Banking and Finance News & Reports Technology

Access Bank Commences Accelerator Program … To Empower Startups Throughs Africa Fintech Foundry (AFF)

The Africa FinTech Foundry (AFF), an initiative of Access Bank Plc has commenced its accelerator programs The initiative is set to empower emerging startups, with mentorship programs, advisory and has committed N10 million in cash to the top three finalists. The accelerator program which opened its entries last month, received 306 registrations and after rigorous …read more →

Banking and Finance News & Reports Technology

Africa Fintech Foundry to Boost Innovation and ‘Techpreneurs’ With 2021 ‘Accelerator’ Programme

Africa’s foremost innovation hub, the Africa Fintech Foundry (AFF), has opened up its registration portal for the 2021 Accelerator program. The initiative, which is being executed in partnership with Access Bank Plc, seeks to fast-track the growth of the best start-ups operating within the African technology ecosystem. The ‘Accelerator’ programme will fast track and assist …read more →

News & Reports Technology

Governor Sanwo-Olu of Lagos Unveils First Electric Car in Nigeria

The Governor of Lagos State Nigeria, Mr Babajide Sanwo-Olu has unveiled Nigeria’s first locally assembled electric car in Nigeria – Hyundai Kona at Ojo in Lagos State Speaking at the event, Governor Sanwo-Olu commended Stallion Group for believing in the Lagos and the Nigerian dream. Governor Sanwo-Olu said that with the unveiling of the car, …read more →

AFRICAReports Infrastructure Financing News & Reports Technology

African Development Bank to Fund Rwanda Coding Academy

The African Development Bank has signed a grant agreement with the Ministry of ICT and Innovation in Rwanda to support the Rwanda Coding Academy, set up to develop top technology talent to drive a booming, innovation-driven digital economy in the East African nation. The Rwanda Coding Academy was established as a proof-of-concept (PoC) model school …read more →

Banking and Finance News & Reports Technology

Ade Bajomo Becomes President of FinTechNGR Explains Technology and Innovation will Drive Nigeria’s Banking Sector Post-COVID

Access Bank’s Executive Director of Technology and Operations, Mr Ade Bajomo, has been appointed the new President of the FinTech Association of Nigeria (FintechNGR). This was first announced during FinTechNGR’s virtual Annual General Meeting held recently. Prior to his appointment as President, FinTech Association of Nigeria (FintechNGR), Ade Bajomo served as the Vice President of …read more →

Infrastructure News & Analysis Technology Telecom

Cloud Infrastructure Revenue Grows 33% This Quarter to Almost $33bn

The cloud infrastructure market kept growing at a brisk pace last quarter, as the pandemic continued to push more companies to the cloud with offices shut down in much of the world. The big three — Amazon,  Microsoft and Google — have all reported their numbers and, as expected, the news was good, with revenue growth of …read more →

Infrastructure Technology

IBM Unveils New Capabilities Across IT Infrastructure Portfolio

IBM has announced a strategic expansion of capabilities to provide clients with the flexibility to choose where to deploy workloads, from on-premises to the IBM public cloud, and drive forward their journey to the hybrid cloud. The new and enhanced solutions include containerized software across IBM IT Infrastructure via IBM Cloud Paks and advancements in data storage for containers. According …read more →

Infrastructure News & Reports Technology WORLDReport

Cloud Infrastructure Services Market Record $5 Billion Incremental Growth in Q2

New data from Synergy Research Group shows that Q2 spend on cloud infrastructure services passed the $30 billion milestone, an increase of $7.5 billion from the second quarter of 2019. This continues the trend of ever-larger increments in cloud spending. Q2 2019 spending grew $6.5 billion from Q2 2018, which in turn grew $5.5 billion …read more →

Banking and Finance News & Reports Technology Telecom

WorldRemit Launches Mobile App for Tracking Money Remittances

WorldRemit has launched The WorldRemit Transfer Tracker mobile App for recipients of money transfers which allows them to track their remittances. The WorldRemit Transfer Tracker App is now available through the Google app store in Nigeria, India, Mexico and Colombia. It will also be free to download through the app store in 90 countries in …read more →

News & Reports Technology WORLDReport

Arm Technology Powers World’s Fastest Supercomputer

The International Supercomputing Conference, ISC, has announced that Fugaku supercomputer, a system jointly developed by RIKEN and Fujitsu Limited, based on Arm technology, was awarded the number one spot of the TOP500 list. Having been crowned the world’s most efficient supercomputer on the Green500 list in November 2019, Fugaku was also given top honours on …read more →