Author: ITPulse

The Africa Tech Alliance Forum gears up for its fourth edition, AfriTECH 4.0, scheduled for Thursday, November 7th, 2024, in Lagos, Nigeria. This premier technology and innovation conference promises to be a landmark event, uniting key stakeholders under the theme “Leapfrogging Digital Transformation for the Future of Africa’s Economy.” Leading the charge are prestigious new partners and sponsors. Joining the ranks are the Nigerian Communications Commission (NCC), the National Information Technology Development Agency (NITDA), and the digital payment platform PalmPay. Regulatory excellence meets innovation The NCC’s involvement highlights its commitment to fostering a robust telecommunications industry. They champion consumer awareness,…

PalmPay, a leading fintech platform in Nigeria, has been honored with the Most Outstanding Fintech Driving Financial Inclusion award at the prestigious BrandCom Awards 2024. The award recognizes the company’s significant contributions to expanding financial access across the country. Since its inception in 2019, PalmPay has been dedicated to empowering underserved communities with innovative financial solutions. The company’s suite of services, including instant transfers, bill payments, and the recently launched USSD feature, has made financial transactions more accessible to millions of Nigerians. “We believe that financial inclusion is the cornerstone of economic empowerment. This award is a testament to our…

Anambra State, under the leadership of Governor Charles Soludo, is set to host its inaugural Innovation Week (AIW) from November 25th to 29th, 2024, in Awka. The event aims to spotlight Africa’s burgeoning tech and innovation ecosystem and position Anambra as the “Silicon Valley of Africa.” Chinwe Okoli, the Governor’s Special Adviser on Innovation and Business Incubation, announced that AIW will be an annual event, featuring a diverse range of activities including exhibitions, competitions, fireside chats, and masterclasses. The centerpiece of the week will be the “Battle4Solutions” innovation competition, offering a prize pool of over N100 million to startups tackling…

Ride-hailing platform Bolt has expressed deep concern over the assault of one of its drivers, Stephen Abuwatseya, by a member of the Nigerian House of Representatives, Alex Ikwechegh. In a response to Technext’s inquiries, Bolt condemned the incident and assured that it is taking the matter seriously. The company is actively investigating the situation and providing support to the affected driver. The incident, which has sparked widespread outrage, was captured on video and shared widely on social media. The video shows the lawmaker verbally abusing and physically assaulting the driver. Bolt has reiterated its commitment to the safety and well-being…

…. How Pangea Africa , Root Capital, RDF Ghana, Sahel plotted the successful fundraising round Oyster Agribusiness, an innovative agri-tech company specializing in climate-smart agriculture, has raised US$2 million in funding to expand its operations and deepen its impact on smallholderfarmers across Ghana. This milestone was made possible through the support of Root Capital, RDF Ghana, and Sahel Capital Social Enterprise Fund for Agriculture in Africa (SEFAA FUND), with the fundraising process led by Pangea Africa Limited, a leading Business Development Service provider. Overthe last five years, Oyster Agribusiness has played a pivotal role in transforming the livelihoods of smallholderfarmers…

The National Agency for Science and Engineering Infrastructure (NASENI) and Imose Technologies Ltd, a Nigerian tech company, have taken a significant step towards technological independence by launching a range of made-in-Nigeria laptops and tablets. The 14-inch laptops and 10.5-inch tablets, manufactured under the NASENI brand, are designed to cater to a wide range of users, from students to professionals. The NASENI Zedon X-Pro laptop, powered by a Core i5 processor and a 14-inch screen, offers a perfect blend of performance and portability. The 10.5-inch tablet, on the other hand, is ideal for those seeking a compact and versatile device for…

The Federal Government has cleared the Honourable Minister of State for Defence Dr. Bello Muhammed Matawalle over allegations of complicity on banditry in Zamfara State. As false as these allegations were, the accusers could not come out with convincing evidence to buttress their allegations. It is baseless and unjustifiable!!! Now that Minister Matawalle has been cleared of perceived wrongdoing, it is time for those who falsely accused him to retract their statements and apologize. The Federal Government’s investigation found the allegations as recklessness and complicity with banditry to be baseless and politically motivated. Their intention is to discredit Matawalle so…

The global connectivity gap persists as a staggering 43% of the world’s population, or approximately 3.45 billion people, remain unconnected to the digital world, according to a new report by the GSMA. This, according to the report is hindering economic growth and social progress. To bridge this digital divide and achieve universal mobile internet access, the report estimates that a massive investment of $418 billion is needed. Key barriers to connectivity include affordability, digital skills, and network coverage. Thus, the GSMA urges governments, mobile network operators, and international organizations to collaborate and take decisive action to address these challenges by…

MoMo PSB is revolutionizing cross-border financial transactions with the launch of its outbound remittance service and innovative Gift Card service. “We are committed to delivering quick, easy, and user-friendly financial services, breaking down barriers to ensure seamless transactions across Africa,” said Phrase Lubega, Acting CEO of MoMo PSB. With the launch, MoMo users in Nigeria can now seamlessly send and receive money to and from 19 African countries including Benin Republic, Cameroon, Congo Brazzaville, Côte d’Ivoire, Democratic Republic of Congo, Gambia, Liberia, Malawi, Rwanda, Sierra Leone, Togo, Uganda and Zambia. Also, users can receive money from South Africa, Rwanda, Uganda,…

Ecobank Nigeria has taken a significant step towards empowering the next generation by partnering with Opolo Global to deliver AI and digital skills training to Lagos schools. As part of its annual Ecobank Day initiative, the bank focused on igniting young minds with the power of technology. The 2024 theme, “Ignite Learning with AI,” aimed to enhance children’s literacy, numeracy, and digital proficiency through the strategic use of artificial intelligence. Oluwafemi Ajayi, Head of Product Development and Lagos Operations at Opolo Global, commended Ecobank’s commitment to equipping students with essential 21st-century skills. He emphasized the transformative potential of AI in…