Author: Charissa Swanepoel
Lagos: TECHz Magazine – News Desk African fintech giant Flutterwave has officially announced the appointment of Morounke Olufemi as its new Global Chief Financial Officer. The leadership change marks a significant milestone as the payments unicorn enters its next phase of global expansion and deepens its push into digital assets. Olufemi succeeds Mitesh Popat, who is stepping down from his day-to-day responsibilities after two years to co-found Next Communications – a new enterprise focused on transforming telecom infrastructure into digital capabilities for modern brands. Popat will continue to serve Flutterwave as a strategic adviser. Olufemi’s elevation to the global role…
Monrovia: TECHz Magazine – News Desk The Government of Liberia, in partnership with US technology firm Cybastion and networking leader Cisco, has launched a nationwide initiative to establish five women’s technology and business innovation hubs. Formally announced as the Liberia Women’s Digital and Economic Empowerment Program, the agreement aims to bridge the digital divide by equipping Liberian women with essential technological skills, entrepreneurship training, and critical business development support. The agreement was officially signed by Liberia’s Minister of Gender, Children and Social Protection, Gbeme Horace Kollie, and Cybastion CEO Dr. Thierry Wandji Ketchiozo during the Corporate Council on Africa’s Trade…
Ebene: TECHz Magazine – News Desk In a significant move to accelerate digital transformation across the African continent, the U.S. International Development Finance Corporation (DFC) has announced its intention to join the Africa Finance Corporation (AFC) and Vision International Investment Company (Vision Invest) as a major investor in WIOCC Group. The strategic partnership was unveiled in New York following a roundtable hosted by the AFC on the sidelines of Unstoppable Africa’s Global Africa Business Initiative, which took place during the UN General Assembly. The DFC’s planned $155 million equity investment marks its largest-ever single equity investment and serves as a…
Dubai: TECHz Magazine – News Desk In a move to alleviate working-capital constraints for small and medium-sized enterprises (SMEs) in the United Arab Emirates, Network International has launched Network MAX. Unveiled in partnership with Mastercard, this pre-funded digital and physical card solution is designed exclusively for UAE-based sole proprietorships and single-owner LLCs to seamlessly blend payment acquisition with robust spend management. For many growing businesses, waiting for point-of-sale (POS) settlements to clear can disrupt daily operations and supplier payments. Network MAX targets this friction point by offering instant and daily settlement options. Through the My Network Business App, merchants can…
Kampala: TECHz Magazine – News Desk The Airtel Africa Foundation has unveiled 20 Ugandan undergraduate students as the inaugural recipients of its fully funded Tech Fellowship. Valued at approximately UGX 3.85 billion (over $1 million) over four years, the initiative covers tuition, accommodation, academic materials, and a stipend for bright students from financially constrained households pursuing degrees in Science, Technology, Engineering, and Mathematics (STEM). The program specifically targets fields essential to the digital economy, including Computer Science, Software Engineering, Data Science, Artificial Intelligence, and Cybersecurity. To ensure the fellows are adequately equipped for modern digital learning, the Airtel Africa Foundation…
Cairo: TECHz Magazine – News Desk The Egyptian National Telecommunication Institute (NTI), an affiliate of the Ministry of Communications and Information Technology (MCIT), has signed a cooperation protocol with international IT and automation firm 4DT.io to equip young professionals with practical skills in digital transformation. Signed by NTI Director Dr. Ahmed Khattab and 4DT.io Director Dr. Mahmoud Abdel-Rahman, the agreement establishes a comprehensive capacity-building framework focused heavily on practical applications of 4D digital twin technologies, predictive AI, and real-time enterprise automation. Moving beyond traditional classroom learning, the joint training program blends rigorous technical instruction with professional industry insights. Candidates will…
San Francisco: TECHz Magazine – News Desk San Francisco-based AI interactive content startup Flam has successfully raised $40 million in its Series B funding round. The round was led by QED Investors, with participation from new and existing backers including Claypond Capital, Australian Gulf Capital, Martin Chavez, Olivier Pomel, Venky Harinarayan, and the SRK Family Office (Shah Rukh Khan). Existing investors RTP Global and Dovetail also doubled down on their investments. Founded in 2021, Flam has built a platform designed to make interactive media as effortless to produce and deploy as standard video. The company plans to use the fresh…
Libreville: TECHz Magazine – News Desk Gabon has officially inaugurated its Electronic Document Management (GED) project in Libreville, marking a pivotal step in the digital transformation of its public services. The platform is designed to drastically reduce the government’s reliance on paper, improve the traceability of official correspondence, and accelerate administrative processing. Spearheaded by the Ministry of Digital Economy under Minister Marc-Alexandre Doumba, the initiative is a core component of the broader “Gabon Digital” program. The reform aligns with national directives to modernize an administration historically dependent on physical documentation. To ensure a smooth transition, the system is currently undergoing…
Abuja: TECHz Magazine – News Desk The National Information Technology Development Agency (NITDA) is taking decisive steps to ensure that Persons with Disabilities (PWDs) are not left behind in Nigeria’s rapidly expanding digital economy. In a recent collaboration with the Centre for Inclusive Development (CID), the agency has committed to creating stronger standards and fostering greater digital inclusion across both public and private sectors. Representing NITDA’s Director General, Dr. Ayodeji Eniola emphasized that genuine digital transformation must accommodate every citizen, regardless of their physical abilities. Recent research presented by disability rights advocate Tracy Onabis Agbamu highlighted a significant digital divide.…
Arlington: TECHz Magazine – News Desk Senegalese President Bassirou Diomaye Faye has secured a $300 million commitment from U.S.-based technology and cybersecurity firm Cybastion to accelerate Senegal’s digital transformation. Announced during President Faye’s strategic engagements with American business leaders in Washington, D.C., the landmark agreement targets critical infrastructure and capability enhancements across Senegal’s technology sector. The targeted mobilization will fund the development of state-of-the-art data centers to modernize digital public services and deploy robust cybersecurity frameworks to fight cybercrime and protect personal data. The partnership also prioritizes capacity building and technology transfer to strengthen national digital skills, fortify Senegal’s technological…