In a significant shift in the cybersecurity landscape, Russian cybersecurity firm Kaspersky is set to lay off dozens of employees and exit the U.S. market. This move follows a U.S. government order issued in June that banned the sale of Kaspersky’s software, citing national security risks. Effective July 20, Kaspersky…
Author: Staff Writer
Côte d’Ivoire (also known as Ivory Coast) has made a significant stride in the fight against malaria, becoming the first country to deploy the R21 malaria vaccine developed by Serum Institute of India Ltd. and the University of Oxford. The initial doses of this groundbreaking immunization were administered to children…
Uncover, an emerging beauty brand from Africa, has successfully closed a $1.4 million Seed II funding round. This milestone was led by EQ2 Ventures and IgniteXL Ventures, with participation from Chui Ventures, Samata Capital, and Altree Capital. In response to investor demand, Uncover also facilitated a significant secondary transaction as…
Ever tried to pay for a Coursera course in Nigeria? It’s like trying to crack a tough nut without the right tools. You find an awesome course, get all excited, then boom – payment issues. Frustrating, right? But don’t throw in the towel just yet. There are ways to get…
Samsung’s highly anticipated Unpacked event took place in Paris, France, on Wednesday, and it did not disappoint. The event wasn’t just about foldable phones and upgraded watches. The tech giant surprised the audience with its first foray into the smart ring market – the aptly named Galaxy Ring. This sleek…
Bolt South Africa has taken a significant step towards improving safety for its driver-partners by introducing a rider profile feature. This new feature allows riders to add a photo of themselves to their Bolt profile, which aims to ensure safer and more secure rides for both drivers and passengers. Enhancing…
Microsoft Corp. and Apple Inc. have unexpectedly decided not to take board roles at OpenAI, reflecting increasing regulatory concerns about Big Tech’s influence on artificial intelligence. Microsoft, which has invested $13 billion in the creator of ChatGPT, announced its withdrawal from the board in a letter to OpenAI seen by…
To boost textile and apparel manufacturing in Togo, the International Finance Corporation (IFC) has unveiled a financing package for Star Garments Group Limited. This initiative will support the establishment of Togo’s first large-scale, export-oriented apparel manufacturing center, anticipated to create thousands of local jobs. The IFC’s $15 million loan will…
Tanzanian fintech NALA announced that it has raised $40 million in a Series A funding round to accelerate its global growth by focusing on two key areas: the expansion of its consumer business and the development of Rafiki, its B2B payments platform. This is NALA’s second round of fundraising in 2 years, having…
The Corporate Affairs Commission (CAC) has announced an extension for the mandatory registration of Point of Sales agents, super agents, and sole agents until September 5, 2024. In a statement signed by its management and posted on its Twitter page on Saturday, the commission granted a 60-day extension. The extension…
The African Development Bank (ADB) Group Board of Directors has approved a $17 million grant to the Islamic Republic of Mauritania for the Project for Promotion of Gender-Sensitive Agricultural Value Chains and Women’s Entrepreneurship (PCVASGEF) Funded under the Global Agriculture and Food Security Programme (GAFSP), this project aims to boost…
Emerging Markets Telecommunication Services Limited (EMTS), operating as 9mobile, has appointed Obafemi Banigbe as its new Chief Executive Officer. This move represents a significant milestone in the company’s ongoing transformation efforts. Banigbe replaces Juergen Peschel, the outgoing CEO, who will remain involved as a Consultant to aid the transition. Banigbe…
Today’s business world is constantly evolving, and that is why digital presence, more than an option, becomes an important necessity. This is because of the fact that it represents a direct and practical gateway with potential clients.A well-designed and professional online image conveys trust and credibility in the market. This…
Around 94% of agile companies use Scrum as part of their workflow and more than ever, businesses are seeing the advantages it can bring in terms of collaboration and co-operation. Agile project management is essential to keep team members engaged and responsive in whatever they do. How does a Scrum workflow fit into all…
Dr. Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, has officially responded to reports concerning the alleged purchase of his National Identification Number (NIN) slip for N100 on a now-defunct website. Paradigm Initiative, a civil society organization, raised alarm that some unauthorised websites were claiming to hold and…
Kenya President William Ruto announced on Wednesday that he will halt the proposed tax hikes following significant public opposition. The decision comes after widespread protests against the plan to raise $2.3 billion in new levies resulted in the deaths of at least 23 individuals. The decision will be seen as…
As technology continues to develop at a rapid pace, the need for regular device updates has become increasingly vital, including Chromebooks. These versatile devices, widely adopted in both educational and business settings, require systematic refresh cycles to ensure they remain effective, secure, and up-to-date. The concept of a Chromebook refresh…
Kenyan President William Ruto has deployed military forces to quell nationwide anti-government protests that have resulted in at least five deaths and numerous injuries. The protests erupted in response to a new tax plan introduced by Ruto’s administration, aiming to raise an additional 302 billion shillings ($2.3 billion) in the…
The Nigeria Sovereign Investment Authority (NSIA) has revealed the 26 start-ups selected to participate in the Accelerator Stage (physical bootcamp) of the NSIA Prize for Innovation (NPI 2.0). This announcement follows a comprehensive evaluation and due diligence process on over 7,000 early-stage businesses, from which 100 start-ups were initially chosen.…
Julian Assange, the founder of WikiLeaks, has been released from a British prison and is set to plead guilty on Wednesday to violating US espionage law in a deal that will allow him to return to Australia after a lengthy legal battle. The agreement ends a 14-year ordeal for Assange,…