News
Y Combinator selects Nigerian startup, Miden
Y Combinator has selected Miden, a Nigerian startup that uses its API to let businesses issue virtual cards to customers for their winter 2024 batch. Miden is the second Nigerian startup to join this year’s winter cohort, following Cleva, a cross-border payment service. Okiemute Avworhokai and Ini Udoh established Miden in 2022 to facilitate businesses’ […]
Felicia AkindurodoyeSouth Africa sounds alarm on MMM Krypto, citing potential risks
The Financial Sector Conduct Authority (FSCA) of South Africa has raised alarm on the public involvement in MMM Krypto, a mutual aid fund, citing potential risks. The FSCA reveals that MMM Krypto might be offering financial services to the South African public through social media platforms like YouTube, TikTok, and Facebook, accompanied by enticing promises […]
Ibukunoluwa Josephine BankoleNigerian data regulator (NDPC) investigates 17 violations
The Nigerian Data Protection Commission (NDPC) is investigating 17 significant data breaches in banking, technology, education, consultancy, government, logistics, and gaming/lottery. NDPC National Commissioner Dr Vincent Olatunji said this at Global Data Privacy Day in Abuja. In addition, the commission received over 1000 data breach complaints, prompting investigations. Olatunji said the commission’s efforts in the […]
Modupeoluwa OlalereCarry1st, Sony partner to grow PlayStation brand in Africa
Carry1st, a video game studio based in Cape Town, South Africa, has announced a strategic partnership with Sony, the Japanese consumer electronics and gaming giant, via its Sony Innovation Fund venture arm. The partnership, which was revealed exclusively to CNBC, will involve a range of commercial opportunities for both companies, as they explore ways to […]
Hauwa Ali AbdulXiaomi launches Redmi Note 13 series in Nigeria
Redmi Note 13 Series, Xiaomi’s latest smartphone, has shattered the smartphone industry again. The launch event on January 24th in Lagos, Nigeria, unveiled five unique gadgets that would reinvent the Redmi Note legacy. The Redmi Note 13 Pro+ 5G, 13 Pro, and 13 are the leading models with improved cameras, designs, displays, and processors. Xiaomi’s […]
Modupeoluwa OlalereMeta restricts Facebook and Instagram teen chatting
Meta, a social media group, has added new features that will make it harder for young learners to get messages on Facebook and Instagram. The company said that the new rules that went into effect today build on an earlier rule that said adults couldn’t message kids who weren’t following them. Meta said that teens […]
Modupeoluwa OlalereAfrican fintech market to reach $65 billion by 2030
As Africa continues to experience a rapid surge in fintech revenue, marked by a compound annual growth rate (CAGR) of 32%, a recent report by Boston Consulting Group (BCG) and QED Investors foresees the continent’s fintech market reaching an estimated $65 billion by 2030. South Africa, Nigeria, Kenya, and Egypt stand at the forefront of […]
Ibukunoluwa Josephine BankoleTech Layoffs: eBay cuts 1,000 jobs
The online store eBay has said it will be letting go of 1,000 full-time workers or about 9% of its total staff. The data was made public in a recent government statement. The initiative is part of the company’s plan to be “more nimble” in a “challenging” business climate, according to CEO Jamie Iannone. It […]
Modupeoluwa OlalereUnmasking the phantoms: how to detect scam Websites
The internet’s vast marketplace can be an endless source of deals and opportunities, but hidden in the shadows are wolves in sheep’s clothing: scam websites. Cybercriminals who want to steal your information, money, or identity, so it’s essential to learn how to find them online. Here are some tips to help you find the warning […]
Modupeoluwa OlalereAnambra exchanges technology with Amazon, Google, 24 others
Anambra state government announces strategic engagement with 26 US high-tech enterprises. [ez-toc][ez-toc] this. These firms include Google, Meta, AWS, Dell, and others. As reported, the strategic relationship was reached over a weekend meeting at the US Consulate General in Lagos. The state delegation, led by Governor Chukwuma Charles Soludo, CFR, met with the US Consul-General, […]
Modupeoluwa OlalereMastercard, EDC empower 10,000 women with digital skills in Lagos
The Enterprise Development Centre (EDC) of Pan Atlantic University and the Lagos State government have announced a partnership aimed at providing 10,000 women entrepreneurs with the capital and expertise they need to launch and expand their enterprises. The partnership, which is a component of the MasterCard Foundation-powered Transformation of Nigerian Youths programme, intends to increase […]
Hauwa Ali AbdulUS pledges support for Nigerian tech startups
The US Secretary of State, Antony Blinken, has expressed his country’s readiness to invest in Nigeria’s economy, especially in the tech sector, during his visit to Abuja on Tuesday. Blinken, who met with President Bola Tinubu and other top officials, said that Nigeria offers clear and compelling opportunities for investors and that American entrepreneurs and […]
Hauwa Ali AbdulAI May Ruin African Tech Startups in 2024
Artificial intelligence (AI) is a potent technology that can address a number of issues and open up new possibilities. But it can also be a severe danger to African digital entrepreneurs, who already have a lot on their plate in the competitive and fast-paced international market. A recent analysis from the Boston Consulting Group (BCG) […]
Hauwa Ali AbdulRussian hackers break into Microsoft system
Microsoft says that Russian government-backed hackers called Midnight Blizzard broke into its system and caused a breach. The company warns that all organisations are now at risk from well-resourced nation-state threat players. In a recent statement with the U.S. Securities and Exchange Commission, the company said this. Microsoft said hackers got into corporate email accounts […]
Modupeoluwa OlalereAmpersand secures $19.5m, to expand electric motorcycle fleet
Ampersand, a Rwandan-based electric transport energy company, has secured $19.5m in funding to expand its e-motorcycle fleet and battery swapping network in Kenya and Rwanda. The company, which was founded in 2016, claims to be the largest electric motorcycle company in Africa, with over 1,000 e-motorcycles on the roads of both countries. The funding round, […]
Hauwa Ali AbdulTrail Alley launches ‘Tech SkillUp Fellowship Program’ in Africa
Trail Alley, a transformative social community platform focused on empowering African youths in technology, has recently launched its highly anticipated 3-week Tech SkillUp fellowship program. This pioneering initiative is strategically crafted to provide participants with essential technical skills and unwavering support, paving the way for a successful career in the dynamic field of technology. Beyond […]
Hauwa Ali AbdulAstronomers discover 8 billion-year-old radio signal
In a momentous discovery, astronomers have detected an enigmatic burst of radio waves that embarked on an extraordinary journey of 8 billion years to reach Earth. Its location was pinpointed by the European Southern Observatory‘s Very Large Telescope in Chile, one of the most powerful optical telescopes. This fast radio burst (FRB) is not only […]
Ibukunoluwa Josephine BankoleMTN names David Behr as Head of new ICT center
David Behr will take over as CEO of the Information and Communication Technology (ICT) Centre of Excellence (CoE) on November 1, as the MTN Group has announced. Previously, Vaughn Naidoo served in an interim capacity for the role. Behr, who possesses vast knowledge in the enterprise space, including enterprise cloud, cybersecurity, Internet of Things solutions, […]
Felicia AkindurodoyeStarlink to introduce direct-to-phone connection in 2024
SpaceX has confirmed that mobile phones will soon be able to connect directly to Starlink‘s satellites. According to a new advertisement page published by SpaceX, the “Starlink Direct to Cell” service is scheduled to be implemented between the years 2024 and 2025. Starlink will compete with established telecommunications companies such as MTN, Airtel and Globacom […]
Felicia AkindurodoyeRema’s Calm Down hits one billion streams on Spotify
The song “Calm Down” by the Nigerian singer Rema (whose real name is Divine Ikubor) is the first track by an African artist to enter Spotify‘s billions of streams club. This indicates that the chart-topping single that features Selena Gomez has amassed more than one billion streams on Spotify. Additionally, he is ranked among the […]
Felicia Akindurodoye