Month: January 2024
Vodafone, Microsoft sign $1.5bn AI deal
Telecommunications giant Vodafone on Tuesday signed a $1.5bn deal with Microsoft to catalyze the adoption of artificial intelligence and cloud services across Africa. According to a statement, Vodafone will commit to a…
Female startup founders remain underfunded, says report
Female startup founders remained underfunded in 2023, Africa: The Big Deal has disclosed. The data insight firm that tracks startup deals above $100k+ on the continent revealed in its breakdown into African Startup Funding…
Firm boosts 5G adoption with phone launch
In a bid to boost 5G network adoption in the country, OPPO launched a new 5G phone. The firm’s Reno 11 is set to boost 5G phone options for users. In a statement, the firm’s marketing manager, Folashade Omonijo, said, “Reno…
Computer sales fell by 13.9 % in 2023 — IDC
The global shipments of traditional personal computers fell by 13.9 per cent year-on-year in 2023, preliminary results from the International Data Corporation Worldwide Quarterly Personal Computing Device Tracker have…
Firm plans event for 20,000 tech leaders
Omniverse has announced plans to host a summit for tech leaders and enthusiasts in Lagos. According to a statement, Omniverse is a platform co-created with the Innovation Support Network. The organisers of the summit stated…
AppsFlyer launches AI solution for marketing campaigns
AppsFlyer, a marketing measurement and data analytics firm, has announced the launch of Creative Optimisation, an artificial intelligence solution for marketing campaigns. The firm said in a statement that the new product…
Allocation to ICT ministry falls to N28.54bn
The budget allocation to the Ministry of Communications, Innovation and Digital Economy fell for the second year in a row, despite its significant contributions to the country’s Gross Domestic Product. According to the…
US firm to make slower chips
U.S. chipmaking giant, Nvidia, is set to launch an adjusted version of a gaming processor with slower performance in China to comply with U.S. export restrictions. According to CNBC, the new Nvidia RTX 4090D, which a…
Defence startup raises fresh $300m
DefenCe tech startup, Shield AI, has expanded its latest funding round with another $300m in equity and debt, bringing its total Series F to $500m, TechCrunch has reported. According to TechCrunch, this total amount reflects…
5G coverage in Nigeria, others at 6% – ITU
5G coverage in Nigeria and other African countries remains the lowest in the world at six per cent, the International Telecommunications Union has disclosed. According to the ITU in its ‘Mobile Network Coverage Facts and…
