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AI drives record $1.2 trillion in global holiday sales
Salesforce recently announced that online holiday sales reached a record $1.2 trillion globally during the 2024 season. This data, released on Monday, highlights the significant role of artificial intelligence (AI) in enhancing the shopping experience. Caila Schwartz, Director of Consumer Insights at Salesforce, emphasised that AI-driven tools influenced $229 billion, or 19 per cent, of […]
Read moreWAEC introduces WASSCE PC1 for unsuccessful candidates to resit specific subjects in January
In order to minimise delays for applicants who must retake one or two WASSCE subject papers, the West African Examinations Council (WAEC) has introduced a new initiative. This new approach, called WASSCE PC1, will eliminate the customary waiting period for the next exam cycle by allowing students to retake certain subjects in January and February […]
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New year resolutions: Five apps that can transform your goals into reality in 2025
By Modupeoluwa OlalereTop 10 tech skills you need to land a high-paying job in 2025: Coursera report
By Modupeoluwa Olalere“Technology isn’t just a tool; it’s a force that transforms lives and breaks barriers” – Samuel Ojo
By Modupeoluwa OlalereTech Tv
Nigeria Govt Introduces Ai Tool, Tlcom Capital Raises $154m For African Start-ups Investment.
Trending in Africa tech space
Germany launches e-Visa application for Nigerians, others to attract 400,000 skilled workers
Nigerians and other applicants from around the world can now apply for visas online thanks to the opening of a portal by German authorities. Germany’s Federal Foreign Office made this announcement in a statement on January 1. “The Consular Services Portal is being launched worldwide today, 1 January 2025, enabling people around the world to […]
READ MOREHealthTech Hub Africa launches 2025 program for African health startups
HealthTech Hub Africa (HTHA) has announced its 2025 Accelerator Program, which aims to empower African health startups. The Novartis Foundation launched this initiative on December 31, 2024, to integrate innovative health technologies into public health systems across the continent. Read also: Compass Global’s initiative bridges Africa’s trade gaps, focuses on youth and women entrepreneurs Supporting […]
READ MORECompass Global’s initiative bridges Africa’s trade gaps, focuses on youth and women entrepreneurs
Compass Global, led by CEO Tokunbo Chiedu, has announced a significant initiative aimed at empowering small and medium enterprises (SMEs) to leverage the African Continental Free Trade Area (AfCFTA). This announcement was made on December 31, 2024, during the conclusion of their West Africa Meets East Africa Trade Mission. Read also: Alibaba Cloud’s 85% price […]
READ MOREJobo interim lands $2 million to address West Africa’s recruitment challenges
On December 26, 2024, JOBO Interim, a digital staffing platform based in Ivory Coast, announced a successful $2 million funding round to transform the recruitment market in West Africa. Guillaume Dacier, co-founder and CEO, spearheads this initiative. Dacier is passionate about addressing the challenges the region’s labour market faces. Read also: Renew Capital, Witamax invest […]
READ MOREGhana becomes 5th African country to grant visa-free access to all Africans
In a historic effort to support continental integration and mobility, Ghana has joined Rwanda, Seychelles, The Gambia, and Benin in granting visa-free travel to all holders of African passports. Outgoing President of Ghana, Nana Addo Dankwa Akufo-Addo approved the visa-free entry policy to Ghana for all African nationals on Wednesday, December 18, 2024. The policy […]
READ MOREKonga to launch AI-powered radio station
On December 19, 2024, Konga, a leading e-commerce group in Africa, announced the launch of KongaFM, an innovative AI-powered FM radio station set to debut in January 2025. This groundbreaking initiative aims to blend music and commerce, creating Africa’s first Hit Music & Commerce Station. Read also: Temu becomes most downloaded app days after entering […]
READ MOREFintech
In December 2024, Patrick Mulumba, a Ugandan worker in Saudi Arabia, lost millions of shillings from his Centenary Bank account due to an online banking scam. Shs1.99m was taken out first, then Shs1.95m, making a total of Shs3.94m. The bank opened an investigation into the event after Mulumba’s emotional TikTok video went viral on December […]
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Cryptocurrency
Binance Labs has made an undisclosed investment in Thena, a decentralized exchange (DEX) and liquidity system built on the BNB Chain. This announcement was made by Binance Labs on Tuesday. The goal of Thena, which was introduced in January 2023 and uses the cutting-edge ve(3,3) tokenomics model, is to develop a comprehensive, decomposable liquidity layer […]
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Product Review
With the iPhone 16 leaks making headlines, anticipation for Apple’s latest smartphone release is at an all-time high. Among the plethora of leaked details, one aspect that has caught the attention of tech enthusiasts is the reported battery capacities. Let’s delve into the revelations provided by analyst Majin Bu and explore the potential implications for […]
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Startups
Uganda on Wednesday launched the NINJA Accelerator, an initiative designed to empower growth-stage startups and enhance their regional influence. This program, a collaboration between the Uganda Ministry of Trade, Industry, Cooperatives, Hindsight Ventures, and JICA, aims to provide tailored support to Ugandan entrepreneurs. Read also: PostBank Uganda, Western Union introduce international money transfers via Wendi […]
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Tech with Pelumy
Safaricom’s profit in Ethiopia plunged by 17.7 percent to KES 28.1 billion, down from KES 34.1 billion, according to the company’s half-year financial report released on Thursday. As one of Africa’s leading telecom operators, the decline in profit for the half-year that ended September 30, 2024 was largely attributed to the depreciation of the Ethiopian […]
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AI
OpenAI, founded by Sam Altman and others, is facing unexpected financial challenges with its ChatGPT Pro subscription service. Altman disclosed today that despite a spike in user demand, the company is losing money on the $200/month plan. Read also: OpenAI announces new o3 and o3 mini models for 2024 Unforeseen demand Altman expressed his surprise […]
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