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Zone, a Nigerian fintech company with an innovative blockchain platform as its core, has made a big step forward by getting $8.5 million in its first funding round as a separate entity. This seed funding round that greatly exceeded expectations…
OpenAI, the globally known AI research lab, has paved the way for a revolution in video production with the launch of Sora, a text-to-video generator that will be available to the public soon. This marks a great leap in AI…
Since Thursday, March 14th, 2024, many parts of the West African countries have faced major internet disruptions because the undersea cables have been badly damaged. These cables are crucial for internet connections in the area, and their damage has caused…
In a strategic step to improve its management and enhance collaboration within the industry, Flutterwave, the top payments technology company in Africa, has named Dipo Fatokun, a former CBN Director, as its new Board Chairman. Fatokun’s appointment shows Flutterwave’s strong…
TikTok, the well-known short video platform owned by a Chinese company called ByteDance, is encountering a major problem in the US market. The US House of Representatives passed a bill on Wednesday, March 13th, 2024, with support from both parties…
The UK government is working to reduce the digital gap in Nigeria. The DigiGirls programme, run by the CyberSafe Foundation, has helped more than 65,000 women and girls in Nigeria learn important digital skills. This program empowers them and encourages…
Telkom Kenya, the third-largest mobile network operator in the country, is facing a significant loss of customers. Within a short span of three months, a large number of 800,000 Telkom’s mobile subscribers left the service due to network tower issues.…
Interswitch, a well-known company in Nigeria’s financial sector, is expanding into the telecommunications industry with the recent acquisition of a Mobile Virtual Network Operator (MVNO) license from the Nigerian Communications Commission (NCC) in May 2023. This move is significant as…
The conflict between Nigeria and the cryptocurrency company Binance has escalated. Nigerian officials have requested a large amount of user information from Binance, focusing on the top 100 users in the country. This unusual demand has caused concern in the…
MTN Uganda, a top telecommunications company in the country, has experienced a notable increase in profits, which it attributes to a data boom (rise in data usage), leading to a significant 16.1% increase in service revenue. This trend is transforming…
