Author: Akin Naphtal

Egyptian startup Exits.me, a fintech investment banking marketplace, has raised US $1 million in a pre-seed funding round as it plans continued growth. Founded in 2022 by Mohamed Aboulnaga, Ahella El Saban and Ayman El Tanbouly, Exits.me aims to facilitate M&As and investments in companies by offering a seamless and fully integrated online solution on its platform and a full-fledged financial advisory service. The startup was acquired initially by PIE, a boutique M&A consultancy founded by Mohamed Aboulnaga, earlier this year. After releasing the beta version of the platform, the team is currently working to transform it into a new…

MTN Group, Africa’s largest mobile network operator, has announced the signing of a strategic partnership agreement with Dooka, Africa’s first business-to-business (B2B) marketplace to automate the sourcing process of MTN’s long tail of indirect local spending. The partnership promises a paradigm shift in corporate procurement on the continent, bringing the ease of consumer marketplace buying to companies across Africa. Dooka will boost MTN’s local supplier development initiatives, giving local suppliers – including women-owned businesses – the opportunity to sell to other customers on the platform, while providing MTN and other businesses with transparency in pricing and greater efficiencies. Our new…

An African data centre company Open Access Data Centres (OADC) has announced the deployment of three new OADC EDGE datacentres in South Africa. OADC EDGE DCs offer colocation, rooftop access and high-speed network interconnectivity between facilities at up to 100Gbps and on multiple routes for diversity. The WIOCC Group company said the datacentres will be live by the end of September, and are located in East London, George and Paarl, along national fibre routes to ensure availability of high-capacity interconnectivity. In November last year OADC announced a US$500-million-plus multi-year investment programme “to construct and operate a network of more than…

System integrator BCX has announced a strategic partnership with Alibaba Cloud, the digital technology and intelligence backbone of the Alibaba Group, to bring the best-in-class cloud technologies to local businesses in South Africa to drive local digitalisation. In a statement released late on 21 September, the two parties confirmed an exclusive distribution contract to grant BCX exclusive rights and authority to distribute Alibaba Cloud’s products and services in South Africa. The signing ceremony was attended by Jonas Bogoshi, CEO of BCX, Selina Yuan, Alibaba Group Vice President and Alibaba Cloud Intelligence International President and Daniel Jiang, General Manager of the…

Highly rated tech magazine, TechBerg has unveiled the Managing Director of SAP, Titilayo Adewumi, as its Woman in Tech Wednesday (WTW). WTW, one of the most high-profile tech personality ratings is a weekly review and rating of female tech personalities across the globe. It’s a special publication based on critical analysis and facts in the tech space. A tech icon with over 10 years of experience in Information Technology, Public Health, Financial Services and Telecommunications, Titilayo Adewumi is currently the Country Leader for SAP Nigeria. She manages the Sales portfolio for the West African Region for both General Business and…

In August 2019, the federal government of Nigeria appointed Mr Kashifu Abdullahi as the new Director General of the National Information Technology Development Agency (NITDA) with the target of advancing the country’s digitalization drive and building a robust information communication technology ecosystem. Until his appointment, he was the principal officer at the Central Bank of Nigeria (CBN) and was on secondment to NITDA as a Technical Assistant to his predecessor and current Minister of Communications and Digital Economy, Prof. Isa Pantami. With a giant success recorded under the leadership of the previous administration, there was a desire and need to…

Ericsson and MTN Nigeria have reached a historic milestone with the successful launch of 5G services. This landmark deal is the result of a fruitful collaboration spanning 21 years reaffirming a rich culture of partnerships between the two parties. The first phase of the launch covers certain parts of Lagos and Nigeria where Ericsson’s 5G technology – which includes 5G Radio Access Network & NSA Packet Core – will accelerate the development and digitalization of key sectors such as education, healthcare and manufacturing. It will also empower consumers and enterprises with innovative 5G applications that will unlock the true potential…

The Nigerian Communications Commissions, NCC has approved and extended the deadline for the application of Mobile Virtual Network Operators (MVNOs) Licence in Nigeria. The Nigeria telecommunications regulator explained that the extension was approved following several requests by prospective MVNO’s and MNO’s arising from the magnitude of the requirements for the grant of this License being the first of its nature in the Industry, and to get the Host Mobile Network Operators abreast. And as such the management of the Commission has considered the requests and approved the extension of the deadline of submission of applicants to 11th October, 2022. In…

ING. Digital Nigeria Limited, the leading-Edge solutions provider, with innovative business-relevant services in Edge AI and IoT, SDN/SFV for Edge Cloud, Secure Access Services Edge and Elastic Edge in Nigeria, has carted home two awards “Enterprise Solutions Provider of the Year” and “Digital Services Provider of the year“ at the just concluded Tech Innovation Awards (TIA) 6th edition. The award, formerly referred to as Nigeria Tech Innovation & Telecom Awards (NTITA)has been acknowledged as the foremost and most celebrated award in the Tech industry, it recognizes individual and organizations at the forefront of digitization with innovative products and services in…

Huawei a leading global provider of information and communications technology (ICT) infrastructure has won two major awards at the 6th edition of annual Tech Innovation Awards formerly called Nigeria Tech Innovation & Telecom Awards (NTITA), widely known as Nigeria’s ICT Oscars Awards Out of a longlist of several hundreds of companies, Nigeria Tech Innovation Awards (TIA) juries selected Huawei for ‘Excellence in 5G Technological Innovations’ award. The award was conferred on the Company as a reflection of Africa’s tech ecosystem’s high recognition of Huawei’s continuous efforts to enhance the possibilities of mobile and digital technology. The jury not only praised…