Tech

20 March 2024 - Since the Central Bank of Nigeria (CBN) announced a floating FX regime in June 2023, the naira has depreciated by as much as 68% in value. For businesses with a portion or all of their operating expenses tied to the dollar, this has resulted in…

20 March 2024 - One month after Uber’s announcement of its plans to back Moove in a $100 million funding round, the Nigerian vehicle financing platform has indeed secured a $100 million Series B. This strategic move marks a major advancement for the company,…

20 March 2024 - mTek, an innovative online insurance platform, has successfully raised $1.25 million (KSh 167.8 million) in funding to drive its expansion in the Kenyan and East African insurance markets. The company plans to leverage the investment from Verod-Kepple…

20 March 2024 - Kuda Technologies, the Nigerian-based parent company of Kuda Microfinance Bank, has recently obtained payment licenses in Tanzania and Canada. This significant achievement paves the way for the company to expand its presence across the African and…

19 March 2024 - With this update, the Messages' new camera UI will replace your Android phone's default viewfinder. 

19 March 2024 - A step-by-step guide on how to use Instagram Reels for short-form video content.

19 March 2024 - Microsoft is establishing a new division called Microsoft AI. This division will be led by Mustafa Suleyman, formerly co-founder of Inflection AI, who will serve as the EVP and CEO.  Suleyman will be joined by Inflection co-founder Karén Simonyan as…

19 March 2024 - While the majority of cookies are completely secure, some can be used to spy on you or gain access to important information.

19 March 2024 - Through tappi’s existing partnership with MTN Côte d’Ivoire, the digital commerce startup has expanded its services to Côte d'Ivoire, to help Ivorian businesses create an online presence.

19 March 2024 - The news comes after the embattled crypto exchange scaled back operations in Nigeria following a regulatory standoff earlier this month.

19 March 2024 - Brass has raised a fresh capital from a group of investors, four people with knowledge of the deal told TechCabal, after it told customers on Tuesday that regular service had resumed.

19 March 2024 - Vodacom Group is set to cut 80 jobs in South Africa in a bid to reduce rising costs.

19 March 2024 - Vertiv has kicked off a 2024 incentive that will see new distributors who join the Vertiv Partner Programme over February and March 2024 receiving additional benefits. This applies to new approved partners within South Africa,... The post Vertiv…

19 March 2024 - Its EV battery technology is miles ahead of US offerings and it appears that U.S. automobile companies such as Ford and Tesla cannot do without the Chinese battery maker.

19 March 2024 - Ride hailing platform Bolt has today launched an Accelerator Program for its drivers and riders in Kenya. The program will see the company invest €20,000 (about Kshs 2.92million) seed fund to support business plans developed by Bolt drivers and…

19 March 2024 - Cairo, Egypt – March 2024  Tiye Angels, Egypt’s first female angel investment network, is proud to announce its first inaugural investment in InCurA, a promising company developing innovative, patent-protected medical devices solutions. This…

19 March 2024 - Vertiv introduces rewards for new partners in Africa, encouraging growth and collaboration in critical digital infrastructure.

19 March 2024 - Türk Telekom and ZTE achieve 50Gbps+ speeds, advancing Turkey's telecommunications infrastructure and future-proofing connectivity.

19 March 2024 - V-Green will help Vinfast expand its charging networks across 50 countries before the end of 2024.

19 March 2024 - Meet Kehinde Olutubosun, a visually impaired individual from Nigeria with a passion for geography and animals. Despite his enthusiasm, accessing information has been a challenge due to the lack of a smartphone. However, this is about to change thanks…

19 March 2024 - The funding round includes wealth fund Mubadala who led the previous round last August and other investors, pushing Moove’s market value from $550 million to $750 million.

19 March 2024 - While 2023 saw some high-profile successes like Rivian's electric vehicle debut, overall, the IPO market has largely underperformed.

19 March 2024 - In this guide, I will show you how to host Twitter Spaces (now X Spaces) for live audio and video conversations.

19 March 2024 - Saskia Van Der Mast and Hayo Afman, the co-CEOs of the Dutch family fund DOB Equity, have stepped down, throwing open the leadership of one of the largest private equity funds in East Africa.

19 March 2024 - Vodacom, South Africa’s largest mobile network operator by subscriber base, will cut 80 jobs to reduce costs, according to reporting by Bloomberg.

19 March 2024 - Nigeria has attracted eight subsea cables with huge capacities for connectivity and pushing investors to build bigger hyperscale data centres for storage

19 March 2024 - Users can now send and receive money using their Alipay digital wallets in near real-time.

19 March 2024 - Nigerian startup Zone, a fast-growing payment infrastructure company, has raised US$8.5 million in an oversubscribed seed funding round to help it scale its blockchain-based decentralized payment infrastructure for financial services providers across…

19 March 2024 - Kenya reaffirms commitment to responsible AI, emphasizing humanity, ethics, and democratic values at Seoul conference.

19 March 2024 - Omnispace, a satellite broadband service provider based in the US, has entered into a partnership with MTN Group to enhance the mobile operator’s terrestrial mobile network. Utilizing 3GPP standards, the collaboration aims to deliver services to both…

19 March 2024 - TechStars-backed GetEquity is raising $1 million to add bonds, fixed income assets, and other less risky investments.

19 March 2024 - MainOne experiences fault due to environmental factors, disrupting internet services; repair efforts underway.

19 March 2024 - Zone, a Nigerian blockchain startup aiding banks and fintechs in payment processing, has secured $8.5 million in its first venture capital funding round since transitioning into an independent entity in 2022. Previously integrated within its parent…

19 March 2024 - South Africa progresses in its efforts to establish a competitive electricity market as legislation laying out the framework moves forward. The Electricity Regulation Act Amendment Bill, aimed at opening the national power grid to private generators,…

19 March 2024 - According to a recent report by the Uptime Institute, a significant majority of datacenter operators, approximately three-quarters, have a workforce comprising 10 percent or fewer women. The underrepresentation of women in the datacenter industry is…

19 March 2024 - Bolt, a ride hailing platform in Africa, has launched an Accelerator Programme to empower Kenyan drivers and couriers or their... Source

19 March 2024 - The foldable smartphone market in the country and globally has grown these past few years but their high price has kept most people from getting themselves a unit. This is why Samsung is making a cheaper Galaxy Z Fold6 and now we have more details…

19 March 2024 - Kenya holds the top spot in digital advancement within Eastern Africa, as highlighted by the 2023 Eastern Africa Youth Digital Readiness Index, boasting a leading score of 26.75. This positions Kenya at the forefront of the region’s digital…

19 March 2024 - Flutterwave has appointed Dipo Fatokun, former director of the Central Bank of Nigeria, as the new chairman of Flutterwave Technologies... Source

19 March 2024 - Moove, a car-financing startup, has raised $100 million in a Series B round reportedly led by Uber, bringing its total fund raised to about $460 million.

19 March 2024 - In 2023, there was a marked drop in crypto crime, with less value being received by illicit crypto addresses and a shrinking share of illicit transactions. This was driven by increased industry-wide security and compliance... The post How Binance…

19 March 2024 - Data will play an invaluable role in helping public and private sector stakeholders across Africa identify ways to increase access... Source

19 March 2024 - Koffi Kelvin, a QA extraordinaire, takes you behind the scenes to reveal the magic (and science!) behind bug-free apps! Buckle up for some quick-fire questions that'll make you see your apps in a whole new light.

19 March 2024 - In Tanzania’s Zanzibar archipelago, rural agriculturists are employing an AI-powered application named Nuru, which operates in the local Swahili language, to identify a catastrophic disease affecting cassava crops early on to prevent its spread.…

19 March 2024 - MTN Rwanda reveals 11.2% YoY service revenue growth, driven by Data, Fintech, and Enterprise segments.

19 March 2024 - The world is going electric — from vehicles to smartphones, portable electronics and renewable energy storage systems. According to Oscar van Antwerpen, who is the director and founder of leading geological consulting firm Minrom, this battery-powered…

19 March 2024 - The deal aims to bolster SMEs and domestic consumers' access to sustainable energy and drive economic growth.

19 March 2024 - The partnership focuses on digital safety education, combining in-app initiatives and educational resources.

19 March 2024 - The annual competition seeks tech-driven startups fostering social and environmental impact, offering substantial prizes and support.

19 March 2024 - Village Capital, with support from Moody’s Foundation, have launched Greentech 2024: The Future of Sustainability, an investment-readiness accelerator. The program is designed to advance innovative and sustainable solutions, actively contributing…