ZKTeco, a Chinese firm specializing in biometrics technology, identity management, and security applications, has announced its intention to invest in Nigeria. The company’s CEO and founder, John Che, paid a working visit to the country this week and said that he wants to open an office and set up a research center in the country.
According to John Che, the company's interest in Nigeria stems from the country's strategic position on the continent, particularly its population, market size, GDP, as well as the government's efforts to transform its economy.
“We decided to increase our stake in Africa and we identified Nigeria as the epicenter of Africa, representing the strongest growth prospect on the continent, with opportunities to collaborate on its identity management and biometrics standard needs,” John Che said.
Already present in South Africa and Egypt, ZKTeco considers identity management through biometrics to be very critical for growth and development. “Biometrics helps to drive the efficient management of time and resources, helping to boost productivity,” Mr. Che explained.
Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...
MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...
Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...
Koulou Gold launches new drilling programs on its Sakassou and Kouto projects. The company plans 10,000 m of drilling at Sakassou and 6,600 m at...
Both countries sign an agreement at COP30 to apply Article 6 of the Paris Agreement. The deal positions Senegal to access major funding tied to...
QIA and Ivanhoe sign an MoU to expand cooperation on critical minerals. The deal follows QIA’s $500 million investment for a 4 % stake...
Tanzania’s Tea Board opens talks with Egypt’s embassy in Dar es Salaam. Discussions focus on expanding market access and new trade...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...