Sophos, a global leader in innovating and delivering cybersecurity as a service, today released new research on how the cybersecurity industry can leverage GPT-3, the language model behind the now well-known ChatGPT framework, as a co-pilot to help defeat attackers. The latest report, “Applying AI Language Processing to Cyber Defenses,” details projects developed by Sophos…
Hyperspace Technologies (https://hyperspace.ng), a Lagos-based Web3 startup specializing in next-level smart security infrastructure and key management systems, today announced the launch of its groundbreaking product, the Keymaster VAULT (https://keymaster.ng). Designed to cater to the African market, Keymaster VAULT is a secure, NFC-based hardware wallet that stores private keys offline, offering an affordable and user-friendly alternative to expensive and…
Today, TLG Capital, a pan-African alternative investment firm, declared that it has teamed up with OnePipe to offer finance services to Nigeria’s unorganized sector. OnePipe, a Nigerian financial infrastructure company, used the company’s technological platforms to enable traditional businesses to integrate financial services into their operations. The company offered up to 2.25 billion Naira in…
The Adelphi green entrepreneurship team is currently accepting applications for the 2023 Green Entrepreneurship Awards. The Awards will provide assistance to eco-inclusive and circular firms to scale their company expansion while also improving local communities’ capacity to adapt to the effects of a changing environment. The Circular Economy Awards by Circular Economy Catalyst are focused…
Almentor, the top Arabic-language online video learning platform, has acquired $10 million in pre-Series C fundraising from investors to help it develop faster and reach its target of servicing 10 million learners in the MENA area. Since its founding in 2016, almentor has collaborated with more than 950 eminent professionals to produce more than 1,000…
The Summit brought together the best and brightest minds in the banking, financial services, fintechs and techfin sectors. The event, which took place on 7th March 2023, featured insightful speakers, award-winning companies, and top-notch sponsors. Attendees were treated to a range of informative sessions, covering topics such as digital transformation, cybersecurity, and risk management. The keynote…
To encourage entrepreneurship and the development of jobs in Africa’s largest economy, the Nigerian government has established a $672 million fund that is specifically aimed at young businesspeople in the technology and creative sectors. Vice President Yemi Osinbajo introduced the Investing in Digital and Creative Enterprises Programme (I-DICE) initiative on Tuesday, March 14, 2023. It…
Pandascrow, a Nigerian fintech startup, has unveiled a platform for payments solutions based on escrow technology to aid African businesses in expanding, from start-ups to market leaders in the commerce sector and beyond. Pandascrow was founded in response to the CEO, Precious Tom, and a number of other core team members’ traumatic experiences, which began…
Aspiring African investors can now apply to Dream VC’s venture capital programs, which were just announced for the year 2023. Dream VC co-founder Mark Kleyner commented on the debut in 2023 and said, “Understanding how to invest or support startups with operational questions in emerging markets is already very difficult. Many aspiring startup investors are…
With the establishment of Miva Open University, the Nigerian edtech startup uLesson, which offers online K–12 education across Africa, is moving into postsecondary education. The pan-African distance learning university will be a degree-granting institution with full licensing, offering undergraduate courses in software engineering, cyber security, data science, and computing. Moreover, it will contain a school…
According to a business executive who spoke to Reuters, General Motors is investigating uses for ChatGPT as part of its broader partnership with Microsoft. According to GM Vice President Scott Miller, “ChatGPT is going to be in everything” in a recent interview. According to Miller, the chatbot may be used to program features like a…
Omeife, a humanoid robot, has been given permission by the federal government to be used to enhance national digital literacy. The Uniccon Group of Companies created Omeife, a female-appearing humanoid robot that can speak Pidgin, Yoruba, English, French, Arabic, Kiswahili, Hausa, Igbo, and Afrikaans. It is the first humanoid robot made in Africa. Yau Isa…
Impacc gGmbH has published a call for applications for its third venture cohort of investment in innovative entrepreneurs in Rwanda, Uganda, and Tanzania who will receive a smart equity investment to scale their firms. Impacc gGmbH supports local, green enterprises in Africa. The investment will range from $30,000 to $150,000 and will focus on six…
Sophos, a global leader in innovating and delivering cybersecurity as a service, today introduced innovative advancements to its portfolio of industry-leading endpoint security offerings. New adaptive active adversary protection; Linux malware protection enhancements; account health check capabilities; an integrated zero trust network access (ZTNA) agent for Windows and macOS devices; and more improve frontline defenses against advanced cyberthreats and streamline endpoint…
In order to find, qualify, and certify top engineers, Andela, a global network for remote technical talent, has acquired Qualified, the premier technical skills assessment platform. With the acquisition of more than 3.6M engineering users from Codewars, a Qualified-powered online community that allows technical talent to compete and hone their practical coding abilities in gamified…
A new generative AI tool called GrammarlyGo is being added to the artificial intelligence (AI) arsenal of Grammarly, a firm that offers a real-time spelling and grammar checking tool. Starting in April, the majority of Grammarly users will have access to this communication-improving tool. Rahul Roy-Chowdhury, Global Head of Product at Grammarly, claims that ineffective…
Meta will attempt to join any social media trend that starts to gain traction. After observing the success of other platforms, the corporation has been seen to mimic a variety of formats, from Stories to brief videos. The business founded by Mark Zuckerberg is currently developing a decentralized text-based app. In a statement, Meta acknowledged…
The African Energy Chamber created The African Women Business Energy Network project to honor and empower women in the energy sector in honor of International Women’s Day. The African Women Business Energy Network (AWBEN) is a platform established to support women’s career growth in the energy sector by linking them and women-owned businesses in the…
The operating parameters for open banking have been accepted by the Central Bank of Nigeria (CBN), launching an open banking system in Nigeria. Nigeria is the first nation in Africa to establish an Open Banking regulation as a result of this regulation. On March 7, 2023, Musa Jimoh, Director of the CBN’s Payments System Management…
Nigeria’s adoption of cryptocurrency is nothing new. Nigeria has actually been a handy location for the cryptocurrency market despite the Central Bank of Nigeria’s ban on cryptocurrencies. Despite this, Nigerians keep embracing cryptocurrencies widely. But before I delve into how Nigerian businesses can use crypto as a payment method, I will explore the use of…
Imran Chaudhri and Bethany Bongiorno, co-founders of the business Humane, which was created by the former Apple design and engineering team, have received an additional $100 million to develop what they refer to as an “integrated device and cloud services platform” for AI. Humane’s work is shrouded in obscurity. But its most recent round of…
ALX, a technology training company with a focus on Africa that provides young Africans with technical and professional skills, has collaborated with Mastercard to introduce a fully sponsored Software Engineering training program with a target audience of 50 000 women worldwide. The United Nations International Women’s Day (IWD) theme, “DigitALL: Innovation and technology for gender…
In honor of International Women’s Day, Google today unveiled three fresh projects focused on empowering and supplying African women business owners with the tools they require for success. Among the initiatives are the Hustle Academy for Women-Led Businesses, the Google for Startups Accelerator Africa: Women Founders Cohort, and a social media campaign honoring influential women…
Over the past seven years, Nairobi-based Villgro Africa, an early-stage investor and business incubator with a focus on health and life sciences, has invested over $1.36 million in 36 Kenyan healthcare startups. As part of its regional expansion, Villgro Africa now plans to open a Biotech Innovation Hub. The annual 2023 Sankalp Summit, which released…
A $4 million Series A fundraising round, led by AK Holding and included Al-Wazzan Educational Group, Rasameel Investment House, and other investors, has been secured by Baims, a prominent edtech firm in the MENA area. The organization works in Saudi Arabia, Kuwait, Jordan, Bahrain, and Turkey with the goal of giving university and high school…
WhatsApp has been seen working on a feature that would allow users to regain valuable smartphone storage space. The instant messaging service is developing a function that will let users specify a time limit for group talks. This future feature is mentioned in the most recent beta of WhatsApp for iOS, but the Meta-owned messaging…
A new workshop has been introduced by Microsoft Africa Development Centre (ADC) and Microsoft Leap that was built especially for university professors who instruct technology-focused courses. With the help of this program, university instructors will have the opportunity to work with other educators, develop their abilities, and discover best practices they may use in their…
An $8 million seed fund dubbed EchoVC Chain has been formed by EchoVC, a Lagos-based early-stage venture capital firm that invests in underrepresented founders and underserved industries. EchoVC Chain is targeted at blockchain investments in Africa. The business, which has invested in around 40 businesses in a variety of global areas, made its initial blockchain…
Although while it is debatably still “a man’s world,” particularly in the tech industry, Nigerian women are undoubtedly doing their share and doing it well enough to attract attention from around the world. These are the seven female business founders from Nigeria who have made the Aurora Tech Awards 2023 shortlist. The AURORA Tech Awards…
Samsung has announced the new Galaxy A14 with the latest innovation and technology that has become synonymous with Galaxy smartphones. This latest Galaxy A series comes with a large screen, an awesome camera and all the essentials you need to stay connected. It looks and feels awesome as it delivers a truly special performance from…