Tantalizers, Nigeria’s only publicly listed restaurant franchise, paid food delivery platforms, like Glovo and Chowdeck, only ₦65,000 ($42) in commissions in 2024—a stark contrast to the over ₦6 million ($5,459) it incurred in 2023.

Tantalizers, Nigeria’s only publicly listed restaurant franchise, paid food delivery platforms, like Glovo and Chowdeck, only ₦65,000 ($42) in commissions in 2024—a stark contrast to the over ₦6 million ($5,459) it incurred in 2023.

Moniepoint Pursues Commercial Banking License Moniepoint, Nigeria’s leading fintech unicorn, is taking a bold step by pursuing a commercial banking license from the… TechCity

Carbon Resumes Card Issuance After Six-Month Hiatus Carbon, a leading Nigerian digital bank, has announced its return to card issuance after a six-month pause. The… TechCity

On November 13th, the magnificent Bay Hotel in Camps Bay, Cape Town, hosted the 2024 Africa Tech Festival Innovation and Excellence Awards. This distinguished event recognized extraordinary technological advancements and knowledge from throughout the continent, awarding organizations, individuals, and initiatives that have exhibited brilliance and commitment to expanding Africa’s technological frontier. The awards ceremony, led […]

Data from the National Bureau of Statistics on Friday put October’s inflation rate at TB up from 32.70% recorded in August. Headline inflation slightly accelerated in September, reversing a two-month ease.

Eutelsat Group has signed a multi-year agreement with Q-KON to expand Low-Earth Orbit satellite services across Sub-Saharan Africa. The company aims to provide high-speed, low-latency connectivity to underserved businesses and communities, especially in Southern Africa. The expanded partnership with Q-KON builds on the successful 2023 integration of Eutelsat’s OneWeb LEO satellite connectivity into Q-KON’s Twoobii […] The post New Eutelsat Deal to Boost Connectivity in Southern Africa first appeared on IT News Africa | Business Technology, Telecoms and Startup News.

Carbon, the Nigerian digital bank, willresume issuing cards in November, six months after halting its card services.

How Much Is $100 Steam Gift Card In Naira Today Currently, the price of a $100 steam gift card on Giftcardstonaira.com is #146,000 Naira. You can use their… TechCity

MyCoverGenius launches MyCoverGenius V.2.0  Insurance provider MyCoverGenius has launched an upgraded insurance platform, MyCoverGenius V.2.0,  to give customers a more seamless experience.… TechCity

The use of card PINs for online transactions is coming under scrutiny as Charles Ude, an Abuja-based legal practitioner, urges the federal government to consider banning this practice. He supports a proposal by Dr. Kingsley Chibuzor Aguoru, a UK-based Nigerian Chartered Engineer, who believes that eliminating card PINs in digital payments could significantly enhance security […] Continue reading %%POSTNAME%% at %%BLOGNAME%%.

Zenith Bank’s Zecathon 4.0 Offers Over N70M , Applications Now Open Zenith Bank has  announced the return of its annual startup competition, Zecathon 4.0.  The competition, a vital component… TechCity

Glencore Ferroalloys has taken a daring step in influencing the future of the young people in the communities where it works by holding the inaugural World Robotics Olympiad (WRO) at Rustenburg’s Kloofview Primary School. This year’s competition, which built on the success of the previous year’s pilot project that exposed students to data systems, artificial […] The post Glencore’s Tech Push Transforms Education in Rustenburg first appeared on IT News Africa | Business Technology, Telecoms and Startup News.

IBM and Sustainable Energy for All (SEforALL) have introduced a new artificial intelligence (AI)–powered solution to promote more sustainable urban development in cities and communities. This solution will assist policymakers and decision-makers in mapping urbanization and determining the energy and infrastructure needs of communities in emerging countries. In 2022, IBM began collaborating with SEforALL through […] The post IBM & SEforALL Unveil AI-Powered Urban Sustainability Tool first appeared on IT News Africa | Business Technology, Telecoms and Startup News.

The acquisition will help Access Bank UK expand its personal and corporate banking services to Mauritius.

A commercial banking license would enable Moniepoint to expand its product offerings across Nigeria, including international transactions and treasury operations—both stable revenue drivers for banks

In today’s edition: Analysts expect Nigeria’s inflation to quicken in October || Africa needs more cross-border startups || Telkom gets court order to raid company over data breach allegations || South Africa mulls over introducing carbon taxes

The Central Bank of Nigeria (CBN) has granted Currenzo, a Nigerian subsidiary of the global financial institution Africhange, an International Money Transfer Operator (IMTO) licence. This move empowers Africhange to process remittances directly into Nigeria without intermediaries, offering faster services and better rates for Africans, especially Nigerians, at home and abroad. The IMTO licence allows […] The post Currenzo’s Licence Boosts Remittance Flows and Nigeria’s Foreign Exchange Reserves appeared first on Tech In Africa.

Visa, the world’s second-largest card payment processor, has made strategic investments in four African startups as part of its plan to invest $1 billion to drive financial inclusion in the continent. These startups are part of Visa’s biannual Africa Fintech Accelerator program, which launched in June 2023. The first cohort of the accelerator program admitted […] The post Visa’s Strategic Investments Fuel Financial Inclusion in Africa appeared first on Tech In Africa.

Telecom Egypt and Saudi Arabian technology, media, and telecom (TMT) company Mobily have signed a cooperation agreement to land the first Saudi submarine cable connecting the Kingdom to Egypt. This landmark deal aims to enhance regional connectivity and bolster communication links between the Middle East and Europe. The new cable, a wholly-owned Mobily project, will […] The post Telecom Egypt and Mobily Collaborate to Bridge the Red Sea with Submarine Cable appeared first on Tech In Africa.

South Africa’s Competition Tribunal has issued an order prohibiting a proposed deal between telecoms operator Vodacom and fiber company Maziv (previously branded as MAZIV). The Tribunal’s decision comes as a blow to Vodacom’s ambitions to expand its fiber footprint, particularly in low-income areas, through this strategic alliance. Vodacom had planned to invest up to R14 […] The post South African Regulator Blocks Vodacom-Maziv Fiber Deal, Raising Concerns over Market Dominance appeared first on Tech In Africa.

Orange Middle East and Africa (OMEA) and the payments giant Mastercard have joined forces to expand access to mobile financial services across Sub-Saharan Africa. This landmark partnership, one of the largest of its kind in the region, aims to empower millions of Orange Money wallet holders by enabling them to make digital payments through Mastercard’s […] The post Cashless Future for Africa: Orange and Mastercard’s Strategic Alliance Drives Financial Transformation appeared first on Tech In Africa.

Volkswagen Group Africa has launched its multifunctional facility in Gashora, Rwanda, to pilot a groundbreaking farming initiative known as the GenFarm project. This comprehensive ecosystem of e-powered mechanized farming services aims to transform the rural landscape of Africa, offering a dependable, sustainable, and environmentally friendly approach to agriculture. Volkswagen’s GenFarm project is a testament to […] The post Empowering Africa’s Farms: Volkswagen’s Revolutionary GenFarm Project Takes Root in Rwanda appeared first on Tech In Africa.

Nigeria has entered a new phase in its technological development with the launch of locally manufactured laptops and tablets. The National Agency for Science and Engineering Infrastructure (NASENI) has joined forces with Imose Technologies Ltd to produce these computing devices within Nigerian borders. NASENI’s Deputy Director of Information, Chima Akwaja, revealed the groundbreaking development. The […] The post Nigeria Launches Domestic Computer Manufacturing Initiative appeared first on Tech In Africa.

Apple Smart Home Display Rumored Features and Release Date For months, rumors have circulated about an Apple smart home display. According to Bloomberg’s Mark Gurman, the device… TechCity

Invest Africa is pleased to announce a strategic alliance with Premier Invest, a global investment conglomerate dedicated to delivering transformative investment into Africa. This collaboration aims to identify and unlock new opportunities for growth, innovation, and sustainable development across the continent through a series of targeted engagements, including The Africa Debate in London and the […] The post Invest Africa & Premier Invest Announce Strategic Partnership first appeared on IT News Africa | Business Technology, Telecoms and Startup News.

With 850 locations across the country and a steadily growing customer base, Capitec has expanded since its establishment in 2001 to rank among the largest banks in South Africa, providing a wide range of financial services. Capitec has partnered with Cisco Technology to improve its digital infrastructure across its branches, aiming to enhance operations and improve […] The post SA’s Top Bank Partners with Cisco for Digital Transformation first appeared on IT News Africa | Business Technology, Telecoms and Startup News.

Fincra has remained largely bootstrapped, having raised only a $250,000 investment from Techstars in 2022. Ayodele’s belief in organic growth over reliance on external funding has shaped this approach.

Black Friday is one of the most anticipated shopping days of the year, with fantastic deals and discounts. However, it is also an ideal time for scammers and cybercriminals to prey on naive customers. Here are 4 crucial pointers to guarantee a clever and safe shopping experience: 1. Avoid public Wi-Fi for purchases Public Wi-Fi […] The post 4 Crucial Tips for a Secure and Clever Shopping Experience first appeared on IT News Africa | Business Technology, Telecoms and Startup News.

People change jobs and industries to find purpose in their work, or for more cash. In this edition of #EnteringTech🚀, three techies who transitioned within tech answer one simple question: why.

Commvault has appointed Vikash Tulsi as its new Senior Sales Engineer, a seasoned IT professional with over two decades of industry experience in data protection and management software. Tulsi’s main duty in his new position is to provide technical assistance to Commvault’s sales initiatives in the Southern African Development Community (SADC) area. This entails assisting […] The post New Senior Sales Engineer Joins Data Protection Software Giant first appeared on IT News Africa | Business Technology, Telecoms and Startup News.

Uzemi Leadership Summit 2.0: A Game-Changer for Women in Tech Lagos, November 11th, 2024 – The Uzemi Leadership Summit 2.0, held over the weekend in Ikorodu, Lagos, brought… TechCity

Why your business needs unified data analytics for growth and success By Kehinde Ogundare, Country Head, Zoho Nigeria Most business leaders will agree that data analytics is a strategic… TechCity

In today’s edition: How Globacom declined in Nigeria’s telecoms market || Mixed results for MultiChoice in H1 2024 || Safaricom pauses advertising on Nation Media Group

Globacom's reputation for unreliable service has hurt growth. A major cyberattack in August 2023 exposed customer data to unknown hackers and went unreported for a year, exacerbating the reputational damage.

How to Safely Buy Apple Gift Cards Online in Nigeria: A Step-by-Step Guide Buying Apple gift cards online in Nigeria just got easier. Use Cardtonic to get secure, instant access to… TechCity