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

OpenAI rehires Sam Altman as CEO amidst employee ultimatum

In a surprising turn of events, Open AI has announced that Sam Altman, the company’s ousted co-founder, will be reinstated as CEO….

By: IBK

Black Friday: Report reveals 135% surge in fake online stores

In a recent report by Netcraft, a leading global fraud protection solutions company, findings show a startling 135% increase in fake online stores flooding the…

By: IBK

Bloc MFB receives approval in principle for microfinance bank license from CBN

This empowers Bloc MFB to integrate with the Corporate Affairs Commission (CAC) and finalise the process to secure its license…

By: IBK

Telkom looking to sell its tower business amidst 46.7% surge in half-year profit

Telkom, South Africa’s third-largest telecom company, is currently in exclusive negotiations with a consortium of equity investors, including a Black Economic Empowernet Partner, for the…

By: IBK

SpaceX’s Starship test flight ends in explosions again, 8 minutes after reaching space

The eight-minute flight managed to surpass its predecessor in April, which ended in a similar explosion merely four minutes after liftoff…

By: IBK

MTN reportedly facing charges of alleged terrorism sponsorship in Iran and Afghanistan

MTN is potentially headed for lawsuit as it may have to compensate a group of US citizens alleging the company’s involvement in sponsoring terrorist attacks…

By: IBK

505 of 700 employees demand OpenAI board’s resignation for Sam Altman’s ouster

The OpenAI employees’ statement at OpenAI underscores growing discontent and uncertainty within the company,…

By: IBK

Meet Med Mind, the student-run AI startup that won the UNN hackathon with its medical chatbot

At the hackathon, Med Mind created a user friendly-chatbot that offers treatment recommendations, drug-to-drug interaction, disease prediction, drug dosage optimization……

By: IBK

Zoho announces partnership with StartupSouth to empower startups, declares 50% growth in Nigeria

As part of this partnership, startups associated with StartupSouth, new customers for Zoho, can avail of Zoho Wallet credits worth ₦ 470,000……

By: IBK

NCC chief, Maida applauds ministry’s plan to equip 3 million Nigerians with technical skills

Maida said that the policy direction of the Ministry, which is being driven by five pillars, will deliver on the goals of fostering economic growth…

By: IBK

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