TikTok has announced updates to its camera and editing tools with new features in Green Screen, one-tap video enhancements, new sound effects, and more. The video streaming platform in a blog post said, “At TikTok, we believe that you shouldn’t need to be a pro at video editing or an…
Author: Oluwasegun Olukotun
Safaricom has expanded its Baze Platform’s offerings to include music enabling its customers to enjoy a mobile-first, ad-free, music streaming experience from as little as KES 10 per day. The platform will offer customers unified access to their favourite local and international tracks and give Kenyan artists a new avenue…
Adobe has launched Creative Cloud Express, a unified task-based, web, and mobile product that makes it easy to create and share beautiful rich multimedia content – from social media posts and stories to invitations to marketing materials like logos, flyers, and banners. The new product allows users to drag-and-drop content…
The African Development Bank Group (AfDB) on Friday announced it has approved a $1.5 million grant to assess policy gaps in the digital trade and e-commerce ecosystems in 10 countries in Africa. The fund will go to the Smart Africa Alliance, an alliance of 32 African countries, international organisations, and…
Fintech company, Chippercash, has partnered with Ghana’s Developers in Vogue to provide the next generation of female developers with more advanced skills through education and training. Developers in Vogue (DiV) is a registered non-profit organization in Ghana that seeks to solve the problem of the underrepresentation of African women in…
The Board of Directors of the African Development Bank has approved a loan of $170 million to finance a digital and creative enterprises program in Nigeria. The investment in Digital and Creative Enterprises Program (i-DICE) is a Federal Government of Nigeria initiative promoting investment in digital and creative industries. It…
Former Twitter Chief, Jack Dorsey, has appointed three Nigerians and One South African to form the board of his Bitcoin Trust (BTrust) fund which will be explored for development in Africa and India. Dorsey who stepped down as Twitter CEO in November had in February announced the launch of a…
Global smart technology company, Oppo, on Wednesday announced the launch of its first foldable flagship smartphone, the OPPO Find N, on the second day of its annual OPPO INNO DAY showcase. A result of four years of research and development and six generations of prototypes, the OPPO Find N brings…
Africell on Wednesday made the first call on in its new network in Angola. The major technical milestone marks the start of network operations and prepares the way for a phased roll-out of services. Africell secured Angola’s 4th unified telecommunications license in February 2021. To reach a state of network readiness…
Banking software company, Temenos, has announced it is expanding its strategic relationship with Microsoft to meet the growing demand from banks for SaaS and banking services delivered by the Temenos’ Banking Cloud. The partnership between the tech companies is aimed at developing financial services offerings in the cloud to drive…
One of Egypt’s fastest-growing banks, ABK-Egypt, has sealed a strategic partnership with Mastercard to launch “ABK Pay Sticker” – a contactless payment solution to enable the growth of Egypt’s digital economy, enhance financial inclusion and provide consumers with a seamless payment experience. ABK Pay Sticker responds to the country’s increasing demand…
Alitheia IDF (AIF), Africa’s first women-led and women-focused private equity fund, has announced the final close of the $100 million fund with European Investment Bank (EIB) joining as the closing investor with $24.6 million. With this final close, Alitheia IDF becomes the largest gender-lens private equity fund by value in Africa.…
Edukoya, an Africa-focused online learning platform, has raised $3.5 million in a pre-seed round led by Target Global with strategic participation from angel investors including European and African founders such as Shola Akinlade – CEO and co-founder of Paystack (acquired by Stripe), Babs Ogundeyi and Musty Mustapha – founders of…
African mobility fintech, Moove, has launched operations in Nairobi, its first city in East Africa and sixth on the continent. To expand their vehicle and product offerings to customers, the revenue-based vehicle financing company has partnered with Uber to allow ride-hailing and delivery drivers to purchase motorcycles for Uber Connect,…
Location-based social networking and online dating application, Grindr, designed uniquely for the LGBTQ community has been fined €6.5m (£5.5m) for selling user data to advertisers. The Norwegian Data Protection Authority while reacting to the violation stated that sharing such data without seeking authorization broke the General Data Protection Regulation (GDPR)…
Nigerian Fintech platform and Open Finance (API Economy) pioneers Okra has launched a new product, Okra Lite, to help startups build great products. With Okra Lite early-stage startups can use Okra at a discounted pricing tier. Okra’s API empowers companies and developers to build products with seamless access to inclusive…
2021 Time’s Person of the Year, Elon Musk, has revealed that his neurotechnology company Neuralink might start implanting its brain chips in humans in 2022. According to Musk, the first recipients will be people with severe spinal cord injuries. Founded by Elon Musk, Max Hodak, Ben Rapoport, Dongjin Seo, Paul…
54gene has announced the launch of its diagnostic arm; 7RiverLabs. The diagnostic hubs fitted with state-of-the-art technology will offer healthcare providers and patients access to world-class, cost-effective, speedy, reliable and advanced molecular diagnostics. The health technology platform has already opened sample collection centres with over 100 employees in Lagos, Abuja,…
MTN and Mafab Communications Ltd have emerged winners of the 3.5 gigahertz (GHz) spectrum auction for the deployment of Fifth Generation (5G) technology to support the delivery of ubiquitous broadband services in Nigeria. The two emerged winners after 11 rounds of bidding that last eight hours. The winners came tops…
Jobberman Nigeria has officially signed a partnership agreement with UNICEF’s Generation Unlimited (GenU) to support its workforce readiness programme. Jobberman Nigeria’s CEO, Rolake Rosiji, and #GenUNigeria’s Secretariat Lead & Chief of UNICEF Lagos office, Celine Lafoucriere formally signed the partnership MOU in Lagos in December 1st, 2021. Also present was…