African Impact Challenge

African Impact Challenge is now accepting applications.

Applications are now available for the African Impact Challenge, which supports participants in developing market-creating ideas that utilize technology to address the greatest challenges facing the continent. The African Impact Challenge is expanding to South Africa this year and introducing a pan-African health-focused stream, after a pilot in Ghana in 2020, a challenge in Kenya…

ShEquity

The 4th edition of ShEquity’s female-focused accelerator program is now accepting applications.

Applications for the fourth iteration of the ShEquity Business Accelerator have been opened by African investment firm ShEquity Partners, which focuses on women (SHEBA). ShEquity is an investment company that makes wise investments in Sub-Saharan African companies run and managed by women that are innovative, effective, and scalable. Through de-risking African female-led businesses, making them…

Saadi Kermani, VP, Cloud Platform and Digital Business, AVEVA
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AVEVA Commits to Subscription Transition to Foster Flexible Industrial Innovation

 Customers can trade-in perpetual licenses for subscription access to AVEVA’s entire portfolio   Benefits include lower upfront costs, faster ROI, improved scalability, and greater business agility  By 2025, the global leader in industrial software aims to transition 80 percent of customer licenses to a subscription business model AVEVA, a world leader in industrial software, has announced…

Augmented Reality and Virtual Reality

Augmented Reality and Virtual Reality: The Future of Immersive Technology

Explore the future of immersive technology with augmented reality and virtual reality. Learn how these technologies are revolutionizing industries. Get insights on the latest trends, challenges, and opportunities in AR and VR. Augmented reality: Augmented Reality is the combination of digital world with real elements. It is a trending technology that is equally suitable for mobile…

WAEC

As WAEC Prepares to Launch its Revolutionary Platform, EduStat

The prestigious examination body in Africa, the West African Examinations Council (WAEC), is on the verge of an epoch-making event. With over 40 million tested candidates in the last 71 years of its operations, WAEC in partnership with Sidmach Technologies, an ICT firm that develops and deploys software solutions at scale to solve high-impact business…

IBM Sustainability Accelerator

Application is now Open for the Next Cohort of the IBM Sustainability Accelerator to Accelerate Global Water Management Solutions

The second cohort of the IBM Sustainability Accelerator, which will concentrate on water management solutions, is now taking submissions, according to a statement from IBM. This program uses IBM technologies, including hybrid cloud and artificial intelligence, as well as a network of specialists to improve and scale initiatives aimed at protecting vulnerable populations from environmental…

linkedin- AI chatgtp

Linkedin Introduces new GPT-powered Tools to Simplify Writing Suggestions, Job Descriptions

When LinkedIn began distributing “AI-powered conversation starters” earlier this month to increase engagement on its platform, the move saw more than a little engagement of its own, none of it particularly favorable. Yet the reality is that LinkedIn has been heavily utilizing AI and other forms of automation throughout various elements of its platform for…

Peter Oluka TechEconomy

Nigeria – a Nation in Need of Accurate Education Statistics

Education data typically involves data compiled from schools on graduation rates, drop-out rates, test score averages, and the most vital – external examination performances. Often, education data is used to measure the success of a State, Region, Institutions or Individuals and benchmark them against others to improve your own work, products, or processes. Nowadays, most…

Sophos
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Sophos Demonstrates How to Make ChatGPT a Cybersecurity Co-Pilot

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
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Hyperspace Technologies Launches Keymaster VAULT: A Low-Cost, NFC- Based Hardware Wallet for the African Market

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…

OnePipe

TLG Capital Partners With OnePipe Nigeria to Unveil N2.25 Billion Credit Facility for Businesses

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…

Green Entrepreneurship Awards

Application is now Open for The Green Entrepreneurship Awards 2023

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

Almentor, Egyptian Ed-tech Startup Secures $10m Funding to Promote Growth

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…

Connected Banking Summit
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7th Edition Connected Banking Summit East Africa – Innovation & Excellence Awards 2023 Concludes with Resounding Success

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…

672 Million Fund

The Nigerian Government Announces a $672 Million Fund for Tech and Creative Entrepreneurs

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

Pandascrow, Nigerian Fintech Startup Unveils Escrow Payments Solution

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…

Dream VC

Dream VC Rolls out its 3rd Talent Accelerator Programme for Aspiring African Startup Investors and VC Professionals

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…

uLesson

Nigerian Edtech Startup, uLesson Announces an Open University Offering Tech-related Undergraduate Courses

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…

ChatGPT

ChatGPT: General Motors to Integrate AI Chatbot in Vehicles

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

The Nigerian Federal Govt Approves ‘Omeife’ Humanoid Robot for Promoting Digital Literacy

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

Impacc Vows to Support 6 Innovative Kenyan Social Businesses With Around $30,000 – $150,000

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
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Sophos Endpoint Security Advancements Improve Cyberthreat Defenses and Streamline Management

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…

Andela

Andela Acquires Top Technical Skills Assessment Platform with Credentials

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…

GrammarlyGo
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Meet Grammarly’s Generative AI Tool for Improving Communication, GrammarlyGo

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…

African Energy Chamber

African Energy Chamber Announces Initiative to Celebrate and Equip Women in the Energy Sector

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…

Nigeria is the First African Country to Have an Open Banking Regulation

Nigeria is the First African Country to Have an Open Banking Regulation

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…

cryptocurrency
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Can Nigerian Companies Begin Using Cryptocurrency As A Form Of Payment?

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…

Humane co-founders Bethany Bongiorno and Imran Chaudhr

AI startup, Humane Inc. Secures $100 million in a Series C Round Without a Product

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

ALX Joins Forces With Mastercard to Unveil Initiative to Bridge Tech Gender gap in Africa

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…