Ransomware findings by Sophos
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Attackers Increase Their Use of Remote Ransomware 62% Annually, Based on Attacks Detected and Stopped by Sophos CryptoGuard Technology

Sophos, a global leader in innovating and delivering cybersecurity as a service, has released a report, titled “CryptoGuard: An Asymmetric Approach to the Ransomware Battle,” which found that some of the most prolific and active ransomware groups, including Akira, ALPHV/BlackCat, LockBit, Royal, Black Basta, are deliberately switching on remote encryption for their attacks. In remote encryption attacks, also known as…

Digital Centres

Zambia to Establish Digital Centres for Citizens With Free Internet Service

The Zambian government has announced plans to establish Community Digital Transformation Centres to improve its digital ecosystem. This follows the news that each member of Zambia’s parliament will receive a Starlink kit for their home constituency. According to the Minister of Technology and Science, Felix Chipota Mutati, the centres will serve as hubs where citizens can get free Internet…

Robotics
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Rwanda Basic Education Board to Add Robotics Courses in National Curriculum

Educational robotics is a method of teaching that helps kids and teenagers learn new abilities by using robots and electronic components. According to Diane Uwasenga Sengati, the acting head of the ICT in Education Department, the Rwanda Basic Education Board (REB) is thinking about adding educational robotics courses to the national curriculum. Educational robotics is…

ICT Hubs
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Kenyan Government Share Plans to Build 1,450 ICT Hubs

The Kenyan government has revealed plans to build 1,450 ICT hubs in the country as part of its efforts to implement the recently launched Digital Master Plan 2022-2032. The project, set to begin in 2024, will offer Kenyans digital literacy training, film production, and public access to government services across the country. Eluid Owalo, the ICT cabinet…

Oceansmall

How Ghana’s Oceansmall is providing fishing villages with commercial access.

Through its digital platform, Ghanaian startup Oceansmall is enabling small-scale fishing communities to access markets and overcome obstacles including low income, low output levels, and subpar living conditions. Oceansmall, founded in 2020 by Caroline Pomeyie, has created and applied fundamental technologies to improve and optimize the supply chain for fisheries. With the help of its…

Unleashing Abundance
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Unleashing Abundance: An Entrepreneurial Journey Inspired by a Feathered Innovator.

In a thought-provoking post on LinkedIn Professor Ndubuisi Ekekwe shared a captivating anecdote about a resourceful bird and its remarkable ability to overcome a seemingly insurmountable challenge. This simple yet profound analogy sparked a wave of inspiration, prompting me to delve deeper into the parallels between the bird’s actions and the fundamental principles of entrepreneurial…

NDPC
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NDPC Issues Code of Conduct for Data Protection Compliance Organizations (DPCOs)

Ahead of its enforcement drive in 2024 and in a bid to ensure professionalism among firms that are licensed to carry out compliance as a service, the Nigeria Data Protection Commission has issued a Code of Conduct for DPCOs in Nigeria. Whilst addressing the meeting of the Commission with the DPCOs, the National Commissioner, Dr….

RiverSafe

Nigeria: RiverSafe Joins Forces With Path to Possibilities to Support Children in Africa

In order to support and give possibilities to children and young people in Africa, RiverSafe, a professional services provider for cyber security, data operations, and DevOps, has teamed up with the education-focused organization Path to Possibilities. Breaking the Cycles of Impoverishment for Nigeria’s Youth With the help of learning resources and elementary and secondary school…

Digital Portal

Ugandan President, Yoweri Museveni Introduces Digital Portal to Protect Investors

The Electronic Investors Protection Portal (EIPP), a digital portal created to protect Ugandan investment procedures, was introduced by President Yoweri Kaguta Museveni. The portal, an initiative of the State House Investors Protection Unit led by Col. Edith Nakalema, will provide investors with access to reliable government sources, guidance, and a thorough reporting mechanism for their…

Somehoodlum

Apply: Somefund, a $250k Empowerment Contest for Creatives by Somehoodlum, Arsonic

A fund for creatives named Somefund has been introduced by US-based animator and artist Somehoodlum and multihyphenate creative/entrepreneur Arsonic (Zeblocks). Somehoodlum claims in an Instagram post that the fund, also known as an artist empowerment contest, is available to creatives in need of money for projects involving short films, equipment purchases, assistance with music videos,…

ARM Labs Lagos Techstars Accelerator

12 Startups Qualifies for the 2nd Cohort of ARM Labs Lagos Techstars Accelerator

The ARM Labs Lagos Techstars Accelerator, which offers access to up to US$120,000 in equity capital and other forms of support, has picked twelve entrepreneurs for its second round. The three-month-long ARM Labs Lagos Techstars Accelerator was established by Techstars, a global investment firm that offers early-stage entrepreneurs access to capital, one-on-one mentorship, and customized…

startups
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During the “funding winter,” 10 African startups closed, and some are still fighting

Though there were initially expectations that the nascency of the African tech ecosystem may mean it spared too much damage, the expanding extent of the continent’s “startup graveyard” implies that is not the case. Venture capital financing has fallen dramatically globally in 2023. According to PitchBook data, venture capital funding nearly halved globally in the…

GSMA ,FCDO

GSMA launches a new innovation fund to tackle issues related to humanitarian aid.

In an effort to address humanitarian issues, the GSMA and the UK Foreign, Commonwealth, and Development Office (FCDO) have announced the creation of the newest GSMA Innovation Fund. Since 2017, the GSMA has given approximately GBP5 million (US$6.3 million) to startups, SMEs, and social enterprises through the GSMA Innovation Fund. The GSMA Humanitarian Innovation Fund…

Federated Learning

Navigating the Challenges of Federated Learning: Privacy, Security, and Scalability in Distributed Data Environments

Machine learning keeps expanding with the introduction of various technologies and approaches that are changing our lives, one of such approaches is Federated learning which has proven to be a very revolutionary approach in machine learning, allowing models to be trained across different decentralised environments or servers while making sure that those data are localised….

EchoVC

Pan-African Venture Capital Firm, EchoVC Announces a $2.5 Million pre-Seed Climate-focused Fund

The EchoVC Eco Pilot Fund I is the newest pre-seed fund vehicle from EchoVC, a seed and early-stage technology venture capital firm that invests in underrepresented founders and underappreciated industries. The fund will support startups in the energy and climate sectors. At the moment, EchoVC operates out of offices in Lagos, Nairobi, New York, and…

Naspers Labs

Naspers Labs, GrindstoneX Unveil Their Second Cohort of 10 Female Entrepreneurs

The second cohort of GrindstoneX’s growth engineering program, which it co-manages with Naspers Labs, comprises ten female entrepreneurs. Grindstone was co-founded in 2014 by Knife Capital and Thinkroom with the intention of assisting fast-growing, innovation-driven businesses in expanding their businesses. However, the youth development program Naspers Labs is run by the global consumer internet corporation…

Whatsapp Pin

WhatsApp Launches Pinned Messages for Individual and Group Chats

A new feature that allows users to pin messages in chats to quickly find significant conversations is being rolled out by WhatsApp. Users can utilize this feature to pin a particular message to the top of individual or group chats by highlighting it. For a maximum of 30 days, a message can be pinned in…

Digital Hubs

President Ruto of Kenya says the Government will establish 1,450 Digital Hubs in every ward

Every ward will have 1,450 digital hubs built by the government, according to President William’s announcement. Speaking at the Youth Conekt Africa summit, the president announced that he planned to sign legislation by the end of next week for the establishment of hubs. These hubs would provide youths with training and facilitate their connection to…

Google Search

Nigeria: Top Trending Google Searches in 2023

Google Year in Search is an annual analysis by Google that reveals a compilation of the most popular search queries and topics throughout the year. It typically includes categories such as top searches, trending searches, people, news, movies, TV shows, and more. Moyo Lawal, Peter Obi, Mohbad, iPhone 15, and Nigerian Elections 2023 were among the…

Meta

Meta Announces New Safety Tools for Kenyan Families

Meta just opened a Family Center with Supervision Tools and an Education Hub in Kenya to help families have safer and better experiences. The family center’s parental monitoring tools provide access to professional-driven services for safety and well-being. These apps help kids intentionally manage their online time by alerting them when time limits are set,…

RIoT Accelerator Programme
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Apply: RIoT Accelerator Programme for African Startups

Application for the 12-week high-touch RIoT Accelerator Program is open to African Internet of Things (IoT) entrepreneurs. Through the RIoT Accelerator Programme, innovators can study, partner, and launch their products by engaging with an industry consortium of over 90 firms spanning the IoT technology stack. This enhances the effectiveness of traditional business development tools. Numerous…

WIOCC Group

South Africa: WIOCC Group Partners With MDCS Skills Academy to Equip Underprivileged Learners With ICT Skills

Through a partnership with MDCS Skills Academy, WIOCC Group, an open-access digital infrastructure company, is assisting poor learners—particularly female jobless unemployment and disabled learners in impoverished areas of South Africa—in gaining important ICT skills that will help increase their employability. This vital alliance aims to reach the most underprivileged by setting up a mobile ICT…

Artificial Intelligence

The United States to Assist Nigerian Military in the Application of Artificial Intelligence

The main goal of Mr. Dean’s brief visit to Nigeria is to have more in-depth discussions about diplomatic initiatives to promote peace and stability. The United States is prepared to assist the Nigerian military in implementing and modifying artificial intelligence in order to combat terrorists within the borders of the West African nation. At a…

Startupbootcamp AfriTech

Accelerator Firm, Startupbootcamp AfriTech Announces Investor Syndicate

An investment syndicate and mentor-led angel community have been established by the pan-African Startupbootcamp AfriTech accelerator to link businesses with financiers and operational mentors. Startupweek Launched in 2017 as the first pan-African startup accelerator supported by many corporations, AfriTech launched the Africa Startup Initiative Programme (ASIP) in March 2021 to assist the next generation of…

#Coding4Mandela

South Africa: Primary School Team Among Winners of #Coding4Mandela World Championship

The #Coding4Mandela competition took place online on Tuesday, December 5, the tenth anniversary of Nelson Mandela’s death. Prior to the competition, the Leva Foundation produced a report in which it stated that students were required to practice using the RANGERS coding app. There are interactive tasks on the app. The programmers had to tell an…

MMTC Smart Cities

MMTC Shares Plans to Build 3 Additional Smart Cities in Africa

The shipments of new construction equipment for the new smart cities in Congo, Botswana, and Sierra Leone, which are scheduled to start in January 2024, are being finalized by Mwale Medical and Technology City (MMTC). The building will take place after the first Marathon at MMTC, which is set for December 16, 2023, at MMTC…

WhatsApp

WhatsApp Will Soon Allow Android Users Share Status Updates to Instagram

As the name suggests, WhatsApp’s latest feature for locked chats allows users to conceal their conversations behind a secret code. It has also been stated that the platform is developing a number of additional features. According to reports, WhatsApp is bringing back the ability to “View Once” images and videos on both the desktop and…

Market segmentation

Segmentation Criteria: The Key to Effective Market Research

Market segmentation is the process of dividing a target market into groups of consumers with similar needs and preferences. By understanding the different segments of their target market, businesses can develop more effective marketing campaigns and achieve their business goals. Refer to my last update on MVS- Minimum Viable Segment. One of the most important decisions…

FINCA Ventures Prize

FINCA Ventures Prize applications are invited from African social entrepreneurs.

Applications for the FINCA Ventures Prize, which will give prizes of up to US$70,000 to initiatives addressing global poverty, are being accepted from African social entrepreneurs. FINCA Ventures is the impact investing arm of FINCA International, a non-profit microfinance organization that has been fighting poverty for over 40 years. It supports early-stage businesses in Latin…