Qualcomm Technologies and Aramco Digital, Aramco’s digital and technology business, are developing the first AI-enabled industrial 5G smartphone with 450MHz spectrum support. The announcement was made on Monday at LEAP 2025. Read also: ToumAI lands €1 million pre-seed capital to enhance global customer experience Enhancing connectivity for industrial applications The Qualcomm QCM8550 and QCM6490 processors […]

The Central Bank of Nigeria (CBN) on Monday directed all banks to charge customers N600 for every N20,000 withdrawal from Automated Teller Machines (ATM) to reflect “rising costs.”  Per a CBN circular titled ‘Review of Automated Teller Machine Transaction Fees,’ referenced FPR/DIR/GEN/CIR/001/002 and seen by Techpression, all financial institutions are to charge ATM users from […]

P1 Ventures, an early-stage Pan-African venture capital firm established in Egypt in 2020, has announced the closing of its first institutional fund with USD 50 million. This milestone arrives amid a challenging period for African venture capital as foreign investors have returned to safer, more established markets. “We have strong conviction there will be billions […]

The Beninese government seeks to increase digital inclusion and enhance internet connectivity in underserved areas by utilising Starlink’s space technology. On Wednesday, February 5, officials of Elon Musk’s American business SpaceX, which runs the satellite internet service provider, Starlink, met with Minister of State for Economy and Finance Romuald Wadagni to discuss three areas of […]

ToumAI, an AI technology firm based in Morocco, has raised EUR 1 million (US$1.03 million) in pre-seed capital to broaden and improve its consumer experience (CX) offerings globally.  The funding round, announced on Monday, was led by Launch Africa Ventures, with participation from Madica by Flourish Ventures, Orange Ventures, Digital Africa, GO Ventures, business angel […]

On January 20, the Nigerian Communications Commission (NCC) announced a 50 percent tariff hike on telecoms offerings for the first time in 12 years, as against the 100 percent proposal made by the telecom operators, citing operational costs and inflation. The Commission highlighted that the decision was in line with regulatory obligations under Section 108 […]

The Infinix Hot 50 Pro, launched in October 2024, has graced the world of budget smartphones. This phone offers premium features at an accessible price point. Techpression has taken an in-depth look at the phone’s offerings and here’s what we found. Read also: Infinix debuts colour-changing back cover with E-Colour Shift 2.0 technology Design, build […]

On Wednesday, February 5, Huawei released a new teaser that suggests the Mate XT tri-fold will go on sale worldwide on February 18. Later this month, the business will introduce what is likely one of its most recognisable products to customers worldwide at a lavish press conference. In a post, Huawei published on its official […]

Vodafone Group Plc (“Vodafone”) on Friday announced the appointment of Guillaume Boutin as CEO of Vodafone Investments & Strategy and a member of the Group Executive Committee. Guillaume is to take over from Serpil Timuray in May, anticipated to exit²wŵ Vodafone in June after a fruitful 15-year career, in order to seek opportunities outside of […]

On February 8, 2025, TikTok announced that U.S. Android users can download the app directly from its website using Android Package Kits. This move allows users to bypass restrictions imposed after the app’s removal from the App Store and Google Play Store following a U.S. ban on January 19. The ban was enacted due to […]

Apple is poised to announce two new additions to its product lineup on February 11, 2025. The anticipated launch includes the fourth generation of the iPhone SE and the much-awaited Powerbeats Pro 2 wireless earbuds, signalling Apple’s commitment to innovation across its smartphone and audio accessory segments. Read also: Apple’s rumoured foldable iPhone: What we […]

The United States visa renewal process has undergone a major change with the removal of the drop box visa processing option for Nigerian applicants The move is coming on the heels of Donald Trump‘s immigration policy which has had significant impact globally. The feature that permitted holders of expired visas to renew their visas without […]

Sylvia Mulenge, the CEO of MTN Uganda, has been ranked top executive of the year among all the African nations where the telecoms company operates. The announcement was made on Thursday at the MTN Global Leadership Gathering (GLG) gala in Johannesburg, South Africa. Mulinge, who assumed her role as CEO of MTN Uganda in 2022, […]

French construction giant Colas has secured three major contracts worth €430 million to expand Morocco’s high-speed rail network between Kenitra and Marrakech. The announcement was made via a statement on February 5, with the contracts signed in January 2025. This marks a significant milestone in Morocco’s infrastructure development as the country gears up for the […]

Verto, a global fintech company specialising in cross-border payments and banking solutions, has launched the Verto Global Business Award. This initiative, announced on February 6, 2025, aims to support early-stage startups in South Africa, Nigeria, and Kenya by providing funding and resources to help them scale internationally. With a total prize pool of $15,000, the […]

Nigeria is among nine countries that could face catastrophic consequences if asteroid 2024 YR4 collides with Earth in December 2032, scientists have warned. The asteroid, estimated to be as powerful as a 10-megaton bomb—1,000 times more destructive than the Hiroshima explosion—has sparked urgent discussions about a potential deflection mission, which would be the first of […]

Egyptian fintech startup Khazna has secured $16 million in pre-Series B funding to support its application for a digital banking licence in Egypt and expand into Saudi Arabia. Khazna aims to provide financial services to underserved low- and middle-income workers. With this latest investment, the company is set to strengthen its market position and drive […]

Apple is reportedly working on a foldable iPhone, which could be launched in September 2026. A recent leak revealed detailed specifications of the rumoured device. Design and display The foldable iPhone is expected to have a 12-inch display when unfolded, which is “comparable to two 6.1-inch iPhones folded together”.  The device will have a “large […]

On February 5, 2025, the SIA Foundation announced the launch of the SIA Startup Foundry Cohort 2, an initiative to provide Nigerian startups with funding, mentorship, and the necessary tools for scaling their businesses. The program is designed to address challenges faced by entrepreneurs in Nigeria, including limited financial resources, business development struggles, and access […]

The PlayStation Network (PSN) is experiencing a major outage that began around 5:30 a.m. on Saturday. This has left countless gamers worldwide unable to access online services. The outage impacts various services, including online gaming, account management, social features, the PlayStation Store, PlayStation Video, and the PlayStation Direct website.  Read also: Forza Horizon 5 coming […]