Latest News
It’s been in the works, and now it has finally happened. Meta prohibits the ‘Instagram…
Meta, the parent company of Facebook, Instagram, and Messenger, is strengthening its commitment to teen…
BYD Electric Vehicles Arrive in Nigeria, Pioneering the Future of Sustainable Mobility
BYD, one of the world’s leading electric vehicle manufacturer, has officially entered the Nigerian market…
Interview: Thesify Co-founder on AI’s Role in Shaping the Future of Academic Content in Africa
What if AI helped you become a better writer instead of just writing for you?…
The adoption of digital finance in Nigeria over the past few years has been too…
In a country where the number of graduates exceeds the number of jobs available, Nigerian…
Microsoft has rolled out significant updates to its Copilot AI assistant, introducing ten new features…
Pascal Gabriel Dozie, a pioneering Nigerian entrepreneur, economist, and institution builder, has passed away at…
IFC Invests $12 Million in Pee Cee Holding to Launch Sierra Leone’s First Large-Scale Onion Farm
The International Finance Corporation (IFC) has committed $12 million to support the development of Sierra…
African small and medium-sized enterprises (SMEs) are often caught between being too large for microfinance…
Midjourney Launches Alpha Test of V7 Model, Featuring Personalization, Draft Mode, and Enhanced Image Quality
Midjourney, the AI-powered visual generation platform known for pushing the boundaries of imagination, has announced…
MTN’s Bold New Move into the Streaming World: Can It Beat Netflix and Showmax? It…
MTN Group, the continent’s largest mobile network operator, announced that it has entered into a…
EyOne’s Henri Ousmane Gueye Wins $300K Grand Prize at 2024 Africa’s Business Heroes competition
After two previous attempts, Senegalese entrepreneur Henri Ousmane Gueye has finally claimed the spotlight as…
PRODUCTS
BUSINESS
Google has announced an agreement to acquire a portion of HTC’s extended reality (XR) business for $250 million, marking a significant expansion of its efforts in the virtual and augmented reality hardware space. This move follows the recent launch of Google’s Android XR platform. The deal includes the transfer of…
The Nigerian Communications Commission (NCC) has approved a 10-year renewal of MTN Nigeria’s 800MHz spectrum license, a decision that highlights the evolving regulatory landscape of the country’s telecommunications sector. This move not only reinforces MTN’s market position but also holds significant implications for consumers across Nigeria. Key Points: Telecom Regulatory…
Nigeria’s telecommunications sector is entering a new era after the Nigerian Communications Commission (NCC) approved a 50% tariff increase for voice and data services. This marks the first significant tariff adjustment in over a decade, a decision driven by rising operational costs for telecom operators, including soaring inflation, currency devaluation,…
Microsoft was once the exclusive provider of data center infrastructure for OpenAI to train and run its AI models, but that exclusivity has ended. Coinciding with the announcement of Stargate, OpenAI’s massive new AI infrastructure deal with SoftBank, Oracle, and other partners, Microsoft has revealed a new agreement with OpenAI.…
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Startup
Twenty African tech ventures, comprising 10 startups and 10 scale-ups, have been selected to present…
Oyster Agribusiness, a pioneering agri-tech company based in Ghana, has successfully secured $2 million in…
South Africa-based Edge Growth has secured $2.1 million to support growth-stage small and medium enterprises…
visionAI, a prominent South African company specializing in artificial intelligence (AI) and computer vision technologies,…
Sendstack, a logistics platform supported by OnDeck, is phasing out its primary last-mile delivery service,…
Following its recent acquisition by OmniRetail, fintech startup Traction Apps has announced plans to downsize…
people
Amazon Founder Jeff Bezos is set to be the first billionaire in space! In a…
Serial entrepreneur, founder of Farmcrowdy, Onyeka Akumah is stepping down as CEO of the company…
Amazon CEO Jeff Bezos will formally step down as Amazon CEO for Andy Jassy, the CEO…
Zimbabwean-born telecoms mogul Strive Masiyiwa has been named the first black billionaire in the UK.…
Slack Wants Users To Avoid Getting Distracted From Pings or Mentions While ‘Status’ Is Live
A great benefit of ‘Setting a Status’ on Slack is that it keeps your colleagues…
More details are emerging about how Bill Gates and his wife of 27 years, Melinda Gates, are dividing…
Cryptocurrency
David Marcus, the head of Facebook parent company Meta’s cryptocurrency efforts, announced on Tuesday he…
As global markets fell last week on news of the new Omicron coronavirus variant, one cryptocurrency with the…
Nigerian Award winning music superstar David Adedeji Adeleke popularly known as Davido has teamed up…
The International Monetary Fund (IMF) has warned El Salvador against using bitcoin as legal tender…
African cryptocurrency exchange, Busha has raised $4.2 million in investment led by Jump Capital. Cadenza…
El Salvador after recently becoming the first country in the world to officially adopt the…