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Business Strategy

16

iKhokha with $105 Million in working capital

South African fintech company iKhokha has disbursed over $105 million (R2 billion) in working capital to its small and medium-sized enterprise (SME) customer base in partnership with Retail Capital, now a division of TymeBank. Fintech, known for its SME-focused financial services platform, facilitates both in-person and online payments for entrepreneurs. iKhokha’s platform not only enables […]

Ibukunoluwa Josephine Bankole
20

Selar offers ₦5 million in tuition aid for 50 Nigerian students

Selar, Africa’s largest creator platform, is thrilled to unveil its ‘Selar Tuition Fund,’ which supports Nigerian tertiary students.  Nigeria is experiencing one of its worst economic periods, raising the cost of life. Concerns exist over the country’s youth’s socioeconomic growth. Public university tuition costs have increased significantly, raising the expense of education nationwide. Many federal […]

Modupeoluwa Olalere
20

Agbede replaces Wigwe as Access Bank CEO

The company’s Board of Directors has named Bolaji Agbede Acting Group Chief Executive Officer of Access Holdings Plc. The Nigerian Exchange Ltd. (NGX) was told about this by the company’s secretary, Sunday Ekwochi, on the following day in Lagos. Dr. Herbert Wigwe, the company’s former Group Chief Executive Officer, died not long ago, which led […]

Modupeoluwa Olalere
16

Crypto adoption and regulation will promote innovation- Expert

John Gospel is a crypto expert, copywriter and social media manager for brands in Blockchain and Web3. He also has a track record of building online communities from zero to thousands in months while working as a Growth Marketing Strategist for Communities & Start-ups. He shares his insights on Nigeria’s path to responsible crypto adoption, […]

Ibukunoluwa Josephine Bankole
16

WigWag Introduces AI-powered WhatsApp payment service 

WigWag, a subsidiary of South African payment service provider Stitch, has introduced an AI-powered WhatsApp payment management bot aimed at simplifying payment processes for small and medium-sized enterprises (SMEs).  The new bot eliminates the need for businesses to juggle multiple apps and browsers to manage payments. Targeting the SME Market WigWag, which was launched in […]

Ibukunoluwa Josephine Bankole
32

The amazing potential of Asus Zenbook Pro 17

With the newest AMD Ryzen processors, stunning graphics, and an elegant design, the Asus Zenbook Pro 17 unleashes its potential as a laptop. However, does it live up to the hype, and is its high cost justified? Let’s examine its advantages and disadvantages to help make a choice. Superior Performance Blends with Immersive Visuals: This […]

Olanrewaju Adeniyi
21

How Bridge’Up is helping MENA startups go global

“Bridge’Up, From Innovation To Creation Initiative,” a regional project that aims to foster innovation and entrepreneurship in the Middle East and North Africa (MENA) region, is providing support and training to startups and entrepreneurs who want to scale up their businesses and access international markets. The initiative, which was launched in April 2023, is funded […]

Hauwa Ali Abdul
21

Petrocity, Spiro to bring electric mobility to Kenya

Petrocity, one of the leading fuel station operators in Kenya, has partnered with Spiro, the largest electric vehicle (EV) company in Africa, to offer a new service for its customers: battery swapping.  This service will allow EV users to exchange their depleted batteries for fully charged ones at selected Petrocity locations throughout Kenya, in less […]

Hauwa Ali Abdul
21

How UAE’s angel investors are boosting climate tech in Africa

Angel investors are individuals who provide capital and mentorship to early-stage startups, often in exchange for equity or convertible debt. They play a crucial role in supporting innovation and entrepreneurship, especially in emerging markets where access to funding is limited. According to the Investor Trends Report 2023, produced by startAD and VentureSouq, angel investors based […]

Hauwa Ali Abdul
20

Nigeria stops cash payments for foreign travels

All dealer banks in Nigeria have been told by the Central Bank of Nigeria (CBN) to handle the Personal Travel Allowance (PTA) and the Business Travel Allowance (BTA) electronically, using debit or credit cards. The central bank has also told authorised sellers not to give these allowances out in cash in dollars. According to the […]

Modupeoluwa Olalere
20

OpenAI releases Sora, 1-minute video-with-text tool

The company that made ChatGPT, OpenAI, has announced the release of Sora, a new video-making software. The AI company said Thursday that Sora can make realistic and imaginative scenes from text directions. Sora is a text-to-video model that lets people make photorealistic movies up to one minute long by telling the tool what to do. […]

Modupeoluwa Olalere
20

Apple employs over 23,000 Kenyan remote workers 

The President of Kenya recently said that Apple CEO Tim Cook told him in Silicon Valley that the company employs about 23,000 Kenyans, all of whom work from Nairobi, according to Kenya press reports. A closer look at this claim’s viability in light of Apple’s local and international operations has been prompted by the various […]

Modupeoluwa Olalere
14

Opera MiniPay hits 1 million users in Africa 

Opera Minipay, the payment platform offered by the innovative global web company Opera, has reached a milestone of one million users in the Nigerian, Kenyan, and Ghanaian markets.  The Africa Money and DeFi Summit, happening from February 14th to the 15th in Nairobi, Kenya, marked this important milestone today, which was made possible with the […]

Felicia Akindurodoye
14

Cisco to lay off over 4,000 tech workers in 2024

More than 4,000 employees, or 5% of Cisco’s 85,000 worldwide workforce, will be let go as the American networking equipment maker with partnerships with Africa announces layoffs. As part of its reorganisation plan, Cisco said on Wednesday that it will be cutting jobs. The computer networking behemoth announced layoffs that will impact over 4,000 positions […]

Felicia Akindurodoye
32

Rode NT-USB Mini’s Powerful Sound and Compact Design

A portable USB condenser microphone, the Rode NT-USB Mini seeks to provide high-end sound in an approachable design.  But given its low price, does its compact stature translate into big performance? Let’s examine its advantages and disadvantages to determine whether it meets the hype. Advantages The NT-USB Mini is an incredibly lightweight and small microphone […]

Olanrewaju Adeniyi
28

Nigeria, World Bank to Raise $3 Billion for Broadband Infrastructure

Nigeria’s broadband infrastructure has been identified as a critical component for economic development and societal progress. Recognizing this, the Federal Government (FG) of Nigeria, in partnership with the World Bank, has embarked on a groundbreaking initiative to raise $3 billion to bolster the country’s broadband network.  This collaborative effort aims to bridge the digital divide, […]

Olumofe Temitayo
32

Arlo Pro 4 Spotlight camera takes Artificial Intelligence to its heights

With the help of AI and an integrated spotlight, the ArIo Pro 4 Spotlight Camera presents an image of all-encompassing security.  With a broad 160-degree field of vision, it captures every detail in pristine 2K HDR footage, promising peace of mind.  Its colour night vision and convenient lighting ensure clarity day or night, making it […]

Olanrewaju Adeniyi
32

Exploring the MacBook Air M2

Apple’s 2022 MacBook Air M2 aims to recapture the title of “best thin and light laptop” with its elegant design, powerful M2 CPU, and vivid display.  To assist you in making a decision, let’s examine its main advantages and possible disadvantages.  Read also: Apple unveils faster Mac Mini and MacBook Pro versions Excellent Performer The M2 processor outperforms […]

Olanrewaju Adeniyi
21

Remoteli secures $315,000, connects African remote workers

Remoteli, a Ghanaian startup that connects African professionals with remote work opportunities, has raised $315,000 in funding from Jeremie Frimpong, a Dutch footballer who plays for Bayer Leverkusen. The startup, which launched in 2020, aims to revolutionise the African employment landscape by providing access to quality jobs and skills development for talented individuals across the […]

Hauwa Ali Abdul
28

Why eSIM adoption has been slow in Nigeria 

One of the primary reasons for the slow adoption of eSIM technology in Nigeria is the infrastructure challenges facing the country. Nigeria, like many other developing nations, still grapples with inadequate telecommunications infrastructure, particularly in rural areas. While eSIM technology promises greater convenience and flexibility for users, its implementation requires robust network coverage and reliable […]

Olumofe Temitayo
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