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Technology

Highlights

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Jumia stock soars 17.72% in less than 24 hours

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Canalbox unveils fibre optic internet in Uganda

In Uganda, CanalBox, a new broadband Internet service provider, has formally opened for business after investing approximately Shs50 billion, or $13.5 million, during the previous 11 months. The initiative, which was created by Group Vivendi Africa (GVA), a Vivendi subsidiary dedicated to providing Internet access throughout the continent, intends to significantly increase Internet penetration in […]

Staff Writer
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EU helps Nigeria innovate technologies

According to Minister of Innovation, Science, and Technology Uche Nnaji, the EU’s cooperation with the Nigerian federal government will significantly advance technological development, boost research in technology innovation, and unleash Nigeria’s potential in the global tech scene. Nnaji, who was there as the representative of Dr Matthew Adepoju, Director General of the National Space Research […]

Modupeoluwa Olalere
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Stakeholders decry multiple levies threatening FGN’s fibre optic project

Nigeria’s planned 90,000-kilometer fibre project would not be successful unless the state government were prepared to assume responsibility and stop using the right-of-way (RoW) to generate internal money. Stakeholders in the telecom sector held this position during the most recent Policy Implementation Assisted Forum, which was held in Lagos for its sixth edition. The Federal […]

Staff Writer
37

Hexing to use tech to close metering gap

Hexing Nigeria has stated that it is dedicated to giving Nigerians access to inexpensive and renewable energy, even while the Band A electricity cost triples. This occurred as the company introduced technology to improve the renewable energy environment, reduce line loss, and close the metering gap in Nigeria. Hexing Group said in a statement that […]

Staff Writer
20

Zimbabwe’s BARD Santner initiates remittances platform

A financial middle-ground company called Bard Santner Incorporated, which focuses on asset management, business finance, and wealth management, has launched a new money transfer platform called TX Money Transfer. The company wants to fill in the gaps in the money transfer market by offering “a transparent service.” Zimbabwe’s remittance industry is currently based on sending […]

Modupeoluwa Olalere
37

AVEVA reduce carbon footprints through tech innovations

As stated in its 2023 Sustainability Progress Report, AVEVA, a multinational industrial software company, has dramatically decreased its carbon footprint through technical breakthroughs. In its report, the corporation claimed to have surpassed its 2025 objective by reducing Scope 1 and 2 emissions by 93%. With integrated power usage measurement technologies in 31% of its portfolio, […]

Staff Writer
35

WhatsApp enhances safety in group chat with new features

WhatsApp has added fresh group chat tools to support user security and openness. These changes seek to give consumers negotiating the expanding group ecosystem greater context and control. As group-based communication continues to become popular, WhatsApp’s most recent improvements are natural. As private messaging has grown, WhatsApp has become a go-to venue for private conversations […]

Staff Writer
35

samsung-galaxy-unpacked-event-unveils-ai-powered-innovations

Samsung’s Galaxy Unpacked event, held on July 10, 2024, in Paris, France, showcased the company’s most current AI-driven technologies. The occasion highlighted Samsung’s commitment to incorporating artificial intelligence into all its products, increasing user experiences through seamless connectivity and creative inspiration. The IT behemoth’s concentration on artificial intelligence represents a significant advancement in the development […]

Staff Writer
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Innovate Africa Fund’s $2.5M Rollout

Innovate Africa, an angel investment fund co-founded by Kristin Wilson and Christian Idiodi aims to support up to 20 startups in its first year of operation with purpose-driven technology to address complex and well-known problems like unemployment, poverty, and insecurity. The fund helps early-stage founders finance life-changing ideas, taking startups from conception to product and […]

Staff Writer
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ITIDA, Telecom Egypt, and Nokia’s Network Automation initiatives

Telecom Egypt, Nokia, and the Information Technology Industry Development Agency (ITIDA) signed a Memorandum of Understanding before Prime Minister Dr. Mostafa Madbouly during the Egypt-EU Investment Conference in Cairo. Nokia hopes to strengthen its position in the Egyptian market through this deal and increase its innovation and service export capacity. The Minister of Communications and […]

Modupeoluwa Olalere
14

Mastercard Foundation to organise EdTech conference

Mastercard Foundation is set to organise an educational technology (EdTech) conference from Monday, 8th July to Wednesday, 10th July 2024. Young African innovators, entrepreneurs, policymakers, and other stakeholders are expected to come together at the EdTech Conference 2024 to push the development of equitable digital learning platforms for everyone. The conference, which will take place […]

Felicia Akindurodoye
36

JICA opens NINJA Accelerator in South Africa

The Japanese International Cooperation Agency (JICA)‘s main programme, the NINJA Accelerator, which started in 2015, is now offered in South Africa. The programme will emphasise open innovation and strategic collaboration between Japanese and South African firms. The program aims to foster innovation, entrepreneurship, and economic growth in South Africa while promoting cross-cultural exchange and learning […]

Staff Writer
32

China-based EV producer Neta joins Kenyan market 

The Kenyan automotive sector reached a milestone when Neta, a leading Chinese EV manufacturer, entered the market. Kenya is adopting sustainable mobility options and reducing carbon emissions. Neta’s expansion into Kenya is part of its broader strategy to establish a presence in emerging markets with high growth potential. Neta aims to tap into the growing […]

Olanrewaju Adeniyi
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