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Business

14

Wema Bank, NYSC to launch Youth Empowerment Initiative

Wema Bank has collaborated with the National Youth Service Corps to launch the NYSC-ALAT Accelerator Programme. According to the bank’s statement, the partnership was unveiled at the signing ceremony of the Memorandum of Understanding in Abuja. The partnership’s stated goal was to help young Nigerians gain a foothold in the lucrative job market through the […]

Felicia Akindurodoye
14

Why African satellite television hike prices

African satellite television subscribers have felt the pinch of the 2024 price hike, which has left many wondering what went wrong.  The media and entertainment industry in Africa is complex, with rising costs of content acquisition, investments in technology, currency fluctuations, competitive dynamics, regulatory compliance, and other factors all playing a role in this upward […]

Felicia Akindurodoye
16

Mastercard, Glovo to combat hunger, promote education

Mastercard and Glovo, a versatile multi-category app connecting consumers with diverse services, have joined forces to address hunger and enhance education in underserved communities.  Their collaboration aims to provide over 300,000 meals to school children in Kenya and Nigeria for an entire academic year, marking a substantial advancement in combating poverty, malnutrition, and educational deficiencies. […]

Ibukunoluwa Josephine Bankole
16

Flutterwave’s Disha, to temporarily shut down, March 31

Disha, a no-code platform that aids creatives in marketing their products and processing payments, has announced that it will cease operations on March 31, 2024. Acquired by Flutterwave in 2021, the platform is taking a temporary measure to reassess its goals and explore new ways to serve its users. Users to Retain Access to Accounts […]

Ibukunoluwa Josephine Bankole
16

Floww Financial enters African crypto market with Nigeria launch

Floww Financial has made its foray into the African cryptocurrency market with the launch of its operations in Nigeria.  The company now offers fiat-to-crypto and crypto-to-fiat services on leading exchanges, including Binance, where it operates as a peer-to-peer merchant. Local Talent Empowerment and Expansion Daryl Teo, the Chief Investment Officer and Founder of Floww Financial […]

Ibukunoluwa Josephine Bankole
20

Neuralink’s first brain-chip recipient has higher capacity

Elon Musk, founder of Neuralink, said the first human patient implanted with the brain chip has recovered and can move a computer mouse with their thoughts. The creator announced this at a Spaces event on X, formerly Twitter. “The patient appears to have recovered fully, with neural effects that we are aware of. Musk revealed […]

Modupeoluwa Olalere
28

Nigeria, others loose $1.74 Billion to Internet shutdowns

Internet shutdowns have become a prevalent issue globally, impacting economies, societies, and human rights. Nigeria, along with several other countries, had experienced significant financial losses due to these shutdowns. A recent report sheds light on the economic toll of such actions, revealing staggering figures. Internet shutdowns are deliberate disruptions of internet or mobile communication services […]

Olumofe Temitayo
11

The global impacts of technology on African music

Before the advent of streaming services, the music industry in Africa operated within a landscape shaped by various challenges, with piracy standing out as a significant obstacle. African musicians faced a multitude of hurdles in distributing and monetizing their music, compounded by the rampant piracy prevalent across the continent. Traditional distribution channels, such as physical […]

Staff Writer
16

African tech leaders honour Wigwe’s legacy

Following the unexpected passing of Herbert Wigwe, the founding Group CEO of Access Holding Plc, a wave of tributes have been pouring in from experts and founders in the tech community across the globe, especially in Africa.  These leaders have been honouring his unwavering commitment to innovation and progress which have significantly transformed Africa’s technology […]

Ibukunoluwa Josephine Bankole
14

MultiChoice announces content distribution deal with Disney

MultiChoice (the South African company that runs DStv and GOtv) has announced a content distribution deal with Disney company Africa, coming almost a week after Sanlam Private Wealth made its intention to sell out its client shares. Details of the Deal  The deal will allow MultiChoice to retain its current portfolio of Disney linear channels […]

Felicia Akindurodoye
14

uLesson cuts subscription by 50% due to economic hardships

Helping families through this “period and beyond,” uLesson, an edtech startup from Nigeria, has announced plans to cut subscription fees for educational software by 50% “indefinitely.” The founder of the company, Sim Shagaya, made the announcement today on X. The CEO of uLesson, Ayooluwa Nihinlola, stated that this change will help families cope with the […]

Felicia Akindurodoye
14

Digital commerce to increase by 25% In Africa

Digital commerce in Africa is expected to experience a remarkable 25% annual growth rate by 2026, bringing about significant economic changes and new opportunities for both businesses and consumers. Thanks to rising internet penetration, a growing middle class, and fast mobile phone adoption, Africa has become a digital commerce powerhouse in the last few years. […]

Felicia Akindurodoye
14

Partech closes 2nd fund with new office in Lagos

In addition to opening a new office in Lagos and seeking to expand its team, global technology investment firm Partech has announced the final closing of its second Africa fund, Partech Africa II, with a hard cap of €280M ($300M+). All major investors from its predecessor fund, as well as top-tier investors, have made their […]

Felicia Akindurodoye
32

Amazon Echo leads the way in smart speakers

Since its first debut in 2015, the Amazon Echo has led the way in developing smart speakers. Its striking appearance and seamless integration with Alexa, Amazon’s virtual assistant, drew much attention and contributed to the widespread adoption of voice-activated home technology.  However, how does it perform in today’s cutthroat market? This is a thorough analysis […]

Olanrewaju Adeniyi
14

NITDA urges AI-Integration in Nigerian security sector

The Director General of Nigeria’s National Information Technology Development Agency (NITDA), Kashifu Inuwa, CCIE, has stressed the importance of the security industry and, AI-Integration, the startup ecosystem working together to improve the country’s security. During a meeting with Alhaji A. S. Adeleke, representing NISS, Inuwa made the following remarks, as reported by Deputy Commandant D. […]

Felicia Akindurodoye
28

COMESA launches Investigation into ATC, Airtel

The Common Market for Eastern and Southern Africa (COMESA) has recently launched an investigation into the activities of two major telecom players, ATC and Airtel, raising concerns about potential anticompetitive practices in the African telecommunications market.  This article delves into the background of the investigation, its potential implications for the telecom industry in Africa, and […]

Olumofe Temitayo
28

Haryana extends suspension of Internet services in 7 Districts

In response to ongoing protests and unrest, Haryana authorities in India have decided to prolong the suspension of mobile internet services in seven districts. This measure, aimed at maintaining law and order, has significant implications for residents and businesses in the affected areas. Let’s delve deeper into the details and ramifications of this decision. BackStory […]

Olumofe Temitayo
20

Accessing iPhone 15, iPhone 16: 15+, upgrades 

The iPhone 16 rumour mill has begun despite the iPhone 15 series’ youth.  The Apple Vision Pro age of spatial computing requires changes to future iPhones to make compatible content. The iPhone 16 base model has seen several design prototypes. Despite typically buying Pro models, the base iPhone 16 models’ look excites me for what’s […]

Modupeoluwa Olalere
14

TechUplift offers free training, certificates to tech enthusiasts

Akenrose Training & Consulting Limited, in partnership with the Young & Inspired Mentoring Initiative (YIMI), launched the TechUplift Program to enable enthusiastic Africans to break into tech. The TechUplift program empowers young and ambitious African talents between the ages of 45 and younger to break tech careers or even advance, regardless of socio-economic background and […]

Felicia Akindurodoye
32

Evaluating Samsung’s Bespoke AI refrigerator

The Samsung Bespoke AI Refrigerator’s modern features include AI-powered capabilities and a svelte appearance, which are meant to transform your kitchen.  Does it live up to the expectations and merit the high price? Let’s examine its advantages and disadvantages to aid in your buying decision. The positive aspects The Samsung Bespoke AI Refrigerator is a […]

Olanrewaju Adeniyi
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