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Nvidia-backed AI startup Perplexity secures $200 million in new funding at a $20 billion valuation, strengthening its position in the AI browser market against rivals like OpenAI.Perplexity Finalizes $20 Billion Valuation with $200 Million Funding Round
Licence terms should be at least 15 years, with modest reserve prices, and spectrum set-asides should be avoided in favour of sharing models like leasing.Cool Ideas Launches 5G Fixed Wireless to Expand High-Speed Internet Access in South Africa
Onafriq partners with Visa to launch Visa Pay in the Democratic Republic of Congo, bridging mobile money wallets with digital payments and boosting financial inclusion.Onafriq and Visa Launch Visa Pay to Bridge Mobile Money and Digital Payments in DRC
OpenAI has signed a record $300 billion cloud contract with Oracle, fueling AI infrastructure growth and propelling Larry Ellison past Elon Musk as the world’s richest person.OpenAI Signs $300 Billion Cloud Deal with Oracle as Larry Ellison Becomes World’s Richest Man
The Realme 12 Pro Plus and Redmi Note 13 Pro bring premium design, AMOLED displays, powerful cameras, and fast charging at mid-range prices. Here’s a full comparison to help you choose.Realme 12 Pro Plus vs Redmi Note 13 Pro: Which Mid-Range Phone Should You Buy?
Nvidia-backed AI startup Perplexity secures $200 million in new funding at a $20 billion valuation, strengthening its position in the AI browser market against rivals like OpenAI.Perplexity Finalizes $20 Billion Valuation with $200 Million Funding Round
Licence terms should be at least 15 years, with modest reserve prices, and spectrum set-asides should be avoided in favour of sharing models like leasing.Cool Ideas Launches 5G Fixed Wireless to Expand High-Speed Internet Access in South Africa
Onafriq partners with Visa to launch Visa Pay in the Democratic Republic of Congo, bridging mobile money wallets with digital payments and boosting financial inclusion.Onafriq and Visa Launch Visa Pay to Bridge Mobile Money and Digital Payments in DRC
OpenAI has signed a record $300 billion cloud contract with Oracle, fueling AI infrastructure growth and propelling Larry Ellison past Elon Musk as the world’s richest person.OpenAI Signs $300 Billion Cloud Deal with Oracle as Larry Ellison Becomes World’s Richest Man
The Realme 12 Pro Plus and Redmi Note 13 Pro bring premium design, AMOLED displays, powerful cameras, and fast charging at mid-range prices. Here’s a full comparison to help you choose.Realme 12 Pro Plus vs Redmi Note 13 Pro: Which Mid-Range Phone Should You Buy?

Industry Analysis

OpenAI has signed a record $300 billion cloud contract with Oracle, fueling AI infrastructure growth and propelling Larry Ellison past Elon Musk as the world’s richest person.

OpenAI Signs $300 Billion Cloud Deal with Oracle as Larry Ellison Becomes World’s Richest Man

OpenAI has signed a record $300 billion cloud contract with Oracle, fueling AI infrastructure growth and propelling Larry Ellison past Elon Musk as the world’s…

By: Cynthia Okafor

A new report reveals that 40% of Nigerian companies allocate more than 30% of their IT budgets to privacy protection, showing a strong commitment to responsible AI adoption.

Nigerian Firms Dedicate Over 30% of IT Budgets to Privacy Protection Amid AI Adoption – Report

A new report reveals that 40% of Nigerian companies allocate more than 30% of their IT budgets to privacy protection, showing a strong commitment to…

By: Cynthia Okafor

Final Thoughts Nigeria’s 70% broadband penetration target for 2025 now appears unlikely to be achieved unless urgent steps are taken to review state policies, reduce infrastructure deployment costs, and make smartphones affordable. The slowdown in broadband penetration growth poses a significant risk to Nigeria’s digital economy ambitions. Without decisive intervention, millions of Nigerians could remain excluded from the opportunities of a connected digital future.

Nigeria’s 70% Broadband Goal at Risk as NCC Reports Another Decline in July 2025

Nigeria’s 70% Broadband Goal at Risk as NCC Reports Another Decline in July 2025…

By: Cynthia Okafor

A recent May 2025 SAP Africa research report, conducted in 2022/2023, which focuses on digital jobs for a progressive economy, paints a vivid picture of a continent embracing technology to drive growth, innovation, and opportunity.

How 230 million digital jobs will be created in Africa by 2030

A recent May 2025 SAP Africa research report, conducted in 2022/2023, which focuses on digital jobs for a progressive economy, paints a vivid picture of…

By: Cynthia Okafor

0MB/s in Maryland, 1.1MB/s in Ojota, see internet speed for MTN, Airtel and Glo across 13 areas in Lagos

Early this year, the Nigerian Communications Commission (NCC) gave the green light for a 50% hike in telecom tariffs…

By: Cynthia Okafor

Aside from 54 Collective, other venture capitalists who made the Top 8 include Techstars, Catalyst Fund, and Launch Africa, which used to be the most active investors on the continent between 2021 and 2023. These three companies witnessed reduced participation during the year; perhaps they are also raising their next fund. Others are Digital Africa, Baobab Network, Renew Capital, and EdVentures, who, like 54 Collective also increased their activity over the year. VCs that participated in less than 10 deals include Y Combinator, which took part in nine deals, representing a steep decline of 75.7% from its 2021 total investments and an even steeper 79% from its 2023 total. 500 Global and Axian Group also put up a respectable performance. “Yes, there were fewer investors active on the continent last year, and the most active investors were not nearly as active as they once were, yet it would be a mistake to jump to the conclusion that investors have abandoned the continent. Indeed, there is still a strong community and a lot of ‘dry powder’ to be deployed with quite a few new Africa-focused funds announced in the past couple of years,” the report said.

Africa-focused VCs invested $1.3bn into the continent in 1 year

As 2025 continues to impress in the area of startup venture funding, one powerful driver behind it remains the Africa-focused VCs (venture capitalists) that have…

By: Cynthia Okafor

The African telecommunications sector has undergone a profound transformation, not just in terms of scale but in how it has defined the concepts of connectivity, digital inclusion, and technological innovation.

5 Five companies defining the African telecoms landscape in 2025

The African telecommunications sector has undergone a profound transformation, not just in terms of scale but in how it has defined the concepts of connectivity,…

By: Cynthia Okafor

Mobile gender gap: Only 39% of Nigerian women own a smartphone

Mobile Gender Gap Report 2025 by the GSMA – Historically, the gender gap in mobile internet use shrank from 25% in 2017 to 15% in…

By: Cynthia Okafor

The Nigerian Telecom Industry, a cornerstone of the nation’s economic framework, has undergone quite a storied journey from 2020 to 2025.

A review of the Nigerian telecom industry over 5 years: the good, the great and the challenges

The Nigerian Telecom Industry, a cornerstone of the nation’s economic framework, has undergone quite a storied journey from 2020 to 2025….

By: Cynthia Okafor

The rush from early adoption by fraudsters might appear like rapid growth

Fraudsters make up bulk of early adopters of new fintech- Feranmi Ajetomobi tasks on compliance

The rush from early adoption by fraudsters might appear like rapid growth…

By: Cynthia Okafor

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Feature Posts

Constant tech use can lead to burnout, stress, and social media addiction. Learn how a digital detox can help you regain balance, boost mental health, and improve real-life connections.

Digital Detox: Why Taking a Break From Technology is Essential for Mental Health

Fresh allegations reveal that some NIMC agents in Abuja are charging up to N45,000–N55,000 for illegal NIN date of birth changes, despite the official correction fee being N28,574.

NIMC Agents Accused of Extorting Applicants for NIN Date of Birth Corrections in Abuja

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