News from the tech and telecoms sector in Nigeria
Jumia posts $20 million operating loss in Q3 2024 as revenue declines
African startups secure $250 million in October, bolstered by Moniepoint’s Series C
FG to establish National Research Council, Fund to advance innovation in Nigeria
World’s first wooden satellite, LignoSat, launched into space for a sustainability test
Equinix appoints Wole Abu as MD West Africa, finalises $320 million MainOne acquisition
Apple moves to invest millions of dollars in Indonesia amid iPhone ban
OpenAI moves to become a for-profit business after its $6.6 billion fundraising
Meta’s Threads social network hits 275 million monthly active users
FG appoints Emeka Afigbo, Iyin Aboyeji, 5 others as 3MTT Advisory Committee members
Elon Musk faces legal setback in Court battle over Twitter severance payouts
OpenAI adds search functionality to ChatGPT to compete with Google, Microsoft