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Friday, 16 October
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Friday, 16 October

Top News

Lesotho, UNDP Strengthen Partnership on Digital Transformation and AI Development
Kenya, France Partner on New Science and Engineering Complex at University of Nairobi
Ooredoo, du Partner on Landmark Subsea Cable Project to Boost UAE Digital Connectivity
Guinea Signs Deal for Second Submarine Fibre-Optic Cable to Expand Internet Capacity
Omantel Launches AI Centre of Excellence to Boost Oman’s Digital Innovation Ecosystem
Lesotho, UNDP Strengthen Partnership on Digital Transformation and AI Development
Kenya, France Partner on New Science and Engineering Complex at University of Nairobi
Ooredoo, du Partner on Landmark Subsea Cable Project to Boost UAE Digital Connectivity
Guinea Signs Deal for Second Submarine Fibre-Optic Cable to Expand Internet Capacity
Omantel Launches AI Centre of Excellence to Boost Oman’s Digital Innovation Ecosystem

News

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

National Tech Achievement

Wealthser Wins Financial Empowerment Award at the National Tech Achievement Forum

In the fast-paced world of digital finance, where innovation often outpaces understanding, Wealthser has earned a reputation for slowing things down just enough to make…

By: Mark Marshall

US to deploy cybercrime advisor in Nigeria to combat fraud scams, sextortion

The United States has announced that it plans to deploy a cybercrime advisor in Nigeria….

By: Africa Innovation Watch

Conclusion The exposure of SlopAds underscores the growing sophistication of mobile ad fraud. While Google Play Protect and takedowns help reduce risks, both users and advertisers must stay vigilant. Users should regularly update devices and uninstall suspicious apps. Advertisers must strengthen fraud detection systems to avoid losses. As mobile advertising expands, combating fraud remains critical for ensuring trust, transparency, and security in the digital ecosystem.

France fines Google €250 million over data used to train Gemini

The competition authority in France, Autorité de la Concurrence, has announced a €250 million fine against Google for failing to comply with copyright rules….

By: Wura Oba

Unlimit acquires 3rd African payment licence in Tanzania- after Nigeria and Kenya

Unlimit acquires 3rd African payment licence in Tanzania- after Nigeria and Kenya

The launch of Tanzanian operations marks an important step in Unlimit’s broader strategy of expanding into Africa and follows the approval of similar licences last…

By: IBK

Bobby Kotick, former chief executive officer of videogame publisher Activision has expressed interest in buying the popular video content platform, TikTok. According to the WSJ,  Bobby Kotick expressed interest to ByteDance co-founder, Zhang Yiming, according to a person familiar with the situation.

American Entrepreneur, Bobby Kotick is offering to buy TikTok

Bobby Kotick, former chief executive officer of videogame publisher Activision has expressed interest in buying the popular video content platform, TikTok. According to the WSJ,…

By: IBK

Gage concludes NITDA CO-Create West Africa event,  announces 2024 Awards winners

The expo was an explosive two days of immersive experiences that were meant to drive and facilitate collaboration in the tech ecosystem……

By: IBK

South Africa’s takeover panel has mandated French media giant Groupe Canal+ SA to immediately extend a mandatory offer to acquire additional shares of pay-TV company MultiChoice, following Canal Plus’ attempt to purchase the remaining stake in the company. Despite Canal Plus already being the largest shareholder with a 35.01% stake, surpassing the 35% threshold triggering the mandatory offer, MultiChoice’s board rejected Canal Plus’ initial bid of 105 rand per share, deeming it significantly undervalued. According to the Takeover Regulations Panel (TRP) in its ruling: “Canal+ must take immediate action to comply with the requirements of.. the (Companies) Act and the regulations by making a mandatory offer to the remaining shareholders of MultiChoice.” Moving forward, Canal Plus contended that it was exempted from making a mandatory offer, citing restrictions in the streaming company’s memorandum of incorporation which limit foreign companies to a maximum of 20% of the broadcaster’s voting rights.

Nigeria may lose N1.8 trn and $342m in tax debt if Multichoice is sold to Canal Plus

Moreover, the uncertainty surrounding the company’s future, coupled with the alleged outstanding tax debts, might influence potential investors and business partners. This could impact the…

By: IBK

South Africa’s takeover panel has mandated French media giant Groupe Canal+ SA to immediately extend a mandatory offer to acquire additional shares of pay-TV company MultiChoice, following Canal Plus’ attempt to purchase the remaining stake in the company. Despite Canal Plus already being the largest shareholder with a 35.01% stake, surpassing the 35% threshold triggering the mandatory offer, MultiChoice’s board rejected Canal Plus’ initial bid of 105 rand per share, deeming it significantly undervalued. According to the Takeover Regulations Panel (TRP) in its ruling: “Canal+ must take immediate action to comply with the requirements of.. the (Companies) Act and the regulations by making a mandatory offer to the remaining shareholders of MultiChoice.” Moving forward, Canal Plus contended that it was exempted from making a mandatory offer, citing restrictions in the streaming company’s memorandum of incorporation which limit foreign companies to a maximum of 20% of the broadcaster’s voting rights.

Canal+ ordered to make mandatory bid for MultiChoice shares by SA regulators with 35.01% stake

South Africa’s takeover panel has mandated French media giant Groupe Canal+ SA to immediately extend a mandatory offer to acquire additional shares of pay-TV company…

By: IBK

Apple releases iOS 26.1, improving battery life, performance, and security for iPhones. The update fixes bugs, enhances privacy, and adds new child safety features for users across Nigeria, Kenya, South Africa, and beyond.

Apple to discontinue electric car project after 10 years, to direct resources to AI

The parent company behind the iPhone and MacBook, Apple will now wind down its team working on electric cars, called Special Projects Group, a decade…

By: IBK

The Nigerian Communications Commission (NCC) has restated its instruction to telecom operators, emphasizing the necessity to block sim cards of telephone subscribers who haven’t linked their National Identification Numbers (NINs) by February 28, 2024.

NCC orders MTN, Glo and Airtel to block SIMs not linked with NIN

The Nigerian Communications Commission (NCC) has restated its instruction to telecom operators, emphasizing the necessity to block sim cards of telephone subscribers who haven’t linked…

By: IBK

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Danfoss Launches CoolTrain™ to Fast-Track Data Centre Liquid Cooling Deployment

Emtel’s AI, Fintech Push Drives Revenue Growth, Boosts Profitability

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