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South Africa to unveil Conduct of Financial Institutions Bill, COFI
Recent Articles
Battle of high-end robot vacuums
Olanrewaju AdeniyiA closer Look at Lenovo’s transparent display Laptop
Olanrewaju AdeniyiUniversity of Johannesburg secures EU grant for digital transformation
Felicia AkindurodoyeVisa appoints Chad Pollock as new VP for East Africa
Olumofe TemitayoShowmax plans 50 million subscribers in rebranding efforts
Olumofe TemitayoGoogle Gemini replaces Bard as AI’s super-platform
Modupeoluwa Olalere![Advert](https://techpressionmedia.com/wp-content/uploads/2024/04/IMG_20240376_193354766.webp)
![20](https://i0.wp.com/techpressionmedia.com/wp-content/uploads/2024/02/Vodacom-to-Appeal-Court-Order-to-Pay-Inventor-of-22Please-Call-Me22-Service-about-1billion.webp?fit=1200%2C900&ssl=1)
Vodacom, SA tech entrepreneur still in legal tussle
Vodacom and South African tech entrepreneur Nkosana Makate, who came up with the idea for “Please Call Me,” will go to court again, even though Makate recently won in the Supreme Court of Appeal of South Africa (SCA). Makate wanted to have the $2.5 million (R47 million) pay deal from the company looked over again. […]
Modupeoluwa Olalere![21](https://i0.wp.com/techpressionmedia.com/wp-content/uploads/2024/02/startupp-320x213-1.jpg?fit=320%2C213&ssl=1)
7 companies likely to fund African startups in 2024
The African tech ecosystem faced a tough year in 2023, with funding dropping by almost half compared to 2022, according to Intelpoint. Many growth-stage startups struggled to raise capital, leading to layoffs, closures and fire sales. However, some investors remained bullish on the continent’s potential and launched new funds or increased their activity. Here are […]
Hauwa Ali Abdul![16](https://i0.wp.com/techpressionmedia.com/wp-content/uploads/2024/02/Visa-Accelerator-Program-2024-for-Startups-768x432-1.jpg?fit=768%2C432&ssl=1)
Visa opens applications for 2nd Africa Fintech Accelerator Program
Visa, a global leader in digital payments, has opened the application process for the second cohort of its Africa Fintech Accelerator program. The announcement was made at Fintech Day in Morocco, where industry experts gathered to explore opportunities for enhancing digital payments and financial inclusion in the country. The initiative aims to support Seed to […]
Ibukunoluwa Josephine Bankole![20](https://i0.wp.com/techpressionmedia.com/wp-content/uploads/2024/01/Nigerian-Banks.webp?fit=650%2C350&ssl=1)
Nigerian Banks register new 291,232 BVNs in two weeks
Nigeria’s financial system faced fraud in 2014. In response, the Central Bank and all banks launched the Bank Verification Number. To prevent unlawful transactions, this 11-digit identity was connected to fingerprints and facial scans. After initial security concerns, the BVN succeeded. Increased financial inclusion, decreased fraud, and simplified credit checks. It protects banks and clients […]
Modupeoluwa Olalere![14](https://i0.wp.com/techpressionmedia.com/wp-content/uploads/2024/01/aYcombinator-1024x576-1.jpg?fit=1024%2C576&ssl=1)
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 Akindurodoye![20](https://i0.wp.com/techpressionmedia.com/wp-content/uploads/2024/01/IMG_7936.jpg?fit=1920%2C1080&ssl=1)
Xiaomi 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 Olalere![20](https://i0.wp.com/techpressionmedia.com/wp-content/uploads/2024/01/Meta-To-Protect-Teens-From-Unwanted-DMs-on-Instagram-Others-News-Central-TV.jpg?fit=1696%2C1080&ssl=1)
Meta 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 Olalere![16](https://i0.wp.com/techpressionmedia.com/wp-content/uploads/2024/01/africa-fintech-1.jpg?fit=700%2C366&ssl=1)
African 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 Bankole![20](https://i0.wp.com/techpressionmedia.com/wp-content/uploads/2024/01/ebay-hq-inc15-825x500-1.jpg?fit=825%2C500&ssl=1)
Tech 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 Olalere![20](https://i0.wp.com/techpressionmedia.com/wp-content/uploads/2024/01/Consulate-General-meeting.jpg?fit=800%2C533&ssl=1)
Anambra 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, […]
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Mastercard, 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 Abdul![21](https://i0.wp.com/techpressionmedia.com/wp-content/uploads/2024/01/tech-startups.jpg?fit=330%2C248&ssl=1)
US 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 Abdul![21](https://i0.wp.com/techpressionmedia.com/wp-content/uploads/2024/01/Kashim-Shettima.webp?fit=801%2C532&ssl=1)
African leaders Must prioritise technology, digital skills- Shettima
Nigeria’s Vice President, Senator Kashim Shettima, delivered a compelling call to action at the African Economy of Scale Plenary during the World Economic Forum (WEF) in Davos, Switzerland. Urging African leaders to prioritise technology and digital skills, he emphasised the need to elevate the continent’s Gross Domestic Product (GDP) from its current three percent of […]
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