The Edo State Transport Authority (ESTA) is stepping on the gas to regulate the ride-hailing industry within its borders. Announced at a driver safety summit hosted by Bolt four months ago, the state plans to implement a two-pronged approach: API integration with ride-hailing companies and the issuance of visual identifiers…
Author: Smart Megwai
Smart Megwai
Smart is a Tech Writer. His passion for educating people is what drives him to provide practical tech solutions which helps solve everyday tech-related issues.
Attention businesses! Take your communication on Telegram to the next level with the newly launched Telegram Business features. Previously, setting up a business presence on Telegram required coding expertise for bots and mini-apps. Now, anyone can unlock a suite of powerful tools, without any coding involved. Here’s what Telegram Business…
Adenia Partners Ltd., a Mauritius-based private equity firm, has closed its fifth Africa-focused fund at a staggering $470 million, making it the largest fund of its kind raised since 2021. This achievement surpasses their initial target of $460 million. The fund, known as Adenia Capital V, attracted a diverse group…
Triply, a Kenyan travel technology startup, has secured a significant investment of $500,000 from Y Combinator, a globally renowned startup accelerator. This investment marks a major milestone for Triply, not only fueling its growth but also solidifying its position as a leader in Africa’s travel tech landscape. Founded by Peter…
Artificial intelligence (AI) is rapidly transforming every aspect of our lives, and the workplace is no exception. From automating repetitive tasks to powering intelligent decision-making tools, AI is influencing how we work, what skills are valued, and even how we get hired. So, the question remains: is AI a friend…
Sim Shagaya, a prominent figure in African technology and a relentless advocate for education, has launched a new venture – The Honey Badger Fund (HBF). This fund aims to empower “extraordinary Africans” building businesses that drive positive change across the continent. Shagaya is no stranger to building impactful ventures. He…
Nigeria’s Ministry of Science, Technology and Innovation (FMSTI) has partnered with US-based tech firm Afri-Tech United to embark on a groundbreaking cloud migration initiative. This ambitious project aims to modernise the country’s infrastructure, optimise both public and private sectors, and propel Nigeria into a new era of technological leadership. The…
Microsoft Nigeria, in collaboration with Get Funded Africa, recently held an electric vehicle (EV) hackathon at the Microsoft African Development Centre (MSADC) in Lagos. The event aimed to empower Nigerian startups and innovators revolutionizing the country’s EV landscape. Three outstanding startups emerged victorious, receiving cash prizes and recognition for their…
Artificial intelligence (AI) is rapidly transforming industries, from healthcare and finance to manufacturing and retail. As companies race to leverage the power of AI, a crucial question arises: Who should lead the charge? Choosing the right leader for your AI initiative can make the difference between groundbreaking success and a…
In the relentless battle against cyber threats, a troubling trend is emerging: ransomware attackers are increasingly setting their sights on the very lifeblood of data protection – backups. As organisations grapple with the escalating frequency of ransomware assaults, safeguarding backup systems has become a critical imperative in fortifying cyber resilience.…
In a strategic move aimed at addressing antitrust concerns, Microsoft has announced that it will begin selling its popular chat and video application, Teams, separately from its Office suite of products on a global scale. This decision comes six months after the tech giant initiated a similar unbundling effort in…
In a significant development for AI transparency and accountability, OpenAI has announced that ChatGPT, its groundbreaking chatbot, will now cite sources for all responses it generates. This move aims to provide users with greater context and verifiability regarding the information provided by the AI model. The decision comes amid growing…
The world of technology mourns the loss of Dr. Thomas Mensah, a pioneering figure in fiber optics technology, whose contributions have left an indelible mark on global communications networks. Dr. Mensah passed away on Wednesday, March 27, 2024, at the age of 74, succumbing to a brief illness at the…
Nigerian mobile virtual network operator (MVNO) Zegtel is making a big bet on improving mobile connectivity in the country. The company has announced a planned investment of $21.8 million over the next five years to expand mobile network access, particularly for underserved populations. This move comes as Nigeria, along with…
Nigerian fintech leader Aella Credit has shed its former name, announcing a strategic rebrand as Aella Microfinance Bank. This move signifies the company’s commitment to expanding its offerings and becoming a one-stop shop for financial services tailored to the needs of the average Nigerian. Aella, boasting over 2 million users…
In its annual Ads Safety Report, Google revealed a significant increase in its efforts to combat deceptive advertising. The report highlights the company’s success in blocking malicious content, with a staggering 206.5 million ads flagged for violating its misrepresentation policy in 2023. This figure represents a crucial step forward in…
The National Identity Management Commission (NIMC) has taken decisive action to address concerns surrounding a data breach, leading to the restriction of access to the National Identification Number (NIN) database for licensed agents. The move follows revelations of unauthorized access by a third-party entity, expressverify.com, prompting investigations by regulatory bodies.…
Ride-hailing giant Uber has reached an agreement with the Lagos State Government to share trip data, following a period of tension that included impounding of drivers’ vehicles and threats of sanctions. The crux of the issue was the type of data Uber would share. Riders were concerned that their personal…
Two senior executives from Binance, the world’s largest cryptocurrency exchange, have taken legal action against Nigerian authorities, alleging violations of their fundamental rights. Tigran Gambaryan, Binance’s head of financial crime compliance, and Nadeem Anjarwalla, Binance’s regional manager for Africa, have filed a lawsuit against Nigeria’s national security adviser’s office and…
Venture capital firm Satgana has announced the successful closure of its first fund, aimed at supporting early-stage climate-tech startups in Africa and Europe. With commitments totaling €8 million ($8.6 million), Satgana plans to back up to 30 startups working on climate change mitigation and resilience solutions. Romain Diaz, Founder and…