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Jumia Nigeria, an e-commerce platform, has opened its anniversary sale with amazing offers and discounts on various products from leading brands like Xiaomi, Adidas, and itel.

The campaign, scheduled to run from June 24 to July 14, offers discounts on various products, including electronics, mobile phones, household appliances, apparel, and cosmetics.

Customers could take advantage of Treasure Hunts, Brand Days, Games, and Flash Sales, with additional discounts and prizes up for grabs.

According to Sunil Natraj, CEO of Jumia Nigeria, the sale was intended to thank devoted users and draw in new ones by highlighting the platform’s dedication to ease of use, reasonable prices, and a large assortment of products. Read the full article via the link below.
https://techpression.com/jumia-offers-discounts-on-its-anniversary

You read that Bounty Hunter will be making a triumphant comeback this coming August. Initially released for the PlayStation 2, this legendary video game is getting a much-anticipated re-release. It will be available on the PlayStation 4, PlayStation 5, Xbox One, Xbox Series X/S, Nintendo Switch, and your personal computer.

You read that correctly: bounty hunters from all across the galaxy (or at least from various gaming platforms) will finally re-experience the boots (or jetpack treads) of the notorious Jango Fett.

Even though Aspyr, the development company responsible for the project, has hinted at “optimisations” for the new hardware, this re-release is expected to be more than just a straightforward port. Read the full story via the link below.
https://techpression.com/bounty-hunter-will-be-released-in-august

🎮 Who's excited to play Bounty Hunter again? and which platform will you be playing on?

#bountyhunter #playstation #xbox #nintendoswitch #gaming #gamingcommunity #Techpression

Microsoft and Amazon have partnered, and some Fire TV players can play Xbox Cloud Games. That’s right, people—you won’t need a fancy device or a powerful PC to kill dragons or race virtual Ferraris. You can play cloud-based games with a good internet link and a reliable Fire TV remote.

This agreement is a big step towards making games easier for more people to access than ever before. Let’s get down to the specifics of this exciting event. Read the full story via the link below.
https://techpression.com/xbox-cloud-gaming-is-coming-to-amazon-tvs

🎮 What game are you excited to play on Xbox Cloud Gaming?

#Microsoft #Amazon #XboxCloudGaming #FireTV #CloudGaming #GamingNews #TechNews #VirtualGaming #GamingCommunity #TechUpdate #GameOn #NextGenGaming #Techpression

Pocketpair Hints That Palworld Will Be Coming to PS5. People in the gaming community are very excited because Pocketpair’s global community manager dropped a not-so-subtle hint that Palworld might be coming to the PlayStation 5.

Many people think Bucky’s recent tweet with a blue heart emoji hinted that this famous survival game would soon be available on Sony’s top-of-the-line console.

An unpopular but successful start
Palworld, an open-world survival and creating game, has been a sensation since its early access launch on Xbox and PC in January 2024. Despite initial accusations of similarity to the popular Pokémon series, the game has amassed a massive fan base, with over 25 million players on PC and Xbox and 15 million copies sold on Steam alone, a testament to its unique and captivating gameplay. Read the full article via the link in our bio.
https://techpression.com/palworld-might-come-out-on-playstation

A European advocacy organisation has rejected Meta’s idea to train its Artificial Intelligence (AI) models using the personal data of Facebook and Instagram users.

The privacy advocacy group NOYB ( None of Your Business) issued a statement on Thursday urging European data protection authorities to take action against Meta’s plans to utilise Facebook and Instagram user data for AI training.

NOYB emphasised the potential violations of the General Data Protection Regulation and called on privacy enforcers to investigate and prevent Meta from misusing personal data. The group’s statement highlights concerns over the exploitation of user’s sensitive information without their consent and the potential risk associated with AI systems being trained on vast amounts of personal data.
To read the full story click the link below
https://techpression.com/meta-trains-facebook-and-instagram-ai

A European advocacy organisation has rejected Meta’s idea to train its Artificial Intelligence (AI) models using the personal data of Facebook and Instagram users.

The privacy advocacy group NOYB ( None of Your Business) issued a statement on Thursday urging European data protection authorities to take action against Meta’s plans to utilise Facebook and Instagram user data for AI training.

NOYB emphasised the potential violations of the General Data Protection Regulation and called on privacy enforcers to investigate and prevent Meta from misusing personal data. The group’s statement highlights concerns over the exploitation of user’s sensitive information without their consent and the potential risk associated with AI systems being trained on vast amounts of personal data.
To read the full story click the link below
https://techpression.com/meta-trains-facebook-and-instagram-ai

The federal government has formally launched the Audience Measurement System for the broadcasting sector, designed to generate accurate and reliable data on television viewers in Nigeria.

Minister of Information and National Orientation Mohammed Idris, who performed the launch on Thursday in Abuja, emphasised the importance of this system in ensuring broadcasting efforts are both impactful and reflective of the diverse preferences and needs of the audience.

“It is a tool that empowers us to understand and respond to the dynamic nature of our media consumers, providing valuable insights into their viewing habits, content preferences, and engagement patterns. It is gratifying to note that this project, which started in 2020, has finally come to fruition,” Idris said.
Click the link below to read the full story
https://techpression.com/nigeria-launches-audience-measurement-system

The classic Nokia 3210 is back, and it’s impossible to break. It’s 2024. Smartphones are everywhere, and thanks to their sleek screens and endless apps, we carry them around with us all the time. Still, a whisper from the past strengthens amidst the noise of messages and growing screen time. The famous Nokia 3210 phone, known for being straightforward and long-lasting, is returning.

In the late 1990s and early 2000s, the 3210 was more than just a phone. It was a lifesaver and a sign of a time before the internet took off. It was made of big pieces, which meant it could survive drops that would break modern glass marvels.
Read the full gist via the link below
https://techpression.com/why-is-the-nokia-3210-making-a-comeback

The largest tech show on the continent, GITEX Africa, will visit Nigeria in 2025 thanks to a Memorandum of Understanding signed on Thursday afternoon by Trixie LohMirmand, the managing director of the Dubai World Trade Centre, and Kachifu Inuwa, the Director General of the National Information Technology Development Agency.

GITEX Africa, the continent’s most prominent tech showcase, is expected to be held in Nigeria in September 2025 in Lagos and Abuja. Here are some key points about the event: GITEX Africa will bring a unique formula that aligns with Nigeria’s national strategy.
Read the full story via the link below
https://techpression.com/nigeria-to-host-gitex-africa-2025

The largest tech show on the continent, GITEX Africa, will visit Nigeria in 2025 thanks to a Memorandum of Understanding signed on Thursday afternoon by Trixie LohMirmand, the managing director of the Dubai World Trade Centre, and Kachifu Inuwa, the Director General of the National Information Technology Development Agency.

GITEX Africa, the continent’s most prominent tech showcase, is expected to be held in Nigeria in September 2025 in Lagos and Abuja. Here are some key points about the event: GITEX Africa will bring a unique formula that aligns with Nigeria’s national strategy.
Read the full story via the link below
https://techpression.com/nigeria-to-host-gitex-africa-2025

Apple has been improving the camera specifications of its phones recently, and it appears that the iPhone 16 Pro Max will see yet another significant advancement as two of the phone’s sensors will reportedly be upgraded.

The most costly iPhone 16 buyer will receive more features than any other customer. MacRumors discovered the most recent indication that this is the case through a leak on Weibo.
Read the full story via the link below
https://techpression.com/iphone-16-pro-max-to-get-major-wide

The itel RS4 is a groundbreaking addition to affordable gaming smartphones. Focusing on catering to the demands of mobile gamers, this device delivers strong performance thanks to its robust hardware and remarkable features.Unleash your gaming potential with the Helio G99 processor
As a trusted source for reviewing gadgets, we provide comprehensive and unbiased assessments of the latest tech products. Our goal is to guide consumers in making informed decisions by highlighting the pros and cons of each gadget. With our expertise and attention to detail, we strive to deliver accurate and reliable.
Read the full story via the link below
https://techpression.com/itel-rs4-is-affordable-gaming-device

The world of handheld gaming is about to get a revolutionary makeover. At MWC 2024, Tecno, a leading smartphone brand, unveiled the Tecno Pocket Go, a unique device that breaks away from the traditional mould.

Unlike the Nintendo Switch or the Steam Deck, the Pocket Go doesn’t have a built-in screen. Instead, it takes a bold step into the future by incorporating augmented reality (AR) technology to deliver a truly immersive gaming experience.

This innovative approach has gamers and tech enthusiasts buzzing with excitement, eager to learn more about the capabilities of the Tecno Pocket Go.
Read the full story via the link below
https://techpression.com/tecno-pocket-go-redefines-handheld-gaming

Microsoft has decided to shake things up by releasing the next “Call of Duty” video game. Instead of following their usual approach of selling the game separately, they plan to include it in their subscription service.

This move is a departure from the norm and has caught the attention of gamers everywhere. It is anticipated that this announcement will take place during the company’s annual Xbox showcase on June 9.

In a massive $69 billion deal, Microsoft has decided to acquire Activision Blizzard. “Call of Duty” has proven an incredibly lucrative franchise, raking in a staggering $30 billion in lifetime revenue. Read the full story via the link below
https://techpression.com/microsoft-unveil-next-call-of-duty-video-gam

Digify Africa, in partnership with Meta and the Michael and Susan Dell Foundation (MSDF), has opened applications for the 2024 Digify Pro Online digital entrepreneurship programme.

This initiative is designed to help unemployed youth aged 18 to 35 build careers in digital marketing, equipping them with essential skills for the modern economy.

The 2024 edition of Digify Pro Online introduces a new three-tiered training approach, providing participants with a structured, progressive learning experience. Read the full story via the link below.
https://techpression.com/digify-africa-others-open-application

The Corporate Affairs Commission (CAC) in Nigeria has said it is looking into ways to use artificial intelligence (AI) to make it possible for companies to be registered within minutes, which is the best practice around the world.

Hussaini Ishaq Magaji, the ReGeneral registrar and CEO of the Commission, said this on Tuesday in Abuja during a meeting with Khalil Suleiman Halilu, the Executive Vice Chairman EVC/CEO of NASENI. He said the CAC will use NASENI’s AI and high-powered computer (HPC) tools to reach this goal. Read the full story via the link below
https://techpression.com/cac-to-deploy-ai-into-company-registrations

OpenAI has released chatgpt-40, a quicker and less expensive version of artificial intelligence, and has promised to give it away for free to all users.

A live-streamed event on Monday revealed the ChatGPT-4o, an improved version of ChatGPT-4. The new colossal language model, which can process 50 different languages, will be better at managing text and speech, according to OpenAI. It was trained on massive amounts of data from the internet.

The company has revealed its plans for a phased rollout of its latest features, starting with introducing text and image input capabilities on Monday. These innovative features are now available to users through the API and ChatGPT platforms, marking a significant milestone in the company’s mission to enhance user experience.
Read the full story via the link below
https://techpression.com/openai-unveils-free-chatgpt-40-for-audience

For its core search business model, Google is considering adding paid “premium” features that creative AI drives.

The company’s leading search engine has been free and backed by ads since the beginning, so this would be the first time they charge for improvements.
Read the full story via the link below
https://techpression.com/ai-powered-search-game-changer-for-businesse

The UK Government is giving some airports more time to install Security Technology. This could mean that tiny products will no longer be allowed. Those who don’t meet the new dates will be fined heavily.

Launched in 2018, the improved scanners eliminate the need for passengers to remove prohibited items from their hand luggage, streamlining the security screening process and saving time. As a result, security personnel can now operate with greater precision. Travellers can carry larger volumes of liquids through security once granted entry, eliminating the current limit of 100ml.
Read the full story via the link below
https://techpression.com/the-extension-of-security-technology-uk

Swypex, an Egyptian fintech startup, has recently launched its all-in-one financial services platform for businesses following a successful $4 million seed investment round.

The renowned venture capital fund Accel led the investment, which is making its first fintech investment in the region.

Egyptian businesses face several challenges when it comes to financial management. Many rely on multiple disconnected methods to handle their finances, leading to inefficiencies. Additionally, employee fraud remains a concern, with businesses losing an average of 5% of their revenues yearly due to fraudulent activities related to cash transactions.
Read the full story via the link below
https://techpression.com/swypex-unveils-financial-services-platform

Nigerian authorities have vehemently denied allegations by Binance’s CEO, Richard Teng, accusing unnamed officials of soliciting a $150 million cryptocurrency bribe.

The Nigerian Information Ministry spokesperson, Rabiu Ibrahim, described the claims as baseless and an attempt by Binance to divert attention from the criminal charges it faces in Nigeria.

Binance and two executives are embroiled in separate trials for tax evasion and money laundering, totalling over $35 million. Teng’s blog post alleged that Nigerian officials demanded bribes to halt investigations, a claim the authorities strongly refuted.
Read the full story via the link below
https://techpression.com/nigerian-authoritie-deny-binance-ceo-bribery

In a significant reaction to the federal government’s cyber security levy, the Trade Union Congress of Nigeria (TUC) has described the levy as unreasonable and vowed to protest against it.

Recall that the Central Bank of Nigeria (CBN), in a circular to banks, imposed a 0.5 percent cybersecurity levy on almost all electronic transactions.

The union in a statement signed by its President, Comrade Festus Osifo on Wednesday in Abuja, lamented that the policies of the Bola Ahmed Tinubu led administration has continued to impose hardship, pain, anguish on an already impoverished masses, even as many buisnesses struggling to thrive under the harsh and anti-people polices were shutting down operations.
Read the full story via the link below
https://techpression.com/tuc-to-mobilise-protest-cybersecurity-levy

The third annual RegTech Africa Conference is poised to gather industry luminaries, regulators, policymakers, and stakeholders in Lagos, Nigeria, on May 23rd and 24th.

Under the theme “Harnessing Partnerships for Africa’s Prosperity – Bridging the Data Trust Gap,” this hybrid event is primed to explore the pivotal role of data governance in propelling Africa’s economic growth.

Data governance takes precedence as African nations grapple with the complexities and opportunities of a digital economy. The conference aims to unravel harmonised data governance frameworks essential for unlocking economic benefits and fostering societal advancement, particularly in light of the ongoing negotiations phase of the African Continental Free Trade Agreement (AfCFTA).
Read the full story via the link below
https://techpression.com/regtech-africa-to-address-data-trust-issues

Seamfix, an identity solutions company founded 17 years ago, recently secured $4.5 million from Alitheia IDF, its first institutional investor. This investment is pivotal as Seamfix aims to broaden its operations beyond Nigeria due to currency challenges impacting revenue growth.

Chimezie Emewulu, Seamfix’s CEO, expressed concerns about revenue growth when viewed in dollars due to the depreciation of the Naira. This concern prompted the decision to expand into more stable African markets like Ghana, Kenya, and South Africa. Emewulu emphasised the need to earn more in foreign currency to offset these challenges.
Read the full story via the link below
https://techpression.com/seamfix-secure-4-5m-first-fundraising-round

Starting a business in Africa can be an exciting yet challenging endeavour. Whether you have a groundbreaking idea or a unique product ready to hit the market, securing funding is one of the biggest hurdles you might face.

Fortunately, the African startup ecosystem has been increasing, offering various avenues for entrepreneurs to fund their ventures. As you embark on your entrepreneurial journey, you must explore the available funding options. Here are five ways you can fund your startup in Africa: Accelerators and Incubators, Pitches, Loans, Grants, and Crowd Funding.

Accelerators and incubators provide valuable mentorship, networking opportunities, and sometimes even seed funding in exchange for equity. Pitching your idea to investors can also be a successful way to secure funding, as they may see the potential in your business and decide to invest. Loans from banks or financial institutions can provide the capital you need to get started, while grants offer non-repayable funds to support specific projects or initiatives. Additionally, crowdfunding platforms allow you to raise money from many people who believe in your vision. Each of these funding options has advantages and challenges, so choosing the one that best aligns with your business goals and needs is crucial.

Now, let’s explore these options in detail.
Read the full article via the link below
https://techpression.com/five-ways-to-fund-your-startup-in-africa

Despite making up over 80% of the world’s population and more than 90% of its disease burden, low- and middle-income countries (LMICs) have suffered the most from global health disparities for far too long. Despite this, they only account for 6% of global pharmaceutical revenue. Getting everyone access to high-quality, low-cost drugs is still hard, but it’s more important than ever to solve this problem.

Today, Axmed, an innovative two-sided B2B marketplace platform, announced a $2 million seed funding round. This is a significant step towards solving this problem. This investment aims to speed up the process of making essential and new medicines more affordable, available, and sent to areas that need them.
Read the full story via the link below
https://techpression.com/from-seed-to-success-axmeds-2m-funding

AI is set to be a prominent feature in 2024’s new phone models, and the recently unveiled Google Pixel 8A is no exception. Priced at $499 and hitting the market on May 14, the Pixel 8A brings some of the most crucial AI features from Google’s high-end handsets to its more affordable line.

These include the innovative Audio Magic Eraser, Best Take, and the ability to run Google’s Gemini Nano model, and this marks the first time these advanced tools are available on Google’s low-cost phone line, making the Google Pixel 8A a standout in the market.

Read the full story via this link
https://techpression.com/google-pixel-8a-offers-crucial-ai-features

Oriki Energy, a Paris-headquartered social enterprise, has announced a significant initiative to bolster Nigeria’s solar power sector. The company’s strategy involves establishing a network of solar stations that promise profitability and sustainability, aimed at invigorating local economies from the ground up.

Oriki Energy’s commitment is set to materialize in Abeokuta, Ogun State, where a diverse group of 100 entrepreneurs—equally split between men and women—will be equipped to launch their solar power ventures. This initiative, spanning from May to August 2024, is a business endeavour and a partnership with cultural roots involving the esteemed Olowu of Owu, Oba Prof. Saka Matemilola.

Seni Oyekanmi, the founder and CEO of Oriki Energy, is the driving force behind this ambitious project. With a vision to empower a million Nigerian entrepreneurs by 2034, Oyekanmi’s plan is more than a business model; it’s a transformative agenda for nationwide empowerment through renewable energy.
Read the full story via this link
https://techpression.com/oriki-energy-empowers-nigerian-startups

Richard Teng, an executive at Binance, accused Nigerian government officials of soliciting bribes amounting to $150 million from the cryptocurrency giant. Teng disclosed that the demand came after a meeting with Nigerian lawmakers, although their direct involvement remains uncertain.

“We will not yield to illegal demands or coercion,” stated Teng unequivocally. Binance executives maintain that the accusations are baseless and contrary to the principles of transparency and integrity upheld by the company.
Read the full story via this link
https://techpression.com/binance-executive-accuses-nigerian-officials

Microsoft has disclosed a new development to its staff, which could lead to the shutdown of its innovation centre, the African Development Centre (ADC), in Lagos, Nigeria, putting 200 jobs at risk.

An unofficial announcement was made on Monday, May 6 2024, with internal sources of Microsoft not denying or accepting the report when confronted. Affected staff would receive salaries till June 2024, including their HMOs.

This development centre is the only ADC branch in West Africa, with its second African branch in the east, Nairobi, Kenya. Both centres were Microsoft’s first development centres in Africa.
Read the full story via this link
https://techpression.com/microsoft-to-close-africa-development-centre

The third annual RegTech Africa Conference is poised to gather industry luminaries, regulators, policymakers, and stakeholders in Lagos, Nigeria, on May 23rd and 24th.

Under the theme “Harnessing Partnerships for Africa’s Prosperity – Bridging the Data Trust Gap,” this hybrid event is primed to explore the pivotal role of data governance in propelling Africa’s economic growth.

Data governance takes precedence as African nations grapple with the complexities and opportunities of a digital economy. The conference aims to unravel harmonised data governance frameworks essential for unlocking economic benefits and fostering societal advancement, particularly in light of the ongoing negotiations phase of the African Continental Free Trade Agreement (AfCFTA).
Read the full story via this link
https://techpression.com/regtech-africa-to-address-data-trust-issues

The third annual RegTech Africa Conference is poised to gather industry luminaries, regulators, policymakers, and stakeholders in Lagos, Nigeria, on May 23rd and 24th.

Under the theme “Harnessing Partnerships for Africa’s Prosperity – Bridging the Data Trust Gap,” this hybrid event is primed to explore the pivotal role of data governance in propelling Africa’s economic growth.

Data governance takes precedence as African nations grapple with the complexities and opportunities of a digital economy. The conference aims to unravel harmonised data governance frameworks essential for unlocking economic benefits and fostering societal advancement, particularly in light of the ongoing negotiations phase of the African Continental Free Trade Agreement (AfCFTA).
Read the full story via this link
https://techpression.com/regtech-africa-to-address-data-trust-issues