The music industry is far from where it was eight years ago, thanks to streaming platforms like Spotify, YouTube Music, and Apple Music. After struggling with plunging revenues for more than 15 years, the entire market has continuously grown since 2014, mostly due to a surging number of music streaming subscriptions. According to Statista data, […]
Read MoreThe dating services industry has seen impressive growth over the past few years, mostly to the rise of dating apps and websites. The entire market will continue growing in the years ahead, driven by technological advancements and changing attitudes toward online dating. According to data presented by OnlyAccounts.io, the global dating services industry is expected […]
Read MoreLillian Barnard has been named president for Microsoft Africa, a move the global technology company says is a milestone in its ongoing effort to drive impact on the continent. Barnard’s new role was announced yesterday with Microsoft saying it is deepening its commitment to accelerating customer transformation in Africa with new two key leadership appointments. […]
Read MoreIBM plans to use artificial intelligence (AI) to replace 7,800 jobs over the next five years, CEO Arvind Krishna said in an interview, sparking fears of widespread job losses across industries. “Comments, such as the ones Arvind made, validate the claims that AI can reduce support jobs and hence costs for the company. It will […]
Read MoreThe latest report by cybersecurity firm Kaspersky has painted a grim picture of Nigeria’s digital payments ecosystem, revealing 37% of respondents in its study suffered financial losses last year. The Kaspersky study says the majority of digital payments users (97%) lost up to $1,000 equivalent as a result of the threats they encountered when using […]
Read MoreThe African Development Bank (AfDB) recently penned a $525,000 grant agreement with Africa Fintech Network (AFN) for the setup of the Africa Fintech Hub, an online portal that will serve as a one-stop shop for all fintech activities in Africa. The deal will see AfDB’s Africa Digital Financial Inclusion Facility (ADFI) provide funding and technical […]
Read MoreAfrican start-ups recently scored big in technology, as they emerged as this year’s winners of the Milken-Motsepe prize in agritech. The Patrice Motsepe Foundation and the US-based Milken Institute has announced the winners of their flagship agritech competition. This is the first of a series of multiyear, multimillion-dollar innovation competitions and programmes by the two […]
Read MoreThe Nigerian Communications Commission (NCC) has been made aware of a fake LinkedIn account that is being attributed to our Executive Vice Chairman and Chief Executive Officer, Prof Umar Garba Danbatta. The Commission in a statement said the LinkedIn account is fake and has no affiliation with the NCC or Danbatta and, urged the public […]
Read MoreAfrica’s foremost entrepreneur and President of the Dangote Group, Aliko Dangote has urged African countries to dismantle all economic barriers hindering free trade among the nations, in order to achieve sustainable growth and development across the continent. The leading private sector player also expressed the irrevocable commitment of his Pan-African conglomerate, Dangote Industries Limited to […]
Read MoreThe Editor of TechEconomy has joined the Nigeria Internet Registration Association (NiRA) Executive Board of Directors (EBoD). Peter, a multi-award winner practicing ICT Journalist was elected at the 15th Annual General Meeting (AGM) cum election held in Lagos where Mr. Adesola Akinsanya and Mr. Murtala Abdullahi emerged the new President and the Vice President respectively. […]
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