Amazon buys MGM Studios for $8.45 billion
Amazon announced that it would pay $8.45 billion for MGM Studios. The enormous purchase by Amazon is expected to boost the ...
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Tag: world tech news
Users on Facebook and Instagram will be able to hide likes on their posts
After years of testing, Instagram is introducing the option for users worldwide to hide like counts on posts, and the change ...
OPAY, an African fintech startup, is reportedly raising $400 million at a market value of $1.5 billion
OPay, an African fintech platform, could be raising $400 million, according to reports. OPay states to have processed $1.4 billion in ...
Lenovo surpasses $60 billion in revenue for the first time, following 20% year-on-year growth
Lenovo Group has announced record fourth-quarter and fiscal-year earnings, with exponential growth in all areas of the business. Group revenue ...
Mozare3, an Egyptian agtech startup, has raised over $1 million in seed funding to help small farmers gain access to markets and loans
Mozare3, an Egyptian agricultural technology firm, has secured over $1 million in a pre-seed round led by Algebra Ventures and ...
In collaboration with Ventures Platform Foundation, JICA launched the NINJA Accelerator Programme in Nigeria, selects eight startups
In response to COVID-19, the Japan International Cooperation Agency (JICA) held the NINJA Business Plan Competition: NINJA Accelerator Programme in ...
Uber partners with Moove to enable Ghanaian drivers to become vehicle owners
Following successful launches in Nigeria and Ghana, Uber has expanded its partnership with Moove, Sub-Saharan Africa's first flexible car ownership ...
Norrsken Impact Accelerator 2021 will grant $1.1 million to 11 African startups
The Norrsken Foundation has announced the participation of 11 African startups in the Norrsken Impact Accelerator 2021, which will begin ...
Egypt leads the Middle East and North Africa region in the Kearney Global Services Location Index 2021, ranks 15th globally
In the latest Kearney report, dubbed "Global Services Location Index 2021," (GSLI) Egypt scored 5.62 % to retain its leading ...
Flat6Labs Accelerator has closed a $13.2 million fund to fund early-stage startups
Flat6Labs Accelerator, a regional Seed accelerator, has announced the second close of its Egypt fund, which has increased from $3.1 ...
Snap acquires Augmented Reality display maker, WaveOptics for more than $500 million
Snap Inc. is paying more than $500 million for Wave Optics Ltd., also known as WaveOptics, a British company that ...
Mono, a Nigerian fintech startup, has raised over $2 million to help Africa’s internet economy develop
Mono, a Nigerian fintech API startup, has raised $2 million in seed funding to help Africa's internet economy develop. Mono, ...
The Big 5
