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Innovation

Highlights

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Trekk Scooters wins first Nigerian e-mobility innovation hackathon

20

Apple creates “Two-Tier” iPhone experience with iOS 17.4 Update

Apple is releasing iOS 17.4 with new features and fixes among its most extensive OS updates in years. This global update, available to all iOS 17 devices from the iPhone XS to the iPhone 15 Pro Max, alters App Stores, the iPhone Browser Engine, iMessage encryption, and more. Apple has kept several of these new […]

Modupeoluwa Olalere
21

MTN, Huawei builds digital innovation hub in Africa

Africa is on the verge of a digital revolution, and two leading companies are joining forces to accelerate it.  MTN Group, the largest mobile operator in Africa, and Huawei, the global leader in ICT solutions, have signed a Memorandum of Understanding (MoU) for a Joint Innovation Technology Lab, a groundbreaking initiative that will foster technological […]

Hauwa Ali Abdul
14

Nigeria must invest in learning centres and innovation hubs-Inuwa

Unveiling the NITDA’s Strategic Roadmap and Action Plan 2.0, Kashifu Inuwa, director general of the National Information Technology Development Agency (NITDA), has pointed out that Nigeria must invest in learning centres and innovation hubs to promote digital inclusion. Inuwa underscored the importance of working with stakeholders in the technology ecosystem to accomplish a resilient and […]

Felicia Akindurodoye
14

Zoho partners with J-Hub Africa Innovation Hub to help entrepreneurs

In an effort to foster the development of future business leaders and technological trailblazers, J-Hub Africa, located at Jomo Kenyatta University of Agriculture and Technology (JKUAT), has teamed up with Zoho Corporation. As part of the collaboration, Zoho will give out Zoho Wallet Credits worth up to KES 100,000 to entrepreneurs and individuals linked with […]

Felicia Akindurodoye
20

Samsung Introduces Galaxy Ring for Healthier Tips

Samsung has unveiled the Galaxy Ring mobile device, its much-anticipated bright ring.  The Galaxy S24 series was featured at Unpacked 2024, which preceded the reveal. The announcement highlights the Galaxy Ring and its potential to change how we see and manage our health. Samsung anticipates AI-powered mobile devices providing unprecedented health metrics. The organisation believes […]

Modupeoluwa Olalere
16

Nigeria imposes $10 billion fine on Binance

The Federal Government of Nigeria has escalated its crackdown on the crypto exchange platform Binance, demanding a staggering $10 billion in retribution.  This move follows Binance’s settlement of $4.3 billion for criminal money laundering charges in the U.S.  The government’s pursuit of retribution aims to salvage the nation’s local currency value amidst allegations of substantial […]

Ibukunoluwa Josephine Bankole
21

Nomfro tech unveils fourth edition of NTEEP for African startups

Nomfro Technologies, a leading provider of digital solutions for African businesses, has  launched the fourth edition of its Entrepreneurship Empowerment Project (NTEEP), offering training, mentorship, and exposure to 500 startups The project is a comprehensive support program that aims to empower 500 African startups with the essential tools, skills, and connections they need to grow […]

Hauwa Ali Abdul
16

South 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 Bankole
16

Ghana SC venture empowers MSMEs with digital financial solutions

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, is launching SOLV Ghana, a business-to-business (B2B) online marketplace that offers micro, small, and medium enterprises (MSMEs), short-term invoicing financing, buy now pay later services, and business loans via a trusted marketplace of verified buyers and sellers. Empowering MSMEs in Ghana “At SOLV, our mission […]

Ibukunoluwa Josephine Bankole
16

PalmPay fortifies in-app security features amid rise in cyber fraud

PalmPay, a leading Fintech company, has bolstered its in-app safety features to shield users from the surge in fraudulent activities within the digital banking system. The increase in fraudulent incidents has particularly impacted the fintech ecosystem in Nigeria, with Mobile, Web, and Point of Sales (POS) terminals being prime targets for fraudsters in 2023. The […]

Ibukunoluwa Josephine Bankole
28

Egyptian 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 Temitayo
32

Battle 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 Adeniyi
16

Nigeria 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 Bankole
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