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  • DStv and GOtv Face Massive Blow as 3.4 Million Kenyan Subscribers Jump Ship Amid Pay-TV Downturn

    By June 2025, the number of DStv subscribers in Kenya had plummeted to 188,824, a sharp decline from 1.2 million the previous year, according to...

    DStv, GOtv lose 3.4 million Kenyan customers as Pay-TV decline deepens
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    By June 2025, the number of DStv subscribers in Kenya had plummeted to 188,824, a sharp decline from 1.2 million the previous year, according to recent figures released by the Communications Authority of Kenya (CA). Similarly, GOtv, another MultiChoice-owned service, experienced a drastic drop from 2.8 million to 314,520 subscribers during the same timeframe. This...
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  • How SeerBit’s Fintech Innovation is Reopening Etsy’s Doors to African Sellers

    Earlier this year, Etsy’s decision to discontinue support for African sellers abruptly severed thousands of entrepreneurs from international marketplaces. This move was not driven by...

    Etsy shut out African sellers, SeerBit shows how fintech can bring them back
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    Earlier this year, Etsy’s decision to discontinue support for African sellers abruptly severed thousands of entrepreneurs from international marketplaces. This move was not driven by a lack of consumer interest-buyers in Europe and the U.S. had shown strong enthusiasm for African artisanal products, ranging from beaded jewelry to vibrant wax prints-but rather by the absence...
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  • Tether Aims to Raise $20 Billion, Surging to a Record-Breaking $500 Billion Valuation

    Tether Holdings SA, recognized as the leading issuer of stablecoins globally, is targeting a valuation near $500 billion in an upcoming capital raise. According to...

    Stablecoin issuer, Tether plans $20 billion raise on record $500 billion valuation 
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    Tether Holdings SA, recognized as the leading issuer of stablecoins globally, is targeting a valuation near $500 billion in an upcoming capital raise. According to Bloomberg, the company is in preliminary discussions to secure $20 billion through a private equity offering. If completed, this transaction would position Tether among the most valuable private enterprises worldwide,...
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  • Unlocking Nigeria’s Retail Potential: How Lengo Aims to Bring Nearly One Million Hidden Shops into the Spotlight

    In the bustling neighborhoods of Lagos, the majority of Nigerians purchase their daily essentials from small, informal shops stocked with items like soft drinks, instant...

    Nearly one million Nigerian retail shops are invisible to big brands; Lengo wants to fix that
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    In the bustling neighborhoods of Lagos, the majority of Nigerians purchase their daily essentials from small, informal shops stocked with items like soft drinks, instant noodles, and toiletries. However, for major consumer brands such as Coca-Cola, Unilever, and Dangote, these informal retail outlets remain largely unmapped, resulting in significant gaps that lead to inefficient marketing...
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  • Unlock the Power of AI: Subscribe to Google AI Plus in Nigeria for Only N7,450 per Month!

    Nigerian users can now subscribe to Google AI Plus for just $5 monthly (around ₦7,450). This subscription unlocks access to Gemini 2.5 Pro, advanced AI-powered...

    Nigerians can now subscribe to Google AI Plus for just N7,450 per month
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    Tech
    Nigerian users can now subscribe to Google AI Plus for just $5 monthly (around ₦7,450). This subscription unlocks access to Gemini 2.5 Pro, advanced AI-powered video and image creation tools, an enhanced version of NotebookLM, and 200GB of secure cloud storage. Subscribers benefit from Gemini 2.5 Pro alongside additional applications such as Flow, Whisk, and...
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  • How Airtime and Merchants Fueled a Stunning 12-Fold Profit Surge for GTCO’s HabariPay

    HabariPay, the fintech subsidiary of Guaranty Trust Holding Company (GTCO), has experienced an extraordinary surge in profitability, multiplying its earnings twelvefold over three years. The...

    Airtime, merchants drive 12-fold profit growth for GTCO’s HabariPay
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    HabariPay, the fintech subsidiary of Guaranty Trust Holding Company (GTCO), has experienced an extraordinary surge in profitability, multiplying its earnings twelvefold over three years. The company reported a landmark profit of ₦4.02 billion ($2.70 million) in the first half of 2025, a significant rise from ₦322.9 million ($217,094) recorded in the same period of 2022,...
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  • Kenya’s EV Pioneer ARC Ride Drives Forward with $10 Million Boost from Mirova

    Mirova, a sustainability-focused investment firm based in Paris, has committed $10 million to ARC Ride, a Kenyan electric mobility startup. This marks Mirova’s inaugural investment...

    Kenya’s EV startup, ARC ride secures $10 million from Mirova
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    Mirova, a sustainability-focused investment firm based in Paris, has committed $10 million to ARC Ride, a Kenyan electric mobility startup. This marks Mirova’s inaugural investment in Africa’s electric vehicle sector. The capital injection comes from Mirova’s $282 million Gigaton Fund, which targets climate-driven ventures in emerging economies. This funding will support ARC Ride’s expansion of...
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  • How Stablecoins Are Revolutionizing Legacy Finance for Businesses and Corporates

    The debate over the significance of digital assets in shaping the future of finance remains unresolved, yet a growing number of skeptics are discovering compelling...

    Analysis: Stablecoins are filling in legacy finance gaps for businesses, corporates
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    Tech
    The debate over the significance of digital assets in shaping the future of finance remains unresolved, yet a growing number of skeptics are discovering compelling practical reasons to embrace stablecoins. Last week’s most notable development in the sector was MoneyGram’s announcement on September 17 of its collaboration with Crossmint to incorporate stablecoin payments into its...
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  • Crypto Millionaires Soar to a Record 241,000 as Bitcoin Wealth Explodes in 2025!

    By mid-2025, the global population of cryptocurrency millionaires had soared to approximately 241,700, marking a remarkable 40% increase compared to the previous year. This surge...

    Crypto millionaires hit a record 241,000 as Bitcoin wealth skyrockets in 2025
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    Tech
    By mid-2025, the global population of cryptocurrency millionaires had soared to approximately 241,700, marking a remarkable 40% increase compared to the previous year. This surge is primarily attributed to Bitcoin’s impressive price rally and the overall crypto market capitalization surpassing $3.3 trillion in July, as detailed in Henley & Partners’ Crypto Wealth Report 2025. The...
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  • Nigeria’s Aging Satellite Gets a New Lease on Life as Replacement Launch Delays to 2028

    Nigeria has postponed the replacement of its aging national satellite, NigComSat-1R, pushing the timeline from 2025 to 2028. This extension aims to solidify Nigeria’s foothold...

    Nigeria’s ageing satellite gets extended life as replacement shifts to 2028
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    Tech
    Nigeria has postponed the replacement of its aging national satellite, NigComSat-1R, pushing the timeline from 2025 to 2028. This extension aims to solidify Nigeria’s foothold in the expanding digital landscape of West Africa. Launched in December 2011, NigComSat-1R is approaching the end of its operational life after serving the nation for over a decade. Manufactured...
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