Nigeria risks remaining largely a consumer rather than a producer of technology unless it urgently increases investment in local talent, digital infrastructure, indigenous platforms and data-driven innovation, members of the Nigerian Economic Summit Group (NESG) have warned. The warning was at the centre of discussions during a pre-summit virtual dialogue organised by NESG in collaboration…
Cassava Technologies, Vodafone Business and Elsewedy Electric have signed an agreement to establish Africa Data Centres Egypt, a new data centre project that will include Egypt’s first sovereign AI data centre powered by Nvidia GPUs. The project will combine Cassava Technologies’ extensive experience in data centre development across Africa with Vodafone Business’ expertise in cloud…
Nigerian technology entrepreneur Onyeka Akumah has assumed leadership of a newly combined Canadian financial technology company following the merger of ByteX Financial and Cenne Financial Inc., marking another significant step in the growing global presence of Nigerian founders and technology executives. The merger combines ByteX’s existing cross-border payments infrastructure with Cenne’s AI-native technology and market…
Digital Parks Africa has announced plans to build a carrier-neutral data centre in Lagos, Nigeria, marking its first project outside South Africa. The company, however, has not disclosed the facility’s capacity, investment value, location, or construction timeline. Its only specific technical target is a certification it has not yet achieved at any of its existing…
The National Information Technology Development Agency (NITDA) has called for a unified regulatory approach across Africa to reduce administrative bottlenecks and create a more predictable environment for technology investments. The agency said governments should move away from fragmented regulatory systems that require technology companies to obtain approvals from multiple agencies, noting that such processes often…
Policymakers, industry chief executives, investors, development partners, financial institutions, leading innovators and thought leaders across the local and global technology ecosystem are set to explore and unlock opportunities within Nigeria’s technology and telecommunications ecosystem, with a strong focus on advancing sustainability at the Innovators Makers Challenge (IMC) Conference & Innovation Exhibition in Lagos. The IMC…
OPay has reaffirmed its commitment to the Nigerian market, saying it remains fully operational and focused on expanding financial inclusion through technology. The fintech company made the declaration at its Live Town Hall held in Lagos on September 2, which brought together OPay’s leadership, industry stakeholders, media representatives and partners. The event was organised to…
Nigeria risks losing its share of the growing global maritime trade if it fails to embrace disruptive technologies such as Artificial Intelligence (AI), blockchain, the Internet of Things (IoT), robotics and big data, while also increasing investment in port infrastructure, research and human capital. As international shipping continues to evolve through digitalisation, decarbonisation, automation and…
The Tech Girls Club has urged Nigerian schoolgirls to leverage technology and data to develop solutions to societal challenges as it opened the Ibadan edition of its AI/Data Science for Her Boot Camp on Monday. The Principal Investigator of the project, Dr Ronke Sakpere, gave the charge at the opening of the Ibadan boot camp….
In the United States, the push is for “drill, baby, drill,” while China’s national energy strategy is centred on “walking towards the light.” The two energy powers are therefore pursuing contrasting approaches to energy. For African countries deciding which direction to take, cost remains a major consideration. With China’s advances in solar generation and battery…