Author: Paul Adepoju

I’ve always thought there is nothing new under the sun again but this Valentine, #WeMetOnTwitter trend took it to a whole new level as people from various parts of the world shared their love stories that started from Twitter. Here are ten of such that gives hope that good things…

Nokia has announced that the world’s first connection based on the 5GTF ‘pre-standard’ has been successfully carried out, marking a further milestone in Nokia’s momentum to make 5G a commercial reality. The test adds another key component to the development of 5G and the implementation of the first 5G applications,…

A strong concern has been raised over the increasing volume of fake currencies in circulation in Nigeria. According to Obadiah Mailafia, former deputy governor of the Central Bank of Nigeria (CBN), as high as 20 per cent of currency notes circulating in Nigeria are fake. According to him, the impact of this…

Some of the world’s leading tech companies are uniting to form an alliance that will deal with cybersecurity challenges associated with the rapidly expanding IoT landscape. The partners are IBM, Nokia, AT&T, Palo Alto Networks, Symantec and Trustonic, together they’ve formed the IoT Cybersecurity Alliance. In a statement, the partners…

About four years from now, the number of mobile subscribers is expected to hit 5.5 billion according to the 11th annual Cisco Visual Networking Index™ (VNI) Global Mobile Data Traffic Forecast (2016 to 2021). Putting this in better perspective, there will be more people with mobile phones than those that have…

The major investors of Nigeria’s ecommerce powerhouse has revealed that the company is on its way to profitability. Commenting on Konga’s outlook, Kinnevik AB which holds a 34% stake valued at about $15 million as at September 30, 2016, revealed that it has already committed to double digit multi-million dollar investment…

Former communications minister, Dr. Omobola Johnson has joined the Economic Advisory Committee of Lagos state. She was selected by the state governor Mr. Akinwunmi Ambode. Johnson is joining the 12-man committee whose members were sworn in earlier this week at Lagos House Ikeja. According to Governor Ambode, the Committee would be a sounding…

IBM is investing $70 million in building much-needed digital, cloud, and cognitive IT skills to help support a 21st century workforce in Africa. The initiative, “IBM Digital – Nation Africa”, provides a cloud-based learning platform designed to provide free skills development programs for up to 25 million African youths over…

Millicom this afternoon announced it is selling its Tigo business in Senegal to Wari Group for $129 million. Based in Senegal, Wari Group, is a leading platform for digital financial services in Africa. The announcement confirms speculations on the fate of the company with various companies linked to the sale.…

WorkAfrica.com, a platform that offers access into Africa’s skilled demography has been launched to enable talent seekers hire skilled experts for online and offline projects. The platform is a product of eCommerce Technology Alliance. According to the company, WorkAfrica.com is a flexible, user friendly, stable and secured marketplace developed to empower…

Mettā, a global entrepreneurs’ club, is launching Nairobi’s first Catalyst Programme, a series of industry-specific workshops for startups. Each month, the Mettā Catalyst Programme will bring together industry experts, mentors and corporates to help entrepreneurs running promising early stage companies accelerate growth and take their businesses to the next level.…

MTN Group has appointed Saim Yaksan as Executive for Group Transformation, effective immediately. Yaksan’s appointment follows the launch of MTN’s holistic transformation programme, IGNITE, in the third quarter of 2016. IGNITE is about shaping the future MTN, by proactively introducing special measures to accelerate the company’s business and financial performance.…

It is official, Snapchat is going public. Snap, the company behind the messaging app Snapchat, has filed for an initial public offering of shares on the New York Stock Exchange. The SEC filing puts the expected proceeds at USD 3 billion, although details on the number and price of shares…

Will the phone ever replace the wallet? New research suggests it could, with 18 per cent of shoppers saying they have used their phones to pay in a shop. This is one of the key findings of MEF’s annual Mobile Money Report supported by Wirecard. It asked 6,000 consumers in…

Dominique Collett, senior investment executive at Rand Merchant Investments and the head of AlphaCode, a Rand Merchant Investments club for fintech startup entrepreneurs, predicts what the major developments in Africa’s FinTech will be in 2017 . From digital banks to mobile-payment solutions, technology is set to change the South African financial…

Nokia has created a customized ‘digital assistant’ that will improve telecom operators’ efficiency by providing engineers faster access to critical information. ‘MIKA’ – powered by the Nokia AVA cognitive services platform and underpinned by Nokia’s services expertise – will provide voice-dictated automated assistance to reduce time spent searching information resources, enabling…

LoftyInc Capital Management and partners have officially a new $25 million Afropreneur Fund II which focuses on early stage Africa-facing enterprises that leverage technologies to create social impact and tackle big problems. The launch was announced at Africa Diaspora Network’s Annual Investment Symposium, ADIS 2017 held in Silicon Valley, California on…

One of the big developments in the tech space this week was the announcement by Facebook CEO Mark Zuckerberg that he has no intention of running for president bringing an end, sort of, to insinuations that he is interested in occupying the most powerful position in the world. Taking a…

African tech startups raised funding in excess of US$129 million in 2016, with the number of startups securing funding up by 16.8 per cent compared to 2015, according to the Disrupt Africa Tech Startups Funding Report released. According to the report, 146 startups from across Africa raised US$129,113,200 in funding over the…

A NGN1 billion solar energy fund has been launched by Nigeria’s Bank of Industry (BoI) with the aim of boosting the country’s off-grid electricity generation project. According to BoI, the fund would be made available to firms partnering with the bank in the development of solar energy services across the…