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Industry Analysis

Samsung Electronics to cut up to 30% jobs in global divisions—Report 

South Korea-headquartered Samsung Electronics is reportedly planning to lay off up to 30% of its staff in some divisions across its global operations….

By: Wura Oba

Launch Africa, Techstars, 54 Collective top list of active investors in Africa in H1 2024

Several investors and venture capitalists are still showing significant interest in the African continent…

By: IBK

As Telegram reward token $DOGS prepares to launch on Monday, analysts speculate $0.04 list price 

$DOGS is a web3 project that rewards users with tokens commensurate with the age of Telegram accounts…

By: IBK

Ethical considerations and bias in AI implementations in Africa

Artificial Intelligence has the potential to drive significant socio-economic transformation across Africa, from improving healthcare and education to fostering innovation in agriculture and finance….

By: IBK

New GSMA report highlights Nigeria’s potential to lead in AI-driven development across Africa

Agriculture and energy are among key sectors of AI opportunity in Nigeria as the African continent looks to untap almost $3 trillion of potential value…

By: IBK

Uber to deploy 100,000 new electric vehicles to its global markets excluding Africa

Uber may not be in a hurry to introduce electric vehicles into African markets that are not ready for it…

By: IBK

MTN, Piggyvest, Flutterwave, Kuda make CNBC top fintech companies of 2024

American news and business channel, CNBC, has recognized seven African companies in its World’s Top Fintech Companies 2024 report, highlighting them among the 250 leading…

By: Wura Oba

Businesses disrupted globally as Microsoft suffers technical glitch 

Businesses across the globe have been disrupted as a result of a series of technical glitches in Microsoft’s systems….

By: Wura Oba

Salesforce Layoffs: Tech giant trims 300 jobs amid restructuring efforts

Salesforce, a prominent leader in cloud-based software solutions, has implemented significant workforce reductions, affecting approximately 300 employees in July….

By: Wura Oba

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