Africa needs $6bn yearly to close connectivity gap ? W’Bank The World Bank has said that an estimated $6bn in annual investments is required to bridge Africa’s digital divide and ensure widespread access to digital technologies. This disclosure was made in t... 27th May 2024
MTN urges govts to streamline policies MTN Group has urged governments to streamline regulations and policies to support the increased investment in digital infrastructure required to accelerate the continent’s economic development. It s... 27th May 2024
Tizeti delivers 35,219TB of data Tizeti Network Limited, West Africa’s leading solar-powered fixed internet service provider, has revealed that it delivered 35,219 TB of data as of December 2023. According to the company in a relea... 27th May 2024
TikTok unveils new guidelines on live streaming TikTok, a popular social media platform, has announced the rollout of new guidelines for earning money through its livestreaming feature, TikTok LIVE. The platform said in a statement that the guideli... 26th May 2024
Nigerian startup wins fintech competition in US Regfyl, a startup specialising in anti-money laundering, fraud prevention, and regulatory compliance, has emerged as the winner at the Africa Fintech Summit Pitch Competition in Washington, United Sta... 26th May 2024
MasterCard, Payment24 move to tackle fleet fraud MasterCard and Payment24 have announced the expansion of their partnership across Eastern Europe, the Middle East, and Africa to enhance security and drive innovation in the fleet and fuel payment ind... 26th May 2024
‘AI adoption can boost economic growth’ Artificial Intelligence has the potential to revolutionise Nigeria’s economy by tackling corruption, infrastructural deficiencies, and inefficiencies in the agricultural sector, according to experts... 26th May 2024
Firm plans AI-driven solutions for work management An enterprise work management platform, Asana has said it will soon launch operations in Nigeria to provide AI-driven solutions for work management. A release from the firm stated that it would offici... 26th May 2024
Nigeria’s tech talent pool grew 791% in four years ? Andela Andela, a leading private marketplace for technical talent, said it grew Nigeria’s technical talent by 791 per cent in the last four years, starting in January 2020. The growth milestone was announc... 26th May 2024
[ICYMI] Tapswap frenzy: Why Nigerians are tapping their phone screens A new trend has swept across Nigeria in recent days, with people of all ages tapping on their phone screens in pursuit of financial gain. Tapswap, a popular clicker app, has taken the country by storm... 24th May 2024
Binance calls charges ‘meritless’ after Abuja court denied employee bail Cryptocurrency exchange Binance has condemned the Federal High Court’s refusal to grant bail to its employee, Tigran Gambaryan. In a statement, the crypto exchange labelled the decision unjustified ... 21st May 2024
MTN CEO calls for improved regulations MTN Group Chief Executive Officer, Ralph Mupita, has urged African governments to harmonise regulations, particularly in the tech sector, to support increased investment in digital infrastructure and ... 21st May 2024
NITDA pledges to implement strategic roadmap The National Information Technology Development Agency has vowed to implement its Strategic Roadmap and Action Plan 2.0, to transform Nigeria into a digital innovation powerhouse. The agency said on i... 21st May 2024
Six Nigerian startups selected for Visa accelerator programme Visa, a global leader in digital payments, has announced the inclusion of six Nigerian startups in the second cohort of its Africa Fintech Accelerator programme. The biannual initiative would provide ... 21st May 2024
Airtel gets recognition for financial reporting promotion Airtel Africa has emerged as a major winner at the inaugural ICAN-NGX Awards, taking home the Most Outstanding in Financial Reporting and the overall gold across all categories. According to a stateme... 21st May 2024
OpenseedVC launches $10m fund for African startups OpenseedVC, a new operator-led fund, has officially launched its $10m angel-style early-stage fund. According to a statement on Monday, the fund aims to be the first investor in seasoned operators sta... 21st May 2024
Starlink now Nigeria’s third largest ISP ? NCC Elon Musk’s Internet company, Starlink, has emerged as Nigeria’s third-largest Internet Service Provider with 23,897 subscribers in the fourth quarter of 2023. That milestone was disclosed in the ... 21st May 2024
Firm, Nigeria's subsea coy partner to boost underwater technology Nigeria’s SubseaRobotix in collaboration with TSC Subsea, has moved to transform subsea engineering inspections in Nigeria through the deployment of advanced robotic solutions. The Global Sales Dire... 20th May 2024
Five new AI tools from Google to boost productivity (1) Google is revolutionising productivity with five cutting-edge AI tools, empowering internet users to streamline tasks, boost efficiency, and achieve their goals with ease. In this piece, Justice Okamg... 20th May 2024
InfraCorp to develop Nigeria’s evergreen city President Bola Tinubu has approved the appointment of the Infrastructure Corporation of Nigeria as the lead arranger and developer of Evergreen City, the country’s green industrial zone. In a releas... 20th May 2024
Telcos paid over N2tn tax in 2023 ? Report Telecommunication companies paid N2.4tn tax to the Nigerian government in 2023, despite struggling to attract investments, a digital economy report from the Groupe Special Mobile Association obtained ... 19th May 2024
Stakeholders to examine Africa’s digital future at summit Stakeholders would be converging at GITEX Africa 2024, the continent’s largest tech and start-up event, to explore the latest innovations and advancements in Artificial Intelligence, cybersecurity, ... 19th May 2024
Bolt rolls out verification technology for riders Technology ride-hailing firm Bolt has rolled out identity verification technology for riders (passengers), in a move to further strengthen the safety and security of its platform. According to the fir... 19th May 2024
Startup deepens healthcare access after raising $3m Beaconhealth Diagnostics, a subsidiary of the Nigerian healthtech startup MDaaS Global, is expanding its footprints to other parts of the country to provide access to affordable, high-quality healthca... 19th May 2024
Huawei invested N383bn in local procurement ? CEO Huawei Technologies Company Nigeria Limited has invested N383bn in local procurement from 2013 to 2023, its managing director, Wu Kui Terrens, said. The investment was part of the company’s commitme... 19th May 2024
Lagos-Calabar highway: Telcos worry over FG’s lack of consultation Telecom operators have raised concerns over the Federal Government’s lack of? consultation on environmental assessments as construction advances on the 700km Lagos-Calabar Coastal Highway. Despite ... 14th May 2024
Firm launches e-Learning platform Accessible Publishers Ltd has launched Accessible Studybase, an eLearning platform designed to enhance teaching. The company said, in a statement, that it aimed to bridge the gap in educational access... 14th May 2024
71% of Nigerians lack regular mobile internet access ? GSMA A Groupe Special Mobile Association report has revealed that about 71 per cent of Nigerians do not have regular access to mobile Internet. The GSMA report was launched recently in Abuja amid ongoing d... 14th May 2024
Internet group says cybersecurity levy will affect businesses Nigeria Internet Group, an advocacy group that promotes internet access and connectivity in Nigeria, has kicked against the planned introduction of the cybersecurity levy by the Central Bank of Nigeri... 13th May 2024
FG, Nokia sign pact on youth empowerment The Federal Government has signed a Memorandum of Understanding with Nokia Solutions and Networks Nigeria to upskill young Nigerians in the latest 4G and 5G radio and transmission technologies. The pa... 12th May 2024
Regulate crypto trading platforms, IMF urges Nigeria The International Monetary Fund has advised the Federal Government to require global crypto trading platforms to register to operate in the country, subjecting them to regulatory requirements. This re... 12th May 2024