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π°FSD Africa Investments commits Β£10 million to ARM-Harith's Climate and Transition Infrastructure Fund π±Zuckerberg testifies in Meta's historic antitrust trial over Instagram and WhatsApp π΅ OPay's valuation reaches $2.75 billion amid slowdown in unrealized gains and global fintech challenges π±Realme 14 Pro Series Launches with World's First Triple-Lens Flash and Cutting-Edge AI Camera Tech π Blue Origin Launches First All-Women Space Tourism Flight |
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| | | π°FUNDING | FSD Africa Investments commits Β£10 million to ARM-Harith's Climate and Transition Infrastructure Fund |  | ARM-Harith CEO Rachel More-Oshodi |
| FSD Africa Investments (FSDAi), a specialist development finance investor backed by the UK, has announced a significant investment of Β£10 million (approximately $13.2 million) into ARM-Harith's Climate and Transition Infrastructure Fund. This strategic investment aims to unlock local institutional capital specifically for climate infrastructure projects in Nigeria. | The investment from FSDAi introduces an innovative financial solution that addresses a persistent challenge faced by Nigerian pension funds in the realm of infrastructure equity finance: the need for early liquidity while investing. Traditionally, domestic institutional investors have been hesitant to engage in this asset class due to the lack of predictable interim distributions during the initial phases of investment. By facilitating these early returns, FSDAi's initiative directly confronts a major barrier that has historically prevented local institutional capital from entering the infrastructure sector.....β¦continue reading |
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| | | | π΅ FINTECH | OPay's valuation reaches $2.75 billion amid slowdown in unrealized gains and global fintech challenges | | Africa-focused fintech company OPay has achieved a significant milestone, with its valuation now reaching $2.75 billion, as reported in recent regulatory filings from its minority investor, Opera Limited. While this increase in valuation is noteworthy, the filings also highlight a significant slowdown in unrealized fair value gains associated with OPay. | Opera Limited, an early investor in OPay, holds a 9.4% stake in the company, which is valued at approximately $258.3 million in 2024, a slight increase from $253.3 million in 2023. The filings reveal that Opera's unrealized fair value gains from its investment in OPay were reported at $89.8 million in 2023. However, this figure plummeted to just $5 million in 2024, indicating a considerable deceleration in the growth of OPay's market value.......β¦continue reading |
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| | | π±SOCIAL MEDIA | Zuckerberg testifies in Meta's historic antitrust trial over Instagram and WhatsApp | | On Monday, Meta Platforms CEO Mark Zuckerberg took the stand in a pivotal trial in Washington, D.C., where U.S. antitrust regulators are challenging the company's acquisitions of Instagram and WhatsApp. The Federal Trade Commission (FTC) alleges that Meta spent billions on these purchases to eliminate competition and maintain its dominance in the social media landscape. | The FTC is seeking to compel Meta to either restructure or divest its ownership of Instagram and WhatsApp, a move that tests the promises made by former President Donald Trump to tackle the influence of Big Tech. This legal battle poses a significant threat to Meta, which, by some estimates, derives approximately half of its U.S. advertising revenue from Instagram........β¦continue reading |
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| | | π¦ DEVICES | Realme 14 Pro Series Launches with World's First Triple-Lens Flash and Cutting-Edge AI Camera Tech | | Realme, one of the world's fastest-growing smartphone brands, has officially unveiled the much-anticipated realme 14 Pro series, setting a new standard for mid-range smartphones. The new series includes the realme 14 Pro and realme 14 Pro+, each loaded with powerful hardware, innovative camera technology, and premium design β all at a competitive price point. | One of the standout features of the series is the world's first Sony triple-lens flash, introduced as MagicGlow, which transforms night photography. This intelligent lighting system adjusts brightness and color temperature for more natural skin tones and vivid portraits, even in challenging lighting conditions. | On the photography front, the realme 14 Pro+ impresses with a 50MP Sony IMX890 main camera with a 1/1.56β³ sensor and 24mm focal length, capable of DSLR-level image quality. Both models also feature the Sony IMX882 sensor, offering a 120X periscope Superzoom lens with optical image stabilization (OIS), ideal for ultra-clear shots from 0.6x up to 30x zoom.......β¦continue reading |
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| | | π SPACE TRAVEL | Blue Origin Launches First All-Women Space Tourism Flight | | Space just got a lot more inclusive β and a little more inspiring. On April 14, 2025, Blue Origin launched its first-ever all-women space tourism flight, and it was nothing short of groundbreaking. The six-woman crew aboard the New Shepard rocket included familiar faces, accomplished professionals, and trailblazers from across the globe, each bringing their own story and energy to the mission. | The lineup featured singer Katy Perry, journalist Gayle King, philanthropist Lauren SΓ‘nchez, former NASA rocket scientist Aisha Bowe, civil rights activist Amanda Nguyen, and film producer Kerianne Flynn. Together, they represented a beautiful mix of science, storytelling, activism, and entertainment β showing the world that space travel isn't just for astronauts or engineers anymore. It's for women with purpose, personality, and passion. | This wasn't a test mission or a publicity stunt. It was a powerful message: space is open to everyone. And while it may have only lasted about 11 minutes, those few minutes packed a punch in terms of symbolism and impact........β¦continue reading |
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| | | OTHER STORIES | Egyptian Q-Commerce Startup Rabbit Secures Funding for Expansion into the Saudi Marketβ¦..continue reading The European Union, in collaboration with the Government of Togo, has officially opened applications for startups eager to present their ideas at the upcoming BlueInvest Africa event, scheduled to take place in LomΓ©, Togo, on October 15-16.β¦β¦.continue reading Button Bash Levels Up: $500 Tournament Prizes Announced for Zimbabwe's First Major Gaming Conventionβ¦..continue reading AVCA Releases 2024 Venture Capital in Africa Report: Insights on Funding Trends and Market Dynamicsβ¦..continue reading
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