TikTok Emerges The Most Downloaded App in the World
TikTok is still the most downloaded app globally, exceeding 3.5 billion all-time downloads. The report noted that no other app has had more downloads than TikTok since 2018. Meta (formerly…
African Regulators Plan Continental Online Content Laws
African regulators are developing a harmonised regulation framework for broadcast, video-on-demand and over-the-top content in both legacy and new media. Regulators from Nigeria, SA and Kenya say the desired framework…
MARA Raises $23M to Build Africa’s Portal to the Crypto Economy
MARA a Pan-African crypto exchange has announced $23 million in funding from Coinbase Ventures, Alameda Research (FTX), Distributed Global, TQ Ventures, DIGITAL, Nexo, Huobi Ventures, Day One Ventures, Infinite Capital,…
Buhari Signs Anti-Money Laundering, Counter-Terrorism, Crime Proceeds Bills
President Muhammadu Buhari Nigeria President, Muhammadu Buhari on Thursday, signed into law, three bills; the Money Laundering (Prevention and Prohibition) Bill, 2022, the Terrorism (Prevention and Prohibition) Bill, 2022, and…
Bitcoin Value Drops by 50%
The value of Bitcoin has dropped below $31,000 (£25,140) – less than half of what it was at its peak last November, according to the Coinbase cryptocurrency exchange. The fall…
44 Per cent of Nigerian Firms Paying Ransom for Hijacked Data – Report
A report by Sophos, a United Kingdom (UK) cybersecurity solutions firm reveals that about 71 per cent of Nigerian businesses were hit by ransomware attacks in 2021 while 44 per…
Gucci Stores To Accept Cryptocurrencies
Italian luxury brand Gucci will start accepting payments in cryptocurrencies in some of its stores in America. Customers will be able to pay using a number of cryptocurrencies, including Bitcoin,…
Here Are The Leading Car Manufacturing Countries In Sub-Saharan Africa
Sub-Saharan Africa may be the least performing region in the world with regards to car manufacturing, but it still has some good fundamentals or potentials. The report also identified two…
#BeAudacious Campaign: 1 million accounts in 24 hours! ALAT aims for Guinness Records on 5th anniversary
There’s something to be said for leading brands who blaze trails and set paces in their industry. Such brands GO ALL OUT to take bold initiatives. On its fifth anniversary,…
I Want To Buy Coca-Cola To Put The Cocaine Back In – Elon Musk
Elon Musk, world’s richest man, has after acquiring Twitter in a $44 billion deal, promised to buy Coca-Cola and ‘put the cocaine back in.’ The Tesla CEO known for making…
We-Fi announces New $15 Million of Funding for Women Entrepreneurs
The Women Entrepreneurs Finance Initiative (We-Fi) has announced a new round of funding under which the African Development Bank’s Africa Digital Financial Inclusion Facility (ADFI) will receive $15 million to develop and…
The Top 10 Most Valuable Companies in Sub Saharan Africa
Key Criteria: By market capitalization Source: AfricanFinaicials and Hartland-Peel. Nigerian companies dominated the list with 11 companies on the Top 30 companies list. Econet Wireless (Zimbabwe) replaces Nigerian Breweries in…
The 5 Habits of Africa’s Richest Billionaires
So, you want to bamba, you want chill with the big boys? Of course, you do! Everyone wants to be successful; to have a lot of money and enjoy the best…