💳Access Bank, Visa Launch Corporate Card

Plus: 🏢Terra Industries Raises $11.75m

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Today’s Menu ☕️

💳Access Bank, Visa Launch Corporate Card
🏢Terra Industries Raises $11.75m
💰Verdant Capital Fund Gets $15m Investment
📲Musk to Open-Source X Algorithm
🤖YouTube Introduces Search Filter to Hide Shorts
🔐Strengthening Data Security With Proactive Risk Management

💳PAYMENTS

Access Bank, Visa Launch Corporate Card

Access Bank has partnered with Visa to launch a Corporate Credit Card for medium and large Nigerian businesses, aimed at improving cash flow, expense control, and working capital management. The card offers up to 45 days of interest-free credit, enabling companies to fund operational expenses without straining liquidity. Integrated with Visa Spend Clarity, it provides real-time visibility into corporate spending, strengthening governance, reducing fraud risk, and supporting data-driven financial decisions.............….continue reading

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🏢STARTUPS

Terra Industries Raises $11.75m

African defence tech startup Terra Industries has raised $11.75 million in a funding round led by 8VC to scale its autonomous security systems for critical infrastructure across the continent. Founded in 2024, the company builds drones, autonomous towers, ground and maritime systems powered by its ArtemisOS platform. Terra’s technology is already deployed in multiple African countries, securing infrastructure assets worth about $11 billion. The new funding will support expanded manufacturing, engineering growth, and wider deployments as the company positions itself as Africa’s first homegrown defence technology prime............….continue reading

💰INVESTMENTS

Verdant Capital Fund Gets $15m Investment

Impact Fund Denmark has committed $15 million to the Verdant Capital Hybrid Fund (VCHF) to strengthen financial inclusion across Africa by expanding access to capital for micro, small, and medium-sized enterprises. The fund invests hybrid and mezzanine capital into African financial institutions that serve entrepreneurs and underserved businesses, helping to close persistent financing gaps that limit growth and job creation. With active investments across more than 10 African countries, VCHF plays a pan-African role in supporting inclusive economic development. Impact Fund Denmark’s long-term, ESG-focused investment approach aims to scale sustainable financial institutions while promoting responsible governance and measurable development impact........….continue reading

📲SOCIAL MEDIA

Musk to Open-Source X Algorithm

Elon Musk has pledged to open-source X’s main recommendation algorithm within seven days, with plans to release updated versions every four weeks alongside developer notes. The move is positioned as a transparency push as X faces mounting regulatory scrutiny, particularly from the European Union over alleged violations of the Digital Services Act and concerns around its AI system, Grok. While Musk says the release will cover both organic and advertising recommendations, developers remain skeptical due to past incomplete disclosures. The announcement comes amid global pressure on X to prove its systems are not biased or enabling harmful content..................….continue reading

 🤖ARTIFICIAL INTELLIGENCE

PayPal Integrates Microsoft Copilot for AI-Powered Shopping

PayPal has announced a strategic integration with Microsoft Copilot, positioning itself at the center of a growing shift toward AI-powered commerce experiences. The collaboration enables shoppers to discover products, make purchase decisions, and complete payments directly within Copilot, without leaving the AI interface.

The integration supports the launch of Copilot Checkout, starting on Copilot.com, where PayPal will power merchant inventory discovery, branded checkout, guest checkout, and credit card payments. The move reflects a broader industry trend toward embedding commerce directly into AI assistants, reducing friction between product discovery and transaction completion.................….continue reading

OTHER STORIES

  • Apple partners with Google to power Siri with Gemini………continue reading

  • IShowSpeed breaks YouTube records in Kenya………continue reading

  • Stars From All Nations secures grant to empower 100 Ghanaian creative entrepreneurs………continue reading

  • When Will IShowSpeed Be in Nigeria? Updates on His Africa Tour………continue reading

  • Strengthening Data Security With Proactive Risk Management………continue reading

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Jessica .C. Adiele
Innovation Village