From Lagos to Nairobi

AvtoVAZ, Russia’s largest automaker, is making a major push into Nigeria by setting up a spare parts hub and service center at the Lekki Free Trade Zone in Lagos before the end of 2025. The company is also in talks with the Nigerian government to establish a local assembly plant, aiming to tap into the…

Tunisia is moving to suspend Bolt over allegations of tax evasion, money laundering, and operating without proper licenses. Authorities claim to have seized 12 million dinars ($3.8 million) linked to several ride-hailing apps, including Bolt, accusing them of illegally transferring funds abroad. This crackdown coincides with Tunisia’s plan to launch a state-backed ride-hailing app, which…

MTN Group and Airtel Africa have signed a network-sharing agreement in Nigeria and Uganda to reduce operational costs and expand mobile coverage. This strategic move comes as both telecom giants face financial pressures due to currency devaluation and economic challenges, particularly in Nigeria, their biggest market. By sharing towers, base stations, and fiber-optic networks, the…

Africar Group and AUTO24.africa have launched EV24.africa, a pan-African marketplace for electric vehicles, making EVs more accessible across all 54 African countries. The platform offers over 200 models from more than 25 global brands, providing competitive pricing, financing options, and expert import support. As African governments introduce new incentives to accelerate EV adoption, EV24.africa simplifies…

AI-powered lending platform Payhippo has officially rebranded to Rivy, reflecting its shift toward financing renewable energy solutions in Africa. Alongside the rebrand, Rivy announced a $4 million pre-Series A funding round—$2M in debt and $2M in equity—backed by All On and EchoVC Eco, both climate-focused investors. Since its 2019 launch, Rivy has evolved from providing…

Elon Musk’s AI company, xAI, has integrated its chatbot Grok into Telegram, marking its first major expansion beyond the X (formerly Twitter) platform. Now available as a free feature for Telegram Premium subscribers, Grok introduces real-time AI capabilities to Telegram’s 1 billion+ users. While Grok’s conversational AI is accessible via the @GrokAI bot, advanced features…