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Foreign Debt
MTN Nigeria Rebounds to Profit with N4.13 Billion in Q3 2024 After FX and Operational Adjustments
After facing three consecutive quarters of losses, MTN Nigeria Communications Plc has made a comeback, reporting a profit after tax of N4.13 billion in the third quarter of 2024. The telco’s strategic pivot toward managing foreign exchange (FX) exposures and optimizing operational efficiency helped it recover from the challenging environment created by the Central Bank…
Gebeya Partners with NVIDIA to Train 50,000 Certified AI Developers Across Africa
Gebeya, a leading Pan-African talent cloud technology company, has embarked on a groundbreaking partnership with NVIDIA, a global leader in AI and graphics processing, to create a talent ecosystem of 50,000 NVIDIA-certified developers across Africa. This ambitious initiative, aiming to transform the African tech landscape, seeks to address the continent’s AI skills gap and position…
Starlink
Starlink Eyes Ground Station Expansion in West Africa to Meet Growing Demand
As the demand for high-speed internet escalates across West Africa, Starlink’s satellite internet service by SpaceX has rapidly gained traction, particularly in areas lacking traditional internet infrastructure. Major urban centers like Lagos, Nigeria, and Accra, Ghana, have embraced Starlink, but this concentration of users has revealed infrastructure challenges that could impact service quality. To keep…
NASENI and Imose Technologies Partner to Launch Locally Made Laptops and Tablets, Boosting Nigeria’s Tech Self-Reliance
The National Agency for Science and Engineering Infrastructure (NASENI) has announced a groundbreaking partnership with Imose Technologies Ltd to launch a new line of laptops and tablets manufactured entirely in Nigeria. This strategic initiative, unveiled on Monday by NASENI’s Deputy Director of Information, Chima Akwaja, represents a critical move to enhance Nigerians’ access to affordable,…

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