2024-01-11 17:13
AROPSAID Technology Limited has entered into a strategic partnership with Space Universe, a leading technology company and venture lab.
The collaboration aims to harness the vast technica… Read More
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Current News on Innovation, Technologies, Businesses, Products, People in Africa
2024-01-11 16:50
Hertz is making waves in the automotive world by offloading 20,000 electric vehicles, primarily comprised of Teslas, and funneling the proceeds into the purchase of gasoline-powered cars. Ci… Read More
2024-01-11 16:26
Microsoft has overtaken Apple to become the largest company globally by market value, influenced by the surge in artificial intelligence. Microsoft’s share price increased by approxima… Read More
2024-01-11 14:04
The religious TV network, Emmanuel TV, founded by the late SCOAN (Synagogue Church of All Nations) leader T.B. Joshua, is set to be discontinued from broadcast by Multichoice. This decision… Read More
2024-01-11 09:30
Badili, a Kenyan-based start-up specializing in the refurbishment and resale of mobile phones has procured an undisclosed amount of seed funding from E3 Capital. The funds will be used to ex… Read More
2024-01-11 08:33
The Central Bank of Nigeria (CBN) has dissolved the boards of three banks – Union Bank, Keystone Bank and Polaris bank with immediate effect.
According to the apex regulatory bank v… Read More
2024-01-10 18:54
In a press release titled “Transforming the Global Town Square,” X, formerly known as Twitter, outlines its ambitious plans for 2024, emphasizing a transformational year ahead. B… Read More
2024-01-10 16:57
Hewlett Packard Enterprise (HPE) has announced plans to acquire networking equipment provider Juniper Networks in an all-cash deal worth approximately $14 billion, or $40 per share. HPE anti… Read More
2024-01-10 16:22
Amazon is reducing its workforce in the Prime Video and MGM Studios division by hundreds of jobs, according to an email sent out by division leader Mike Hopkins. He announced on Wednesday mo… Read More
2024-01-10 15:37
Cynoia, a Tunisian startup focused on team collaboration, has secured EUR850,000 ($930,000USD) in funding to expand its operations into the West African Economic and Monetary Union (UEMOA)… Read More
2024-01-10 15:12
Educational technology app Duolingo has laid off about 10% of its contract workers as part of a shift towards greater use of artificial intelligence (AI). While not all the layoffs stemmed f… Read More
2024-01-08 21:46
MTN Nigeria has been granted approval by the Nigerian Communications Commission (NCC) to partially disconnect Globacom due to non-settlement of interconnect charges. The approval was contain… Read More
2024-01-08 18:23
In a bid to revolutionise the international passport application process, the Nigerian government launched a new online portal for automated passport application in Abuja today. The new appl… Read More
2024-01-08 13:48
With all the buzz surrounding GTA 6, it’s quite intriguing to ponder why no other game company in the last decade has been able to replicate its monumental success. One possible reason… Read More
2024-01-08 13:32
Nigerian Fintech Cleva announced that it has raised $1.5 million in a pre-seed funding round led by 1984 Ventures, a San Francisco-based early-stage venture capital firm. Other participants… Read More
2024-01-07 19:23
Twiga Foods’ founder and longstanding CEO, Peter Njonjo, has resigned from the company’s board a month after his dramatic departure as chief executive, concluding a decade-long t… Read More
2024-01-05 20:25
In a strategic move, ride-hailing trailblazer inDrive is delving into the realm of financial services, aiming to provide a safety net for drivers navigating the challenges of developing mark… Read More
2024-01-04 15:25
In 2023, the top ten funding deals by Nigerian tech startups amounted to $253.15 million. Despite the decline in funding compared with the previous year, these 10 startups were able to raise… Read More
2024-01-01 16:56
China’s leading electric vehicle manufacturer, BYD, reported a record-breaking quarterly profit on Monday, selling 526,409 fully electric vehicles in the fourth quarter, reaffirming it… Read More
2024-01-01 14:13
Nearly a year after billionaire Jack Ma pledged to relinquish his hold on Ant Group Co., the company has successfully completed the procedure to eliminate its controlling shareholders.
T… Read More
2023-12-31 21:12
You never know, luck might be on your side as we head into 2024. Amazon is currently on the lookout for 50 full-time employees and one seasonal recruit in South Africa, coinciding with its p… Read More
2023-12-31 18:48
OpenAI, the company behind the ultra-popular chatbot, ChatGPT, has outlined strategies to avert any potential worst-case outcomes that could result from the potent artificial intelligence te… Read More
2023-12-31 12:49
Social media platform Parler, which caters to right-wing voices and was taken offline following the Jan. 6 insurrection, is planning to relaunch before the upcoming presidential elections… Read More
2023-12-31 11:45
Once fighting for its survival, Huawei, the Chinese technology giant that has been at the center of increasing tension between Washington and Beijing, has reported they are “back on tr… Read More
2023-12-30 14:57
Microsoft launched a standalone Android app for Microsoft Copilot some few days ago, and it has now been followed shortly by the release of iOS and iPad versions on Apple’s App Store… Read More
2023-12-21 22:07
In an Alimosho branch of First Bank, Nigeria’s oldest bank, customers face frustration and long queues at Automated Teller Machines (ATMs) as they attempt to withdraw cash in preparati… Read More
2023-12-21 21:18
The Federal Competition and Consumer Protection Commission (FCCPC) has successfully curtailed harassment and defamatory messages by digital money lenders, resulting in an 80% reduction, acco… Read More
2023-12-21 20:36
After two years of operation, Nigerian delivery startup DropX has ceased operations, joining the ranks of startups facing closure in 2023 amid challenging economic conditions.
Founded in… Read More
2023-12-21 19:19
South African aerospace startup, Cloudline, has successfully raised $6 million in funding to propel its vision of leading the global frontier in carbon emissions-free autonomous flight. The… Read More
2023-12-21 18:45
In a groundbreaking moment for medical science, the U.S. Food and Drug Administration (FDA) has approved two cutting-edge treatments, Casgevy and Lyfgenia, marking the first-ever cell-based… Read More
2023-12-21 05:02
The Federal Government, represented by the Coordinating Health Minister, Prof. Muhammad Ali Pate, has introduced Nigeria’s inaugural locally manufactured glucose meter facility –… Read More
2023-12-20 21:27
Egypt-based edtech startup, iSchool, has successfully raised $4.5 million in a funding round led by VentureWave Capital, an Irish VC. Other contributors include OneStop Capital UK, Webit Inv… Read More
2023-12-20 18:13
The Presidential Council on Industrial Revitalisation has initiated the formation of a Technical Working Group, comprising representatives from key entities such as the Central Bank of Niger… Read More
2023-12-20 17:48
In October 2023, Dr. Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, introduced the “Nigeria Artificial Intelligence Research Scheme,” an… Read More
2023-12-20 16:08
The Federal Ministry of Communication, Innovation and Digital Economy in partnership with Raspberry Pi, has announced the launch of “Build-a-thon” , an initiative to introduce se… Read More
2023-12-20 15:24
InfraCredit, a top-rated infrastructure credit guarantee institution, has secured a significant equity investment from AIICO Insurance Plc, representing a 5% stake in InfraCredit’s tot… Read More
2023-12-20 14:58
These five startups – Letaji, Chestify AI, OneHealth, Sayna and Koa Academy – have qualified to compete for $50K Equity Prize in 2023 MEST Africa Challenge. They beat 40 competin… Read More
2023-12-19 21:49
INTERPOL has successfully concluded a six-month transcontinental operation, HAECHI IV, targeting online financial crimes across 34 countries. This extensive operation resulted in nearly 3,50… Read More
2023-12-18 20:55
SpaceX’s Starlink satellite internet service, operational since 2018, recently expanded its reach to Eswatini, a small southern African country. Starlink’s expansion into Eswatin… Read More
2023-12-18 20:04
Apple has announced that it will temporarily halt the sale of two of its latest Apple Watches models in the U.S. The decision is based on a dispute regarding the intellectual property rights… Read More
2023-12-18 19:38
TikTok users can now effortlessly scroll through the ‘For You’ page on larger screens and foldable devices, thanks to a new update. The feature will be available worldwide and co… Read More
2023-12-18 18:59
Trevor Milton, the former CEO and disgraced founder of the electric truck startup, Nikola, was handed a four-year prison sentence for securities fraud on Monday.
Judge Edgardo Ramo of th… Read More
2023-12-18 18:25
TikTok, the video-sharing platform, has become the first non-gaming app to generate $10 billion in worldwide consumer spending, according to a fresh report. The report further anticipates th… Read More
2023-12-18 17:47
Dozy Mmuobosi, also known as Mmobuosi Odogwu Banye, has been charged by the United States Securities and Exchange Commission (SEC) for allegedly defrauding investors. He reportedly inflated… Read More
2023-12-18 17:35
In its recent Community Guidelines Enforcement Report, Bytedance’s short video platform, TikTok, disclosed the removal of 1.4 million videos originating from Nigerian users during the… Read More
2023-12-08 10:51
Pepkor, the continent’s largest clothing retailer, is reportedly contemplating a takeover bid for South African competitor, Edgars, say insiders privy to the discussions. Pepkor, which… Read More
2023-12-08 10:34
Dan Marokane is reportedly set to take on the role of CEO at Eskom, South Africa’s state power utility, filling a vacancy that has lasted almost a year, say those familiar with the sit… Read More
2023-12-08 10:09
The Oversight Board of Meta has declared it will expedite two cases related to content takedowns on Facebook and Instagram, associated with the current Israel-Hamas conflict. These cases mar… Read More
2023-12-08 09:50
Tyme Group − comprising TymeBank and GoTyme − is set to close a new round of funding. This emerged when the Motsepe-controlled African Rainbow Capital (ARC) today published an in… Read More
2023-12-08 09:45
Microsoft President Brad Smith met with China’s Minister of Commerce, Wang Wentao, on Wednesday. The discussion explored issues from artificial intelligence to the trade relationship b… Read More
2023-12-08 07:01
Nigerian on-demand food delivery giant, Chowdeck, renowned for achieving an impressive monthly gross merchandise value (GMV) of ₦1 billion ($1.2 million) in November, has unveiled a si… Read More
2023-12-07 21:29
Flutterwave, one of Africa’s leading payments technology company, announced that it has secured money transfer licenses for 13 U.S. states, enhancing its ability to facilitate faster… Read More
2023-12-07 21:00
Development Finance Institutions, British International Investment (BII), FMO, and Proparco, along with renewable fund manager Frontier Energy, have announced a co-investment exceeding $52 m… Read More
2023-12-07 20:19
Bitmama Inc., a prominent cross-border payment solutions company, and Payday, a pioneer in digital payment solutions, have jointly announced the acquisition of Payday by Changera, a product… Read More
2023-12-07 19:13
tappi, a digital commerce Software as a Service (SaaS) solution tailored for small and medium-sized businesses (SMEs), has successfully raised $1.5 million in a pre-seed funding round. The i… Read More
2023-12-07 14:58
HAVAÍC, a venture capital firm based in Cape Town, is investing $1 million (R18.8 million) in Sportable’s Series A funding round, which aims to raise $15 million (R283 million)… Read More
2023-12-07 14:46
Moove, a prominent mobility fintech company, has welcomed Miguel Rodrigues as its first Chief Financial Officer (CFO). Rodrigues brings a wealth of administrative experience from esteemed co… Read More
2023-12-07 10:55
Elon Musk is propelling his aspirations to transform the company known as X (formerly Twitter) into an “everything app” encompassing its proprietary payment system. Recently, the… Read More
2023-12-06 10:15
In June, Apple surpassed the $3 trillion valuation for the first time, and then briefly touched that mark again during intraday trading in December 2022. The company’s stock reached al… Read More
2023-12-06 09:55
Airtel Africa, a leading telecommunications provider on the continent, has announced the launch of Nxtra by Airtel, a groundbreaking data centre business aimed at addressing the escalating d… Read More
2023-12-06 09:46
On Tuesday, Bitcoin continues its positive surge, breaking the $44,000 ceiling for the first time since April 2022, indicating its further upward momentum.
The cost of Bitcoin most recent… Read More
2023-12-06 09:28
Amid rapidly evolving AI developments and growing safety concerns, IBM and Meta have launched an industry-centric solution known as the AI Alliance.
The Alliance aims to cultivate an ope… Read More
2023-12-05 20:01
Kenyan e-commerce startup Sky.Garden is making a grand comeback, unveiling its revamped platform following its acquisition by tech credit platform Lipa Later in December 2022. Lipa Later has… Read More
2023-12-05 19:35
Jumia, a leading e-commerce platform in Africa, has revealed a significant leadership change with the appointment of Sunil Natraj as the new Chief Executive Officer (CEO) for Nigeria. The co… Read More
2023-12-05 18:51
BasiGo Ltd., one of Africa’s foremost Electric Bus solution providers has secured $5 million in debt funding from British International Investment (BII), the UK’s development fin… Read More
2023-12-04 20:14
Eight visionary enterprises led by dynamic young African women have emerged triumphant in the 2023 YouthAdapt challenge, each securing grant funding of up to $100,000. This transformative in… Read More
2023-12-04 12:36
The Former Kaduna State governor, Mallam Nasir El-Rufai announced that he is planning to launch a $100 million venture capital fund for startups in Nigeria.
He made this known in a discus… Read More
2023-12-04 11:41
The Kenyan government, through the Communication Authority (CA), has revealed plans to implement Device Management Systems (DMS) on mobile phones to fight against counterfeit devices and det… Read More
2023-12-04 10:55
In August, Meta introduced its comprehensive AI translation model, SeamlessM4T, that facilitates translation in around 100 languages for text and 36 for speech. Boosting this tool with an up… Read More
2023-12-04 10:06
OpenAI is reportedly delaying the launch of its GPT Store until early 2024, as per an email viewed by The Verge. The company unveiled its GPT Builder tool at its inaugural developer conferen… Read More
2023-12-04 09:40
Google has postponed its anticipated Gemini launch events — which were initially scheduled for the next week — with the new release date for its GPT-4 competitor set in January… Read More
2023-12-04 09:19
Walmart, America’s largest employer and revenue-generating company, has decided to withdraw its advertisements from the platform now known as X, formerly Twitter, as reported to Reuter… Read More
2023-12-04 08:47
As an unexpected revelation before the holidays, Spotify’s CEO, Daniel Ek, announced in a corporate press statement that the company would be reducing its workforce by 17 percent. He a… Read More
2023-12-04 04:29
The Central Bank of Nigeria (CBN) has issued a directive imposing a “Post No Debit” restriction on all bank accounts without a Bank Verification Number (BVN) and National Identif… Read More
2023-12-04 04:17
In a conversation with Simeon Ononobi, Co-founder and Chief Product Officer at Connected Analytics, we delve into the revolutionary potential of StoreSmart and its transformative impact on b… Read More
2023-12-02 07:42
Protecting yourself against deepfake attacks involves a combination of cybersecurity practices, awareness, and proactive measures.
What are deepfakes?
Deepfakes are a form of syntheti… Read More
2023-12-01 15:52
In the heart of every thriving startup is a dynamic, pulsating core that propels it forward – its culture. It’s the unwritten code that shapes behavior, bends decision-making, an… Read More
2023-12-01 12:06
London-based fintech and payment solution, Verto, has reached an agreement with the United Bank of Africa (UBA). The partnership aims to provide a platform for financial transactions caterin… Read More
2023-12-01 10:58
Zepz, the parent company of WorldRemit, has carried out a new round of job cuts. The UK-based fintech unicorn backed by significant venture capital funds like TCV, Accel, and Leapfrog, has a… Read More
2023-12-01 10:09
Huawei has been making notable advancements with its recent smartphones, notably the inclusion of its in-house 7nm 5G processor. However, a new Bloomberg report suggests that Huawei has been… Read More
2023-12-01 09:49
TikTok has launched the Artist Account, giving emerging musicians additional ways to enhance their profiles and improve their discoverability. However, these new tools aren’t just for… Read More
2023-12-01 09:35
If you’re using Google Chrome, it’s essential you update your web browser without delay. Google has rolled out a recent update this week. This includes a critical fix for an ongo… Read More
2023-12-01 08:14
A highly productive workforce not only drives profits but also contributes to a positive workplace culture. While there are numerous strategies to boost employee productivity, we’ve co… Read More
2023-11-30 19:29
Bolt has announced its strategic initiatives for 2024, aiming to bolster safety and security measures for both riders and drivers.
Country Manager, Yahaya Mohammed, shared these plans du… Read More
2023-11-30 18:56
In a strategic move, South African billionaire businessman and conservationist Jonathan Oppenheimer has successfully acquired full ownership of GZ Industries (GZI), a prominent beverage can… Read More
2023-11-30 18:42
President William Ruto has announced the imminent signing of the Kenyan Startup Bill into law, scheduled for April 2024, marking the culmination of a comprehensive two-year legislative proce… Read More
2023-11-30 17:51
Amini, a Kenyan Climate tech startup announced that it has raised $4 million in a seed round led by Salesforce Ventures and the Female Founders Fund. Other participants in the round include… Read More
2023-11-30 16:26
Nigerian artist Burna Boy has clinched the title of the most streamed African artist in sub-Saharan Africa (SSA) on Spotify for the year 2023, as reported in Spotify’s latest Wrapped r… Read More
2023-11-30 14:20
To introduce Threads in member countries, Meta has chosen to comply with the online services regulations set by the European Union. As reported by The Wall Street Journal, Meta aims to launc… Read More
2023-11-30 14:02
With Elon Musk at the helm, X, which is already financially unstable, may be on the brink of losing an additional $75 million in advertising revenue. This comes after Musk’s promotion… Read More
2023-11-28 12:46
Fuse Network, a leading Web3 payment infrastructure provider, has introduced its groundbreaking Web3 Business Grant Program, allocating $10 million to support global businesses. The initiati… Read More
2023-11-28 11:40
Kenyan agri-tech startup, Twiga Foods, has successfully raised an undisclosed amount of funding from a consortium of investors, featuring notable names like Creadev and Juven. The capital in… Read More
2023-11-28 11:09
Endeavor Kenya, a non-profit organisation dedicated to supporting high-impact entrepreneurs, has unveiled its groundbreaking ScaleUp Program. Representing a major milestone in their mission… Read More
2023-11-28 10:39
MPost, a renowned Kenyan tech startup celebrated for its innovation in transforming mobile numbers into virtual addresses, has declared a significant operational change. The company is shift… Read More
2023-11-27 22:52
Over 7,000 Nigerian women tech founders have enrolled in a government-led training initiative, co-organised by the National Information Technology Development Agency (NITDA).
The Directo… Read More
2023-11-27 18:11
Pan African Towers (PAT), a prominent digital infrastructure company in Nigeria, has announced a strategic investment from Development Partners International (DPI) and Verod Capital. DPI and… Read More
2023-11-27 15:22
Are you already seeing the positive effects of call tracking within your business?
Whether you’ve already obtained the software from an expert call tracking company or not, it&rsquo&hell…Read More
2023-11-18 15:26
Telecommunications firm Telkom has announced the winners of the first instalment of its Telkom Transformation and Innovation Awards.
The event recognises start-ups and SMEs that showed re… Read More
2023-11-18 15:15
The Embassy of Ireland in South Africa has announced the five South African tech start-ups that will participate in the Irish Tech Challenge South Africa 2023.
Now in its second year, the… Read More
2023-11-18 00:35
WhatsApp recently introduced the voice chat feature for WhatsApp groups. Now a new online report suggests that the instant messaging app is rolling out a feature that adds a shortcut to… Read More
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