Author: Paul Adepoju

A new report has predicted that Africa’s mobile growth will slow from a previous Compound Annual Growth Rate (CAGR) of 11 per cent between 2010 – 2015 to a rate of 6 percent between 2015-2020, reflecting a global downward trend. This is contained in a new report by GSMA The…

Access Bank has announced its readiness to roll out the fifth version of the PayWithCapture app. According to the bank, the latest version makes the app easier for users. for easier usage. 5.0, the upgraded version, allows for faster and secured way to make payments online and offline via secured…

New app aims to solve current pain-points in order management and payments in restaurants.

Last month, MTN Nigeria announced that, as part of a settlement arrangement with the Federal Government of Nigeria, it would undertake to take immediate steps to ensure the listing of its shares on The Nigerian Stock Exchange (The NSE) as soon as commercially and legally possible. Today, the company’s Board…

The first round of the GSMA Ecosystem Accelerator Innovation Fund is now open for applications from start-ups in Africa and selected Asian countries. Successful start-ups will receive funding between GBP£100,000 and GBP£250,000; Mobile-focused mentoring and bespoke technical assistance; and opportunities to build partnerships with mobile operators in relevant markets Applicants…

Djibouti has become the newest member of Africa Finance Corporation (AFC), an international investment grade multilateral finance institution investing in key infrastructure projects across Africa. Ali Guelleh Aboubaker, Minister of Investments in the Office of the President, commented on his country’s membership of AFC: “I am delighted to announce that…

The Dutch National Police, Europol, Intel Security and Kaspersky Lab have joined forces to launch an initiative called No More Ransom, a new step in the cooperation between law enforcement and the private sector to fight ransomware together. No More Ransom is a new online portal aimed at informing the…

Even though over half a billion people in Africa are connected to mobile network and it is the second largest mobile market in the world, the continent is still the least penetrated, according to a new GSMA report published yesterday. In the report made available to Innovation Village, GSMA revealed…

BlackBerry has officially unveiled its latest device, the DTEK50, which is described as the world’s most secure Android smartphone. It is worthy to note that this is BlackBerry’s second smartphone powered by Android – its first being the PRIV. The new device runs on Android Marshmallow 6.0, it is a…

Last week, over 10,000 participants and notable technology thought leaders converged in Lagos for TechPlus 2016 where Chairperson of Alliance for Affordable Internet Dr. Omobola Johnson and other tech experts highlighted Nigeria’s key role in Africa’s highly anticipated technology revolution. Giving her opening remark at Africa’s biggest technology conference, Dr.…

Delta state government has officially launched its innovation hub and the federal government has promised to effectively support it. According to a statement by the Minister’s Special Assistant on Media, Victor Oluwadamilare, “If equitably established across the country, the innovation Hubs, according to Barr. Shittu, will provide unique opportunities for…

TecSync Technology Co. Ltd, manufacturers of InnJoo smartphones, has high hopes for Nigeria’s smartphones market. According to the president of the company, Jack Lee, they’ve recognised the prime status of the Nigerian market as the biggest in Middle East and Africa, a factor which justifies its focus and permanent residence…

Before US market opens for trading today, Yahoo and Verizon are expected to make an official announcement on a $4.8 billion agreement reached by both parties for Yahoo’s core operations and assets. According to media reports, US telecoms giant Verizon Communications is to buy Yahoo’s search and advertising operations for…

Hans Vestberg today stepped down as the CEO of telecommunications equipment manufacturing company Ericsson. The decision for him to step down as head of the Swedish firm was made by the company’s board as the company strives to forge ahead in a stagnant market. “Hans has been instrumental in building…

Even though climate change is a global phenomenon, its impacts affect Africa a lot even though Africans are yet to come to full realization of why they need to take it  more seriously beyond the social media posts of those young chaps that only want to attend environment conferences and…

Before 2030, Nigeria would have achieved 30 per cent capacity in renewable energy, according to Babatunde Fashola, minister of Power, Works and Housing. He said Nigeria would invest in renewable power in areas such as Biomass and coal. He made this remark on Thursday in Abuja after signing a Front-Runner…

Wi-PAY Technologies is set to become the latest licensed player in Nigeria’s mobile money ecosystem after it secured an approval-in-principle from the regulator, the Central Bank of Nigeria (CBN). Dipo Fatokun, CBN’s director of e-payments said the approval is for an initial 6-month period, during which the company is expected…

Sage, the global market leader for integrated accounting, payroll and payment systems, today announced the launch of Sage 50 Accounting in East Africa and West Africa. Sage 50 Accounting is a holistic accounting and business management solution for Small & Medium Businesses. Sage 50 Accounting empowers you to manage operations,…

NetPlusDotCom, Nigeria’s leading financial technology company and payment solution provider, has partnered with telecoms giant Etisalat Nigeria, to deliver STORM – an innovative inventory, store management and self-service ticketing solution via mobile point of sale (mPOS) system. Under the partnership, customers will have access to STORM app, a certified mobile…

Eko Atlantic City, a unique, innovative development, in a vibrant environment with 21st Century facilities on the coast of Lagos has reached advanced stages in the first 5 million sq. metres of the project.  The city not only boasts of independent power and water supply,seamless communications network but also an…