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Jiji bets on Bangladesh’s growing e-commerce market in first Asian expansion
African e-commerce giant Jiji is expanding beyond the continent for the first time, with plans to launch in Bangladesh. The move is driven by the country’s growing middle class, rising mobile connectivity, and a projected $13 billion e-commerce market by 2027. Jiji, which operates in seven African countries, sees Bangladesh as a high-growth opportunity, with…
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10 Top Investors in Startups in Egypt
Egypt’s startup ecosystem is experiencing rapid growth, with venture capital investments increasing by 37% annually. Several key investors are driving this momentum by providing funding, mentorship, and strategic support across various industries, including fintech, e-commerce, and healthtech. Flat6Labs has invested $85 million, supporting over 2,000 entrepreneurs with funding of up to $500,000 per startup. A15…
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Google Moves Android Development Behind Closed Doors
Google has announced a major shift in Android’s development process by making it fully private. Previously, some parts of Android’s progress were visible through the Android Open Source Project (AOSP), but going forward, all development will happen internally at Google. This means that developers, manufacturers, and the public will no longer have real-time access to…
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Russian Automaker AvtoVAZ Expands Into Nigeria
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…
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Tunisia to suspend Bolt for alleged tax evasion, launch state-backed ride-hailing app
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…
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MTN and Airtel ink network-sharing agreement in Nigeria, Uganda to cut costs
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…
