malware

New malware attacking Android devices to be watched, NCC warns

The Nigerian Communications Commission (NCC) has alerted Nigerians to a new malware specifically attacking Android devices. NCC explained that the malware, named ‘AbstractEmu’, can gain access to smartphones, take complete control of infected smartphones and silently modify device settings while simultaneously taking steps to evade detection. According to the Commission, this discovery was announced recently…

Toshiba

Japan’s Toshiba announces plan to split into three firms

Toshiba’s board has approved a plan to split the storied Japanese conglomerate into three companies, it announced Friday, following tension with shareholders and a controversial takeover offer. The announcement confirms reports earlier in the week that said management was under pressure from shareholders to maximise the firm’s value by dividing its businesses. The proposal aims…

Data Centres

2 New Data Centres Costing $200-Million to Be Built in Nairobi

Africa Data Centres, a carrier-neutral co-location data centre provider, has announced a strong expansion in Nairobi. The company has begun the development of a second data centre of up to 20MW of IT load and is securing land for a third facility. This $200-million plus investment will double the country’s data centre capacity and serve…

UNICEF jumia

UNICEF, Jumia mull partnership to connect schools in Africa to the Internet

United Nations Children’s Fund (UNICEF) and African e-commerce platform Jumia, announced today a partnership in support of Giga’s work to connect every school to the Internet and every young person to information, opportunity, and choice. Jumia’s data science capacity will offer Giga insights into the economic benefits of increased connectivity, helping to make the case for…

ID Africa ICCO

ID Africa CEO, Femi Falodun joins PR professionals at ICCO Global Summit

The International Communications Consultancy Organisation (ICCO) has announced Femi Falodun, the CEO of Marketing, Media and Technology company, ID Africa, as a speaker at the ICCO Global Summit which holds on November 17 and 18, 2021. Femi Falodun will speak on a panel that will examine trends, opportunities and challenges in the African PR and Communications…

Disha flutterwave

Is Flutterwave’s acquisition of Disha a win for the creator economy?

Launched in 2019 by Cregital, a Lagos-based creative design agency, Disha Pages gave users the tools with which to build their own one-page websites from the comfort of their smartphones, without worrying about technicalities such as coding or sorting out a domain name. Credit: Disha (Medium) The product was an instant hit and got considerable adoption among creators…

Craydel

Kenyan ed-tech startup Craydel raises $1m pre-seed round

Kenyan ed-tech startup Craydel has raised a US$1 million pre-seed round of funding as it bids to democratise access to higher education in Africa. Launched earlier this year by Manish Sardana, John Nguru and Shayne Aman Premji, Craydel enables students and working professionals to discover, compare and apply to higher education in Africa and abroad. “An estimated…

Allianz Africa

Allianz Africa welcomes Allianz Technology on the continent

Present in Africa for more than 100 years, Allianz, one of the world’s leading insurers and asset managers is entering a new phase in its expansion on the continent with the launch of Allianz Technology’s activities in Africa. Indeed, Allianz Technology Africa (AZTA) has started its operations on the continent through the reconversion of an operational…

FirstBank

What you need to know about FirstBank Youth Week 2021

From showcasing of talents, to the art of fashion design, identifying youths in the food business and lots more, Nigeria’s leading financial services providers, First Bank of Nigeria Limited has reiterated its commitment to Youth Empowerment and Entrepreneurship through the celebration of its ongoing 2021 Youth Week. The Youth Week, themed “The Future is Now, Let’s Takeover” started on Monday, 8…

Tesla Shares

Elon Musk Sells a Total of $6.9 Billion Worth of Tesla Shares This Week

Tesla CEO Elon Musk offloaded a combined $6.9 billion worth of shares in the electric car company this week, taking advantage of a meteoric rally that vaulted the firm’s value to over $1 trillion. The billionaire sold 1.2 million shares held by his trust for more than $1.2 billion  on Friday, the latest in a…

Alex Okosi

Nigerian Alex Okosi who leads YouTube EMEA market named in UK’s 100 powerlist

BlackHouse Media (BHM) has congratulated Nigerian media and tech executive Alex Okosi after he was named as one of Britain’s 100 most influential black people in the Powerlist 2022. Now Managing Director, Emerging Markets, YouTube (EMEA), Alex Okosi formerly helmed Viacom’s African operations, including music channel MTV Base. The Powerlist is an annual event that recognises…

climate change

COP26: UK stakes £165m funding to progress gender equality while tackling climate change

During COP26 Gender Day on Tuesday, the UK announced £165 million to tackle climate change while addressing the inequalities that make women and girls more vulnerable to climate change and empowering them to take climate action. Around the world, the UN has found that women are more vulnerable to the effects of this than men,…

Technext

Technext to host Coinference 2021: Africa’s biggest cryptocurrency gathering!

Tech media organisation, Technext has announced its maiden event, Technext Coinference 2021. The event will provide a visible platform for key players in the African blockchain tech ecosystem and crypto enthusiasts to discuss the possibilities of cryptocurrencies, in order to position for future leverage. The maiden event is billed to hold on Thursday, December 9, 2021, at…

Snapchat

Facebook, Instagram, Twitter, Snapchat Join World Leaders to Issue Global Call to Protect Children Online

Internet giants, including social media apps Instagram, Facebook, Twitter, and Snapchat, joined several world leaders to issue a global call to better protect children online at a Paris summit on Thursday. The call, initiated by France and the UN child protection agency UNICEF, acknowledges that “in the digital environment, children can come across harmful and violent…

Green ICT
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Ericsson wins ‘Green ICT Champion’ at Africa Tech Festival 2021

Ericsson has been awarded the Green ICT Champion of the Year Award 2021 at the Africa Tech Festival for its Breaking the Energy Curve initiative. The 14th edition of the Awards acknowledges and recognizes innovations and innovators who are enabling transformation, inclusivity, and digital democracy across the African continent. The Green ICT Champion of the Year…

i-invest
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I-invest showcases investment opportunities for Nigerians

I-invest, a mobile application, has provided a secure and safe platform for millions of Nigerians at home and in the Diaspora, to invest in and secure their future. The application that was developed by the Parthian Partners, and regulated by the Securities and Exchange Commission (SEC) and FMDQ, allows retail investors to conveniently buy and…

Twitter

Twitter no longer crops image previews on the web

Twitter will no longer automatically crop image previews on the web after rolling out full-size image previews on mobile earlier this year. On Twitter for the web, images will now display in full without any cropping. Instead of gambling on how an image will show up in the timeline, images will look just like they did when you shot…

TikTok Instagram

Instagram adds TikTok-like Text-to-Speech and Voice Effects tools to Reels

Instagram added two features to Reels yesterday: text-to-speech and voice effects. These features are popular already on TikTok, but now, creators can use them on Instagram too. This marks yet another effort from Instagram to keep up with TikTok when it comes to short-form video, as Instagram offers big reels bonuses to incentivize creators, Text-to-speech is a necessary accessibility…

Semicolon Africa

Semicolon Africa, a Nigerian edtech startup, has raised $1.2 million in seed funding

Semicolon Africa, a Nigerian startup focused on developing software engineering talent, has raised $1.2 million in a seed funding round headed by renowned venture capital companies Launch Africa Ventures and Consonance Investment Managers. Sam Immanuel launched Semicolon Africa in 2019 with the goal of tackling technological skill gaps, stimulating innovation, cultivating talent, and establishing a…

Cyber Attacks

Kenya Has Had to Deal with Nearly 33-Million Cyber Attacks in the First Half of 2021

The increase in cyberthreats recorded by internet security group Kaspersky in the first half of this year in Kenya amounted to 32.8 million. Compared to similarly prominently targeted countries in the African region the recorded number was on par with South Africa accounting for 31.5 million, and near double the number recorded in Nigeria at…

Sympl

Sympl an Egyptian startup secures A15 backing to offer “buy now, pay later” service

Egyptian startup Sympl, a buy now, pay later service that allows merchants to sell products and services directly to customers on short-term and interest-free repayment plans, has raised an undisclosed amount of funding from local VC firm A15 as the startup launches operations in earnest. Founded by Yasmine Henna, Mohamed El-Feky and Karim Tawfik, Sympl launched its…

Lori Systems
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Moove Partners with Lori Systems to Propel Financing for African Trucking and Logistics

Moove, an African mobility fintech, has signed an exclusive partnership with Lori Systems, the leading e-logistics company in Africa. The partnership marks Moove’s first foray into the logistics industry, building on rapid growth over the last 15 months in car financing, as it leverages its revenue-based financing model to bridge the financing gap across one of…

rabbit logistics

Rabbit an Egyptian logistics startup raises $11m pre-seed round

Egyptian startup Rabbit, an on-demand delivery company delivering groceries, cosmetics, electronics and more using dark stores, has raised a US$11 million pre-seed funding round. Launched last month by Ahmad Yousry, Walid Shabana, Ismail Hafez, and Tarek El Geresy, Rabbit runs on tech enabled hyper-local fulfillment centres and claims to be able to guarantee consumers that what they…

The Hatchery
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Clean-tech incubator The Hatchery opens its doors in Cape Town

International clean-tech startup incubator The Hatchery has launched its new Africa office in Cape Town, South Africa, aiming to discover and support cutting-edge entrepreneurs in areas such as smart utility metering, solar energy, and mobile financial platforms. Also based out of Oslo and Detroit, The Hatchery is an international clean-tech incubator that is invested in technologies that…

Startups Accelerator Africa
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Google for Startups Accelerator Africa opens the latest application

Applications are now open for the latest Google for Startups Accelerator Africa, a three-month programme designed to help startups scale across the continent. Launched in 2017, the Google for Startups Accelerator Africa programme has so far supported 82 startups from 17 African countries, which between them have raised more than US$117 million in funding and…

mSwali

Kenyan quizzing startup mSwali raises pre-seed funding round

Kenyan quizzing startup mSwali has raised an undisclosed pre-seed funding round to enable it to expand its mSwali Quiz MVP from USSD to a web app. Founded in July 2020, mSwali has developed mSwali Quiz, a USSD-based quiz game with topics focused on individual African countries, the continent, and the world as a whole. “mSwali is a…

MFS Africa

MFS Africa raises $100M Series C for fintech expansion across Africa

MFS Africa has raised US$100 million Series C through an equity and debt financing round. The fundraising marks another milestone in MFS Africa’s expansion, following a series of acquisitions and investments in other African fintechs, including the recently announced acquisition of Baxi in Nigeria.  The new investor, AfricInvest FIVE, is one of the most experienced private…

smart glasses

Nigeria’s Kifta Technologies produces smart glasses, other cutting edge defence tech, for companies and countries worldwide

If you’re a fan of action thrillers, you’ve probably seen security operatives working with hi-tech gadgets like smart glasses and smartwatches (looking at you, James Bond). In case you’re wondering if those are real or if they’ll ever be commonplace in Africa, we are taking a closer look at a Nigerian-founded company building hi-tech gadgets…