News from the tech and telecoms sector in Nigeria
Africa’s startup funding crashes 80% as investors switch to debt finance
Moove becomes Africa’s latest unicorn after $250 million funding
Standard Chartered, Sony back Yellow Card in $40 million funding round
NITDA signs sovereign cloud framework to boost AI, data centre investment
World Bank tells developing economies to stop chasing big AI models
World Bank: AI adoption among Nigerian firms jumps to 40%, matching US levels
FG orders MDAs to appoint data protection officers, warns CEOs of liability
INTERPOL identifies Nigeria as both origin and target of African cybercrime operations
Amazon hits $3 trillion valuation as AI-driven cloud growth accelerates
AI now drives most cybercrime in Africa as losses hit $484 million
African startups raise $102 million in July as equity funding hits seven-year low