HyperionDev, a South African-headquartered tech education provider, has announced raising R95 million (5 million), bringing its total growth investment to R595 million ($31.1 million). The edtech platform has yet to disclose the investors who participated in the latest funding round, however, it stated that the total investment
We mostly deploy on Saturdays, offshore from San Francisco, California, US, on a prison island called Alcatraz. Usually, we’re a team of four, reminding ourselves as we jump off the cargo plane, of the importance of sticking together and how it increases our chances of
Detained Binance employee, Tigran Gambaryan, has filed a lawsuit against the Economic and Financial Crimes Commission (EFCC) and the NSA. Gambaryan said the EFCC and NSA violated his fundamental human right to liberty by detaining him and seizing his travel documents. The other detained employee
South Africa – Mercedes Benz, Toyota, BMW, Ford, Nissan, Hyundai, Volkswagen, Birkin Cars, Perana, Puma Automovels, Advanced Automotive Design, Hi-Tech Automotive Egypt – JAC Motor, General Motors, Arab American Vehicles, El-Tramco, Ghabbour Group, Speranza Motors, El Nasr, Seoudi Group, MCV, Egy-Tech, Gorika Nigeria – Innoson Vehicles,
Prof. Barth Nnaji, chairman of Geometric Power Group, has attributed the reason he developed the $800m Geometric Power Plant in Aba to Ngozi Okonjo-Iweala and the late James Wolfohnson. He disclosed this at the recently convened leadership colloquium on “Igbo Leadership and Development.” Nnaji linked
Universal Music Group (UMG), the world leader in music-based entertainment, today announced a majority investment in of one of the world’s most dynamic and exciting independent record labels, Mavin Global (Mavin). The deal remains subject to regulatory approval and is expected to close by the
PZ Cussons Nigeria Plc has issued a subtle warning to its shareholders regarding the potential dire consequences if the company’s plans to delist from the Nigerian Exchange Group (NGX) are not approved. The company’s board recently recommended the offer from the Company’s core shareholder, PZ
The foreign exchange turnover saw a significant rise of 76.61% to $117.32 million, coinciding with the Nigerian naira’s strengthening against the dollar in the official market on Tuesday, February 20th, 2024. However, despite this improvement, the intra-day high remained elevated, reaching N1,701 against the dollar
NOVA Merchant Bank Limited, a leading merchant bank in Nigeria, has announced that it is set to begin its conversion to a full Commercial Banking Business following its recent requisition of the national commercial banking license from the relevant authorities. To this end, the Bank
For much of its history, coverage of the African startup scene has tended to be glowing accounts of innovation and grit, and for good reason. A young ecosystem battling scarce funding opportunities, low infrastructural development, and near-absent government support needed all the support it could