The Anzisha Prize has launched the 2021 call for Africa’s biggest award for young entrepreneurs between, 15 and 22. Applications have now opened for the latest cohort, with successful entrepreneurs standing a chance to win a shared prize of US$100 000 and join the prestigious Anzisha Prize fellowship program. As the…
Author: Oluwasegun Olukotun
US President Joe Biden has suspended legal proceedings against TikTok and WeChat, a move which could have ensured the ban of both apps in United States. Former president, Donald Trump had sought to ban both apps with claims they were a threat to national security. Both companies also had not…
PAID is proud to announce its partnership with Egoras, a blockchain-based microfinance protocol that provides uncollateralized micro-credit to small entrepreneurs and enterprises from unbanked and underserved communities. Egoras will utilize PAID SMART Agreements to increase transparency surrounding its business agreement process by bringing their off-chain loan agreements on-chain. The platform will also…
Volkswagen and Microsoft Corp. are furthering their partnership this time with the German carmaker hoping to leverage the U.S. software giant’s technology to speed up the development of automated driving. According to a statement issued by Volkswagen on Thursday, VW’s new software division will build a cloud-based platform with Microsoft…
Nigeria’s Securities and Exchange Commission has said it is putting on hold its initial plans to regulate cryptocurrencies. The commission, however, disclosed it will go ahead with the plan when the cryptocurrency dealers open bank accounts in the country. Just last week, the country’s regulatory bank, the Cetral Bank of…
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has signed a framework agreement with the Government of Tunisia, represented by the Ministry of Economy, Finance and Investment Support, to increase trade flows and build trade capacity within the Republic. The US $…
Universal Music Group (UMG), Big Hit Entertainment (Big Hit), YG Entertainment (YG), and Kiswe have teamed up to launch a digital live streaming platform on a global scale. Big Hit had announced that YG and UMG would invest in KBYK Live, a joint venture that was established with Kiswe last…
The African Development Bank’s (AfDB.org) Affirmative Finance Action for Women in Africa (AFAWA) program has agreed to a partnership with the African Guarantee Fund (AGF) to unlock $1.3 to 2 billion in loans to women-owned Small and Medium-Sized Enterprises (SMEs) in Africa, by working with financial institutions to enhance their…
MTN Group has unveiled its a new Employee Value Proposition (EVP) entitled “Live Inspired” to drive agility, flexibility and future fit skills for its workforce. Learning the lessons of the challenges brought about by COVID-19, MTN has adopted a refreshed, organisation-wide approach, which involves a move away from older, conventional…
Nigeria’s leading financial inclusion services provider, First Bank of Nigeria Limited, has announced the provision of loan facilities up to one million to its banking agents. This is in furtherance of the need to promote the business activities of its foremost agent banking platform – Firstmonie Agents. The Bank currently…
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has signed a five-year strategic partnership deal with global payments technology leader Mastercard for the enablement of commercial cards and payments solutions. Together, they aim to simplify business-to-business (B2B) payments for…
Universal Music Group (UMG) and TikTok have announced a global agreement that delivers equitable compensation for recording artists and songwriters and significantly expands and enhances the companies’ existing relationship, promoting the development of new innovative experiences and the ability to forge deeper bonds between fans and the artists and music…
Qualcomm Technologies, Inc. today announced the Snapdragon X65 5G Modem-RF System, its fourth-generation 5G modem-to-antenna solution. It is the world’s first 10 Gigabit 5G and the first 3GPP release 16 modem-RF system, which is currently sampling to OEMs and targeting commercial device launches in 2021. Snapdragon X65 is the Company’s…
The African Development Bank (AfDB.org) has extended financial support to a project that will strengthen the efforts of West African countries to meet their Nationally Determined Contributions (NDCs) targets under the Paris climate accord. The Bank will underwrite the preparation of concept notes exploring the use of internationally transferable mitigation…
Elon Musk has committed $100 million towards a new global competition aimed at challenging teams to rid the Earth’s atmosphere of Carbon dioxide. Musk said the XPrize Foundation would run the competition for four years, with an ultimate goal of “carbon negativity, not neutrality”. In a statement on Monday, The…
Microsoft Corp. has launched Microsoft Viva, the first employee experience platform to bring tools for employee engagement, learning, wellbeing and knowledge discovery, directly into the flow of people’s work. Viva is designed to help employees learn, grow and thrive, with new experiences that integrate with the productivity and collaboration capabilities…
Jobberman, the single largest job placement platform in sub-Saharan Africa, has announced the appointment of Rolake Rosiji as the new CEO. Rolake takes over from Hilda Kragha, now Managing Director of ROAM Africa Jobs, and will continue the work of establishing Jobberman as the primary platform for job searching, talent…
Kwik Delivery today announced that it has released its Kwik Delivery plugin for Shopify, allowing Nigeria-based Shopify merchants to seamlessly integrating Kwik’s groundbreaking last-mile delivery service. Romain POIROT-LELLIG, Founder & CEO of Kwik Delivery said, “Last September, Kwik had become the first African last-mile delivery platform to release a WooCommerce…
Impact investment group, Investisseurs & Partenaires (I&P), via I&P Education to Employment (IP2E), on Wednesday, announced a partnership with the Mastercard Foundation that will support businesses in the education sector to recover from the impact of COVID-19. The three-year program will accelerate 30 education entrepreneurs (edupreneurs) in Côte d’Ivoire, Ghana,…
The world’s fourth-largest global fabless semiconductor company, MediaTek, today reiterated its commitment towards providing new-age technology solutions to enable the roll-out of future-ready smartphones in the South African market. MediaTek announced the launch of its premium gaming chip, MediaTek Helio G95, along with its offerings across the spectrum, including G90T,…