OneOrder, the innovative tech supply chain and logistics solution that has transformed the hotel, restaurant, and catering (HoReCa) sectors in Egypt, has announced a successful Series A funding round, securing $16 million in equity and debt. This pivotal investment will fuel OneOrder’s expansion into the Gulf Cooperation Council (GCC) region,…
Author: Staff Writer
News Corp and OpenAI have announced a groundbreaking, multi-year agreement that will enable OpenAI to utilize News Corp’s news content. This partnership will allow OpenAI to display content from News Corp’s diverse array of publications in response to user inquiries, thereby enhancing its products and providing users with reliable information…
In a surprising turn of events, Maelle Gavet has announced her resignation as CEO of Techstars, with David Cohen stepping in to assume the role. This leadership shift comes at a critical juncture for the company as it navigates a rapidly evolving tech landscape and seeks to solidify its market…
In a groundbreaking initiative to enhance digital connectivity across Africa, Google has announced the launch of Umoja, the first fiber optic route to directly connect Africa with Australia. This ambitious project is set to revolutionize the digital landscape by increasing the reach and reliability of internet connectivity on the continent.…
Coca-Cola has announced a significant investment plan aimed at enhancing its production capabilities in Kenya over the next five years. Partnering with Coca-Cola Beverages Africa (CCBA), the company plans to inject up to $175 million into the Kenyan market. This financial commitment is tied to meeting specific growth targets within…
The waste management challenge becomes more pressing as cities expand and populations increase. The rapid urbanization we witness today requires traditional waste disposal methods and innovative solutions to keep pace with the growing demands. In this context, exploring the latest waste management technology and practice advancements is crucial for developing…
The U.S. Food and Drug Administration (FDA) has granted Neuralink, Elon Musk’s brain-machine interface company, approval to implant its brain chip in a second human subject. This decision follows adjustments made to address issues encountered with the first participant, Noland Arbaugh, who shared his transformative yet challenging experience with the…
The Central Bank of Nigeria (CBN) recently announced that mobile money operators, including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint, will resume enrolling new customers “in another couple of months. The apex bank had suspended new customer enrolments in April 2024. CBN Governor Olayemi Cardoso made this statement…
On Monday, Microsoft revolutionized the PC industry with the unveiling of “AI PCs,” a groundbreaking new category set to transform the way we work, create, and interact with technology. This innovative shift in personal computing empowers users with cutting-edge artificial intelligence (AI) advancements. At a packed event in Seattle, Microsoft…
Introduction In today’s rapidly evolving technological landscape, staying ahead of the curve is more critical than ever. One of the most effective ways to achieve this is by enhancing your skill set and qualifications. For those looking to break into or advance within the IT industry, obtaining a Certificate IV…
3 African startups have been selected to join the 2024 edition of the GSMA Innovation Fund for Accelerated Growth. They are Africa 118 from Ethiopia; Ensibuuko from Uganda and Freetown Waste Transformers (FWT) from Sierra Leone. The GSMA Innovation Fund for Accelerated Growth has played a crucial role in supporting over 100…
Netflix has announced a significant milestone in its subscription offerings, revealing that the number of monthly active users on its advertising-supported plan has surged to 40 million. This marks a notable increase from the 5 million reported just a year ago. Amy Reinhard, the company’s president of advertising, shared this…
In a groundbreaking move set to transform cross-border payments in Africa, TBD, a subsidiary of Block Inc., has forged a strategic partnership with Chipper Cash, one of the continent’s leading financial technology firms. This collaboration aims to accelerate the adoption of open and decentralized technologies, paving the way for seamless…
Cryptocurrency exchange, Kucoin, announced that it has temporarily suspended all Peer-To-Peer (P2P) Nigerian Naira services and Fast Buy service via Naira cards. The exchange stated that the suspension is effective from 2024-05-15 08:00 (UTC)/ 09.00 WAT. This is coming three weeks after Nigeria’s Securities and Exchange Commission (SEC) met blockchain…
Dr. Bosun Tijani, the Minister of Communications, Innovation and Digital Economy in Nigeria, announced that it is setting up a Digital Technology Exchange Programme Hub (Nigeria Startup House) in San Francisco, USA. He declared that this was approved at the Federal Executive Council meeting that took place on Tuesday. Interestingly,…
Dr. ‘Bosun Tijani, the Nigerian Minister of Communications, Innovation and Digital Economy, has announced the approval of a Special Purpose Vehicle (SPV) to support the delivery of an additional 90,000km of fibre optic cable to complement the country’s existing connectivity infrastructure. He made known in a statement on his LinkedIn…
The concept of “Agile project management” often sparks debate and confusion, particularly when considering the absence of a traditional project manager role within Agile frameworks. Critics argue that the term itself is a misnomer, as Agile methodology operates on principles that diverge from traditional project management approaches. However, a closer…
Maad, a Senegalese B2B e-commerce startup, announced that it has secured $3.2 million in debt-equity funding to spearhead its expansion across the West African region. Led by Ventures Platform and supported by a consortium of investors including Seedstars International Ventures, Reflect Ventures, and Oui Capital, Maad’s recent funding round marks…
OpenAI has shaken the AI world with the release of GPT-4o, its newest flagship generative pre-trained transformer model. Unlike its predecessor, GPT-4, this iteration boasts the moniker “o” which stands for “omni,” signifying its expanded capabilities across modalities. Here are the features of GPT-4o: A Multimodal Mastermind GPT-4o goes beyond…
In a surprising turn of events, the Bill & Melinda Gates Foundation is set to undergo significant changes following Melinda French Gates’ recent announcement of her resignation. The news, which comes after 24 years of collaborative philanthropic efforts with her ex-husband, Microsoft co-founder Bill Gates, marks a pivotal moment in…