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Global Fintech Drops: Global investment in fintech declined badly in the first quarter of the year. The investment fell by a tremendous 16 percent in the first three months of 2024. This assertion was revealed in a report by CB…
The tech industry is a landscape of constant flux, where companies rise and fall with the tides of innovation. In a recent development that has sent shockwaves through the industry, chipmaker Nvidia is about to overtake Apple, the world’s most…
An intense debate has erupted within the Bitcoin community over a proposed software upgrade known as BIP (Bitcoin Improvement Proposal), with proponents touting its potential to propel Bitcoin into the future of finance and detractors raising concerns about its impact…
Wema Bank will retain its national license as it aims for the tier-1 banking sector. This development was highlighted by the Managing Director/CEO, Moruf Oseni, of Wema Bank. He said this in an Annual General Meeting at the bank, which…
SoftAlliance, a solutions provider, has declared its dedication to driving digital advancement, as it marked its 20th anniversary. The company is a highly motivated and resourceful firm offering advanced IT services to run businesses efficiently through its diverse expertise and…
The Spark Accelerator program, an initiative of Safaricom, M-Pesa Africa, and Sumitomo Corporation, has selected nine early-stage Kenyan startups. The initiative seeks to grow and equip early-stage startups with relevant knowledge. Safaricom Spark Accelerator Safaricom launched the Spark Venture Fund…
Jumia Nigeria, the country’s leading e-commerce platform, has made significant strides towards bolstering its operations and logistics network within Nigeria. This move signals a major commitment by Jumia to improve customer experience and solidify its position in the ever-growing e-commerce…
NCBA Bank, a Kenyan commercial bank, has founded a suite of trustee services solutions themed “Safeguarding Collective Investments”. This development comes after the bank acquired a Real Estate Investment Trust (REIT) trustee license from the Capital Markets Authority (CMA) in…
OpenAI revealed it has inaugurated a new committee to make recommendations to the company’s board about safety and security. This development comes weeks after the company dissolved a team focused on AI safety. OpenAI stated that the new committee would…
Pepkor, a leading retail group in South Africa, has achieved remarkable success in the cellphone market, recording sales of over 5.6 million units in just six months. This impressive feat highlights Pepkor’s growing influence in the South African cellphone landscape,…
