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Thursday, 11 September
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Thursday, 11 September

Top News

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?

Startup Review

African fintech giant Flutterwave has responded to the Bank of Ghana’s suspension of certain remittance services, assuring customers and stakeholders that its core financial operations remain unaffected.

Flutterwave Clarifies Bank of Ghana Suspension, Confirms Core Services Remain Operational

African fintech giant Flutterwave has responded to the Bank of Ghana’s suspension of certain remittance services, assuring customers and stakeholders that its core financial operations…

By: Author Africa

FuturePay Partners with Flutterwave to Simplify Payments Across Africa

FuturePay has partnered with Flutterwave to streamline cross-border payments in Africa, enabling faster collections, payouts, and B2B transactions across 34 countries….

By: Ovie George

Paystack and FAAN Modernize Airport Access with Cashless Payments

Paystack and FAAN have launched a new cashless payment system using prepaid NFC cards to simplify airport access fees in Lagos and Abuja, with nationwide…

By: Cynthia Okafor

Empowering Youth Innovation: Orange Summer Challenge Fuels Africa & Middle East’s Brightest Minds

Orange Summer Challenge nurtures young innovators, awarding top startups like Plastikoo, MEPS, and Leevlong for pioneering sustainable and impactful solutions….

By: IBK

According to a report bythe United Nations Educational, Scientific and Cultural Organization (UNESCO), the health crisis linked to the COVID-19 pandemic played a significant role in the use of new educational technologies across Africa.

Top 18 Educational Tech Startups Disrupting the Academic Landscape in Africa 2025

According to a report bythe United Nations Educational, Scientific and Cultural Organization (UNESCO), the health crisis linked to the COVID-19 pandemic played a significant role…

By: IBK

According to a report bythe United Nations Educational, Scientific and Cultural Organization (UNESCO), the health crisis linked to the COVID-19 pandemic played a significant role in the use of new educational technologies across Africa.

Top 15 African Startups to Watch in 2025

As we begin 2025, the year holds immense promise as a turning point for groundbreaking innovation. It is poised to be a defining chapter not…

By: IBK

Preventing the next billion-dollar mistake: Due diligence in startup investments

When HP acquired Autonomy for £25.50 ($42.11) per share in cash, valuing the company at approximately $11 billion, it was one of the transactions that…

By: Wura Oba

How Checklearn is closing Africa’s skills gap, making talents more employable

Nigeria’s National Bureau of Statistics reported that the youth unemployment rate in Nigeria stood at approximately 53.40% in 2022. Despite this high unemployment rate, human…

By: IBK

Ghana’s Nyla Bank, led by Mubarak Sumaila, is building Africa’s first digital Islamic bank with a goal of empowering 1 billion people with innovative, Shariah-compliant products and services that align with ethical principles. Oze, another startup from Ghana, is a digital lending platform that bridges Africa’s credit gap by providing banks with a small and medium-sized enterprise- (SME) focused app that digitizes financial data, enabling risk assessment and lending to small businesses. The team is led by Meghan McCormick. Verto is another United Kingdom-based startup led by Rachel Coombs. The platform is a business-to-business cross-border payments platform for businesses in emerging markets, powered by a unified network that eliminates intermediary fees, handles 49 currencies and settles transactions faster. The prize will ultimately award $2 million in total prizes, including a $1 million Grand Prize. Following the December showcase, the Grand Prize will be awarded at the Milken Institute’s Global Conference in Los Angeles, in May.

Nigeria’s Trade Lenda makes the semi-finals of the $1m Milken-Motsepe Prize in FinTech

Trade Lenda will be up against other fintechs operating in nearly 30 countries across three continents…

By: Ovie George

Moniepoint introduces multifactor authentication for transactions above N500,000

Moniepoint’s MFA leverages advanced device-based biometric technology…

By: Ovie George

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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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