Egyptian eCommerce startup, ShipBlu, has raised $2.4 million seed funding. This comes not-too-long after the startup participated in Y Combinator’s 2021 summer batch and raised […]
Month: October 2021
Uganda imposes $40 mandatory Covid test for air travellers
All passengers arriving in Uganda will be required to pay $40(Sh4,000) for a covid-19 compulsory test as the neighbouring countries tighten containment measures to curb […]
Only these 5 out of 54 African countries are expected to hit COVID-19 vaccination target – WHO
The World Health Organisation (WHO) in Africa has projected that just five African countries, less than 10% of Africa’s 54 nations, are projected to hit […]
Elon Musk becomes first man in modern history to be worth over $300 billion
Tesla’s market capitalization has reached more than $1 trillion as a result of strong quarterly earnings and an order for electric vehicles from Hertz. As […]
Facebook is changing its name to Meta
Facebook said Thursday it was changing its corporate name to Meta. “From now on, we’ll be metaverse first, not Facebook first,” CEO Mark Zuckerberg said […]
3 days after launch, it’s been a rough patch for the eNaira; here’s what you need to know
It’s a been three days since Nigeria officially launched its much anticipated digital currency, the eNaira. And as you can expect, there has been lots […]
Access Bank signs merger deal with AtlasMara Zambia
Access Bank Plc said it has executed an agreement with Atlas Mara Limited for the merger of African banking Corporation Zambia Limited (Atlas Mara Zambia) […]
FG to end petrol subsidy June 2022, World Bank condemns N2.9tn funding
The World Bank has decried the continued spending by the Nigerian government on petrol subsidy, which it said is on track to gobble up N2.9tn […]
Elon Musk’s wealth surged by $36 billion, the largest single-day gain Bloomberg’s ever recorded
It’s been quite the day for Tesla and its CEO, Elon Musk. The early-morning announcement that Hertz intends to buy 100,000 Teslas for its rental fleet kicked […]
Nigeria officially launch eNaira digital currency
Buhari launched the eNaira at the State House in Nigeria’s capital Abuja after a previous plan to unveil the digital currency on October 1 was […]