Author: Staff Writer

MARA, a pan-African crypto exchange platform, announced that it has raised $23 million in seed funding to increase the participation of Africans in the crypto economy. The investors in this round include Coinbase Ventures, Alameda Research (FTX) and Distributed Global. Other VCs in the round include TQ Ventures, DIGITAL, Nexo,…

On Tuesday, Tech giant Apple announced that it was discontinuing its music player, the iPod. Apple launched the iPod device in 2001 which could store up to 1,000 tracks and it was hailed as a device that revolutionised the way people listened to music. With the slogan “1,000 songs in your…

Ethio Telecom, Ethiopia state-owned mobile provider, launched its 5G network service on Monday, 9th May 2022. The service will first be available in the capital Addis Ababa, before eventually spreading to other parts of the country. It will be available in Addis Ababa and outside the capital in the coming…

Billionaire Elon Musk says that he would reverse former US President Donald Trump’s Twitter ban when he takes over the reigns at the social media company. He is currently putting together the funds required for the $44bn acquisition of Twitter. Donald Trump was banned from Twitter on the 8th of…

Instagram will start testing NFTs with select creators in the United States this week. According to Adam Mosseri, the head of the social media platform, there will be no fees associated with posting or sharing the digital collectibles on the platform. Mark Zuckerberg corroborated this in his talk with Tom…

Airtel Africa, one of the foremost mobile telecoms company operating in Nigeria, disclosed that its subsidiary, SMARTCASH Payment Service Bank limited (‘Smartcash’) has secured Central Bank of Nigeria’s approval to commence Payment Service Bank (PSB) operations. According to the Chief Executive, Airtel Africa, Mr. Segun Ogunsanya, “I am very pleased…

2021 was a truly transformative year for the mobile app industry. In light of multiple lockdowns as well as wholesale privacy changes affecting user acquisition on iOS, consumer habits and user behavior patterns have undergone immense change and impressive growth. But how have these challenges affected the app marketing ecosystem?…

Entrepreneurs claim that finance is one of the top three ingredients required for a successful business. So they have to find out ways of raising funds for their companies. Entrepreneurs have various avenues to raise funds for their businesses and one of the ways is through investments by Angel Investors…

Three tech giants Apple, Google and Microsoft are planning to kill off the use of passwords across mobile, desktop and browsers. They have announced plans to expand support for a common passwordless sign-in standard created by the FIDO Alliance and the World Wide Web Consortium. Passwords have been a notorious…

WhatsApp, a meta messaging company has announced that it is slowly rolling new features to its user base. One of the new features is the increase in the group size from 256 to 512. This means you can now have 512 people in a group chat. According to the company…

South African based mobility startup, WhereIsMyTransport, has successfully completed the mapping of 50 cities in Africa, Latin America, Southeast Europe, and Asia, thus becoming the first company to provide full-coverage mobility and Point Of Interest data in all of these markets. WhereIsMyTransport is a leading technology company and central source…

Facebook has informed its users that it will be discontinuing location-based features such as Nearby Friends, Weather Alerts. They will no longer be available after May 31, 2022. Introduced in 2014, Nearby Friends lets you and your friends share your locations with each other. When enabled, you’ll be notified when…

Regulatory fillings show that a group of notable investors have provided $7.1 billion to Elon Musk in support of his $44 billion acquisition of Twitter. The highest investor as at the time of writing this article, is Oracle co-founder Larry Ellison, who is also an investor in Tesla. Through the…

Google has announced that it is shutting down YouTube Go this year. The lightweight version of the online video sharing and social media platform was launched in September 2017 in Nigeria after its launch in India the same year. YouTube Go is designed to help users manage their data in…

Konga, a Nigerian e-commerce giant, announced that it is going live with its online food delivery business, Konga Food, on Monday 9th of May 2022. According to the company, Konga Food has been subjected to rigorous testing during its pilot phase and it is now ready to launch to the…

Kwely, a Senegalese-based B2B marketplace startup, announced that it has closed a $1 million seed round after raising a new funding round of $700,000 led by WIC Capital with participation from Loftyinc Capital, Afropreneur Angels, Haskè Ventures and other angel investors. This follows the initial $250,000 raised in July 2021…

Starting a small business is a great way to get more freedom. If you’ve been working a 9-5 for most of your career, you could use some of your expertise to start a business. You don’t necessarily need to have formal expertise in a field to start a business, however,…

As the pandemic wreaked havoc on economies and assets worldwide, a certain digital currency was able to withstand the storm and is still growing strong. Yes, we are talking about cryptocurrency, slowly becoming a widely accepted payment mode and a worthy asset. With cryptocurrency, you can pay for things online…

Electronic Arts (otherwise known as EA) is working on allowing players connect across multiple platforms and is testing cross-play functionality on the PlayStation 5, Xbox Series X|S, and Stadia versions of EA SPORTS FIFA 22 This makes it possible to have a wider pool of competitors that you can play…

Meta is set to Project Cambria, a high-end VR and mixed-reality headset by September this year, according to The Information. It will also release three other headsets before the end of 2024. All these were revealed in a report made available to The Information recently. The report stated that Cambria…