Author: Smart Megwai

The ongoing saga between Nigeria and cryptocurrency exchange Binance took a new turn this week as a detained executive faced money laundering charges. Tigran Gambaryan, Binance’s head of financial crime compliance, appeared in court for the first time since his arrest in February but did not enter a plea. Gambaryan’s…

A recent report by Microsoft sheds light on the immense potential of Artificial Intelligence (AI) to revolutionise Africa’s economic landscape. The study projects that AI could contribute a staggering $1.2 trillion to the continent’s GDP by 2030, representing a significant 5.6% boost. This AI-driven growth is expected to impact various…

Ghanaian healthtech startup Rivia is making waves in the digital healthcare space with its recent acquisition of Waffle, a Ghanaian software company specializing in solutions for small and medium-sized businesses (SMBs). This strategic move strengthens Rivia’s position as a key player in transforming primary care delivery in Ghana. The acquisition…

Google Cloud has signaled its commitment to shoring up cybersecurity defenses across the Middle East, Turkey, and Africa (META) region with the appointment of Noor Al-Sulaiti as the new Head of Security Business Development and Government Relations. Al-Sulaiti, a seasoned telecommunications executive with a reputation for innovation, brings a wealth…

Explosive allegations have emerged suggesting Facebook (now Meta) granted Netflix access to users’ private messages in exchange for data and a hefty sum of money. This revelation comes from an ongoing antitrust lawsuit against Meta, raising serious concerns about user privacy and potential anti-competitive practices. The accusations paint a picture…

South Africa has officially launched its digital nomad visa program, a move met with both optimism and apprehension. The program aims to attract skilled remote workers by offering visas for up to three years, potentially boosting the economy and tech scene. However, concerns linger about rising living costs, potential tax…

The ongoing saga between Nigeria and cryptocurrency exchange Binance reaches a new chapter as Nigerian authorities escalate their efforts to capture Nadeem Anjarwalla, a Binance executive who escaped custody in March. This dramatic development adds another layer to the already tense situation and raises questions about the future of cryptocurrency…

Nigerians might have to contend with another internet disruption as the Private Telecommunications and Communications Senior Staff Association of Nigeria (PTECSSAN) gears up for an indefinite strike starting April 4, 2024. The union, representing senior staff in the telecom sector, accuses subcontractors linked to Huawei Technologies Nigeria Limited of unfair…

Ride-hailing giant Uber’s attempt to mend fences with drivers in Lagos, Nigeria, has hit a rough patch. The company’s recent announcement of a 10% increase in driver earnings fails to appease the disgruntled workforce caught in the crossfire between Uber and the Lagos State government. On April 2nd, Uber implemented…

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…

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…