Wema Bank Plc on Monday announced that it will reward winners with prizes valued at ₦75 million during its youth and startup-focused tech competition, Hackaholics.     Wema Hackaholics was founded in 2019 with the goal of fostering the inventiveness and spirit of entrepreneurship of Nigerian youths by providing them with a forum to actualise their tech-driven […]

The Latitude59 competition, a renowned event that showcases innovation and entrepreneurship around Africa, announced on November 15 that 10 promising startups have been chosen to compete in the final lap. A press conference announced the selection of these startups as part of a competitive process to showcase new ideas and promote entrepreneurship across the continent. During […]

South Africa’s Ministry of Communications and Digital Technologies has launched the AI Institute of South Africa, a key milestone unveiled during the inaugural AI Summit Cape Town at the 27th annual Africa Tech Festival. Held between November 12 and 14, 2024, at the Cape Town International Convention Centre, the event gathered over 15,000 attendees to […]

Bluesky is a social media site developed to replace Elon Musk’s X, previously known as Twitter. It is becoming popular because many users are dissatisfied with Musk’s modifications to X, such as political shifts, moderating policies, and rising bots. It has about 19 million users, and the app is gaining 10,000 users every 10-15 minutes. […]

Orange Egypt has pledged USD 52.7 million to enhance startup growth across Africa, with a strong focus on fostering youth-driven innovation.  This initiative was announced by Yasser Shaker, CEO of Orange Egypt, during a press conference on November 15 at the Africa Tech Summit in Nairobi, Kenya. Shaker noted that 40 startups have benefited from […]

FNB Connect has announced that it now allows embedded SIM cards (eSIMs) to be used with all its product lines for both retail and business clients. Since it takes less than three minutes to connect to a mobile network and there is no additional time required for the delivery of a physical SIM card, the […]

Saudi-based social media platform Bubbl has successfully raised $350,000 in a pre-seed funding round led by angel investor Abdullah Al Dosari, which was announced on Sunday. Aya Alhamoud, an entrepreneur, started Bubbl in March 2024 to change how people use social media in the Kingdom by giving them a platform tailored to their culture and […]

MTN has successfully completed its first 5.5G network trial at its head office in South Africa, thanks to strategic cooperation with Huawei. On-site 5G standalone mode took advantage of millimetre wave and C-band spectrum resources, giving users an ultra-high-speed experience in the trial. A new age in African telecoms is dawning as MTN, a pioneer […]

TikTok on Wednesday announced the deletion of 360,000 videos in Kenya, making it the tenth African nation to experience a crackdown as the video-sharing app adopts stricter measures to enforce guidelines. This brings the total videos deleted across 10 African countries to over 12 million in the second quarter of 2024. The recent media report […]

Salesforce, a global leader in customer relationship management (CRM) systems, plans to open a Nigerian office, underscoring the digital ecosystem’s development and potential. The company’s strategic growth supports its goal of expanding into new markets and harnessing Africa’s largest economy’s talent and business potential. Sandra Adesuwa Ebere’s appointment as business development lead Read also: Trump […]

OPay, a renowned financial service provider in Nigeria, presented ₦12 million in scholarships to 40 honourable students at Ahmadu Bello University (ABU), Zaria in Kaduna state.  Opay empowers ABU Zaria students Opay announced on Wednesday that each student will receive N300,000, relieving financial burden and encouraging academic success. Read also: Moniepoint eyes commercial banking license […]

Meta is preparing to run commercials on Threads in early 2025, marking a significant shift from its initial strategy of refraining from monetisation in the platform’s early stages.  The app boasts explosive growth to reach 200 million monthly users as of August 2024, surpassing the app’s expectations. Meta is now reconsidering its stance and focusing […]

As MultiChoice Group works to finalise a R55-billion ($3 billion) agreement with Vivendi’s Canal+, CEO Calvo Mawela is confident the agreement will position the African entertainment giant to better compete with global streaming platforms like Netflix in the African market. The deal, which is still under regulatory review, aims to boost MultiChoice’s revenue and content offering, […]

Snapchat has announced a new feature that allows parents to request their teen’s real-time location. On Thursday, the video-sharing app  introduced Snap Map, a location-sharing feature within its Family Center, an in-app hub offering parental tools and resources. Snapchat enhancing safety for families The new location-sharing capability is designed to empower parents, allowing them to […]

Moroccan investment company Al Mada Ventures has acquired control of the agritech business YoLa Fresh, according to a statement released by Morocco’s Competition Council on October 3. Aiming to simplify Morocco’s scattered fresh produce supply chain, the acquisition gives Al Mada Ventures, a firm committed to supporting technology innovation in Africa, a powerful role in […]

Xbox Ultimate deals are active today. You have over 1,300+ Black Friday deals on games, DLC packs, and bundles for the year 2024. Up to 90 per cent off is a good time for gamers to purchase their products. Currently, the sale is also open for Africans, with some deals expiring soon and some for […]

Access Bank UK, a subsidiary of Access Holdings, has announced its acquisition of majority equity stake in AfrAsia Bank, Mauritius’ fourth-largest bank by total assets. This move, announced on the company’s website on Thursday, November 14,  is part of Access Bank’s strategy to enhance its African presence by leveraging acquisitions to drive growth and expand […]

TikTok, a short-form video broadcasting platform, has announced that it has banned over 360,000 videos in Kenya over non-compliance with its community guidelines. TikTok’s swift action through automated systems TikTok’s quarterly Community Guidelines Enforcement Report, released Wednesday, showed 60,465 global account bans. The platform continues to enforce age restrictions, as 57,262 accounts were reported as […]

A network of 171 phoney accounts on X (previously Twitter) was exposed on November 12, 2024, as trying to steer the next Ghanaian elections. Automated bots created these accounts to spread false information and control online conversations. The announcement raises concerns about electoral integrity as Ghana prepares for a critical election. The Ghana Commission for […]

Kenya is making great strides by creating a strong and responsible AI ecosystem. This emerges from establishing the UK-Kenya AI Challenge Fund, spearheaded by the African Centre for Technology Studies (ACTS). The program aims to guarantee that the advantages of AI reach every Kenyan by giving safety, ethics, fairness, and inclusion priority. This will create […]