Schneider Electric has announced the second edition of the Innovation Summit Middle East & Africa (MEA) will bring together global technology leaders as well as government officials to advance the regional shift towards energy intelligence, as data center growth, artificial intelligence (AI) adoption, and national visions place unprecedented demands on energy systems. Scheduled for Abu…
Nigeria’s Project BRIDGE has secured a $100million investment from the Board of the European Bank for Reconstruction and Development (EBRD) and another a €22 million grant from European Union Digital Economy Package of €45 million. Minister of Communication, Innovation and Digital Economy, Dr Bosun Tijani, disclosed this via his X handle @bosuntijani. He wrote: “As…
The relationship between Artificial Intelligence (AI) and energy has become entirely inseparable, acting as both a critical dependency and a transformative catalyst for a sustainable future. As AI workloads grow, energy is no longer just an operational input but a defining constraint that is driving major investments in, and reorganization of, power infrastructure, a global…
General Magic has announced a $7.2million seed funding round led by Radical Ventures, with significant participation from a16z Speedrun and new investment from Figma VP of Product Brendan O’Driscoll and Larry James Erwin from OpenAI. The company has raised $8.4million to date, backed by Radical Ventures, a16z Speedrun, and Comma Capital, along with operators who…
Put next to the global rebound (+46per cent), that can look underwhelming. But the global number is a very distorted benchmark because it is overwhelmingly a US story. Indeed, equity funding in the US grew 66per cent YoY and accounted for roughly 70per cent of the global tally. So when US mega-rounds accelerate, ‘global funding’…
African statesman and former Nigeria President, Chief Olusegun Obasanjo, on Sunday night, joined several distinguished Nigerians including Mr Sam Amuka, media icon and Publisher of Vanguard newspaper, to pray for Leo Stan Ekeh, Chairman of Zinox Group, on his 70th birthday. Obasanjo who graced the thanksgiving meeting with his wife among other dignitaries prayed for…
Africa’s leading manufacturer of trusted technology solutions, Zinox Technologies and Africa’s largest technology and lifestyle distribution powerhouse, TD Africa, have sealed a strategic deal to revolutionise the continent’s tech ecosystem. The deal was sealed on Friday at an exclusive press conference attended by industry journalists, key stakeholders, and partners from both organizations. The event, held…
For many business owners, choosing a bank feels a bit like a formality. You pick a familiar name, open an account, and move on. But choosing the wrong bank can quietly cost you more than you realise. A bank isn’t just a place to hold money. It’s infrastructure, and like any infrastructure, it should be…
Africa’s largest oil producer, Nigeria, underperformed its 1.5 million barrels per day (bpd) quota in nine months of 2025 and again in January 2026, according to Nigerian Upstream Petroleum Regulatory Commission (NUPRC) figures. Using the Central Bank of Nigeria (CBN’s) average Bonny Light price of $72.08 per barrel over the 10 months for which data…
