SUWK
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How Nigeria’s SUWK links users with jobs and assists them in upskilling

Nigerian startup Skill Up With Kahdsole (SUWK) is a cutting-edge ed-tech platform that offers easily accessible, market-driven vocational education and assistance with job placement through an extensive online ecosystem, tackling the pressing concerns of youth unemployment and skill shortages. SUWK was established in 2021 by Chioma Ukpabi and Kelvin Steve, a couple who are passionate…

Generative AI

Global Market Research: China leads world in GenAI usage while US leads in full implementation

Leaders note lack of understanding, business strategy, sufficient data and regulation preparedness as concerns; data privacy, security and governance are primary challenges. Generative AI (GenAI) is here to stay. Organisations around the world are enthusiastically using and investing in the technology. But what regions and countries are leading in the use of GenAI? China is…

technology, media and telecommunications
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Top risks, causes of loss and growth drivers for the technology, media and telecommunications (TMT) sector

Few industries are moving faster than TMT. It is at the very heart of global innovation, driving technological, societal, and economic progress. One notable opportunity in the technology, media, and telecommunications (TMT) industry is the rapid growth of 5G technology and its applications across various sectors. With its promise of ultra-fast speeds, low latency, and…

NeuRaL AI Simplifies

Nigerian Startup NeuRaL AI Simplifies Gen AI with ‘REACTOR’ Launch

Small, medium, or large businesses looking to explore how Generative AI (GenAI) can enhance their operations without the complexity of technical setups, can now heave a sigh of relief. Neural AI, a Lagos-based provider of essential support to organizations intending to build and deploy Large Language Models (LLMs), has developed and launched a composable, ready-to-use…

Entrepreneurs ecosystem
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How Resilience-Based Ecosystems Help Entrepreneurs Manage Change

If a company is structured like a rainforest ecosystem, it will already have the internal resilience to handle unanticipated circumstances, such as the CEO and the rest of the C-suite being fired by the board of directors. That is precisely what happened at one of my former employers, where the board of a medical clinic…

Eyitayo Iyortim Appointed new President of AfTLD

Eyitayo Iyortim Appointed new President of AfTLD

A Nigerian, Mrs. Eyitayo Iyortim, has been appointed as the new chairperson/president, Africa Top Level Domains [AfTLD]. According to a report by Techeconomy, AfTLD confirmed the appointment, by the Organisation Executive Committee, of Mrs Iyortim from Nigeria (.NG) as the Chairperson of the Executive Committee and President of the Organization. She will be deputized by Prof Idrissa…

Ijesha Digital Innovation Hub

Ijesha Digital Innovation Hub Set to Graduate First Cohort Trainees

Ijesha Digital Innovation Hub has announced the graduation ceremony of its first cohort of trainees. The landmark event will take place on Monday, July 8th, 2024, starting promptly at 2:00 PM at the Royal Park Hotel on the beautiful campus of Olashore International School, Iloko-Ijesa. In a press statement on Friday, Dr Adewale Alonge, Vice President, IGAD,…

small business AI
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How small businesses can develop a technology strategy that leverages AI

Many small business owners are still attempting to implement an artificial intelligence (AI) strategy in an effort to boost automation, increase efficiency, and encourage creativity among their staff members. It’s evident, therefore, that if these organizations don’t maximize AI’s potential, they run the risk of falling behind. Analysts predict that small enterprises will shortly realize…

Innovate2PREVENT Innovation Contest

The Innovate2PREVENT Innovation Contest is now accepting applications.

The Innovate2PREVENT Innovation Contest, which aims to encourage and inspire creative minds worldwide to develop novel, inclusive, and data-driven circular business models, is open to African entrepreneurs. The Innovate2PREVENT program, run by Yunus Environment Hub on behalf of the PREVENT Waste Alliance, enables forward-thinkers, innovators, and environmentalists to present and promote their creative solutions that…

generative AI

What you should look out for when considering using generative AI in low-code platforms

Business growth worldwide is increasingly being influenced by data-driven innovation. In Kenya, for instance, private and public institutions are also gradually turning to generative AI to take more control of their processes and data. This is particularly evident in the area of application development. With large language models (LLMs) trained on billions of coding parameters,…

Money With ChatGPT
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The Top 10 Ways To Earn Money With ChatGPT in 2024

The times are hard. Everyone has been feeling the pinch from rising costs, with 70% of workers reporting they don’t make enough. As a result, an increasing number of people are looking for side income opportunities. But where do you begin with so many possibilities available? This is where ChatGPT—yes, the AI tool you’ve been…

How to Create Engaging Content with ChatGPT PowerPoint Demonstrations
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How to Create Engaging Content with ChatGPT PowerPoint Demonstrations

Your ability to create engaging PowerPoint presentations can make you stand out from the competition at work or in the classroom. Gaining presentation skills can open up new doors for business owners, professionals, and students. You may develop excellent presentations and pick up new talents by using ChatGPT to learn new things. This post will…

Managing risks of public Wi-Fi

Cybersecurity on the go: Managing risks of public Wi-Fi

Public Wi-Fi is quite popular at cafés, airports, or abroad during vacations or business trips. Despite the convenience and perceived necessity of staying connected, these common situations require vigilance to ensure the safety and protection of personal data. To navigate potential risks safely, Kaspersky experts have crafted a set of safe practices for using unrestricted…

Meta Llama 3.1 Impact

Meta Rolls out In-Stream Ads & Ads on Facebook Reels across Nigeria & Ghana

Today, Meta announced the availability of two new monetization features for eligible creators in Ghana & Nigeria. In-Stream Ads on Facebook and Facebook Ads on Reels, will enable creators to earn money for crafting original videos and cultivating community. Commenting on the rollout, Moon Baz, Global Partnerships Lead, Africa, Middle East and Turkey (AMET) at…

Using artificial intelligence

‘AI unleashed’: Using artificial intelligence to drive positive societal change

The artificial intelligence (AI) revolution represents a transformative era, characterised by the rapid advancement and integration of AI technologies into various aspects of society and across key business areas. From agriculture and education to cybersecurity, AI is guiding innovation and transforming industries, and exponential growth in both computing power and data availability are key drivers…

Truecaller

India Launches Truecaller Fraud Insurance for Users of iOS and Android

On Thursday, Truecaller revealed an insurance protection plan designed to shield subscribers from mobile fraud. The Truecaller Fraud Insurance plan is available to users who have paid for the Android and iOS versions of the app. Initially launched in India, the new strategy will eventually be extended to other countries. The caller ID platform and…

OpenAI to train humans

OpenAI Wants AI to Aid with AI Training for Humans

An army of human trainers who provided guidance on good and negative outputs to the artificial intelligence model underlying ChatGPT was one of the main components that made the bot an explosive success. According to OpenAI, incorporating additional AI into the mix to support human trainers may improve the intelligence and dependability of AI assistants….

ChatGPT AI
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ChatGPT: What you should know about the AI-powered chatbot

Since its November 2022 launch, ChatGPT, OpenAI’s text-generating AI chatbot, has swept the globe. Over 92% of Fortune 500 businesses utilize this massive application, which began as a way to write essays and code with short text prompts to boost productivity. Due to its expansion, OpenAI has become one of the most talked-about businesses in…

OpenAI

A new GPT-4o advanced voice demo from OpenAI is available, and it can teach you a language.

Although OpenAI has stated that ChatGPT won’t be receiving sophisticated voice functionality until later this year, it has kept us updated on what to anticipate. The most recent demonstrates the remarkable linguistic abilities of GPT-4o by instructing users in Portuguese. GPT-4o’s remarkable expanded voice capabilities were presented earlier this year at the OpenAI spring update….

future of work
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Artificial Intelligence and the Future of Work: Opportunities for Africa

Since the environment for applications is still developing and large language learning models (LLMs) are still in their infancy, Africa offers a unique opportunity to shape the future of work. As per the whitepaper on AI and the Future of Work in Africa, which was created by Microsoft in collaboration with a group of industry…

ChatGPT

How to digitize handwritten notes for free with ChatGPT

Typing text just doesn’t satisfy the itch that pen and paper note-taking does. Research has indicated that taking physical notes improves memory retention. Having said that, you lose out on the advantages of digital notes when you write things down. You may have the best of both worlds with ChatGPT. In May, OpenAI enhanced ChatGPT’s…

Facebook and Instagram
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Not everyone has the option to opt out of Meta’s intention to train AI using your Facebook and Instagram postings.

Everything you post publicly on Facebook or Instagram if you live in the UK or the EU might soon be used to teach artificial intelligence (AI). Meta intended to utilize the posts from now on to train its AI model, but it was confronted with eleven legal challenges across Europe. Then, in a “disappointing” move,…

Meta Instagram AI

Instagram user-generated AI chatbots are being tested by Meta.

Mark Zuckerberg, the CEO of Meta, declared on Thursday that the firm will start showcasing AI avatars created by creators on Instagram via Meta AI studio. The United States will host the test. The social networking firm and Character, a chatbot startup financed by a16z, both make announcements on the same day.Users will soon be…

Ampersand partners BYD

Ampersand partners BYD and Rwanda to collaboratively electrify Africa’s transportation infrastructure

The publicly traded Chinese multinational manufacturing business BYD and the Kigali-based electric transport energy startup Ampersand have joined forces to work on decarbonizing the commercial motorbike transport system in Africa. Founded in 2016, Ampersand builds and funds electric motorcycles that are more affordable to purchase and run than the five million gasoline-powered motorcycle taxis that…

Peter Oluka and NIPR
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NIPR Inducts Techeconomy’s Editor Peter Oluka, 604 others as Members

Peter Oluka, the editor of Techeconomy, was among the 605 new members inducted into the Nigerian Institute of Public Relations (NIPR) during its 60th anniversary celebration. The induction ceremony, held as part of a week-long event culminating in an International Colloquium on June 20, 2024, took place in Garki, Abuja. Speaking at the event, Dr. Ike…

Sophos
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76% of Companies Improved Their Cyber Defenses to Qualify for Cyber Insurance, Sophos Survey Finds

Recovery Costs from Cyberattacks Outpace Insurance Coverage Sophos, a global leader of innovative security solutions for defeating cyberattacks, today released findings from its survey, “Cyber Insurance and Cyber Defenses 2024: Lessons from IT and Cybersecurity Leaders.” According to the report, 97% of those with a cyber policy invested in improving their defenses to help with…

Creative Business Cup Nigeria

Call for Applications: Young Entrepreneurs: Creative Business Cup Nigeria 2024 (1 million naira grant)

Creative Business Cup is a global, year-round initiative that empowers entrepreneurs in the creative industries by supporting the development of their business ideas, introducing them to investors and international markets, and enhancing their capacity for innovation for the good of business and society. It is much more than just a competition. The Creative Business Cup…

AI Business Productivity
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How AI Can Accelerate Your Business Productivity and Growth

Artificial Intelligence (AI) has become a powerful tool that significantly contributes to the growth and success of any business. In today’s highly competitive business landscape, leveraging AI can be a game-changer for businesses to fuel their productivity and growth. There are AI-powered tools that are useful for a variety of applications in business for performance…

LinkedIn AI Tools
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How to Use LinkedIn AI Tools to Find a Job

Artificial intelligence tools have undoubtedly been appearing on a variety of platforms, gadgets, and apps in the recent past. LinkedIn is also eager to keep up with the rush to make everything as AI-enhanced as possible. It is a social network for professionals to connect and find work. Nevertheless, it should be noted up front…

MIT Foundry Fellowship

The 2024–25 MIT Foundry Fellowship cohort is now accepting applications.

The MIT Foundry Fellowship cohort for 2024–25 is currently accepting applications from established businesspeople who are dedicated to spearheading the expansion and integration of Africa’s innovation and entrepreneurial ecosystems. The MIT Foundry Fellowship is intended for leaders with integrity who want to spark inclusive growth and systemic change throughout Africa. Each year, ten to fifteen…