Africa Finance Corporation (AFC), one of Africa’s premier infrastructure finance institutions, has announced a €100 million investment to support the expansion of Mota-Engil Africa’s mining operations in Côte d’Ivoire and Mali. The five-year facility is set to finance equipment acquisition, inventory, and site infrastructure for three new gold mining projects,…
Author: Staff Writer
Staff Writer
I am a staff at Innovation Village.
Airtel Nigeria has reported a major milestone in its fight against digital fraud, revealing that its recently launched AI-powered Spam Alert Service has identified more than 9.6 million spam messages within just two months of operation. Introduced on March 13, 2025, the system is part of the telecom giant’s broader…
Salesforce is returning to high-stakes dealmaking with a bold move to acquire data management leader Informatica in a deal valued at approximately $8 billion, signaling its most significant acquisition since purchasing Slack in 2021. As the artificial intelligence (AI) arms race accelerates in the enterprise tech sector, this acquisition positions…
COREangels MEA, in partnership with PTS Holdings and the Arab Academy for Science, Technology and Maritime Transport, has launched a $10 million investment fund to support early-stage innovation across the Middle East and Africa (MEA). At the centre of the initiative is a clear mission: to invest in purpose-driven tech…
Mavin Records sensation Ayra Starr has etched her name in the history books as the first Nigerian female artist to cross one billion cumulative views on YouTube. The feat places the 21-year-old Afrobeats star among an elite group of Nigerian music heavyweights, including Burna Boy, Wizkid, Davido, Rema, and CKay,…
Kenya is preparing to undertake its largest privatization effort in nearly two decades, with plans to sell a significant portion of its 34.9% stake in Safaricom, East Africa’s telecom giant. The goal: raise approximately KES 149 billion ($1.1 billion) by June 2026 to plug widening budget gaps without imposing new…
With investor confidence growing in Africa’s green transport sector, GOGO Electric has secured new funding from the Africa Go Green Fund (AGG) to scale its innovative e-mobility solutions across Uganda. Though the amount was not disclosed, the Revolving Working Capital Facility, managed by Cygnum Capital, will support the expansion of…
NewGas Cylinder Bottling Limited, a Ghanaian clean energy startup and subsidiary of Arch Holdings Limited, has clinched an $18.2 million senior debt facility to spearhead a nationwide campaign for safer and cleaner household cooking. The funding, provided by two major international funds—Africa Go Green Fund and Spark+ Africa Fund—will finance…
In a decisive move to enhance consumer protection and promote transparency, the Nigerian Communications Commission (NCC) has issued a new directive compelling all telecommunications operators in Nigeria to publicly inform consumers about major service outages on their networks. The directive, which is now in effect, mandates that service providers disclose…
In a media landscape dominated by billion-dollar streaming giants, Twitch megastar Kai Cenat is charting a bold new path—one that prioritizes creative independence over lucrative deals. The 23-year-old content creator recently revealed that he turned down offers from Amazon Prime, Netflix, and Tubi to bring his new project, Streamer University,…
Anthropic has introduced its most advanced AI models to date—Claude Opus 4 and Claude Sonnet 4—ushering in a new era of performance, precision, and power in artificial intelligence. With major strides in coding, reasoning, and long-running task execution, the Claude 4 models are engineered to elevate everything from software development…
Africa Delivery Technologies Holding, the Dutch-based parent company of Nigerian logistics startup Kwik, has been declared bankrupt by a court in Amsterdam following a creditor-led legal dispute. The bankruptcy, however, does not directly affect Kwik’s daily operations in Nigeria, where the company continues to serve over 300,000 merchants and recently…
IHS Towers has struck a transformative deal to sell its Rwandan operations to Paradigm Tower Ventures, marking a significant shift in Africa’s telecom infrastructure landscape. Valued at $274.5 million, the transaction includes approximately 1,465 towers and is expected to close in the second half of 2025, subject to regulatory approvals.…
In May 2025, U.S. President Donald Trump reignited controversy by blocking Harvard University from enrolling international students, citing alleged non-compliance with federal immigration regulations. The move—executed through a directive by the Department of Homeland Security (DHS)—revoked Harvard’s certification under the Student and Exchange Visitor Program (SEVP), a status required for…
Artificial intelligence is revolutionizing how we interact with technology, and at the heart of this transformation are AI-powered chatbots. These virtual assistants are becoming essential tools for work, learning, and everyday communication. In 2025, several standout chatbots are shaping the future of AI-driven interaction based on their capabilities, global reach,…
The Gates Foundation is giving a major boost to maternal and child health in Sub-Saharan Africa with a $5 million grant to Axmed, a healthcare technology company transforming medicine access in emerging markets. The grant will be deployed as a 1:1 matching fund, helping governments procure critical maternal, newborn, and…
Carrot Credit, a Nigerian fintech startup, has raised $4.2 million in seed funding to scale its asset-backed lending platform across the continent. The round, led by MaC Venture Capital with backing from Authentic Ventures, will support product development, team expansion, and deeper integrations with digital investment platforms. Founded in 2023…
In a major milestone for the open-source AI community, Meta’s Llama—a family of large language models (LLMs)—has surpassed 1 billion downloads, marking a significant step toward democratizing access to powerful artificial intelligence tools. Since its initial release in 2023, Llama (short for Large Language Model Meta AI) has become a…
At its annual Google I/O 2025 event, Google unveiled one of its most exciting updates yet for global communication: real-time speech translation in Google Meet. Now available in beta for Google One AI Pro subscribers, this feature enables natural, free-flowing multilingual conversations during video calls—with voices, tones, and expressions preserved…
At its 2025 I/O Developer Conference, Google unveiled Veo 3, the most advanced version of its generative video model developed by DeepMind. Veo 3 is more than just an evolution of AI video creation—it’s a bold reimagination of how content can be generated using artificial intelligence. By seamlessly merging high-fidelity…