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Twitter reaches agreement with Elliot Management to keep CEO, Jack Dorsey.

Twitter reaches agreement with Elliot Management to keep CEO, Jack Dorsey.

Twitter Inc has reached an agreement with Elliott Management that allows Jack Dorsey to remain as chief executive and adds three new directors a few days after Elliott’s plan to push out the social media company’s chief became public. This agreement comes after Twitter’s chief executive officer,

Facebook sues Domain name register, ‘Namecheap'.

Facebook sues Domain name register, ‘Namecheap'.

Facebook has filed a lawsuit against domain name register, Namecheap and its proxy service, ‘Whoisguard’ for the registration of domain names that deceive the masses by pretending to be affiliated with Facebook apps. The lawsuit follows Facebook’s regular scan for domain names and apps that infringe their trademarks so

Net1 sells KSNET for $237 Million.

Net1 sells KSNET for $237 Million.

Net1, a South African payment processor has finally sold KSNET, South Korean payment processor to Stonebridge Capital and Payletter for about $237 million. This follows the intrinsic value of KSNET which was not appropriately reflected in Net1’s overall valuation last year. Therefore, the Board of Net1 decided to sell

Mobile Payment Company, Paga collaborates with Visa

Mobile Payment Company, Paga collaborates with Visa

Paga, a mobile payment company has entered a strategic partnership with Visa, a global payment technology company. This partnership aims at providing alternative payment channels, in this case, mobile wallets, within its global ecosystem. Also, Paga’s partnership with Visa is a step further in its global expansion plans. Currently,

Quona Capital closes fund with $203 million aimed at financial inclusion in emerging markets.

Quona Capital closes fund with $203 million aimed at financial inclusion in emerging markets.

Quona Capital, a venture firm focused on financial inclusion has closed Its Accion Quona Inclusion Fund with $203 million. The venture earned the $203 million from leading investors which includes; global asset managers and insurance companies, investment and commercial banks, as well as university endowments, foundations, family offices, and development

Kenyan based Pezesha wins CATAPULT: Inclusion Africa Awards.

Kenyan based Pezesha wins CATAPULT: Inclusion Africa Awards.

Pezesha, a Kenya-based financial startup has emerged the winner of The Luxembourg House of Financial Technology (LHoft) booth-camp held on March 8 in Luxembourg. The program, CATAPULT: Inclusion Africa aimed at providing training and networking boot-camp for 13 Financial Technology (Fintech) companies whose primary goal is to develop financial inclusion

Apple discards unrecognized Coronavirus Apps.

Apple discards unrecognized Coronavirus Apps.

Apple is rejecting all corona-virus-related mobile apps that are not recognized by the Government or official health organizations. This comes after the various misleading information of the popular Corona-virus. The said measure taken by Apple is to prevent the spread of misinformation on corona-virus. Apple is manually assessing apps, looking

Partech Africa, IFC, and Prime Ventures invest $9.6 million into Terrapay

Partech Africa, IFC, and Prime Ventures invest $9.6 million into Terrapay

Partech Africa, Prime Ventures alongside The International Finance Corporation (IFC) have invested $9.6 million in Terrapay to fund the company’s expansion after acquiring shares in the Comviva, a global leader in mobility solutions. TerraPay has acquired more than 25 licenses to operate in over 60 countries in Africa,

CATAPULT : Inclusion Africa took off this March.

CATAPULT : Inclusion Africa took off this March.

CATAPULT acceleration program sponsored by ‘The Luxembourg House of Financial Technology’ is being hosted starting from March 1, 2020, to March 8, 2020, at Luxembourg. The 1-week program aims at providing training and networking boot-camp for 12 Financial Technology (Fintech) companies whose primary goal is to develop financial inclusion in

Microtracrion Launches New Standard Deal

Microtracrion Launches New Standard Deal

Microtraction has increased its investment $25 and reduced the percentage it takes to 7%. This new deal replaces the deal of $15 for 7.5% previously. This follows the high cost of start-up development in maturing African countries. However, this new standard deal will aid in reducing start-up costs. “Our

WhatsApp Introduces Dark Mode Designed to Reduce Eye Strain.

WhatsApp Introduces Dark Mode Designed to Reduce Eye Strain.

WhatsApp introduces “Dark Mode” an eye-soothing feature to reduce eye strain in a low light environment. WhatsApp has introduced dark mode, an eye-soothing feature recently to its already existing messaging app after some tech giants attempted to invent a ‘dimmer pixel switch’ some years ago. This comes after several requests

Safeboda, a bike hailing Company Launches In Ibadan.

Safeboda, a bike hailing Company Launches In Ibadan.

Safeboda tagged Africa’s 2-wheeler ride-hailing market leader has finally launched in Ibadan, the Oyo State Capital. After months of planning and speculation, Safeboda’s orange helmet rolled in the city with a free first ride to everyone and smiles on the faces of the Okada riders. The ban on

MEST, GIZ launch Tech By Her Accelerator program

MEST, GIZ launch Tech By Her Accelerator program

The Meltwater Entrepreneurial School of Technology(MEST) with the support of Tech Entrepreneurship Initiative, Make-IT in Africa has launched the Tech By Her accelerator program. The main purpose of the Tech By Her Accelerator program is to develop a strong Pan African female entrepreneurship community. This would help monitor female

Legal: Why Your Startup Needs A Lawyer On The Team.

Legal: Why Your Startup Needs A Lawyer On The Team.

Conceiving an idea is easy, and if you are good at writing codes, you might be able to spin out your idea in a minimal version for testing within days or weeks. But, the simplicity of starting and running a business is not that easy. It’s a long bumpy

Gebeya Inc. Closes $2 Million Dollars Seed Round Investment

Gebeya Inc. Closes $2 Million Dollars Seed Round Investment

Addis Ababa, Ethiopia, February 06, 2020: Gebeya Inc, an Ed Tech and online software outsourcing Marketplace company geared towards the development of Africa’s technological scene, announced today that it closed a $2 million seed round investment co-led by Partech and Orange Digital Ventures and followed by Consonance Investment Managers.

Spotify hits 124 million subscribers, strikes deal for The Ringer and its podcasts

Spotify hits 124 million subscribers, strikes deal for The Ringer and its podcasts

Spotify hit 124 million subscribers at the end of 2019, up 29% from the previous year, the streaming-music company said Wednesday. It also announced it would buy Bill Simmons’ sports and pop culture news organization The Ringer as it continues to chase podcast domination. The latest membership number growth appears

Vine successor Byte is available now on iOS and Android

Vine successor Byte is available now on iOS and Android

Dom Hofmann, the co-creator of Vine who has been quietly working on a successor to the short-form video platform, says the new app, called Byte, is available now on iOS and Android. The app has been available in beta form for quite some time, but its launch late on Friday

Currencycloud nabs $80M from Visa, World Bank Group and more for cross-border payment APIs

Currencycloud nabs $80M from Visa, World Bank Group and more for cross-border payment APIs

Sending money from one country to another — either because you are a business paying someone for a service, or a family member working abroad and sending money back home, or something in between — is a huge business, worth some $700 million annually. Today, a London startup called Currencycloud, which has

Don't Be Like Jeff Bezos. Here Is How To Keep Your Phone Safe From Hackers

Don't Be Like Jeff Bezos. Here Is How To Keep Your Phone Safe From Hackers

If Jeff Bezos can’t keep his phone safe, how can the rest of us hope to? Sure, Bezos, Amazon’s CEO and the owner of The Washington Post, is smart and presumably has good security people helping him, says Matthew Green, a computer science professor at Johns Hopkins University.

Tinder is working on a panic button for dangerous situations

Tinder is working on a panic button for dangerous situations

Tinder is taking more steps to beef up user safety, rolling out features that give daters the option to receive check-ins, hit a panic alarm and even call authorities to their location. Its parent company, Match, has taken a stake in a location tracking and personal safety app called Noonlight,

Nigeria's Paga acquires Ethiopian software firm, Apposit for global expansion.

Nigeria's Paga acquires Ethiopian software firm, Apposit for global expansion.

Paga, an aggressive Nigerian fintech startup acquired Apposit, a US software company with primary operations in Addis Ababa, Ethiopia. Apposit builds software to power innovative and high impact businesses in Africa. Apposit has been associated with Paga since having its engineering team dedicated to Paga since 2009. The team has

Instagram drops IGTV button, Complaints Nobody Uses It.

Instagram drops IGTV button, Complaints Nobody Uses It.

Over the past few days, Instagram withdrew IGTV, a standalone video application for both iOS and Android smartphones, complaining the lack of use as the reason for their decision to remove the app. IGTV, the video app, which was released late June of 2018 with the ambition to offer longer

Anakle Appoints New CEOs of Subsidiaries.

Anakle Appoints New CEOs of Subsidiaries.

Anakle, a digital agency founded in 2010 by Editi Effiong with core business interests in digital media sales, application development and social media, has announced a change within the company. This recent changes brought about the appointment of Munachi Nwoke-Ekpo, a 2011 Project Management Technology graduate of Federal University of

11 startups set to Pitch Live at Africa Startup Summit, Kigali

11 startups set to Pitch Live at Africa Startup Summit, Kigali

The second edition of Africa Startup Summit powered by Disrupt Africa would take place this year on February 5-6 in Kigali, Rwanda. Across the African continent, Eleven companies have been selected to pitch on stage to investors, corporates, media and other stakeholders at the event. At this event, more than

We-Fi Regional Summit 2.0 holds in Dubai

We-Fi Regional Summit 2.0 holds in Dubai

This year in Dubai, from February 16-17, 2020, the second We-Fi regional summit will hold focusing on women entrepreneurs in the Middle East and North Africa region. The event will be co-organized with the Dubai Women Establishment during the Global Women’s Forum Dubai 2020, a global two-day event themed