Africa's Data Centre Demand to Surge 5x by 2030, Needs $20B
Africa's data centre demand could surge fivefold by 2030, requiring $20 billion in investment, according to a new report from Xalam Analytics.
Category : Technology
Dollar Strength Cycle: What It Means for Traders
The dollar strength cycle is entering a new phase, with the greenback expected to remain firm against major currencies. Traders should brace for volatility as the Fed's monetary policy and global economic conditions shape the cycle. According to analysts,
Meta, FG Launch AI Academy With $5,000 Funding for Startups
Meta and the Federal Government have launched an AI academy to train 5,000 Nigerian youths, with selected startups receiving $5,000 each in funding.
Airtel, Starlink Launch Africa's First Satellite-to-Phone Service
Airtel Africa and Starlink launched the first commercial satellite-to-phone service in Africa on August 14, 2026, in the DRC, enabling compatible smartphones to connect directly to satellites without a dish, initially offering SMS and light-data apps.
Stablecoins Could Reshape Africa's Cross-Border Payments
Stablecoins could transform Africa's cross-border payments, but integration with local systems is crucial, says a new report.
NIRA Cuts .ng Domain Costs, Tightens Brand Protection
NIRA announces plans to reduce .ng domain registration fees and implement stricter measures to protect Nigerian brands from cyber-squatting and abuse.
MTN Launches One TV Streaming Platform to Rival Netflix
MTN launches One TV, a flexible streaming platform rivaling Netflix in Africa, as MultiChoice cuts seven DStv Premium channels amid shifting viewer habits.
Airtel, Starlink Launch Satellite-to-Phone Service in DRC
Airtel and Starlink have launched satellite-to-phone service in the DRC, marking the first such deployment in Africa, aiming to bridge connectivity gaps in remote areas.
AI Cyberattacks Surge 56%, Cost $6.04M Per Breach – IBM
AI-driven cyberattacks surged 56% in 2025, with average breach costs hitting $6.04 million, according to IBM's latest report.
UAE Lists 8 Categories for Foreigners' Visit Visa in 2026
The UAE has published eight legal categories for visit visas, including tourism, business, and medical treatment, with ICA Chairman discretion for other purposes.
SEC Admits 3 More Crypto Firms, ARIP Participants Now 14
Nigeria's SEC admits three additional crypto firms into its Accelerated Regulatory Incubation Programme (ARIP), bringing total participants to 14, as it intensifies oversight of the digital asset sector.
Top 10 Nigerian Cities Powering Startup Boom in 2026
Lagos, Abuja, and eight other cities are fueling Nigeria's startup boom in 2026, attracting investments and fostering innovation across sectors.
PwC Flags Tax Traps in Nigeria's Virtual Assets Guidelines
PwC warns that Nigeria's new virtual assets guidelines create tax traps for investors, including VAT on digital assets and unclear capital gains treatment, urging clarity.
Anthropic Revenue Surges 1360% to $11.5 Billion, IPO Looms
Anthropic's annualized revenue hit $11.5 billion, up 1360% from $790 million, fueled by enterprise AI adoption, positioning the company for a potential IPO by 2027.
France Court Blocks Social Media Ban for Under-15s
France's top court struck down a bill banning under-15s from social media, citing disproportionate limits on freedom of expression and privacy concerns.
YouTube Doubles Watch Hours and Shorts Views Requirements
YouTube raises Partner Programme entry requirements from February 1, 2027, doubling watch hours to 8,000 and Shorts views to 20 million, affecting Nigerian creators.
Trove 3.0: Margin Investing, IPO Access, 24/5 Trading
Trove Finance launches Trove 3.0 with margin investing (up to 4x), US IPO access, 24/5 trading, and day trading for Nigerian investors.
Canada Tightens Work Permit Rules for Nigerians, Other Foreigners
Canada clarifies that a visitor visa or eTA does not grant work rights. Foreign nationals must obtain a valid work permit before starting employment.
Theparkpay Opens Cross-Border Rails to Global Market
Theparkpay Technologies Limited launches cross-border payment rails, enabling global money transfers and enhancing financial inclusion for Nigerians.
OPay Swings to Profit in FY2025 as Revenue Surges 161%
OPay achieved profitability in FY2025, with revenue surging 161% to $536.3 million, driven by transaction volume growth and cost optimization, according to its parent company.
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Cardtonic Upskill 4.0: Win M5 MacBook or ₦250,000 Scholarship
Cardtonic Upskill 4.0 offers 25 M5 MacBooks and 20 fully funded tech scholarships with ₦250,000 cash to Nigerians and Ghanaians under 30. Apply by August 28, 2026.
25 Years of Connectivity: Tech That Changed Nigerian Business
Over 25 years, internet connectivity transformed Nigerian business, from dial-up to 5G, enabling e-commerce, fintech, and remote work, reshaping the economy.
Opay Transactions Double to $3.58 Billion Ahead of IPO
Opay's transaction value surged 105% to $3.58 billion in 2025, as the fintech prepares for an IPO, according to its audited financial report.
US Publishes Arrest Guidelines for Nigerians, Foreign Nationals
The US State Department has issued guidelines for law enforcement on handling arrests of foreign nationals, including Nigerians, detailing steps for consular notification and documentation.
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Spotify to Label AI-Generated Artists with 'AI Persona' Badge
Spotify will introduce an 'AI Persona' badge starting mid-September to identify AI-generated artist identities, excluding them from recommendations by default to prioritize human creators.
NITDA Signs MoUs with Fireflies AI, Goose FL for Digital Growth
NITDA signs MoUs with Fireflies AI and Goose FL to expand Nigeria's digital footprint, enhance AI skills, and create jobs, according to DG Kashifu Inuwa.
7 African Phone Brands You May Not Know and Their Origins
Discover 7 African phone brands from Nigeria, Egypt, South Africa, Rwanda, Ghana, and more, and understand what 'Made in Africa' really means.
Lagos Leads African Startup Cities, Cape Town Surges
Lagos retains top spot in African startup cities for 2026, while Cape Town surges to second, according to a new report. Nigeria's commercial hub attracts record funding.
Spotify to Label AI-Generated Artists with New Profile Labels
Spotify will now label AI-generated artists on profiles, identifying content created by artificial intelligence. The new labels aim to increase transparency for listeners.
Claude Adds Invisible Watermarks to AI Text
Anthropic's Claude now embeds invisible watermarks in AI-generated text to detect and trace content, aiming to curb misuse and enhance transparency.
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