To increase financial inclusion and support the digital transformation of financial institutions across Africa and the Middle East, IFC launched its DigiLab Finance training and support program to improve services for consumers of financial services. DigiLab Finance is a capacity-building program that equips selected financial institutions – including banks, microfinance…
Author: Oluwasegun Olukotun
ABH has joined forces with a broader network of partners from across Africa to identify and support talented African entrepreneurs for the 2021 prize competition; In response to the strong level of interest from across the continent, ABH has extended the deadline for applications from June 7 to June 21.…
China is cracking down on cryptocurrency-related social media accounts. Social media platforms like Weibo were blocked over the weekend as the country’s government steps up its clampdown on bitcoin trading and mining. Reports say that there are more actions expected, including linking illegal crypto activities in China more directly with…
The African Development Bank Group has approved a $1 million grant to boost local content and development of Small and Medium-Size Enterprise (SME) initiatives in the southern African nation of Mozambique. The grant, from the Youth Entrepreneurship and Innovation Multi-Donor Trust Fund (YEI MDTF), will provide technical and institutional assistance…
African Export-Import Bank (Afreximbank) has announced the commencement of its African Medical Centre of Excellence (AMCE) project in Abuja, Nigeria. It will provide world-class care to both low and high-income patient groups across the continent. The Bank recently formalised its long-term collaboration with King’s College Hospital, London (KCH) on the…
Twitter is rolling out Twitter Blue, its first subscription offering. The company began rolling out the new service on Thursday in Australia and Canada. The company in a blog post said, “We’ve heard from the people that use Twitter a lot, and we mean a lot, that we don’t always…
Mercedes-Benz has teamed up with Apple Music to provide the full integration of Apple Music into the Mercedes me connect service “Online Music” and the MBUX infotainment system. MBUX makes listening to Apple Music in Mercedes-Benz vehicles a simple, user-friendly experience. After linking a Mercedes me account to the vehicle,…
Mastercard has released its Mastercard Carbon Calculator for the Middle East & Africa, amidst the growing trend toward eco-conscious spending and consumption among people who want to pursue more sustainable choices and practices. Developed in collaboration with the Swedish fintech Doconomy, the Mastercard Carbon Calculator is a feature that provides…
Daymak Inc., a pioneer in personal Light Electric Vehicles (LEVs), on Monday, announced that its upcoming Spiritus electric car will include Daymak Nebula, Daymak’s patent-pending, comprehensive cryptocurrency infrastructure. The Spiritus, launching in 2023, is the electric car offering in the Daymak Avvenire series, a robust lineup of EVs spanning e-bikes…
Digital solutions provider, Liquid Intelligent Technologies, has achieved the 100,000 km fibre network milestone, positioning the organisation as the largest independent fibre network provider in emerging markets globally. Liquid has been manoeuvring steadily through Africa, investing in increasing its reach, which it has successfully done, moving the dial from 89,989…
Coinbase has announced that its users can now use their Coinbase Card with Apple Pay and Google Pay to make it even easier to spend crypto at home and on the go. The company also said that starting this week, it will invite select customers off the waitlist to begin…
Oppo has launched its OPPOHack Global Innovation Competition. As part of the features of the competition, there will be interactive workshops, networking activities, a bounty of prizes, and precious investment opportunities. The OPPOHack Global Innovation Competition is opened to tech startups and innovative projects. This year, the competition revolves around…
African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) have announced a US$750,000 grant to support the charting of the main channel of the Niger-Benue river in Nigeria, as part of the Regional Sealink Project, which aims to bridge the gap in maritime transport infrastructure and improve trade connectivity in…
The Cherie Blair Foundation for Women, DHL Express, and the Africa Women Innovation & Entrepreneurship Forum AWIEF are today launching a ground-breaking partnership to bring vital entrepreneurial skills and support to women across South Africa. The Cherie Blair Foundation for Women’s HerVenture mobile learning app has been developed specifically for…
The Board of Directors of the African Development Bank Group has approved $84.22 million in loans and grants to electrify nearly 80,000 rural households in south Rwanda. The project will advance the country’s goal of universal electrification and benefit small businesses and youth. The funds comprise a loan of $36.77…
Gokada, the Nigeria-based last mile delivery, logistics and transportation start-up has launched a ‘Super App’ where customers can access food delivery, ecommerce, and ride hailing services in one app. The Super App launch comes as Gokada crosses US$100 million in annualized transaction value, having completed 1 million food delivery and…
The Basketball Africa League (BAL) and Social Nation Africa (SNA), a new digital platform that showcases the African creative landscape, today announced a multiyear partnership that will see SNA promote African artists and support the continent’s creative sector through content production in art, culture, music, and sports. The announcement comes…
First Bank of Nigeria Limited has announced the launch of First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries in sub-Saharan Africa. The Bank’s subsidiaries in Africa include FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone, FBNBank Senegal. The First Global Transfer (FGT) initiative…
Nokia has announced the world’s first deployment of multiple AI use cases delivered over public cloud, through collaboration with Microsoft. By integrating Nokia’s security framework with Microsoft Azure’s digital architecture, communications service providers (CSPs) can securely inject AI into their networks nine times faster than using private cloud and scale…
The Minister of Police Affairs, Muhammadu Maigari Dingyadi has commissioned the West African Information System (WAPIS), Data Collection and Recording Centre (DACORE) to enhance the capacity of West African Law Enforcement authorities to combat transnational crime and terrorism through more efficient information sharing. The WAPIS Data Collection and Recording Centre…