Author: Staff Writer

The United Arab Emirates (UAE) has pledged a substantial $4.5 billion investment to accelerate clean energy initiatives across Africa. This landmark commitment was announced by COP28 President-Designate Sultan Al Jaber during the Africa Climate Summit currently taking place in Nairobi, Kenya. The UAE’s commitment to advancing global climate action is…

Tech giant Google has appointed Alex Okosi as the Managing Director for Africa. Before the appointment, he was Managing Director of Emerging Markets for YouTube in Europe, Middle East and Africa (EMEA). Okosi was in charge of in steering the platform’s growth in Africa, the Middle East, and Turkey. In…

Kenyan fintech Lipa Later has launched a crowdfunding campaign on Republic in a bid to raise $1.24 million at a N30 million valuation. Republic is a worldwide investor ecosystem that opens up retail investment opportunities on a global scale. It offers individuals the opportunity to invest in various asset classes,…

Safaricom’s M-PESA is set to introduce standing orders, a groundbreaking move in the mobile money industry. George Njuguna, the telco’s Chief Information Officer, made this announcement, highlighting that M-PESA will be the world’s first mobile money platform to offer this feature, despite standing orders being relatively common in traditional and…

Sehatech, a leading healthtech startup. announced that it has secured $850,000 in funding from prominent investors A15 and Beltone Venture Capital, a subsidiary of Beltone Holding Company. This injection of capital is set to catapult Sehatech into a pivotal role in revolutionizing healthcare administration through technology. Sehatech says it will…

Embedded finance fintech startup, Anchor, has secured $2.4 million in a recent seed funding round, with Goat Capital leading the investment. The round also saw participation from prominent backers like FoundersX, Rebel Fund, Pioneer Fund, Y Combinator, Byld Ventures, and Future Africa, among others. Anchor’s innovative approach to finance has…

In today’s digital age, the world of work is rapidly evolving. With the rise of remote work and freelancing, people from all over the globe are discovering new opportunities to earn a living and pursue their passions. Africa, with its diverse talent pool and innovative spirit, has become a hub…

In a significant milestone for environmental sustainability, Africa has inaugurated its first verifiable emissions reduction platform, making history with a carbon futures transaction involving over two million credits. This groundbreaking achievement underscores the continent’s commitment to addressing climate change and its potential to unlock opportunities for climate projects and sovereign…

Khalil Suleiman Halilu has been appointed as the new Executive Vice Chairman & Chief Executive Officer of National Agency for Science and Engineering Infrastructure in Nigeria with immediate effect. He is taking over from Dr. Bashir Gwandu whose tenure has been terminated just after four months. The announcement was made…

Traveling in Nigeria, with its diverse cultures, breathtaking landscapes, and vibrant cities, is an adventure waiting to happen. Whether you’re planning a weekend getaway or a cross-country exploration, having the right tools at your fingertips can make your journey smoother and more enjoyable. In this blog post, we’ll introduce you…

Sony has just unveiled its latest compact flagship – the Xperia 5 V. The phone introduces an overhauled camera system that drops the telephoto unit while incorporating a significantly larger primary sensor. Weighing 187g, the Xperia 5 V measures 165mm by 71mm by 8.3mm. It sports a 6.5″ 21:9 wide…

Tecno has introduced its latest innovation from the R&D labs – the concept of a rollable smartphone named Phantom Ultimate. This device expands sideways, swiftly increasing the display size from 6.55 inches to 7.11 inches in just 1.2 to 1.3 seconds. Notably, this concept device from Tecno closely resembles the…

Ten months after receiving a Payment Service Provider Authorisation from the Central Bank of Kenya and launch of its Kenya private beta, Paystack is now live in Kenya. According to the payments giant, it learnt a lot from over 700 businesses that signed up for the beta and adapted the…

Universal Music Group (UMG), the world’s leader in music-based entertainment, has entered into an agreement to acquire Chabaka, MENA’s leading digitally-focused music distribution business that empowers independent artists and labels. Chabaka offers an array of services encompassing digital distribution, marketing, publishing, as well as label and artist support in the…

In a pioneering move, Meta recently orchestrated an educational in-person initiative in Nigeria known as the Creator Lab Live. This unique event welcomed over 40 young and aspiring creators, providing them with a platform to learn from industry experts and engage in collaborative endeavors with fellow creators. The Creator Lab…

Telecom services provider Airtel Uganda Ltd, a subsidiary of Airtel Africa plc and backed by billionaire Sunil Mittal, has unveiled its ambitious plan to raise 800 billion Ugandan shillings (approximately $216 million) through an initial public offering (IPO). This strategic move was announced in a statement released on Tuesday. Setting…

SeekMake, a Tunisian-based startup, announced that it has recently secured a significant investment totaling 500,000 euros (equivalent to 539,000 USD) from Lafayette group for global expansion. Lafayette group is an European private equity firm with stakes in major manufacturing companies across the continent. This is its first venture into supporting…

Dr. ‘Bosun Tijani, the Minister of Communication, Innovations and Digital Economy, Federal Republic of Nigeria is calling on top AI researchers of Nigerian descent globally to get involved in the process of crafting a National Artificial Intelligence (AI) Strategy. He made this known in a recently released white paper which…

Google is set to license a series of new mapping datasets to a diverse range of companies, ushering in a wave of innovation in the renewable energy sector. With aspirations to generate up to $100 million in its debut year, this initiative signifies Google’s commitment to reshaping the landscape of…

OpenAI has launched a ChatGPT plan for Enterprise customers. According to the company, the plan offers enterprise-grade security and privacy, unlimited higher-speed GPT-4 access, longer context windows for processing longer inputs, advanced data analysis capabilities, customization options, and much more. The company says it believes that Artificial Intelligence can facilitate…