Tech
ICT Sectors

Huawei to Launch Data Centre in Nigeria to Boost Compliance with Data Protection Regulations

Huawei Technologies, a global leader in information and communication technology (ICT) infrastructure, is preparing to establish a data centre in Nigeria, marking a significant move to comply with the country’s data storage regulations. The new facility, referred to as a “cloud site,” is expected to go live on October 31, 2024, and will provide data […]

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Business Technology

5 AFRICAN GIANTS MAKING AFRICA THE NEXT BIG HUB FOR DIGITAL TRANSFORMATION

But it’s important to understand that Africa’s digital transformation isn’t just a tech story; it’s a human story. Think about how fintech has already changed the lives of millions, giving people access to financial services they’ve never had before. Or consider how telemedicine is bridging health care gaps in remote areas. These are not abstract […]

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AI Technology

UNESCO, Zindi, and AWS Launch AI for Equity Challenge to Combat Gender and Health Inequities Exacerbated by Climate Crisis

The International Research Centre on Artificial Intelligence (IRCAI), under the auspices of UNESCO, has teamed up with data science platform Zindi and Amazon Web Services (AWS) to launch the AI for Equity Challenge: Climate Action, Gender, & Health. This six-month global virtual contest is designed to support researchers, non-profits, and startups in developing AI solutions […]

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AgriTech Technology

AgricTech Revolution: Is this the catalyst for Africa’s Sustainable Agricultural Growth?

“More than 60% of Africa’s working population is engaged in agriculture, and the soil across most of the continent is rich and fertile.” – African Development Bank. Africa is often seen as the next big player in global agriculture, and for a good reason—65% of the world’s uncultivated arable land lies within its borders, according […]

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EdTech Funding

Egypt’s EdTech Sector Gains Global Attention with Farid’s Expansion and $250,000 Pre-Seed Funding

Egypt’s EdTech industry has experienced significant growth in recent years, becoming a key player in the broader African and Middle Eastern education landscape. As the demand for innovative educational solutions rises, Egyptian startups like Farid are seizing opportunities to lead the charge. In an impressive move, Farid, an Egyptian EdTech startup founded by Mahmoud Hussein […]

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Africapitalism Tech

Why Africa is Becoming a Hotspot for Tech Innovation

Africa’s technological scene has evolved dramatically, transforming the continent into a burgeoning hub for innovation. From mobile payment solutions to cutting-edge agritech, African entrepreneurs are leveraging technology to tackle some of the continent’s pressing challenges, while positioning the region as a focal point for global tech investment. But what factors are driving this surge in […]

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Innovation Technology

Vertiv Leads Innovation at Connected Africa Summit as Rohan Patil Receives Recognition for Shaping Africa’s Digital Future

Rohan Patil, the regional manager for East Africa at Vertiv (NYSE: VRT), a global provider of critical digital infrastructure solutions, was personally recognized at the Connected Africa Summit held in Nairobi, Kenya. Patil’s involvement in a high-level panel discussion and his contributions towards shaping Africa’s digital transformation earned him special acknowledgement during the event. The […]

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Exclusive Fintech

Exclusive: Top Fintech Leader in Zambia, PremierCredit, Unveils Bold Expansion and Rebrands as eShandi Across Africa

In a significant development within the African fintech space, PremierCredit, the pioneering financial services provider, has announced its expansion into four new markets and an exciting rebrand to eShandi. This exclusive news shared with Business Verge, marks a transformative moment for the company as it continues to revolutionise the way financial services are delivered across […]

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Market Tech

Regfyl Raises $1.1 Million to Expand Team, Build New Compliance Product

Regfyl, a Nigerian startup specialising in fraud detection and digital identity verification, has secured $1.1 million in pre-seed funding. With this new capital, the company plans to expand its sales, engineering, and customer support teams, while also developing a new compliance product aimed at supply chain management. Founded by Tunde Ibidapo-Obe and Tomiwa Erinosho in […]

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Banking Finance

CBN Appoints Full Board to Lead Polaris Bank into a New Era of Growth

The Central Bank of Nigeria (CBN) has appointed a full Board of Directors for Polaris Bank Limited, marking a significant milestone in the bank’s growth trajectory. This development highlights the remarkable achievements of the new management and sets the stage for Polaris Bank’s future as a leading digital financial institution in Nigeria. The 10-member board […]

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