IFC has announced the appointment of Kalim M. Shah as its Senior Country Manager for Nigeria to support the long-term, inclusive growth of Nigeria’s private sector. In his new role, Shah will lead IFC’s efforts to help strengthen Nigeria’s economy, create jobs and opportunities, and support the country’s private sector…
Author: Oluwasegun Olukotun
Audiomack has launched the Audiomack Monetization Programme, its direct monetization program. The initiative is available worldwide on four continents and has now gone live in Nigeria, Ghana, Kenya, Mexico (LATAM), India (South Asia), Trinidad & Tobago, Haiti, and Europe. Due to the power and ease of AMP, Audiomack stands out…
M-KOPA, the leading connected asset financing platform, today announced it has officially expanded to Nigeria. To lead the Nigeria team, M-KOPA has named Babajide Duroshola as the new General Manager. A part of the tech company’s broader expansion strategy, the move into the Nigerian market signals M-KOPA’s focus on offering…
Nokia has introduced iSIM Secure Connect to help communication service providers (CSPs) and enterprises deliver new 5G mobile and IoT services, and more efficiently and securely manage machine-to-machine (M2M) and consumer device subscriptions for eSIM- and iSIM-enabled devices. Embedded SIM (eSIM) and integrated SIM (iSIM) are technologies used for authenticating…
American wireless network operator, Verizon on Friday announced the formation of Robotics Business Technology to expand enterprise solutions for aerial (drones) and ground robotics. Robotics Business Technology includes Skyward, Verizon’s drone management company, incubed IT, a leading developer of software for autonomous mobile robots recently acquired by Verizon, and a…
The University of Oxford has started vaccinations of a novel HIV vaccine candidate as part of a Phase I clinical trial in the UK. The goal of the trial, known as HIV-CORE 0052, is to evaluate the safety, tolerability, and immunogenicity of the HIVconsvX vaccine – a mosaic vaccine targeting…
To foster growth for both the formal and informal sector in Zambia, Pan-African financial technology company, Cellulant rolls out Tingg, a digital payments platform enabling businesses and their consumers to accept and make payments seamlessly Payment technology over the years has completely transformed how retailers operate. Thirty years ago, most…
Ada Animation, an entertainment Tech company under the Ada Labs Africa group of ventures, today announced its pre-seed capital raise from Nigerian venture capital firm Platform Capital through its technology vehicle, Unicorn Group. This investment is a first of its kind in East Africa and is set to elevate entertainment…
After the global record-breaking success of Bridgerton, Netflix and prolific producer Shonda Rhimes are extending their creative content relationship. A new pact expands the current deal with Rhimes, her company Shondaland as well as her long-standing producing partner Betsy Beers. The newly expanded partnership will give Netflix and Shondaland Media…
One of the world’s leading liner shipping companies, Hapag-Lloyd, on Thursday successfully closed the acquisition of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch). After signing a sales and purchase agreement in March, Hapag-Lloyd has now formally acquired all shares of the company after all responsible antitrust authorities…
Samsung is making the process of home cleaning effortless with Samsung’s Jet Bot AI+, the company’s advanced robotic vacuum, which is designed to give your home a fast, efficient, deep clean—and you barely have to lift a finger. You can program this sleek, smart robot vacuum to clean your floors…
TikTok has launched “TikTok Resumes” as a pilot program designed to continue expanding and enhancing TikTok as a new channel for recruitment and job discovery. The short-video platform is teaming up with select companies and inviting job seekers to apply for entry-level to experienced positions with some of the world’s…
As the world went into pandemic lockdown in 2020, consumers shifted their spending habits to embrace contactless tap-and-go payments and online shopping. As stores closed and social distancing took hold, retailers worldwide moved their businesses online, embraced e-commerce and explored the potential of new ways to pay. More than a…
The Africa Centres for Disease Control and Prevention (Africa CDC) and pan-African operator MTN Group today launched a joint campaign – “One More Push” – to encourage people across the continent to not give up in the fight against COVID-19, and to continue to wear their masks, wash their hands…
Pipit Global and Pan-African Fintech company, Cellulant have entered into a partnership to power cheaper and safer means for Africans in the EU and UK to send cash to their families at home in Nigeria, Kenya, Uganda, Tanzania, Mali, Senegal, and Ghana. According to reports by the BBC, about 8…
The Board of Directors of the African Development Bank has approved a loan of $50 million to Nigeria’s First City Monument Bank (FCMB) to channel to local enterprises and women-empowered businesses in the agribusiness, manufacturing, healthcare, and renewable energy sectors. Thirty percent of the funds, which are intended to mitigate…
Building on the first three rounds of the Siemens Integrity Initiative, Siemens AG has again announced projects to receive funding to drive and support clean markets. Initially launched in 2010, the initiative has a volume of more than US$100 million. The new projects will enhance the initiative’s portfolio to reach a total…
The Board of the Green Climate Fund (GCF) has approved $170.9 million in financing for the African Development Bank’s Leveraging Energy Access Finance Framework (LEAF) program. LEAF aims to unlock commercial and local-currency financing for decentralized renewable energy (DRE) projects in six program countries: Ghana, Guinea, Ethiopia, Kenya, Nigeria and…
Volvo Cars reported its strongest first half year sales in the first six months of 2021 as it sold 380,757 cars globally, an increase of 41.0 per cent compared with the same period last year. The overall sales increase was driven by strong demand in China, the US and Europe,…
Coca-Cola has revealed plans to commission a new digital delivery center in Johannesburg. The beverage company has been driving digital transformation through its consistent messaging and movement into a more agile and growth-minded work environment. Technology Services is leading the charge by enabling the broader corporate vision to build scalable…