Business

Afrivest Analysts Forecast Bright Fortune for MTN and Airtel Shares

Analysts at Afrinvest (West Africa) Limited are optimistic about the future of MTN Nigeria Plc and Airtel Africa Plc, they have therefore urged for investors to consider its shares for purchase saying that their current prices are undervalued. Afrinvest comment was made in its latest report noting that the telecommunications sector in Nigeria remains the […]

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Technology

UK Govt Gives Huawei 2023 Deadline to Leave, BT & Vodafone Predict Digital Blackout

In evidence presented to the UK Science and Technology Committee, BT and Vodafone execs said completely removing Huawei by 2023 would cause major disruptions, even digital blackouts. The two telecoms operators, both of which are long-standing customers of Huawei, have warned politicians against hasty decisions. It does appear Huawei is living on borrowed time in […]

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Technology

Minister Mandates NCC to Implement National Broadband Plan 2020/2025

The Nigerian Communications Commission (NCC) has been saddled with the responsibility of leading the team that will ensure effective monitoring and steering of the overall implementation of the National Broadband Plan (NBP) 2020-2025. This followed the designation of NCC’s Executive Commissioner, Technical Services, Engr. Ubale Maska, as the Chairman of the newly-inaugurated Broadband Implementation Steering […]

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Technology

Google Podcast Accelerator Program Promises Funding of $12,000 as 2020 Application Opens

Google’s and PRX’s podcast accelerator and training program for producers for 2020 has been opened with a promise of up to $12,000 funding. The duo has called for applications before the closing date of Sunday 2 August 2020. Successful applicants with an existing podcast who want to advance their skills and take their productions to […]

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FinTech

UNICEF Innovation Fund Opens Blockchain Funding Worth N38m for Startups

The UNICEF Innovation Fund is looking to make equity-free investments of up to US$100,000 in early-stage blockchain startups that have the potential to benefit humanity. UNICEF runs a host of different innovation fund, with the latest one open to any startup registered in one of UNICEF’s programme countries with a working, open-source blockchain prototype that […]

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E-Commerce

Nigeria’s Bulk Foodstuff eCommerce Website to Expand with German Firm Funding

Nigerian group-buying startup Pricepally has secured funding from German firm GreenTec Capital Partners as it looks to expand its operations outside of its Lagos base. Disrupt Africa reported in February on Pricepally, which launched in November 2019 and is a group-buying platform that aggregates consumer food demand and matches it with supplies directly from farmers […]

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Business

Ecobank Nigeria Extends Agric Loan to 70,000 Farmers

Ecobank Nigeria has restated its commitment to the Agricultural sector and is supporting over 70,000 farmers with special loans to increase their capacity and yields during this planting season. This is one of the bank’s initiatives to promote entrepreneurship in the sector and is in support of the Central Bank of Nigeria’s Anchor Borrowers programmes […]

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Technology

NCC Creates New Department to Accelerate Nigeria’s Digital Economy Agenda

The Nigerian Communications Commission (NCC) has created a Digital Economy Department, principally responsible for implementing programmes and policies aimed at fully supporting and promoting the national digital economy agenda of the Federal Government. The Governing Board of the Commission approved the creation of the new department at its last meeting. The department is strategically and […]

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Telecoms

Airtel Deploys India’s Largest Open Cloud-based VoLTE Network

Nokia said its CloudBand-based software products are powering Bharti Airtel’s Voice over LTE (VoLTE) network in India. The network supports over 110 million customers, making it the largest cloud-based VoLTE network in India and the largest Nokia-run VoLTE in the world. The cloud-based VoLTE deployment allows Airtel to provide its mobile customers faster and more […]

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Technology

France Snubs USA Over Quest to Ban 5G from Huawei

The head of the French cybersecurity agency ANSSI said there would not be a total ban on using equipment from Huawei in the rollout of the French 5G telecoms network, but that it was pushing French telcos to avoid switching to the Chinese company. “What I can say is that there won’t be a total […]

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