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Phoenix Browser Secures $100m Series A Fund

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Phoenix browser

By Adedapo Adesanya

Browser-derived super app, Phoenix, has announced closing a $100 million Series-A fundraising round.

It was announced by the company that a renowned sovereign fund participated in the round alongside previous strategic investors, including top internet companies and tech-focused funds.

With the new round of funding, the team expects to harness its recommendation engine further, refine in-app functions, provide better marketing services and gear up for global expansion.

Since its launch in Nigeria in late 2019, the Phoenix browser has served over 400 million users in Africa, Asia, and Latin America with a built-in search engine, content feeds, productivity tools and a range of localized in-app features.

The company wants to combine its edges in AI-powered algorithmic personalization, both the content feeds and app functionalities, to win over millions of African people and make Phoenix their go-to place for daily information and entertainment.

Home to the world’s youngest population, Africa has witnessed a booming mobile economy and rapid growth in smartphone penetration. Digital content consumption is also on the rise.

However, the shortage of aggregation and distribution channels left many contents and creators buried. The market thus needs more efficient indigenous platforms that can provide seamless browsing experiences and tools that help users easily access all kinds of information in the digital world.

As it leaps to become the leading super app in emerging markets, Phoenix strives to remain as localised and diversified. It now supports over 20 languages, including vernaculars like Amharic and Oromo. With teams in 17 countries across Africa, the Middle East and Latin America and staff members made up of 20 nationalities, Phoenix believes that it thrives as a global cohort that balances international and local perspectives.

To help creative industries germinate locally, the company sponsored Edo State International Film Festival 2022 in Nigeria, exposing young filmmakers and video creators to world-class directors and their masterclasses. Phoenix believes in the unlimited potential local creativity can unleash and is thrilled to contribute to the vibrant cultural scenes in the continent.

Phoenix reached over 400 million Appstore downloads and over 100 million monthly active users in less than three years. The app has also gathered steam as it has risen to one of the fastest-growing mobile apps worldwide and the Top 5 most actively-used mobile apps in Africa, according to DataSparkle.

As users spend more time on the app and their appetites for digital content grow, online marketing on Phoenix emerges as an effective channel to reach customers for brands and companies. Benefiting from the highly personalized recommendation engine, they can communicate more intimately and creatively with consumers.

Speaking on this, Mr Oluwatosin Sawyerr, the global head of strategic partnership of Phoenix, said, “Phoenix is thrilled to partake in the digital transformation in Africa and beyond.

“We will help more mobile users in the developing world discover and access the best and the most relevant content available.

“We also aspire to serve our business clients with the most customized and high-quality services, providing them with cutting-edge marketing tools and helping them reach users in ways unseen by conventional advertisements,” he said.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Leticia Otomewo Becomes Secure Electronic Technology’s Acting Secretary

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Secure Electronic Technology

By Aduragbemi Omiyale

One of the players in the Nigerian gaming industry, Secure Electronic Technology (SET) Plc, has appointed Ms Leticia Otomewo as its acting secretary.

This followed the expiration of the company’s service contract with the former occupier of the seat, Ms Irene Attoe, on January 31, 2026.

A statement to the Nigerian Exchange (NGX) Limited on Thursday said Ms Otomewo would remain the organisation’s scribe in an acting capacity, pending the ratification and appointment of a substantive company secretary at the next board meeting.

She was described in the notice signed by the Managing Director of the firm, Mr Oyeyemi Olusoji, as “a results-driven executive with 22 years of experience in driving business growth, leading high-performing teams, and delivering innovative solutions.”

The acting secretary is also said to be “a collaborative leader with a passion for mentoring and developing talent.”

“The company assures the investing public that all Company Secretariat responsibilities and regulatory obligations will continue to be discharged in full compliance with the Companies and Allied Matters Act, applicable regulations, and the Nigerian Exchange Limited Listing Rules,” the disclosure assured.

Meanwhile, the board thanked Ms Attoe “for professionalism and contributions to the Company during the period of her engagement and wishes her well in her future endeavours.”

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Russia Blocks WhatsApp Messaging Service

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WhatsApp Self Messaging Feature

By Adedapo Adesanya

The Russian government on Thursday confirmed it has blocked the WhatsApp messaging service, as it moves to further control information flow in the country.

It urged Russians to use a new state-backed platform called Max instead of the Meta-owned service.

WhatsApp issued a statement earlier saying Russia had attempted to “fully block” its messaging service in the country to force people toward Max, which it described as a “surveillance app.”

“Today the Russian government attempted to fully block WhatsApp in an effort to drive people to a state-owned surveillance app,” WhatsApp posted on social media platform X.

“Trying to isolate over 100 million users from private and secure communication is a backwards step and can only lead to less safety for people in Russia,” it said, adding: “We continue to do everything we can to keep users connected.”

Russia’s latest move against social media platforms and messaging services like WhatsApp, Signal and Telegram comes amid a wider attempt to drive users toward domestic and more easily controlled and monitored services, such as Max.

Russia’s telecoms watchdog, Roskomnadzor, has accused messaging apps Telegram and WhatsApp of failing to comply with Russian legislation requiring companies to store Russian users’ data inside the country, and of failing to introduce measures to stop their platforms from being used for allegedly criminal or terrorist purposes.

It has used this as a basis for slowing down or blocking their operations, with restrictions coming into force since last year.

For Telegram, it may be next, but so far the Russian government has been admittedly slowing down its operations “due to the fact that the company isn’t complying with the requirements of Russian legislation.”

The chat service, founded by Russian developers but headquartered in Dubai, has been a principal target for Roskomnadzor’s scrutiny and increasing restrictions, with users reporting sluggish performance on the app since January.

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Nigerian AI Startup Decide Ranks Fourth Globally for Spreadsheet Accuracy

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Nigerian AI Startup Decide

By Adedapo Adesanya

Nigerian startup, Decide, has emerged as the fourth most accurate Artificial Intelligence (AI) agent for spreadsheet tasks globally, according to results from SpreadsheetBench, a widely referenced benchmark for evaluating AI performance on real-world spreadsheet problems.

According to the founder, Mr Abiodun Adetona, the ranking places Decide alongside well-funded global AI startups, including Microsoft, OpenAI, and Anthropic.

Mr Adetona, an ex-Flutterwave developer, also revealed that Decide now has over 3,000 users, including some who are paying customers, a signal to the ability of the startup to scale in the near future.

SpreadsheetBench is a comprehensive evaluation framework designed to push Large Language Models (LLMs) to their limits in understanding and manipulating spreadsheet data. While many benchmarks focus on simple table QA, SpreadsheetBench treats a spreadsheet as a complex ecosystem involving spatial layouts, formulas, and multi-step reasoning. So far, only three agents rank higher than Decide, namely Nobie Agent, Shortcut.ai, and Qingqiu Agent.

Mr Adetona said SpreadsheetBench measures how well AI agents can handle practical spreadsheet tasks such as writing formulas, cleaning messy data, working across multiple sheets, and reasoning through complex Excel workflows. Decide recorded an 82.5% accuracy score, solving 330 out of 400 verified tasks.

“The result reflects sustained investment in applied research, product iteration, and learning from real-world spreadsheet workloads across a wide range of use cases,” Mr Adetona told Business Post.

For Mr Adetona, who built Decide out of frustration with how much time professionals spend manually cleaning data, debugging formulas, and moving between sheets, “This milestone highlights how focused engineering and domain-specific AI development can deliver frontier-level performance outside of large research organisations. By concentrating on practical business data problems and building systems grounded in real user environments, we believe smaller teams can contribute meaningfully to advancing applied AI.”

“For Decide, this is a foundation for continued progress in intelligent spreadsheet and analytics automation,” he added.

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