Tech News
News from the tech and telecoms sector in Nigeria
Benue State partners with Google to train 10,000 youths in ICT
Benue State Governor Hyacinth Alia, has announced a partnership with Google to train 10,000 youths in Information and Communication Technology...
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Ekiti State inaugurates ‘Ekiti Startup Garage’ to foster digital transformation
Governor Biodun Oyebanji has inaugurated the Ekiti Startup Garage to nurture creativity, promote entrepreneurship, and create an environment for youths...
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National Space Agency partners Proforce to develop four advanced satellites for Nigeria
The National Space Research and Development Agency (NASRDA) has announced a collaboration with Proforce Ltd. to develop NigeriaSAT 3, 4,...
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Government’s payment initiatives key to achieving 95% financial inclusion in Nigeria – Nandan Mer
The Group CEO of Network International, Nandan Mer, has said that the ongoing drive to achieve 95% financial inclusion can...
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MTN Nigeria renegotiates tower lease agreements with IHS and ATC, cuts dollar component
MTN Nigeria Communications Plc on Wednesday said it has renegotiated the binding commercial terms of the existing infrastructure sharing and...
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Kuda posted $32 million loss in 2022 amid increase in revenue, customer base
Nigerian neobank, Kuda, recorded a net loss of $32 million in 2022 according to its latest financial report filed in...
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Jumia records $20.2 million operating loss in Q2 2024 as revenue decline
Africa’s e-commerce group, Jumia, posted a $20.2 million operating loss in Q2 2024 amid a 17% decline in revenue.
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Meta unveils Llama 3.1 Impact Grants to fund AI-driven startups with $2 million
Meta has announced the launch of the Llama 3.1 Impact Grants with a funding pool of up to $2 million,...
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African startups raise $420 million in July 2024, cross $1 billion year-to-date
Tech startups across Africa secured a total of $420 million in funding in July and that came as the highest...
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Forex crisis: Nigeria’s ID4D project gains N8.6 billion from Naira devaluation in 2023
The devaluation of the Naira resulted in a forex gain of N8.6 billion for the Nigeria Identification for Development (ID4D)...
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