2024-04-16 02:34
Elon Musk has proposed the introduction of a nominal fee for new users who wish to post on the social media platform X as a strategic measure to address the persistent issue of automated bot… Read More
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Current News on Innovation, Technologies, Businesses, Products, People in Africa
2024-04-16 02:21
Meta’s Threads app is frequently touted as the tech giant’s answer to rival social platforms. However, many former Twitter users who have switched to Threads voice their dissatis… Read More
2024-04-16 02:10
Crypto exchange VALR has confirmed that it has acquired the necessary approval from the South African Financial Services Conduct Authority (FSCA) to operate within the regulatory framework… Read More
2024-04-16 01:54
Meta, the conglomerate that owns prominent social media platforms including Facebook, Instagram, and WhatsApp, has launched a comprehensive campaign dedicated to combating hate speech and th… Read More
2024-04-15 21:41
Tesla, the pioneering electric vehicle (EV) manufacturer, is undergoing significant restructuring, according to an internal memo obtained by Reuters on Monday. The memo revealed plans to lay… Read More
2024-04-15 16:25
The recent suspension of Starlink’s roaming internet services in Zimbabwe, at the behest of the country’s telecom regulator POTRAZ, throws the spotlight on the nuanced regulatory… Read More
2024-04-15 15:55
MTN MoMo, the popular mobile money platform, today announced a significant expansion of its international remittance capabilities. The service now boasts 25 new wallet corridors across 10 Af… Read More
2024-04-14 08:21
Moderna, the American biotechnology firm known for manufacturing vaccines, has put a hold on its project to establish a vaccine production facility in Kenya valued at $200 million. This susp… Read More
2024-04-14 08:07
Guaranty Trust Holding Company (GTCO), the umbrella organization for Guaranty Trust Bank which ranks as Nigeria’s fifth-largest commercial bank in terms of assets, is preparing to peti… Read More
2024-04-14 07:53
ALX Ventures, the entrepreneurial facilitation division of ALX, has recently extended its reach to South Africa with the intent to fortify a fresh cohort of nimble start-ups by equipping the… Read More
ThriveAgric And Acorn-Rabobank Forge Partnership To Provide Carbon Credit Access To Nigerian Farmers
2024-04-13 05:40
ThriveAgric, a pioneering Agritech company based in Nigeria, has recently unveiled a momentous collaboration with Acorn-Rabobank, marking a significant stride towards environmental sustainab… Read More
2024-04-12 23:51
Uber South Africa has launched a new service called Uber Teen Accounts, which is specifically tailored to enhance safety and peace of mind for parents and guardians with children aged betwee… Read More
2024-04-12 23:38
MasterCard, the renowned global payments company, has entered into a partnership with Kenya’s Equity Bank to facilitate international remittance services to a network of 30 countries… Read More
2024-04-12 23:23
The Shoprite Group has joined forces with prominent global retail conglomerates to create a joint venture capital initiative named W23 Global. The consortium includes retail giants such as A… Read More
2024-04-12 09:42
Sam Bankman-Fried, the co-founder of the former cryptocurrency exchange giant FTX, has initiated legal procedures to contest his recent conviction and substantial prison term for his role in… Read More
2024-04-12 09:25
MultiChoice, the parent company of DStv, has issued an update to its shareholders regarding the increased investment by French media conglomerate Groupe Canal+, which has now acquired a 40.0… Read More
2024-04-12 09:02
Space Exploration Technologies Corp. (SpaceX), which operates a global broadband internet network via its satellite constellation known as Starlink, has issued a formal notice to its subscri… Read More
2024-04-12 08:47
Artificial intelligence research leader, OpenAI, has unveiled a major upgrade to their popular ChatGPT conversational AI. Powered by the groundbreaking GPT-4 Turbo language model, this lates… Read More
2024-04-11 04:25
In a significant development for sustainable agriculture in Africa, tech titans Reed Hastings, co-founder of Netflix Inc., and Eric Schmidt, former CEO of Alphabet Inc., have thrown their we… Read More
2024-04-11 03:46
In its latest Community Guidelines Enforcement Report for Q4, 2023, TikTok stated that it removed 176 million videos from its platform globally for violating its policies. For Nigeria, the B… Read More
2024-04-10 17:19
The Global Startup Awards Africa is encouraging African innovators and entrepreneurs to submit their entries for the 2024 edition of the competition, with the deadline set for 5th May 2024… Read More
2024-04-10 17:03
The inaugural program of the RevUp Women Initiative concluded with a grand business showcase, where 10 female entrepreneurs hailing from various African nations were each awarded a grant of… Read More
2024-04-10 16:49
Officials in Cameroon have voiced concerns about the potential damaging impact to the country’s national telecommunications and internet service provider, Camtel, due to Starlink&rsquo&hell…Read More
2024-04-10 12:37
Panache Ventures, the Canadian pre-seed venture fund, has formed a strategic partnership with Kora, the Africa-focused fintech firm, intending to help African tech founders secure venture ca… Read More
2024-04-10 11:37
The government of Kenya and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH are partnering up to launch a project focused on devising a National Artificial Intell… Read More
2024-04-10 11:24
Affinity Ghana, a burgeoning digital bank, has successfully secured funding from Renew Capital, an investment firm with a keen focus on African ventures.
The primary objective of Affinity… Read More
2024-04-10 09:14
Procera Group, a business process outsourcing (BPO) services firm based in South Africa, has secured R346 million (equivalent to $18.8 million) in investment from Vantage Capital, an investm… Read More
2024-04-09 15:58
Google has announced its latest addition to Google Workspace – Google Vids, a groundbreaking AI-driven video creation application designed for professional use. With Vids, anyone can e… Read More
2024-04-09 14:13
Verod-Kepple Africa Ventures (VKAV) has reached a significant milestone by closing its first fund at $60 million, paving the way to back up to 21 growth-stage companies across the continent… Read More
2024-04-09 10:36
In Africa, where startups are increasingly driving the economic narrative, the ability to innovate within a tight budget is not just advantageous; it’s essential. The challenge of main… Read More
2024-04-05 13:09
TNM Plc, Malawi’s leading mobile network and ICT services provider, is making significant strides to combat mobile money fraud through the introduction of its new ‘SIM Swap Exemp… Read More
2024-04-05 12:40
Microsoft is set to face a formal complaint from South African competition regulators over allegations of anti-competitive practices related to its Azure cloud computing services. The South… Read More
2024-04-05 12:17
YouScribe, a leading digital library platform, is expanding its reach to Ghana in collaboration with Digital Virgo and MTN Ghana. This launch brings a wealth of educational resources to the… Read More
2024-04-05 11:50
The ongoing saga between Nigeria and cryptocurrency exchange Binance took a new turn this week as a detained executive faced money laundering charges. Tigran Gambaryan, Binance’s head… Read More
2024-04-05 11:15
A recent report by Microsoft sheds light on the immense potential of Artificial Intelligence (AI) to revolutionise Africa’s economic landscape. The study projects that AI could contrib… Read More
2024-04-04 22:06
OpenAI has unveiled an exciting new feature that allows users to edit images generated by its DALL-E model directly within the ChatGPT platform. This feature, available across web, iOS, and… Read More
2024-04-04 15:13
Ghanaian healthtech startup Rivia is making waves in the digital healthcare space with its recent acquisition of Waffle, a Ghanaian software company specializing in solutions for small and m… Read More
2024-04-01 16:44
OpenAI, a research company known for its work in artificial intelligence, announced that it has made significant strides in developing a new system called Voice Engine. This system utilizes… Read More
2024-04-01 15:17
Samsung is contemplating the integration of generative artificial intelligence technology into its voice assistant Bixby, a top-ranking company executive disclosed to CNBC. This move would b… Read More
2024-04-01 14:58
Amazon is set to make the biggest external investment in its 30-year history, as it seeks to secure a leading position in the fast-growing field of artificial intelligence (AI). The Seattle… Read More
2024-04-01 14:43
Namibia will be investing approximately $5.9 million (N$110 million) over the next three years in a project to set up telecom towers around the country. This move was made public by the Mini… Read More
2024-04-01 14:42
The Southern African Music Rights Organization (SAMRO) has reported the distribution of over R33 million in digital platform royalties to its members in the fiscal year 2024. SAMRO professed… Read More
2024-04-01 14:41
The use of Microsoft’s Copilot has been officially banned on government-issued devices used by U.S. Congressional staff, Axios reported. Key reasons behind this prohibition, as outline… Read More
2024-04-01 13:57
Artificial intelligence (AI) is rapidly transforming industries, from healthcare and finance to manufacturing and retail. As companies race to leverage the power of AI, a crucial question ar… Read More
2024-03-29 13:35
The world of technology mourns the loss of Dr. Thomas Mensah, a pioneering figure in fiber optics technology, whose contributions have left an indelible mark on global communications network… Read More
2024-03-29 11:56
Nigerian mobile virtual network operator (MVNO) Zegtel is making a big bet on improving mobile connectivity in the country. The company has announced a planned investment of $21.8 million ov… Read More
2024-03-29 11:25
Nigerian fintech leader Aella Credit has shed its former name, announcing a strategic rebrand as Aella Microfinance Bank. This move signifies the company’s commitment to expanding its… Read More
2024-03-29 10:46
In its annual Ads Safety Report, Google revealed a significant increase in its efforts to combat deceptive advertising. The report highlights the company’s success in blocking maliciou… Read More
2024-03-29 10:12
The National Identity Management Commission (NIMC) has taken decisive action to address concerns surrounding a data breach, leading to the restriction of access to the National Identificatio… Read More
2024-03-29 09:44
Ride-hailing giant Uber has reached an agreement with the Lagos State Government to share trip data, following a period of tension that included impounding of drivers’ vehicles and thr… Read More
2024-03-29 09:09
Two senior executives from Binance, the world’s largest cryptocurrency exchange, have taken legal action against Nigerian authorities, alleging violations of their fundamental rights… Read More
2024-03-26 10:39
Artificial intelligence (AI) has a surprisingly long history, dating back to research efforts in the 1970s. Despite these early beginnings, AI has only recently become a ubiquitous term due… Read More
2024-03-26 10:22
Heifer International, a global non-profit organization focused on eradicating hunger and poverty through sustainable farming, has published a report detailing the positive impact of a techno… Read More
2024-03-26 10:12
The AgriTech4Egypt Innovation Challenge is inviting applications from purpose-driven scientists and entrepreneurs who are developing agri-tech solutions. These solutions aim to create a more… Read More
2024-03-26 05:11
Kenya’s Interior Minister, Kithure Kindiki, announced in parliament that the US government has been putting considerable pressure on the Kenyan government to permit the resumption of o… Read More
2024-03-26 04:42
Threads, the Instagram-linked app resembling Twitter, is introducing live sports scores to its platform. The announcement was made by Meta CEO Mark Zuckerberg, outlining that Threads has beg… Read More
2024-03-26 04:30
Nigerian fintech firm LemFi has partnered with Visa’s Cross-Border Solutions division in a strategic deal aimed at facilitating its global expansion into key markets such as China, Ind… Read More
2024-03-26 04:16
Gebeya, a prominent Pan-African talent cloud company, is partnering with respected technology and business learning provider O’Reilly. This strategic alliance aims to bolster the skill… Read More
2024-03-24 15:48
Switchcon, a company specializing in educational technology, has officially launched its tech innovation lab, named Infinolab, in Nigeria. This significant development took place at Lagos St… Read More
2024-03-24 15:34
South Africa’s third-largest mobile operator, Telkom, has announced the sale of its tower company, Swiftnet, for a total of $343 million (R6.5 billion), to Towerco Bidco Proprietary Li… Read More
2024-03-24 15:10
The Burning Heroes (BH) Founders Association is inviting applications for the second edition of the BH Africa Startup Awards, a platform created to link ventures with investment and other op… Read More
2024-03-24 14:59
The 14th edition of the Orange Social Venture Prize (OSVP) in Africa and the Middle East is now open for applications. The initiative supports social innovation and promotes entrepreneurship… Read More
2024-03-24 14:41
Amazon Web Services (AWS) South Africa is currently accepting applications from ICT-focused Small and Medium Enterprises (SMEs) for the 2024 edition of the Equity Equivalent Investment Progr… Read More
2024-03-24 14:30
The Irish Tech Challenge is calling on South African startups to participate in its 2024 edition. A joint initiative by the Embassy of Ireland in South Africa, the Department of Science… Read More
2024-03-21 17:20
In today’s tech-driven world, the role of the Chief Product Officer (CPO) has become increasingly critical. CPOs are responsible for the entire product lifecycle, from ideation and str… Read More
2024-03-20 04:49
Digital commerce startup tappi, supported by Mercy Corps Ventures, has expanded its services to Côte d’Ivoire, marking its third African country after successful operations in Ke… Read More
2024-03-20 04:26
According to a report from Bloomberg, Apple is engaged in discussions with Google regarding a potential collaboration to integrate Google’s advanced large language model (LLM) generati… Read More
2024-03-20 04:17
ZTE Corporation, a global leader in ICT solutions, introduced its Fibre To The Room for Business (FTTR-B) series at the FTTH Conference 2024. This groundbreaking release encompasses innovati… Read More
2024-03-20 04:01
Vodacom Group Ltd., a prominent mobile communications firm majority-owned by Vodafone, has revealed plans to optimise its operations in South Africa through a strategic reduction in its work… Read More
2024-03-19 21:07
Harare, Zimbabwe – 19 March 2024 – Anime enthusiasts and Japanese pop culture fans are in for a treat as OTAKUKON announces its fourth Anime, Merch & Nakama (AMN4)… Read More
2024-03-19 20:08
Nvidia, a leader in AI chip technology, has introduced its latest breakthrough: the Blackwell B200 GPU and GB200 “superchip.” These innovations are poised to extend Nvidia’… Read More
2024-03-19 19:38
In a bid to revolutionize Egypt’s pharmaceutical sector and enhance patient access to medication, Cairo-based digital marketplace Pharmacy Marts has secured a significant boost from ea… Read More
2024-03-01 19:43
In a recent legal development, Elon Musk, co-founder, and early supporter of OpenAI, has filed a lawsuit against the artificial intelligence research organization, its co-founders Sam Altman… Read More
2024-03-01 18:28
In a significant move, the Central Bank of Nigeria (CBN) has revoked the operational licenses of more than 4,000 Bureau De Change (BDC) operators, citing non-compliance with regulatory guide… Read More
2024-03-01 11:12
In a major development, the Nigerian government has levied a hefty $10 billion fine on Binance, the prominent cryptocurrency trading platform. The fine is based on allegations that Binance p… Read More
2024-03-01 10:44
Dr. Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, revealed that the Nigerian government is exploring the option of providing unemployment benefits to individ… Read More
2024-03-01 10:25
Telecommunications giant MTN Nigeria has reported the disconnection of 4.2 million lines from its network as of the February 28 deadline for linking National Identification Numbers (NIN) wit… Read More
2024-02-29 19:06
With the constant pressures of market demands, seasonal changes, and the necessity for rapid decision-making, agricultural businesses find themselves in urgent need of streamlining their adm… Read More
2024-02-29 14:43
Spaces, the live audio feature from X, has introduced a new capability, allowing hosts to activate video during chat sessions. The announcement was made by the platform, formerly known as Tw… Read More
2024-02-28 13:20
In the age of instant notifications and social media feeds overflowing with content, one might wonder if the humble newsletter still has a place. While the landscape of communication has und… Read More
2024-02-28 13:19
Cupertino-based tech giant, Apple Inc., is discontinuing its decade-long effort to build an autonomous electric car, known as the Special Projects Group, according to Bloomberg via Reuters… Read More
2024-02-28 13:17
The Takeover Regulation Panel of South Africa has ordered Canal+, a French media firm, to make an offer to purchase the remaining shares of MultiChoice that it doesn’t already possess… Read More
2024-02-28 13:06
Estonian-based ride-hailing firm Bolt is introducing its services in Gaborone, the capital of Botswana, pitting it against the only other car-booking service in the city, inDrive. As part of… Read More
2024-02-28 12:58
Apple has announced the discontinuation of its long-standing initiative to create an autonomous electric car, referred to internally as Project Titan. The news was shared in a brief meeting… Read More
2024-02-28 11:26
Schneider Electric Kenya, a global leader in energy management and automation, has officially named Ifeanyi Odoh as its new Country President, effective February 2024. The announcement comes… Read More
2024-02-28 11:07
The Federal Government, through the Tertiary Education Trust Fund (TETFund), has unveiled plans to establish more than 24 skills and innovation centers across Nigeria. The announcement came… Read More
2024-02-15 22:00
Performance management startup SocialCrowd has secured $1.6 million in a pre-seed funding round led by Bread and Butter Ventures, according to an exclusive report from TechCrunch. Other part… Read More
2024-02-15 19:21
South African fintech firm, iKhokha, has provided over $105 million in working capital to its SME clients in partnership with Retail Capital, a division of TymeBank.
iKhokha allows entre… Read More
2024-02-15 18:57
Newly launched pan-African B2B marketplace, Zandaux.com, has commenced operations in South Africa as it aims to become the “Alibaba of Africa”. The e-commerce platform connects b… Read More
2024-02-15 17:19
YouTube is rolling out the ability for users to incorporate or “remix” music videos directly into their short-form videos, also known as Shorts, as it continues to compete with T… Read More
2024-02-15 16:37
The National Identification and Registration Authority (NIRA) of Uganda plans to incorporate iris biometrics as an extra security feature for the country’s national ID cards. This init… Read More
2024-02-15 15:48
Jumia, a leading African e-commerce firm, managed to curtail its operating losses to $4.5 million by Q4 in 2023, owing to several significant strategic adjustments. Despite these changes, th… Read More
2024-02-15 15:33
Prominent African e-commerce platform Jumia conducted a round of layoffs within its workforce in Kenya and other African markets in January 2024. This decision came a month after Jumia opted… Read More
2024-02-02 17:43
Vodacom Group, in collaboration with Safaricom, has achieved a significant milestone by surpassing 200 million subscribers, marking a doubling of its customer base since 2018. This achieveme… Read More
2024-02-02 11:32
The Central Bank of Nigeria (CBN) has shaken up the international money transfer landscape with a new set of guidelines, effectively barring banks and fintech companies from directly offerin… Read More
2024-02-01 20:11
Google announced that it is bringing Bard’s latest capabilities — including Gemini Pro in Bard — to more languages and places including Nigeria. The technology giant is als… Read More
2024-02-01 20:08
Zoom, the leading video conferencing platform, is laying off approximately 150 employees, marking less than 2% of their total workforce, according to a company spokesperson. The move is part… Read More
2024-02-01 18:40
The Dutch Data Protection Authority (DPA) has levied a hefty €10 million fine against ride-hailing giant Uber for breaching data protection laws concerning the privacy of its drivers in… Read More
2024-02-01 18:03
Google has announced that YouTube has amassed over 100 million paid users for YouTube Music and YouTube Premium, marking a significant increase from the 80 million reported in November 2022… Read More
2024-02-01 14:28
Kippa, a fintech startup backed by Target Global, saw the departure of its co-founder and President, Duke Ekezie, following the shutdown of Kippa Pay, the agency banking product he supervise… Read More
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