CredPal, a Nigerian financial company, has teamed up with Bolt, a ride-hailing business, to let its consumers “ride now and pay later.” The cooperation is a deliberate move by Credpal to strengthen its Buy-Now-Pay-Later products and provide clients simple credit financing solutions. By downloading the CredPal app, users can activate the option to pay for…
The ENRICH in Africa project, which aims to bring together key players from the European and African innovation ecosystems to support and enhance them, unveiled the ENRICH in Africa Centre (EiA Centre) at the annual congress that took place in Nairobi, Kenya, on November 25, 2022. The ENRICH in Africa project, an EU project funded…
Releaf, a digital firm that makes it simpler for African producers of consumer goods to get access to high-quality materials for their facilities, has raised $3.3 million in a Pre-Series A funding round that was oversubscribed. Samurai Incubate Africa, which had previously led Releaf’s seed round, served as the round’s lead investor and was joined…
Eko Anime Fest was back for its second edition at the canyon center Lekki. The event drew almost 2000 dedicated anime lovers across Lagos and Nigeria in colorful and descript cosplay. The 12 hour event was filled with activities such as a cosplay contest, face painting, games, vendors and amongst this, a photo booth. The…
In 2022, Kaspersky’s detection systems discovered on average 400,000 malicious files distributed every day, indicating a 5% growth compared to 2021. The number of certain types of threats also escalated: for example, Kaspersky experts discovered the 181% increase in the proportion of ransomware detected daily. These and other findings are part of Kaspersky Security Bulletin…
One Device to Rule Them All Imagine an average professional working for your corporation or department, and his daily life – we’ll call him Mike. Mike wakes up and checks his social media and SMS notifications. Maybe he’ll search a news video and broadcast it onto his smart television while he dresses. Touching his phone…
The company has continued to support Windows 7 for businesses that are still using it as part of the ESU program even though it reached the end of support in January 2020. Only security patches were included in the Extended Security Update program, which was offered to paying customers as part of the monthly Patch…
According to a security researcher, hackers obtained the email addresses of more than 200 million Twitter users and posted them on a hacking forum online on Wednesday. Alon Gal, co-founder of Israeli cybersecurity-monitoring company Hudson Rock, wrote on LinkedIn that the breach “will regrettably result in a lot of hacking, targeted phishing, and doxxing.” One…
The creators of the oddly endearing cat tail cushion, Yukai Engineering, are back with a new eccentric creation. The Fufuly, a new anxiety-relieving cushion from the Japanese manufacturer shown at CES 2023, uses a mild rhythmical pulsing as its primary therapeutic mechanism this time around. It is said that a Fufuly’s lifelike behavior stimulates your…
A $480,000 financing has been launched by Millesima Technologies, a Tunisian firm licensed under the StartupAct and focused on data technology, streaming media, and VOD. Millesima Technologies, established in 2021 by Haythem Dridi, specializes in video technology and data analytics. It provides an end-to-end solution that enables its users to design entirely virtual, partially virtual,…
As presale sales for Elon Musk’s Starlink, a satellite internet service, commence in Nigeria, the costs for its starter kits have been disclosed. The announcement was made by Starlink in a statement that TheCable saw on Tuesday. The change is in line with the business’s objectives to introduce and broaden its offerings in Nigeria this…
Many smartphone users would prefer to utilize a virtual QWERTY keyboard that could be presented as a hologram on a table in front of them instead of the confined QWERTY keyboard that comes with their device. These virtual keyboards might be bigger than a desktop computer’s QWERTY, providing users more room to type. This would…
The Emirates International Investment Company (EIIC) has provided funding to Egypt’s Mahaseel Masr, a regional B2B fresh produce digital platform, to accelerate the deployment of its agri-focused e-commerce platform. Mahaseel Masr is a smart digital platform that offers a variety of digital tools to make online transactions more reliable and secure, while also ensuring farm…
Digital Encode Limited’s Co-founders – Dr. Adewale Peter Obadare and Dr. Oluseyi Akindeinde – have been honoured with Lifetime Achievement Award by BusinessDay Newspapers. At the Nigerian Business Leadership Awards, organized by BusinessDay Newspaper held in Lagos on December 03, 2022, the co-founders, with many laurels in the bag, received industry-wide accolades for their outstanding…
According to reports, both outdated Android and iPhone handsets would no longer support WhatsApp, which is owned by Meta. Starting on December 31 and affecting as many as 49 cellphones, the adjustments will be in effect. Older iPhone users will need to update to iOS 12 or later, while Android users will need Android OS…
For the 2023 ASME Innovation Showcase, the American Society of Mechanical Engineers (ASME) is now seeking applications from social entrepreneurs who are specializing in hardware innovations. The esteemed global hardware accelerator is available to people and businesses bringing physical goods to market that will have a positive social and/or environmental effect and that enhance quality…
Today, Meta announced its “2022 Africa Year in Review,” which highlights some of the company’s activities and investments in Sub-Saharan Africa in the areas of innovation, support for SMBs and Creators, and community-building work. This shows Meta’s ongoing achievements and triumphs around the area and reinforces its ongoing investment in and commitment to Africa with…
The majority of Solarise Africa’s operations are in Kenya, and the company has secured $3 million from EDFI ElectriFI to develop there. Solarise Africa is an all-African provider of energy as a service with clever financing alternatives. Solarise Africa, which has operations in Kenya, South Africa, Uganda, and Rwanda, engages closely with partners to offer…
In a crucial step toward its goal of democratizing access to money and networks for exceptional African founders and accelerating the growth of Africa’s digital economy, Kazana Fund has announced the opening of its angel syndicate. The angel syndicate of Kazana Fund, an early-stage investor that seeks to collaborate with “great African startups,” seeks to…
Nigeria’s economy has been in a slump in recent months, owing to inflation, interest rates, public debt, and current account deficits. Nigeria’s inflation rate increased to 21.09 percent in October 2022, up from 15.92 percent the previous year. The volatile currency exchange rate, however, also has an impact on Nigeria’s economic problems. The term “Foreign Exchange” or…
In addition to the present US and UK corridors, Nala, a Tanzanian fintech firm and agent of #Ripple, a partner Modulr, has entered the European market. This will allow remittances to Africa from 19 EU countries. The NALA fintech recently incorporated ApplePay and Google Pay into its portfolio to enable payments from the US and…
The Federal Government claims that Elon Musk’s satellite company, Space X, would launch Starlink Internet Service before 2023 to provide broadband service and better internet throughout Nigeria. The Federal Government and Space X have already partnered on the project. The Nigerian Communications Commission (NCC) granted Starlink an Internet Service Provider (ISP) license approximately seven months…
Sam Ojei’s presence at the London Stock Exchange was not just symbolic; it represented a bridge between continents. Amidst the hustle of financial transactions and market dynamics, Sam engaged in conversations that transcended traditional investment dialogues. The mission of Hux Ventures Fund, as articulated by Sam, stood out – to build Africa’s future through strategic…
Effective software quality assurance in the Nigerian Digital Economy will greatly impact the digital economy’s accelerated growth, says Professor Isa Ali Ibrahim (Pantami), Nigeria’s Minister of Communications and Digital Economy. He remarked in the lead address at the first-ever Software Testing Conference in Nigeria with the theme “Impact of Software Quality Assurance in the Nigerian…
105 blockchain developers from the first cohort of the Africa Blockchain Center’s Blockchain Programming training course have graduated, according to the Kenyan Web 3.0 firm, which serves as Africa’s center of excellence for blockchain development. Six African nations, including Kenya, Nigeria, Tanzania, Zambia, South Africa, and Benin, are represented among the 105 graduates. Among the…
Targeting small and large enterprises worldwide, Senegalese startup Kwely has released the minimum viable product (MVP) version of its B2B web store for “Made in Africa” products. Kwely was founded on the notion that “Made In Africa” products have a place on the global market and may assist increase African exports as well as the…
The youth of Kenya and students at higher education institutions are the target audience for Save the Children’s first digital innovation competition in Kenya. The innovation challenge gives young people between the ages of 18 and 35 the chance to develop original digital solutions for organizational level feedback mechanisms, scientific or indigenous technology to increase…
The majority of Twitter users who took part in Elon Musk’s poll to be fired as CEO of the microblogging network voted to have him fired. Musk, the wealthy founder of Tesla Inc., started a poll on Sunday to decide if he should continue serving as CEO. According to the poll’s results, which were finalized…
It took WhatsApp some time, but it added the feature to allow users to delete transmitted messages for everyone in 2017. WhatsApp offers the option to delete a message exclusively for you in addition to removing it for everyone. If you use WhatsApp frequently, you probably encountered a circumstance when you mistakenly selected the Delete…
In the coming 12 months, Visa plans to roll out specific Kenyan variants of its Visa Everywhere Initiative and She’s Next global financial innovation and women’s empowerment programs. In collaboration with financial institutions, Visa’s She’s Next program will be introduced in Kenya in 2023 with a focus on helping female entrepreneurs with their fundraising and…