To resolve the persistent poor network quality, increase the speed of internet connectivity, expand digital inclusion and put the country on a sure footing for a digital future, Nigeria would need between $12 billion and $15 billion of infrastructure investment in the next five years, MTN chief has said. In terms of size, the country’s …
Businesses in Africa are a breath away from being hit by a cyber attack, as new a report from Dell has shown that as much as 90 percent of companies on the continent operate without a cybersecurity protocol. The company made this known at a recent forum in Lagos Nigeria. Dell collaborated with CWG and …
Sophos, a cybersecurity-as-a-service company, has introduced a Managed Detection and Response (MDR) tool for Microsoft Defender to protect users against data breaches, ransomware and other active cyberattacks. MDR is a fully-managed offering that provides robust threat response capabilities for organisations using Microsoft Security. The MDR according to Sophos adds a critical layer of 24-hour protection …
The rising shortage of tech talents in Nigeria and organisations fuelled by the surging rate of “Japa” is gaining more concern. Information Technology leaders speaking at the ongoing tech event hosted by CloudPro, themed, ‘The digital transformation journey’, said there is a need for organisations to start sourcing talents from the grassroots level and giving …
Facebook parent company Meta is set to release a commercial version of its artificial intelligence model which startups and businesses can tap to build custom software on the technology. Customised software is software that is specially developed for some specific organisation or other user. It can be contrasted with the use of software packages developed …
Twitter said on Thursday that content creators on the social media platform will be eligible to get a part of the advertising revenue the company earns. The content creators will get a share of revenue from ads displayed in their replies, Twitter said, adding that to be eligible the creators should be verified users with …
The more than a million banking agents that have embraced Point of Sale (PoS) terminals of operators like OPay, PalmPay, and Moniepoint would not give them up any time soon. However, many of the agents are grappling with the rising cost of operations on these platforms and this contributed to the latest decision to increase …
OPay and Palmpay, two Chinese-owned digital banking platforms, are leading the Point of Sale (PoS) market in Nigeria, with both accounting for over a million mobile banking agents. OPay, a fintech company that started business in 2018 following an acquisition of a local payment platform, now leads the PoS market with 563,262 agents, according to …
Flutterwave, Africa’s payment technology company, has launched Tuition, a new product that allows users conveniently pay various fees to educational institutions within Africa and overseas using their local currencies. The educational institutions available for Tuition include high schools, universities, colleges, and some global edutech platforms. Tuition by Flutterwave is designed to solve the challenges in …
Egypt is emerging as the tech powerhouse in Africa with new data showing it has dethroned Nigeria to emerge as the ecosystem that has secured the most funding from June 2022 to June 2023. This is an indication that venture capitalists and private equity firms which have flocked to Africa in recent years to take …