Author: ITPulse

In an attempt to extend its fintech funding footprint across the Africa continent, TEN13, an Australian venture capital firm has decided to raise funding capital for ImaliPay, an African-based fintech start-up that is making waves by reshaping the future of work in the gig economy. This is coming after TEN13 had earlier invested in the likes of Chipper Cash and Bookipi, Finca Ventures, Optimiser Foundation, Mercycorps Ventures, Changecom and other super angels from Norway, Nigeria, UK and Kenya. Speaking on the essence of the investment, TEN13 Managing Partner, Stew Glynn said the primary aim of the investment is to expand…

In line with the Central Bank of Nigeria (CBN) financial inclusion drive, MainOne, a Cloud Solutions Services Provider, said it is offering Hybrid Cloud solutions to support commercial and microfinance institutions (MFIs) in West Africa. The Hybrid solutions offer a comprehensive technical and commercial build-versus-buy assessment, which has facilitated partnerships that allowed the banks to achieve regulatory compliance and increased efficiencies without the weight of operating and capital expenditure challenges. ‘’In order to take advantage of the opportunities available that will enable banks to reach the unserved population, and also withstand the onslaught of Fintech companies, banks need to maximize…

Stakeholders in the Nigerian telecom space have endorsed a book titled “Nigerian Telecommunications Law and Regulation”, stressing that law and regulation are two critical pillars, which influence the speed and impact of innovation in the telecoms sector. Specifically, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof, Umar Danbatta, who was the Chairman and Lead Presenter of the book co-authored by Quasim Odunmbaku, a telecoms regulatory professional at the NCC and Rotimi Akapo, a lawyer, who specializes in Telecommunications, Media and Technology (TMT) practice, noted that law and regulations typically lag behind technology. Thus, the book is coming…

By Mubarak Umar One of the major challenges facing Nigeria’s agricultural practices for a long is the lack of relevant information. The challenges have contributed to the inability of farmers to meet the rising demands in foods locally, produce high-quality agricultural products that meet international standards, have access to financial security which in turn result in the importation of food and other agricultural products, thereby making the sector contributes significantly less to Gross Domestic Product (GDP). The world population is expected to grow by over a third (or 2.5 billion people) by 2050, according to the Food and Agriculture Organization…

Data presented by AksjeBloggen.com has shown that the COVID-19 pandemic, which forced people across to globe to change their daily lives and, in many cases, work or study from home will force subscription on 5G to hit 2.1 billion by 2024. This is coming as the President and Chief Executive Officer of Nokia, Pekka Lundmark insisted the support of mission-critical applications will be a game-changer for 5G in the industrial sector, boosting economic growth, improving productivity and sustainability. According to the data, the surge in internet use, especially in the Covid-19 period has placed enormous demands on communication networks and…

About a year into the unprecedented global pandemic, staying at home has become the new normal. Most of the activities we engage in, whether for work or for leisure, have been confined to the four corners of our homes. However, just because you cannot go outside doesn’t mean you have to compromise. Working from home, or relaxing after a long day, does not have to be a drag. Having access to technology that won’t let you down is important. You can cook healthy meals, get fresh air and spend quality time with family while working from home. “The PuriCare Wearable…

Digital Economy Media Support Volunteers Network (DEMS Volunteers Network), has urged the Minister of Communications and Digital Economy, Dr. Isa Pantami, to review the current ban on new registration or renewal of Subscriber Identification Module (SIM)/ The non-governmental group of media practitioners believes that through an audit of the Subscriber Registration Database is still ongoing, the directive is crippling both the telecom operators, subscribers and the Small and Medium Enterprises, whose businesses are enabled by telecom. In a press statement issued today, the Ag. Director-General of DEMS Volunteers, Prince Stan Okenwa said his organisation recognised the genuine interest of the…

Sophos, a global leader in next-generation cybersecurity, today announced its plans to provide Sophos Intercept X endpoint protection for 5G PCs powered by Qualcomm Snapdragon compute platform from Qualcomm Technologies, Inc. The combination of Sophos Intercept X with Snapdragon compute platforms will provide users next-generation security through an always-on, always connected PC environment. Snapdragon compute platforms enabling 5G connectivity to build on smartphone technology to deliver premium performance and efficiency to 4G and 5G cellular-connected thin and light fanless laptops. Sophos Intercept X is designed to protect advanced computing systems and endpoints, stopping the latest cybersecurity threats with deep learning AI and…

Despite representing a meager 1 percent of video games industry revenue in 2020, Cloud gaming is set to fundamentally disrupt the distribution, consumption and monetization of gaming in the next ten years. According to GlobalData, Cloud gaming will grow at a compound annual growth rate of 40 percent to 2030, as it has the potential to disrupt the industry, having a huge impact on how games are distributed, consumed and monetized. “In ten years, traditional PC and console games will have been replaced by games hosted in the cloud and accessed via thin-client PCs, consoles, or mobiles. This may be…

The Association of Telecommunications Companies of Nigeria (ATCON), has announced the link to register for the maiden edition of the Virtual Structured Engagement with Key Stakeholders in the Nigerian Telecom & ICT Sector on the New National Broadband Plan 2020-2025. The Executive Secretary of ATCON, Mr. Ajibola Olude, who provided the link, also said the theme of the virtual event scheduled for Thursday, March 25, 2021, is ‘Realizing the new set target of 70% of Broadband Penetration’. The Registration link: tinyurl.com/39tpogt5 Meanwhile, Dr. Isa Pantami, Minister of Communications and Digital Economy is expected to deliver a Keynote Address at the event with…