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Precious Olowookere

A content writer and news journalist with a focus on technology, startups, and new digital trends.

POSB Announces Strategic Partnership with Mastercard to Roll Out Remit Outbound Service

POSB Announces Strategic Partnership with Mastercard to Roll Out Remit Outbound Service

The People's Own Savings Bank, popularly known as (POSB) has decided to create a strategic partnership with Mastercard to launch POSB Remit Outbound to serve as an innovative international money transfer business that aims to transform cross-border payments for customers in Zimbabwe. With this new service, POSB customers

Afreximbank Selects Eight Finalists for Its Leading Accelerator Initiative

Afreximbank Selects Eight Finalists for Its Leading Accelerator Initiative

The African Export-Import Bank (Afreximbank) has declared the eight finalists for the inaugural cohort of its flagship Accelerator Program, a three-month initiative launching in March 2026 aimed at empowering Africa's most promising startups driving innovation in intra-African trade. Some of the firms that were chosen are; Daba Finance,

Qualcomm Unveils “Make in Africa” Initiative for African Startups

African startups

Qualcomm Unveils “Make in Africa” Initiative for African Startups

In January 2026, Qualcomm announced the extension of its Make in Africa Startup Mentorship Program, its first program created to support Africa's expanding technology ecosystem. This program is structured to initiate ten early-stage companies from around the continent, which will be chosen by the program to take part

Tony Elumelu-Linked Startup Seeks $100M in New Funding

Tony Elumelu-Linked Startup Seeks $100M in New Funding

The Lagos-based financial technology company Redtech Limited, which is sponsored by Tony Elumelu's Heirs Holdings, has declared publicly its intention to raise up to $100 million in new funding over the course of the following two years. This action was initiated as the business got ready to launch

SkipCash Secures $4M Series A to Scale Digital Payments Across the GCC

SkipCash Secures $4M Series A to Scale Digital Payments Across the GCC

SkipCash is a digital payment platform which is based in Qatar, has raised $4 million in Series investment to expand operations throughout the Gulf Cooperation Council (GCC) and accelerate the start of its smart payment infrastructure, displaying increased investor confidence in the region’s fintech ecosystem. This funding is expected

PayPal Appoints Enrique Lores as CEO Following Revenue Drop

PayPal Appoints Enrique Lores as CEO Following Revenue Drop

On the 3rd of February 2026, PayPal appointed Enrique Lores, former HP CEO and current PayPal board chair, as its new President and Chief Executive Officer effective March 1, 2026. The leadership change comes after PayPal reported weaker-than-expected fourth-quarter revenue and profit, reflecting slowing consumer spending. This is shortly after

Google Collaborates with African Universities to Introduce WAXAL, a Comprehensive African Language Dataset

Google Collaborates with African Universities to Introduce WAXAL, a Comprehensive African Language Dataset

Google has decided to team up with a number of African Universities to introduce WAXAL, as an innovation to help African languages in artificial intelligence and natural language processing technologies as a groundbreaking dataset. This program seeks to close the gap in AI capabilities since there are some African languages

Ghana Advances Tech Law Reforms to Boost AI, Fintech, and Cybersecurity

Ghana Advances Tech Law Reforms to Boost AI, Fintech, and Cybersecurity

The Deputy Minister for Communication, Digital Technology and Innovations, Mr Mohammed Adams Sukparu, announced the commencement of the Association of IT Law Professional (AITLAP) Africa which is built as a by the government to strengthen regulatory frameworks in areas such as fintech, e-commerce, data protection, cybersecurity, and artificial intelligence. This