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Meta Lays Off 3,600 Staff, Impacting Nigeria, Africa
While the company frames these terminations as part of routine restructuring, affected employees in Nigeria, Africa, and beyond now face an uncertain job market amid the tech industry’s ongoing transformation.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Warner Music Group Completes Full Acquisition of Africa-Based Music Distributor Africori
Warner Music Group has completed its full acquisition of Africori, a prominent Africa-focused music distribution, music rights management, and artist development company.
- Categories
- Uncategorized
- Region
- Global
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Next Narrative Africa and HEVA Fund Launch $40 Million Fund to Empower Content Creators in Africa and the Diaspora
New fund supported by William and Flora Hewlett Foundation and Prosper Africa aims to drive economic growth, job creation and innovation in the African film and television industry.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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SCOPE Launches USD $50 Million Venture Capital Fund to Back Fintech and Gaming Startups
The fund aims to target high-potential fintech and gaming startups in India and US, offering early-stage investments of USD 500,000 to USD 2 million.
- Categories
- Technology
- Region
- Asia Pacific
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Kenyan E-commerce Startup Chpter Raises $1.2 Million in Pre-seed Round
Chpter helps businesses convert social media from a marketing channel to a sales platform with chat.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Starlink in Brazil’s Crosshairs as Spat Over Elon Musk’s X Escalates
It comes as a public confrontation between Brazil and Musk escalates over the country’s decision to block his social media company X.
- Categories
- Technology, Telecommunications
- Region
- Latin America
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Bolt Acts to Halt Nigeria-South Africa ‘Taxi-War’
Online taxi firm Bolt has restricted "inter-country" requests between Nigeria and South Africa after the two countries' social media rivalry reached an all-time high.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Indonesia’s Plan to Fight Cheap Online Imports From China
There is growing resentment across Southeast Asia against Chinese e-commerce firms.
- Categories
- Technology
- Region
- South Asia
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