Spotify Technology SA co-founder Daniel Ek is pocketing gains from the audio-streaming giant’s stock rebound while increasingly building up his investments outside the company. Ek has filed to sell 650,000 shares of the Swedish firm in recent months through two separate transactions. That’s the first time he’s unloaded stock more than once at this stage of the year since 2021, according to data compiled by Bloomberg from regulatory documents. He filed his latest sale document on Wednesday for shares worth about $119 million through JPMorgan Chase & Co., after lining up ..read more

Universal Music France (UMF), a division of Universal Music Group (UMG), the world leader in music-based entertainment announced a new strategic relationship with Binetou Sylla, acclaimed producer and founder of leading independent label Wèrè Wèrè Music to lead Def Jam Africa within French-speaking markets on the continent, in collaboration with Universal Music France and its Capitol France division.  Dedicated to developing French-speaking African artists, the partnership will help foster the discovery and nurturing of new and existing talent, enabling Def Jam Af ..read more

In a significant step to advance food security in Kenya, the Africa Fertilizer Financing Mechanism has launched a project that will help deliver nearly 8,000 tons of fertilizers to 100,000 smallholder farmers, boosting harvests and incomes. Through its Fertilizer Financing for Sustainable Agriculture Management Project, the Mechanism will provide a $2 million partial trade credit guarantee and a grant of $219,000 to Apollo Agriculture Limited, a Kenyan corporation, to facilitate the company’s fertilizer sales. The Norwegian Agency for Development Cooperation, through a contribution of $10.15 m ..read more

Topco Media, a leading B2B media and events producers announced the forthcoming Sentech Africa Tech Week Conference 2024, scheduled to take place on 16 – 17 May 2024, at the Century City Conference Centre in Cape Town. As a highlight of the 6th annual conference, Sentech, a leading provider of digital infrastructure and platform services continues its partnership as the Platinum Sponsor for the conference. Its ongoing support underscores Sentech’s commitment to fostering technological advancement across Africa, said the company in a press statement. Ralf Fletcher, CEO at Topco Media ..read more

Manchester City and Dwight School Hanoi have announced the launch of the first Manchester City Football School in Vietnam that will offer bespoke football education for students based at their brand-new state of the art campus.  Dwight School Hanoi is the newest addition to the global network of Dwight Schools and is poised to shape young minds in a cutting-edge 41,000 m² campus at The Manor Central Park, Hanoi. Designed by architect Carlos Zapata, this visionary space embodies Dwight’s commitment to igniting the spark of genius in every child. From Preschool to Grade 12, the campus foste ..read more

Africa’s immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries’ future growth, African Development Bank President Akinwumi Adesina said on Thursday. “I think it’s time for us to have debt transparency accountability and make sure that this whole thing of these opaque natural resource-backed loans actually ends, because it complicates the debt issue and the debt resolution issue,” Adesina told journalist Yinka Adegoke at the Semafor Africa Summit taking place on the sidelines of the International Monetary ..read more

In a press statement, Ferrari said they’re uniting heritage and purpose for a bigger impact: “HP and Ferrari are committed to accelerate sustainable innovation whether through technology or sport. The companies will also work together to expand educational initiatives within their teams and communities, and create a lasting impact for generations to come.” A key highlight of the partnership is the introduction of the HP logo on the iconic Maranello F1 cars. The debut of the Scuderia Ferrari HP moniker is set to take place at the upcoming Miami Grand Prix from May 3-5, where the team will make ..read more

Manchester City and Dwight School Hanoi have announced the launch of the first Manchester City Football School in Vietnam that will offer bespoke football education for students based at their brand-new state of the art campus.  Dwight School Hanoi is the newest addition to the global network of Dwight Schools and is poised to shape young minds in a cutting-edge 41,000 m² campus at The Manor Central Park, Hanoi. Designed by architect Carlos Zapata, this visionary space embodies Dwight’s commitment to igniting the spark of genius in every child. From Preschool to Grade 12, the campus foste ..read more

In today’s digitally connected world, consumers tend to expect every business to be fully searchable for product information, location, operating hours with an easily accessible website online.  According to recent GoDaddy global research, 90% of small businesses surveyed said they felt that digitalization of their business was either very important or quite important to them. With so much opportunity to share with your business with people in your local area and around the world, it is likely many businesses are considering how to build a stronger online presence this year. GoDaddy share ..read more

Tesla’s humanoid robot is still in the lab, but it may be ready to sell as soon as the end of next year, chief executive Elon Musk said on Tuesday. Several companies have been betting on humanoid robots to meet potential labor shortages and perform repetitive tasks that could be dangerous or tedious in industries such as logistics, warehousing, retail and manufacturing. Musk told investors on a conference call that he guessed the Tesla robot, called Optimus, would be able to perform tasks in the factory by the end of this year. Humanoid robots have been in development for several years by Japa ..read more