To empower Nigerian companies and young innovators, HabariPay Ltd., a fintech company based in Nigeria that offers best-in-class payment solutions to support the expansion and success of businesses throughout Africa, has announced the commencement of its inaugural hackathon, “Take on Squad Hackathon 1.0.” The goal of the Take on Squad Hackathon 1.0 is to find…
Applications are now being accepted for the 12-month tech entrepreneurship training program offered by the Meltwater Entrepreneurial School of Technology (MEST). MEST is a pan-African software and entrepreneurship training program, seed fund, and incubator that was founded in Ghana in 2008 by serial entrepreneur Jorn Lyseggen. It assists in the establishment of technology firms around…
IFC has announced a $20 million equity investment in the Africa50 Infrastructure Acceleration Fund (IAF Fund), which will fund projects related to digital infrastructure, renewable energy and power, transportation, logistics, and water and sanitation. The goal of the IAF Fund is to support sustainable infrastructure development throughout Africa. The fund seeks to engage in initiatives…
LG has recently unveiled its most luminous OLED TVs to date, effectively addressing a longstanding drawback of this panel technology: its compatibility with well-lit, sunlit spaces. The C3 OLED of 2023 has garnered rave reviews, with critics hailing it as an exceptional television devoid of any significant flaws. Numerous other assessments have also lauded it…
…LG’s 2024 OLED TVs Unleash Unparalleled Immersion with Enhanced AI Processor and Cutting-Edge Features. There are more aspects to take into account apart from screen size and color representation when searching for a TV that is ideal for watching sports. Achieving an authentic stadium or arena experience necessitates exceptional motion control handling. Easily stay up…
Applications for the second edition of BlueInvest Africa, an initiative for investors and entrepreneurs in the blue economy, are now being accepted. The call for projects is directed at businesses that have their formal registration, are based in Africa, and are currently engaged in one or more blue economy areas. Additionally, African small, micro, and…
On Thursday, January 11, the price of Bitcoin continued to trade at $46,331, showing a slight benefit. The US SEC has officially approved 11 Bitcoin ETF applications, including those from Blackrock, Fidelity, and Invesco, in a historic move. Even while Bitcoin did not respond to the news right away, it has nevertheless created a sense…
In Paynesville, Liberia, an IT business called 231Data has launched a free one-month course on digital transformation training. This program is intended for Liberians aged 11 to 35 and is sponsored by the Liberia Telecommunications Authority (LTA). The program’s goal is to give participants the fundamental digital skills they need. It started on January 2nd…
The Central Bank of Nigeria gave the Africa Stablecoin Consortium’s cNGN Naira stablecoin initiative the go-ahead on January 4th, according to the CBN’s regulatory sandbox. In order to maintain compliance, transparency, and a focus on consumer safety, the ASC has said that they want to collaborate closely with regulators from the CBN, Nigerian Securities and…
The emergence of generative AI apps, such as Microsoft’s Copilot and OpenAI’s ChatGPT, has rendered typical AI voice assistants, such as Siri and Google Assistant, outdated. AI assistants on phones are limited in what they can do, whereas sophisticated chatbots can carry on human-like conversations, answer questions on a variety of subjects, and can even…
It was a challenging year for tech entrepreneurs in Africa. As previously projected, obtaining venture funding proved to be challenging; bridge and down rounds were commonplace; and rumors of fire sales, layoffs, and business closures spread over the continent. Startups and scale-ups in Africa have experienced far-reaching implications as a result of the overall amount…
A business ceases to exist the moment it stops creating value and generating sales and revenue. Pricing is one of the most important aspects of your business and it ties all these three elements together in one. Every business has a pricing strategy they deploy as this determines how they intend to make money and…
Facebook’s mobile app now has a “Link History” setting that records every website you’ve visited over the last 30 days. Now accessible through the Facebook app for iOS and Android, the setting is enabled by default but is optional. According to reports, Facebook users are seeing an in-app pop-up that explains the link history feature…
Discover the LG Smart Cottage, a revolutionary sustainable living concept that wholeheartedly embraces and champions eco-friendly practices. This groundbreaking and innovative space serves as a testament to LG’s unwavering commitment to creating a greener and more sustainable future for all. The LG Smart Cottage is a haven of cutting-edge technology and energy-efficient solutions that seamlessly…
Kenya’s Safi Protocol is a blockchain-based platform that connects certified real-world African renewable energy consumers with the decentralised finance (DeFi) ecosystem. Founded in 2022, Safi Protocol provides DeFi users with a cutting-edge investment channel while facilitating easy access to renewable energy solutions for individuals and enterprises. Co-founder and head of operations George Mosomi told Disrupt…
The launch of RAISEAfrica, the Renewables Accelerators for Innovative Startups and Entrepreneurs in Africa, has been announced by the RES4Africa Foundation. A foundation called RES4Africa, or Renewable Energy Solutions for Africa, strives to promote Africa’s equitable energy transition so that the SDG7 can be accomplished. The recently launched RAISEAfrica program is a comprehensive effort created…
The landscape of cyber threats has significantly expanded in terms of volume, complexity, and impact of attacks over the past few years. Consequently, regardless of their size, industry, or geographic location, the vast majority of companies prioritize protection against these threats and primarily strive to implement robust cyber defense measures to counteract them. However, given…
Hyperspace Technologies Limited has secured its second patent and trademarks for cipherCHIP tap2verify: A blockchain-integrated contactless product authentication & verification system. The Lagos-based Web3 startup specializes in next-level smart security infrastructure and key management systems. Developed within the Hyperspace Technologies Limited’ research and development (R&D) division, “cipherCHIP tap2verify” system presents a novel approach to product authentication…
Sophos, a global leader in innovating and delivering cybersecurity as a service, has released a report, titled “CryptoGuard: An Asymmetric Approach to the Ransomware Battle,” which found that some of the most prolific and active ransomware groups, including Akira, ALPHV/BlackCat, LockBit, Royal, Black Basta, are deliberately switching on remote encryption for their attacks. In remote encryption attacks, also known as…
The Zambian government has announced plans to establish Community Digital Transformation Centres to improve its digital ecosystem. This follows the news that each member of Zambia’s parliament will receive a Starlink kit for their home constituency. According to the Minister of Technology and Science, Felix Chipota Mutati, the centres will serve as hubs where citizens can get free Internet…
Educational robotics is a method of teaching that helps kids and teenagers learn new abilities by using robots and electronic components. According to Diane Uwasenga Sengati, the acting head of the ICT in Education Department, the Rwanda Basic Education Board (REB) is thinking about adding educational robotics courses to the national curriculum. Educational robotics is…
The Kenyan government has revealed plans to build 1,450 ICT hubs in the country as part of its efforts to implement the recently launched Digital Master Plan 2022-2032. The project, set to begin in 2024, will offer Kenyans digital literacy training, film production, and public access to government services across the country. Eluid Owalo, the ICT cabinet…
Through its digital platform, Ghanaian startup Oceansmall is enabling small-scale fishing communities to access markets and overcome obstacles including low income, low output levels, and subpar living conditions. Oceansmall, founded in 2020 by Caroline Pomeyie, has created and applied fundamental technologies to improve and optimize the supply chain for fisheries. With the help of its…
In a thought-provoking post on LinkedIn Professor Ndubuisi Ekekwe shared a captivating anecdote about a resourceful bird and its remarkable ability to overcome a seemingly insurmountable challenge. This simple yet profound analogy sparked a wave of inspiration, prompting me to delve deeper into the parallels between the bird’s actions and the fundamental principles of entrepreneurial…
Ahead of its enforcement drive in 2024 and in a bid to ensure professionalism among firms that are licensed to carry out compliance as a service, the Nigeria Data Protection Commission has issued a Code of Conduct for DPCOs in Nigeria. Whilst addressing the meeting of the Commission with the DPCOs, the National Commissioner, Dr….
In order to support and give possibilities to children and young people in Africa, RiverSafe, a professional services provider for cyber security, data operations, and DevOps, has teamed up with the education-focused organization Path to Possibilities. Breaking the Cycles of Impoverishment for Nigeria’s Youth With the help of learning resources and elementary and secondary school…
The Electronic Investors Protection Portal (EIPP), a digital portal created to protect Ugandan investment procedures, was introduced by President Yoweri Kaguta Museveni. The portal, an initiative of the State House Investors Protection Unit led by Col. Edith Nakalema, will provide investors with access to reliable government sources, guidance, and a thorough reporting mechanism for their…
A fund for creatives named Somefund has been introduced by US-based animator and artist Somehoodlum and multihyphenate creative/entrepreneur Arsonic (Zeblocks). Somehoodlum claims in an Instagram post that the fund, also known as an artist empowerment contest, is available to creatives in need of money for projects involving short films, equipment purchases, assistance with music videos,…
The ARM Labs Lagos Techstars Accelerator, which offers access to up to US$120,000 in equity capital and other forms of support, has picked twelve entrepreneurs for its second round. The three-month-long ARM Labs Lagos Techstars Accelerator was established by Techstars, a global investment firm that offers early-stage entrepreneurs access to capital, one-on-one mentorship, and customized…
Though there were initially expectations that the nascency of the African tech ecosystem may mean it spared too much damage, the expanding extent of the continent’s “startup graveyard” implies that is not the case. Venture capital financing has fallen dramatically globally in 2023. According to PitchBook data, venture capital funding nearly halved globally in the…