From Lagos to Nairobi

The agreement centers on developing an advanced OTT (over-the-top) streaming platform that promises to be fast, reliable, and user-friendly. This strategic initiative will allow Arabsat to expand beyond traditional satellite services and enter the direct-to-consumer digital market. The platform will also offer white-label solutions, enabling broadcasters and content providers throughout the region to launch their…

Uganda’s telecommunications landscape is set for a significant transformation as the state-run Uganda Telecommunication Corp. (UTel) prepares to welcome a substantial investment from Dubai-based Rowad Capital Commercial (RCC) LLC. The $225 million deal includes RCC acquiring a 60% majority stake in UTel, marking a pivotal moment in the company’s development. To read more click here

Jumia, Africa’s top e-commerce platform, anticipates generating sufficient revenue to cover its operating expenses by 2027. While this does not equate to net profitability, as taxes may still affect the bottom line, it marks a significant achievement for a publicly traded company that has traditionally posted losses. To read more click here

After laying off half of its workforce in Nigeria, Microsoft will reduce its office space at the Kings Tower building in Ikoyi from six floors to two, suggesting a scaleback in its Nigerian operations. One person with direct knowledge of Microsoft’s business said the global technology company may not renew its tenancy in 2025 when its current…

Ai Kenya started as a grassroots initiative in 2017. Back then, it was just a small group of enthusiasts trying to demystify artificial intelligence (AI) for local developers and students. Today, it’s a full-blown AI agency with paying clients, policy influence, and a growing catalogue of services. It’s run by Alfred Ongere, who recently left his day…

Meta, the parent company of Facebook and Instagram, has warned it could shut down its services in Nigeria if ongoing disputes with regulatory bodies remain unresolved. The tech giant is facing close to $300 million in fines and says Nigeria’s data protection demands are excessive and unrealistic. To read more click here