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Innovation

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
11

A Comparative analysis of Cloud and On-Premises Storage for businesses 

Data storage is essential for businesses because it helps with operations, efficiency, and expansion. Businesses are able to keep track of a plethora of information, including client purchases, product specifications, and market tendencies, due to data storage. When used for research, decision-making, and strategy development, this data is invaluable. It makes it easier to meet […]

Staff Writer
21

Kenya, 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 Abdul
21

SHELT 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 Abdul
28

Jeff 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 Temitayo
32

A 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 Adeniyi
14

Schneider Electric Kenya makes Odoh, Country President

With effect from February 2024, Ifeanyi Odoh will take over as Country President for Schneider Electric Kenya, a worldwide leader in energy management and automation. From his position as South East Asia’s Strategy and Transformation Leader overseeing Vietnam and Cambodia, Ifeanyi moves to Schneider Electric Kenya. Ifeanyi is a seasoned company executive who has championed […]

Felicia Akindurodoye
16

Intellect Design Arena launches eMACH.ai for MEA Banking

Intellect Design Arena Ltd, a cloud-native fintech firm serving banking and insurance clients across the globe, has launched its ‘first principles’ technology suite, ‘eMACH.ai’, tailored for bankers in the Middle East and Africa.  This suite, an open finance platform, is based on five core principles: configurability, richness, scalability, ease of integration, and composability. It empowers […]

Ibukunoluwa Josephine Bankole
21

Senegal ProXalys secures $500,000 for digital solutions

ProXalys, a Senegalese startup that offers digital solutions for business-to-business (B2B) trade, has announced that it has raised $500,000 in a new funding round from 216 Capital, a Tunisian seed fund that supports early-stage startups in Africa.  The round also saw the participation of Haskè Ventures, a Nigerian venture capital firm, and Digital Africa, a […]

Hauwa Ali Abdul
28

Showmax 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 Temitayo
28

Analysing Mastercard’s $200 million Investment in MTN Fintech

Mastercard’s recent investment of $200 million in MTN Fintech, a subsidiary of Africa’s leading telecommunications company, MTN Group, marks a significant milestone in the financial technology landscape.  This strategic move not only underscores Mastercard’s commitment to advancing digital payments but also signals a potential transformation in the fintech sector across Africa. Strengthening Digital Payments Infrastructure: […]

Olumofe Temitayo
21

Teraco 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 Abdul
14

Endeavor Kenya announces 10 entrepreneurs for ScaleUp program

Endeavour Kenya has announced ten startup founders who will participate in the first-ever Endeavour ScaleUp Programme.  This programme hopes to help high-growth start-ups figure out how to scale by providing them with connections and tools. The programme aims to support the growth of start-ups that already have a product and are operational. The Endeavour ScaleUp […]

Felicia Akindurodoye
32

Unveiling the Apple Vision Pro

The Apple Vision Pro, unveiled in June 2023, is Apple’s first foray into spatial computing, aiming to blend the digital world with the physical seamlessly. Here’s what we know about this innovative device: Key Features The Apple Vision Pro, unveiled in June 2023, marks a significant leap forward in human-computer interaction. This innovative device introduces […]

Olanrewaju Adeniyi
14

She Code Africa secures grant from FedEx to train African women in tech

One of the biggest express transport companies in the world, FedEx, has donated money to She Code Africa so that 100 women in Africa can get their tech careers off the ground.  As part of this support, participants will learn tech skills, get career guidance, access resources, and maybe even have the chance to intern. […]

Felicia Akindurodoye
32

New iPhone16 suggests high battery capacity

With the iPhone 16 leaks making headlines, anticipation for Apple’s latest smartphone release is at an all-time high.  Among the plethora of leaked details, one aspect that has caught the attention of tech enthusiasts is the reported battery capacities. Let’s delve into the revelations provided by analyst Majin Bu and explore the potential implications for […]

Olanrewaju Adeniyi
14

University 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 Akindurodoye
20

How to join Nigeria Customs’ e-Auction platform

To get rid of stolen goods like cars and other things in a way that works for everyone, the Nigeria Customs Service has started an e-Auction programme.  On the official Custom e-Auction website, seized goods and services can now be auctioned. To take part in this project, follow these steps. Read also: New Customs boss to embrace tech […]

Modupeoluwa Olalere
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