If a company is structured like a rainforest ecosystem, it will already have the internal resilience to handle unanticipated circumstances, such as the CEO and the rest of the C-suite being fired by the board of directors. That is precisely what happened at one of my former employers, where the board of a medical clinic…
A Nigerian, Mrs. Eyitayo Iyortim, has been appointed as the new chairperson/president, Africa Top Level Domains [AfTLD]. According to a report by Techeconomy, AfTLD confirmed the appointment, by the Organisation Executive Committee, of Mrs Iyortim from Nigeria (.NG) as the Chairperson of the Executive Committee and President of the Organization. She will be deputized by Prof Idrissa…
Ijesha Digital Innovation Hub has announced the graduation ceremony of its first cohort of trainees. The landmark event will take place on Monday, July 8th, 2024, starting promptly at 2:00 PM at the Royal Park Hotel on the beautiful campus of Olashore International School, Iloko-Ijesa. In a press statement on Friday, Dr Adewale Alonge, Vice President, IGAD,…
Many small business owners are still attempting to implement an artificial intelligence (AI) strategy in an effort to boost automation, increase efficiency, and encourage creativity among their staff members. It’s evident, therefore, that if these organizations don’t maximize AI’s potential, they run the risk of falling behind. Analysts predict that small enterprises will shortly realize…
The Innovate2PREVENT Innovation Contest, which aims to encourage and inspire creative minds worldwide to develop novel, inclusive, and data-driven circular business models, is open to African entrepreneurs. The Innovate2PREVENT program, run by Yunus Environment Hub on behalf of the PREVENT Waste Alliance, enables forward-thinkers, innovators, and environmentalists to present and promote their creative solutions that…
Business growth worldwide is increasingly being influenced by data-driven innovation. In Kenya, for instance, private and public institutions are also gradually turning to generative AI to take more control of their processes and data. This is particularly evident in the area of application development. With large language models (LLMs) trained on billions of coding parameters,…
The times are hard. Everyone has been feeling the pinch from rising costs, with 70% of workers reporting they don’t make enough. As a result, an increasing number of people are looking for side income opportunities. But where do you begin with so many possibilities available? This is where ChatGPT—yes, the AI tool you’ve been…
Your ability to create engaging PowerPoint presentations can make you stand out from the competition at work or in the classroom. Gaining presentation skills can open up new doors for business owners, professionals, and students. You may develop excellent presentations and pick up new talents by using ChatGPT to learn new things. This post will…
Public Wi-Fi is quite popular at cafés, airports, or abroad during vacations or business trips. Despite the convenience and perceived necessity of staying connected, these common situations require vigilance to ensure the safety and protection of personal data. To navigate potential risks safely, Kaspersky experts have crafted a set of safe practices for using unrestricted…
Today, Meta announced the availability of two new monetization features for eligible creators in Ghana & Nigeria. In-Stream Ads on Facebook and Facebook Ads on Reels, will enable creators to earn money for crafting original videos and cultivating community. Commenting on the rollout, Moon Baz, Global Partnerships Lead, Africa, Middle East and Turkey (AMET) at…
The artificial intelligence (AI) revolution represents a transformative era, characterised by the rapid advancement and integration of AI technologies into various aspects of society and across key business areas. From agriculture and education to cybersecurity, AI is guiding innovation and transforming industries, and exponential growth in both computing power and data availability are key drivers…
On Thursday, Truecaller revealed an insurance protection plan designed to shield subscribers from mobile fraud. The Truecaller Fraud Insurance plan is available to users who have paid for the Android and iOS versions of the app. Initially launched in India, the new strategy will eventually be extended to other countries. The caller ID platform and…
An army of human trainers who provided guidance on good and negative outputs to the artificial intelligence model underlying ChatGPT was one of the main components that made the bot an explosive success. According to OpenAI, incorporating additional AI into the mix to support human trainers may improve the intelligence and dependability of AI assistants….
Since its November 2022 launch, ChatGPT, OpenAI’s text-generating AI chatbot, has swept the globe. Over 92% of Fortune 500 businesses utilize this massive application, which began as a way to write essays and code with short text prompts to boost productivity. Due to its expansion, OpenAI has become one of the most talked-about businesses in…
Although OpenAI has stated that ChatGPT won’t be receiving sophisticated voice functionality until later this year, it has kept us updated on what to anticipate. The most recent demonstrates the remarkable linguistic abilities of GPT-4o by instructing users in Portuguese. GPT-4o’s remarkable expanded voice capabilities were presented earlier this year at the OpenAI spring update….
Since the environment for applications is still developing and large language learning models (LLMs) are still in their infancy, Africa offers a unique opportunity to shape the future of work. As per the whitepaper on AI and the Future of Work in Africa, which was created by Microsoft in collaboration with a group of industry…
Typing text just doesn’t satisfy the itch that pen and paper note-taking does. Research has indicated that taking physical notes improves memory retention. Having said that, you lose out on the advantages of digital notes when you write things down. You may have the best of both worlds with ChatGPT. In May, OpenAI enhanced ChatGPT’s…
Everything you post publicly on Facebook or Instagram if you live in the UK or the EU might soon be used to teach artificial intelligence (AI). Meta intended to utilize the posts from now on to train its AI model, but it was confronted with eleven legal challenges across Europe. Then, in a “disappointing” move,…
Mark Zuckerberg, the CEO of Meta, declared on Thursday that the firm will start showcasing AI avatars created by creators on Instagram via Meta AI studio. The United States will host the test. The social networking firm and Character, a chatbot startup financed by a16z, both make announcements on the same day.Users will soon be…
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, 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…
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 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…
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…
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…
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…
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…
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, 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…
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…