Flutterwave has partnered with Turnkey and Nuvion to introduce stablecoin wallets, enabling users to hold and transact USDC and USDT directly on its payment platform.
GTCO Raises ₦10bn in Private Placement as Single Investor Buys 125m Shares
GTCO has successfully raised ₦10 billion through a 100% subscribed private placement of 125 million ordinary shares priced at ₦80 each.
Social Media Addiction Debate: Should Facebook, TikTok, and YouTube Take the Blame?
Snapchat’s addiction lawsuit settlement has reignited debate over whether social media platforms like Facebook, TikTok, and YouTube are responsible for teen addiction and mental health risks.
Andela Buys Woven to Advance AI-Native Engineering Talent Assessments
Andela has acquired Woven to enhance AI-native engineering assessments, responding to rising enterprise demand for production-ready AI talent.
EFCC Alleges N162bn Crypto Fraud Involving Bank, Fintechs, Microfinance Firms
The EFCC says a commercial bank, fintech companies, and microfinance banks enabled N162 billion cryptocurrency-linked fraud through poor KYC and AML compliance.
Michael O’Leary Rules Out Elon Musk Buying Ryanair, Explains Starlink WiFi Rejection
Ryanair CEO Michael O’Leary has dismissed speculation about Elon Musk acquiring the airline, citing EU ownership limits, and revealed why talks with Starlink collapsed after a year.
Ubisoft Drops Prince of Persia Remake as Studio Closures Mark Strategic Overhaul
Ubisoft has scrapped six game projects, including the Prince of Persia: The Sands of Time remake, and announced studio shutdowns as it shifts focus to core franchises amid rising development costs.
Blue Origin Launches TeraWave Satellite Network to Challenge Starlink
Jeff Bezos’ Blue Origin unveils TeraWave, a high-speed satellite internet network with 5,408 LEO and MEO satellites, set to compete with Elon Musk’s Starlink globally.
OneDosh Secures $3 Million Pre-Seed to Launch Stablecoin-Based Cross-Border Payments
African-focused fintech OneDosh raises $3M pre-seed to develop a stablecoin-driven global payments platform, enabling faster, cheaper, and programmable international money transfers.
![Gridless, a bitcoin mining company in East Africa, helping to bring new energy generation to rural communities, announced today that it secured a $2 million seed investment round. Venture capital investor Stillmark and Block, co-founded by Jack Dorsey, led the round, in addition to an angel round led by Factor[e]. The investment will support the company’s further expansion of bitcoin mines across African markets.](https://innovationwatch.africa/wp-content/uploads/2025/08/Bitcoin.webp)
Bitcoin Loses $10,000, Erasing January Gains as Market Sentiment Collapses
Bitcoin plunges nearly 10% from its 2026 high to $87,790, wiping out January gains as macroeconomic fears, leverage liquidations, and market volatility push crypto sentiment into extreme fear.