Pinterest set to lay off 150 employees
Pinterest, the image-sharing and social media platform, has joined other tech companies in letting employees go due to…
South Africa’s Lulalend raises $34m in funding to launch banking product
Lulalend, a South African digital lender startup that provides varied loans to underserved small and medium-sized businesses, has…
Egypt’s MNT-Halan raises $400M to become Africa’s latest unicorn
Egypt’s largest and fast-growing lender to the banked and unbanked, MNT-Halan, has raised over $400 million in equity and…
South Africa’s Teraco secures syndicated loan worth over $670m to create energy-efficient data centres
Teraco, a digital realty company in South Africa and a leading carrier-neutral data centre/interconnection services provider, has announced…
Glovo to lay off 6.5% of its global workforce
Popular delivery service, Glovo has announced its decision to reduce its global workforce by 6.5% due to a…
What Nigeria stands to gain as President commissions 2.2-petabyte tier-IV Data Center in Kano
President Muhammadu Buhari commissioned the National Tier-IV Data Center in Kano today. The tier-IV Data centre is positioned…
New filings reveal FTX owes Apple, Netflix, Binance, Stanford, others
New court filings have confirmed that FTX owes money to Apple, Binance, Coinbase, Netflix, other firms in the…
IBM to sack 3,900 employees
IBM, a US multinational technology company, has become the latest tech giant to slash thousands of jobs. The…
Microsoft services down globally due to networking outage
Several Microsoft services, including Teams, Xbox Live, Outlook and 365 suite, are inaccessible to millions of users around…
BasiGo announces partnership with AVA for Kenya’s transportation expansion
BasiGo, a Kenyan based e-mobility company focused on producing electric buses has partnered with Associated Vehicle Assemblers Ltd…