In response to the Central Bank of Nigeria’s (CBN) stringent Know-Your-Customer (KYC) directives, OPay, a leading mobile-based payment platform, has pledged to enforce the mandatory requirement of Bank Verification Number (BVN) and/or National Identification Number (NIN) for all accounts holders. This commitment aligns with CBN’s directive, making BVN and/or NIN mandatory for all individual accounts […]

As Africa continues to experience a rapid surge in fintech revenue, marked by a compound annual growth rate (CAGR) of 32%, a recent report by Boston Consulting Group (BCG) and QED Investors foresees the continent’s fintech market reaching an estimated $65 billion by 2030. South Africa, Nigeria, Kenya, and Egypt stand at the forefront of […]

The online store eBay has said it will be letting go of 1,000 full-time workers or about 9% of its total staff. The data was made public in a recent government statement. The initiative is part of the company’s plan to be “more nimble” in a “challenging” business climate, according to CEO Jamie Iannone. It […]

AltSchool Africa calls itself the “African BloomTech” of US coding boot camps. It recently opened In Kenya, its second-largest revenue market. A startup with 60,000 users in over 100 countries offers training to accelerate global tech careers. According to Co-founder and CEO Adewale Yusuf, Kenya is behind Nigeria in student enrollment. Thus, it makes sense […]

The internet’s vast marketplace can be an endless source of deals and opportunities, but hidden in the shadows are wolves in sheep’s clothing: scam websites. Cybercriminals who want to steal your information, money, or identity, so it’s essential to learn how to find them online. Here are some tips to help you find the warning […]

Anambra state government announces strategic engagement with 26 US high-tech enterprises. [ez-toc][ez-toc] this. These firms include Google, Meta, AWS, Dell, and others. As reported, the strategic relationship was reached over a weekend meeting at the US Consulate General in Lagos. The state delegation, led by Governor Chukwuma Charles Soludo, CFR, met with the US Consul-General, […]

The Enterprise Development Centre (EDC) of Pan Atlantic University and the Lagos State government have announced a partnership aimed at providing 10,000 women entrepreneurs with the capital and expertise they need to launch and expand their enterprises. The partnership, which is a component of the MasterCard Foundation-powered Transformation of Nigerian Youths programme, intends to increase […]

The US Secretary of State, Antony Blinken, has expressed his country’s readiness to invest in Nigeria’s economy, especially in the tech sector, during his visit to Abuja on Tuesday. Blinken, who met with President Bola Tinubu and other top officials, said that Nigeria offers clear and compelling opportunities for investors and that American entrepreneurs and […]

A Lagos-based company NeuRaL AI has introduced BionicBox, a tool that will be invaluable to businesses that want to create and use Large Language Models (LLMs) for generative text. Thanks to BionicBox, large language models (LLMs) are now more accessible, adaptable, secure, and fast, which is a huge improvement. Generative artificial intelligence (AI) solutions like […]

Stanislaus Martins has been named Managing Director for West Africa by Aleph Group Inc., a global ecosystem of digital specialists and technology-driven solutions that boosts digital marketing. In a press statement to Reuters, Aleph said it trusts its new Managing Director’s abilities. Stanislaus will oversee Aleph’s West Africa operations, focusing on solidifying Aleph’s position as […]

The NIMC plans to introduce a NIN registration app for immigrant Nigerians. The Technical Adviser to the Director General of NIMC on Media and Communications, Ayodele Babalola, stated this. The NIMC DG, Engr Abisoye Coker-Odusote, announced this intention during a strategic meeting at the office of NIDCOM Chairman/CEO Hon Abike Dabiri-Erewa on the following day […]

Since the Nigerian government mandated its citizens to enrol for the National Identification Number (NIN), Nigerians have not had an easy process, from waking up early to be at the crowded enrollment centre to not being among the selected limit for the day. Some desperate individuals fall victim to exploitation, as some enrollment officers charge […]

As part of its community service, the Kefiano Global Foundation launched a creative hub in Jos Plateau state on December 1, 2024. The Kefiano Creative Hub shares goals for 2024 with TechPression in an interview. The Hub Manager, Levi Stephen, and the Human Resource Manager, Palang Malo, gave enlightenment on the need for a creative […]

Tunde Onakoya, a Nigerian chess master, coach, and founder, has reported that a three-year grant agreement has been signed between the organisation “Chess in Slums” and the international airline company Lufthansa. According to Tunde Onakoya, the agreement will pave the way for a free chess academy and STEM innovation lab to be built in Lagos, […]

For the next half-century, the African Union has laid out a plan to transform the continent’s economy and society in accordance with the Agenda 2063. This plan utilises the impact of Artificial Intelligence (AI). Inspired by its own people and poised to make a mark on the global stage, it paints a daring picture of […]

Nigeria’s Vice President, Senator Kashim Shettima, delivered a compelling call to action at the African Economy of Scale Plenary during the World Economic Forum (WEF) in Davos, Switzerland. Urging African leaders to prioritise technology and digital skills, he emphasised the need to elevate the continent’s Gross Domestic Product (GDP) from its current three percent of […]

Artificial intelligence (AI) is a potent technology that can address a number of issues and open up new possibilities. But it can also be a severe danger to African digital entrepreneurs, who already have a lot on their plate in the competitive and fast-paced international market. A recent analysis from the Boston Consulting Group (BCG) […]

Martin Lubowa and Moreen Irungu are two talented Ugandan techies who won the second prize of 1000 euros at the Tunga AI Hackathon in November 2023. They are the ones behind StartRight, an AI tool that makes it easier for engineers working on new projects to set up their systems. The pair worked together on […]

Amazon Prime Video is cutting the budgets for content from Africa and the Middle East by a lot as it shifts its international attention to original shows from Europe.  A statement obtained by Deadline claims that staff layoffs have occurred due to the restructuring in the MENA and Sub-Saharan Africa. New productions in Sub-Saharan Africa, […]

Microsoft says that Russian government-backed hackers called Midnight Blizzard broke into its system and caused a breach. The company warns that all organisations are now at risk from well-resourced nation-state threat players.  In a recent statement with the U.S. Securities and Exchange Commission, the company said this. Microsoft said hackers got into corporate email accounts […]