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MTN Nigeria warns of possible shutdown if tariffs are not increased

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MTN Nigeria has warned of a potential shutdown if tariffs are not increased to address the rising operational costs that are threatening the profitability...

Dash finally shuts down after raising $86.1 million in 5 years

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Dash, the Ghanaian fintech company with a mission to connect mobile money wallets and bank accounts across Africa, has confirmed that it is shutting...

Nigerian Healthtech 54gene shutting down

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54gene, a Nigerian genomics startup that raised $45 million in three funding rounds, is shutting down. Founded in 2019 by Dr. Abasi Ene-Obong, 54Gene aimed...

NCA holding shutdown talks with Surfline?

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The National Communications Authority (NCA) has said it is holding discussions with Surfline over their lingering service outage, and the issues on the table...

Nigerian crypto payments startup Lazerpay shuts down, selling IP

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After announcing layoffs in November 2022, Nigerian crypto payments startup Lazerpay has shut down.  According to Founder and CEO, Emmanuel Njoku, the decision to shut down the...

Dark Web marketplace “Genesis” shut down, 119 arrested

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An illicit online marketplace where users sold stolen passwords, bank account information and other sensitive data was shut down by US, UK, Dutch and other...

Fintech startup TenureX shuts down after funding dries up

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Israeli correspondent banking start-up, TenureX has shut down due to lack of funding. “It is with a heavy heart that I must share the news...

Google finally shuts down Hangouts

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Google has finally shutdown Hangouts, its text, video and voice chat app 10 years after its launch. Hangouts which launched in 2013 as Android's default...

Kenyan start-up Sky.Garden face closure

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Amidst news of global funding winter, Kenyan B2C marketplace Sky.Garden is facing reportedly closure.  TechCrunch reports that the Amazon-like start-up may be facing closure after...

Google Cloud to shut down IoT Core service

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Google Cloud has announced this week that it’s shutting down its IoT Core service, giving customers a year to move to a partner to...
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