BrandArena : July 2025

Tuesday, 29 July 2025

Applications Now Open for $2M Milken-Motsepe Prize in AI for Manufacturing

Applications are now being accepted for the Milken-Motsepe Prize in AI for Manufacturing, which offers a total of US$2 million to African innovators using artificial intelligence and emerging technologies to transform manufacturing value chains across the continent.

The FinTech Association of Nigeria (FintechNGR), in partnership with EFInA (Enhancing Financial Innovation & Access), is set to host a powerful webinar titled “Closing Women’s Access to Credit Gap through Policy, Innovation, and Collaboration.”

Arsenal Football Club has announced a new multi-year global partnership with Stanley 1913, the renowned lifestyle brand known for its high-performance food and drinkware.

Revolut, the UK-based financial technology firm, is preparing to launch operations in Morocco, marking a strategic move into North Africa as part of its wider global expansion. The move follows a series of major developments across Europe, where the company has rapidly scaled its products and operations.

Access Bank Plc, Nigeria’s largest bank by assets, has taken a significant step in its continental growth agenda by acquiring a 76% stake in AfrAsia Bank, a leading Mauritius-based financial institution.

Moonshot by TechCabal Returns for Landmark Third Edition to Shape Africa’s Innovation Future

...Over 4,000 founders, investors, others to gather in Lagos this October

Moonshot by TechCabal, Africa’s leading technology and innovation conference, has officially announced its highly anticipated third edition. Taking place from 15–16 October 2025 at the Eko Convention Centre, Lagos, this future-defining event will bring together over 4,000 attendees and more than 120 speakers from more than 15 countries, all focused on propelling Africa’s next wave of digital innovation.

Stanley Black & Decker has formally announced its strategic partnership with Naija Home Automation (NHA) in a move aimed at expanding its market share in Nigeria’s home appliances and equipment sector.

Ecobank Group Reports $398 Million Profit Before Tax and $1.1 Billion in Net Revenue for H1 2025

...Pan-African bank cites strong revenue growth, operational efficiency and digital innovation

Ecobank Group has announced its unaudited financial results for the first half of 2025, reporting a 23% year-on-year increase in profit before tax to $398 million.

Bitcoin Dips Below $116K as Global Crypto Market Capitalisation Falls to $3.77 Trillion

Bitcoin (BTCUSD) slipped to $115,000 early on Friday amid sustained selling pressure, reflecting weakening investor sentiment toward the world’s largest cryptocurrency. The digital asset has dropped more than 3% over the past seven days, with the latest wave of sell-offs largely attributed to retail investors securing early profits.

Ambassador Wole Akanni Duro-Ladipo A Global Cultural Architect Honoured

...A Lifetime of Promoting Culture and Tourism Across Continents Recognised with a Doctorate of Philosophy in Humanities

By Sulaimon Abiodun

In a poignant tribute to decades of cultural advocacy, heritage preservation, and transcontinental tourism promotion, Ambassador Wole Akanni Duro-Ladipo has been conferred an honorary Doctor of Philosophy in Humanities by the United Graduate College and Seminary International in the United States. The recognition reflects not only a remarkable individual journey but also a sustained global mission to elevate African culture and foster intercultural harmony.

Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc (Transcorp Group), has announced a 60.07 per cent increase in revenue, rising to N47.6 billion in the first half of 2025, up from N29.7 billion recorded during the same period in 2024.

Yango Group, a UAE-based technology company operating in over 30 countries, has launched a new regional office in Abidjan. This new hub will oversee Yango’s expanding operations across Africa and reinforce the company’s long-term commitment to the continent. With around 200 staff already in Côte d'Ivoire, Yango plans to significantly grow its local capacity over the coming year.

Africa’s Business Heroes (ABH), the flagship philanthropic initiative of the Jack Ma Foundation, is deepening its impact across the continent by celebrating and empowering outstanding African entrepreneurs. The programme champions inclusive and sustainable economic growth by supporting visionaries from all 54 African nations.

Aliko Dangote, Africa’s richest man and founder of Dangote Cement Plc, will retire as Chairman of the company’s board, effective July 25, 2025, according to a statement made on Friday by Anthony Chiejina, Chief Branding and Communications Officer of the Dangote Group.

adidas Originals and Bad Bunny Release Puerto Rico-Inspired Gazelle “Cabo Rojo” Worldwide

Following the success of Puerto Rico-exclusive launches, Bad Bunny and adidas Originals announce the worldwide release of the Gazelle “Cabo Rojo” – a standout colourway from the Gazelle City Series celebrating the vibrant landscapes and cultural heritage of Puerto Rico.

A high-level, four-day seminar concluded last week with actionable recommendations to tackle the estimated $90 billion Africa loses every year to illicit financial flows. The African Development Bank Group (AfDB) and the Sierra Leone Government are intensifying efforts to improve governance of the continent’s natural resources.

Nike marks a decade of dominance in training footwear with the launch of the Metcon 10, its most stable, durable, and versatile cross-training shoe yet. This latest model features a lighter, more runnable design engineered to support every aspect of athletes’ workouts.

Tesla’s long-anticipated more affordable model has been confirmed by CEO Elon Musk, and it will be a cheaper version of the hugely popular Model Y SUV.

Volkswagen Group has reported a 29% decline in operating profit for the first six months of 2025, largely due to the impact of US import tariffs and ongoing workforce restructuring. Operating profit fell to €3.83 billion, missing analyst expectations, while sales revenue also came in below forecasts at €80.8 billion.

The Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government of Nigeria to reassess the country’s foreign policy strategy to prevent marginalisation in global trade and international affairs.

How Zabira is Powering the Next Generation of UK-Based Entrepreneurs

...Crypto payments, gift card trading, and side income campaigns drive youth engagement on the fintech platform

Financial independence is no longer a distant goal — it’s becoming an everyday reality, especially for young entrepreneurs earning weekly through innovative platforms like Zabira.

The Board of Directors of Sonatel has announced the appointment of Mr Brelotte BA as the new Chief Executive Officer (CEO) of the Sonatel Group.

The Anambra State Executive Council (ANSEC), during its 15th meeting held at the Light House on 21st July 2025, approved the commencement of the Awka City Park Project. The initiative is aimed at enhancing recreational infrastructure in the state capital while delivering environmental, aesthetic, health, social, and economic benefits.

Airtel Africa Plc has announced strong financial results for the quarter ending 30 June 2025, demonstrating robust performance across all key metrics and reinforcing its strategic focus on expanding digital and financial services in its 14 African markets.

FCC Approves £6.2 Billion Paramount-Skydance Merger

...Regulator clears controversial deal amid concerns over media bias and political influence

The US Federal Communications Commission (FCC) has approved a £6.2 billion ($8 billion) merger between Paramount and Skydance Media, paving the way for a major shake-up in the American media landscape.

Real Madrid C.F., the world-famous Spanish football club, has reported revenues exceeding €1 billion (£850 million) for the 2024–25 season, marking the second year in a row the club has crossed the milestone.

Shares in global sportswear giant Puma fell by as much as 18% on Friday after the German company reported weaker-than-expected second-quarter results and slashed its full-year outlook, citing the impact of US trade tariffs.

Tesla Launches Futuristic Diner in Hollywood, Merging EV Charging with Quick-Service Dining

...Brand’s First Hospitality Concept Could Expand to Other Urban Markets

Tesla has officially entered the hospitality space with the launch of its first full-scale diner concept in Hollywood, California. Situated on the corner of Santa Monica Boulevard and North Orange Drive, the new Tesla Diner offers more than themed food service; it’s a hybrid destination that combines fast-casual dining, electric vehicle charging infrastructure, and immersive brand experiences. The innovative concept is already drawing attention across the hospitality and restaurant technology sectors, sparking discussions about the future of mobility-driven food service.

Apple has officially launched the first public beta of iOS 26, giving iPhone users an early look at the upcoming mobile operating system set to debut later this year. The update delivers a striking new design and a suite of advanced AI-driven features that aim to make the iPhone experience more intelligent, intuitive, and personalised.

Google has announced a total investment of £29 million ($37 million) to support the growth of Artificial Intelligence (AI) across Africa. The funding, comprising new and previously unannounced contributions, will back AI research, skills development, local language support, infrastructure, and startup growth throughout the continent.

Luno Launches Crypto Staking in Nigeria

...Becomes First Locally-Run Platform to Offer Passive Income on Digital Assets

Luno, the global cryptocurrency exchange founded in Africa, has introduced crypto staking in Nigeria, becoming the first locally operational platform in the country to offer this service. This groundbreaking launch allows Nigerian users to earn passive income of up to 18% annually on select digital currencies, all within the Luno app.

A total of 120 young men and women from six host communities in Rivers State have successfully completed the first edition of an employability and vocational training programme aimed at enhancing job readiness and entrepreneurial potential.

McEnies Global Communications, a leading Nigerian firm known for its excellence in strategic integrated marketing and digital communications, has been appointed by KeroJet Services Limited, a premier provider of aviation fuel and energy logistics solutions in Nigeria, to lead its marketing and public relations efforts.

Visa Opens Applications for Fifth Cohort of Africa Fintech Accelerator

Global payments leader Visa has officially opened applications for the fifth edition of its Africa Fintech Accelerator, a flagship initiative designed to nurture and scale high-potential fintech startups across the continent. This three-month accelerator programme offers selected ventures access to expert mentorship, cutting-edge technology, strategic industry connections, and potential funding opportunities.

The Securities and Exchange Commission (SEC) has announced it will begin a formal investigation into a suspected Ponzi scheme linked to an entity operating under the name FF Tiffany, which is believed to have defrauded Nigerians of several billions of naira.

After years of speculation, failed negotiations, and cryptic social media hints, Tesla is finally making its long-anticipated debut in India. The electric vehicle (EV) pioneer has confirmed plans to establish a manufacturing facility in the world’s third-largest automotive market.

Lillian Barnard, who has served as President of Microsoft Africa and Acting Managing Director of Microsoft South Africa, is stepping down from both roles to take on a new regional leadership position. Microsoft has appointed her as Chief of Enterprise Partner Solutions for the Middle East and Africa (MEA) region, marking a major expansion of her responsibilities within the company.

Manchester City have signed a landmark partnership deal with Puma valued at a minimum of £1 billion. The £100 million-a-year agreement extends their current contract with the German sportswear giant until at least 2035, marking a significant increase from the previous £65 million-a-year deal set to run until 2029.

Nigerian Idol Season 10 Winner, Purp, Visits Rite Foods

...Applauds Bigi for Powering Talents

In a heartfelt moment filled with excitement and gratitude, Purp, the winner of Nigerian Idol Season 10, paid a courtesy visit to Rite Foods Limited, expressing deep appreciation to the company’s flagship brand, Bigi, for its ongoing sponsorship of the popular reality music show.

Quality Buying, AI Brand Safety, Curation and DOOH Set to Shape Future of Programmatic Advertising

The four major trends that are set to redefine programmatic advertising over the next year are quality-focused buying, AI-powered brand safety, sell-side curation, and the continued rise of programmatic digital out-of-home (prDOOH), according to WARC's The Future of Programmatic 2025 report.

EnergyInc Advisors, a premier Africa-focused strategic advisory firm, has officially launched, offering bespoke consultancy services designed to unlock growth capital and accelerate the future of energy, infrastructure, and climate-aligned investments across Africa. With deep-rooted expertise in energy, financial services, economic policy, infrastructure, and climate, the firm is positioned to support sustainable development and drive impactful investment across the continent.

Verto, a leading provider of global payment solutions, has announced the launch of Auto Exchange, a new feature that enables businesses to automatically secure their target foreign exchange (FX) rates without the need for constant market monitoring.

GTCO Begins Trading on the London Stock Exchange

Guaranty Trust Holding Company (GTCO) has officially begun trading on the London Stock Exchange (LSE), following a successfully priced primary equity offering.

The Electricity Act (Amendment) Bill, 2025, successfully passed its second reading in the Senate on Wednesday. The bill’s general principles were presented during plenary by its sponsor, Senator Enyinnaya Abaribe (APGA-Abia), who led the debate.

Bentley has unveiled a striking, elevated limousine concept that offers a preview of the design direction for its forthcoming vehicles, potentially serving as the successor to the Mulsanne flagship.

Samsung has launched the Galaxy Z Fold7 and Galaxy Z Flip7, marking another leap forward for foldable smartphones. Both devices were revealed at Galaxy Unpacked 2025, showcasing sleeker designs, improved durability, and deeper AI integration.

Instagram Threads just took a major leap forward. Meta has officially rolled out direct messaging (DM) across Android, iOS, and web, giving users the long-anticipated ability to chat privately on its text-centric platform.

The 2026 FIFA World Cup, to be jointly hosted by the United States, Canada, and Mexico, is on track to become the most environmentally damaging tournament in the event’s history, according to a new report by Scientists for Global Responsibility (SGR).

Linda Yaccarino has announced her resignation as CEO of 𝕏, marking the end of a turbulent chapter in the company’s evolution under Elon Musk.

In Africa’s fast-moving innovation space, the word “startup” often conjures the image of founders with big dreams and even bigger challenges. But true transformation lies not just in launching new ideas, it's in scaling them into sustainable companies that power economies and create jobs. For the past decade, that has been Prime Startups’ mission.

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