes, the company ultimately fell short of its ambitions. However, its founders, Tesh Mbaabu and Mesongo Sibuti,

Few stories have captured the attention of industry watchers as dramatically as the controversy around Nigerian businessman Dozy Mmobuosi over the past year. Once regarded, however self-promoted, as a savvy player in tech and finance, Mmobuosi's claims of a booming business empire have come cras

As Starlinks internet service continues to play a game of connect-the-dots across the African digital landscape, its journey into South Africa has been anything but smooth. Initially slated to launch in 2023, the Elon Musk-owned company finds itself stuck in a web of red tape and protra

Ventures Platform , a prominent Pan-African early-stage venture capital (VC) firm, has released its 2023 Impact Report , offering a detailed examination of its role in the continents rapidly growing tech ecosystem. With a portfolio that spans 72 startups and over 126 founders across the