Schneider Electric Kenya, a global leader in energy management and automation, has officially named Ifeanyi Odoh as its new Country President, effective February 2024. The announcement comes as part of a strategic move to leverage Odoh’s expertise in driving sustainable growth and innovation in the business. Ifeanyi Odoh brings a…
Author: Smart Megwai
Smart Megwai
Smart is a technology journalist covering innovation, digital culture, and the business of emerging tech. His reporting for Innovation Village explores how technology shapes everyday life in Africa and beyond.
The Federal Government, through the Tertiary Education Trust Fund (TETFund), has unveiled plans to establish more than 24 skills and innovation centers across Nigeria. The announcement came during a visit by the Minister of Education, Prof. Tahir Mamman, to the Innov8 Hub in Abuja. The visit involved key stakeholders, including…
In a significant leap towards environmental responsibility, Nokia has announced its commitment to achieving net-zero greenhouse gas emissions by 2040, a decade earlier than its previous target. This ambitious move places Nokia ahead of the Paris Agreement’s goal of achieving net-zero emissions globally by 2050. The company is intensifying its…
In a recent revelation, the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, disclosed that Binance Nigeria facilitated transactions totaling $26 billion in the last one year. However, concerns about unidentified sources and potential illicit financial activities prompted the CBN to impose restrictions on crypto exchanges, including Binance. During a…
In a strategic reversal of its stance on Bureau De Change (BDC) operators, Nigeria’s Central Bank has announced plans to resume selling dollars to eligible operators at N1,301 per dollar. This marks a pivotal shift three years after the initial ban on dollar sales to BDCs, reflecting a calculated move…
The International Telecommunications Union (ITU) has successfully garnered commitments totaling $9 billion from mobile operators to amplify global connectivity. The announcement was made by ITU Secretary-General, Doreen Bogdan-Martin, during the Mobile World Congress (MWC) on Monday. These commitments signify a significant stride towards the ITU’s mission to connect the world,…
Kenya’s High Court has lifted the injunction against the new Maisha Namba digital ID system, enabling the Kenyan government to resume the printing of national ID cards. The decision comes after an application filed by Katiba Institute led to the freezing of Maisha Card issuance in December last year, citing…
In a move signaling a potential shift in ownership dynamics, the Federal Government is considering the sale of its majority shares in Nigeria Communications Satellite Limited (NigComSat). This development follows the recent approval of the Oronsaye report’s implementation by the Federal Executive Council (FEC) on Monday. The Oronsaye Committee, instituted…
A dynamic team led by former Twitter engineers is at the forefront of redefining the application of AI to enhance people’s news consumption experience. Particle.news, a promising startup, has recently entered private beta, introducing an innovative, personalized, and multi-perspective news reading platform. This platform not only utilises AI to provide…
Recent data released by the Nigerian Communications Commission (NCC) underscores the growing adoption of 5G technology in Nigeria, revealing that the country’s 5G subscriptions reached 2.3 million by the end of December 2023. Despite this significant milestone, 5G subscriptions constitute approximately 1.04% of the nation’s overall active telephone service subscriptions,…
In its latest report, NewsGuard, a platform committed to combating misinformation, has unveiled a startling surge in the number of websites utilising AI-generated content to proliferate fake news, reaching a staggering 713 as of February 22, 2024. The report sheds light on the concerning trend, revealing that a majority of…
The United Nations Economic Commission for Africa (ECA) in partnership with the Botswana Ministry of Foreign Affairs have introduced a performance dashboard system aimed at bolstering Botswana’s digital agenda. The online platform was officially launched by Botswana’s Minister of Foreign Affairs, Lemogang Kwape, in Gaborone. The performance dashboard system, according…
A notable cohort of tech magnates, including billionaire Jeff Bezos and Nvidia, has plunged into the realm of human-like robots, signaling a fresh exploration of artificial intelligence (AI) applications. According to Bloomberg News, Jeff Bezos, founder of Amazon.com, and Nvidia are among the investors backing Figure AI Inc., a startup…
Yesterday witnessed a gathering of industry leaders and innovators at the LANDMARK EVENT CENTRE in Lagos, Nigeria, for the highly anticipated InnovateAI Conference. The event, in partnership with Innovation Village as a media partner, centered around the theme “Adapting AI for Nigeria – Creating Intelligent Solutions for a Unique Landscape.”…
The Central Bank of Nigeria (CBN), guided by its constitutional roles and functions, recently issued directives significantly impacting the cryptocurrency market. According to the CBN Act of 2007, the bank holds responsibilities for overall control and administration of monetary and fiscal sector policies. On February 3, 2024, the CBN directed…
Recent days have seen a substantial surge in global interest in Worldcoin, a cryptocurrency token intricately tied to Sam Altman’s pioneering digital ID project. A study conducted by CoinJournal, based on Google Trends data, reveals that Kenya has emerged as a focal point of enthusiasm, showcasing notably higher curiosity among…
The Nigerian Communications Commission (NCC) has issued a cautionary advisory to telecommunications operators in Nigeria, urging them to fortify their risk management strategies in anticipation of the transition from the current 5G technology to future generations, including 6G and 7G. Dr. Aminu Maida, the Executive Vice Chairman of the NCC,…
Silicon Valley-based startup Ocular AI, co-founded by Micheal Moyo and Louis Murerwa, has secured a spot in the prestigious Y Combinator Winter 2024 batch. This recognition adds another achievement to Ocular AI’s journey, offering a platform designed to enhance workplace efficiency by consolidating various tools, data, and SaaS applications into…
Africa’s startup ecosystem has been a focal point for innovation and growth in recent years. From fintech to agritech, entrepreneurs across the continent have been making significant strides. One crucial aspect that shapes the trajectory of these startups is the concept of exit events – strategic milestones that signal success…
Hatem Dowidar, former CEO of Vodafone Egypt and current Group CEO of Emirates Telecommunications Group (e&), has been appointed as a non-executive director to the Vodafone Group board. The announcement comes after Vodafone Group and e& entered into a strategic relationship agreement in May 2023. Dowidar, with a remarkable 30-year…