The African Development Bank and technology giant Intel have teamed up to provide AI training to 3 million Africans and 30,000 government officials. AI has significantly impacted lifestyles and work …
Editor
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AfricaAFRICA NEWSEntrepreneurship
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AfricaAFRICA NEWSEntrepreneurship
Egypt’s fintech Sahl secures $6 million to expand its regional footprint
by Editorby EditorThe Cairo-based fintech company Sahl secured $6 million in Series A and seed funding rounds, with Ayady for Investment and Development leading the investment. The company, founded in 2020 by …
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AfricaAFRICA NEWSEntrepreneurship
Ecobank Group Launches 2024 Fintech Challenge with US$50,000 Prize
by Editorby EditorEcobank, the pan-African financial services Group, has announced the opening of applications for the 7th edition of its Fintech Challenge. This annual competition invites early-stage and mature fintech startups to …
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AfricaAFRICA NEWSTechnologyTelecommunications
Nokia Achieves Major Leap with Innovative Audio and Video Call Technology
by Editorby EditorNokia unveiled groundbreaking communication technology at a prestigious event in Helsinki, introducing new audio and video call features that promise to transform how people connect with unparalleled clarity and reliability. …
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AfricaAFRICA NEWSTechnologyTelecommunications
EU Probe Puts Emirates Telecom’s €2.2 Billion PPF Deal at Risk
by Editorby EditorEmirates Telecom’s bold €2.2 billion purchase of PPF Telecom Group is encountering considerable doubt as the European Union commences a comprehensive examination of the transaction. The inquiry, opened by the …
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AfricaAFRICA NEWSTechnologyTelecommunications
Rewane Warns Telecoms Sector Crash Could Trigger Downturn in Other Industries
by Editorby EditorFinancial analyst Bismarck Rewane recently cautioned that a possible collapse in Nigeria’s telecom industry could lead to a decline in other vital sectors. During the Lagos Economic Summit, Rewane emphasized …
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AfricaAFRICA NEWSReal Estate
Laterra Allocates Over 400 Plots in Ubasinachi Estate, Asaba
by Editorby EditorLaterra over the weekend allocated over 400 plots of land in its Ubasinachi Estate, located at Ubulu Unor Road, Asaba. This development is positioned as a significant opportunity for land …
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AfricaAFRICA NEWSSpotlight
Afreximbank disburses $40m to assist Fidelity Bank’s acquisition of Union Bank UK
by Editorby EditorThe African Export-Import Bank (Afreximbank) provided Fidelity Bank with a $40 million facility to enhance Nigeria’s banking sector by aiding its acquisition of Union Bank UK. This development was disclosed …
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The federal government of Nigeria has signed a $1 billion agreement for the development of five new power plants in the country to tackle the energy shortage. The deal, completed …
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AfricaAFRICA NEWSEducation
Kano Government Declares State of Emergency on Education, Employs 5,000 Teachers
by Editorby EditorThe Kano State Government has announced a state of emergency on education to tackle persistent issues and enhance the sector. As a key step in this effort, the government has …