Author: Staff Writer

Kubik, a startup focused on plastic upcycling, has secured a $1.86 million seed extension, closing its $5.2 million seed funding round. It announced an initial raise of $3.34 million in June 2023. This significant milestone not only marks Kubik’s emergence as a key player in the climate and sustainability solutions…

Zipline, the pioneering force in drone logistics delivery, recently achieved a remarkable milestone: one million commercial deliveries completed. This feat marks a significant leap forward in the medical supply chain, particularly in Africa, where Zipline has established itself as a leader in life-saving drone deliveries. Founded in 2014 by Keller…

The US Senate’s recent passage of the “Protecting American User Data Act” (PAUDA) has thrown the future of TikTok, the wildly popular short-form video platform, into uncertainty. The bill, signed into law by President Biden on April 24th, 2024, forces TikTok’s parent company, ByteDance, a Chinese tech giant, to either…

In a recent development for renewable energy initiatives, Xlinks First Ltd. has announced a substantial investment of $14.1 million from Africa Finance Corporation (AFC), the premier infrastructure solutions provider on the African continent. This investment is set to propel the advancement of Xlinks’ ambitious Morocco – UK Power Project, aimed…

Introduction In the realm of database management, mastering SQL (Structured Query Language) is akin to becoming a ninja – agile, precise, and adept at manipulating data with finesse. While many may possess basic SQL skills, unlocking the full potential of database management requires delving into advanced techniques that can elevate…

The Ray-Ban Meta smart glasses just received a significant upgrade, making them even smarter and more appealing. Meta announced the update on April 23rd, 2024, bringing a wave of new features to its stylish specs. CEO Mark Zuckerberg shared an Instagram reel showing off the new cat-eye frame style for the glasses…

In a controversial move with global implications, the US Senate passed a bill on April 23rd, 2024, that could significantly alter the social media landscape. The bill, titled the “Protecting American User Data Act” (PAUDA), forces TikTok, the wildly popular short-form video platform owned by the Chinese tech giant ByteDance,…

Ever wondered if you could leverage AI to write your blog content? Technology like ChatGPT offers intriguing possibilities, but how does Google view AI-generated articles? Let’s dive in and explore the impact of AI on content creation and how to ensure your blog thrives. Google Prioritizes Quality, Not Origin The…

Nigeria has taken a significant step towards becoming a leader in Artificial Intelligence (AI) with the launch of its first Multilingual Large Language Model (LLM). This innovative project, spearheaded by the Ministry of Communications, Innovation and Digital Economy, promises to enhance AI capabilities and empower the nation’s technological advancement. Announcing…

The rise of digital assets and blockchains presents opportunities for businesses in the DeFi sector, cryptocurrency trading, and P2P exchange facilitation. However, choosing the right business plan is crucial, whether starting an exchange or running a brokerage business. Crypto Brokers and Crypto Exchanges Crypto brokers and exchanges are distinct business…

The payment processing industry is expanding, with non-blockchain companies recognising the benefits of incorporating crypto payments. With over 500 million digital currency users globally, accepting crypto assets as a fiat currency substitute is becoming increasingly popular. This article will assess an open-source payment gateway, outlining its benefits and drawbacks. Why…

There has been substantial growth in the financial market, resulting in a rise in companies making profits from traders and investors. This has simplified the entry process for new companies looking to assist customers in buying and selling stocks, catering to specific client groups. Emerging technologies and intermediaries are being…

Electronic trading systems have definitely reshaped the way trading investing in the financial markets work, which gave rise to new exchange software to appear and more brokerage firms to emerge. Most of these platforms’ capabilities are powered by API infrastructure that ensures the proper working of the software features, especially…

An essential component for businesses in trading and finance is a liquidity provider (LP). They can enhance the functionality of the trading platform to improve transaction speed, reduce expenses, and provide businesses with market access. Nonetheless, finding a dependable LP can be tough as there are numerous options to consider.…

The Nigerian government, in collaboration with the private sector, is poised to launch its Compressed Natural Gas (CNG) initiative, marking a significant step towards reducing reliance on traditional fuels and promoting environmental sustainability. With President Bola Tinubu’s administration set to mark its first anniversary on May 29, the government is…

The Fund for Export Development in Africa (FEDA), Afreximbank’s impact investment arm, has made a significant investment in Bloom Africa Holdings Limited (BAHL), a regional financial services platform operating across West Africa. BAHL, through its subsidiaries operating as Bloom Bank Africa, provides full-service commercial banking solutions across Gambia, Sierra Leone,…

The highly anticipated fourth Bitcoin halving event took place on Friday, April 19th, 2024. But unlike the dramatic price surges seen in previous halvings, the immediate aftermath has been…well, uneventful. Let’s delve into what exactly happened and what it might mean for the future of Bitcoin. What is a Bitcoin…

In today’s digital age, we’re bombarded with content. From social media feeds to endless streaming platforms, consuming content is easier than ever. But have you considered the power and benefits of being a content creator? Here are 7 compelling reasons why investing your time and energy into creating content might…

Last week, we reported that Meta introduced Meta AI’, a powerful conversational AI chatbot, into WhatsApp in India and parts of Africa. Today, Meta AI has expanded into seven countries in Sub Saharan Africa including Nigeria, South Africa, Ghana, Uganda, Zambia, Zimbabwe and Malawi. Built with Llama 3, it is now…

Nigeria is poised to take a significant step in protecting its telecommunications infrastructure, with plans underway to criminalize the destruction of broadband fibre cables, according to reports from Bloomberg. This move comes in response to repeated complaints by MTN Nigeria Communications Plc and other telecom companies, who have reported significant…