Mobile money platform MoMo, operated by MTN, and banking tech firm Jumo have formed a strategic alliance to introduce Qwikloan, a new financial product, in South Africa. The essence of Qwikloan is to empower MoMo users to secure prompt cash directly from their mobile phones, with amounts ranging from R 250 to R 10,000 based […]

World Innovation League, formerly known as NaijaHacks, has secured a substantial $1.2 million to support the acquisition of tech skills among Africans and Black immigrants residing in Canada. The funding, spearheaded by Canada’s Digital Technology Supercluster, sets an ambitious target of increasing the representation of Black Canadians and new immigrants in the tech industry by […]

Introduced in 2020, Boost is on a mission to revolutionize the landscape for retail entrepreneurs within the convenience sector. With the formidable support of Mastercard, it now sets out to empower a broad spectrum of stakeholders, including distributors, wholesalers, and retailers, by providing essential funding crucial for sustaining and expanding their operations. The core of […]

The board of Skyway Aviation Handling Company (SAHCO) PLC has officially appointed Adenike Aboderin as the Managing Director/Chief Executive Officer, effective from February 1, 2024. Adenike Aboderin assumes this role following the completion of Basil Agboarumi’s tenure. She brings abundant financial and executive leadership experience from both private and public sectors. Her expertise encompasses strategy […]

Africa presents a puzzling paradox – a continent abundant in mineral resources yet grappling with profound poverty. The economic landscape of Africa is notably characterized by limited economic freedom, with no African country ranking among the top 20 in the 2023 Index of Economic Freedom by the Heritage Foundation/Wall Street Journal. Despite its economic challenges, […]

Almer, a startup specializing in augmented reality, has introduced its latest headset, Arc 2, and formed a strategic alliance with TeamViewer to broaden its reach and provide TeamViewer with a distinctive chance to support an unexplored industrial market. Renowned for its remote IT support, TeamViewer signals a shift towards augmented reality (AR) through this collaboration […]