Author: Staff Writer

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…

In our rapidly changing world, each new discovery alters our reality, leaving an indelible mark on how we experience life. Each technological advancement builds upon the foundations of the past, ushering in uncharted possibilities and fresh ideas that redefine the way we interact with the world around us. For modern…

In a significant step towards promoting responsible content sharing and safeguarding the online community, short-form video hosting service TikTok has joined forces with Kenya to review and monitor its content. This collaborative effort, announced by President William Ruto, reflects a commitment to upholding guidelines that prioritize appropriate and respectful content…

In a recent development that has caught the attention of cryptocurrency enthusiasts and financial market observers alike, Mastercard and cryptocurrency exchange giant Binance are set to conclude their four crypto card programs in specific countries. The affected countries include Argentina, Brazil, Colombia, and Bahrain, with the cessation of these programs…

Bringing Financial Inclusion to Immigrant Communities LemFi, a trailblazing fintech platform dedicated to revolutionizing financial services for immigrants, has announced an impressive achievement in its journey. The company has successfully raised $33 million in its Series A funding round, with the lead investor being Left Lane Capital. Joining forces with…

WhatsApp, the popular instant messaging app, has unveiled a new feature that simplifies group creation for its users. In an announcement made by Meta CEO Mark Zuckerberg on both his Facebook and Instagram accounts, this update allows users to create groups without the necessity of assigning a group name during…

In a significant move to bolster women entrepreneurs across sub-Saharan Africa, the International Finance Corporation (IFC) has officially launched its She Wins Africa program. This groundbreaking initiative aims to provide crucial support to the growth of up to 5000 women-led startups by offering valuable advice, training, mentorship, and networking opportunities.…

Consultancy Celebrating 10 Years of Amplifying a Narrative of Opportunity, Growth, Inclusion, and Innovation   Cairo, Egypt – 23 August 2023 – Djembe Consultants (Djembe), an award-winning consultancy focusing on the African and Middle Eastern (MEA) regions, today announced a six-month campaign that will celebrate the Consultancy’s 10 year anniversary by…