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Sunday, 29 March
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Top News

Orange Côte d’Ivoire Launches “Ma Box” App to Enhance Home Internet Experience
Space42 Posts Strong 2025 Results, Accelerates AI-Driven SpaceTech Expansion
Danfoss Launches CoolTrain™ to Fast-Track Data Centre Liquid Cooling Deployment
Ethio Telecom Expands 4G LTE Network to 21 Cities Across Ethiopia
African Startups to Benefit from $46m Speedinvest Fund Backed by EIB Global
Orange Côte d’Ivoire Launches “Ma Box” App to Enhance Home Internet Experience
Space42 Posts Strong 2025 Results, Accelerates AI-Driven SpaceTech Expansion
Danfoss Launches CoolTrain™ to Fast-Track Data Centre Liquid Cooling Deployment
Ethio Telecom Expands 4G LTE Network to 21 Cities Across Ethiopia
African Startups to Benefit from $46m Speedinvest Fund Backed by EIB Global

News

Africa Innovation Watch provides unparalleled access to news stories and events shaping the African tech world today.

At a recent press launch, BudPay, a payment infrastructure company, presented its business payment solution.

BudPay launches BudPay Business for payment solutions

At a recent press launch, BudPay, a payment infrastructure company, presented its business payment solution….

By: IBK

Domain name industry: Nigeria ranks second in Africa as registrations hit 4.33 million

Domain name industry: Nigeria ranks second in Africa as registrations hit 4.33 million

Domain name industry: Nigeria ranks second in Africa as registrations hit 4.33 million…

By: IBK

South Africa’s takeover panel has mandated French media giant Groupe Canal+ SA to immediately extend a mandatory offer to acquire additional shares of pay-TV company MultiChoice, following Canal Plus’ attempt to purchase the remaining stake in the company. Despite Canal Plus already being the largest shareholder with a 35.01% stake, surpassing the 35% threshold triggering the mandatory offer, MultiChoice’s board rejected Canal Plus’ initial bid of 105 rand per share, deeming it significantly undervalued. According to the Takeover Regulations Panel (TRP) in its ruling: “Canal+ must take immediate action to comply with the requirements of.. the (Companies) Act and the regulations by making a mandatory offer to the remaining shareholders of MultiChoice.” Moving forward, Canal Plus contended that it was exempted from making a mandatory offer, citing restrictions in the streaming company’s memorandum of incorporation which limit foreign companies to a maximum of 20% of the broadcaster’s voting rights.

MultiChoice Group stays committed to the challenging Nigerian market – CEO

Despite facing severe economic challenges in Nigeria, MultiChoice Group remains committed to its operations in the country….

By: IBK

Conclusion Apple’s decision to hold down iPhone prices amid Trump tariffs reflects a strategic move to protect its market share while delivering stronger devices with enhanced features. The iPhone Air, iPhone 17, and iPhone 17 Pro position Apple to compete aggressively against global rivals, even as tariffs weigh on its bottom line.

Apple announces integration of ChatGPT into iPhones at Developers Conference 2024 

Device maker, Apple, has unveiled its AI strategy with the announcement of the much-expected integration of OpenAI’s ChatGPT into iPhones….

By: Wura Oba

Strong human technology: how LAPO survives Nigeria’s crunching digital lending space

The LAPO chief said the company has a strong human technology that helps with strong KYC…

By: IBK

Rwandan Central Bank set to launch digital currency in 2026- Deputy Governor

Rwanda plans to launch its Central Bank Digital Currency (CBDC) within the next two years. A…

By: IBK

Egyptian fintech Sahl raises $6 million in joint Seed and Series A funding round

Sahl has become a major player in the Egyptian fintech landscape, serving over 12 million customers monthly and 15 million households in Egypt…

By: IBK

Apple grossed $115.6 billion from iPhone sales in H1 FY 2024 alone…

iPhone reaches $1.97trn lifetime sales, contributes over 50% of Apple’s total revenue

Apple grossed $115.6 billion from iPhone sales in H1 FY 2024 alone……

By: IBK

South Africa’s takeover panel has mandated French media giant Groupe Canal+ SA to immediately extend a mandatory offer to acquire additional shares of pay-TV company MultiChoice, following Canal Plus’ attempt to purchase the remaining stake in the company. Despite Canal Plus already being the largest shareholder with a 35.01% stake, surpassing the 35% threshold triggering the mandatory offer, MultiChoice’s board rejected Canal Plus’ initial bid of 105 rand per share, deeming it significantly undervalued. According to the Takeover Regulations Panel (TRP) in its ruling: “Canal+ must take immediate action to comply with the requirements of.. the (Companies) Act and the regulations by making a mandatory offer to the remaining shareholders of MultiChoice.” Moving forward, Canal Plus contended that it was exempted from making a mandatory offer, citing restrictions in the streaming company’s memorandum of incorporation which limit foreign companies to a maximum of 20% of the broadcaster’s voting rights.

Nigerian Tribunal fines Multichoice N150m, one-month free DStv/Gotv subscription for users

Nigeria’s Competition and Consumer Protection Tribunal sitting in the country’s capital, Abuja has fined Multichoice Nigeria the total sum of N150 million for challenging the…

By: IBK

“I use TikTok to dispel negative stereotypes about Africa and educate people about what an amazing place it is. I use my platform to not only entertain but spread awareness on the beauty of African culture and its people,” said Charity Ekezie. Charity will partner with the Paradigm Initiative, an NGO that works to connect underserved young Africans, empower them with crucial digital, life, and business skills, and ensure the protection of their rights. Their programmes include Life Skills, ICT, Financial Readiness, Entrepreneurship (LIFE) training, and other digital rights programs. “At Paradigm Initiative, we are constantly looking to explore creative ways to communicate the great work we do to protect and promote digital rights and inclusion in Africa. We strongly believe that this opportunity brings life to that aspiration“, said Adeboye Adegoke, Senior Manager, of Grants & Programs Strategy, at Paradigm Initiative

Nigerian content creator, Charity Ekezie named as one of 50 beneficiaries of TikTok’s $1M grant for Social Impact

Charity will partner with the Paradigm Initiative, an NGO that works to connect underserved young Africans, to empower them……

By: IBK

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