Ali Toheeb

Airtel and SpaceX Join Forces to Bring Starlink Satellite Internet to Africa’s rural areas

News /

What’s Happening? Airtel Africa has partnered with SpaceX to expand Starlink’s high-speed satellite internet services across the continent, targeting rural and underserved regions where traditional mobile networks struggle to provide reliable connectivity. SpaceX has already secured operating licenses in nine of the 14 African countries where Airtel operates, including Nigeria, Kenya, and Zambia, with regulatory […]

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Spotify Faces €76M Tax Hit Amidst Subscriber Growth and Revenue Surge

Consumer tech, Global /

What’s Happening? Spotify has reported a significant increase in premium subscribers and revenue for Q1 2025, but a €76 million charge related to payroll taxes has impacted its operating profit, leading to a decline in share value. The company added 5 million premium subscribers, bringing the total to 268 million—a 12% year-over-year increase. Monthly active

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Maroc Telecom’s Profit Falls 5.9% Amid Regulatory Fines

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What’s Happening? Maroc Telecom reported a 5.9% decline in its first-quarter net profit for 2025, attributing the downturn to regulatory penalties and increased operational costs in its domestic market. The company’s net profit fell to MAD 1.43 billion ($154 million), while consolidated revenue decreased by 2% to MAD 8.8 billion.​ The revenue drop was primarily

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Kenya digital asset exchange platform interface.

Kenya Partner with Canadian Firms to Launch Blockchain-Powered Digital Asset Exchange

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What’s Happening? The Nairobi Securities Exchange (NSE) has partnered with Canadian based DeFi Technologies, SovFi, and Valour Inc. to establish the Kenya Digital Exchange (KDX), a regulated blockchain platform for tokenizing real-world assets like equities, debt, and commodities. This follows a MoU between Valour, the NSE, and SovFi to create and trade digital asset exchange-traded

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Workers’ Day Protest: Lagos Drivers to Suspend Uber, Bolt, inDrive Services on May 1

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App-based drivers under the Amalgamated Union of App-based Transporters of Nigeria (AUATON)Lagos Chapter have announced plans for a massive 24-hour service shutdown affecting major ride-hailing platforms on International Workers’ Day over alleged anti-labour practices by app-based companies including Uber, Bolt and inDrive. Whats Happening? As Reported by Technext, Steven Iwindoye, Public Relations Officer of AUATON’s

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