Technology
Nigerian startup The Peer shuts down despite runway cites market fit challenges
When The Peer, a Nigerian API startup, closed its doors in April, it still had up to twenty months of funding left. Despite...
Meta Expands AI Services to Nigeria, Others Outside U.S.
Meta, the parent company of social media platforms like Facebook, WhatsApp, and Instagram, has announced the expansion of its AI service, “Meta AI,”...
Linux Foundation Launches Open Platform for Enterprise AI to Drive Interoperability, Collaboration
The Linux Foundation, in collaboration with Cloudera, Intel, and other industry leaders, has unveiled the Open Platform for Enterprise AI (OPEA) initiative. This...
X CEO, Elon Musk, Proposes Fee for New Users to Combat Bot Activity
Chief Executive Officer (CEO) of popular social media platform X, Elon Musk, recently announced that new users would now pay some fee to...
Airchat: Naval Ravikant’s Audio-First Social App Takes Off, Prioritizing Voice Over Text
Naval Ravikant and Brian Norgard’s Airchat redefines social media with a focus on audio interactions. The app, now available on iOS and Android,...
MTN, Airtel Lead Nigeria’s Mobile Subscription Rebound To N219 Million In February
According to the latest data from the Nigerian Communications Commission (NCC), mobile subscriptions in Nigeria surged to 219.7 million in February 2024, driven...
FG Unveils Plan to Launch Multipurpose National Identity Card
The Federal Government of Nigeria, through the National Identity Management Commission (NIMC) in collaboration with the Central Bank of Nigeria (CBN) and the...
PiggyVest CEO Hints at Potential IPO in Coming Years
PiggyVest, a leading Nigerian fintech firm, may be gearing up for a public offering in the near future, according to CEO Somtochukwu Ifueze....
Microsoft Projects $1.2 Trillion Boost to Africa’s Economy Through AI by 2030
Tech giant Microsoft forecasts that Artificial Intelligence (AI) could contribute approximately $1.2 trillion to Africa’s economy by 2030, as part of a global...
Telegram Introduces Business Features to Challenge Other Messaging Apps
Telegram launches Telegram Business, a suite of features tailored for businesses, including customisable start pages, preset replies, and chatbots. Public channels with 1,000+...
VNV Global Slashes Value of Wasoko Holding by 48% Amidst Planned Merger with MaxAB
Swedish investment firm VNV Global, known for supporting startups in various sectors including mobility, health, and marketplaces, has reduced the value of its...
MTN Group Agrees to Sell Guinea-Bissau and Guinea-Conakry Interests to Telecel
MTN Group, Africa’s leading network operator by subscriber base, has agreed to an undisclosed offer from Telecel, a telecommunications service focused on Africa,...