Author: Staff Writer

HYBR Group has released a new research report “Assessing the next innovation ecosystem normal: an African perspective beyond hubs” – which focuses on the challenges and opportunities posed by Covid-19 in Africa. The global public health pandemic, coupled with a looming economic crisis, are rapidly reshaping the innovation and investment…

Facebook launched Avatars in Africa to give people new ways to express themselves online. Avatars are digital personas that enable people to engage across Facebook and Messenger in a more personal and dynamic way.  You can use your personalised avatar to share a range of emotions and expressions via a…

Egyptian payment startup, Paymob, has announced its partnership with Holyo, a German-based provider for global branded payments to facilitate payments for millions of gamers in Egypt. The global gaming market size in 2020 is expected to reach $159 billion in revenues with an increase of 9.3% over the preceding year;…

Kenyan HR startup, WorkPay, has raised $2.1 million seed funding led by Kepple Africa Ventures with participation from Y Combinator, Soma Capital, Musha Ventures, P1 Ventures, and other angel investors. The company said that the seed funding will be used to scale its software tools and expand its clientele network…

President Donald Trump has issued a new executive order to Bytedance for TikTok’s operations in the US. ByteDance now has 90 days to either sell or spin off its TikTok business in the US. In the order, Trump also says that there is “credible evidence” that ByteDance “might take action…

Cassava Fintech International (CFI) and the Liquid Telecom Group (LTG) have announced the launch of Sasai Wi-Fi Finder, a potential game-changer in driving digital and financial inclusion in Africa. The service, which will be offered across the continent, was announced today, and is set to be rolled at thousands of…

Facebook has started merging Instagram and Messenger chats according to a report from TheVerge. On Friday, it was reported that some people noticed an update screen popped up in Instagram’s mobile app with the message “There’s a New Way to Message on Instagram” with a list of features including a…

Individuals and Businesses can now create, host and earn money from their online events on Facebook. The announcement for this feature was made via a blog post some days ago by Fidji Simo Vice President, Head of Facebook App. According to Fidji in the post; “With social distancing mandates still…

WhatsApp rival, Telegram, has launched Video calls as part of the activities marking seven years of operation. Brothers Nikolai and Pavel Durov started Telegram in 2013 and has since grown into a platform with over 400 million users. In October 2013, Telegram had 100,000 daily active users. On 24 March 2014, Telegram announced that it…

With the objective of ensuring that all Nigerians and people residing in Nigeria have access to financial services, the Central Bank of Nigeria has put in place appropriate structures to ensure that everyone can have access to basic financial services in the country. One of such structures is the Mobile…

Finnish phone maker, HMD Global, announced that it has raised $230 million from some strategic investors including Google, Qualcomm and Nokia. According to the company, “The investment will further fuel HMD Global’s strategic vision in four key areas: Firstly, it will accelerate the company’s mission to make 5G smartphones accessible…

Egyptian payment startup Paymob has raised $3.5 million in a round led by Dubai’s Global Ventures and Dutch Entrepreneurial Development Bank FMO with the participation of existing investor A15. Founded by Islam Shawky, Alain El Hajj and Mostafa El Menessy, Paymob is a digital payments enabler for emerging markets helping…

Standard Chartered Bank and Airtel Africa have today announced a strategic collaboration to drive financial inclusion across key markets in Africa by providing customers with increased access to mobile financial services. Through the collaboration, Standard Chartered and Airtel Africa will work together to co-create new, innovative products aimed at enhancing…

Microsoft has unveiled the Surface Duo dual-screen Android phone which will be available for $1,399 as from September 10. The foldable device was initially announced during Microsoft’s Surface hardware conference on October 2, 2019 along with the Surface Neo One wonders if Microsoft’s announcement was not precipitated by the launch…

As part of Xiaomi’s 10th anniversary, the Chinese company unveiled a number of new products including a 55″ transparent OLED TV. It is called the Mi TV LUX OLED Transparent Edition. Mi TV LUX OLED Transparent Edition is the world’s first mass-produced transparent TV. With an edge-to-edge transparent OLED self-luminous…

Top five peer-selected startups will split $150,000 in grant funding from MetLife Foundation

After launching the vivo V19 a month ago, vivo is back announcing a new device, the vivo Y30, that takes a winning formula with its Ultra O Screen — A.I Quad Camera, a 5000 mAh battery — high-end specs with a moderate price tag and a unique body structure. The…

Toshiba has officially announced the sale of the remaining 19.9% of the outstanding shares in Dynabook Inc. that it held, to Sharp Corporation. The Japanese conglomerate sold 80.1% of PC business unit to Sharp in 2018 for $36 million, and Sharp renamed the division Dynabook. On June 30, 2020, under…

AXA Mansard Insurance Plc. has announced the divestment from its subsidiary, AXA Mansard Pensions Limited and is selling the company to Eustacia Limited (a member of the Verod Group) The announcement was made via a notification by the company’s Secretary, Mrs Omowunmi Mabel Adewusi to the Nigerian Stock Exchange on…

Horror is a speculative fiction genre that is designed to frighten, surprise, and delight your readers. Horror can be interpreted in various ways, but often there are central criminals, monsters, or threats that often reflect the fear experienced by the people at that time. The horror genre breeds many subgenres…