EMTECH, a Fintech for Central Banks, and Global InfoSwift (GIC), have announced a new Nigeria-based partnership to deliver capacity building in three core and interrelated areas. The areas are Central Bank Digital Currency (CBDC), Regulatory Sandbox Framework, and API & Open Banking. This partnership will enable Nigerian regulators, banks and local Fintechs to accelerate the transformative changes seen in the evolving financial services regulatory environment. African central banks are moving forward with their innovation and digitization efforts across the continent, and with change, there is a need for collaboration and regulatory frameworks to enable successful outcomes that will impact more…
Author: DigitalTimesNG
Tech talent company, Andela, has announced that its developer learning community, Andela Learning Community (ALC) has now surpassed 100,000 learners. Andela’s Learning Community (ALC) was launched in 2017 in partnership with Google to identify and certify Android developers through Google’s Udacity course. Other previous partners for the program include previous Pluralsight, Facebook, Salesforce, and Microsoft, among others. Available for engineers at all stages of their careers, the ALC offers access to in-demand technology courses from learning partners as well as connects engineers to employment opportunities through its job network initiative. “Since our launch, building and developing talent at every level…
Sophos has just published the “State of Ransomware in Retail,” which looks at the extent and impact of ransomware attacks on mid-sized retail organizations worldwide during 2020. The publication shows how retail organisations became a prime target for ransomware during the COVID-19 pandemic when many retailers started trading online for the first time simply in order to survive, while others saw a huge increase in their web traffic and online transactions. The survey findings reveal that retail organisations were particularly vulnerable to a small but growing new trend: extortion-only attacks, where the ransomware operators don’t encrypt files but threaten to…
The Executive Vice-Chairman/Chief Executive Officer of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has identified major benefits in promoting digital literacy in the country. Danbatta who was delivering the first Annual Lecture of the Bichi Emirate titled, “Digital Literacy as a Veritable Tool for Social and Economic Transformation” in Bichi, Kano State, challenged actors in both public over the weekend and private sectors to key into the programme. Digital literacy he noted provides the confidence required by individual citizens to utilise digital content and tools, adding that it also helps citizens to effectively collaborate in creating digital content…
The Federal Ministry of Communications and Digital Economy and its parastatals have generated a total of One trillion, fifty-four billion naira (N1.54trn) as revenue for the Federal Government through the implementation of various policies, initiatives and interventions. The Honorable Minister in charge of the ministry, Dr. Isa Ali Ibrahim Pantami made this disclosure on Friday during the virtual commissioning of the 12th batch of the Digital Economy Projects for a Digital Nigeria at the Digital Economy Complex, Mbora, Abuja. The 12th batch of the digital economy projects which were virtually commissioned by Dr Pantami includes; the e-Accessibility Centre in Bauchi…
The Board of the Nigerian Communications Commission (NCC) Friday paid an official condolence visit to the family of late Ahmed Joda, former Board Chairman of the Commission, in his country home in Yola, Adamawa State. Alhaji Ahmed Joda passed on Friday, August 13, 2021, at the age of 91. The delegation, which was led by the Chairman of NCC Board, Prof. Adeolu Akande included the Executive Vice Chairman (EVC) of the Commission, Prof. Umar Garba Danbatta; the Executive Commissioner, Technical Services, Engr. Ubale Maska; and Executive Commissioner, Stakeholder Management, Barrister Adeleke Adewolu. Also on the visit were other Board Commissioners,…
The african|markets team has announced the launch of the public version of the Research Hub (hub.african-markets.com), an Africa-focused research distribution platform that connects investors to some of the best equity analysts covering Africa’s frontier markets. Built for analysts, investors, academicians, and corporate insiders, the intuitive platform gives access to company, market, and sector reports, as well as stock recommendations from brokers across the continent. The carefully selected research helps readers better understand Africa’s business environment, identify, and assess investment targets. The Research Hub has more than 200 reports from 20 partner brokers in Botswana, Egypt, Ghana, Ivory Coast, Kenya, Morocco,…
Invest Africa, the trade and investment platform for African markets has launched a new programme of support for over 500 African MSMEs. The Next Generation Africa Forum will take place virtually on 16th September using a digital platform to connect MSMEs across the Continent with practical support from leading banks, VCs, multi-national tech companies and incubators, including Google, KPMG, DHL, Aon and 4G Capital. MSMEs form the backbone of Africa’s economies and are the engine of the region’s job creation drive, accounting for 70 per cent of employment. With a high proportion of informal enterprises, many of Africa’s MSMEs, which…
Airtel Africa Group CEO-designate, Segun Ogunsanya, has been named the African Business Leader of the Year in the 2021 African Business Leadership Awards (ABLA). The awards are organized by African Leadership Magazine, a flagship, pan-African, leadership-focused publication. Ogunsanya topped the category ahead of the runner-up, Standard Bank Group CEO, Simphiwe Tshabalala. According to the organisers, Ogunsanya, who also won the Africa Industry Personality of the Year in 2020, was selected in a keenly contested three-step points-based process that included a call for nomination, online voting for shortlisted nominees, and the editorial board’s final review of nominations and voting submissions. Online…
Konga, Nigeria’s leading composite e-Commerce giant, is set to pioneer another first with the launch of the first Cloud TV in the e-Commerce sector. The Konga Cloud TV is set to go live in September 2021. Although details of the closely-guarded development are still unfolding, feelers indicate that the Konga Cloud TV innovation will run on a digital cloud-based platform and will serve a global audience including Nigerians at home and in the Diaspora, as well as other key stakeholders, such as potential investors and other groups and individuals in search of a reliable platform with which to trade, engage…