Author: Staff Writer

Ampersand, one of Africa’s leading electric vehicle (EV) energy tech company, has raised an additional $2 million, pushing the total funding to an impressive $21.5 million within the last 12 months. The company raised $19.5 million in January 2024. This significant capital injection highlights the strong investor confidence in Ampersand’s…

Lagos, Nigeria’s bustling metropolis, has taken a significant leap towards modernizing its transportation system with the partial commencement of the Lagos Rail Mass Transit (LRMT) Red Line. This eagerly anticipated development began on Wednesday, August 28th, 2024, marking the start of invitational passenger operations after a successful six-week trial run.…

Elon Musk, CEO of SpaceX, recently announced that Starlink’s new mobile phone system would offer free access to emergency services. Musk made the statement on “X” (formerly known as Twitter), emphasizing the importance of not having someone’s life at risk simply because they couldn’t pay for emergency connectivity. “Can’t have…

In an exciting development for Africa’s fintech landscape, Flutterwave has achieved a significant milestone by obtaining the Payment Systems Operator (PSO) License from the Bank of Uganda. This achievement represents a major step forward in Flutterwave’s mission to empower African businesses to thrive globally by making and accepting payments seamlessly.…

In a surprising move, Apple Inc. has made headlines by cutting approximately 100 positions within its digital services division, marking a significant shift in its strategic focus. This decision, affecting various teams under Senior Vice President Eddy Cue, highlights the company’s evolving priorities as it adapts to new business dynamics.…

In a bold move set to shake up India’s telecom landscape, Airtel, the country’s second-largest telecom operator, has announced a strategic partnership with tech giant Apple. This collaboration will bring Apple TV+ and Apple Music to Airtel’s high-tier customers, effectively replacing the company’s own Wynk Music streaming service. The shift…

In a monumental leap for cancer treatment, doctors have initiated trials for the world’s first mRNA lung cancer vaccine, sparking hope for thousands of patients worldwide. Experts are calling this development “groundbreaking,” with the potential to revolutionize how we fight lung cancer, which claims about 1.8 million lives each year,…

In a surprising turn of events, Telegram founder and CEO Pavel Durov has been apprehended by French authorities at Le Bourget Airport, located just north of Paris. The arrest, which took place shortly after Durov’s private jet touched down, has sparked widespread speculation and concern, particularly given the app’s contentious…

Walking the sidewalks should never be dangerous. Yet, every year, thousands of pedestrians worldwide lose their lives in traffic accidents. According to the WHO, 274,000 pedestrians have been killed worldwide in the last decade, accounting for 23% of global traffic crashes. It shows that pedestrian safety isn’t universal. While some…

Andela Inc., one of the world’s leading private marketplaces for technical talent, has made a significant leadership change, appointing Carrol Chang as its new Chief Executive Officer. Effective September 17, 2024, Chang will also join Andela’s Board of Directors. She succeeds Jeremy Johnson, co-founder of Andela, who will remain an…

Financial services industries are transforming, and heavily impacted by cutting-edge technologies that are reshaping how businesses operate and how customers interact with platforms of service providers. From AI to blockchain, these innovations are offering efficiency, security, and accessibility in the financial services industry. Every entrepreneur needs to have an understanding…

Finally the football G.O.A.T, Cristiano Ronaldo, is now on YouTube and he has done it in style. The 39-year-old Portuguese International and five-times Ballon D’Or winner launched his latest hustle on Wednesday to connect to his massive fanbase. With over 900 million followers across various platforms (112.5 million on X platform, 170…

OpenAI is rolling out a new feature allowing corporate customers to tailor its most powerful AI model, GPT-4o, using their own company data. This customization capability, known as fine-tuning, represents a strategic move as competition intensifies in the AI sector and businesses face increasing pressure to demonstrate the value of…

Microsoft Teams has consistently reshaped how we collaborate in both professional and personal settings. Previously, users on Windows 11 had to manage two separate Teams apps—one for work or education and another for personal use. However, a significant update has now been rolled out: the unified Teams app is available…

d.light, the global provider of transformational household products and affordable finance for low-income households, has launched its new customer loyalty program – the first of its kind in the off-grid solar space. d.light officially launched the loyalty scheme, called “d.light Points Program”, in Kenya on 7 August, with plans to…

In a landmark initiative aimed at transforming healthcare delivery across Nigeria, NSIA Advanced Medical Services Limited (MedServe) has launched the first phase of an ambitious healthcare expansion program. The initiative will see the establishment of 23 diagnostic centres, three additional oncology centres, and seven catheterization laboratories across the country’s six…

The market for cocoa and chocolate is one of the biggest food sectors in the world, and it shows no sign of becoming less relevant in the near future. In 2023, the market was valued at approximately $16 billion and is expected to grow by 7% per year to achieve…

GTBank, a Nigerian commercial bank, has issued a statement refuting claims that hackers had “seized the Bank’s website, cloned it and intercepted customer data.” The bank however confirmed that there was an isolated incident of an attempt to compromise our website domain. The hacking attempt took place just a day…

Elon Musk’s AI startup, xAI, has taken a significant step forward with the official launch of Grok-2 and Grok-2 Mini, the latest AI models now available in beta exclusively to X Premium and Premium+ users. These models, successors to the previous Grok-1.5, are designed to elevate chat, coding, and reasoning…

Apple is set to introduce a new feature for developers with the release of iOS 18.1, allowing them to integrate NFC (Near Field Communication) contactless transactions directly within their own apps. This innovation enables developers to offer a range of services—from in-store payments and car keys to hotel access and…