A new $1 billion fund has been established by the African Development Bank to speed up climate funding for the continent’s young firms. Akinwumi Adesina, president of the African Development Bank, made the announcement at a high-level intergenerational dialogue titled “Africa Driving Climate Adaptation Solutions and Jobs” that took place on the outskirts of Nairobi…
The General Application and Implementation Directive (GAID) was officially launched on Monday, September 4, 2023, by Dr. Vincent Olatunji, National Commissioner of the Nigeria Data Protection Commission. The Commission is taking a number of crucial regulatory steps, including the NDP Act GAID, to guarantee a smooth compliance process with the Nigeria Data Protection Act 2023….
Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced the Sophos AP6 Series to support the shift to hybrid environments with a new generation of remotely managed Wi-Fi 6 access points. The new offering adds another component to Sophos’ secure access portfolio, which includes Sophos Firewall and Sophos Switch. “With cloud-managed Wi-Fi, Sophos…
Eze is a B2B marketplace for new and used electronics such as smartphones, laptops, wearables, and tablets. It was founded in 2020 by David Iya and Joshua Nzewi. The platform connects telecommunication and global electronic wholesalers, allowing them to trade devices in wholesale quantities with real-time market data and eliminating transaction risk by acting as…
One of the most admirable of cryptocurrency’s many high promises is the possibility of bringing financial inclusion to disadvantaged people. The Nairobi-based Kotani Pay cryptocurrency payments firm wants to make it simpler for the sizable unbanked communities in Africa to send money across borders. A use case that affects the lives of hundreds of millions…
According to Google, Alex Okosi, who is now the regional YouTube head, will take over as MD of Google in Africa. The US internet giant said in a statement on Tuesday that Okosi will be in charge of Google’s operations in Africa, helping businesses and economies on the continent flourish as well as extending access…
African women-led businesses who wish to expand internationally are encouraged to apply to the Women Startup Competition Africa chapter, which has been launched. A nonprofit organization called the Women Startup Competition (WSC) works to give more women-owned enterprises access to funding options. The initiative has aided more than 620 female-founded early-stage businesses in 15 countries…
The stage is set for the largest gathering of fintech stakeholders from around Africa and the globe as the Africa Fintech Summit prepares for its 10th edition. The summit, renowned for fostering meaningful conversations, partnerships and other ecosystem-enabling engagements, is scheduled to take place from November 2-3, 2023, at Ciela Resort and Spa in Lusaka,…
Leading pan-African Banking-as-a-Service (BaaS) provider Anchor has revealed its $2.4 million Seed round, which will be used to introduce new products, improve its infrastructure for licensing and compliance, and assess potential new markets. Goat Capital led the round, which also included FoundersX, Rebel Fund, and other renowned investors. One of them is Y Combinator. The…
This September, during World Literacy Month, Innovation Edge has released a call for startups to submit proposals for funding and strategic support to develop their edtech innovation focused toward enhancing literacy and language acquisition in young children in South African households. Even though many parents lack the tools and resources necessary to give their kids…
Hyperspace Technologies Limited has secured a patent for Blockchain technology-driven Multi-Factor Authentication (MFA). Developed within the Hyperspace Technologies’ research and development (R&D) division, cipherKEY tap2sign™ MFA is a next-generation security system designed to leverage the decentralized nature of blockchain, the robustness of public/ private key cryptography, and the convenience of NFC (Near Field Communication) technology…
The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani in a 2-Day sensitization workshop organised by the National Data Protection Commission (NDPC) held in Abuja recently said that the government is committed to protecting the citizens’ data. The workshop was organized for stakeholders, including heads of government agencies, and members of the Association of…
The British Council’s Digital Library was launched on Thursday, August 31, under the direction of Andrew Mitchell, the UK’s Minister of State for Development and Africa. This initiative is a part of the UK’s attempts to make educational resources “available to all.” Mitchel, who is on a four-day visit to Rwanda, praised the new initiative…
Dates for the forthcoming Second Level Domain (SLD) auction have been released by the Kenya Network Information Centre (KeNIC). The online auction will take place between October 1 and November 3, 2023. The third auction was held in 2017, the second in 2021, and the third in 2022, making this year’s auction the fourth. Internet…
Redesigned core technology courses have just been added to Nigerian institutions’ curricula by the National institutions Commission (NUC). During a recent stakeholder meeting, Dr. Chris Maiyaki, the commission’s acting Executive Secretary, reaffirmed that the new curriculum will be implemented beginning in September 2023. According to Maiyaki, universities will decide on the remaining 30% of the…
Governments of the five Southeastern states must begin to invest in digital infrastructure to boost the chances of effective digital adoption and open up myriads of tech opportunities in the region. Mr. Chukwuemeka Fred Agbata “CFA”, the managing director/ chief executive officer, Anambra State ICT Agency, made the call when he appeared as a keynote…
On May 29–31, 2024, the 17th annual eLearning Africa conference will be held in Kigali, Rwanda. eLearning Africa is a network of top experts, professionals, and investors dedicated to the future of education and training in Africa. It is the largest conference and exhibition on technology-supported learning, training, and skills development in Africa. The largest…
With cybercrime increasingly posing a significant risk to enterprises globally, cybersecurity experts in South Africa are forecasting more challenging times ahead as threat actors exploit emerging innovations to launch sophisticated cyber attacks. Driven by heightened technological advancements such as artificial intelligence (AI) and machine learning (ML), cybercriminals relentlessly utilize popular digital tools and platforms to…
Creators come to Instagram everyday to create and connect, grow their audience, and build their business. With more than 2 Billion people using Instagram each month, Instagram offers a global reach and wide breadth of features, which makes it a one-stop-shop for all creators, and offers a variety of opportunities and experiences for creators everywhere….
Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced that it has uncovered how research contests run by cybercrime forums are helping to inspire new methods of attack and detection evasion. The contests mirror legitimate security conference ‘Call For Papers’ and provide the winners considerable financial rewards and recognition from peers and…
Sophos Retainer Cuts Red-Tape, Allowing Sophos Incident Responders to Quickly Investigate and Remediate Active Attacks Shorter Attacker Dwell Times Require Faster Response, as Indicated in Sophos’ New Active Adversary Report for Tech Leaders Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced its new Sophos Incident Response Retainer, which provides organizations…
The pinnacle of technological innovation and thought leadership, Art of Technology Lagos (AOT), returns for its fifth edition, AOT 5.0. With an unwavering commitment to progress, this year’s conference dives into two crucial pillars that are shaping Lagos’s future: “The Creative Economy” and “A Digital Lagos.” Curated by the Eko Innovation Centre in collaboration with…
The research for a national AI strategy is being conducted by top researchers, both Nigerians and foreigners, who have experience working in the Nigerian market, according to Bosun Tijani, Nigeria’s Minister of Communications, Innovations, and Digital Economy. In order to help to the creation of a better plan for encouraging technological innovation, Tijani is looking…
The market leader in artificial intelligence, OpenAI, announced on Monday that it is launching a ChatGPT version aimed at major organizations, extending the overlap between what OpenAI and its financial backer, Microsoft, provide to customers. According to the company, ChatGPT Enterprise provides additional security, privacy, and faster access to OpenAI’s technologies. Block, Carlyle, and Estee…
A first-of-its-kind educational in-person program for innovators in Nigeria was held by Meta. The Creator Lab, which attracted over 40 young and aspiring makers, gave them the chance to interact with other creators and learn from specialists. A foundational program to support aspiring and emerging creators as they traverse their paths and careers, The Creator…
According to Dr. Bosun Tijani, Minister of Communications and Digital Economy, the federal government has successfully obtained a loan for a domestic funding scheme in the amount of $500 million. He clarified that the main goal of this program is to promote entrepreneurship and innovation in the country’s digital sector. The Minister said we have…
As the country’s general election nears its conclusion, the government of Gabon has announced that it will impose a curfew and shut down the internet, citing “calls for violence… and false information.” After the country’s general elections on Saturday, the government of Gabon declared that it will impose a nighttime curfew and cut off internet…
Many tech enthusiasts have been looking forward to the day when the touch of sense will become a reality in the virtual world. It’s safe to say that the wireless soft e-skin will be instrumental in making this idea see the light of the day. A research team led by the City University of Hong…
The prestigious Africa Innovative Festival Awards, which will be held at the Bay Hotel in Camp’s Bay, Cape Town, on November 15, 2023, will once again honor the accomplishments of some of the continent’s most illustrious pioneers and innovative entrepreneurs in the fields of technology, telecommunications, and media. The Africa Tech Festivals are notable for…
In collaboration with SIAC and Dar Al-Handasah, Flat6Labs, a renowned seed and early-stage venture financing firm with offices in Cairo, has introduced the “Makers” ConTech Accelerator Program. Selected startups will receive up to US$100,000 in funding as well as access to pilot projects, industry experts, mentorship, business training, one-on-one consultations, coaching sessions, networking opportunities, and…