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Technology

MainOne, An Equinix Company, Expands Data Center Footprint in Cote d’Ivoire

MainOne, an Equinix Company, West Africa’s leading connectivity and data center solutions provider announces the launch of their expanded open access, carrier-neutral, Uptime Tier III standards Data Center, AB1.2, in VITIB, Grand Bassam, Cote d’Ivoire. From the landing of its submarine cable to the launch of the initial data center in 2019, MainOne, An Equinix […]

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Technology

Smart Traffic Management Revenue Accelerated by Smart Cities’ Investment to Hit $18.5bn by  2028

A new study by Juniper Research, the foremost experts in technology markets, found that by 2028, smart traffic management spend will be up 75% from a 2023 figure of $10.6 billion. This significant growth will be due to increasing government funding for smart cities’ initiatives, with transport being at the centre of urban transformation projects. The […]

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News

Global Smartphone Market May have Bottomed Out, Says Report

The latest numbers for the global smartphone market suggest it has hit an inflection point after years of decline. It’s not time to break out the bubbly just yet, but Omdia’s preliminary Q3 2023 global smartphone shipment numbers show a year-on-year decline of just 0.7%. Furthermore, the 301.6 million units shipped mark a 13.4% increase […]

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News

NASENI Secures $200m Deal with REA on Renewable Energy, Targets Private Sector

The Executive Vice Chairman of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu has said his vision or direction for the Agency’s products and technologies is to make them available in every household in Nigeria in the next few years. Nonetheless, Halilu disclosed in Abuja today that some tangible products […]

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News

Nigeria Pledges to Create Investment Opportunities for Genuine Businesses

President Bola Tinubu has assured genuine businesses intending to invest in Nigeria that his government was determined to create the conducive atmosphere for genuine businesses to thrive. Tinubu, who was represented by the Secretary to the Government of the Federation, Sen. George Akume, said this in Abuja at the opening of the 2nd edition of […]

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Business

Dangote Repatriates $687,977m from Pan-African Operations

Dangote Industries Limited (DIL), have repatriated over USD576,008,672.41 through various banks in Nigeria, in addition to a $111,968,109.38 cash swap arrangement between Dangote Cement Plc and Ethiopian Airlines; thus saving the same amount that would have been paid by the Central Bank of Nigeria (CBN). The company revealed this in a statement released to the […]

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Technology

Tech Startup Secures World’s Largest Funding of $1m within 4 Weeks for Smart Ring

Muse Wearables, an Indian tech startup founded by graduates of IIT Madras and NIT Warangal, is poised to revolutionize the wearable technology industry with the global launch of ‘Ring One.’ Ring One was launched on Indiegogo on September 26th and set a world record by reaching its goal of raising $1 million USD within 4 […]

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AI & Computing

SAP Turns Every Developer Into Generative AI Developer at SAP TechEd 2023

At the SAP TechEd event in 2023, SAP SE announced a comprehensive series of generative AI capabilities and advancements aimed at empowering developers of all skill levels to supercharge their businesses in the age of AI. “Today’s dynamic technology and business landscape means every developer needs to be an AI developer,” said Juergen Mueller, Chief Technology […]

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Business

Mobile Marketing, Unstoppable Force Shaping our Daily Lives

n a digital age, the cellphone is indeed king, with mobile marketing becoming an unstoppable force that significantly shapes our daily interactions, purchases and communication. Oberlo reports that the number of global smartphone users is estimated to be 5.25 billion in 2023, which is 2.6 billion, or 98%, more than the number of smartphone users in 2016. […]

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FinTech

Illicit Funds in Cryptocurrency Mixers Soar by 63% in 2023

Cryptocurrency mixers, also known as tumblers, have become a method for individuals looking to conceal their activities in the decentralized and pseudonymous world of crypto. These services were initially created to provide users with increased privacy and anonymity. However, recent reports reveal a concerning trend. According to BanklessTimes.com, there has been a 63% year-on-year surge in funds being […]

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