Ampersand partners BYD

Ampersand partners BYD and Rwanda to collaboratively electrify Africa’s transportation infrastructure

The publicly traded Chinese multinational manufacturing business BYD and the Kigali-based electric transport energy startup Ampersand have joined forces to work on decarbonizing the commercial motorbike transport system in Africa. Founded in 2016, Ampersand builds and funds electric motorcycles that are more affordable to purchase and run than the five million gasoline-powered motorcycle taxis that…

Peter Oluka and NIPR
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NIPR Inducts Techeconomy’s Editor Peter Oluka, 604 others as Members

Peter Oluka, the editor of Techeconomy, was among the 605 new members inducted into the Nigerian Institute of Public Relations (NIPR) during its 60th anniversary celebration. The induction ceremony, held as part of a week-long event culminating in an International Colloquium on June 20, 2024, took place in Garki, Abuja. Speaking at the event, Dr. Ike…

Sophos
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76% of Companies Improved Their Cyber Defenses to Qualify for Cyber Insurance, Sophos Survey Finds

Recovery Costs from Cyberattacks Outpace Insurance Coverage Sophos, a global leader of innovative security solutions for defeating cyberattacks, today released findings from its survey, “Cyber Insurance and Cyber Defenses 2024: Lessons from IT and Cybersecurity Leaders.” According to the report, 97% of those with a cyber policy invested in improving their defenses to help with…

Creative Business Cup Nigeria

Call for Applications: Young Entrepreneurs: Creative Business Cup Nigeria 2024 (1 million naira grant)

Creative Business Cup is a global, year-round initiative that empowers entrepreneurs in the creative industries by supporting the development of their business ideas, introducing them to investors and international markets, and enhancing their capacity for innovation for the good of business and society. It is much more than just a competition. The Creative Business Cup…

AI Business Productivity
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How AI Can Accelerate Your Business Productivity and Growth

Artificial Intelligence (AI) has become a powerful tool that significantly contributes to the growth and success of any business. In today’s highly competitive business landscape, leveraging AI can be a game-changer for businesses to fuel their productivity and growth. There are AI-powered tools that are useful for a variety of applications in business for performance…

LinkedIn AI Tools
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How to Use LinkedIn AI Tools to Find a Job

Artificial intelligence tools have undoubtedly been appearing on a variety of platforms, gadgets, and apps in the recent past. LinkedIn is also eager to keep up with the rush to make everything as AI-enhanced as possible. It is a social network for professionals to connect and find work. Nevertheless, it should be noted up front…

MIT Foundry Fellowship

The 2024–25 MIT Foundry Fellowship cohort is now accepting applications.

The MIT Foundry Fellowship cohort for 2024–25 is currently accepting applications from established businesspeople who are dedicated to spearheading the expansion and integration of Africa’s innovation and entrepreneurial ecosystems. The MIT Foundry Fellowship is intended for leaders with integrity who want to spark inclusive growth and systemic change throughout Africa. Each year, ten to fifteen…

Smart Cities, Facial Biometrics

Smart Cities, Facial Biometrics and Security Infrastructure

Being the catalysts of growth, smart cities are founded on a technology-powered infrastructure. Digitization in global economies has led the way to a transformative shift to smart security, universal convenience and accelerated advancements. By 2026, smart cities have been expected to generate an economic benefit of USD 20 trillion globally. Unfortunately, crimes and offenses are…

Breega

European seed capital firm Breega establishes a $75 million fund with an emphasis on Africa

With the goal of becoming the top early-stage investor in African entrepreneurs, Breega, one of the fastest-growing early-stage funds in Europe, has announced the opening of its first African fund, “Breega Africa Seed I.” The Paris-based Breega, which also has offices in London and Barcelona, closed its first fund in 2015 and now manages $700…

AfriLabs and the Korea-Africa Foundation
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AfriLabs and the Korea-Africa Foundation have formed a strategic alliance to promote innovation in Africa.

AfriLabs, an African hubs network, and the Korea-Africa Foundation have inked a memorandum of understanding (MOU) for a strategic cooperation that aims to propel innovation and economic growth throughout the continent. AfriLabs is a network organization that brings together investors, startups, technology hubs, and other important players in the ecosystem with the goal of promoting…

THRIVE Global Impact Challenge

Agrifood startups in Africa are invited to apply for the $1 million THRIVE Global Impact Challenge.

The US$1 million THRIVE Global Impact Challenge, which aims to assist the transition of agriculture to a net-zero future, is open to African agrifood entrepreneurs. A global search for creative enterprises promoting a more sustainable future for agriculture is underway with the THRIVE Global Impact Challenge. The five main themes of the Global Impact Challenge…

10k2Startup initiative

African entrepreneurs are eligible to apply for 10k2Startup initiative funding, up to $50k.

Applications for the 10k2Startup initiative are now being accepted from African entrepreneurs. This program seeks to provide cash and other forms of support to businesses that are tackling real-world issues, with a target range of $10,000 to $50,000. Established by Julius Nkansah Owusu-Kyerematen, the leader of Google’s multi-channel mid-market skills, 10k2Startup acknowledges that money and…

Meta Llama 3.1 Impact

Meta Announces Llama Impact Innovation Awards to Support AI-Driven Organisations in Africa, Middle East and Turkey

Today, Meta announced the launch of the Meta Llama (Large Language Model Meta AI) Impact Innovation Awards, building on its commitment to open science and empowering developers in every industry to drive breakthroughs, create new products and solutions, and benefit from accelerations in technological advancement and economic growth. The Meta Llama Impact Innovation Awards supports…

AI artificial intelligence,
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AI PCs Enter the Mainstream Market

Tuesday saw the release of a new range of PCs designed specifically to run artificial intelligence applications, as tech companies work to promote the broader use of AI similar to ChatGPT. Microsoft unveiled its AI-powered personal PCs in May. These machines will run the Copilot Plus brand of software developed by the business. The goal…

ChatGPT

How to analyze PDFs for free using ChatGPT

Even though Microsoft and Google have introduced their own chatbots, ChatGPT is still one of the greatest and most popular generative AI chatbots available today. A few weeks ago, OpenAI updated ChatGPT with GPT-4o, enabling free tier users to access services including file uploads, data analysis, vision, browsing, and vision. This implies that users of…

MTN ACE Skills Program

Invitation to Apply: MTN ACE Skills Program 2024

MTN ACE is a nationwide youth-centered economic empowerment program that impacts the relevant skills and creates opportunities for the youth. They program is designed for fresh graduates, those in and out of school, innovators, entrepreneurs well as tech-driven start-ups. The programs constitute; The MTN ACE initiative is an invention of the MTN Uganda Foundation, executed in…

Trend Micro

Trend Micro to Secure AI-Enabled Private Data Centres Worldwide

…New security solution using NVIDIA NIM revealed at COMPUTEX Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced plans to demo a new data centre solution, using NVIDIA technology, for security-conscious business and government customers harnessing the power of AI. This is just one of multiple AI security solutions being shown for the first time…

NCC

NCC’s Suspension of Certain Telecommunications Licences

The Nigerian Communications Commission (NCC) temporarily suspended license issuance in three telecom categories. The suspension of these licences might raise eyebrows. However, facts have emerged on why the regulatory body took the decision. The three categories of licences suspended are Value Added Services (VAS) Aggregator Licences, Interconnect Exchange Service Licences and Mobile Virtual Network Operator…

LinkedIn

LinkedIn Launches New AI-Powered Functionalities to Help Professionals Find Jobs

LinkedIn is launching a number of new artificial intelligence (AI) tools to help members with personalized learning and job searching. These artificial intelligence (AI) powered tools were unveiled on Thursday. They include a Jobseeker Coach that can find the ideal job for users based on a text prompt, a tool to analyze applications and resumes,…

WhatsApp Announces Improved Video Calling

WhatsApp announces improved video calling features for mobile and desktop apps.

On Thursday, WhatsApp revealed a number of enhancements to its video calling service for desktop and mobile users. From the previous limit of merely eight participants on the WhatsApp Desktop client, the participant limit for group video calls has been increased across platforms to up to 32 users. Apart from the augmentation of the video…

Microsoft Security

Apply for the 2024 Microsoft Security Free Certification & Training

Cybercriminals’ dangers are always changing along with the digital terrain. Cybersecurity expertise is more in demand than ever in the modern world. Microsoft offers a variety of free cybersecurity training courses, suitable for both novices and seasoned IT professionals seeking to broaden their skill set.The goal of this program is to give participants the abilities…

Dr. Bosun Tijani, minister of Communications, Innovation and Digital Economy; Kashifu Inuwa, director general, National Information Technology Development Agency (NITDA), and Adesola Akinsanya, president, Nigeria Internet Registration Association (NiRA)

Nigeria Ranks Second as Africa Domain Name Registrations Hit 4.33million

Latest Africa Domain Name Industry Study has ranked Nigeria in second place. In the latest study commissioned by the Internet Corporation for Assigned Names and Numbers (ICANN) in collaboration with PowerSoft Africa, Nigeria moved up to second place in the Africa Domain Name Industry. Similarly, African country code Top-level Domains report shows 4.33million registrations as…

unior Achievement Nigeria Venture in Management

Call For Applications: Junior Achievement Nigeria Venture in Management Program 2024 (All expenses paid Business Management Program)

The Venture in Management Program (ViMP) is an annual, week-long, intensive program created by JA Nigeria in collaboration with Lagos Business School (LBS) to prepare recent graduates of no more than 27 years old and selected NYSC members for the workforce. The program exposes participants to the various aspects of managing a business, helps them…

the era of bitcoin

Bitcoin’s Impact on Global Financial Regulation: A New Era

The advent of Bitcoin and other cryptocurrencies has ushered in a transformative era in the global financial landscape. Initially conceived as a decentralized digital currency, Bitcoin has grown to influence a wide array of sectors, including finance, technology, and regulation. This article explores how Bitcoin is reshaping global financial regulation, the challenges it presents, and…

FATE Foundation

FATE Foundation Reports Two-Year Futuremakers Project Completion

The Aspiring Entrepreneurs Programme (AEP) Future Makers Edition, funded by Standard Chartered Foundation (SBF) and assisted by Youth Business International (YBI), has concluded, according to a statement released by FATE Foundation. Standard Chartered Bank’s (SCB) global project, Futuremakers by Standard Chartered, aims to address inequality and encourage increased economic inclusion for adolescents in marginalized communities,…

Mrs. Busayo Balogun, Head of Technical Services at NiRA, during her presentation at ICANN80

ICANN80: Total .NG Domain Names Surpass 225,000

…NiRA receives rousing recognition at ICANN80 The total domain names of the .ng registry have increased to 225,533, according to data made available by the Nigeria Internet Registration Association (NiRA). NiRA the registry for .ng Internet Domain Names and maintains the database of names registered in the .ng country code Top Level Domain (ccTLD). A team led…

Startup
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How to Develop Your Spirit of Entrepreneurship and Maintain It Long After Your Startup Is Successful

Risk-taking, those large bets made early on as startups to differentiate themselves from the competition, is the foundation of all prosperous organizations. After they are established, businesses usually strive to capitalize on their newfound size while maintaining this spirit of entrepreneurship. The issue is that risk aversion frequently accompanies progress. Even though many big businesses…

Intel and the AfDB
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Intel and the AfDB will train 3million Africans AI.

The technology titan Intel and the African Development Bank have announced plans to train 30,000 government officials and three million Africans in artificial intelligence. The agreement reached at the bank’s recent annual meetings in Nairobi, Kenya, would aid in developing a critical mass of Africans skilled in Fourth Industrial Revolution (4IR) skills, accelerating growth and…

use ChatGPT with Google Drive

How to use ChatGPT with Google Drive to manage files with AI assistance

ChatGPT has quickly emerged as a revolutionary in the AI space. Importantly, the OpenAI platform can free up time in addition to providing recommendations and question-answering. See how AI can revolutionize your everyday chores by reading our comprehensive guide to ChatGPT’s top features. However, integrating ChatGPT with your Google Drive can completely change the way…