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Fake AI Videos of Nigerias Influential Figures Drive Social Media Swindle
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 Sells South Africas Top Online Fashion Retailer Superbalist
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
MarketForce Fell Short-Now Its Founders Are Chasing A New Chpter
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,
Dozy Mmobuosi's Fictional Empire Faces A Costly Reckoning
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
Starlink Expands Across Africa But Faces Bumpy Ride into South Africa
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
Kola Ainas Ventures Platform Is Doubling Down On An Ambitious Gameplan
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
Wasoko MaxAB Set Sights Beyond E-Commerce As Mega-Merger Finally Closes
After months of negotiation and careful planning, Wasoko and MaxAB , two of Africas prominent B2B e-commerce startups, have officially completed their merger. This all-stock transaction, touted as Africas largest tech merger and first announced in Q4 2023, has established a formidable p
Ride-Hailing Apps Drivers Count Cost Of Bizarre SA Versus Nigeria Feud
The recent online spat between South Africa and Nigeria, fueled by a controversial beauty pageant and long-running hostilities, has left e-hailing apps and their drivers counting significant losses. What began as a social media prank quickly escalated into a cross-border debacle, impacting drive
Kenya's Top Telco Bothered By Services Like Starlink Seeking Regulatory Action
Kenyas largest telecommunications company, Safaricom , has called for stricter regulations on satellite internet providers like Elon Musks Starlink, a move that could significantly impact the countrys internet landscape. The partly-government-owned telco, which dominates the Kenyan mark