The UK Export Finance (UKEF) has disclosed it has granted funding worth $172.2m (£140m) to boost new development projects in Angola, plus $101.6m (£82.6m) which will assist Glasgow-based utility contracting service IQA to install new electricity infrastructure in Northern Angola. The project is in line with the Angolan’s government to…
Author: Oluwasegun Olukotun
The Rwanda Government has been endowed with funds worth USD 20million following a loan deal signed with OPEC Fund for International Development (OFID). The country will utilize the funds to boost the provision of water and maintenance of sanitation infrastructure in the capital city of Kigali and six other cities…
Nigeria’s technology leaders have launched #StopRobbingUs, a campaign to put an end to the common practice where Nigerian police stop young people with laptops and unlawfully arrest, attack or, in extreme circumstances, kidnap them, forcing them to withdraw funds from their bank accounts in order to regain their freedom. Working…
Co-creation Hub (CcHUB), the leading technology innovation centre in Nigeria, has acquired Kenya’s iHub for an undisclosed fee. The deal will see iHub’s team become part of CcHUB’s wider central support and strategy network, whilst retaining its name and senior management structure. CcHUB’s co-founder Bosun Tijani continues as CEO across…
On Tuesday, 24 September, the price of Bitcoin dropped by 18 percent – the largest intraday drop in the cryptocurrency’s price since January 2018. The price of Bitcoin has since stabilized, but the size of the drop has sent shockwaves through cryptocurrency exchanges across the world. According to Marius Reitz,…
The Hon. Minister of Communications, Dr. Isa Ali Pantami, has emphasized the commitment of the Federal Government to actively leverage Information and Communication Technology (ICT) to fight insecurity and improve the safety of lives and properties in the country. The Minister affirmed this during the commission of the first Emergency…
Facebook has acquired mind-reading neural wristband startup, CTRL-Labs which is working on devices that can pick up electrical signals from the brain and transmit them to a computer. The startup has created a wristband that can pick up and interpret signals sent by the brain to the hand, instructing it…
Instant messaging mobile app, Kik Messenger has announced it is shutting down despite having millions of active users around the world. The company revealed it came to the decision so it could focus on the Kin cryptocurrency it has also created. In a blog, Kik Interactive said the decision had…
Samsung has officially announced it will launch its Galaxy Fold in the U.S on September 27. The phone was due for launch on April 25 but it reportedly went through a recall and delays after tech journalists reviewing it ran into hardware issues. According to Digital Trends, the foldable phone,…
Video platform Vimeo has launched a new online marketplace Vimeo For Hire to connect Videographers with businesses looking for video content. The new online marketplace enables businesses to post project requests by creating a listing. Subsequently, freelancers can surf through the listings and offer their skills to complete the job.…
The Nigerian Communications Commission (NCC) has again appealed to telecom consumers to join hands with the Commission in its efforts to ensure the protection of telecom infrastructure. The NCC wants citizens to take interest in the security of telecom infrastructure within and around their localities because safe and secured infrastructure…
Video sharing website Youtube has a made a u-turn on its decision to strip many popular video-streamers of “verified” status badge. Youtube had made the decision to ensure that ID checks are more rigorous and to also get rid of impersonators. However, the proposed change was not well received by…
The World Bank has given a loan of USD 2.5 Billion to Nigeria to help boost the power sector of the West African country. According to the World Bank, about 80 million Nigerians lack access to sustainable electricity. However, the bank hopes the latest input will help turn this around.…
The Kano Zonal Office of the Nigerian Communication Commission has continued to employ a ‘push approach’ in its activities in order to enhance the impact of consumer engagement and education. This proactive approach which focuses on ‘meet and engage’ was given fine expression on two different occasions in Kano recently.…
Are you rich in ideas and do you have innovative solutions to the pervasive Lagos traffic? If your answer is yes, then Lagos wants to collaborate with you. $5 million is up for grabs to innovate ideas that tackle traffic problems in Lagos in the Social Innovation Challenge. #ekotraffic is…
Instagram has rolled out new rules censoring posts made about weight loss products and cosmetic surgery. One of the highlights of these rules is that posts will be hidden from under-18s while others promoting “miraculous” weight loss products will be removed. Many have expressed great concerns over the effect promoting…
Researchers have developed a new tool that can help mark out Twitter accounts engaging in bullying with over 90% accuracy. The algorithms work by classifying two specific types of offensive online behavior -cyber-bullying and cyber-aggression. Researchers at Binghamton University say it could be used to help find and delete abusive…
Andela, the company that builds distributed engineering teams with Africa’s top software engineers, is announcing the departure of approximately 250 junior engineers and staff from its Nigeria and Uganda hubs with another 170 potentially impacted in Kenya. The company is also closing the D0 program in Nigeria, Kenya, and Uganda.…
“Cybercrime is on the increase and service providers must provide on their networks the necessary technological solutions and measures to mitigate telecoms consumers’ exposure to cybercrime”. Felicia Onwuegbuchulam, Director Consumer Affairs Bureau, Nigerian Communications Commission (NCC) stated this on Thursday, September 12, 2019, at the 110th edition of Consumer Outreach…
The World Bank has authorized a USD 450 million aid facility to Tanzania lifting an aid embargo it had imposed on the country over hostile government policies. The global financial institution had expressed reservations over Tanzania’s harsh government policies which had seen the country’s government denied financial injections since 2018.…