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💰Visa invests in Moniepoint to accelerate financial inclusion for African SMEs
📱Xiaomi unveils Redmi Note 14 Series in Nigeria
🚲 Glovo Selects Nairobi as Hub for Real-Time Operations in 23 Markets
🇸🇸 South Sudan Will block all social media for 30 days due to rising violence
📱 Truecaller brings real-time caller ID to iOS users with latest update |
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| | | | | If you haven't subscribed, join over 7,000 people curious about Innovation, New Products, New Technologies in Africa. | |
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| | | | | 💰INVESTMENTS | Visa invests in Moniepoint to accelerate financial inclusion for African SMEs | | Nigerian fintech unicorn, Moniepoint, has recently received a strategic investment from Visa, the global payments giant. This development follows Moniepoint's successful $110 million Series C funding round just three months ago, which tripled its valuation and achieved unicorn status. This investment highlights the increasing interest in Moniepoint, recognized by many investors as a strong company with significant growth potential. | Visa's investment is expected to aid Moniepoint in expanding its services for African businesses. Established in 2015, Moniepoint provides banking and payment services to small and medium-sized enterprises (SMEs) and retail banking customers. It is a leading player in Nigeria's agent banking sector, with over 300,000 point-of-sale (POS) agents. In 2023 alone, Moniepoint handled an impressive 5.2 billion transactions.......…continue reading |
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| | | | | 📱SMARTPHONES | Xiaomi unveils Redmi Note 14 Series in Nigeria | | Approximately a year after introducing the Redmi Note 13, Xiaomi has raised the bar once more with the global debut of the Redmi Note 14 Series—a revolutionary lineup crafted to enhance the smartphone experience. The Nigerian launch event, took place in the vibrant city of Lagos, Nigeria yesterday. | Catering to a broad audience, the series offers flagship-level features across three distinct models: the Redmi Note 14 (8+256G) – N638,300, Redmi Note 14 (8+256G) – N407,300, and Redmi Note 14 (6+128G) – N253,300). Packed with advanced camera systems, robust durability, and seamless performance, the Redmi Note 14 Series promises an unbeatable combination of innovation and accessibility......…continue reading |
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| | | | | TRAININGS FROM TENTH CODE MEDIA | | Data is the lifeblood of modern organizations, driving decisions, strategies, and innovation. Come explore the fundamentals of data analytics, equipping you with the knowledge and tools to derive insights, solve problems, and support informed decision-making. | 👉🏽 Click here to register - (Starts 08 February 2025) |
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| | | | | 🚲 DELIVERY SERVICE | Glovo Selects Nairobi as Hub for Real-Time Operations in 23 Markets | | Glovo says it has chosen Nairobi, Kenya, as the location for its global real-time operations hub. This strategic decision underscores the growing importance of Africa in the global technology landscape and highlights Kenya's burgeoning tech ecosystem. | This move builds upon Glovo's existing presence in Kenya, where the company has successfully established a micro-fulfillment center, demonstrating its commitment to the Kenyan market. This existing infrastructure, combined with the company's observed success in Kenya, likely influenced their decision to further expand their operations within the country. | The Nairobi-based hub will serve as the nerve center for Glovo's operations across all 23 countries where it operates. It will house a team of over 160 agents working around the clock to ensure the seamless and efficient functioning of the platform......…continue reading |
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| | | | | ☁️ CLOUD TECHNOLOGY | South Sudan Will block all social media for 30 days due to rising violence | | South Sudan has taken a drastic measure to curb the spread of violent content on social media, announcing a 30-day block on all social media platforms starting from midnight on January 22, 2025. This decision comes amid rising violence and unrest in the region, particularly in neighbouring Sudan. | The National Communication Authority (NCA) issued a directive to internet service providers, citing concerns over public safety and mental health. The authority claims that graphic content circulating on social media platforms violates local laws and poses a significant threat to vulnerable groups, including women and children......…..continue reading |
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| Your daily AI dose | | Mindstream is your one-stop shop for all things AI. | How good are we? Well, we become only the second ever newsletter (after the Hustle) to be acquired by HubSpot. Our small team of writers works hard to put out the most enjoyable and informative newsletter on AI around. | It's completely free, and you'll get a bunch of free AI resources when you subscribe. | Click here to subscribe | | | | | 📽️ VIDEO STREAMING | Truecaller brings real-time caller ID to iOS users with latest update | | Popular caller ID app Truecaller has historically left iPhone users at a disadvantage by not offering real-time caller information—a feature long enjoyed by its Android users. This disparity has now been addressed as the company rolls out an update that introduces real-time caller ID support for its iOS subscribers. | The implementation of this feature was made possible by Apple's introduction of Live Caller ID Lookup in iOS 18. This new capability allows third-party caller ID apps to securely query their servers for caller information. This update marks the first major release from Truecaller since co-founders Alan Mamedi and Nami Zarringhalam stepped down from day-to-day operations in November 2024....…..continue reading |
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| | | | | 📱SOCIAL MEDIA | Google acquires part of HTC's extended reality business for $250 million | | Google has announced an agreement to acquire a portion of HTC's extended reality (XR) business for $250 million, marking a significant expansion of its efforts in the virtual and augmented reality hardware space. This move follows the recent launch of Google's Android XR platform. | The deal includes the transfer of some of HTC VIVE's engineering staff to Google, as well as the granting of non-exclusive intellectual property rights, according to the Taiwanese company. Despite the transfer, HTC will retain the rights to use and further develop the technology. This transaction represents the second major collaboration between Google and HTC, following Google's $1.1 billion acquisition of HTC's smartphone unit in 2017....…..continue reading |
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| | | | | OTHER STORIES | PalmPay Collaborates With Zone To Enter A New Era Of Safe And Transparent Financial Services…….read more Telkom Kenya Partners with Global Leaders to Test Open RAN for 4G & 5G Advancements………read more Microsoft Launches Global AI Tour in Johannesburg, Equipping 4 Million African Youths with AI Skills……read more
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| | | | | OPPORTUNITIES | Applications are now open for the Women Techsters Fellowship Programme, a free, one-year initiative designed to equip young girls and women with high-demand technology skills. Deadline = 31st January 2025……..continue reading The Lagos State Science Research and Innovation Council (LASRIC) calls on bold thinkers and trailblazers to apply for funding and support under its 2024 Innovation Initiative. Deadline = 31st January 2025…..continue reading Global payment card network Visa has announced the opening of applications for the fourth edition of its biannual Africa Fintech Accelerator. Deadline = 15th March 2025…….continue reading Applications are now open for the Timbuktoo MineTech Accelerator programme, a groundbreaking initiative by the Timbuktoo MineTech Hub aimed at driving innovation in mining technology, empowering startups, and scaling transformative technologies within the African mining sector. Deadline = 13th February 2025…..continue reading
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Innovation Village |
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