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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.

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.

Canal+ ordered to make mandatory bid for MultiChoice shares by SA regulators with 35.01% stake

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…

By: IBK

Apple releases iOS 26.1, improving battery life, performance, and security for iPhones. The update fixes bugs, enhances privacy, and adds new child safety features for users across Nigeria, Kenya, South Africa, and beyond.

Apple to discontinue electric car project after 10 years, to direct resources to AI

The parent company behind the iPhone and MacBook, Apple will now wind down its team working on electric cars, called Special Projects Group, a decade…

By: IBK

The Nigerian Communications Commission (NCC) has restated its instruction to telecom operators, emphasizing the necessity to block sim cards of telephone subscribers who haven’t linked their National Identification Numbers (NINs) by February 28, 2024.

NCC orders MTN, Glo and Airtel to block SIMs not linked with NIN

The Nigerian Communications Commission (NCC) has restated its instruction to telecom operators, emphasizing the necessity to block sim cards of telephone subscribers who haven’t linked…

By: IBK

MTN South Africa grew its subscriber base to 40.1 million in Q3 2025 but recorded a 2.8% drop in voice revenue and a 5.1% decline in fintech earnings. Data revenue surged 6.4%, driven by rising usage and strong smartphone penetration.

Poor network quality: MTN Nigeria blames fibre cuts, apologises to users

Leading Nigerian telco company, MTN Nigeria has blamed fibre cuts for the recent difficulty in making calls and data usage that customers are currently experiencing…

By: IBK

The Customs boss said Nigerians are to present their NIN to prevent multiple collections

Here are 5 tech options the Nigeria Customs Service can use to distribute food palliatives safely

In a tragic turn of events, the Nigeria Customs Service has temporarily suspended its nationwide food distribution initiative, launched in Lagos, following a fatal stampede….

By: IBK

In the payment landscape of the Middle East and Africa (MEA), Money Hash has successfully raised $4.5 million in funding for its payment orchestration platform tailored for merchants in the region.

Egypt’s MoneyHash secures $4.5m investment to boost payment plan for MENA merchants

In the payment landscape of the Middle East and Africa (MEA), Money Hash has successfully raised $4.5 million in funding for its payment orchestration platform…

By: IBK

IFC has today announced the names of 100 women-led startup owners selected to participate in the She Wins Africa programme.

IFC announces 100 women startups to receive growth support through ‘She Wins Africa’

IFC has today announced the names of 100 women-led startup owners selected to participate in the She Wins Africa programme….

By: IBK

The CBN’s Q3 2025 Credit Conditions Survey reveals an increase in secured loan defaults, while unsecured loan performance improved. Banks expanded credit availability, approved more loans, and recorded lower default rates among corporate borrowers.

CBN Gov says $26bn from unidentified people passed through Binance Nigeria in the last year

Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN) has said in the past 12 months, $26 billion has passed through crypto exchange…

By: IBK

Billionaire Jeff Bezos, Nvidia join OpenAI in $675 million funding for humanoid robot startup 

Tech moguls, including Jeff Bezos, are delving into the world of human-like robots, a venture driven by the quest to explore novel applications for artificial…

By: Wura Oba

AI fake news websites rise to 713 in February 2024 – Report  

The platform providing transparent tools to counter misinformation, NewsGuard, has revealed that the number of websites using AI-generated content to spread fake news has increased…

By: Wura Oba

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