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The sudden shutdown of Okra, once a rising star in Nigeria’s fintech landscape, has sent shockwaves through the industry. The company played a pivotal role in advancing open banking infrastructure across Nigeria, and its collapse has left many wondering how such a high-potential startup could crumble.The Fall of Okra: How a Promising Nigerian Fintech Startup Crashed After a Meteoric Rise
Sustainable Tech InnovationsSustainable Tech Innovations: How Technology is Driving Environmental Conservation
Edge ComputingThe Role of Edge Computing in Accelerating Real-Time Data Processing
Augmented Reality (AR) and Virtual Reality (VR):Augmented Reality (AR) and Virtual Reality (VR): Changing the Way We Experience the World
Quantum ComputingQuantum Computing: The Next Frontier in Technology
The sudden shutdown of Okra, once a rising star in Nigeria’s fintech landscape, has sent shockwaves through the industry. The company played a pivotal role in advancing open banking infrastructure across Nigeria, and its collapse has left many wondering how such a high-potential startup could crumble.The Fall of Okra: How a Promising Nigerian Fintech Startup Crashed After a Meteoric Rise
Sustainable Tech InnovationsSustainable Tech Innovations: How Technology is Driving Environmental Conservation
Edge ComputingThe Role of Edge Computing in Accelerating Real-Time Data Processing
Augmented Reality (AR) and Virtual Reality (VR):Augmented Reality (AR) and Virtual Reality (VR): Changing the Way We Experience the World
Quantum ComputingQuantum Computing: The Next Frontier in Technology

Industry Analysis

Top 5 cryptocurrencies to watch in the New Year

Last month, the cryptocurrency space posted a bearish performance to end the year 2022. After its short-lived rally in October 2022, the crypto market has…

By: Author Africa

Tech Layoffs: Paypal to cut 2,000 jobs globally over challenging economy

Online payment company, Paypal, has announced plans to cut its global workforce by 2,000 or 7% as part of cost-cutting measures.  The company said this decision becomes…

By: Author Africa

This is the email Google CEO sent to the 12,000 employees who were fired yesterday

On Friday, Google threw the global tech industry into another round of frenzy with the announcement that it will lay off 12,000 of its staff…

By: Author Africa

Top 10 tech layoffs so far in 2022 by number of employees

From the collapse of one of the biggest crypto exchange (FTX) to the mass layoffs by top global tech companies, 2022 has been quite an…

By: Author Africa

Economic Downturn: Nigerian crypto exchange Quidax lays off 25% of its staff

Nigerian cryptocurrency Exchange, Quidax, has laid off at least 20 of its staff, representing 25% of its workforce. This is coming just a few months…

By: Author Africa

Nigerian tech brace up for mass layoffs

The wave of layoffs that saw three giant global tech companies lay off a total of 15,820 staff in less than two weeks has heightened…

By: Author Africa

Bitcoin defies macro environment to surge above $20,000

Flagship cryptocurrency asset, Bitcoin, seems to be defying all known laws of gravity…

By: Author Africa

As technology evolves, many devices and tools that once felt essential have gradually faded from daily use. Items we once relied on have been replaced by faster, more advanced alternatives, making them obsolete. When a technology becomes outdated because of newer innovations, it is considered obsolete. Over the past decade, several once-popular gadgets and systems have disappeared, including typewriters, landlines, and VHS tapes. Typewriters First introduced commercially in 1874, typewriters became widely used after the mid-1880s. They were essential for writing tasks in offices, homes, and schools. However, computers eventually replaced typewriters with their faster, more versatile capabilities. By 2011, the last company producing manual typewriters in Mumbai, India, shut down permanently. VHS Tapes From the 1970s until the early 2000s, VHS tapes were the standard for watching and recording home videos. DVDs eventually took over as the preferred format, offering better quality and convenience. By 2008, VHS was largely phased out. Film Cameras Photography began with Joseph Nicéphore Niépce’s first photo in the 1820s. Film cameras became widespread years later, requiring physical reels of film that needed to be developed into printed photos. The rise of digital cameras and smartphones has made film cameras unnecessary. In fact, Canon sold its last film camera in 2018, eight years after halting production. Floppy Disks Floppy disks, once a common storage medium, first appeared in the 1970s. The original 8-inch version could hold just 80 kilobytes of data, while the smaller 3.5-inch disks stored up to 1.44 MB. By the mid-2000s, USB drives, memory cards, CDs, and cloud storage made floppy disks obsolete. Interestingly, the floppy disk’s image lives on as the “save” icon in many software programs. Landline Phones Landlines were a staple for over 100 years, ever since Alexander Graham Bell made the first phone call in 1876. Today, mobile phones have largely replaced them, offering the freedom to communicate from virtually anywhere. In short, these technologies—once vital—have gradually been replaced by more efficient and versatile solutions as the digital world keeps advancing.

5 Tech Products you never thought would become obsolete

As technology evolves, many devices and tools that once felt essential have gradually faded from daily use. Items we once relied on have been replaced…

By: Author Africa

Since 2020, Africa’s tech industry has experienced notable workforce reductions, driven by economic pressures, regulatory challenges, and shifting consumer behavior.

10 biggest tech company layoffs in Africa since 2020 — 3,160 jobs lost

Since 2020, Africa’s tech industry has experienced notable workforce reductions, driven by economic pressures, regulatory challenges, and shifting consumer behavior….

By: Author Africa

Google’s threats follow similar remarks made by Facebook Australia’s managing director, Will Easton in September, who announced plans to remove news articles from the social media’s main app if the media code is passed by Parliament. To avoid the operation of the code, Google and Facebook have no option but to cease linking to news altogether. If Google can’t reliably separate news results from other search results, then logically it may have to pull its entire search service from Australia. Google’s threat to limit its services in Australia came just hours after the internet giant reached a content-payment deal with some French news publishers. This new media code will affect millions of Australians who use Google Search and Facebook every month.

Google threatens to remove its search engine from Australia due to media code

Google said that it will disable its search engine in Australia if the government proceeds with a media code that would force it and Facebook…

By: Author Africa

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Africa can tackle poverty with AI – Umar Danbatta

AI eye scans could detect Parkinson’s disease early in Nigeria

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