Author: AdeO

eCommerce company, Jumia, has released its 2019 second-quarter financial results which show 94 per cent growth in Gross profit, gross merchandise volume (GMV) – a term for sales in online retail -increased by 69 per cent compared to Q2 last year. This exceeded its target of 56 to 60 per…

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Major tech companies including Google Cloud, Intel, Microsoft, Alibaba, Arm, Baidu, IBM and Red Hat announced intent to form the Confidential Computing Consortium to improve security for data in use. Established by the Linux Foundation, the organization plans to bring together hardware vendors, developers, open-source experts, and others to promote the use…

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The 25th Nigerian Economic Summit (NES25) startup pitch competition is now open for entries. The competition is organized by the Nigerian Economic Summit Group (NESG) in partnership with Sterling Bank, Venture Garden Group and its startup investment/acceleration arm GreenHouse Capital. This collaborative effort seeks to empower Micro, Small, Medium Enterprises…

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Facebook has launched its technology hub tagged ‘Developers Circle’ in Benin City. Developers Circle is a platform that allows people, who are technologically-inclined to engage with local experts, learn new technology as well as collaborate with technology developers to build products. Speaking during the inauguration of the Facebook Circle at…

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Devices especially smartphones and computers have become attracted a lot of hackers because a whole lot of people rely on them to store data. Today, cyberattacks are sophisticated, well-orchestrated and capable of posing severe threats to the personal data of Internet users. You might wonder why should anyone be keen…

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Tautona, a South African insurtech startup has joined Lloyds Innovation Accelerator Program, a mentorship-focused accelerator that gives startups the opportunity of working with insurance firm Lloyds. Founded in 2016, Tautona is a cognitive automation” company that automates processes once reserved for human judgement. The insturtech startup’s cloud-based, managed service approach provides…

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South Korean telecommunication firm, KT has launched a contagion or epidemic prevention app in Ghana that alerts users of diseases in their vicinity. Named the Global Epidemic Prevention Platform, or GEPP, the company and West African country have been working to deploy the app since November last year. KT first…

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The Vice-Chancellor of the University of Lagos (UNILAG), Prof. Oluwatoyin Ogundipe, has announced that the institution was establishing grants of between N1 million and N2 million to aid students in entrepreneurship. Ogundipe made this known at the 3rd Biennial Conference on TOKI (Transition from Observation to Knowledge to Intelligence) held in…

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Landwey, one of Nigeria’s most respected real estate companies with development projects in the commercial, retail and residential property segments has just acquired a 25% stake in Vistafront, a tech platform for funding real estate projects online. Since investing in real estate can be a capital intensive project for many,…

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An investigation by The Washington Post claims Huawei technicians helped African governments spy on domestic political opponents. According to the report, Huawei employees helped authorities in Uganda intercept encrypted messages and allowed police in Zambia to locate opposition bloggers. Such claims could validate or lend credence to the Trump administration’s concerns about the use…

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