From October 12 to 28, more than 500 high school students from underserved communities of Agege, Alimosho and Ifako-Ijaiye in Lagos Education District 1, participated in a series of STEM workshops sponsored by the U.S. Consulate General in Lagos. During the workshops, the students learned how to build, program, and fly drones, computer coding, solar panel assembly,…
HP Inc. Monday released its latest HP Wolf Security report: Out of Sight & Out of Mind, a comprehensive global study highlighting how the rise of hybrid work is changing user behavior and creating new cybersecurity challenges for IT departments. The research shows that a growing number of users are buying and connecting unsanctioned devices outside of…
AfriLabs, in collaboration with African Business Angels Network (ABAN), has officially launched Catalytic Africa, a co-matching fund designed for African startups, at the AfriLabs Annual Gathering held on Thursday, October 28th, 2021. Catalytic Africa is an investment tool that aims to increase the pool of capital available to promising African growth-stage entrepreneurs, support the startup…
eNaira is more or less like a digital version of the physical Naira. It is a Central Bank Digital Currency (CBDC) issued by the Central Bank of Nigeria (CBN) and will exchange 1:1 to the physical Naira. The eNaira was launched by Nigeria’s President flanked by the VP and CBN Governor on October 25, 2021…
Kenya-based electric mobility startup Opibus has raised US$7.5 million in equity and grant funding to help it scale its operations in electric motorcycle and bus manufacturing. Founded in 2017, Opibus is the leading provider of electric vehicles designed and manufactured locally. Its vision is to create reliable and cost effective products designed for the pan-African mass market….
Mastercard has partnered with MoneyFellows, the digitized ROSCA (Rotating Saving and Credit Association) system, to offer MoneyFellows customers a range of new digital solutions and services that will help drive the expansion of Egypt’s digital economy. MoneyFellows has taken the traditional ROSCA model, or “Game’eya” as referred to by Egyptians, into the digital age by offering…
Facebook whistleblower Frances Haugen’s message about Instagram’s impact on teenage girls was unequivocal: Facebook’s studies found that 13% of British teens said Instagram prompted thoughts of suicide, and 17% of teen girls say Instagram makes eating disorders worse. These statistics, however, are only one part of the bigger picture when it comes to the general safety of…
Years ago, Americans spent most of their disposable income on food but consistent investment in retail infrastructure has changed that. Now, they only spend 6% of their household income on food and beverages. Africa still battles with this and it is not hard to see why. The continent’s retail markets are highly fragmented and mostly made up of small…
SHAREit Lite is a flagship application to enable Nigerians to transfer files very efficiently and fast, without mobile data. Propelled by its mission to make digital content equally accessible by everyone, as the transmission-oriented utility app, it aims to smoothen the process of near distance peer-to-peer file transfer for Nigerian users. A study by Data…
The Kigali-based non-profit Norrsken has partnered the Novartis Foundation to build and launch what it says will be the leading hub and accelerator for e-health startups in East Africa. Founded by Niklas Adalberth, one of the founders of Swedish fintech unicorn Klarna, in 2016, Norrsken aims to help entrepreneurs solve the world’s greatest challenges. Disrupt Africa reported in 2019 the…
Rwanda-based electric motorcycle company Ampersand has secured a US$9 million loan facility from the US International Development Finance Corporation (DFC) to expand its operations in Rwanda and Kenya. Launched commercially in May 2019, Ampersand assembles and finances electric motorcycles that cost less to buy and operate, and perform better than the five million petrol motorcycle taxis in…
The Federal Government has approved the extension of the deadline for National Identity Number (NIN)-Subscriber Identity Module (SIM) data verification to “the end of the year 2021”. This is according to a recent statement by the Nigerian Communications Commission (NCC) . This is coming just 3 months after the last extension and barely a day to the expiration of…
The Federal Aviation Administration (FAA) has raised significant concerns about a plan to use spectrum for 5G wireless networks on aviation safety and is planning to issue a formal warning about the issue, according to sources and a letter seen by Reuters. The aviation industry has voiced alarm about the plan to use C-Band spectrum…
KnowBe4, the provider of one of the world’s largest security awareness training and simulated phishing platform, has announced the results of its Q3 top-clicked phishing report. “Social engineering attacks continue to be one of the top ways malicious hackers breach organizations and/or cause damage,” said Stu Sjouwerman, CEO, KnowBe4. “We are seeing a continued increase…
Generation Z is rapidly stepping onto the world stage. They are graduating from high school, entering the workforce, and studying at tertiary education institutions. Referred to as digital natives, this generation grew up with technology and has no knowledge of life without it. They are globally connected, incredibly mobile, entrepreneurial, and crave autonomy – especially…
Kaspersky, with the support of the DiploFoundation (a non-profit educational foundation), has developed an online simulation game to help diplomats and other cyber-professionals without a technical background understanding what’s happening during a cyberattack and developing an effective response to it at the international level. When ensuring cyber-stability, it is necessary to have a solid understanding of how…
KongaPay, a Central Bank of Nigeria (CBN)-licensed fintech platform, is on course to grow its active subscriber base to over three million by 2022, data released by the company has shown. The mobile money platform, the leading provider of digital services for e-commerce shoppers in Nigeria, is one of the thriving subsidiaries within the Konga…
More tech entrepreneurs and innovators every day are throwing their weight behind cryptocurrency. Steve Wozniak, a computer scientist and programmer, who co-founded Apple with Steve Jobs, has endorsed cryptocurrency, saying crypto has “an awful lot of promise” through blockchain technology. He also said that Bitcoin, the world’s largest cryptocurrency by market capitalisation, is “just mathematically…
Apple lost its crown as the world’s most valuable public company to Microsoft on Friday, as the iPhone maker’s shares fell about 2 percent. Apple took a $6 billion hit to its sales during the fiscal fourth quarter due to persistent global supply chain problems, leading to a miss on Wall Street expectations. Top boss Tim…
Facebook’s rebranding as Meta has been followed up with the acquisition of Within, the company behind VR workout service Supernatural. As per The Verge, Meta recently revealed that the studio behind Supernatural will be joining the company, adding to the roster of studios owned by what used to be known as Facebook’s Oculus division. The company said that Within will continue…
Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, has launched a comprehensive sustainability strategy which sets out its detailed plans to improve the lives of millions of people across Africa through digital and financial inclusion and access to education. The strategy also includes specific goals around environmental…
Twitter is rolling out the ability for all iOS users globally to Super Follow select creators. The option was previously only available to users in the U.S. and Canada. Super Follows allow users to subscribe to accounts they like for a monthly subscription fee in exchange for exclusive content. It’s Super Following time –– everyone globally on…
During Facebook’s Connect 2021 conference, CEO Mark Zuckerberg announced that the company would be renamed from “Facebook” to “Meta,” and according to a statement from the firm, “Meta’s focus will be to bring the metaverse to life and help people connect, find communities and grow businesses.” More specifically, the company’s new name is “Meta Platforms…
Zipline, the global leader in instant logistics, has celebrated five years in flight since its launch in Rwanda in 2016. The company, which on average makes a delivery every four minutes, recently surpassed 200,000 commercial deliveries, the most of any unnamed aircraft system (UAS) company to date. This marks a significant acceleration over the last…
Facebook on Thursday announced it was changing the parent company’s name to “Meta.” Following the move, many people saw the rebranding exercise as an excuse to have a go at the social media giant. Twitter CEO Jack Dorsey was among them. He suggested that the new name of the company was confusing and it was…
A new strategic partnership has been announced in Africa’s telecom space as South African Liquid Intelligent Technologies (Liquid) and Orange, a French telecom and one of the largest telecom companies in Africa, sign a deal to leverage each other’s existing networks in Africa, allowing them even greater access and opportunity to build their businesses throughout…
Meta Platforms, the company formerly known as Facebook, is developing a smartwatch with a front-facing camera and rounded screen, according to an image of the device found inside one of the tech giant’s iPhone apps. The photo shows a watch with a screen and casing that’s slightly curved at the edges. The front-facing camera —…
The Africa Blockchain Centre (The ABC), a Kenyan startup focused on building technology capacity and offering blockchain solutions to key sectors announced today that it has raised an undisclosed investment from Next Chymia Consulting HK Limited, an Asian based company that provides blockchain solutions, consultancy services and training to global entities. Founded in September 2021, The Africa…
The Stellar Development Foundation (SDF) announced that Flutterwave, a global payments technology company, has launched two new remittance corridors between Europe and Africa on the Stellar network. Working with TEMPO, Flutterwave is leveraging the Stellar network and Stellar USDC to simplify remittances in Africa. Opening these new corridors will greatly benefit businesses focused on building more efficient, cost-effective remittance services, contributing to a stronger, more inclusive…
The Catalyst Fund Inclusive Digital Commerce Accelerator welcomed four Ghanaian digital commerce companies, OZÉ, Shopa, Swoove, and Tendo, as the second cohort to receive funding and support. The Accelerator, managed by BFA Global in partnership with the Mastercard Foundation and the Meltwater Entrepreneurial School of Technology (MEST), focuses on building the resilience of Ghana’s micro and small enterprises (MSEs). The companies selected for the second…