Author: Staff Writer

In a major stride towards enhancing digital literacy and fostering economic growth, Google has unveiled an ambitious plan to train 20,000 Nigerian women and youth in digital skills. Alongside this initiative, the tech giant has committed a substantial grant of 1.2 billion naira ($1.6 million) to aid the Nigerian government’s…

YouTube Music is rolling out a new feature called “Samples” which is a new personalized music discovery feature in that shows viewers samples of new music. Showing as a new Tab in the YouTube Music app, it opens you up to a seamless feed of short form video segments to…

Founders Factory Africa, an African early-stage investor supporting founders in the continent, announced that it has secured $114 million to scale its model to better serve founders across the African tech ecosystem. This strategic boost, supported by the Mastercard Foundation and Johnson & Johnson Impact Ventures, underscores Founders Factory Africa’s…

In a monumental step towards bringing affordable solar-powered solutions to low-income households, d.light, a global provider of transformative household products, has announced the successful securing of a $30 million securitization facility from the Eastern and Southern African Trade and Development Bank Group (TDB Group). This financial boost comes with the…

MTN Group CEO Ralph Mupita announced that the company has agreed to sell a minority stake of its $5.2 billion Fintech business to Mastercard to support the acceleration and growth of its fintech business’s payments and remittance services. The announcement sent MTN shares 7 per cent higher by lunchtime on…

The path to food sovereignty and security in sub-Saharan Africa, particularly Nigeria, is being paved with innovation and determination. Bühler, a leading provider of food processing technology, is taking a pivotal step towards reshaping the region’s food landscape with the establishment of its Grain Processing and Innovation Center (GPIC) in…

Grinta, the pioneering e-commerce platform tailored to empower independent pharmacists across Africa and the Middle East, has announced the acquisition of Auto-Cure, marking its third strategic acquisition. This acquisition, sealed by Mohamed Azab, Co-founder and CEO at Grinta, and Mohamed Rezk, Co-founder of Auto-Cure, propels Grinta’s mission of revolutionizing the…

The Middle East’s leading seed and early-stage venture capital firm, Flat6Labs, has taken a groundbreaking step towards shaping the future of the construction technology (ConTech) industry with the launch of their “Makers” ConTech Accelerator Program. In partnership with SIAC and Dar Al-Handasah (Shair and Partners), this innovative initiative is set…

Moove, the pioneering global mobility fintech, has secured $76 million in a new funding round which includes $28 million in equity from both new and existing investors, led by Mubadala Investment Company, $10 million in venture debt from BlackRock-managed funds, and $38 million in previously undisclosed funds raised in the…

On August 9th, 1956, a significant event unfolded as more than 20,000 women from various racial backgrounds marched to Pretoria’s Union Buildings in South Africa. Their purpose was to protest against the legislation that mandated African women to carry passbooks. This act of courage kindled a flame that would spread…

Since 2016, Android users have enjoyed the convenience of using Facebook/Meta’s Messenger as an SMS app. However, this integration is slated to be discontinued in September. Those who rely on Facebook Messenger for SMS and MMS instead of Google or Samsung Messages are now receiving notifications about this forthcoming change.…

In a recent development, Elon Musk’s X, previously known as Twitter, has incurred a fine of $350,000 due to a failure to meet a crucial compliance deadline pertaining to a confidential search warrant involving former US President Donald Trump’s account. This incident is part of a wider investigation led by…

Airtel Africa and Mastercard have unveiled an innovative cross-border remittance service that will reshape the way individuals across 14 African markets send and receive money. This strategic partnership aims to empower Airtel subscribers with a seamless, secure, and swift remittance experience, strengthening financial connectivity and contributing to Africa’s economic growth.…

Sendy is shutting down its operations and is in advanced discussions about an acquisition. According to Meshack Alloys, Sendy co-founder in a confirmation to TechCrunch, “We are in the middle of an acquisition process. So yes, Sendy is being acquired. We will issue a formal joint statement in two weeks…

EMURGO Africa has announced a significant investment of USD 250,000 in Changeblock. This strategic move underscores EMURGO Africa’s commitment to driving innovation and progress in the blockchain space within the region. EMURGO Africa, the Africa and Middle East-focused venture arm of EMURGO is the official commercial arm and a founding…

Over the weekend, law enforcement conducted a raid on a Nairobi-based warehouse belonging to the cryptocurrency company WorldCoin, confiscating documents and materials. Armed with a search warrant, police officers visited the company’s offices along Mombasa Road and seized machines believed to contain the firm’s collected data. The obtained data was…

In an era where digital currencies and web3 environments are gaining increasing prominence, PayPal has taken a momentous step to revolutionize the landscape. The financial giant has introduced a U.S. dollar-denominated stablecoin named PayPal USD (PYUSD), aiming to harness the transformative potential of stablecoins in digital payments. Innovation Village reported…

Can someone remind again what the cause of the fight is? Why are two billionaires thinking of having a cage-fight? Elon Musk tweeted posted on Sunday that the cage fight will be live-streamed on his social media platform “X” formerly known as Twitter. He also added that the proceeds will…

The Federal Competition & Consumer Protection Commission (FCCPC) of Nigeria issued a statement delisting certain otherwise approved and registered Digital Money Lending companies and, or their Applications (apps) on the 20th of July 2023. The commission also said that by that action, the affected DMLs ceased to operate legally. According…

Moving to a new home comes with a mix of excitement and challenges. The relocation process can quickly become overwhelming, but you can turn it into a smooth and stress-free experience with proper planning and organization. This is where a comprehensive moving checklist plays a crucial role. When moving into…