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PayPal okays $100m to accelerate digital growth

PayPal Holdings Inc. has committed $100 million investment to the Middle East and Africa, fueling innovation, supporting entrepreneurs, and driving inclusive economic growth in one of the world’s fastest-growing digital commerce regions. This strategic investment will be deployed through a mix of minority investments, acquisitions, PayPal Ventures funding, people, and technology deployments that will help…

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ITU, Google, will.i.am partner to bridge Nigeria’s, others’ AI gaps

United Nations agency for digital technologies, International Telecommunication Union (ITU), Google, and musician, tech founder and philanthropist will.i.am have launched an initiative to bring artificial intelligence (AI) and robotics training to students in Nigeria, Ghana, Ivory Coast, Kenya, and South Africa to establish the foundation for bringing AI and robotics skills training into schools across…

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Airtel Africa Foundation targets improving 10m lives

The philanthropic arm of Airtel Africa Plc, Airtel Africa Foundation, has unveiled its plans to directly improve the lives of 10 million people across the continent by 2030. The strategy, the carrier said, will be delivered through targeted initiatives under four core pillars namely Financial Empowerment, Education, Environmental Protection and Digital Inclusion (FEED). Outlining the…

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TD Africa appoints 11-year-old Elizabeth Osagie Omonefe as one-day CEO

In a move highlighting its commitment to youth empowerment and gender inclusion in technology, Tech Powerhouse, TD Africa, appointed 11-year-old Elizabeth Osagie Omonefe as CEO for a day. The young beneficiary of TD Africa’s scholarship scheme stepped into the role on September 8, demonstrating that the future of Africa’s technology leadership starts with investing in…

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Fintech, globalization, borderless banking: A look at Afriex

By Dr. Robert Ekat In an increasingly interconnected world, where physical borders are diminishing in significance, the financial sector is undergoing a profound transformation. This evolution is largely driven by the rise of financial technology, or Fintech, which is reshaping the very nature of banking and making global financial transactions more accessible and efficient than…

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Nigeria’s telecom sector creates over 500,000 jobs

Since the liberalisation in 2001, Nigeria’s telecom industry has created more than 500,000 jobs, transformed connectivity, and enabled economic growth, the sector regulator, Nigerian Communications Commission (NCC), said Tuesday. In spite of this success story, the sector is heavily plagued with the dearth of requisite skilled manpower that could reverse the gain, the regulator, warned….

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Konga unveils shopping extravaganza

Konga, Nigeria’s leading composite e-commerce giant, has announced the launch of its highly anticipated ‘All in All, Everything ×2 – Category Month’ campaign. This month-long shopping festival, running from September 1 to September 31, offers customers unprecedented discounts across a vast range of products. The campaign is strategically designed to empower households and businesses by…

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