Africa’s fragmented gaming industry needs to pull itself together, but it’s still ‘the next big thing’

The African gaming industry is still extremely fragmented, being made up of a handful of small studios, but is nonetheless ‘the next big thing’, given in part the continent’s relatively young population. Data released last year by Newzoo, the leading provider of gaming market data and insights, and gaming startup Carry1st showed that sub-Saharan Africa … Read more

Huawei business and economic growth depends on 5G technology | The Guardian Nigeria News

Huawei Tech Nigeria Managing Director Chris Lu has identified numerous ways that fifth-generation networking technology can help accelerate development and improve efficiencies in various sectors of Nigeria’s economy. Lu made the announcement during his presentation titled “5G Opportunities in Nigeria” at the just-concluded Zenith Tech Fair at Eko Hotel and Suites, Lagos. He noted that … Read more

ConTech innovation program to promote construction startups across Egypt

MENA-focused seed and early-stage venture capital firm Flat6Labs has launched Makers, a construction technology innovation program aimed at driving innovation in the construction industry by connecting and collaborating with diverse stakeholders with deep expertise. Established in partnership with SIAC, a leading regional private construction company, and Dar-Al-Handasah (Dar), an international engineering consultancy, the Makers ConTech … Read more

Submarine cable sector booms as operators plan $10 billion in new investments through 2024 | The Guardian Nigeria News

15 minutes ago The international submarine cable sector is booming with over 450 submarine cables carrying approximately 95 percent of all international telecom service traffic, along with the ever-growing data traffic generated by the hyperscale cloud companies… 17 minutes ago The Ekiti state government yesterday assured traditional rulers adequate security for all residents before, during … Read more

Corporate partners unveil ‘small’ digital wallet for kids – Technology – The Guardian Nigeria News – Nigeria and World News

To provide financial education to children and prepare the next generation of young Nigerians to take active control of their finances, Schoolable, a fintech company, in partnership with Parkway, a financial technology provider, has officially launched Little, a digital wallet. Little is a solution that allows parents to seamlessly give their kids pocket money, with … Read more

“Why the cybercrime threat may not be easing soon” – Technology – The Guardian Nigeria News – Nigeria and World News

Toluwanimi Banji-Idowu is a cybersecurity engineer, SDG 4 and 9 supporter, and associate systems engineer at Trend Micro, a technology company. In this interview with ADEYEMI ADEPETUN, he talked, among other things, about what is driving the rise in cybercrime and the potential threat to the Nigerian economy. There has been an increase in cyber … Read more

Implementation of the Nigeria Startup Act | The Guardian Nigeria News

The startup ecosystem has received a game-changing boost with the passage of the Nigeria Startup Act. This decree places Nigeria in the class of countries that have “seen the light” and are focused on creating an enabling environment for start-ups to thrive sustainably. Nigeria now joins other countries such as Italy, Tunisia and Senegal which … Read more

‘Going green is the future of data centers in Africa’ | The Guardian Nigeria News

Jasper Lankhorst, Group Chief Executive Officer of Tier III carrier and cloud neutral data center in West Africa, Rack Centre, has reaffirmed the company’s commitment to the green economy, even as it pledged to continuously increase its commitment to sustainability in its operations strengthen. Lankhorst announced this at the recently concluded AfricaCom/Africa Tech Festival 2022 … Read more

Multigate becomes Swift Business Application Provider | The Guardian Nigeria News

A licensed financial services platform, Multigate, has announced its qualification as SWIFTLite2 for Business Application Providers. This SWIFT certification validates Multigate’s business application and provides its customers with connectivity to thousands of financial institutions worldwide using the SWIFT network. As a certified SWIFT Lite 2 Business Application Provider, Multigate strives to serve the treasury/cash management … Read more

Meet the Investor: Ryan Bloomer, K50 Ventures

New York-based VC firm K50 Ventures has been building a community in Africa for more than a decade, even before it had a fund, with community leaders in Nigeria, Kenya, South Africa and Ghana. K50 Ventures bills itself as a first-check investor for mission-driven founders who are “building a better future for the 99 percent.” … Read more