Nigeria to phase out diesel, embrace hybrid energy — Shettima
Vice President Kashim Shettima has announced that Nigeria will phase out its reliance on diesel and embrace an integrated hybrid energy system…
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MTN launches microinsurance arm ‘Cover by MoMo’ in Uganda
The telecom giant MTN has launched Cover by MoMo, a digital microinsurance product aimed at expanding access to affordable insurance in Uganda.…
Nigeria’s ISPs loses customers to high costs, tough economy
Nigeria’s leading internet service providers are experiencing a steady decline in subscriber numbers, as new data from the Nigerian Communications Commission points…
Reps vow stricter mining licenses to tackle illicit trade, insecurity
The Speaker of the House of Representatives, Tajudeen Abbas, says the lower chamber will implement tougher licensing measures in the mining sector…
Alibaba to raise HK$12bn in exchangeable bonds
Chinese technology giant Alibaba Group is seeking to raise approximately HK$12 billion (US$1.53 billion) through the issuance of exchangeable bonds, the company…
NUPRC unveils plan to end gas flaring by 2030
The Nigerian Upstream Petroleum Regulatory Commission has unveiled a gas-driven transition plan aimed at ending routine gas flaring by 2030 and cutting…
Flutterwave slashes workforce by 50% in Kenya, South Africa
Africa’s leading fintech company, Flutterwave, has laid off half of its workforce in Kenya and South Africa as part of a broader…
Qantas Airways suffers major cyberattack, exposing data of millions
Qantas Airways has confirmed a major cyberattack on a third-party customer service platform that exposed the personal information of up to six…
South Africa appeals to US over looming tariffs ahead of July deadline
South Africa has urged the United States and President Donald Trump to reconsider the harsh trade tariffs set to take effect on…
Intel mulls strategic shift in chipmaking business under new CEO
Intel’s new CEO, Lip-Bu Tan, is considering a major shake-up of the company’s chip manufacturing strategy as he seeks to revive the…
Baidu unveils AI video generator, revamps search engine
Chinese tech giant Baidu on Wednesday unveiled a new AI-powered video generation tool for businesses, alongside a significant upgrade to its core…
Alibaba Cloud expands with data centres in Malaysia, Philippines
Alibaba Cloud, the cloud computing division of Chinese tech giant Alibaba Group, has expanded its footprint in Southeast Asia with the launch…