TechStream

Technology news around the ecosystem!

From Lagos to Nairobi

We give you summaries of happenings around tech, from developer stand-ups to the boardrooms.

  • OSC to Launch Tech Hub in Nigeria, Driving South–South Innovation and Cooperation

    The Organisation of Southern Cooperation (OSC) has announced plans to establish a technological hub in Nigeria as part of its mission to strengthen South–South cooperation, promote knowledge exchange, and foster digital transformation among developing nations. The initiative, unveiled during discussions with Nigerian government officials and stakeholders, aims to position Nigeria as a central player in…

  • Meta’s $220m Nigeria Fine Standoff Drags On as Platforms Stay Active

    Silence from Meta and FCCPC raises questions on payment and enforcement In May 2024, Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) imposed a $220 million fine on Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp. The penalty was linked to alleged anti-competitive practices and concerns about the company’s dominance in Nigeria’s digital…

  • stc Group Rebrands Cloud Subsidiary as ‘sccc by stc’ to Power Saudi Arabia’s Digital Future

    As a strategic arm of stc group, sccc by stc is seamlessly integrated into the group’s digital ecosystem, enabling the delivery of innovative services and globally benchmarked security standards stc Group has launched a new brand identity for its cloud subsidiary, now called “sccc by stc” (stc Cloud Computing Company), as part of its strategy…

  • UAE unveils QuantumConnect to secure the future of digital communications

    This next-generation hardware-based encryption solution harnesses the power of quantum physics to revolutionise secure communications, embedding hardware directly on fibre infrastructure. The United Arab Emirates has taken a significant step toward advancing its cybersecurity and technology ambitions with the launch of QuantumConnect, a pioneering initiative focused on next-generation quantum encryption. This project positions the UAE…

  • South African Tech Giant Poised for Global Breakthrough

    South Africa’s technology sector is witnessing a major breakthrough as a local firm positions itself for unprecedented growth in the global digital economy. The company, long recognized for its innovation and resilience, is leveraging emerging technologies such as artificial intelligence, cloud computing, data analytics, and financial technology solutions to expand its footprint beyond the continent.…

  • Bridging Nigeria’s Digital Divide Requires $2.8 Trillion by 2030

    Nigeria requires an estimated $ 2.8 trillion in investments by 2030 to achieve universal connectivity, according to a recent global report on digital access. The projection reflects the massive infrastructure, technology, and financing needs required to close Nigeria’s digital divide and ensure that every citizen has affordable and reliable internet access within the next seven…