According to Mrs. Zainab Ahmed, Minister of Finance, Budget, and National Planning of Nigeria, the 2022 Finance Bill contains a provision to tax cryptocurrencies and other digital assets. In an unusual digital event on Thursday, Zainab Ahmed updated the National Economic Council (NEC) on the fundamental elements of the 2022 Finance Bill, according to a…
The latest edition of the Alibaba Netpreneur Training (“ANT”) Program has graduated 86 African entrepreneurs, according to Alibaba Global Initiatives (“AGI”). The Africa-specific edition, which ran from mid-October to mid-November, was supported by the Africa’s Business Heroes prize competition, a philanthropic initiative that aims to support and inspire the next generation of African entrepreneurs. Ritalee…
Google held graduation ceremonies in Nigeria, Kenya, and South Africa to honor the 5,000 entrepreneurs who completed its Hustle Academy training program. Google also announced a new speaker series at the events in which successful African entrepreneurs share lessons and advice, demonstrating the company’s commitment to assisting entrepreneurs and small businesses in thriving. The Hustle…
After successfully completing trials of the revolutionary technology over the previous 11 months, MTN Zambia has now launched its 5G network, making it the first mobile operator in Zambia to offer 5G services commercially. In January 2022, MTN Zambia started testing 5G; as of present, a commercial service is available in six Zambian cities. Ralph…
The gaming business in Africa is currently quite fragmented, consisting of only a few tiny studios, but it is still “the next big thing” because of factors like the relative youth of the population on the continent. Sub-Saharan Africa is one of the regions with the fastest-growing mobile gaming markets in the world, according to…
Three young agric-tech innovators in Nigeria have emerged final winners of this year’s Agriculture, Youth and Technology (AYuTe) Africa Challenge Nigeria, an enterprise development program initiated by Heifer International to identify, nurture, and support innovative, relevant, and technology-driven agric-centric enterprises that grow, scale and help smallholder farmers to thrive in Africa. Announcing the winners in…
As part of a holistic ecosystem plan that also sees it create an office in the nation and hire Amal Enan as a partner in Egypt, the international venture capital firm 500 Startups has teamed with the Egyptian IT Industry Development Agency (ITIDA) to operate a number of programs. Venture capital firm 500 Global manages…
Applications are now being accepted for the ygap Kenya Accelerator Programme, which aids businesses in developing and validating their business models, achieving financial sustainability, and expanding their community impact. A needs assessment and bootcamp are the first steps of the ygap program. It then offers ongoing accountability and business development sessions, strategic and operations coaching,…
An African technology company called Cassava Technologies has revealed that Kigali, Rwanda will be the site of its first data center. The data center will be designed specifically to accommodate the region’s expanding demand and will have a 2MW IT load. According to Tesh Durvasula, CEO of Africa Data Centres, “it is an exciting time.”…
Google has announced that its Workspace apps will soon receive updates that include new functionality. According to the search engine giant, updates to Google Docs, Sheets, and Slides have been made, along with minor changes to Gmail. Gmail should make it simpler for users to search, while Google Meet will allow users to share files…
In coordination with the Ministry of Education and iCOG Anyone Can Code, Huawei has launched its flagship initiative in Ethiopia (iCOG ACC). Using its rebuilt 40-foot container as a training center, DigiTruck Ethiopia will undertake a technical tour across the entire nation while outfitting it with cutting-edge electronics like laptop computers, robotic tools, and microelectronics….
Galaxy Backbone, an information technology and shared services provider of the Federal Government of Nigeria, has said that it has almost covered the 36 states of the federation and the FCT Abuja, with its infrastructure backbone connectivity rollout. Prof. Muhammed Bello Abubakar, the Managing Director/Chief Executive of Galaxy Backbone Limited, made this known at the…
The Multichoice Africa Accelerator Programme, which awarded $16 million in funding to six emerging tech companies last year, is now expanding to eight additional African countries. According to a Multichoice statement, the countries that will benefit from the program are Ivory Coast, Senegal, Nigeria, Ghana, Kenya, Zambia, Angola, and Ethiopia. The MultiChoice Africa Accelerator Programme,…
Founders from Tanzania, Kenya, and Egypt have been named Africa’s Business Heroes (ABH) competition winners, a flagship philanthropic program established by the Jack Ma Foundation to highlight and support African entrepreneurs. The Africa’s Business Heroes prize competition aims to support and inspire the next generation of African entrepreneurs from all sectors who are working to…
Dr. Oluseyi Akindehinde, the Co-founder and Chief Technical Officer (CTO) of Digital Encode Limited, has identified blockchain and the mobile phone as going to be fundamental to the company of the future. Making a presentation at the just concluded Africa Tech Alliance Forum, otherwise known as AfriTECH 2.0, held in Lagos, recently, Akindehinde said that…
In its attempt to provide free and equitable access to quality STEAM education for young learners in and out of school across Nigeria, Coderina riding on the partnership with the Nigerian National Library Authority, equipped the National library Bauchi with the launching taking place last week. The event at Bauchi brings the number of library…
A second landing of the 2Africa subsea cable is anticipated in Port Said in the Mediterranean Sea at a later time. As members of the 2Africa consortium, Meta and Telecom Egypt announce the first landing of the 2Africa subsea cable in Egypt in Ras Ghareb in the Red Sea. The cable will be stretched to…
Autochek Financial Services has been launched, a new division of the company that will focus on offering a variety of vehicle financing solutions for individuals and businesses all over the continent. Autochek is an automotive technology company that is making car ownership more accessible and affordable throughout Africa. The Marketplace platform, which collaborates with automakers…
Heifer International’s empowerment for young innovators and smallholder farmers in Nigeria under the agritech initiative AYuTe Africa Challenge started in August 2022 with over 600 entries. The challenge will be coming to an end with three finalists competing for the grand prize on November 30th at Eko Hotel & Suites, Victoria Island, Lagos. The AYuTe…
Startups from Africa that use innovation to address urgent challenges are encouraged to apply for the TechBridge accelerator program, which offers US$200,000 in investment and other support. In order to support startup growth, TechBridge promotes itself as a community of startups, knowledge partners, and investors. It has so far invested in various early-stage tech businesses…
Zoho, a software company, providing solutions for various segments of products clients, has said that its flagship product, the Zoho CRM, is an essential product for businesses that are desirous of recording huge sales, scaling, and optimizing their business processes. Mr. Kehinde Ogundare, Country Manager, Zoho Technologies Limited disclosed this last Wednesday while making a…
Observability and site reliability engineering (SRE) have become essential elements of modern infrastructure in software engineering because customers expect faultless digital experiences and organizations are under extreme pressure to maintain uptime. In a world where even short outages can result in large financial losses, these paradigms offer comprehensive ways to guarantee dependability, and operational excellence…
The internet super highway isn’t a one-way street. While everyone’s focus is usually on their download speed, there are countless reasons why influencers, content creators, and gamers shouldn’t treat upload speeds as an afterthought. “A recent Vuma 2021 Core End-User Research Study revealed that only 17% of respondents upgraded their fibre internet speed because they have large upload requirements….
The Central Bank of Nigeria (CBN) governor, Godwin Emefiele has issued a statement concerning the institution’s policy to introduce redesigned naira notes by the 15th of December 2022. This he said is as a result of continuous rise in the inability of banks to control the circulation of Nigeria’s naira notes, which poses as incompetence on the…
Critical stakeholders that attended this year’s Nigerian Peering and Interconnection Forum (ngPIF) have highlighted some insights and practical knowledge, which they believe will advance the economics of network interconnectivity in Nigeria. Conversations at the 2-day event, held on October 25th – 26th and which saw an attendance pool of over 400 infrastructure providers, connectivity stakeholders, content providers,…
The recent partnership between the National Senior Secondary School Education Commission (NSSEC) with one of Africa’s Leading EdTech Not for Profit; Coderina Education and Technology Foundation, is set to unlock Nigeria’s human capital development by enabling teachers to prepare students for the Fourth Industrial revolution (4IR). This partnership is a huge step toward fulfilling the…
ESET received much accolades from guests and honourees at the Africa Tech Alliance Forum (AfriTECH 2.0) Awards as the company was conferred with CyberSecurity Company of the Year Award. The awards ceremony was part of activities lined up for AfriTECH 2.0 held in Lagos – Nigeria, on November 09, 2022 2 under the theme: ‘Sustainability and…
The Africa Tech Alliance Forum (AfriTECH) has conferred special honours on Professor Isa Ibrahim Ali (Pantami), Nigeria’s Minister of Communications and Digital Economy, Professor Umar Garba Danbatta, the Executive Vice Chairman, Nigerian Communications Commission (NCC). Other special honourees at the award ceremony held during AfriTECH 2.0 are; Kashifu Inuwa Abdullahi, Director General, National Information Technology…
The sixth edition of Africa IT Summit London (ATS), which takes place on November 24 at the London Stock Exchange, will bring together African tech leaders, corporations, and investors. Leading industry figures from the annual Summit will share their perspectives, including those from the London Stock Exchange, DLA Piper, Alerzo, Deimos, Niji Oni & Co.,…
Immediate past Chief Executive Officer, CWG PLC, and Founder, Ixzdorelabs, an innovation hub and consultancy focused company, Mr. James Agada, has listed some factors that could lead to the premature death of a Startup. Agada, who spoke to the theme: Sustainability and the company of the future, at Africa Tech Alliance Forum (AfriTECH 2.0) held in…