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Business

Digital Agriculture Essential for Africa’s Economic Development, Say Experts

Prioritizing the digital space will help shift the development focus for Africa’s agribusiness sector and overcome its many hurdles. That was the thoughts of participants at an official side event, organized Wednesday during the 7th Tokyo International Conference, heard. The seminar headlined “The Digital Africa 2020 and Japanese investment Panel: Creating markets to digitize Africa, […]

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Telecoms

MainOne Cable Lands in Senegal & Cote d’Ivoire, Set for Connection

MainOne has confirmed the scheduled landing of its submarine cable systems in Senegal and Cote d’Ivoire in September and October 2019 respectively. The company had in September 2018 signed strategic partnership with Orange Telecoms and its West African Affiliates (Sonatel and Orange Cote d’Ivoire)on the deal. With the Cable Landing Stations (CLS) in both countries […]

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Telecoms

NCC Finales Negotiations on Counterpart Funding to INFRACOS

The Nigerian Communications Commission (NCC) has finalized negotiations on the Counterpart Funding to INFRACOS to support the deployment of the broadband infrastructures on which the Smart Services and other emerging technologies will be hosted. The Executive Vice Chairman of the NCC, Prof. Umar Garba Danbatta who made this known at the opening session of the […]

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StartUps

LEAP Africa, Union Bank Open Social Innovators Programme

LEAP Africa and Union Bank have opened applications for the latest cohort of the Social Innovators Programme (SIP), a one-year fellowship for young Nigerian changemakers. Aimed at individuals aged 18-35, the SIP fellowship seeks to attract young Nigerians with innovative ideas capable of transforming local communities with high socio-economic impact. Focused on areas such as […]

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Internet

Business Losses to Cybercrime Data Breaches to Exceed $5trl by 2024

A new report from found that The cost of data breaches will rise from $3 trillion each year to over $5 trillion in 2024, an average annual growth of 11%. This will primarily be driven by increasing fines for data breaches as regulation tightens, as well as a greater proportion of business lost as enterprises […]

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Business

CIBN Presents Accreditation Certificate to Ecobank Nigeria Academy

The Chartered Institute of Bankers of Nigeria (CIBN) has officially presented certificate of accreditation to the ultra-modern, state of the art Ecobank Nigeria Academy with a call to other financial institutions in the country seeking accreditation of their training school to emulate Ecobank Nigeria. Speaking at the event, CIBN President, Uche Olowu said the accreditation […]

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Telecoms

9mobile Secures $230m Loan Facility from Africa Finance Corporation

Africa Finance Corporation (AFC) has approved a $230 million loan facility for 9mobile to help it attain its long-term growth plans. In a statement signed yesterday by the Executive Director, Regulatory and Corporate Affairs, Abdulrahman Ado, said the approval was by the new Board and Management of Emerging Markets Telecommunication Services Limited (EMTS), trading as […]

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FinTech

Fintech Platform Vesicash Rising Digital Fraud Prevention Strides Enhances Remittances Services

Startups across Africa are launching a wide variety of solutions aimed at increasing access to payments and remittances services, but few are focusing on the security aspect. One company this is doing so is Nigerian fintech platform Vesicash. A digital escrow service, Vesicash was built to prevent digital fraud and disputes by providing payment security […]

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StartUps

Property Investment Platform Vistafront Secures Funding

Nigerian startup Vistafront, a tech platform that allows users to co-fund real estate projects, has raised funding from real estate investment firm Landwey in return for a 25 per cent stake. Vistafront lists vetted real estate investment opportunities for its users to fund, allowing people to invest in real estate from their mobile phones. Units […]

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Technology

Ex-NITDA DG, Pantami Now Minister of Communication

As earlier reported by the TechnologyMirror following his nomination for ministerial post, the former Director-General of Nigeria Information and Technology Development Agency, NITDA, Dr. Ali Isa Pantami from Gombe State has been sworn in as the new Communications Minister. Pantami is the second core ICT professional taking over the management of the ICT industry in […]

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