news and current affairs.
Funke Akindele's flick rakes in over $190k across the pond
Nollywood just smashed a huge box office record overseas. Funke Akindele's recent film, Behind The Scenes, pulled in massive earnings across North America, specifically in Canada and the United States. These numbers helped push the movie to become the highest-earning Nollywood release ever. Her total earnings from Nigeria and Ghana also reached a staggering amount of over two billion naira. The actress and filmmaker shared a grateful message with her followers on social media. She thanked supporters in Canada, the United States, Nigeria, and Ghana for their intense loyalty. Akindele called her fan base her family, crediting their devotion as a key reason for her achievement. She reflected that consistent effort and personal growth...
Jeriq says the beats saved him from the cell and cuffs
Dude literally went from handcuffs to hip-hop. Jeriq, a rapper from Enugu, credits music with pulling him away from a life filled with crime. He told an online interviewer about multiple arrests, showing scars left by restraints from different police units. Without his musical career, he believes he would be incarcerated. His move into the Lagos scene was rough initially. Collaboration proved tough because he wasn't an established artist at the time. A major shift happened through a joint project with the artist Dremo, their EP called East and West. That release changed his career path significantly. Jeriq now performs primarily in the Igbo language. He expresses strong confidence that this choice will propel him to a global audience...
OneKard launches global payment platform for African firms
Another payment platform is throwing its hat in the ring for African businesses going global. OneKard launched a service aimed at manufacturers, exporters, and schools needing better cross-border money movement. It solves common headaches like slow settlements, currency swings, and weak support from existing global providers. Businesses can open foreign currency accounts, hedge payments, and get same-day transfers. CEO Tomi Ovia stated the platform was built after seeing how much momentum African companies lose using ill-fitting tools. The goal is to provide clarity, speed, and control over international finances. COO Oluwaseyi Otunla highlighted its focus on real constraints like exchange risk and cash flow timing. This approach helps...
SmartScale Ghana wraps AI training, preps Lagos launch
An AI bootcamp just armed Ghana's entrepreneurs with new tech weapons. The SmartScale Ghana initiative provided local founders with hands-on artificial intelligence training and business applications. Participants worked through interactive sessions and real-world exercises to understand how AI drives growth. The program aimed to help startups stay competitive in fast-moving markets. Facilitator Daniel Twum shared extensive practical experience with the attending cohort. The event was hosted at the SG Innov8 hub by Société Générale Ghana. George Adjebeng, leading that hub, stressed integrating accessibility for Persons with Disabilities into entrepreneurial products. The focus remained on practical skills for immediate business impact...
Paystack goes profitable, launches Stack Group for growth
A major African payments player just completely reshuffled its corporate deck. Paystack launched a new parent company called The Stack Group, signaling a huge expansion beyond its payment roots. The move comes as the group hits profitability, serving over three hundred thousand businesses across multiple African countries, representing nearly half the continent's economic output. The restructuring creates a holding company for several distinct brands. Paystack itself will keep handling merchant payments. A consumer-focused brand named Zap will address personal payments. Paystack Microfinance Bank will innovate banking services, while a TSG Labs division explores emerging technologies beyond finance. Founder and CEO Shola Akinlade...
Nigeria's 3MTT trains 135K tech talents, eyes scale-up
Nigeria's huge tech training push is already racking up big numbers. The country's Three Million Technical Talent program has already put over a hundred thirty-five thousand people through training. Communications Minister Dr. Bosun Tijani shared the update, noting community resources have reached more than three hundred thousand learners nationwide. The initiative also created around fifteen thousand job pathways so far. Over one point eight million people are currently in the program's pipeline. The goal remains to equip three million citizens with digital skills for the labor market. As the effort moves beyond its first stage, the focus shifts to deepening impact. Priorities include strengthening the alumni network and expanding...
MTN flips on 4G+ in Wun Kuel to bridge the South Sudan gap
Cell service just got a major upgrade in a remote South Sudanese town. MTN South Sudan activated a high-speed 4G plus site in Wun Kuel, located within Warrap State. This expansion brings faster mobile broadband to a previously underserved part of the country, aiming to meet rising demand for digital services there. Residents and local businesses can now access improved data speeds and stronger network performance. The enhanced connectivity supports smoother online communication and digital platform use. MTN's strategy focuses on extending reliable internet access across South Sudan to bridge digital divides. The investment in Warrap State infrastructure should benefit education, commerce, and social interaction. Improved access to...
Paymentology taps Kesheni Moodley to lead Africa growth
A payments processor just tapped a heavy hitter to lead its African charge. Paymentology named Kesheni Moodley its Regional Director for Africa to boost its local leadership. The company provides cloud-first tech for banks and fintechs issuing payment cards across the region. Moodley brings over two decades of experience in payments and enterprise technology to the role. She previously served as Chief Commercial Officer at Ozow, driving real-time payments adoption in South Africa. Before that, Moodley held senior positions at Accenture, IBM, and Siemens. Her focus will include expanding program management and forging stronger client bonds. Paymentology aims to grow its footprint as demand for modern issuing infrastructure accelerates...
Teraco shuffles execs as SA data centre demand climbs
A data center giant just reshuffled its top brass for a major expansion push. Teraco promoted its longtime CFO, Samuel Erwin, to Managing Director, reporting to CEO Jan Hnizdo. Erwin will handle broader operations and craft the company's energy strategy, including a new utility-scale solar initiative. This leadership shift aims to tackle the complex growth from soaring cloud and AI demand across South Africa. Raj Nana steps into the Chief Financial Officer role. He brings decades of experience from investment banking and property development, most recently as CFO at real estate firm Attacq. His background in financing big projects supports Teraco's capital-intensive building plans. The company is a Digital Realty subsidiary and...
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