Artificial Intelligence

How startups can integrate artificial intelligence to aid business operations

Understanding Artificial Intelligence (AI) “Artificial intelligence” is a broad term that refers to any type of computer software that engages in humanlike activities – including learning, planning and problem-solving. Broadly speaking, AI can support three important business needs: automating business processes, gaining insight through data analysis, and engaging with customers and employees. How Startups Are Evolving With…

Sophos
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Six months After Launch Sophos’ Industry-First Vendor-Agnostic MDR Service Grows Customer Base by 33%

Sophos Adds Team of MDR Experts in Germany, Expanding Global Footprint of Security Operations Specialists Defenders Have Less Time to Defend; MDR Services Become Critical Cybersecurity Layer as Attacker Dwell Time Decreases, Says Sophos’ Annual Active Adversary Report Sophos, a global leader in innovating and delivering cybersecurity as a service, has announced that its industry-first…

National Blockchain Policy
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The FG has approved the National Blockchain Policy.

The National Blockchain Policy was approved by the Federal Government of Nigeria on Wednesday in Abuja. This was revealed following this week’s Federal Executive Council meeting, which was presided over by President Major General Muhammadu Buhari (retd.) at the State House in Abuja. The Minister of Communications and Digital Economy is Prof. Isa Pantami. The…

whatsapp

WhatsApp Starts Testing Voice Transcription, Chat Lock, and Facebook Status Sharing Features

Three new features are purportedly being rolled out by WhatsApp to beta users. On iOS, the first feature enables users to lock particular chats. Additionally, WhatsApp for Android is testing the capability to directly share your Status with your Facebook friends. Recent beta versions of the iOS app allow beta testers to test a feature…

African Unicorn Award

The #African Unicorn Award for Greentech & Energy goes to Solarise Africa

The renowned African Unicorn Award for Greentech & Energy has been given to the pan-African Energy-as-a-Service company Solarise Africa. The honor acknowledges Solarise Africa’s commitment to the expansion and advancement of green energy technologies in Africa. The African Unicorn Awards honor outstanding businesses that are on track to be valued at $1 billion or more…

iHack4SDG Challenge

Nigerian startups in Lagos can now submit applications for the iHack4SDG Challenge.

In the “iHack4SDG Challenge 2023,” ICAN-BOI, the Institute of Chartered Accountants of Nigeria, and the Bank of Industry will bring together a new generation of creative thinkers from the tech sector to address some of the most pressing Sustainable Development Goals (SDGs). Applications are now being accepted for the iHack4SDG Challenge, which will be physically…

An Nisa Taxi

Kenyan women-only taxi service An Nisa plots Saudi expansion after huge growth

Kenyan taxi service for women An Nisa has 10,000 customers in its native market and is considering an expansion into Saudi Arabia. An Nisa Taxi was established by Mehnaz Sarwar in 2018 and became an app last year. It currently has over 10,000 members. “We cater to ladies and children, and we have a team…

Africa Impact Summit

The Africa Impact Summit will demonstrate how impact investing can improve the continent.

On July 13-14, the National Advisory Boards (NABs) for Impact Investing in South Africa, Ghana, Nigeria, and Zambia will conduct the first Africa Impact Summit at the Cape Town International Convention Centre (CTICC). The hybrid event is titled “Unleashing African Potential Through Impact Investing” and is supported by connected African task groups, the Bertha Centre…

IBM
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IBM will stop hiring in its effort to replace 7,800 jobs with AI in the upcoming years.

According to CEO Arvind Krishna, International Business Machines (IBM) anticipates pausing employment hiring as approximately 7,800 positions may be eliminated by artificial intelligence (AI) in the upcoming years. According to Krishna, hiring in back-office areas like human resources will stop or slow down. He also predicted that in five years, automation and AI might replace…

Peter Oluka joins NiRA Board
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Peter Oluka joins NiRA Board

Peter Oluka (@peterolukai), the Editor of TechEconomy has joined the Nigeria Internet Registration Association (NiRA) Executive Board of Directors (EBoD). Peter, a multi-award winner practicing ICT Journalist was elected at the 15th Annual General Meeting (AGM) cum election held in Lagos on Friday at The Zone, Lagos where Mr. Adesola Akinsanya and Mr. Murtala Abdullahi emerged the new President and…

Samsung Galaxy Watch 5
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More Health Features on the Samsung Galaxy Watch 5 based on the Skin Temperature Sensor Will Soon Be Supported

Recently, Samsung included a skin temperature-based sensor to the Galaxy Watch 5 series’ menstrual health tracker for women. According to reports, the tech giant is currently working on incorporating more skin-temperature-based health-tracking capabilities. However, there are currently no additional details available regarding the update. The menstrual cycle monitoring function, meanwhile, is already available in 32…

Twitter Musk Elon
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According to Elon Musk, Twitter will introduce a per-article payment system for media publishers.

Elon Musk outlined on Saturday an idea for his Twitter platform that would let media producers charge users with a simple click for each item. The billionaire businessman explained on Twitter that this allows readers who wouldn’t sign up for a monthly membership to pay a higher per-article price when they want to read an…

roqqu

South Africa’s regulatory authorities have given the Nigerian cryptocurrency site Roqqu permission to operate.

South African Rand (ZAR) deposits and withdrawals are now possible for users of Roqqu, a Nigerian cryptocurrency exchange platform, in that country thanks to regulatory permission. The goal of Roqqu’s action is to broaden the use and accessibility of cryptocurrencies worldwide and to help usher in a new era of borderless cryptocurrency exchanges. Israel Ololade,…

Elon Musk Twitter

Twitter to Take 10 Percent Cut on Content Subscriptions After 12 Months

As the company looks to monetize content on the website in an effort to diversify its revenue sources, Twitter CEO Elon Musk said on Friday that the social media platform will take a 10 percent cut on content subscriptions after the first year. Earlier this month, social media platform users will be able to sell…

Smart Africa Alliance

Project to improve digital trade across Africa is launched by the African Development Fund and Smart Africa Alliance.

A $1.5 million project to harmonize digital trade and e-commerce regulations across 10 African nations has been launched in collaboration with the African Development Fund and Smart Africa Alliance. A day before the 2023 Transform Africa Summit, which will take place in Victoria Falls, Zimbabwe, from April 26 to 28, the agreement was signed on…

i3

A 2nd call for applications from African companies in healthcare supply chains has been announced by i3.

Leading innovators are needed to join the second cohort of Investing in Innovation Africa (i3), a pan-African program for entrepreneurs creating the future of healthcare supply chains. The i3 initiative, supported by the Bill & Melinda Gates Foundation and AmerisourceBergen, Merck Sharp & Dohme (MSD), Microsoft, and Chemonics, is assisting 60 promising early-stage and growth-stage…

Capria

Capria announces $100 million Global South Fund II’s first closing.

Leading Global South specialist Capria Ventures has announced the first closing of its US$100 million fund. Capria Ventures invests in early-stage Global South firms. In the tech hotspots of the Global South, Capria invests in tech founders with unrestricted aspirations, brings them together into a distinctively collaborative network, and strengthens ties between hundreds of founders…

Africa Food Prize

A $100k Africa Food Prize is now accepting applications.

The US$100,000 Africa Food Prize, which honors a remarkable person or organization that is spearheading the struggle to alter the reality of farming in Africa, is now accepting applications. The Africa Food Prize highlights daring ideas and technical discoveries that can be reproduced across the continent to create new levels of food security and economic…

NFT EPubs

Self-published authors will receive more money and royalties thanks to the launch of the NFT EPubs blockchain platform.

NFT EPubs, a cutting-edge epub blockchain platform, aims to give authors new opportunities to sell royalties and generate passive income. The platform, which makes use of blockchain technology, ensures an additional source of revenue, transparency, security, and fairness in all transactions by giving readers a concrete financial incentive to support their preferred authors and publishers….

Google
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As the AI race heats up, Microsoft and Google outperform first-quarter market expectations.

Alphabet, the parent company of Google, reported a net profit of $15 billion in the first quarter of 2023, exceeding market estimates, indicating that the search engine powerhouse is finding its footing. The IT titan has been put under pressure as a result of a general downturn in advertising spending, over-hiring during a Covid-era boom,…

Peppa

How Nigeria’s Peppa makes social internet shopping in Africa safer

Peppa, a Nigerian startup, is making it safer to shop online in Africa, with a focus on social buying and selling, by offering a payment protection plan that protects buyers from fraud and sellers from losses caused by cancelled orders. Peppa, founded in September 2021 but conceptualized much earlier, allows users to make payments for…

WhatsApp

One WhatsApp account, now across multiple phones

WhatsApp has been making strides in the messaging space since its inception. Last year, they introduced the ability for users to message seamlessly across all their devices while maintaining the same level of privacy and security. Today, WhatsApp is improving its multi-device offering even further by allowing the use of the same WhatsApp account on…

WhatsApp Channels

WhatsApp Channels for Broadcasting Information are supposedly in Development

WhatsApp Channels, a feature that will allow users to broadcast information to several people on the app, is said to be in the works. The business, which recently announced the launch of a function that allows users to “keep” fading messages, may soon provide read-only channels that allow users to post updates that other users…

Intellia

Intellia introduces an AI-driven platform for client vetting and project delivery in emerging markets.

UAE-based Intelllia, a provider of analytical and strategic support for investment and finance institutions, and corporate business development teams, has launched an AI-powered vetting and project delivery platform for finance, strategy and public policy for its clients across emerging markets. teams. With its patented AI-driven analyst vetting, training, and quality control platform, Intellia provides on-demand,…

Stanford Seed

Startups from Africa are welcome to apply for the Stanford Seed program

Startups from Africa are encouraged to apply for the Stanford Seed Transformation Programme, which aims to assist already established companies in expanding. Exclusively for founders and CEOs of businesses with annual turnover of between US$300,000 and US$15,000,000, the Seed Transformation Programme is an innovative, in-person and online learning experience. Businesses throughout Africa and South Asia…

SpaceX Edustat

Edustat Offers EdTech Stakeholders What SpaceX Engineers Found during Starship Rocket Launch

Elon Musk’s SpaceX’s Starship rocket — which could one day carry humans to the moon and Mars — made it some four minutes and 24 miles into the sky before it exploded during its inaugural test flight last Thursday. And yet, even as they watched the world’s largest rocket burst into a fireball, SpaceX engineers…

Bluesky

Jack Dorsey Unveils Android Version Of Twitter Alternative “Bluesky”

According to a story in the New York Post, Twitter co-founder and former CEO Jack Dorsey has built a new Android app named “Bluesky” that will compete with the microblogging service now controlled by Elon Musk. The “social internet” of the future will provide users with more alternatives and artists with “independence from platforms,” claims…

Andela Rwanda

Andela Rwanda launches an apprenticeship program to match talent with Africa’s top businesses.

An apprenticeship program has been launched in Rwanda by Andela, a global network for remote technical talent, with the goal of connecting international businesses with the enormous potential of rising Rwandese digital talent. Companies have the opportunity to expand their teams with graduate apprentices from the Andela Technical Leadership curriculum (ATLP) during the 12-week curriculum….

Vittas

How Nigeria’s Vittas uses machine learning to streamline the loan issuance process.

Vittas is a digital lender founded in Nigeria that uses partnerships and machine learning to make loans. Sulav Singh and Collins Uche founded Vittas in July 2019, and the company’s first loan was disbursed in January 2020. Vittas created an inventory finance solution for Nigerian healthcare providers that enables them to buy drugs and medical…