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South African Payment Ring Maker VezoPay Partners with Nedbank
VezoPay Partners with Nedbank: VezoPay, an innovative South African company, has “onboarded” its first banking partner, Nedbank, and plans to add other financial institutions soon. The company recently generated smart rings for tap-and-go payments in the local market, with prices…
South Africa Introduces Its First Electric Bus Fleet
South Africa’s First Electric Bus Fleet: BYD, manufacturer of new energy vehicles and power batteries, will provide Golden Arrow, a bus operator in South Africa, with 120 electric buses. This comes after BYD secured a deal with the Golden Arrow…
Intron Health Secures $1.6m to Boost African Speech Recognition
Intron Health, a health tech company, has raised $1.6m in pre-seed to improve African speech recognition. This will help the company develop its clinical speech recognition platform further, designed for the African linguistic landscape with over 200 accents. The round…
Netflix Subscription Prices Jump 83%, Premium Now Costs 7,000 Naira
Netflix Price Increase: Premium at 7,000 Naira: Netflix has increased its prices in Nigeria and the premium plan now costs 7,000 naira. This is an 83% increase from the previous 5,000 naira. This is the second increase in three months…
Meta Removes 63,000 Instagram Accounts Linked to Sextortion Scams
Meta has removed 63,000 Instagram accounts in Nigeria linked to sextortion scams. These accounts were mostly from a group called “Yahoo Boys” who were targeting adult men in the US. They would pose as young women online, create fake profiles…
Ticketmaster Buys South Africa’s Quicket
Ticketmaster has acquired Quicket, a major ticketing platform in Africa. This is a big move in their expansion plans for the continent. Quicket was founded in South Africa in 2011 and has a presence in several African countries including Nigeria,…
ITU Report: Nigeria Ranks High in 5G and Digital Transformation
Nigeria’s High 5G and Digital Readiness Ranking: The recent report, by the International Telecommunication Union (ITU) has acknowledged Nigeria’s progress in 5G and digital readiness placing the country at 71%. This achievement ranks Nigeria among the seven nations in the…
SearchGPT: OpenAI Challenges Google with New AI Search Tool
SearchGPT: OpenAI’s AI Search Tool vs. Google: OpenAI, the company behind ChatGPT, has released a new prototype called SearchGPT. This AI powered search tool is gunning for Google’s search engine crown by being more conversational and informative. SearchGPT is currently…
Bolt Offers 15% Bonus to Drivers to Keep Them on Board
Bolt’s 15% Driver Bonus: Bolt, a leading ride-hailing company in Nigeria, has offered drivers a 15 percent commission kickback bonus. This development was revealed in a message the company sent drivers as reported by Technext. Bolt’s 15% Driver Bonus The…
Zuckerberg Claims New Llama 3.1 Model Competes with Chatgpt
Zuckerberg’s Llama 3.1 vs. ChatGPT: Meta released a well-constructed open-source AI model in April, and now, on July 23, it has finally released its latest AI model. Meta Llama 3.1 is the company’s first for the AI industry. Zuckerberg’s Llama…