Acceldata Raises $10 Million in Series C Extension, Bringing Total Funding to Over $100 Million
Data observability startup Acceldata has secured an additional $10 million in an extension to its Series C round, bringing its…
Category: Technology
Cybersecurity Startup Gutsy Emerges from Stealth with $51 Million Seed Round
Gutsy, a cybersecurity startup founded by the team behind Twistlock, has emerged from stealth with a $51 million seed round…
Contract Management Startup Harbour Raises $15 Million in Series A Funding Round
Contract management startup Harbour has raised $15 million in a Series A funding round, bringing its total raised to $20…
Pair Eyewear Raises $75 Million in Series C Funding to Expand Automated Manufacturing and Global Presence
Direct-to-consumer customizable eyewear brand, Pair Eyewear, has secured $75 million in a Series C funding round. The company plans to…
EEOC Files Lawsuit Against Tesla Alleging Widespread Racial Harassment
The U.S. Equal Employment Opportunity Commission (EEOC) has filed a lawsuit against Tesla, accusing the automaker of violating federal law…
Amazon Invests Up to $4 Billion in AI Startup Anthropic to Fuel AI Advancements
Amazon is set to invest up to $4 billion in Anthropic, an AI startup aiming to develop a “frontier model”…
Google Faces Lawsuit Over Alleged Failure to Update Maps Leading to Tragic Accident
The family of Philip Paxson, a US man who tragically lost his life after driving off a collapsed bridge, is…
Google Introduces BigQuery Studio for Data Analytics
Google has unveiled a new service called BigQuery Studio, designed to address the challenges of executing big data analytics. BigQuery…
Plural Launches AI-Powered Policy Tracking Platform in South Africa
Plural, an AI-powered policy tracking platform, has expanded its services into Africa, starting with South Africa and Nigeria. The platform…
Cape Town’s VC Powerhouse HAVAÍC Deepens Investment in RapidDeploy’s Game-Changing Public Safety Tech
Venture capital juggernaut HAVAÍC, headquartered in Cape Town, is making waves again. Fresh off their participation in a bridge round…
AIIM and N+ONE Partner to Drive Pan-African Data Center and Cloud Services Platform
African Infrastructure Investment Managers (AIIM) and N+ONE DATACENTERS are collaborating to establish a groundbreaking Pan-African data center and cloud services…
Nvidia’s Explosive Q2 Earnings: A Whirlwind Ride in the Generative AI Gold Rush!
Step into the world of generative AI as Nvidia’s Q2 earnings soar beyond expectations, unveiling a gold mine in the…
Chaos Unleashed: Shocking Revelation of an International Cyber-Crime Gang’s Rampage! Are Tech Titans Under Siege?
A court verdict exposes an 18-year-old from Oxford as a vital cog in a global cyber-crime syndicate responsible for a…
Founders Factory Africa Raises $114 Million to Scale Its Impact in African Tech Ecosystem
Founders Factory Africa (FFA), a South African early-stage accelerator and investor, has secured $114 million in funding from partners including…
African Mobility Fintech Moove Raises $76 Million to Expand Vehicle Financing Services
Nigerian mobility fintech company Moove has secured $76 million in funding to expand its vehicle financing services. The investment includes…
Ransomware Attacks Increase by 7% in Nigeria in H1 2023, Kaspersky Reports
Kaspersky reports a 7% year-on-year increase in ransomware attacks in Nigeria during the first half of 2023. Ransomware remains a…
Global Survey Reveals Limited Support and Understanding for Central Bank Digital Currencies (CBDCs)
A survey by the CFA Institute, a global association for finance professionals, indicates that only 42% of respondents believe central…
Kaspersky claims Nigeria has the second-highest number of cyberattacks in Africa.
According to a Kaspersky research, Nigeria experiences the second-highest number of cyberattacks in Africa. Only Kenya, which was rated 35th…
Sanwo-Olu Unveils Lagos’ First Set of Electric Buses.
Governor Sanwo-olu has announced the delivery of the first electric buses for Lagos State’s mass transit system. The governor said…
Ogun State is Planning to Utilize Gas-powered Mass Transit Vehicles.
The Ogun State Government has announced that it will use mass transit buses that are powered by compressed natural gas…
FG Laments that Only 30% of Women in Technology Industries.
The federal government has voiced its displeasure over the low representation of women in innovation and technology, bemoaning the fact…
A Manufacturer of Solar Vehicles is Opening a Factory in Nigeria.
En1 Technologies has made plans to start making solar-powered automobiles in Nigeria and other African nations. This choice, according to…
The New Twitter Verification Makes it Hard to Distinguish between Legacy and Paid Verified Accounts.
On April 1, Twitter was intended to formally delete old verification checkmarks. The label now says, “This account is verified…
NITDA Advises SMEs to Use Digital Technologies.
According to the National Information Technology Development Agency, if entrepreneurs running Micro, Small, and Medium-Sized Businesses want to thrive in…
Nigerian credit-led Fintech FairMoney Acquires PayForce in Retail-merchant Banking Play
FairMoney, a Nigerian credit-driven digital banking platform, has acquired PayForce, a small business-focused merchant payment service, as it seeks to…
Airtel Launches First eSIM Card Services in Tanzania
The eSIM (embedded SIM), a digital SIM that gives users access to the same functionality as physical SIMs sold in…
MTN To Merge Two Financing Companies.
Momo Payment Service Bank Limited and Yello Digital Financial Services Limited, two finance subsidiaries of telecommunications company MTN Nigeria, have…
NCC, Stakeholders Hold Talks on Data Depletion
The Nigerian Communication Commission announced intentions to implement measures on Thursday in order to prevent data depletion and guarantee that…
MTN to Merge Two Finance Subsidiaries
Momo Payment Service Bank Limited and Yello Digital Financial Services Limited, two finance subsidiaries of telecommunications company MTN Nigeria, have…
Meta To Cut 10,000 Jobs In A Second Wave Of Layoffs
The parent company of Facebook, Meta Platforms Inc has slashed 10,000 additional workers, becoming the first major internet corporation to…