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Thursday, 3 September
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Top News

Lesotho, UNDP Strengthen Partnership on Digital Transformation and AI Development
Kenya, France Partner on New Science and Engineering Complex at University of Nairobi
Ooredoo, du Partner on Landmark Subsea Cable Project to Boost UAE Digital Connectivity
Guinea Signs Deal for Second Submarine Fibre-Optic Cable to Expand Internet Capacity
Omantel Launches AI Centre of Excellence to Boost Oman’s Digital Innovation Ecosystem
Lesotho, UNDP Strengthen Partnership on Digital Transformation and AI Development
Kenya, France Partner on New Science and Engineering Complex at University of Nairobi
Ooredoo, du Partner on Landmark Subsea Cable Project to Boost UAE Digital Connectivity
Guinea Signs Deal for Second Submarine Fibre-Optic Cable to Expand Internet Capacity
Omantel Launches AI Centre of Excellence to Boost Oman’s Digital Innovation Ecosystem

News

xAI Bags $20bn Series E Funding to Accelerate AI Development and Data Centre Expansion

Elon Musk-backed AI firm xAI has secured $20 billion in a Series E funding round to scale GPU infrastructure, expand data centres, and strengthen its…

By: Adamu Garba

Nigeria’s telecom operators cut 383 jobs in 2024 as operating expenses rose 85% to N5.85 trillion. NCC reports subscriber losses, rising CAPEX, and continued pressures from energy costs, inflation, and multiple taxes.

NCC Reports Deployment of 2,800 New and Upgraded Telecom Towers in 2025

Nigeria’s telecom operators rolled out 2,800 new and upgraded towers in 2025, the NCC says, helping broadband penetration exceed 50% and supporting the country’s $1…

By: Wura Obadare

Nigeria’s FCCPC has brought 521 digital lenders under regulatory oversight following the January 5 compliance deadline, as authorities intensify efforts to clean up the country’s fast-growing loan app market.

Nigeria Tightens Control of Digital Lending as FCCPC Regulates 521 Loan Companies

Nigeria’s FCCPC has brought 521 digital lenders under regulatory oversight following the January 5 compliance deadline, as authorities intensify efforts to clean up the country’s…

By: Wura Obadare

Universal Music Group has entered a strategic partnership with Nvidia to deploy advanced artificial intelligence tools that redefine music discovery, artist creativity, and fan engagement worldwide.

Universal Music Group Teams Up With Nvidia to Reinvent Music Creation and Discovery Using AI

Universal Music Group has entered a strategic partnership with Nvidia to deploy advanced artificial intelligence tools that redefine music discovery, artist creativity, and fan engagement…

By: Adamu Garba

Nigeria’s Federal Government has announced a nationwide digital literacy programme targeting 100 million citizens, supported by Clergywealth Cooperative and aligned with national digital economy and AI strategies.

Nigeria Unveils Plan to Train 100 Million Citizens in Digital Literacy Nationwide

Nigeria’s Federal Government has announced a nationwide digital literacy programme targeting 100 million citizens, supported by Clergywealth Cooperative and aligned with national digital economy and…

By: Wura Obadare

British AI firm Nscale signs a major deal with Microsoft to deploy 200,000 Nvidia AI chips across data centers in Europe and the U.S., potentially worth $14 billion, in collaboration with Dell Technologies.

Microsoft Overtakes Facebook as Most Impersonated Brand in Q4 2025 Phishing Attacks

Microsoft became the most impersonated brand in phishing scams in Q4 2025, surpassing Facebook, as attackers exploited trusted brands during peak online activity periods, Guardio…

By: Adamu Garba

Funke Akindele’s films, Behind The Scenes and Everybody Loves Jenifa, alongside Hollywood titles like Sinners, led Nigeria’s 2025 box office as cinema revenue surged toward ₦15 billion.

Funke Akindele Films and Hollywood Blockbusters Top Nigeria’s 2025 Box Office

Funke Akindele’s films, Behind The Scenes and Everybody Loves Jenifa, alongside Hollywood titles like Sinners, led Nigeria’s 2025 box office as cinema revenue surged toward…

By: Cynthia Okafor

The Zimbabwean government has begun enforcing a 15% tax on payments made to foreign digital service providers, including ride-hailing platforms such as Bolt and inDrive, as well as streaming and internet services like Netflix and Starlink. The charge applies when users pay for these services through local banks or card-based payment systems within Zimbabwe.

Zimbabwe Begins 15% Tax on Foreign Digital Services Including Netflix, Bolt, and Starlink

Zimbabwe has started enforcing a 15% withholding tax on payments to foreign digital platforms such as Netflix, Bolt, inDrive, and Starlink, with banks deducting the…

By: Wura Obadare

Libya Telecom and Technology says it has been hit by sustained DDoS attacks targeting its core systems, prompting emergency response measures amid rising cybersecurity risks in Libya.

Libya Telecom Confirms Ongoing DDoS Attack on Core Networks

Libya Telecom and Technology says it has been hit by sustained DDoS attacks targeting its core systems, prompting emergency response measures amid rising cybersecurity risks…

By: Ovie George

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 Paid $538 Million in Taxes in 2025, Down 23% Year-on-Year

MultiChoice says it paid $538.4 million in taxes in 2025, a 22.7% decline from 2024, driven largely by VAT refunds in South Africa and losses…

By: Adamu Garba

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