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Africa Innovation Watch provides unparalleled access to news stories and events shaping the African tech world today.

NCC suspends January 18 disconnection of Globacom services by MTN for 21 days

The Commission expects MTN and Globacom to resolve all outstanding issues within the 21-day period…

By: IBK

OpenAI launches Sora, an AI tool that creates 1-minute videos with text instructions

OpenAI, the company behind ChatGPT, has announced the release of a new video-generation software called Sora. In an announcement on Thursday, the AI company says…

By: IBK

Showmax overtakes Netflix as Africa’s biggest streaming platform with 39% share

Showmax increased its market share in Africa to 39 per cent. This was way higher than Netflix which claimed 33.5 per cent of the African…

By: IBK

Food technology startup, Reelfruit unveils 800 metric ton dry fruit factory in Ogun State

Reelfruit hopes to increase its monthly dried fruit production from 6 Metric tons to 30 metric tons while hiring over 200 employees…

By: IBK

CBN bans cash dollar payments for Personal and Business Travel Allowance, orders banks to process them electronically

CBN’s new policy highlights the new shift in foreign transactions and adapting to electronic means for accessing both personal and foreign travel allowances….

By: IBK

Kenya’s Roam secures $24m funding to expand its e-mobility service across Africa

Kenyan electric mobility startup Roam, formerly known as Opibus, has secured a substantial boost of US$24 million in debt and equity funding….

By: IBK

Selar announces N100,000 tuition support for 50 final-year Nigerian students

Africa’s largest creator platform, Selar has announced the launch of its school tuition support project tagged ‘Selar Tuition Fund’. The N5m (five million Naira) fund…

By: IBK

Opera MiniPay crosses 1 million users in Africa 5 months after its launch

Opera MiniPay is a self-custodial dollar stablecoin wallet seamlessly integrated into the Opera Mini brow…

By: IBK

Uber earned $1.8 billion profit in 2023

Uber has achieved its first annual operating profit since its initial public offering (IPO) in 2019, signalling a departure from its historical pursuit of growth…

By: Wura Oba

ITU appoints Bosun Tijani as member of Digital Innovation Board 

The International Telecommunications Union (ITU) has announced the appointment of Nigeria’s Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani as a member of…

By: Wura Oba

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