The Obuntu Foundation has announced the second class of its Africa-focused emerging venture investor fellowship. In order to stimulate creativity and economic progress in Africa, the Obuntu Foundation launched the Obuntu Launchpad Fellowship, which is co-designed and delivered by African and global professionals in venture capital. The Launchpad’s sessions are led by leaders from leading…
“We want Anambra to be known as a destination for innovation, the next Startup State, home for digital Talents, the home of the smart digital tribe” Ms Chinwe Okoli, the Special Adviser to the Governor of Anambra State on Innovation and Business Incubation addressed the global innovation ecosystem leaders at the 40th IASP World Conference…
Founded in 2019 by Ifeoma Uddoh, Shecluded is Africa’s first female-focused Fintech company that provides funding (debt and equity), asset-building tools, and financial education for African women. They are focused on bridging the inequality gap by providing equal opportunities and a level playing field for women to dream and become. They provide female entrepreneurs with…
Local tech businesses are becoming a more significant factor in South Africa’s economic expansion. These entrepreneurs are creating ground-breaking answers to some of the most critical issues facing the nation, including inequality, poverty, and unemployment. By generating jobs, tech companies are one way that they help the economy flourish. In May 2022, the 490 digital…
In a brand-new competition that focused on using robots to clean up the environment, South African youngsters demonstrated their robotics expertise. The robotics program at Reddam House Bedfordview is booming and incorporates both extracurricular and core curriculum activities. At the most recent Inspired Builds International Robotics Competition, the school won first place in three age…
The Committee of Vice Chancellors of Nigerian Universities (CVCNU) has asked the Nigeria Data Protection Commission (NDPC) to collaborate on building capacity for vice chancellors and data officers in universities as part of steps to safeguard student data across Nigerian universities. At a courtesy visit by CVCNU members to Dr. Vincent Olatunji, the National Commissioner/CEO…
Users in India and other nations are starting to receive WhatsApp Channels, the newest feature of the Meta-owned messaging app designed to boost engagement. These channels, which are intended as a one-way broadcast tool, let users share updates with several WhatsApp users. Currently, viewers can use a directory to look for a channel made by…
In the digital economy world, where payment transactions happen at light speed across different regions, the threat of fraud looms larger than ever. As users constantly embrace online payments, as a result of the convenience and speed they offer, the digital payment industry has become a primary focus for internet fraudsters. The increase in cyber-attacks has…
According to persons familiar with the situation, the Wall Street Journal revealed on Sunday that Meta Platforms is developing a new artificial intelligence system that aims to be as powerful as the most sophisticated model made available by OpenAI. According to the Journal, the Facebook parent is planning to get its new AI model available…
Applications for the Presidential Digital Talent Programme (PDTP) Cohort VIII are now being accepted, according to the ICT Authority. Recent university graduates who are passionate about ICT and public service are invited to participate in the Authority’s 12-month internship program in both the public and commercial sectors. A Public-Private Partnership is offering the internship program…
As Artificial Intelligence (AI) sweeps the globe, Rwanda will play host to a major technology firm that will perform AI research and develop AI solutions for Africa. On September 8, CEO Karim Beguir announced during an annual gathering of the African machine learning and artificial intelligence community with the goal of strengthening African AI that…
A number of US authors, including Pulitzer Prize winner Michael Chabon, have filed a lawsuit against OpenAI in federal court in San Francisco, alleging that the Microsoft-backed program improperly used their writing to train ChatGPT, its well-liked chatbot powered by artificial intelligence. In their lawsuit filed on Friday, Chabon, playwright David Henry Hwang, and writers…
The first direct air capture (DAC) company in the Global South is the Kenyan startup Octavia Carbon. It designs, builds, and will shortly deploy devices that directly harvest CO2 from the atmosphere. Octavia Carbon, a company founded in March 2022 with the goal of “reversing climate change,” is using Kenya’s renewable energy resources, geology, and…
The Beyond Limits Fellowship For Founders aims to pave the way for aspiring entrepreneurs by encouraging creativity and resilience in Africa’s thriving startup ecosystem. Individuals chosen for the Beyond Limits Fellowship For Founders will participate in a six-week immersion experience that combines informative online sessions with hands-on learning in Lagos, Nigeria. The program has been…
AltSchool Africa, a Nigerian skill-to-market platform, has expanded its learning faculty to include creative economy and business schools, following an amazing 40% completion rate in its first year. AltSchool, founded in 2021 by Adewale Yusuf and Sultan Akintade, co-founders of another Nigerian ed-tech business TalentQL, intends to provide Africans with in-demand tech and employability skills…
The Loveworld Institute of Innovation and Technology (LIIT) is proud to announce the upcoming “Future of Payments and E-Commerce Conference 2023” (PayCom 2023), set to take place on 11th October 2023 at the Oriental Hotel in Lagos, Nigeria. The theme for this event ‘Leveraging the Power of Contactless Payment for Financial Inclusion’. This prestigious event…
A Nigerian firm is making waves with its ground-breaking project in an effort to establish a welcoming and digitally-driven business climate in Nigeria, establishing the nation as a hub for the continent’s expanding digital and service industries. Notably, Nigeria is well-known for its privately and publicly run free zones that have attracted manufacturing, oil, and…
A new $1 billion fund has been established by the African Development Bank to speed up climate funding for the continent’s young firms. Akinwumi Adesina, president of the African Development Bank, made the announcement at a high-level intergenerational dialogue titled “Africa Driving Climate Adaptation Solutions and Jobs” that took place on the outskirts of Nairobi…
The General Application and Implementation Directive (GAID) was officially launched on Monday, September 4, 2023, by Dr. Vincent Olatunji, National Commissioner of the Nigeria Data Protection Commission. The Commission is taking a number of crucial regulatory steps, including the NDP Act GAID, to guarantee a smooth compliance process with the Nigeria Data Protection Act 2023….
Sophos, a global leader in innovating and delivering cybersecurity as a service, today announced the Sophos AP6 Series to support the shift to hybrid environments with a new generation of remotely managed Wi-Fi 6 access points. The new offering adds another component to Sophos’ secure access portfolio, which includes Sophos Firewall and Sophos Switch. “With cloud-managed Wi-Fi, Sophos…
Eze is a B2B marketplace for new and used electronics such as smartphones, laptops, wearables, and tablets. It was founded in 2020 by David Iya and Joshua Nzewi. The platform connects telecommunication and global electronic wholesalers, allowing them to trade devices in wholesale quantities with real-time market data and eliminating transaction risk by acting as…
One of the most admirable of cryptocurrency’s many high promises is the possibility of bringing financial inclusion to disadvantaged people. The Nairobi-based Kotani Pay cryptocurrency payments firm wants to make it simpler for the sizable unbanked communities in Africa to send money across borders. A use case that affects the lives of hundreds of millions…
According to Google, Alex Okosi, who is now the regional YouTube head, will take over as MD of Google in Africa. The US internet giant said in a statement on Tuesday that Okosi will be in charge of Google’s operations in Africa, helping businesses and economies on the continent flourish as well as extending access…
African women-led businesses who wish to expand internationally are encouraged to apply to the Women Startup Competition Africa chapter, which has been launched. A nonprofit organization called the Women Startup Competition (WSC) works to give more women-owned enterprises access to funding options. The initiative has aided more than 620 female-founded early-stage businesses in 15 countries…
The stage is set for the largest gathering of fintech stakeholders from around Africa and the globe as the Africa Fintech Summit prepares for its 10th edition. The summit, renowned for fostering meaningful conversations, partnerships and other ecosystem-enabling engagements, is scheduled to take place from November 2-3, 2023, at Ciela Resort and Spa in Lusaka,…
Leading pan-African Banking-as-a-Service (BaaS) provider Anchor has revealed its $2.4 million Seed round, which will be used to introduce new products, improve its infrastructure for licensing and compliance, and assess potential new markets. Goat Capital led the round, which also included FoundersX, Rebel Fund, and other renowned investors. One of them is Y Combinator. The…
This September, during World Literacy Month, Innovation Edge has released a call for startups to submit proposals for funding and strategic support to develop their edtech innovation focused toward enhancing literacy and language acquisition in young children in South African households. Even though many parents lack the tools and resources necessary to give their kids…
Hyperspace Technologies Limited has secured a patent for Blockchain technology-driven Multi-Factor Authentication (MFA). Developed within the Hyperspace Technologies’ research and development (R&D) division, cipherKEY tap2sign™ MFA is a next-generation security system designed to leverage the decentralized nature of blockchain, the robustness of public/ private key cryptography, and the convenience of NFC (Near Field Communication) technology…
The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani in a 2-Day sensitization workshop organised by the National Data Protection Commission (NDPC) held in Abuja recently said that the government is committed to protecting the citizens’ data. The workshop was organized for stakeholders, including heads of government agencies, and members of the Association of…
The British Council’s Digital Library was launched on Thursday, August 31, under the direction of Andrew Mitchell, the UK’s Minister of State for Development and Africa. This initiative is a part of the UK’s attempts to make educational resources “available to all.” Mitchel, who is on a four-day visit to Rwanda, praised the new initiative…