Author: Akin Naphtal

Daser David has been appointed the new President and Chief Executive Officer of the Digital Bridge Institute (DBI) with a distinguished career that bridges technology, policy, and strategic leadership. His appointment marks a for DBI as it continues to advance its mission of fostering digital innovation and inclusion. His professional journey is a receipt of his diverse expertise and commitment to the tech sector. As the Founder and CEO of nHub, he cultivated a thriving environment for startups, driving growth and innovation within the technology ecosystem. His leadership at nHub, particularly in his role as Director of Startup Growth &…

Andela has announced the appointment of Carrol Chang as its new CEO. Chang will replace Jeremy Johnson, Andela’s co-founder, who is stepping down from the role but will remain on the company’s board. Chang is set to join Andela’s board on September 17. She brings extensive experience from her previous roles as the global head of driver and courier operations at Uber and has also held positions at McKinsey & Company and the U.S. Department of Homeland Security. Expressing her enthusiasm for the new role, Chang stated, “I am deeply grateful for the privilege to lead Andela. It’s rare to…

Raxio Group, a carrier-neutral Tier III data center operator, has inaugurated a $30 million data center in Kinshasa, Democratic Republic of Congo (DRC), marking a focal point in the nation’s digital ecosystem. The facility, named Raxio DRC1, is the largest of its kind in the country and has received Tier III accreditation from the Uptime Institute, a global industry authority. Located in Limete, southeast of Kinshasa, the two-story, 1,542-square-meter data center represents a key component of the DRC’s Plan National du Numérique, which aims to foster digital inclusion, stimulate private sector growth, and accelerate the digital transformation of public services.…

Portugal International, Cristiano Ronaldo has demonstrated his unparalleled influence, this time in the digital realm. The launch of his YouTube channel has set a new record, amassing 17.1 million subscribers within just 24 hours of its debut. The five-time best footballer of the year announced the channel, and within the first 12 hours, it had already attracted 10 million subscribers. The pace of growth is unprecedented, especially when compared to other popular YouTubers; it took digital sensation MrBeast 132 days to reach a similar milestone. Ronaldo’s channel, which already features 19 videos, offers fans an intimate look at his life…

In a fast-evolving digital ecosystem, where technology is reshaping industries at the speed of light, the accounting profession in India stands at a crossroads. Sajid Khan, Director of the Association of Chartered Certified Accountants (ACCA) in India, sheds light on the critical issues confronting the sector, from the growing influence of Artificial Intelligence (AI) to the country’s aspirations for its own “Desi Big 4.” Khan issued a stark warning, saying accountants who fail to embrace and integrate AI into their work risk becoming obsolete. Khan cautioned: “Artificial Intelligence is going to replace professional accountants who do not understand and embed…

Binance has successfully registered as a reporting entity with India’s Financial Intelligence Unit (FIU), as part of its ongoing efforts to uphold the highest regulatory standards. This achievement marks Binance’s 19th global regulatory milestone. The registration with the FIU underscores Binance’s commitment to compliance with anti-money laundering (AML) standards in India as well as any other jurisdiction it operates in. The registration with the FIU underscores Binance’s commitment to compliance with anti-money laundering (AML) standards in India as well as any other jurisdiction it operates in. This step is a testament to Binance’s dedication to fostering a secure, transparent, and…

TikTok has launched its inaugural Safety Advisory Council for the expansion of its #SaferTogether community education on its platform across Sub-Saharan Africa, taking major steps to boost safety in the region. This announcement was made at TikTok’s Safety Summit held in Nairobi, Kenya. By partnering with key stakeholders, including policymakers, members of academia, NGOs, and community leaders, TikTok aims to foster a collaborative approach to ensuring a secure and positive platform environment. A Continuous Investment: The Safety Advisory CouncilSince 2020, TikTok has established nine regional Safety Advisory Councils alongside the U.S. Content Advisory Council, each composed of experts in areas…

Layoffs in the technology industry have accelerated, with major US chipmaker, Intel, and communications giant, Cisco, cutting close to 21,000 jobs in a new wave of sackings this month, bringing the total of tech layoffs in 2024 to nearly 133,000. Cisco announced last week that it would restructure, resulting in a 7% reduction of its global workforce. This marks the second significant layoff round for the company this year, following its elimination of 4,000 jobs in February. Meanwhile, Intel disclosed earlier this month that it plans to cut approximately 15,000 employees, representing 15% of its global workforce of 110,000. Intel…

Liquid Intelligent Technologies has formed a strategic partnership with Globalstar, an American connectivity innovator, to deliver advanced 5G connectivity solutions across Africa, the Middle East, and the Gulf regions. This partnership grants Liquid exclusive rights to sell and distribute Globalstar’s XCOM RAN private networks 5G access solution in these regions, which will enhance the 5G experience and support AI-driven applications.The collaboration aims to revolutionize industries such as mining in Africa and high-end markets in the Middle East and Gulf. Founder and Chairman of Liquid Intelligent Technologies, Strive Masiyiwa, , expressed enthusiasm for the breakthrough in 5G private networks technology, highlighting…

Waza, a Nigerian B2B payments platform and liquidity provider, has secured $8 million in funding to expand its operations across emerging markets. Founded in January 2023, Waza has quickly established itself as a key player in facilitating seamless business payments in Nigeria and Ghana, processing over $700 million in annualized payment volume. The recent funding round comprises $5 million in debt financing from Timon Capital and $3 million in seed capital from a coalition of investors, including Y Combinator, Byld Ventures, Norrsken Africa, Heirloom VC, Plug and Play Tech Center, and Olive Tree Capital. The company aims to simplify cross-border…