The Infrastructure Corporation of Africa LLC (ICA), based in the United Arab Emirates, is set to acquire a 60% stake in Telkom Kenya from the London-based private equity firm Helios. This transaction follows a competitive process and was confirmed by Kenya’s finance ministry. In a significant development, the Kenyan cabinet…
Author: Staff Writer
The streaming service provider Netflix is set to discontinue its complimentary plan in Kenya, effective from next month. This decision is expected to impact thousands of subscribers who have enjoyed free access since 2021. In a message sent to users on Tuesday, Netflix conveyed that once the free service is…
Spotify announced that it will be making over 150,000 audiobooks with your Spotify Premium Subscription. The streaming giant says that each Premium individual, as well as plan managers for Family and Duo accounts, is getting 15 hours of listening every month, giving you the chance to enjoy as many titles…
Wahu Mobility Ltd. (Wahu), a trailblazer in the electric mobility sector, announced that it has secured an undisclosed investment from Blue Lion, a distinguished Family Office and Central investment firm affiliated with the German family-owned Schörghuber Corporate Group. Blue Lion’s commitment to supporting sustainable and cutting-edge technology solutions has marked…
Disco lights can be a key component to any dance floor, adding extra excitement and atmosphere for all the revelers. As technology has advanced over the years, the type of lighting used in these establishments has changed too! With so many different options available, it can be difficult to know…
The emergence of institutional investors in the cryptocurrency sector marks a transformation in the landscape of digital assets. Historically, cryptocurrencies were perceived as niche, speculative instruments primarily favored by retail traders and tech enthusiasts. However, in recent years, institutional investors have started paying serious attention to digital assets, entering the…
Apple unveiled the iPhone 15 and iPhone 15 Pro devices on the the 12th of September and stated that the devices will be available as from the 22nd of Spetember 2023. Apple started shipping out the iPhone 15 series as promised. However reports have been coming in that the iPhone…
X (Twitter) CEO, Linda Yaccarino stated on the social media platform that the company has paid almost $20 million to creators. In July this year, X launched its Creator Ads Revenue Sharing program where creators get a share in ad revenue they earned from ads served in the replies to…
Google has officially opened the application process for the Hustle Academy SME fund, making N75 million accessible to 15 small business owners in Nigeria. Notably, this fund is devoid of any equity requirements, reaffirming Google’s dedication to nurturing entrepreneurial growth within Nigeria.. Introduced in 2022, Google’s Hustle Academy provides SMEs…
Ad Dynamo, a subsidiary of the Aleph Group, Inc., has announced a strategic partnership with TikTok, a leading platform for short-form mobile videos in Africa. Ad Dynamo operates as a global ecosystem of digital experts and technology-driven solutions that connect advertisers with consumers worldwide. This sales partnership became effective on…
Just five days after its debut on Netflix, “The Black Book,” has hit the number one position worldwide on the video streaming platform, according to Flixpatrol. This is Editi Effiong’s directorial debut and the Nollywood film is about a bereaved deacon, Paul Erima (played by veteran actor Richard Mofe-Damijo) taking justice…
Revio, the payment orchestration platform that assists merchants in optimizing their order-to-cash lifecycle, has just unveiled a seed investment round of $5.2 million. This funding round was spearheaded by the prominent fintech fund QED Investors, with the participation of Partech and ongoing support from Revio’s existing investors, including Speedinvest, RaliCap,…
Six (6) African startups have been selected to be part of the Google for Startups: AI for Health program. They are as follows: They make up a list of 30 startups selected from Europe, the Middle East and Africa that will undergo the three-month program providing healthcare and wellbeing startups…
EBANX, Brazilian payments unicorn, announced that it has expanded its presence in Africa by setting up operations in eight more countries namely Côte d’Ivoire, Egypt, Ghana, Morocco, Senegal, Tanzania, Uganda, and Zambia. This strategic expansion comes on the heels of EBANX’s successful foray into the African market in September 2022,…
In line with the resolve of the Ministry of Communications, Innovation and Digital Economy to build a robust framework for the training of one million technical talents over the next three years and the Presidency’s goal of creating two million digital jobs. Nithub University of Lagos in partnership with Moniepoint…
Opera announced that Opera Mini has achieved over 1 billion downloads on Google Play store. This remarkable feat is a testament to the enduring popularity and unwavering trust Opera Opera Mini emerged on the scene 18 years ago with a clear mission – to address the challenges faced by users…
OpenAI is rolling out new voice and image capabilities in ChatGPT. These offer a new, more intuitive type of interface by allowing you to have a voice conversation or show ChatGPT what you’re talking about. With voice and image capabilities, you have more ways to interact or use ChatGPT in…
The 2023 edition of the the Nigeria Innovation Summit (NIS) has received the support and partnership of the critical stakeholders in the innovation ecosystem. Some of them include CoinEx; the Office for Nigeria Digital Innovation (ONDI); International Society for Professional Innovation Management (ISPIM); PwC; NITDA IT HUB (Nithub); VC4A; CcHub; African AI…
OpenAI has unveiled the latest iteration of its text-to-image tool, DALL-E, DALL-E 3, which features full integration with ChatGPT. It now lets users use ChatGPT to create prompts. Utilizing ChatGPT streamlines the process for users who don’t want to create detailed prompts themselves to guide DALL-E 3. Instead, they can simply…
Facebook has introduced a new feature that allows users to create multiple personal profiles, aiming to offer a greater sense of freedom and control on the platform. This move addresses the concerns of users who prefer to separate their personal and professional lives, enabling them to share content with specific…