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BYD Soars While Tesla Stumbles in Q1 2025
Chinese automaker BYD kicked off 2025 with a 58% surge in sales, delivering 986,098 vehicles in Q1, including 416,388 pure EVs. Meanwhile, Tesla’s Q1 sales are projected to be significantly lower, with estimates ranging from 340,000 to 377,000 units. While BYD’s rapid expansion is fueled by cutting-edge tech like smart driving at no extra cost…
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Why Lagos’ Coastline is Becoming a Data Center Hotspot
Global investors are rushing to Victoria Island and Lekki to tap into Lagos’ booming data center market, projected to reach 80 megawatts (MW) by 2027. Thanks to eight submarine internet cables landing along the coastline, Lagos is poised to become Africa’s second-largest data hub, after Johannesburg. Proximity to these undersea cables ensures faster data transmission,…
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Nigeria’s cNGN Stablecoin Seeks Key Exchange Listings
The Africa Stablecoin Consortium (ASC) is in early talks with Roqqu and Yellow Card to list cNGN, Nigeria’s first regulatory-approved stablecoin. While the stablecoin has already secured listings on Busha and Quidax, expanding to larger exchanges is crucial for its remittance and cross-border transaction use cases. However, major exchanges remain hesitant, citing low demand, compliance…
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AI Agents Are Transforming Tech, But Are Jobs at Risk?
The rapid rise of AI-powered tools is revolutionizing software development, particularly in Africa, where startups like Vzy, a0dev, and Stakpak are leveraging AI to streamline tasks that once required specialized talent. These tools enable faster product development and reduce costs, but they also raise concerns about job displacement. While AI agents help automate complex DevOps…
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The Life and Legacy of Teejay Opayele: A Tragic Loss and a Call for Justice
On March 4, 2025, Adetunji ‘Teejay’ Opayele, the Chief Technical Officer of Bumpa, was struck by a reckless driver while returning from the gym in Victoria Island, Lagos. He succumbed to his injuries the next day due to delayed medical attention, a heartbreaking end for a 32-year-old innovator who was transforming Nigeria’s e-commerce landscape. The…
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Tunisia Shuts Down Bolt and Heetch Amid Plans for Government-Backed Ride-Hailing App
Tunisia is reportedly shutting down Bolt, Heetch, and other foreign taxi-hailing services as part of a government plan to introduce a state-backed ride-hailing platform. The move follows corruption investigations into these companies, with authorities accusing them of money laundering, tax evasion, and operating without proper licenses. Sources suggest the shutdown is a strategic move to…
