On October 2, 2024, the Central Bank of Nigeria (CBN) announced a major shake-up in the way foreign exchange (forex) transactions will be conducted in the Nigerian market. If you’ve…
The National Identity Management Commission (NIMC) has announced that data modifications for National Identification Numbers (NIN) can now only be processed through its self-service modification portal. Effective immediately, modifications are…
Stakeholders are optimistic about the role artificial intelligence (AI) can play in advancing Nigeria’s robotics industry, a sector projected to reach $288.60 million in revenue by 2024
South Africa has taken a significant step toward sustainable public transport with the launch of its first electric minibus taxi model, eKamva, at the Smarter Mobility Africa summit.
Nigeria’s $1.5 million AI fund, backed by Luminate, marks a significant step toward building a robust and sustainable AI ecosystem. With initiatives focused on both infrastructure and talent development, the…
Elon Musk's artificial intelligence venture, xAI, has officially moved into its new office in San Francisco’s Mission district, a location with unique significance in the AI world. The building, which…
Lesaka’s Strategic Acquisition Lesaka Technologies, a Nasdaq-listed fintech company, has officially completed the acquisition of fellow fintech firm Adumo for $96 million. The deal, which includes $13 million in cash,…
Tamer El-Raghy, Managing Director of ARAF, highlighted Winich Farms’ potential, stating, “Smallholder farmers face multiple bottlenecks along the value chain, limiting their productivity and access to markets.
Mobile money has proven to be a key enabler of financial inclusion in Nigeria. According to economic analyst Damilola Adewale, consumers prefer the speed and ease of transferring funds via…