If you are a regular iPhone user and have ever accidentally submerged it in water, you’ve likely encountered a tip suggesting a remedy involves placing the wet iPhone in a bowl or bag of uncooked rice. The idea is that the rice absorbs the surplus water from the phone. Now…
Author: Staff Writer
Staff Writer
I am a staff at Innovation Village.
In an era where smartphones have become an extension of ourselves, the need to protect our personal and sensitive data on these devices has never been more critical. From banking details and photos to messages and passwords, our mobile phones hold a lot of what makes us who we are…
In a significant step towards enhancing financial inclusion, particularly for smallholder farmers in Mozambique, the International Finance Corporation (IFC) has inked a collaboration agreement with Vodafone M-PESA Mozambique. This partnership aims to leverage the power of mobile money services to reach rural areas and uplift the agricultural sector, a critical…
Neuralink founder and billionaire, Elon Musk says the patient implanted with Neuralink’s brain technology can now control a computer mouse just by thinking. He made this known in a Spaces event on social media platform X; “Progress is good, and the patient seems to have made a full recovery, with…
Sawari Ventures, a prominent investment company, has announced its ambitious plans to launch a new fund with a targeted investment of approximately $150 million, dedicated to fostering the growth of Egyptian startups. The CEO and co-founder of Sawari Ventures, Hani Al Sanbati, highlighted the company’s strategic focus on various sectors,…
FairMoney, a prominent digital bank headquartered in Paris with operations in Lagos, is reportedly in early-stage discussions to acquire Umba, a credit-focused digital bank providing financial services in Nigeria and Kenya. The potential $20 million all-stock deal highlights FairMoney’s strategic interest in expanding its footprint, especially in the Kenyan market.…
Esports, once confined to niche communities, has undergone a remarkable transformation, transcending geographical boundaries to become a global cultural phenomenon. From humble beginnings in local arcades and LAN parties to sold-out stadiums and multi-million-dollar tournaments, the rise of competitive gaming has captured the imagination of millions around the world. Within…
According to a New York Times report, OpenAI has sealed a deal catapulting its valuation to a staggering $80 billion or more, marking a remarkable tripling of its worth in under 10 months. The San Francisco-based artificial intelligence powerhouse executed the transaction through a tender offer led by venture firm…
In a strategic move to revolutionize last-mile transportation in Nigeria, electric-scooter startup Spiro is enticing motorbike taxi operators to embrace the green alternative amid regulatory challenges. Teaming up with the Ogun State government, Spiro plans to deploy 250 stations over the next six months, allowing drivers to seamlessly switch electric…
The Honourable Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, declared that the 2nd phase of the 3MTT programme will be announced on Thursday February 29th, 2024 with a projected training start date in March. This declaration was made by the Minister via a post on X on…
In the contemporary landscape, where data reigns supreme, the demand for adept professionals capable of navigating and extracting insights from expansive datasets is more pressing than ever. Introducing our comprehensive Data Analytics training program, we address the growing need for skilled data analysts in a world increasingly reliant on data-driven…
The world of Artificial Intelligence (AI) has witnessed a fascinating evolution. From the days of rigid programming to the era of complex self-learning models, the focus has shifted from building intelligent machines to unleashing their potential. This is where the prompt engineer emerges, a new breed of specialist whispering instructions…
Save the date! On February 23rd and 24th, 2024, the Landmark Center in Victoria Island, Lagos, will be buzzing with groundbreaking discussions and innovative ideas at the InnovateAI Conference Lagos 2024. Featuring an impressive lineup of executives from diverse sectors, this conference is poised to redefine the AI landscape in…
Disney Animation and Kugali have released the official trailer for their highly anticipated series, Iwájú, a groundbreaking animated project set in a futuristic Lagos, Nigeria. Created in collaboration with Pan-African comic book entertainment company Kugali, Iwájú promises to be a visually stunning and culturally rich coming-of-age story. The series, consisting…
Planning for retirement is a crucial aspect of financial management. A well-thought-out retirement planning guide can distinguish between a comfortable retirement and financial struggles in your later years. It’s about more than just saving money; it involves a comprehensive approach to ensure long-term security. This article explores the key steps…
The Central Bank of Nigeria (CBN) has introduced a significant policy shift, instructing authorized dealer banks to discontinue the payout of Personal Travel Allowance (PTA) and Business Travel Allowance (BTA) in cash. Instead, these travel allowances must now be processed through electronic channels, which include debit or credit cards. This…
OpenAI has just introduced Sora, its text-to-video AI model to rival the likes of Midjourney, Runway, Pika and even Google’s Lumiere figures. According the AI company, “Sora can generate videos up to a minute long while maintaining visual quality and adherence to the user’s prompt.” “Sora is able to generate…
Performance management startup SocialCrowd has secured $1.6 million in a pre-seed funding round led by Bread and Butter Ventures, according to an exclusive report from TechCrunch. Other participants in the funding round included VC 414, Serac Ventures, and Gala Capital Partners. SocialCrowd intends to use the pre-seed funds to grow…
The Catalyst Fund today announced an investment of $1.8 million in 9 early-stage climate tech startups across Africa. This brings their total portfolio to 19 companies driving climate adaptation and resilience on the continent across 8 different markets: Kenya, Egypt, Morocco, Nigeria, Senegal, South Africa, Tanzania, and Uganda. The startups…
In a recent Series A funding round, Roam, a Kenyan electric vehicle (EV) startup, has successfully raised $24 million, with a significant $10 million debt commitment from the U.S International Development Finance Corporation (DFC). The funding is earmarked for expanding the production of electric motorcycles and buses, marking a significant…