Economy

MTN Group has officially launched 5G networks in Benin and the Republic of Congo, marking a significant milestone in its mission to deliver cutting-edge digital solutions that advance Africa’s progress and enable the benefits of a connected modern life. This deployment of 5G technology represents a transformative step in reshaping how communities and businesses across

Venezuela President Nicolás Maduro has summoned TikTok authorities over an ongoing viral challenge on the platform. This month,…

eFinance Investment Group and Cassava Technologies (www.CassavaTechnologies.com) have entered into a strategic agreement to explore collaborative opportunities and drive joint expansion across Africa. The partnership was formalized during the 28th Cairo ICT Exhibition and Conference, held under the patronage of President Abdel Fattah El-Sisi. The collaboration aims to harness the unique strengths of both organizations.

Corona Management Systems (CMS) has launched Sauki, an AI-driven tool that generates simple briefs from mathematical modelling papers to improve access to public health research for decision-making and interdisciplinary learning across scientific and non-scientific audiences.  With its name translating to “simple” or “easy” in the widely spoken Hausa language in West Africa, Sauki makes technical

Check Point Software Technologies Ltd., a leading cyber security solutions provider, today announced the new Check Point Quantum Firewall Software R82 (R82) and additional innovations for the Infinity Platform. As organisations face a 75% surge in cyber-attacks worldwide, R82 delivers new AI-powered engines to prevent against zero-day threats including phishing, malware, and domain name system

In June this year, South Africans got yet another taste of how destructive criminal cyber attacks can be. As the month drew to a close, the National Health Laboratory Service (NHLS) fell victim to a ransomware attack. The incident delayed the processing of millions of blood samples, affecting patient waiting times for patients and by

As the year gradually comes to a conclusion and the anticipation of the Christmas season begins to set in, the necessity of hypervigilance increases. During this time, scammers try to defraud small business owners and unwary consumers at ATMs and shop tills, among other locations where cash is withdrawn or deposited. According to Zibu Nqala,

It is been over two months since the Stakeholders in the Blockchain Technology Association of Nigeria (SiBAN) were…

eFinance Investment Group and Cassava Technologies have signed an agreement to explore and identify opportunities for collaboration and joint expansion across Africa. The signing ceremony took place during the 28th Cairo ICT Exhibition and Conference, held under the auspices of President Abdel Fattah El-Sisi. eFinance Investment Group and Cassava Technologies plan to leverage each other’s

Breega, known for its five Europe-focused early-stage funds supporting startups like Alice&Bob, Moneybox, and Curve, has secured $52m for its new $75m African fund, with the final close expected by year-end. The firm has expanded its presence by opening offices in Lagos, Nigeria, and Cape Town, South Africa. With the new fund, Breega aims to The post Breega launches $75M fund to back African startups, citing boundless opportunities appeared first on Tech In Africa.

Roam, a Kenyan electric mobility company, is advancing efforts to make clean transportation more mainstream. With support from ENERGICA, a European Union-funded initiative, the company is establishing 10 new solar-powered Roam Hubs across Nairobi. These hubs will provide battery swaps, charging stations, and after-sales support for electric motorcycles. But the real question is whether this The post Roam Expands Network of Solar-Powered Hubs in Nairobi appeared first on Tech In Africa.

WhatsApp has launched an exciting new feature: voice message transcripts! Now, instead of listening to every voice note, you can read a text version — perfect for noisy environments or when you prefer not to hit play. To enable it, go to Settings > Chats and toggle on the “Voice message transcripts” option. Once enabled, The post WhatsApp Introduces Transcripts for Voice Messages appeared first on Tech In Africa.

Adding exotic currency pairs to a portfolio is a popular way to get exposed to a wider variety…

MTN is seeking partnerships with Low Earth Orbit (LEO) satellite providers to extend its network coverage to Africa’s rural and remote regions. This is a significant step, particularly given that these regions frequently face challenges with limited or no broadband and fiber connectivity. LEO satellites, which orbit closer to Earth than traditional satellites, provide faster The post MTN Partners with LEO Satellites to Expand Connectivity in Africa’s Remote Regions appeared first on Tech In Africa.

MTN Group has officially launched 5G networks in Benin and the Republic of Congo, demonstrating their commitment to leading digital solutions for Africa’s progress and promoting a modern connected lifestyle. The introduction of this groundbreaking technology marks a major advancement in the way businesses and communities in Africa interact, develop, and expand. In addition to

Overall, aside from Ikeja, the revenue collection report does not look great as DisCos suffered a revenue shortfall

powered by Advanced iFrame. Get the Pro version on CodeCanyon.

Authorities of the Economic and Financial Crimes Commission (EFCC) have made changes to its case against Binance before…

Cryptoqueen Ruja Ignatova, the founder of the infamous cryptocurrency scam, OneCoin is believed to be alive and hiding…

The bill proposes that employers provide all tools necessary for employee duties, regardless of ownership, and bars them from evading accountability by claiming they are not direct service beneficiaries. 

A voice-controlled bank app, smart PoS, and AI-powered lending solution won $9,500 at the Payaza Hackathon 3.0, held from November 20 to 21, 2024. The event focused on AI-powered financial inclusion for MSMEs. Seven teams competed to impress judges with fintech solutions that used AI to support MSMEs, helping them grow, scale, and thrive financially. The post Horizon AI Wins Payaza Fintech Hackathon 3.0 with AI-Powered Lending Solution for MSMEs appeared first on Tech In Africa.

Africa Global Logistics (AGL), formerly known as Bolloré Transport & Logistics, has launched its “Accelerate” program in Abidjan, Côte d’Ivoire, aimed at supporting African startups in the logistics sector. Six startups were selected for the program’s inaugural cohort, including Lomé-based Eazy Chain, founded by Wilfried Dabire. The other participants are PAPS and ALAL from Senegal, The post Eazy Chain from Togo Selected for AGL’sAccelerate’ Program to Transform African Logistics appeared first on Tech In Africa.

UAC Nigeria has unveiled the 1879 Tech Hub, a groundbreaking initiative designed to drive digital innovation and integrate technology into the heart of African businesses. The hub, named after UAC’s founding year, reflects the company’s dedication to harnessing technology as a catalyst for growth and sustainability. Fola Aiyesimoju, Group Managing Director of UAC Nigeria, highlighted The post UAC Launches 1879 Tech Hub to Propel Digital Innovation Across Africa appeared first on Tech In Africa.

NIMC recently announced that Nigerians will now pay for the new multipurpose national ID card due

Palmpay, the pan-African fintech present in three countries, has named Femi Hanson as the new marketing and public relations head for its Nigerian subsidiary.

By Johann van Niekerk, co-founder and CEO, Outsized The way people are envisaging and planning careers for themselves has changed. Traditionally split into ‘full time’ or ‘freelance’ (whatever form that may take), talent is starting to become fluid. People are looking for roles in permanent or contract positions based on their goals and aspirations. Businesses

The partnership will provide enhanced access to climate funding through green bonds and concessional funding

Kako Nubupko discusses his hopes for a future that prioritises agriculture, investment and good governance.

With the latest financing facility, Sylndr intends to support its ambitious growth strategy

The 8th PIDA Week is set to be a pivotal event for advancing Africa’s infrastructure development agenda. This year’s theme, “Fostering Resilient and Inclusive Infrastructure for Africa’s Sustainable Growth: Leveraging Transformative Financing and Regional Integration,” focuses on the critical intersections of water-energy-food nexus, green transport, urban development, and the broader green economy. PIDA Week 2024 will serve as a platform for stakeholders to discuss progress, forge new partnerships, and explore innovative financing solutions for Africa’s infrastructure needs.

Prosper Africa’s Tech for Trade Alliance (AT4T) is launching its latest pilot in Africa to field test a digital platform designed to increase visibility in Africa’s drug supply chains, resulting in a more transparent, efficient, and safe commercial market for medications. Prosper Africa, USAID’s e-Trade Alliance, IBM Consulting, and the National Association of Boards of

Africa’s top telecommunications operator, MTN, announces the launch of Cloudplay, a revolutionary new cloud gaming service, with Telecoming, a sportech company specializing in developing and distributing mobile experiences for sports and entertainment. MTN Cloudplay MTN Cloudplay will allow MTN users in South Africa to access a wide range of cloud-based video games, providing a high-quality

Black Friday has evolved from a one-day event in-store to a month-long period of deals and special offers, driven by advancements in online shopping and increased consumer behavior, with spending increasing annually during this time. Black Friday weekend spending peaked in 2023, and stores saw record foot traffic. This year’s Black Friday is expected to

Cheaper Chinese cars are gaining a foothold in cash-conscious South Africa, but manufacturers are yet to produce in-country.

The Africa Tech Alliance (ATAEx) Awards has, again, lived up to expectations by honouring individuals, organizations, and initiatives that have made a significant impact on Africa’s tech ecosystem, focusing on categories such as digital transformation, cybersecurity, ecommerce, financial inclusion, sustainability, and emerging technologies. For 2024, Kashifu Inuwa Abdullahi, the director-general of Nigeria’s National Information Technology

Executive trainees, who were earning ₦260,000 ($153) per month, will now take home ₦364,000 ($215) per month.

Applications are now open for the USADF Off-Grid Energy Challenge. The challenge is an initiative of the United States African Development Foundation (USADF) designed to achieve the following results: To increase electric power generation to unserved and underserved African communities through sustainable business model solutions To increase or/and expand energy access through off-grid solutions such

Cisco and the incubator hub Forge X announced their partnership to open a new EDGE Center in Johannesburg. EDGE, an acronym for “Experience, Design, GTM (Go to Market), and Earn,” gives local businesses access to cutting-edge Cisco connection and collaboration tools in addition to training and enablement resources. The Cisco EDGE centers serve as centers

In today’s edition: Marc Jury, MultiChoice South Africa CEO to resign in March 2025 || Fuel subsidy removal has saved Nigeria $20 billion || NDIC vows to pay uninsured Heritage depositors || Nigerians unable to afford healthy meals

Ghana and The Gambia have forged a landmark telecommunications agreement to implement the ECOWAS Free Roaming initiative. The partnership, established through Ghana’s Ministry of Communications and Digitalisation, Mobile Network Operators, and the National Communications Authority, aims to revolutionize cross-border communication between the two nations. The agreement, formalized through a Memorandum of Understanding paves the way The post Ghana-Gambia Partnership Ushers New Era in West African Telecommunications appeared first on Tech In Africa.

Egyptian home furnishing company Ariika has secured $3 million in Series A extension funding from Beltone Venture Capital and Citadel International Holdings. The investment positions the company to expand its presence across the Middle East and North Africa’s $20 billion home and décor market. The funding arrives as Ariika demonstrates strong market performance, reporting triple The post Ariika Accelerates Regional Growth with $3M Investment Boost appeared first on Tech In Africa.

Global technology leader Salesforce has unveiled its strategic entry into Nigeria, marking a significant expansion of its African footprint. The company, renowned for its customer relationship management (CRM) solutions, is taking an unconventional approach by prioritizing talent development over immediate market penetration. Nigeria’s position as Africa’s most populous nation, coupled with its youthful demographic, makes The post Salesforce’s Bold Vision: Building Nigeria’s Tech Talent appeared first on Tech In Africa.

The Global Startup Awards (GSA) Africa, in collaboration with the Global Innovation Initiative Group (GIIG) proudly revealed the 15 African winners at the GSA Africa Finale held in Cape Town, South Africa at The Unique Summit. The Summit was brought to Cape Town by the Global StartupCities Initiative and UVU Africa as convenor of StartupCity

Investment is surging as countries buy less cutting-edge servers but public infrastructure and training are still challenges. 

The African Development Bank is providing crucial support for African negotiators at COP29 as they fight for the continent’s priorities.

Tanzania underscores the growing readiness of African nations to make large-scale investments in agriculture and food production. 

African leaders united at COP29 at the launch of a report which finds that Africa’s green wealth is being systematically undervalued.

Traditional GDP metrics have undervalued Africa’s green wealth, leading to misaligned policies and limited access to green financing. A new report could change that.

The bond, supported by the African Development Bank, will mobilise private capital at scale and direct it to high-impact clean energy and clean technology investments.

The African Development Bank says that dirty cooking imposes an economic burden of $791.4bn, with health costs of $526.3bn.

Mr. Biram Fall, the Regional General Manager, QNET Sub-Saharan Africa, has said that with over 350 million unbanked adults, there is a significant potential of financial inclusion and digital solutions for Africa, and a vast opportunity to expand access to financial security, event through electronic commerce (eCommerce). Speaking as a lead presenter at the recent

By Savina Harrilall, Chief People Officer at Mukuru The Harvard Business Review describes the secret of corporate success as ‘human magic’. A culture that creates a space within which people thrive and where their ambitions, passions and commitment translate into productivity, results and shared growth. It is also an essential investment into the business at

In today’s edition: Inside Jiji’s playbook for gaining market dominance || Inside Nigeria’s tech ecosystem expansion || Kenya cancels $2.6 billion Adani deals after US indictment || Funding Tracker

By Olatayo L-Ajai, Regional Manager for West Africa at Infobip Personalisation and humanisation have emerged as the two fundamental pillars that underpin a successful customer experience (CX) strategy. As retailers strive to create memorable and engaging experiences for their customers, understanding the core elements that contribute to effective personalisation has become increasingly crucial. This is

"We have grown to have over 6 million active listings with a combined estimated value exceeding $10 billion. Jiji currently drives annual transaction volumes in the range of $10-20 billion."

LG Electronics announces the commissioning of solar-powered boreholes in the Nkpogu and Elekahia communities in Port Harcourt, Rivers State, Nigeria. This initiative reflects LG’s continued commitment to sustainable development, community empowerment, and improving basic living conditions for underserved populations. The newly installed boreholes are powered by solar energy, ensuring a reliable, environmentally friendly, and cost-effective

Dubai Racing Club (DRC) has named Zoho Corporation, a leading global technology company, as its exclusive technology partner for the next two years. This partnership will focus on digitising DRC’s operations, to enhance the club’s high-profile events and ensure a seamless, world-class experience for visitors, participants, and staff. The announcement was made during a signing