Huawei Technologies Co unveiled its much-anticipated Mate 50 series smartphones on Tuesday that support satellite communication, becoming the first smartphone maker to roll out such a feature in the consumer market. The gadgets, supported by China’s Beidou Satellite Navigation System, have an emergency mode that works independently of battery power and allows users to send …read more →
Technology
Nigeria’s Fintech Firm Flutterwave Raises $250 Mn Fresh Capital
Africa-focused fintech firm Flutterwave said on Wednesday it had raised $250 million in its single-biggest funding round to date, valuing the startup at more than $3 billion, as it targets mergers and acquisitions, and growing existing customer base. The latest funding round was led by investors including Facebook Inc co-founder Eduardo Saverin’s venture capital firm …read more →
Green Hydrogen: The New Energy Frontier in Africa
The 2015 Paris Climate Agreement, which seeks to limit global increase in temperatures to less than 2°C this century, was signed by 195 countries, 33 of which are African. To achieve this ambitious target, significant carbon emission reductions and energy efficient systems are required. As part of the agreement, countries have set out a range …read more →
FG Set to Assist ACEN in Infrastructure Development
The Minister of Science and Technology, Dr Ogbonnaya Onu, has said that FMSTI will work very closely with the Association of Consultant Engineers of Nigeria (ACEN) in areas of infrastructure and development for easy passage of goods and services in the country. Onu stated this when the Association for Consulting Engineering of Nigeria (ACEN) paid …read more →
Northrop Grumman Offers Navy a Missile Defense System with Infinite Ammo
The Surface Electronic Warfare Improvement Program, “SEWIP” is a bland-sounding acronym for a U.S. Navy system that doesn’t often register on defense investors’ radar. But overlooking it could be a mistake. Over the past decade, Lockheed Martin has quietly built up a tidy franchise selling SEWIP Block 2 systems to the Navy for early detection of missile threats to U.S. warships. …read more →
With National Policy on 5G, ABSA Sees Opportunity for Economic Growth in Nigeria
Given the success recorded last December in the auction of the two slots in the 3.5GHz spectrum, in preparation for 5G technology rollout in Nigeria, coupled with the commitment of the federal government on 5G rollout this month, Absa, a leading pan-African Corporate and Investment Bank has said it is fully aligned with government’s aspiration …read more →
‘Africa Needs Smarter Investment in Digital Infrastructure’
Infrastructure is widely accepted as a fundamental limitation to growth in Africa. Governments in the region struggle to meet the basic needs of residents, including access to food, education, health, and livelihoods, much less invest in critical, reusable infrastructure that could provide long-term solutions to social problems. Philanthropy alone will not lead to the sustainable …read more →
Technical Glitches Hit Nigerian Identity Database, Disrupt Access to NIN Verification
Nigeria identity database suffered a glitch, which has disrupted transactions across the board nationwide with thousands of telecommunication subscribers seeking to retrieve their lost Subscriber Identity Module cards or acquire new lines temporarily have been left stranded. Also, people who want to renew their international passports, or obtain fresh one have been unable to do …read more →
Apple Plans Low-cost 5G iphone, ipad Launch in March
Apple is planning to launch new products as soon as March 8, a move seen as the company’s attempt at reaching out to the low-cost market, a Bloomberg report showed. According to the agency, Apple is preparing to announce a new low-cost 5G iPhone and iPad at the event and potentially a new Mac. The …read more →
Underdeveloped Broadband Infrastructure Hampering Nigeria’s Digital Economy – W’Bank
The World Bank says Nigeria’s digital economy plan is being continually hampered by an underdeveloped fixed broadband infrastructure. The global bank disclosed this in its ‘Nigeria Development Update: Time for Business Unusual’ report. According to the bank, Nigeria’s digital economy can transform economic activities and improve government efficiency. The World Bank said, “Nigeria’s digital economy can …read more →