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Qualcomm Announces Shortlisted Startups For Make In Africa 2024 Program

Qualcomm has announced the shortlisted startups for its Make in Africa 2024 program. The equity-free mentorship program identifies promising early-stage startups keen on applying advanced connectivity and processing technologies to innovative end-to-end systems solutions, including hardware. These technologies include 5G,…

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Leatherback Partners With MCB Bank For Pakistan Rupees Remittances and Payouts

Leatherback, a global banking service provider for individuals and businesses, has partnered with MCB Bank, Pakistan's largest commercial bank, to power more business and lifestyle opportunities in Pakistan and the wider South Asia region by enabling easier Pakistani Rupee (PKR)…

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Bank Of Uganda Orders ID Verification Of Digital Transactions Above $260

The Bank Of Uganda (BoU) has issued a directive for the ID verification of all digital transactions that are above one million Uganda shillings ($260). All users who send at the limit or above will be required to present a…

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Nigeria Planning To Set Up $10 Billion Diaspora Fund To Attract Investment

According to Bloomberg, Nigeria is planning to set up a $10 billion diaspora fund to attract investment from its citizens living abroad to support critical sectors including infrastructure, health care, and education to grow the economy. Details Nigeria's Ministry of…

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Ghana National Communications Authority Approves Starlink’s Application For Broadband Service

NCA Tower, Airport City, Accra, 25th April, 2024 - The National Communications Authority (NCA) has approved the application of Space X Starlink GH LTD, operators of Starlink Satellite Broadband, to offer Satellite Broadband Services in Ghana. Details: The approval of…

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Nigeria Telecoms Market Share (By Generation) – 2024

According to data from Nigeria's Communication Commission, 5G penetration as of March 2024 is at 1.24%. 4G penetration is currently at 9.04% but 2G remains the most used generation at 56.97%

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Ghana’s SSNIT Reserves Projected To Be Depleted By 2036 – ILO Report

The International Labour Organisation (ILO) is projecting that Ghana's Social Security and National Insurance Trust (SSNIT) reserves will be depleted by 2036. Details This was revealed in an actuarial valuation study of the Social Security and National Insurance Trusts (SSNIT)…

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Uber and Lagos State Government Reach Agreement On Real Time Data Sharing

Lagos, April 25, 2024 - Ride-hailing company Uber and the Lagos State government reportedly reached an agreement to share real-time trip details with the government. Details In March 2024, it was reported that Uber was resisting the demand of the…

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