Category: Companies

The Biden administration approved a massive $8 billion drilling project in Alaska for oil company ConocoPhillips, drawing objections from environmental groups who say it will speed up the climate breakdown…

The collapse of Silicon Valley Bank is the largest failure of a financial institution since Washington Mutual went under in 2008. The Onion asked tech moguls how they felt about…

By Johanna Monthe, Divine Afuba and Boris Awa While many acquisitions are being witnessed in Anglophone Africa in recent years, the rate is quite low in Francophone Africa. This low…

When Twitter Blue was announced in June 2021, many hoped that it would bring a new dimension to how user experience would improve with the social media platform. However, Elon…

M-Pesa’s legitimacy is being challenged in court. The lawsuit strikes at the heart of Safaricom’s mobile money service. But some of the issues raised are not new; they have been…

But CEO Peter Ndegwa’s job is safe. Kenya’s top telco, Safaricom, has continued its corporate shakeup with the appointment of new board members. Last week, Karen Kandie and Ory Okolloh…

For many observers, one of the signs that Twitter was taking its African market seriously was its decision to open an office on the continent. Twitter is the second-most-used social…

Bolt, the Estonia-based ride-hailing platform, is laying off 17 out of its 70 employees in Nigeria. According to sources close to the business who spoke to TechCabal, the layoffs affected…

Since 2021 Ethiopia’s government has wanted to sell 40% of its stake in state-owned Ethio-Telecom, then the sole operator in the East African nation. The government hopes increasing how much…

Kenya’s Employment and Labour Relations Court on Monday refused the Facebook parent company’s request to remove it from a suit about working conditions for content moderators. The case filed by…