Flapmax, a leading artificial intelligence (AI) company, has recently announced a strategic partnership with Intel, a global technology leader. The main objective of this alliance is to drive AI innovation and foster economic empowerment in Africa. Empowering Entrepreneurs in Emerging Markets Through their collaborative efforts, they intend to provide technology access, training, mentorship, and funding opportunities to entrepreneurs in…
By bird story agency Natural gas-powered vehicles are becoming increasingly popular across Africa thanks to supportive policies, infrastructure development and heightened investor appeal. Several African nations are taking advantage of their ample natural gas reserves to introduce gas-powered four-wheel vehicles to the roads. Nigeria, with substantial natural gas reserves, has approved the widespread use of vehicles powered by compressed…
ALC in Nigeria targets 50 airplanes in seven years The global aircraft leasing market size is projected to hit $317.5 billion in the next seven years from its value of $172.9 billion. Last year, the aircraft leasing market stood at $167.5 billion. Experts familiar with the trend said the increasing demand for low-cost airlines is a significant factor driving…
Microsoft, through its Africa Transformation Office (ATO), has confirmed that its Xbox Studios Game Camp will be hosted in Africa, The two-day conference which started in 2014 in Sweden before it was later shaped into a global program seeks to recognize and celebrate all game creators across more than 50 diverse countries and regions. The conference will run from…
The rapid development of digital technology since the turn of the century has fundamentally changed the way business and society operates and interacts. In many ways, the COVID-19 pandemic not only drove acute systemic changes in consumer and business behaviors, it also presented a boon for the uptake of digital transformation across the globe, skyrocketing the rate of adoption…
Sony Group Corporation has announced the establishment of Sony Research Inc., as a wholly owned subsidiary of Sony Group Corporation with the mission to “pioneer the future of creation.” As communicated at the R&D Strategy Briefing in December 2022, Sony Research will undertake research and development of unprecedented disruptive technologies that aims to empower creators around the world to…
Huawei today announced its ‘Non Stop Banking’ initiative. Unveiled at the Huawei Intelligent Finance Summit for Africa 2023, the initiative calls for hand-in-hand collaboration between the ICT and banking industries and facilitate a digital future of ‘non-stop’ services, ‘non-stop’ development, and ‘non-stop’ innovation. In a keynote speech announcing the initiative, Leo Chen, president of Huawei Sub-Saharan Africa Region spoke…
Elon Musk’s satellite Internet firm Starlink announced it will launch in Kenya in the second quarter of this year, posing competition to other players in the industry including Safaricom and Zuku. The billionaire technology entrepreneur’s company announced it is “pending service coverage or regulatory approval”. Kenyans, however, can order and deposit an amount of Ksh12,260 ($99) which is fully…
Visa Inc. will invest $1 billion in its business across Africa as the technology giant seeks to push adoption of digital payments across the continent. Visa Inc. will invest $1 billion in its business across Africa as the technology giant seeks to push adoption of digital payments across the continent. The investment will be spread over five years, Chief…
The African music industry has grown in leaps and bounds over the past few years due to a variety of factors, including collaborations with local and international artists, music streaming, and social media. However, only a select number of artists are enjoying this success, and many talented creators are still struggling to break through. This is why Spotify has…
Youngsters in the townships are drawn to the promise of quick riches with cryptocurrencies, but risk losses and becoming victims of scams. John first heard of cryptocurrency three years ago, when the teenager came across slick YouTube videos and Facebook posts of other South Africans claiming to have become wealthy overnight with bitcoin. Inspired, the then 14-year-old downloaded a trading app,…
Tech billionaire Elon Musk’s Starlink, the satellite Internet division of his rocket company SpaceX, has received the green light in the Philippines, Nigeria and Mozambique. Starlink satellite In a statement on Friday, the National Telecommunications Commission (NTC) said it has approved the registration of Starlink Internet Services Philippines Inc. as a value-added service (VAS) provider, reports CNN Philippines. “Starlink’s…
One of Africa’s leader in electric vehicles and green technology – Agilitee has appointed the first female as Chief Executive Officer. Bonisile Roberts whose appointment takes effect from May 23, takes over from Dr Mandla Lamba who is the founder. He resigned from his post to remain as the Chairman of the Board. This, sure, is good news for…