news and current affairs.
Angola approves Startups Bill to boost tech ecosystem
Angola just gave its startup scene a massive legal upgrade, locking in new protections that could finally turn the country into a regional tech hub. What the new bill does Angola’s Startups Bill officially passed with general approval. The law fills major gaps in the innovation legal framework. Clearer guidelines now exist for emerging tech businesses. A safer ecosystem aims to pull in more investment. Who helped shape it Startup founders were in the room during discussions. Policymakers and entrepreneurs showed real collaboration. Their engagement signaled shared optimism for innovation. What it means for the economy The framework unlocks opportunities for youth creativity. Job creation and technological advancement are expected...
EIB Global commits €40m to Speedinvest Africa fund
A massive €40 million cash injection from the EU’s development bank is supercharging a European VC’s first Africa-dedicated fund to back the next wave of tech startups across the continent. Who’s getting the cash EIB Global is dropping €40 million into Speedinvest’s new Africa vehicle. Startups in Egypt, Nigeria, Kenya, South Africa, and Morocco are targets. High-potential markets like Ghana, Tunisia, and Uganda also qualify. The fund will back tech-enabled services in payments and healthcare. What the strategy looks like Speedinvest will focus on mobile-based platforms for essential services. At least 30% of capital goes to companies boosting gender equality. The fund qualifies under the global 2X Challenge for women-focused...
Egypt ministry, IFC push data-driven investment system
Egypt is overhauling its investment playbook with a data-obsessed strategy, leaning on global partners to build funds and finally get a grip on its economic metrics. The new investment game plan Minister Mohamed Farid Saleh wants a KPI-driven investment framework. Foreign direct investment and new businesses get monthly tracking. National databases will merge with advanced systems for accuracy. The goal is total transparency in evaluating investment performance. Sustainable funds and carbon market plays Professional investment funds will back startups with global partners. Egypt aims to expand carbon trading and renewable energy certificates. Carbon revenue gets funneled into small environmental projects. Green investments are a...
Nomba unveils API to fix Nigeria's cross-border payments
Nigeria’s cross-border payment scene is getting wrecked by clunky systems, and one fintech is rolling out a new API to fix the liquidity crunch. The structural mess is hurting operators Payment firms face a brutal liquidity squeeze daily. Naira sits idle while foreign currency waits for payouts. Operators hunt for dollars manually after customers deposit. This two-ended capital freeze absolutely crushes margins. The regulatory nightmare of going global Companies juggle rules from Nigeria to the UK and Canada. Central Bank of Nigeria oversight is just one headache. Firms also answer to the UK’s FCA and Europe’s GDPR. Navigating all these regimes demands serious cash and staff. Nomba’s tech play to fix the grind The Global Payout...
Thuso Mbedu wins the Forbes Woman Africa Entertainer award
This win cements her global star power, and the actress just used her acceptance speech to throw down a challenge about building tables instead of fighting for seats. Thuso Mbedu nabs top Forbes Africa honor Actress Thuso Mbedu just took home Entertainer of the Year. The 2026 Forbes Woman Africa Awards went down on March 18. Sandton Convention Centre in Johannesburg hosted the big event. The win celebrates her growing influence across the globe. Her speech pushed a collab-over-grind mindset Mbedu argued that resilience doesn’t require working alone. She urged people to pool their skills and resources together. The actress wants everyone to help each other build opportunities. She quoted Galatians about not giving up before the...
AKA Premium Clothing Brand drops its first collection
The legacy play is officially live, turning fandom into a high-stakes fashion hustle with limited pieces built to sell out fast. AKA’s brand drops its first collection The AKA Premium Clothing Brand launched Drop 001 worldwide. It is a tribute to the late artist’s iconic style. Pieces are crafted overseas to hit global premium standards. Every item focuses on quality fabrics and refined finishes. Exclusivity drives the release strategy Each collection gets a strictly limited number of garments. Limited runs make every drop a collector’s moment. Fans with early access already snagged their pieces. Demand is expected to stay high for the rollout. The digital platform does double duty The immersive site mixes shopping with editorial...
Naledi Aphiwe names the scammer after booking line hack
A hacker just turned this singer’s work phone into a scam hotline, and now she’s putting up her own money to catch the culprit. Hacked phone line sparks fraud alert Singer Naledi Aphiwe’s official booking number got compromised. Her team says an imposter is now running the show. Aphiwe warned fans and promoters to watch their backs. The hacker already tricked one promoter into a fake deal. The alleged scammer’s details Management named Xolani Keitumetse Chiloane as the suspect. The imposter uses phone number 0764952590 for their scheme. A Capitec account number 2066879823 is linked to the fraud. Chiloane allegedly posed as Aphiwe’s management to book gigs. Aphiwe’s cash reward offer A ten-thousand-rand bounty is on the table...
Tribe Gaming cuts social and creative staff
Tribe Gaming just gutted its creative and social teams without a word, leaving employees to announce their own layoffs on LinkedIn while the org keeps posting game clips like nothing happened. Staff Cuts Confirmed At least six Tribe Gaming employees publicly posted about being laid off around March 17-18. Senior Social Media Manager Cody Gray got cut after six years with the org. Project Manager Roger G. confirmed his departure following a seven-year run. Other affected roles include Senior Art Director, Art Director, Graphic Designer, and a 3D Artist. Silent Treatment The company made zero official announcement about the job cuts. Social accounts are still pumping out regular content without addressing the situation. Layoff tracker...
Savvy Games Group buys MOONTON for over $6 billion
Savvy just dropped over six billion dollars to snatch up Mobile Legends from ByteDance, securing the crown jewel of Southeast Asian esports for the Saudi empire. Acquisition Details Savvy Games Group signed a definitive deal to buy MOONTON Games for more than $6 billion. The purchase price makes it one of the largest mobile gaming and esports acquisitions ever. ByteDance and Savvy are waiting on standard regulatory approvals to close the transaction. Zhang Yunfan stays on as CEO with the existing management team keeping their roles. Mobile Legends Empire MOONTON’s flagship title Mobile Legends: Bang Bang boasts over 1.5 billion total installs. The game pulls in more than 110 million monthly active users worldwide. It ranks as a top...
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