Samsung Electronics Co., Ltd., a global leader in technology, announced today that 44 of its new product and service innovations received CES® 2021 Innovation Awards honors, including four Best of Innovations accolades, from the Consumer Technology Association (CTA)™. The prestigious awards recognize outstanding design and engineering in cutting-edge technology. The…
Author: Oluwasegun Olukotun
The House of Representatives has asked the National Communications Commission (NCC) for an extension of the 31st December deadline slapped on sim card owners to submit their National Identification Numbers (NIN) to their network providers to prevent blocking. House Minority Leader, Ndudi Elumelu moved the motion on Wednesday during plenary.…
MUFG and African Export-Import Bank (Afreximbank) have closed a ground-breaking $520 million facility, the first to be covered by Nippon Export and Investment Insurance (NEXI). The facility fully aligns with Afreximbank’s strategic priorities in the area of intra and extra African trade and investment, export manufacturing, as well as industrialisation.…
Streaming service Spotify is down with many users around the world reporting that they have been logged of the music streaming service. According to Down Detectors, as at 9am, 4585 users had sent in complaints about the service in the last 24 hours. Many of the users said they were…
Facebook has publicly launched its experimental music-making app Collab. The app was first launched back in May as an invite-only beta. Collab allows users to create short-form music videos by combining up to three independent videos. For instance, three musicians could each play a different part of a song and…
Twelve winners of the AppsAfrica Awards 2020 whichcelebrate the best in mobile and tech from across Africa have been announced. The AppsAfrica Awards strive to showcase leading ventures from across the continent each year and provide winners with industry recognition, global publicity, and potential investment. AppsAfrica Winners are also invited to…
Africa’s largest retail bank, Access Bank PLC has been recognized by Asian Banker as the ‘Best Digital Bank in Africa’ for its continued investment in digital innovation. The announcement was made at the Asian Banker Middle East and Africa Regional 2020 Awards virtual ceremony. Access Bank, over the years, has leveraged…
Apple on Monday launched an app it calls the “nutrition labels” that give users prior knowledge of the information an app requests before they download it. Users can find the label on an app’s App Store page, where they also see information like its ratings, price, and screenshots. The update…
The World Bank has approved a loan of $1.5 billion to help boost Nigeria’s economy. This was made known in a statement released by the World Bank on Tuesday, stating further that the facility is a five-year Country Partnership Framework (CPF) that will last from 2021 to 2024. World Bank…
AppsFlyer, the global attribution leader, today released new data that shows the worldwide trends that shaped the app market in Sub-Saharan Africa in 2020. Analysing over 48 billion installs in over 30,000 apps with a minimum of 5,000 installs per month, Appsflyer’s data showed a 33% increase in app downloads…
HexGn, a consulting firm known for fast-tracking entrepreneurship and upcoming technologies globally, has joined hands with the Africa Islamic Economic Foundation (AFRIEF) (AFRIEF.org) to launch its flagship start-up program, HexGn Start-up Explore, in Africa to accelerate the careers of African youth, including students, and graduates towards the innovation economy. HexGn Start-up Explore is…
The Africa Enterprise Challenge Fund (AECF) (AECFAfrica.org) has launched a US$ 8.5 million grant facility to support adoption and diversification of renewable energy solutions in the Somalia and Somaliland. This is a component of the REACT Sub Saharan programme, that seeks to reduce poverty through a transformational increase in the…
The Nigerian Communications Commission (NCC) in line with its ongoing initiative to ensure a sustainable telecommunications industry that is responsive to global technological changes as well as national consumer preferences, has instituted and endowed Professorial Chairs to the tune of N40 million in two more Nigerian universities. The two universities…
Google applications today suffered service outage as many people were unable to access Google services like YouTube, email, and Docs. Reports say that the outage started just before noon UK time with Google sites returning server errors when visited. Complaints flooded in from around the world as users confirmed they…
Leading global food and agri-business Olam International Limited (“Olam’’) on Wednesday announced that it has secured medium-term financing (the “Facility”) aggregating US$93.75 million from the Asian Development Bank (“ADB”). The 3-year term Facility has Olam Treasury Pte Ltd (“OTPL”) as a co-borrower and is guaranteed by Olam. This Facility will…
The Federal Government has announced it is funding the registration of 250,000 Micro, Small Medium Enterprises (MSME). The selected MSMEs will be registered under the Federal Government’s Economic Sustainability Plan (ESP). The government is also concessioning two Brownfield Special Economic Zones while commencing work on developing four additional greenfield sites.…
Google has announced it is launching health research app Google Health Studies app which will make it easier for leading research institutions to connect with potential study participants, with the first study focused on respiratory illness. With the new app, anyone with an Android phone can take part in health…
The Corporate Council on Africa (CCA) (CorporateCouncilonAfrica.com) has announced the launch of the U.S.-Africa Health Security and Resilience Initiative. This new two-year initiative will bring together major U.S. and African leaders, corporations, multilateral organizations, foundations, and other stakeholders to create strategic partnerships, provide critical Africa health-related information, and facilitate trade and investment to strengthen Africa’s health…
Africa is a key focus for Opera (Opera.com) and the company also believes there is significant growth ahead. The region is the fastest growing continent in terms of internet penetration. Recent reports from GSMA (bit.ly/33ZFpnl) show that only 300 million out of the total population of 1.1 billion people are…
A new trade intelligence tool that enables firms to easily explore and compare trade opportunities across Africa has been released ahead of the start of trading under the new African Continental Free Trade Area. The African Trade Observatory was rolled out by the African Union (AU), the European Union (EU)…