Ransomware attacks saw a sharp increase once again over the past year. AI and the increase in mobile-connected devices provide further areas of vulnerability for cybercriminals to exploit. Early detection can reduce the cost of breaches up to a thousandfold. Following two years of high but stable loss activity, 2023 saw a worrying resurgence in…
Africa’s rapid urbanization and population growth present significant challenges in waste management, with many cities struggling to manage the increasing volumes of waste generated daily. However, within this challenge lies a tremendous opportunity to transform the waste management sector into a driver of economic growth, job creation, and environmental sustainability. By adopting innovative and sustainable…
Data will play an invaluable role in helping public and private sector stakeholders across Africa identify ways to increase access to water for all while managing this commodity. This comes at a time when National Water Week in South Africa (20 – 26 March) and World Water Day (22 March) will highlight the importance of water management and conservation…
In today’s connected world, it is a matter of when rather than if you will experience someone trying to hack you. With cybercriminals becoming more sophisticated in their attempts, it is possible that at some point or another you may interact with a scammer or click on a phishing link. As prevention is always better…
Moniepoint Inc. a global digital financial services provider with operations in Nigeria and an ongoing expansion into other emerging markets, has emerged the lead sponsor of the maiden edition of Payments Forum Nigeria (PAFON 1.0). Payments Forum Nigeria [PAFON] is an event focused on providing inside-look at the payment industry in the country, offering perspectives…
The Institute of Information Management (IIM) United Kingdom successfully hosted its highly anticipated Annual Convention and 47th Induction/Investiture ceremony on March 9, 2024, at the Wesley London Euston. The event, held under the theme “AI Renaissance: Unleashing the Power of Intelligent Technologies,” brought together distinguished professionals, thought leaders, and industry experts from various sectors. The convention commenced…
500 successful candidates to get starter-packs Rolls our Free Data, Airtime to Civil Servants, Students, others S Mobile Tech Hub, an offspring of S Mobile Group has open applications to technology entrepreneurs in the Southeast Nigeria. S Mobile Tech Hub was recently conceived by Mr. Kingsley Adonu, a visionary entrepreneur and CEO/Founder S Mobile Group,…
By the end of the month, South Africa will license roughly sixty cryptocurrency platforms, making it one of the first countries on the continent to mandate operating permissions for digital asset exchanges. More than 300 crypto-asset providers requested authorization, according to the Financial Sector Conduct Authority, which offered exchanges until November 30 to apply for…
The Eastern Africa Youth Digital Readiness Index for 2023 has Kenya at the top of the list. Rwanda and Uganda are in second and third place, respectively, behind Kenya. According to the research, Somalia, Sudan, and the Democratic Republic of the Congo came in sixth, seventh, and eighth place, respectively, while Ethiopia and Tanzania came…
Meta and Pulse Nigeria have announced the launch of ‘Creators of Tomorrow,’ a first-of-its-kind campaign that spotlights five emerging creators in Nigeria who are turning what they love into what they do and sparking a new wave of creativity/community on Instagram. The spotlighted creators represent various creative industries, including lifestyle, comedy, dance and art. Their…
In an effort to strengthen health systems against climate threats and improve immunization delivery, Gavi, the Vaccine Alliance, has collaborated with Seedstars to accept submissions for INFUSE 2024. This move comes as the need for climate actions takes front stage. Innovation for Uptake, Scale, and Equity in Immunization, or INFUSE for short, is a Gavi-led…
Payments Forum Nigeria (PAFON), the cross-industry platform focused on addressing issues that require broad cooperation and coordination across many constituents in the payments industry, has attracted sponsorships from Digital Encode Limited, Cybervergent and Payble. Financial industry experts are warming up for the first edition of PAFON, scheduled to take place at Oriental Hotel, Lekki Road,…
Sophos, a global leader in innovating and delivering cybersecurity as a service, today released its annual 2024 Sophos Threat Report, with this year’s report detailing “Cybercrime on Main Street” and the biggest threats facing small- and medium-sized businesses (SMBs*). According to the report, in 2023, nearly 50% of malware detections for SMBs were keyloggers, spyware and stealers, malware that attackers use…
Smart farming, a component of the broader movement towards precision agriculture, is a modern farming management concept that uses technology and data to optimize the yield and efficiency of agricultural operations. This innovative approach encompasses a range of technologies, including IoT (Internet of Things) devices, sensors, GPS, drones, AI (Artificial Intelligence), and big data analytics,…
Google has updated Gemini, its chatbot driven by artificial intelligence (AI), with a new feature. With the new capability, users may modify specific text segments and have fine-grained control over the generated response to a question. Users have the option to remove the selected piece completely, change its length, or renew it. The feature has…
GDM Group, a leading marketing and media technology company, and Eko Innovation Centre, a renowned startup accelerator, proudly announce the launch of MarkHack 3.0, themed “BEYOND LIMITS – Unleashing Creativity with Emerging Tech”. This exciting initiative invites innovators, entrepreneurs, and marketing professionals to collaborate and develop groundbreaking solutions for real-time challenges in the marketing and…
Running a small and medium business is not always an easy ride, especially in an unpredictable business environment. These businesses always seek ways to stay afloat and the only way to do this is to implement strategies that can increase productivity and efficiency. Most Small and medium Enterprises (SMEs) are a one-man type of business…
A Rwandan business called Viebeg provides medical products and equipment via a data-driven, AI-powered B2B platform that optimizes and reduces risk in the purchase of medical supplies and equipment. Viebeg, an online platform called “VieProcure,” was founded in 2018 and provides hospitals, clinics, pharmacies, and other healthcare institutions with a free, data-driven procurement solution. The…
Seeking female entrepreneurs spearheading cutting-edge health firms around the continent, Villgro Africa is a healthcare-focused investor and incubator seeking to provide venture capital to assist these businesses grow. With the establishment of Villgro Kenya in 2017, the India-based Villgro Innovations Foundation broadened its reach into Africa. Villgro Kenya is an impact investor and early-stage company…
Effective cybersecurity must align to organisation’s needs and take its lead from its requirements. Security must enable, not define. Thus, understanding your organisation’s operational environment and what optimum performance looks like must come first. In banking and financial services, where trust and data security are fundamental, cybersecurity requirements are even more complex. This reinforces the…
… Throws Weight behind Governor Peter Mbah’s Youth Empowerment Goals A serial entrepreneur, Kingsley Adonu, the founder/ chairman of S Mobile Group, has disclosed plans to commission an innovation centre in Enugu State, codenamed S Mobile Tech Hub. The Tech Hub, he said, is a corporate social responsibility (CSR) initiative of S Mobile Group to…
Agriculture remains a cornerstone of the African economy, employing a large portion of the continent’s population and contributing significantly to its GDP. However, the sector faces numerous challenges, including climate change, limited access to capital, outdated farming techniques, and post-harvest losses. Advancements in Agricultural Technology (AgriTech) offer transformative solutions, enhancing productivity, sustainability, and food security….
The Africa’s Business Heroes (ABH) Prize Competition has begun its sixth annual Africa’s Entrepreneurial Competition, which aims to identify ten extraordinary entrepreneurs who are working to make a good difference in their communities. As ABH approaches its sixth year, it invites entrepreneurs from around Africa to pitch on the continent’s largest entrepreneurial platform. ABH encourages…
The tug-of-war between familiarity and novelty is a constant force in consumer behavior. On one hand, we crave the comfort of the known, the reliable brand or the trusted product. On the other, we’re drawn to the thrill of the new, the innovative experience, the “shiny new toy.” Understanding this dynamic is key for businesses…
Nigerian startup Dukka has created a digital environment that supports emerging market commerce by assisting businesses in automating daily operations, accepting payments, and gathering performance data. Dukka, founded in 2020 with a demo app produced during the early phases of the COVID-19 epidemic, offers simple technologies to assist individuals and small businesses better manage their…
A Massachusetts Institute of Technology (MIT) student has developed a device that allows humans to speak with computers using their minds, and it is quite remarkable. Arnav Kapur designed AlterEgo, a wearable headset that allows users to connect with technology without saying a word. So, how does this work? The device detects signals when the…
The IFC today released the names of 100 women-led business entrepreneurs who have been chosen to participate in the She Wins Africa project. This IFC-led project aims to increase access to funding for women-led enterprises in Sub-Saharan Africa. According to a statement shared with Technect, the She Wins Africa program is part of the IFC’s…
Dream VC, Africa’s top supplier of venture capital training curricula, has launched applications for the 2024 cohort. The programmes, which are now in their third year and have taught over 170 African and Africa-focused investment professionals, will provide a specialized curriculum, practical training, and access to investors throughout the program. Mark Kleyner and Cindy Ai…
The adoption of artificial intelligence (AI) into a business is not just about leveraging advanced technologies to improve efficiencies. Instead, it is about nurturing trust, ethics, and responsibility in digital systems. Of course, when it comes to any AI implementation, its impact and risk must be considered. This is where Trustworthy AI becomes an organisational…
Gboard, Google’s keyboard software for smartphones, is getting a crucial new feature that will make it easier to insert text using your smartphone’s camera. The most recent version of the keyboard app now supports a new “Scan Text” mode, which uses optical character recognition (OCR) technology to recognize and enter text into a text field….