Flutterwave, a leading payment solutions provider has said that the reported freezing of the company’s accounts in Kenya by a high court in Nairobi for 14 days was a procedural step in such civil cases, condemning media reports that it said sensationalised the story. “We are of the view that the article(s) intentionally sensationalizes the …
Talstack, a business-to-business (B2B) software as a service (SaaS) learning platform has successfully secured $850,000 in pre-seed funding, led by Ventures Platform. Seni Sulyman and Kayode Oyewole, experienced operators in the African tech ecosystem, teamed up to launch the tech firm with the aim to address the pressing need for talent upskilling and support in …
The first Amazon CloudFront edge location has been launched in Lagos by Amazon Web Services, offering users what the company says will be more secure and dependable connectivity to the extensive AWS global network. According to a statement, this comes with support for essential AWS edge services like Amazon CloudFront, AWS Shield, and AWS Web …
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Umar Danbatta, has invited international telecom companies and potential investors to take advantage of the opportunities presented by Nigeria’s population of over 200 million people to invest in its telecom sector, especially in infrastructure provisioning for broadband. As contained in a statement issued by …
ErrandPay, a Nigerian-based Fintech Company, has introduced a cost-effective Point-of-sale (POS) solution to empower Microfinance banks (MFBs) and Fintech founders According to the company, the solution aims to break the chains of innovation constraints, sluggish market entry, and stakeholder management that have long prevented MFBs from embracing digitalisation and reaching their full potential. Ajibola Awojobi, …
Seamfix, a software provider said it has impacted the empowerment of the 100 million national ID enrollment vision through it’s licenced partnership with the National Identity Management Commission (NIMC) NIMC in 2020 set-out to register 100 million people in three years and embarked on a massive registration drive to enroll 2.5 million people monthly for …
The Nigerian Communications Commission (NCC) has directed Mobile Network Operators (MNOs) and Internet Service Providers (ISP) in the country to comply with regulatory frameworks emplaced by the Commission towards ensuring security and safety of their networks for telecom consumers. Umar Danbatta executive vice chairman (EVC) of the Commission, who gave the charge at the 2023 …
Chief executive of asset manager says technology has potential to bring down inflation BlackRock founder Larry Fink has predicted that “transformative opportunities” in artificial intelligence could solve the productivity crisis he blames for persistently high inflation. Speaking at BlackRock’s investor day, Fink said: “The collapse of productivity has been a central issue in the global …
About 40 fintech startups across Africa will get the opportunity to scale their services every year, after participating in the Visa Africa Fintech Accelerator program set to kick off in July 2023. The new initiative is a three-month intensive learning program focused on business growth and mentoring. On completion of the program, Visa says it …
Close to 370,000 employees in the tech industry have lost their jobs between 2022 and 2023. But a good number of them are now trying their hands at building startups and taking on the titles of founders. A new study by Bizreport said for every 100 people who lost their jobs, 13 started their own …