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Innovation

Highlights

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MTN ends 8-year sponsorship of South Africa’s national rugby team

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Sterling Bank launches EV charging station in Yaba, Lagos to accelerate electric vehicle adoption in Nigeria

Sterling Bank, one of Nigeria’s top financial institutions, has made a major contribution to environmental sustainability with the opening of its new electric vehicle (EV) charging station in Yaba, Lagos, on Thursday. This move underscores Sterling Bank’s commitment to corporate responsibility and supports Nigeria’s transition to environmentally friendly transport, aligning with the growing global demand […]

Staff Writer
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MyLagosApp: MTN and Lagos govt launch mobile app for utility bills, traffic updates, seamless payments

MTN Nigeria in partnership with the Lagos State Government unveiled on Thursday MyLagosApp, a cutting-edge smartphone application which is intended to improve city exploration by facilitating ease of navigation, local attraction discovery, entertainment access, and seamless payment processing for both locals and visitors. While announcing the development on Thursday, MTN Nigeria stated that the launch […]

Staff Writer
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International Women’s Day: Falz partners with AltSchool Africa to offer tech scholarships to 20 women

Nigerian rapper and activist Folarin Falana, popularly known as Falz, has teamed up with AltSchool Africa to empower women in tech through a scholarship program. Announced on Wednesday in celebration of International Women’s Day, this initiative will grant 20 women full scholarships to study tech courses of their choice, including Engineering, Product, and Data. Read […]

Staff Writer
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From Space to Startups: 10 women trailblazers shaping tech in Morocco, Egypt

As the world celebrates International Women’s Day (IWD) in 2025, themed “Accelerate Action,” the spotlight is on the urgent need for gender equality in all sectors, particularly in technology.  In Morocco and Egypt, women are not just participating in the tech revolution—they are leading it. From space exploration to innovative startups, these women are breaking […]

Modupeoluwa Olalere
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Safaricom’s M-PESA celebrates 18 years of providing financial services to Africans

Today, March 7, 2025, marks the 18th anniversary of the inception of Safaricom’s mobile money service, M-PESA, in March 2007. Currently, M-PESA serves more than 70 million clients in more than 170 countries worldwide. In Kenya, Ethiopia, Tanzania, Mozambique, the Democratic Republic of the Congo, Lesotho, Ghana, and Egypt, the mobile financial services company already […]

Staff Writer
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Zimbabwean SMEs, women to receive €20 million financial support

On Tuesday, Stanbic Bank and EIB Global announced the launch of a €20 million credit line to support small and medium-sized enterprises (SMEs) and women entrepreneurs in Zimbabwe. Nearly half of Zimbabwe’s SMEs are led by women; therefore, this credit line will address their funding needs. Read also: Dutch bank launches $4 million initiative to […]

Modupeoluwa Olalere
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Antler VC expands to Nigeria, fueling startup innovation

Antler, a global venture capital firm known for its early-stage investments across the U.S., Europe, Africa, and Asia, launched operations in Nigeria on Wednesday. As a prominent stakeholder in Africa’s largest economy, Antler empowers entrepreneurs through finance, mentorship, and co-founder matching. Nigeria’s innovation hub attracts Antler VC Antler’s expansion into Nigeria is driven by its […]

Modupeoluwa Olalere
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Dutch bank launches $4 million initiative to fund startups in Ghana, Nigeria, Tanzania

FMO, a Dutch entrepreneurial development bank, announced on Thursday the launch of Africa Ecosystem Catalysts Facility (AECF) in collaboration with Village Capital and RVO (the Netherlands Enterprise Agency). The AECF is a $4 million program designed to assist startups making social and economic difference in Ghana, Nigeria, and Tanzania. The facility will collaborate with locally-led […]

Staff Writer
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Clearwater capital completes acquisition of SnoLink logistics

On Wednesday, Clearwater Capital, a private equity fund manager, announced the acquisition of SnoLink Logistics, the temperature-controlled storage and logistics arm of Etlin International, through a business rescue deal. This strategic move reflects Clearwater’s long-standing interest in the sector and aims to enhance South Africa’s evolving supply chain by offering a reliable route to market. […]

Modupeoluwa Olalere
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ElevenLabs launches AI-powered audiobook platform for effortless publishing

ElevenLabs, a leader in AI audio technology, has introduced ElevenReader Publishing, a groundbreaking platform that allows authors to create and publish audiobooks effortlessly. Available on iOS and Android, this AI-powered tool simplifies audiobook production, making it faster, more affordable, and accessible to authors worldwide. What is ElevenLabs’ ElevenReader Publishing? ElevenReader Publishing by ElevenLabs revolutionises how […]

Olanrewaju Adeniyi
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Safaricom–UNICEF partnership to enhance youth engagement in Ethiopia

Safaricom Telecommunications Ethiopia PLC and UNICEF have partnered to provide free access to the U-Report platform in an effort to empower youth nationwide. According to the announcement made by Safaricom Ethiopia on Tuesday, the platform users will benefit from free messaging services for a year as part of this program. Through providing them with essential […]

Staff Writer
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Volkswagen brings electric tractors to Nigerian farms

Volkswagen, a global automotive giant, announced on February 23, 2025, its plans to introduce e-tractors in Nigeria.  This initiative, backed by the German government, aims to enhance agricultural mechanisation in Nigeria to support its industrial growth and food security. Read also: Google X launches AI farming startup, Heritable Agriculture Introduction of e-tractors: enhancing agricultural efficiency […]

Modupeoluwa Olalere
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Safaricom Ethiopia donates 10 million ETB to Mekedonia Charity supporting the aged and disabled

On Saturday, Safaricom Ethiopia donated 10 million ETB to the Mekedonia Charity Organization to support their work in providing hope, dignity, and care for the elderly and disabled. “We believe in the power of the community, and today, we are proud to reaffirm our commitment to making a meaningful difference,” Safaricom stated on Saturday. Read […]

Staff Writer
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