Author: Akin Naphtal

LG Electronics (LG) has produced cutting-edge air conditioners that are powered by ingenious inverter technology. LG’s inverter technology is highly developed and well-regarded around the world, and it considerably improves energy efficiency and performance. Rising electricity costs and environmentally conscious consumers are driving the use of energy efficient air conditioners around the world. LG Electronics is one of the companies at the forefront of the next generation of innovative Residential Air Conditioning (RAC). LG has prioritized earth environment preservation, sustainable social advancement, and improved the quality of life of all its stakeholders over the last 20 years with a vision…

The Nigerian Communications Commission has confirmed that MTN Nigeria and Mafab Communications Limited have paid $273.6m each for the Fifth-Generation spectrum licence. The Executive Vice Chairman of the NCC, Umar Danbatta, officially confirmed the payment status on Thursday, as the deadline set for the two winners of the spectrum auction elapsed. This is according to a press statement issued by the Commission on Thursday, titled ‘3.5GHz Spectrum: MTN, Mafab Pay for Licences’. It read in part, “Provisional winners of the 3.5 Gigahertz spectrum licence, MTN Communications Nigeria Plc and Mafab Communications Limited, have made their full payment of $273.6m each…

South African fintech startup Lipa Payments, which is bringing the “tap to pay” experience to informal sectors with its software solution that enables merchants to accept contactless payments directly from a mobile phone, has raised ZAR10 million (US$660,000) in funding to help it scale. Founded in 2019 by Thando Hlongwane and Roger Bukuru, Lipa Payments aims to revolutionise the way the informal sector trades in goods and services. The startup has developed a payment software solution for banks and fintechs that allows small merchants to accept digital payments using NFC and Bluetooth technology. The startup has now secured a ZAR10…

Member of Parliament for Ejisu and Deputy Minister of Finance, Dr John Kumah has urged the minority in Parliament to live above their partisan interest and support the passage of some critical bills such as the E-levy Bill. He said the minority’s position on the bill was stampeding the government’s ability to pursue swift fiscal consolidation and re-anchor the economy on the path of sustainable growth. In a statement, Dr Kumah noted that Parliament may not be able to extricate and absolve itself from blame when the economy takes a nosedive due the non-passage of critical bills, including the e-levy.…

Meta is expanding the availability of Facebook Reels for iOS and Android to more than 20 countries across sub-Saharan Africa. Meta is also introducing better ways to help creators to earn money, new creation tools and more places to watch and create Facebook Reels. Prior to this launch Reels was available on Facebook in India, Mexico, Canada, the U.S, and is now available across sub-Saharan Africa in: Zimbabwe, Zambia, Uganda, Tanzania, Swaziland, South Africa, Seychelles, Senegal, Rwanda, Nigeria, Namibia, Mali, Malawi, Lesotho, Kenya, Guinea, Ghana, Cape Verde, Cameroon, Burkina Faso. Commenting on the launch Nunu Ntshingila, Regional Director for sub-Saharan Africa…

Central Bank of Kenya has granted Cellulant a Payment Service Provider authorisation in Kenya, enabling the company to expand its payments offering for businesses, banks, and consumers. Founded in 2003, Cellulant is among the pioneer Financial Technology (fintech) Companies in Kenya and Africa at large and has a history of driving innovation through creative technical solutions delivered with a streamlined user experience. Over the last decade, the company has evolved in its payments solutions, from mobile banking services to offering a full-stack one-stop-shop payments platform for global, regional and local businesses. The authorisation permits Cellulant to continue enabling businesses to…

The Administrator at the National Identification Authority (NIA), Cecilia Erzuah, has pleaded with mobile telecommunication networks to extend the deadline for the registration of SIM cards across the country. According to her, since the exercise begun, scores of Ghanaians have not been able to participate, and therefore the need for the mobile network operators to consider a possible extension to the end of the year. Speaking to the press on Tuesday, she explained that there’s a backlog of people who are yet to receive their Ghana Cards, hence, the timeline for the SIM registration must be reviewed to accommodate such…

A cyber rapid-response team (CRRT) is being deployed across Europe, after a call for help from Ukraine. The newly formed team of eight to 12 experts, from Lithuania, Croatia, Poland, Estonia, Romania, and the Netherlands, has committed to help defend Ukraine from cyber-attacks – remotely and on site in the country. According to a CRRT official, “we can see that cyber-measures are an important part of Russia’s hybrid toolkit”. It comes after the UK and the US blamed Russia for cyber-attacks earlier this month that temporarily took a small number of Ukrainian banking and government websites offline. The Lithuanian Ministry…

Ten game development studios in Africa have come together under one umbrella, the Pan Africa Gaming Group (PAGG), in an effort to unify the continent’s gaming sector, which is currently fragmented. The association is further envisioned to drive the uptake of gaming in the continent, and grow developer talent. The announcement was made today against the backdrop of the Africa Games Week 2022, which is taking place in Cape Town, South Africa. The PAGG said they aim to grow the industry by two times annually, and to put Africa “on the map of the global game industry.” The gaming studios…

In the past one decade, a $1 billion jobs market — microwork — has emerged around technologies that split activities into piecemeal tasks to be completed by many people over the internet, mostly using mobile devices. The allure of microwork opportunities has grown to capture the interest of Africa’s youth, who stand to earn up to $7 per day, against a daily urban income rate of $4.35 urban earning average for low-income groups, according to a study conducted in Kenya by Mercy Corps Ventures (MCV), the impact investing arm of global development agency Mercy Corps. Microwork has the potential to create jobs…