Innovationvillage

08/06/2026

MTN Defends Data Billing System at Public ‘Data on Trial’ Event

MTN Nigeria held an event on Saturday that mimicked a courtroom trial, where consumer advocates raised complaints about fast data depletion, and MTN executives explained the company’s billing system. The event, called "Data on Trial," included Nigeria's communications regulator, the competition authority, independent auditors, journalists, and consumers. They discussed a major issue in African telecommunications: why mobile data bundles seem to vanish more quickly than users expect....

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07/06/2026

Konga Invests $2.7M in Stablecoin Startup

Konga has invested $2.7 million in a stablecoin payments startup called Stable, marking a significant move by the Nigerian e-commerce giant to address persistent challenges around international payments and cross-border commerce. The announcement was made by Nnamdi Ekeh during the E-commerce and Payments Forum hosted by Lagos Business School on June 4. The event brought together key players across e-commerce, payments, logistics, and digital infrastructure to discuss the challenges slowing the growth of Nigeria’s digital economy....

Konga has invested $2.7 million in a stablecoin startup to improve cross-border payments and reduce transaction costs.

05/06/2026

Kibo Africa Wants 10,000 Electric Motorcycles on Kenyan Roads

Kibo Africa announced this week that it is launching the Kibo Spark electric motorcycle in Kenya. This launch includes a battery-swapping network developed with Powerhive, an energy company that has been working in Kenya for over ten years. At the launch event in Nairobi, the company set a clear goal: to have 10,000 motorcycles on the road in the next year and 30,000 motorcycles in three years....

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05/06/2026

Dangote’s Peugeot Bet and the Future of Local Vehicle Assembly in Nigeria

Aliko Dangote’s industrial footprint is usually discussed through cement, sugar, fertiliser and refining, but his involvement in Nigeria’s automotive sector may prove just as symbolic. Through Dangote Peugeot Automobiles Nigeria Limited, DPAN, the billionaire industrialist is helping to revive local vehicle assembly in Kaduna, reconnecting Nigeria with a manufacturing legacy that once made Peugeot one of the most familiar names on Nigerian roads....

Aliko Dangote’s involvement in Dangote Peugeot Automobiles Nigeria is helping revive local vehicle assembly in Kaduna, but its future depends on adapting to electric mobility

05/06/2026

3IF Ventures Raises $12 Million to Scale Africa’s Inclusive Insurance Market

3IF Ventures has reached a $12 million first close for the Inclusive Insurance Investment Fund, a new impact venture capital fund dedicated to Africa’s insurance start-up ecosystem. The fund is co-anchored by FSD Africa Investments and ZEP-RE, with a target final close of $30 million. The fund will provide equity capital to early-stage insurance and insurtech businesses across Africa, from pre-seed to Series B....

3IF Ventures has reached a $12 million first close for the Inclusive Insurance Investment Fund, a new impact venture capital fund dedicated to Africa’s insurance start-up ecosystem

05/06/2026

WhatsApp Now Has an AI Business Agent. Here Is What African SMEs Need to Know

At Meta's annual business messaging summit, Conversations 2026, the company announced the Meta Business Agent. This is an AI assistant that works with WhatsApp Business to handle customer conversations 24/7. It can manage multiple chats simultaneously, suggest products, answer questions, and connect customers with a human if needed. This feature is now available worldwide for all businesses on iOS, Android, and the Business Platform, with no size requirements or cost at launch....

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05/06/2026

China Just Built a $162 Million AI to Control What Its Citizens Believe.

Nigeria Goes to the Polls in 2027. Its information environment is already flooded with AI deepfakes, synthetic audio, and coordinated disinformation.

China's Xinhua Yudian is a state-funded AI, trained exclusively on government-approved thought . The same technology that enforces an ideology in Beijing can manufacture one in Abuja.



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05/06/2026

Adidas Turns Messi, Chalamet, Bad Bunny and Bellingham Into “Backyard Legends” Ahead of the World Cup

Adidas has opened its 2026 FIFA World Cup campaign with “Backyard Legends,” a five-minute football film that feels less like a traditional advert and more like a love letter to the game’s informal roots. The campaign brings together a powerful mix of football, music, film and street culture, with Timothée Chalamet, Lionel Messi, Bad Bunny, Jude Bellingham, Lamine Yamal and Trinity Rodman…...

05/06/2026

Nike Rips the Script With Ronaldo, Mbappé, Haaland and LeBron in New World Cup Campaign

Nike has once again reminded the world that football advertising is no longer just about boots, jerseys, and players running across a pitch. Its new World Cup campaign, “Rip The Script,” is a six-minute cinematic spectacle that blends football, Hollywood, music, fashion, and global pop culture into one high-energy story. The ad, released ahead of the 2026 FIFA World Cup, features stars such as Cristiano Ronaldo, Kylian Mbappé, Vinícius Jr., Erling Haaland, Bruno Fernandes, Virgil van Dijk, Zlatan Ibrahimović, Didier Drogba, LeBron James, Kim Kardashian, Travis Scott, Channing Tatum, and Jason Sudeikis as Ted Lasso....

Nike’s new World Cup ad, Rip The Script, blends football, entertainment and pop culture, showing how sports marketing is becoming a global content platform.

05/06/2026

Interswitch Partners Temenos to Deepen Digital Banking Infrastructure Across Africa

Interswitch Group has announced a strategic collaboration with Temenos, the global banking technology company, in a move that could significantly reshape how banks and financial institutions across Africa modernise their digital banking operations....

Interswitch has partnered Temenos to expand digital banking infrastructure across Africa, supporting banks with core banking, payments, cloud and financial crime solutions