Global Tech News
Ghana ranks 8th in World Bank, Africa Infrastructure Investment Index
The World Bank Private Participation in Infrastructure (PPI) 2023 Annual Report says Ghana ranked eighth in Africa for private infrastructure investment, totalling $137 million. The study emphasises that Ghana only worked on one infrastructure project throughout this time. According to the research, private infrastructure investment in low- and middle-income nations totalled $86 billion in 2023, […]
Olumofe TemitayoOpenseedVC $10million targets companies in Europe and Africa
The $10 million fund that OpenseedVC, an early-stage venture capital firm established in 2024, targets early-stage companies in Europe and Africa. The fund has reached its first close. The $10 million fund, OpenseedVC’s first offering, will support startups with domain expertise, underscoring the growing significance of founder experience within the African tech sector. The VC […]
Staff WriterAmazon plans to increase sites using its cashier-less technology
The number of third-party sites where Amazon’s cashierless shopping technology is accessible this year will increase, the company announced. The online retailer claims that Amazon will more than double the number of places employing the system this year from the current number of about one hundred and forty. Amazon has become an internet-based business enterprise […]
Staff WriterNeuralink’s bold vision for human-machine interaction
Neuralink, a company co-founded by Elon Musk in 2016, is at the forefront of a revolution—developing implantable brain-computer interfaces (BCIs) with the potential to bridge the gap between human thought and technology. Here’s a deep dive into Neuralink’s ambitious goals, technological approach, and potential implications of this emerging technology. The vision: Seamless brain-computer integration Neuralink’s […]
Olanrewaju AdeniyiMercedes-Benz’s journey into humanoid robotics
Mercedes-Benz is making a foray into the world of humanoid robotics through a collaboration with Apptronik, a Texas-based company specialising in these advanced machines. While details are still emerging, here’s a breakdown of what we know about Mercedes’ humanoid robot ambitions. The Robot in Focus: Apptronik’s Apollo The robot tasked with tackling factory floor duties […]
Olanrewaju AdeniyiSouth Africa to unveil Conduct of Financial Institutions Bill, COFI
South Africa’s vibrant fintech sector is set to experience a significant transformation with the upcoming introduction of the Conduct of Financial Institutions (COFI) Bill. This pivotal legislation aims to streamline and unify the complex web of financial regulations into a cohesive industry standard, potentially reshaping the operational landscape for financial institutions across the board. Consolidating […]
Ibukunoluwa Josephine BankoleEgyptian fintech MoneyHash secures $4.5 million for payments services in Africa
MoneyHash, an Egyptian fintech startup, has recently secured a significant milestone by raising $4.5 million in seed funding. This injection of capital signals a vote of confidence in MoneyHash’s vision to transform the landscape of financial transactions across Africa. At its core, MoneyHash aims to facilitate payments in Africa through innovative fintech solutions, leveraging technology […]
Olumofe TemitayoBattle of high-end robot vacuums
Choosing the right robot vacuum for your needs can be overwhelming, especially when comparing high-end models like the iRobot Roomba j7+ and the Roborock S7 MaxV Ultra. Both offer impressive features and boast intelligent navigation, powerful cleaning, and convenient self-emptying docks. However, some key differences might influence your decision. When tackling dirt, dust, and debris, […]
Olanrewaju AdeniyiNigeria cracks down on Binance, arrests top officials
The Federal Government of Nigeria’s government has detained two senior executives of Binance, a prominent cryptocurrency exchange company in Africa. This move comes in the wake of escalating tensions surrounding the regulation of cryptocurrencies in the country, with significant implications for both the financial sector, national security and the Nigerian economy. The Arrest and Regulatory […]
Ibukunoluwa Josephine BankoleKenya, Ghana startups to launch electric motorcycles
A new electric motorcycle venture has been launched in Kenya, thanks to a partnership between Kofa, a Ghanaian energy storage company, and Autopax, a Kenyan assembly and distribution company. The venture aims to provide sustainable and affordable transportation solutions for the African market, especially for boda-boda services, corporate fleets, and personal use. The partnership was […]
Hauwa Ali AbdulSHELT Global unveils new headquarters and training academy in Lagos
SHELT Global Limited, a European cybersecurity firm that provides managed Security Services (MSS) to leading institutions in Europe, the Middle East, and Africa, has announced the launch of its new headquarters and training academy in Lagos, Nigeria. The launch was celebrated recently with a cocktail party attended by SHELT’s clients and partners, who were given […]
Hauwa Ali AbdulJeff Bezos sells billions of pounds worth of Amazon stock
Jeff Bezos, the founder and former CEO of Amazon, has recently made headlines with his substantial sale of Amazon stock, amounting to billions of pounds. This move has sparked curiosity and speculation about its implications for Bezos, Amazon, and the broader market. Understanding the context, motivations, and potential outcomes of such a significant divestment is […]
Olumofe TemitayoA closer Look at Lenovo’s transparent display Laptop
At the Mobile World Congress, Lenovo revealed an intriguing ThinkBook Transparent Display Laptop concept. This cutting-edge gadget has a 17.3-inch transparent MicroLED display. When the display is off, people may see through it thanks to its up to 55% transparency. When illuminated, it reaches a peak brightness of 1000 nits and becomes entirely opaque, but […]
Olanrewaju AdeniyiShowmax dominates African streaming market
In recent years, the streaming industry has witnessed remarkable growth globally, and Africa is no exception. Among the various players vying for dominance in this market, Showmax has emerged as a clear frontrunner, capturing a significant share of the African streaming landscape. With a commanding 39% market share, Showmax has solidified its position as the […]
Olumofe TemitayoTeraco to power data centres with renewable energy
Teraco, a digital realty company and Africa’s largest interconnection hub and vendor-neutral data centre provider has announced a groundbreaking project to build a 120MW utility-scale solar photovoltaic (PV) energy facility in the Free State province of South Africa. The project will enable Teraco to power its data centres across the country with clean and reliable […]
Hauwa Ali AbdulUniversity of Johannesburg secures EU grant for digital transformation
The European Union has granted the University of Johannesburg (UJ) more than R8.1 million ($417,435.49) to aid in the digital transformation of South Africa’s Technical, Vocational Education and Training (TVET) institutions. Erasmus+ is an EU programme that supports youth, education, training, and athletics; it is the source of the grant. In an effort to address […]
Felicia AkindurodoyeExperts discuss African Marketing technology at MàrTech Africa 1.0
At the MarTech Africa 1.0, which took place at Zone Tech Park, Gbagada, Lagos, on Saturday, February 24, 2024, from 9:00 a.m. to 4:00 p.m., marketing technology workers and other interested parties were present at Martech Africa to discussed the future of marketing technology in Africa. Yournotify powered the event, which examined MarTech’s complicated effects […]
Modupeoluwa OlalereNIMC charges FEPs for Inclusion, data protection
The National Identity Management Commission (NIMC) plays a pivotal role in Nigeria’s efforts towards comprehensive identity management and data protection. In recent times, the NIMC has intensified efforts to ensure the inclusion of all eligible individuals into its database while also emphasising the importance of data protection. This article delves into the charges levied by […]
Olumofe TemitayoUber supports Moove’s $100m fundraising drive
Uber has committed to helping Nigerian vehicle lending startup Moove$100 million, according to Techpression sources. A report says the financing will lift Moove’s worth from $650 million to $750 million. The financial sum, between $75 million and $100 million, matches Uber and Moove’s past partnership. The 2020 arrangement gave Uber drivers flexible vehicle ownership. Moove […]
Modupeoluwa OlalereHow AI can be instrumental in addressing cybersecurity threats
As technology continues to evolve, so do the methods and complexities of cyber threats. In recent years, the integration of artificial intelligence (AI) has emerged as a crucial tool in combating these threats. Google CEO Sundar Pichai has provided insights into how AI can be instrumental in addressing cybersecurity challenges, offering a glimpse into the […]
Olumofe Temitayo