Author: Akin Naphtal

Microsoft is expanding its partnership with the African Development Bank (AfDB) to support Africa’s youth entrepreneurs under the bank’s Youth Entrepreneurship Investment Banks (YEIB) Initiative. Through its African Transformation Office (ATO), Microsoft will work with the bank to develop youth entrepreneurship ecosystems, create jobs and dramatically scale impact in Africa through digital inclusion. According to a joint statement released by Microsoft and the AfDB, Africa’s young population is expected to double in size by 2050, reaching 830 million. Though 10 to 12 million youth join the continent’s workforce every year, just over 3 million jobs are created, meaning large numbers…

The partnership underscores the company’s commitment to reaching more customers with fast, accessible, and reliable wireless internet solutions. In a release issued by the company, it said “Vodafone Ghana’s internet solution will keep customers reliably connected anytime they visit Total Energies service stations. It also facilitates employee efficiency and productivity, as they can work from anywhere on the business premises. Speaking on collaboration, the Director of the Enterprise Business Unit at Vodafone Ghana, Tawa Bolarin, said the initiative will allow her outfit to expand internet connectivity to its customers no matter where they find themselves. “We are particularly excited to…

September 8th, is commemorated as World Literacy Day. As proclaimed by UNESCO in 1966, World Literacy Day aims to remember the importance of literacy for individuals, communities, and societies and the need for intensive efforts for society to be literate. Now, along with the rapid development of technology accompanied by changes in people’s lifestyles, literacy is viewed not just as it was originally proclaimed, but increasingly as literacy in using and utilizing digital technology. As the leading digital telecommunications company in Indonesia, PT Telkom Indonesia (Persero) Tbk (Telkom) has a responsibility to support the development of Indonesia’s digitalization by providing…

Buy2Sell, an E-commerce platform in Asia, announced a new strategic partnership with Mastercard. The announcement is the result of a longstanding relationship where Buy2Sell will enable multiple payment types to a variety of delivery channels via a single connection through Mastercard Cross-Border Services Mastercard Cross-Border Services enable financial institutions and partners to build flexible solutions that support multiple use cases and can reach a variety of payment endpoints nearly anywhere in the world via a single connection. Mastercard’s platform plays a key role in improving world-wide connectivity and provides innovative payment applications that enable customers with the choice to route…

As part of efforts to expand its operations and create value for its stakeholders, CWG Plc has unveiled a new subsidiary – Fifthlab – a financial technology company. Speaking at the unveiling and its maiden Texcellence Conference as part of activity to mark its 30th anniversary, Mr. Philip Obioha, Chairman, Board of Directors, CWG, reiterated the company’s commitment to continue to deploy new tech solutions to grow businesses and solve individual and corporate challenges in the IT space. He noted that Fifthlab would offer unique IT services to small and Medium Enterprises (SMEs) and individuals alike. According to him, the…

Binance, a global cryptocurrency exchange has announced Ibukun Awosika as a member of its newly created Binance Global Advisory Board. The list is made up of well-known experts in public policy, government, finance, economics, and corporate governance. Ibukun Awosika, the first female chairman of First Bank of Nigeria is among the new Global Advisory Board. She is joined by Max Bacus (USA), HyungRin Bang (Korea), Bruno Bezard (France), Leslie Maasdorp (South Africa), Henrique de Campos Meirelles (Brazil), Adalberto Palma (Mexico), David Plouffe (USA), Christin Schäfer (Germany), Lord Vaizey (UK), and David Wright (Europe). The objective of the board is to…

Tech giant Samsung has partnered with Axis Bank to launch a co-branded Visa credit card in India. The Samsung Axis Bank credit card will come in two variants: Visa Signature and Visa Infinite. Both will offer cardholders 10% cashback on all Samsung products and purchases, but with different limits. Cardholders can also earn rewards on spending at partner merchants and receive other perks such as airport lounge access. Ken Kang, president and CEO, of Samsung South-West Asia, says: “The Samsung Axis Bank Credit Card, powered by Visa, is our next big India-specific innovation that will change the way our customers…

It was earlier reported that the fast-growing Nigerian FinTech Startup, Kuda Bank – incurred a net loss of ₦6,092,554,866 ($14,214,681) in the 2021. In a bit to provide answers to the cause of the tremendous loss, reports have highlighted bad loans and the immense increase in staff as major contributors to it. The loss incurred in the fiscal year is said to have nothing to do with the decline in revenue as there was a revenue increase by 4,315% which grew from ₦72,649,000 in 2020 to ₦3,207,177,570 in 2021. The loss however was caused by loan unreimbursed by clients and…

Tech-focused magazine, TechBerg, has unveiled Lagos State of Nigeria Honorable Commissioner for Science and Technology, Hakeem Popoola Fahm as its Tech Personality of the Week. An award-winning personality with decades of experience in Information Technology infrastructural solutions, cloud solutions, channel and people management. Born in 1958, he holds a Bachelor of Science Degree in Industrial Technology from Ohio University, Athens Ohio as well as a Master in Business Administration in Computer Information and Systems Science from the University of the District of Columbia (UDC), Washington DC. His wealth of experience cuts across different fields in IT. He began his career…

IBM has announced plans to acquire Dialexa, a leading U.S. digital product engineering services firm, to help companies drive innovation and achieve their digital growth agendas. The acquisition is expected to deepen IBM’s product engineering expertise and provide end-to-end digital transformation services for clients. Dialexa will be the sixth acquisition IBM has made in 2022, further bolstering the company’s hybrid cloud and AI skills and capabilities. Since Arvind Krishna became CEO in April 2020, IBM has acquired more than 25 companies. Thirteen of those acquisitions, including Dialexa, have been in IBM Consulting. Today’s news builds upon IBM Consulting’s prior acquisitions,…