Tech
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Innovation clusters set to revolutionise Africa’s AI space
A new report, The Role of AI Innovation Clusters in Fostering Youth Employment in Africa: Opportunities, Challenges, and Implications, highlights…
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Yellow Card aims to secure CASP licence in Nigeria, expanding its crypto footprint
Yellow Card, one of Africa’s top cryptocurrency exchanges, is working towards securing regulatory approval from Nigeria’s Securities and Exchange Commission…
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Moove partners with Waymo to break new ground in autonomous vehicle fleet management
Moove, a Nigerian fintech startup, is making waves by partnering with Waymo, Alphabet’s self-driving vehicle division, to manage fleets of…
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Seedstars Africa Ventures I raises $42 million to create 10,000 jobs and support African startups
Seedstars Africa Ventures I, a fund that helps early-stage startups in Africa, just reached an exciting milestone by raising $42…
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Access Bank strengthens Africa’s economic ties with Standard Chartered acquisitions in Angola, Sierra Leone
On Monday, December 2, 2024, Access Bank, Nigeria’s largest bank by assets, made a significant move to boost its presence…
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Temu becomes the most downloaded app in Nigeria, surpassing local competitors
On Monday, December 2, 2024, it was revealed that the Chinese eCommerce company Temu has taken the top spot as…
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FCCPC to investigate customer complaints against MTN, GTBank, and Air Peace
On Monday, December 2, 2024, it was announced that the Federal Competition and Consumer Protection Commission (FCCPC) would be looking…
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Ghana and The Gambia team up to offer free roaming services, boosting regional connectivity
Ghana and The Gambia are set to launch a free roaming initiative, enhancing digital connectivity and promoting economic integration across…
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Salesforce eyes Nigeria’s growing talent pool as it expands in Africa
Salesforce, the American tech giant behind Slack, has unveiled its ambitious strategy for Nigeria, focusing on talent development as a…
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Zimbabwe launches AI-powered traffic system to ease congestion and improve road safety
Zimbabwe has rolled out an AI-driven traffic management system to tackle the growing issue of urban congestion, starting with its…
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Central Bank of Egypt to roll out card tokenisation in 2025 to boost digital payment security
In 2025, the Central Bank of Egypt (CBE) will introduce card tokenisation, a new security measure to protect digital payments…
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World’s first wooden satellite launched into space
The world’s first wooden satellite has blasted off on a SpaceX rocket, its Japanese developers said Tuesday, part of a…
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Microsoft forecasts slower cloud business growth in Q2
Microsoft predicted increased spending on artificial intelligence this quarter but slower growth in its cloud business Azure, signaling that big…
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FG considers regional power grids to tackle outages
On Monday, October 28, the Federal Government announced plans to explore a decentralized national power grid. This new system aims…
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Universal Music release AI-powered Spanish version of Brenda Lee’s hit song
Universal Music Group has released a Spanish version of country music star Brenda Lee’s 1958 hit song “Rockin’ Around the…
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Google to develop AI that takes over computers in “Project Jarvis”
Google is developing artificial intelligence technology that takes over a web browser to complete tasks such as research and shopping,…
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South Africa’s Pargo expands into Egypt with $4 million funding boost
On Friday, October 25, 2024, Pargo, a South African eCommerce logistics startup, announced its expansion into Egypt after securing $4…
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BURN secures $15 million to expand ECOA Electric Induction Cooker distribution in East Africa
On Friday, October 25, 2024, BURN, a Kenyan manufacturer of clean cooking appliances, announced a significant $15 million investment agreement…
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MultiChoice invests $390 million in Peacock to enhance Showmax
On Friday, October 25, 2024, MultiChoice announced a significant investment of R6.9 billion ($390 million) in platform fees over the…
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World Bank aims to connect 300 million women to high-speed internet by 2030
On Friday, October 25, 2024, the World Bank Group announced a global initiative to increase broadband access for 300 million…
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Logistics startup Sendstack targets traditional businesses with new software
On Friday, October 25, Sendstack, a Nigerian logistics platform, announced a new focus on CTRL, its logistics management software designed…
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Competitors lower prices to keep up with Starlink in Zimbabwe
On Friday, October 25, 2024, reports showed that Zimbabwe’s internet market is changing quickly with the arrival of Starlink, the…
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Kenya to track fuel use for drivers with new electronic tax system
On Friday, October 25, 2024, the Kenya Revenue Authority (KRA) announced plans to start monitoring fuel consumption by linking its…
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ICASA denies knowing about StarSat’s legal troubles after shutdown
On Friday, October 25, 2024, the Independent Communications Authority of South Africa (ICASA) announced that it doesn’t know if StarSat,…
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Russian ride-hailing app Yango suspended in Togo after just four months
On Tuesday, October 22, Togo's Ministry of Road, Air, and Rail Transport announced the suspension of Yango, a ride-hailing platform…
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Nigerian eCommerce startup OmniRetail acquires Traction Apps
On Tuesday, October 22, 2024, Nigerian B2B eCommerce startup OmniRetail announced its acquisition of Traction Apps, a fintech company, for…
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PaidHR launches feature to pay salaries in 49 currencies
On Tuesday, October 22, 2024, Nigerian HR tech startup PaidHR unveiled a new feature that allows employees around the world…
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Intelsat faces challenges after satellite outage, recovery seems unlikely
On Saturday, October 19, 2024, Intelsat, a satellite communications provider, announced a service outage affecting the Intelsat 33e satellite, which…
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Nigeria teams up with Ericsson to boost 5G connectivity
On Tuesday, October 22, the Nigerian government announced a new partnership with Ericsson to explore the possibilities of 5G technology…
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Woven Finance clarifies shutdown confusion, announces brand refresh
On Tuesday, October 22, Woven Finance, a Nigerian fintech company, addressed confusion from earlier this year when news reports suggested…
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Madica gets funding to boost solar energy for small businesses
On Tuesday, October 22, Madica, an investment program focused on Africa, announced its investment in Earthbond, a Nigerian climate tech…
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tappi’s $11 digital solutions boost growth for M-PESA’s 650,000 merchants in Kenya
On Tuesday, October 22, tappi, a digital commerce startup, has partnered with Safaricom to help M-PESA’s network of 650,000 micro,…
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Jeff Bezos-backed GEAPP set to help Nigeria’s energy crisis with solar power
On Tuesday, October 22, the Global Energy Alliance for People and Planet (GEAPP), a climate group supported by the Rockefeller…
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Is Meta’s workforce leaner and more focused?
Meta is making changes again, leading to some employees getting laid off across departments like WhatsApp, Instagram, and Reality Labs.
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Binance introduces mobile money payment methods of buying crypto in West, Central Africa
Binance has just made an exciting move in West and Central Africa by introducing mobile money payments for buying cryptocurrency!
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Ghana to launch its first music streaming platform by November
Ghana is set to shake up its music scene with the launch of its first-ever local music streaming platform, as…
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Intelsat launches CellBackhaul in Nigeria to boost connectivity in Africa
On Wednesday, October 16, 2024, Intelsat, a satellite services provider, announced the launch of a new satellite cellular backhaul service…
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FG to start taxing reality show winners and lottery prizes in 2025
Starting on Saturday, January 1, 2025, winners of lotteries and reality shows, like Big Brother Naija, will need to pay…
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Safaricom teams up with Cloudflare, Copycat to offer affordable cybersecurity for Kenyan businesses
On Thursday, October 17, Safaricom announced a new partnership with Cloudflare, a global web infrastructure and cybersecurity provider, and Copycatgroup,…
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Yellow Card raises $33 million for growth, expansion
On Thursday, October 17, Yellow Card announced that it has raised $33 million in a Series C funding round to…
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