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Thursday, 3 September
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Thursday, 3 September

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

Kenyan skincare startup, Uncover raises $1m to expand to Nigeria

Uncover Skincare, the Kenyan-based startup that specializes in tailored beauty and skin care products for African women, has raised $1 million in seed funding to…

By: IBK

Federal High Court sitting in Nigeria’s capital city, Abuja has declared that it will begin the tax evasion trial against global cryptocurrency exchange, Binance on October 11.

Senior Binance executive says the company might not have an exchange in 10 years time

Binance’s chief strategy officer, Patrick Hillman, revealed that he thinks the company’s centralized exchange might not be a thing in 10 years due to the…

By: IBK

Nigerian lawmakers are working with crypto industry leaders to draft the proposed Virtual Asset Law, aiming to unify regulation, end uncertainty, and foster responsible cryptocurrency adoption in Nigeria.

Nigerian government set to tax cryptocurrency, other digital assets

Nigeria’s Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has announced that there is a provision to tax cryptocurrency and other digital assets…

By: IBK

FG to earn N28 billion from satellite concession deal

The Nigerian government has announced the concession of a Research and Development of Satellite Internet Broadband Project which would earn N28 billion over a 15-year…

By: Africa Innovation Watch

More job losses across Nigerian tech startups; this and more in today’s corporate news roundup

It’s time to summarise the major company news stories that dominated the headlines during the week that ended November 26, 2022. This newsletter is brought…

By: Africa Innovation Watch

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 launches smartphone app with new Send remittance features

Flutterwave, Africa’s leading payments technology company, today unveiled $endmobile, an app to facilitate the faster and easier transfer of funds from the diaspora to the…

By: Africa Innovation Watch

Top 7 African Leaders in Tech Business

Africa is a continent that is home to some of the most dynamic and innovative entrepreneurs in the world….

By: Africa Innovation Watch

Just after the acquisition in October, billionaire Elon Musk has steadily pared back its workforce from about 7,500 employees as he sought to reduce costs. On his first at the office, the billionaire fired several of the company’s senior executives following the closure of his recent transaction. Among those recently fired are the CEO, Parag Agrawal; the CFO, Ned Segal; the Head of Legal, Policy, and Trust, Vijaya Gadde; and the General Counsel, Sean Edgett.

How Musk’s new $8 verification plan could mean chaos for Twitter

New $8 Twitter Blue checkmarks barely answers questions on content moderation, or provide answers to impersonation…

By: IBK

Just after the acquisition in October, billionaire Elon Musk has steadily pared back its workforce from about 7,500 employees as he sought to reduce costs. On his first at the office, the billionaire fired several of the company’s senior executives following the closure of his recent transaction. Among those recently fired are the CEO, Parag Agrawal; the CFO, Ned Segal; the Head of Legal, Policy, and Trust, Vijaya Gadde; and the General Counsel, Sean Edgett.

Twitter Blue suspended amid controversies

This decision was announced in an internal note identifying service misuse as the reason behind the suspension….

By: IBK

Following the successful launch of the PearlAfricaSat-1 satellite, the Ugandan government plans to use the microgravit for advanced 3D biological printing…

Uganda to start 3D bioprinting of human organ-like tissues in space following successful satellite launch

Following the successful launch of the PearlAfricaSat-1 satellite, the Ugandan government plans to use the microgravit for advanced 3D biological printing……

By: IBK

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