Facebook Libra cryptocurrency could launch as early as January, according to the Financial Times, but it appears the project has once again scaled back its ambitions. When the Libra Association, the consortium Facebook co-founded to oversee the project, shared its latest plans in April, it said its goal was to create multiple digital…
Author: AdeO
When Philadelphia law enforcement officers used the term Black Friday to describe the chaos that ensued after suburban shoppers and tourists flooded the city on the day after Thanksgiving in the 1950s, little did they know that it will become a global phenomenon that will transcend decades? Such is the…
In line with its SMART City agenda of making Lagos a 21st century economy, the Lagos State Government (LASG) through the Office of Innovation and Technology is organising the second edition of Art of Technology Lagos 2.0. curated by Eko Innovation Centre, the two-day conference will bring together the best of…
The management of Hope PSBank-a subsidiary of Unified Payment Services Limited and Nigeria’s premier digital-first bank has assured customers-unbanked, underserved and banked of its readiness to deliver seamless digital banking experience to them as part of efforts targeted at promoting and driving financial inclusion in the Nigerian banking ecosystem. The…
9PSB, a lifestyle, digital Payment Service Bank has officially launched to provide banking services to Nigerians. To be driven by a vast network of agent-banking system, 9PSB targets over 6million customers in its first year of operation, an exercise 9PSB described as the beginning of “the race to revolutionise the…
– Mrs. Bukky George first contacted the Zinox Chairman, Leo Stan Ekeh via SMS on March 31st, 2020 at 4.13 am – Ekeh has no investments in HealthPlus or in Alta Semper, its investors – Ekeh knew Alta Semper and the funders of the business, made up of credible individuals,…
The UNESCO King Hamad Bin Isa Al-Khalifa Prize for the use of ICT in education is now accepting candidatures. The theme of the 2020 edition is the use of Artificial Intelligence (AI) to enhance the continuity and quality of learning. In the context of the education crisis due to the COVID-19 pandemic, this…
In partnership with Gameloft, a leader in the development and publishing of mobile games, MTN Nigeria has announced the launch of MTN Gameworld — a new gaming platform for its subscribers. The platform will offer the Nigerian gaming community access to a variety of fun and exciting games online through an extensive premium…
Bitcoin continues to have a tremendous year with the asset hitting the highest price level in almost three years. The soaring Bitcoin price can be witnessed in the rising search rate for the keyword ‘Bitcoin’. Data presented by Stock Apps shows that the global interest in the term ‘Bitcoin’ has soared by 112.76%…
The Nigerian economy has entered into its second recession in five years as the gross domestic product contracted for the second consecutive quarter. The National Bureau of Statistics announced that the nation’s GDP recorded a negative growth of 3.62 percent in the third quarter of 2020. The country had earlier…
The founder of a cassava processing business in Kenya, a co-founder of a novel food processing technology start-up, and the owner of a smallholder farmer food procurement company in Nigeria won the top cash prizes in the African Development Bank’s $120,000 AgriPitch competition on Tuesday. The AgriPitch competition offered young…
Shazam, the music recognition app that Apple purchased in 2018, has surpassed 200 million monthly active users worldwide. The music recognition app is available as a standalone app and as a built-in feature on the iPhone and iPad, accessible through Siri and through a new Music Recognition toggle added to the Control Center in iOS 14.…
Available to young innovative African companies is now Bridge Fund by Digital Africa, a new financial instrument to help them mitigate the economic impact of the COVID-19 pandemic. Promoted by Digital Africa and deployed by Proparco, a subsidiary of the French Development Agency (AFD) dedicated to the private sector, this new…
Artificial intelligence has been one of the most intriguing parts of science fiction for decades. We have been fixated on the idea of creating life from nothing – a life that responds to us in the same way that we do to it and with the capabilities to almost pass…
Bundle Africa, the Nigerian social payments and crypto app, has officially launched in Ghana allowing you to now buy and sell crypto on the app using Ghanaian Cedis (GHS). Speaking about the company’s expansion into Ghana, Yele Bademosi, CEO, Bundle Africa, said: “We’re super-excited to finally bring Bundle to Ghana. I…
Grazac Technologies Limited, one of the leading software companies in Ogun State has launched the first innovation hub in Abeokuta, the state capital. Creatives, entrepreneurs, strategic thinkers and tech enthusiasts recently converged on the hub located along Sam Ewang Estate road during the official launch. Grazac Technologies Limited Chief Executive…
The AI Media Group has launched The Deal Room, Africa’s first artificial intelligence (AI) focused, free investment matchmaking service for African startups. The service aims to connect African AI-focused startups to interested investors and venture capitalists (VCs). AI Media Group is the publisher of AI and Data Science quarterly magazine Synapse,…
Outlierz Ventures, a Morocco-based business to business (B2B) venture capital fund has reportedly invested in three innovative African tech startups. The tech startups are YouVerify, Bamboo, and Healthlane. The three selected tech-enabled startups will utilise the funding received from Outlierz Ventures to transform Africa’s traditional industries in various sectors including; fintech,…
Jobberman has partnered with Coursera, to offer soft skills training to empower young people with the skills required for career success. A statement noted that Jobberman is the first recruitment firm in Nigeria to partner with Coursera. “Jobberman will offer six courses on Coursera, which equip workers with skills in…
The National Information Technology Development Agency (NITDA) is offering full sponsorships for startups to attend the 40th edition of GITEX Technology Week holding at the Dubai World Trade Centre (DWTC) Dubai, the United Arab Emirates from 3-10 December 2020. The NITDA, through its subsidiary Office for ICT Innovation and Entrepreneurship (OIIE),…