2024-02-01 14:26
Oracle, a global technology leader, has unveiled plans to establish a public cloud region in Nairobi, Kenya, marking a significant stride in its continent-wide cloud infrastructure expansion… Read More
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Current News on Innovation, Technologies, Businesses, Products, People in Africa
2024-02-01 14:08
The Central Bank of Nigeria (CBN) has issued a directive to remove the initial cap on exchange rates set by International Money Transfer Operators (IMTOs). The move comes in response to alle… Read More
2024-02-01 13:45
Telecommunications firm Airtel Africa, operating in 14 African countries, reported a staggering 99% drop in profits last year due to currency devaluation in several of its key markets, inclu… Read More
2024-02-01 13:41
In a momentous event on Monday, January 29, 2024, Lagos Free Zone proudly welcomed the CMA CGM SCANDOLA, an LNG-powered behemoth boasting 14,812 TEUs and an impressive length Overall (LoA) o… Read More
2024-02-01 13:23
Zone, the first African company with a licensed blockchain payment infrastructure, intends to launch a remittance product in 2025, according to CEO Obi Emetarom. The product is currently und… Read More
2024-02-01 13:12
MultiChoice, a pan-African broadcaster, announced it will invest an additional $89 million into the streaming platform Showmax by March 31, 2024.
The company stated that the investment f… Read More
2024-01-31 18:02
ALX, a renowned provider of technology skills training, aims to educate 750,000 African youths this year, with a goal of 10% of this figure based in South Africa.
Since 2021, the training… Read More
2024-01-31 17:24
Today, Google has announced that its new cloud region in South Africa is now operational. This development comes a year after the tech behemoth chose Johannesburg as its inaugural site on th… Read More
2024-01-31 16:07
Kippa could be embarking on a significant transformation by shifting its focus from financial technology (FinTech) to educational technology (EdTech). The company is reportedly in the proces… Read More
2024-01-31 15:40
The GSMA (GSM Association) has entered into a strategic collaboration with IBM, aiming to accelerate the integration of artificial intelligence (AI) and enhance AI-related skills within the… Read More
2024-01-31 15:22
Africarare, hailed as Africa’s inaugural metaverse, is on the verge of introducing its virtual currency, the $Ubuntu Token, poised to become the primary medium of exchange within the m… Read More
2024-01-31 15:05
Melon Mobile, a Mobile Virtual Network Operator (MVNO) operating on MTN South Africa’s network infrastructure, is embracing artificial intelligence (AI) for strategic growth. The MVNO… Read More
2024-01-31 11:53
AfriLabs, an organization that supports innovation hubs, has unveiled the AfriLabs Connect Deal Room (ACDR) to tackle the critical challenges of identifying investible startups in Africa and… Read More
2024-01-29 20:46
The Nigeria Data Protection Commission (NDPC) announced that it is currently investigating 17 key data breach cases across various sectors, including finance, technology, education, governme… Read More
2024-01-29 20:11
Bolt has unveiled Bolt Send, a same-day parcel delivery service in the northern part of Johannesburg. This service allows customers to conveniently send small parcels and gifts via the Bolt… Read More
2024-01-29 19:25
Miden, a Nigerian startup that enables businesses to issue virtual cards to their customers via its API, has been chosen for Y Combinator’s winter 2024 batch. Following Cleva, a cross… Read More
2024-01-29 19:06
Amazon has withdrawn its proposal to acquire iRobot, a robotic vacuum manufacturer, due to regulatory challenges in Europe. Amazon and iRobot have mutually agreed to terminate their previous… Read More
2024-01-29 19:04
According to a fraud report by Smile ID, Nigeria’s national ID card ranks ninth in the list of documents most frequently used for verification fraud in Africa. The report is the result… Read More
2024-01-29 18:26
Telkom claims it is making progress in the battle against cable theft, resulting in hundreds of convictions over the past six years. The company’s Security and Investigation Team colla… Read More
2024-01-29 16:50
Tosin Osinbodu, the founder of Nigerian startup, Chaka, has exited the company five months following its acquisition by Rise. Chaka allows retail investors to purchase shares from the NYSE a… Read More
2024-01-29 12:01
Genzaar, a pioneering platform that leverages games and animated content to impart financial education, has recently gained recognition by being selected for the prestigious UK accelerator p… Read More
2024-01-29 11:38
For the year 2023, Nigerian fintech firm, Moniepoint, processed over 5 billion transactions. In the same year, there was a significant increase in the number of businesses utilizing the comp… Read More
2024-01-29 11:27
Customers of PalmPay, who have previously confirmed their bank verification number (BVN) or national identity number (NIN) but fail to reverify it by January 31, 2024, will be blocked by the… Read More
2024-01-29 11:13
Frederik Zietsman has been named the new group chief executive officer of online retailer Takealot. Additionally, the company announced that their former CEO, Mamongae Mahlare, who was appoi… Read More
2024-01-28 21:32
Dr ‘Bosun Tijani, the Honourable Minister of Communications, Information, and Digital Economy, has unveiled the list of selected recipients for the Fourth Industrial Revolution Technol… Read More
2024-01-28 17:31
Access Holdings Plc has unveiled a pivotal development in its strategic growth trajectory with the announcement of a proposed acquisition that is poised to reshape the landscape of pension f… Read More
2024-01-26 16:46
Samsung has chosen to integrate Baidu’s Ernie AI technology into its Galaxy S24 series for the Chinese market, replacing Google’s Gemini models. At the official launch event in C… Read More
2024-01-26 16:36
Xiaomi has taken the smartphone market by storm once again with the grand introduction of its latest masterpiece – the Redmi Note 13 Series. The launch event, held in the vibrant city… Read More
2024-01-26 16:19
Automotive giants General Motors (GM) and Honda have commenced mass production of hydrogen fuel cell systems at their collaborative facility in Michigan. This significant development marks t… Read More
2024-01-26 11:07
China’s electric vehicle manufacturer, Build Your Dreams (BYD), has declared its next step of expansion into Rwanda, continuing its growth in East Africa after successfully entering Ke… Read More
2024-01-26 07:56
E Squared Investments recently announced its investment in Zaio Technologies, an EdTech platform with the potential to transform learning in the digital era.
Zaio Technologies, founded by… Read More
2024-01-25 22:31
The Honourable Minister of Communications Innovation and Digital Economy, Dr. ‘Bosun Tijani has announced the launch of a new initiative, #DevsInGovernment, in a bid to build a digital… Read More
2024-01-25 18:39
Enterprise software titan SAP is restructuring 8,000 jobs, which is over 7% of its 108,000 employees, as part of its €2 billion ($2.2 billion) reshaping focus towards artificial intelli… Read More
2024-01-25 18:27
Microsoft’s Gaming division is set to lay off around 1,900 employees, which constitutes about 9% of the unit’s staff, according to an internal memo.
Phil Spencer, Microsoft Ga… Read More
2024-01-25 16:03
Netflix announced in its Q4 2023 report that it has added 13.12 million new subscribers, reaching a total of 260 million subscribers globally. A significant contribution of 5.05 million subs… Read More
2024-01-25 15:37
Cairo-based beauty and wellness startup Mira has secured a $200,000 investment from Wingoo Investment and Technology. The funding will be used to expand its customer base and extend its reac… Read More
2024-01-24 20:43
A baby girl named Daniella in Cameroon received the first routine malaria vaccine in a historic event on January 22nd, 2024. This major development signifies an important stride in saving nu… Read More
2024-01-24 20:30
The Tony Elumelu Foundation (TEF) is inviting ambitious African entrepreneurs to apply for their Entrepreneurship Programme (TEF2024). Successful applicants will have the chance to receive n… Read More
2024-01-24 20:18
Chinese phone manufacturer MiOne has released two new smartphones, the U1 and Joy 9, assembled in Uganda’s Mbale City. The phones were unveiled by Uganda’s Minister of ICT and Na… Read More
2024-01-24 18:58
OPay, a prominent fintech company, has announced that as of March 1, 2024, all accounts not linked with the National Identification Number (NIN) will be subject to blocking.
Ikponmwosa O… Read More
2024-01-24 14:54
With the release of Chrome M121, Google is introducing new AI-driven features to enhance browser usability. These include a tab organizer, a writing tool, and personalized artwork and themes… Read More
2024-01-24 14:29
Crealo, a Moroccan startup specializing in copyright management, has successfully secured 14.1 million dirhams ($1.42 million) in seed funding. The funding round was led by 212 Founders Prog… Read More
2024-01-24 13:54
The African startup landscape is developing beyond the conventional markets of Egypt, Kenya, Nigeria, and South Africa, with activity now accelerating in other areas throughout the continent… Read More
2024-01-23 19:28
UK asset manager Abrdn is set to make hundreds of job cuts as part of a cost-cutting plan aimed at saving around £150mn. The job cuts, which will account for about 10% of Abrdn’s… Read More
2024-01-23 17:17
The retail industry, notorious for generating substantial waste, faces growing pressure to adopt sustainable practices due to increased consumer awareness and regulatory scrutiny. This waste… Read More
2024-01-23 16:28
On Monday, Riot Games, a division of Tencent, announced cuts of 11% of its workforce, about 530 jobs, and a reduction in its division that supports small developers’ game publication… Read More
2024-01-23 16:23
The use of Starlink in South Africa has experienced a notable despite surge despite warnings from the Independent Communications Authority of South Africa (Icasa). Notably, over 14,000 Starl… Read More
2024-01-23 16:09
WWE enthusiasts can expect to spend their Monday nights on Netflix soon, following a colossal agreement between the wrestling organization and the streaming service to air “RAW”… Read More
2024-01-23 14:19
Twiga Foods, a Kenyan eCommerce platform, has reached an agreement with Google Cloud reseller Incentro Africa to resolve their lingering dispute over Google Cloud Services debt. The financia… Read More
2024-01-23 13:13
Bloocloud Tek Consult Nigeria has unveiled a significant strategic partnership with Zoho Corporation, a prominent global provider of cloud-based business software and web-based tools. This c… Read More
2024-01-23 11:10
The National Identity Management Commission (NIMC) is set to launch a user-friendly self-service application that will enable Nigerians in the diaspora to effortlessly enroll for their Natio… Read More
2024-01-23 11:08
Telegram is releasing a raft of updates as part of its January feature rollout, including “view-once” audio and video messages, the capability to pause recording during the sendi… Read More
2024-01-23 10:51
MrBeast earned over $263,000 in ad revenue from his latest video posted on X, but the YouTube star considers this figure to be somewhat misleading.
MrBeast: The most-subscribed YouTuber… Read More
2024-01-23 10:12
Core Chain has initiated a $5 million Africa Innovation Fund aimed at supporting Web3 builders. As a layer-1 blockchain committed to bringing decentralized apps to the Bitcoin ecosystem, Cor… Read More
2024-01-23 09:40
Bank Zero, a digital bank based in South Africa, has announced that it is in the process of developing three new features: Pay Many, Immediate Payments, and Phone Tap Payments. As disclosed… Read More
2024-01-23 09:21
The flagship solar-powered electric vehicle charging station by South Africa’s Zero Carbon Charge, initiated in Wolmaransstad, is set to be completed by June 2024. This update comes fo… Read More
2024-01-22 18:57
The Communication Authority of Kenya (CA) has issued a warning to Telkom Kenya and Airtel Kenya, citing poor service quality. According to the CA’s 2022-2023 Quality-of-Service Perform… Read More
2024-01-22 16:43
The Anambra state government has officially declared a strategic partnership with 26 distinguished high-tech companies in the United States. Angela Nwanodu, the Public Relations Officer of t… Read More
2024-01-22 16:15
Motorcycle-taxi-hailing platform SafeBoda has announced its return to the Kenyan market, marking the resumption of operations after a three-year absence. The company is slated to recommence… Read More
2024-01-22 15:42
In a strategic move to adapt to market dynamics, Zilla, the Buy-Now-Pay-Later (BNPL) company founded in 2019, has decided to temporarily halt its BNPL services. The company is now redirectin… Read More
2024-01-22 13:57
The Nigerian Government through its Federal Ministry of Communications, Innovation & Digital Economy, today commenced a “Build-A-Thon” programme across three states in the co… Read More
2024-01-22 12:16
In a significant move towards environmental sustainability, the Lagos State Government has taken a decisive step by banning the use and distribution of single-use plastics, including Styrofo… Read More
2024-01-22 12:02
In the rapidly evolving landscape of work dynamics, remote employment has become a cornerstone for professionals seeking an ideal work arrangement. FlexJobs, in its 11th annual release, has… Read More
2024-01-20 19:39
Africa’s largest bank by assets, Standard Bank Group, with operations across 20 African countries, has joined forces with UnionPay International, a subsidiary of China’s UnionPay… Read More
2024-01-20 19:15
MTN and Ericsson have solidified their partnership, extending it for another decade with a focus on enhancing mobile financial services in Africa. This comes five years after the launch of M… Read More
2024-01-20 17:59
Egypt’s state-owned telecommunications company, Telecom Egypt, has become the country’s first mobile operator to secure a 5G license. The National Telecommunications Regulatory A… Read More
2024-01-20 14:59
After reaching a settlement in a $5 billion lawsuit, Google is making amends by updating the warning displayed when users utilize Incognito mode in Chrome. As first noticed by MSPowerUs… Read More
2024-01-20 14:34
Tech giant Naspers is actively searching for investment opportunities in startups across Africa, aiming to use its vast reach to transform these small businesses into significant entities wi… Read More
2024-01-20 14:18
On Friday, Microsoft revealed that the emails of several top executives and other employees were infiltrated by a hacking group affiliated with a Russian intelligence agency. The tech giant… Read More
2024-01-20 07:05
Abbreviated third round layoffs took place at Cellulant, one of Africa’s most established fintech startups, in December 2023, culminating in the abrupt resignation of CEO Akshay Grover… Read More
2024-01-20 06:51
Microsoft’s venture capital arm, M12, has $275 million to invest this fiscal year in its quest to discover the next big thing. While M12 does not account for Microsoft’s signific… Read More
2024-01-19 21:07
Google has unveiled two new AI tools aimed at enhancing online search functionality. Android users will soon be able to highlight pictures, videos, or text on their screens using ‘Circ… Read More
2024-01-19 20:48
Apple has offered to provide competitors with access to its contactless payment technology in an attempt to satisfy antitrust regulators in Europe. The company’s mobile wallet feature… Read More
2024-01-19 20:33
Microsoft is launching Reading Coach, a standalone app designed to enhance its educational tools in Microsoft Teams. This app, part of Microsoft’s Reading Progress suite, uses artifici… Read More
2024-01-19 15:30
The Ministry of Social Solidarity on Thursday, organised an employment fair which targeted irregular workers residing in alternative-housing neighbourhoods who had undergone vocational train… Read More
2024-01-19 15:23
Dan Marokane, the new CEO of Eskom, is set to take up his duties 30 days earlier than previously announced, starting on 1 March 2024. Eskom Board Chairman, Mteto Nyati, officially welcomed M… Read More
2024-01-18 20:26
Amazon Prime Video is undergoing a restructuring of its international business, with a particular emphasis on prioritizing European Originals. This strategic shift involves a reduction in co… Read More
2024-01-18 19:08
The social media platform Reddit has devised comprehensive plans to proceed with its initial public offering (IPO) in March, marking a significant move after contemplating a listing for more… Read More
2024-01-18 16:53
The state of Iowa has taken legal action against TikTok, asserting that the popular social media app has deceived parents regarding the accessibility of mature content. The lawsuit, filed on… Read More
2024-01-18 15:54
Samsung Electronics has officially launched the highly anticipated Galaxy S24 series during a vibrant event held at the prestigious Eko Hotels’ Grand Ball Room. This unveiling follows… Read More
2024-01-18 14:25
After receiving a capital commitment of $30 million from EIB Global, an affiliate of the European Investment Bank, Seedstars Africa is poised to receive an additional investment of $10.5 mil… Read More
2024-01-18 12:07
Globacom, a major telecommunications player in Nigeria, has been granted an additional 21 days to settle interconnect fees owed to MTN, averting the imminent disconnection that was scheduled… Read More
2024-01-18 11:01
Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) has partnered with Visa, enabling GhIPSS to process domestic transactions in Ghanaian Cedi using Visa cards issued in Ghana. T… Read More
2024-01-15 16:57
Showmax, the streaming video-on-demand service under the MultiChoice umbrella, is set to redefine its offerings with the launch of Showmax 2.0 in February. The company aims to drive subscrip… Read More
2024-01-15 12:55
Safaricom, M-PESA Africa and Sumitomo Corporation – a leading Fortune 500 global trading and business investment company – have announced calls for tech startups looking to… Read More
2024-01-15 12:37
In a bid to enhance crucial infrastructure development across Africa, the International Finance Corporation (IFC) has announced a $30 million equity investment in the Africa Infrastructure I… Read More
2024-01-15 12:28
FriendyM, an Egypt-based autotech company, has secured a $2 million investment to extend its car management and maintenance services across the Middle East and North Africa (MENA).
Founde… Read More
2024-01-15 09:11
Zebra CropBank, an agritech start-up based in Nigeria, has obtained significant funding to further its objective of improving the lives of small-scale farmers throughout Africa.
The Catal… Read More
2024-01-15 08:51
Envision investing your time, energy, and passion in farming, only to watch your crops succumb to the intense heat of the sun or get swept away in a violent flood. This has been the harsh re… Read More
Mastercard And Illicocash Collaborate To Open The E-commerce Door In DRC Using A Virtual Card Scheme
2024-01-15 08:37
A groundbreaking collaboration between Mastercard and Illicocash, the fintech subsidiary of Rawbank, is offering access to e-commerce to millions in the Democratic Republic of Congo (DRC)… Read More
2024-01-14 17:39
The e-mobility startup, Mbay Mobility, is set on a bold venture to electrify taxi fleets in Dakar, Abidjan, and Accra in an effort to ease air pollution and overhaul urban transportation in… Read More
2024-01-14 16:03
Dawa Mkononi, a B2B pharmaceutical firm based in Tanzania, has received funding to further its goal of increasing healthcare access throughout East Africa.
The company’s financial… Read More
2024-01-13 16:47
Germany-based software firm, SAP, has agreed to pay a penalty of nearly $100 million to settle bribery accusations made by the US Securities and Exchange Commission (SEC).
SAP eventually… Read More
2024-01-13 16:08
Former Vice President Al Gore will step down from the Apple board in February after serving for over two decades, the company recently announced. Gore and former Boeing CFO James Bell, both… Read More
2024-01-13 15:46
At the 2024 Consumer Electronics Show, Kia joined the growing list of automakers unveiling electric van concepts, reflective of the industry’s push towards sustainability and the risin… Read More
2024-01-13 11:05
Sun King, earlier known as Greenlight Planet Inc, the largest provider of solar energy products for off-grid homes in Africa and Asia, has secured a loan worth $7 million from Lendable, a to… Read More
2024-01-13 10:41
Google unveiled a range of new tools designed to enhance retailers’ online shopping experiences and other operations. The tools leverage generative artificial intelligence technologies… Read More
2024-01-11 21:16
The Ghanaian Government has implemented stringent measures, barring Cybersecurity Service Providers (CSPs), Cybersecurity Establishments (CEs), and Cybersecurity Professionals (CPs) without… Read More
2024-01-11 20:52
Bolt, the ride-hailing giant, has rolled out a new feature in its app designed to discourage users from engaging in offline trips and making payments outside the app. This move, effective as… Read More
2024-01-11 20:09
Yellow Card, a prominent player in the fintech space, has joined forces with Coinbase, the leading U.S. cryptocurrency exchange. The partnership aims to simplify and expand access to USDC (U… Read More
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