Telecoms

Enhancing Digital Transformation: Innovations and Obstacles in East Africa

AMA PRESS RELEASE In recent years, countries in the eastern and north-eastern African region have launched several exciting initiatives aimed at accelerating the adoption of digital technologies. Digital transformation in East Africa Powered by the immense success of the telco sector, countries like Kenya, Rwanda, Uganda and the DRC are making strides toward becoming active, […]

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Business

Qualcomm Unveils Startups for 2024 Qualcomm Make in Africa

Qualcomm Incorporated released the list of startups for Qualcomm Make in Africa 2024, as well as the winner of the 2023 Wireless Reach Social Impact Fund. The Qualcomm Africa Innovation Platform, now in its second year, aims to work with and support the development of Africa’s emerging technology ecosystem by providing mentorship, education, and training […]

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Media OutReach

Vertiv and TechAccess to Drive Digital Growth Across Sub-Saharan Africa

A collaboration between Vertiv, a global provider of critical digital infrastructure and continuity solutions, and South Africa-based IT services and solutions company, TechAccess, is growing the presence of both companies in the region, and providing needed support for data centre-colocation, enterprise, financial sector and mining customers across sub-Saharan Africa. This is the view of TechAccess managing […]

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Financial

Dangote Targets 700,000MT of Refined Sugar in Four years, Says Q1 Revenue Up to N122.7bn

Dangote Sugar Refinery Plc (DSR) has unveiled plans to produce 700,000 metric tonnes of refined sugar from locally grown sugarcane in the next four years, through its Backward Integration Programme (BIP). Chairman of Dangote Sugar Refinery Plc, Aliko Dangote stated this at the company’s 18th Annual General Meeting (AGM) held yesterday in Lagos, just as […]

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StartUps

Twelve Startups Set to Rejig Nigeria’s EdTech as CcHUB Opens Mastercard Foundation EdTech Fellowship 

The Nigerian EdTech is set for rejigging as Co-creation Hub Nigeria (CcHUB) selects twelve innovative EdTech start-ups to join its second cohort of the Mastercard Foundation EdTech Fellowship. Launched in 2023, the Mastercard Foundation EdTech Fellowship at CcHUB provides industry support and funding to empower start-ups driving change in Africa’s education landscape. The Mastercard Foundation […]

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Business

NEPL/Seplat JV, Edo Reforestation Agreement to Mitigate Climate Change Impacts

The NNPC Exploration and Production Ltd/Seplat Energy Joint Venture and the Edo State Government have signed an agreement that will see the state government allocate 6,000 hectares of land from its protected forest reserves to enable a large-scale tree planting initiative by Seplat Energy Plc. This is in furtherance to the Seplat Tree4Life Initiative and the […]

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Business

Okene Accident Truck Not Ours, Says  Dangote Cement 

Dangote Cement Plc has disowned a truck laden with cement that collided with a bus on Okene-Lokoja bypass in Kogi State, leading to the death of some passengers. The company however expressed sadness over the incident and condoled with the families of the victims, urging the public to disregard the erroneous news, that its truck […]

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Business

Opay, Palmpay & Moniepoint Customers’ Fund Safe Despite Onboarding Order-Report

Nigeria’s apex bank, the Central Bank of Nigeria (CBN)  has directed fintechs OPay, Palmpay, Kuda Bank, and Moniepoint to suspend new customer onboarding until further notice thereby sending panic into the financial system. However, investigations revealed that the onboarding, which the suspension of registration of new customers will not affect the fund of existing customers. […]

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News

JUST IN: NCC Funded Nigerian University Research Makes Major Breakthrough in 5G Technology Deployment

A  Nigerian University, the Nnamdi Azikiwe University has made a major technology development breakthrough in the design of the fifth-generation mobile communication system. The Department of Electronic and Computer Engineering of the University through the sponsorship of a research work by the Nigerian Communications Commission, under the title “The Development of a User-Centric Based Clustering […]

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Business

Seplat Energy Achieves 2.3 million Hours Without LTI in Q1 2024

Seplat Energy PLC, a Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has announces its unaudited results for the three months ended 31 March 2024, declaring US 3 Cents dividend per share for the period. For the period under review, production averaged 49,258 barrels of oil equivalent per day […]

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