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  • Sophos State of Ransomware in Manfacturing
    Cybersecurity

    More Than Two-Thirds of Manufacturing Companies Hit by Ransomware Had Their Data Encrypted, Sophos Survey Finds

    ByTechTrends June 30, 2023

     Sophos, a global leader in innovating and delivering cybersecurity as a service, has announced a new sectoral survey report, “The State of Ransomware in Manufacturing and Production 2023,” which found that in more than two-thirds (68%) of ransomware attacks against this sector, the adversaries successfully encrypted data. This is the highest reported encryption rate for the…

    Read More More Than Two-Thirds of Manufacturing Companies Hit by Ransomware Had Their Data Encrypted, Sophos Survey FindsContinue

  • Paymob and Chefaa
    Business | Tech and Innovation

    Egyptian startups Paymob and Chefaa collaborate to change pharmacies digitally

    ByTechTrends June 29, 2023

    The digitalization of pharmaceutical payments in Egypt will be fueled by a partnership between the Egyptian entrepreneurs Paymob and Chefaa. Paymob was established in 2015, and our omnichannel gateway helps over 200,000 SME merchants to run and grow their businesses by providing access to more than 40 different payment options. The Chefaa healthcare benefits platform,…

    Read More Egyptian startups Paymob and Chefaa collaborate to change pharmacies digitallyContinue

  • ChatGPT
    Artificial Intelligence | Tech and Innovation

    ChatGPT App can now Surf the Web

    ByTechTrends June 28, 2023

    Now, ChatGPT on mobile can access the internet. solely through Bing. Today, OpenAI revealed that users of ChatGPT Plus, the company’s AI-powered chatbot’s premium edition, may use a new function called Browsing to instruct ChatGPT to look up information on Bing. By selecting “GPT-4” in the model switcher and “Browse with Bing” from the drop-down…

    Read More ChatGPT App can now Surf the WebContinue

  • Telegram Introduce Stories
    Gadgets/Apps

    Telegram to Introduce Stories Feature Next Month

    ByTechTrends June 28, 2023

    Stories. They are all over. The function, first introduced by Snapchat in 2013, was adopted to an absurd degree by Meta, integrated into Facebook, Facebook Messenger, Instagram, WhatsApp, and Google even tried with it. It is now coming to Telegram. That being said, breaking news! Despite the appeal of including Stories in its software, Telegram…

    Read More Telegram to Introduce Stories Feature Next MonthContinue

  • Uganda to Make Internet Connectivity Accessible to Refugee Communities
    News/Articles

    Uganda to Make Internet Connectivity Accessible to Refugee Communities

    ByTechTrends June 27, 2023

    Through a collaboration with the Ugandan government and the World Bank, internet connectivity will soon be available in refugee camps in Uganda. The goal of the project is to give refugees the necessary digital skills and linguistic competency to improve their employment. The Universal Digital Acceleration Program, a bigger objective, includes the internet connectivity program….

    Read More Uganda to Make Internet Connectivity Accessible to Refugee CommunitiesContinue

  • WEF
    Artificial Intelligence

    The WEF’s list of emerging technologies for 2023 includes generative AI, flexible batteries, metaverse for mental health, and more.

    ByTechTrends June 27, 2023

    According to the WEF, among the technologies that will have the greatest positive influence on the globe in the following three to five years are designer phages, flexible batteries, and sustainable aviation fuel. According to the WEF, among the top 10 such emerging technologies include wearable plant sensors, metaverse for mental health, spatial omics, flexible…

    Read More The WEF’s list of emerging technologies for 2023 includes generative AI, flexible batteries, metaverse for mental health, and more.Continue

  • WEF Technology
    News/Articles

    7 startups from Africa are listed as WEF Technology Pioneers

    ByTechTrends June 27, 2023

    The World Economic Forum (WEF) has chosen seven African digital startups among its list of the 100 most promising Technology Pioneers of 2022. These businesses are reshaping a variety of markets, including healthcare, retail, and many others. The WEF Technology Pioneers are early- to growth-stage businesses from around the world engaged in the application of…

    Read More 7 startups from Africa are listed as WEF Technology PioneersContinue

  • QR Code
    Tech and Innovation

    Somalia Rolls out National Payment’s QR Code Standard

    ByTechTrends June 26, 2023

    Unified National Quick Response(QR) Code was released by the Central Bank of Somalia (CBS). The Somali Quick Response Code (SOMQR) will be the abbreviation for the QR code standard. The Quick Response Codes (QR) that merchants and consumers in the nation will get will be issued in accordance with the SOMQR standard by payment service…

    Read More Somalia Rolls out National Payment’s QR Code StandardContinue

  • Airtel Partners Samsung on Galaxy A14 5G
    News/Articles | Press Release

    Samsung Launches Galaxy A14 5G in Partnership with the Airtel 5G Launch

    ByTechTrends June 26, 2023

    Samsung, Nigeria’s consumer electronics brand, announced the launch of Galaxy A14 5G. This latest addition to the popular Galaxy A series is aimed at offering a complete package of the latest Galaxy innovations at an affordable price, making awesome technology accessible to everyone, especially to Airtel Nigeria customers. The device was unveiled on Monday, June…

    Read More Samsung Launches Galaxy A14 5G in Partnership with the Airtel 5G LaunchContinue

  • AI products
    News/Articles

    Building AI-Native Products: From Model Integration to Ethical Product Scaling

    ByTechTrends June 25, 2023June 23, 2025

    AI is quickly changing from a product add-on to the core of new digital experiences. From instant language translation to health advice, AI products are changing industries and what users expect. But doing this is not just about adding a machine learning model to an app. It needs careful planning of data, model use, and…

    Read More Building AI-Native Products: From Model Integration to Ethical Product ScalingContinue

  • Blockchain funding
    Blockchain | Funding

    Blockchain funding in Kenya, South Africa, and Nigeria exceeded $91 million.

    ByTechTrends June 24, 2023

    According to a recent survey, blockchain funding increased by a startling 1,668% in 2022 compared to the previous year, reaching a total of USD 91 million in nations including Kenya, South Africa, and Nigeria. According to the “State of Web3.0 in Africa” report by EMURGO Africa, in strategic partnership with PwC, South Africa is revolutionizing…

    Read More Blockchain funding in Kenya, South Africa, and Nigeria exceeded $91 million.Continue

  • Black Founders Fund
    News/Articles

    $4 million will go to 25 African companies. Google’s Black Founders Fund for Startups

    ByTechTrends June 24, 2023

    The 25 firms with headquarters in Africa that were chosen for this year’s $4 million Black Founders Fund have been revealed by Google for firms. The US$3 million Google for Startups Black Founders Fund Africa, a component of Google’s racial equity commitments launched in June 2020, was the subject of a Disrupt Africa report in…

    Read More $4 million will go to 25 African companies. Google’s Black Founders Fund for StartupsContinue

  • Mobile Money Operators
    Business

    Mobile Money Operators in Nigeria and the Customer Retention Nightmare

    ByTechTrends June 22, 2023January 14, 2025

    Mobile Money Operators (MMOs) in Nigeria are financial service providers who provide mobile-based financial services under the Central Bank of Nigeria’s (CBN) regulatory framework. MMOs use mobile money agents and aggregators to reach underbanked and unbanked populations in Nigeria, leveraging the widespread usage of mobile phones to provide convenient and accessible financial services to a…

    Read More Mobile Money Operators in Nigeria and the Customer Retention NightmareContinue

  • Microsoft
    Tech and Innovation

    Microsoft Announces New Computing Service

    ByTechTrends June 22, 2023

    Microsoft unveiled a new computing service on Wednesday with the goal of assisting chemical industries in hastening the development of novel materials. The program, Azure Quantum Elements, uses computational power to assist chemical businesses in simulating a large variety of atom combinations. The idea is to virtually investigate potential new materials using computers before simulating…

    Read More Microsoft Announces New Computing ServiceContinue

  • AgriTech
    Funding

    UAE Bank Introduces a $27 Million Initiative for AgriTech Firms

    ByTechTrends June 22, 2023

    To make the United Arab Emirates the best country in the world on the Global Food Security Index by 2051, the National Food Security Strategy 2051 was launched in 2021. The aim? to use contemporary technology and boost local production to create a complete national system that enables sustainable food production. A $27 million program…

    Read More UAE Bank Introduces a $27 Million Initiative for AgriTech FirmsContinue

  • Baobab Network
    Funding

    Nairobi-based Accelerator, The Baobab Network Supports 5 Startups With US$50,000 Each

    ByTechTrends June 20, 2023

    A Nairobi-based accelerator known as The Baobab Network has revealed its most recent batch of five investees, each of whom received US$50,000 in cash. The Baobab Network invests in early-stage software firms around Africa. Since 2019, The Baobab Network has assisted businesses with capacity building and fundraising; the organization welcomed its final cohort in February….

    Read More Nairobi-based Accelerator, The Baobab Network Supports 5 Startups With US$50,000 EachContinue

  • IMF Digital Currency
    Blockchain

    IMF is Developing a Global Digital Currency Platform

    ByTechTrends June 20, 2023

    According to IMF Managing Director Kristalina Georgieva, the IMF is developing a framework for central bank digital currencies (CDBCs) to promote trade between nations. “CBDCs should not be a collection of disparate national proposals… Interoperability is necessary for more effective and equitable transactions, according to Georgieva, who spoke at a conference of African central banks…

    Read More IMF is Developing a Global Digital Currency PlatformContinue

  • SHELT Global
    News/Articles

    SHELT Global Attains ISO/IEC 27001:2022 Certification

    ByTechTrends June 20, 2023

    SHELT Global Limited (www.shelt.com) has achieved ISO/IEC 27001:2022 Certification both globally and locally in Nigeria under Cyber Immune Limited. SHELT GLOBAL LIMITED is a technologically advanced European based Managed Security Service provider (MSSP), offering a versatile range of cybersecurity services to and through leading institutions in Europe, Middle East and Africa. ISO/IEC 27001:2022 is a world-renowned…

    Read More SHELT Global Attains ISO/IEC 27001:2022 CertificationContinue

  • cybercrime
    Cybersecurity

    France Joins Forces With South Africa to Bolster Cyber Security

    ByTechTrends June 20, 2023

    For the purpose of enhancing the cyber forensic capabilities of the Special Investigating Unit, South Africa and France have signed a cooperation protocol agreement. The partnership is anticipated to result in the opening of an anti-corruption academy in Tshwane that will assist the SIU as well as law enforcement and anti-corruption organizations in the Southern…

    Read More France Joins Forces With South Africa to Bolster Cyber SecurityContinue

  • WhatsApp
    Gadgets/Apps

    WhatsApp Introduces ‘Silence Unknown Callers’ Feature on iOS and Android

    ByTechTrends June 20, 2023June 22, 2023

    The messaging app WhatsApp is introducing a feature that would shield users from obtrusive calls. Users of the Meta-owned app can easily activate an option that mutes calls from spam and bothersome callers. The new function is intended to stop calls from unknown numbers from upsetting the user because these calls often come from numbers…

    Read More WhatsApp Introduces ‘Silence Unknown Callers’ Feature on iOS and AndroidContinue

  • Obuntu Foundation
    News/Articles

    Application is now Open for Obuntu Foundation’s 2nd Class of GP Launchpad Fellowship

    ByTechTrends June 20, 2023June 22, 2023

    Applications for the Obuntu Foundation’s second program, which aims to encourage, accelerate, and catalyze young African venture capital fund managers, have been made public. The Obuntu Foundation created the Obuntu Launchpad Fellowship, which is run by African and international professionals in VC and aims to promote innovation and economic progress in Africa. The seminars at…

    Read More Application is now Open for Obuntu Foundation’s 2nd Class of GP Launchpad FellowshipContinue

  • Seedstars
    News/Articles

    Seedstars Capital Partners With Fondation Botnar to Launch Seedstars Youth Wellbeing Ventures

    ByTechTrends June 19, 2023

    Seedstars Youth Wellbeing Ventures, a $20 million investment mandate aimed at early-stage entrepreneurs in Africa with a focus on enhancing the wellbeing of people under the age of 30 in low- and middle-income countries, has been created by Seedstars Capital and the Swiss philanthropic foundation Fondation Botnar. The evergreen fund will support pre-seed to Series…

    Read More Seedstars Capital Partners With Fondation Botnar to Launch Seedstars Youth Wellbeing VenturesContinue

  • Elon Musk
    News/Articles

    Twitter: Elon Musk Shares Video App for Smart TVs Plan for the Platform

    ByTechTrends June 19, 2023

    Elon Musk, the owner of the social media firm, announced in a tweet on Saturday that there are plans for a Twitter video app for smart TVs. This would be in keeping with the company’s new ambitions to concentrate on expanding video content on the platform. Musk tweeted “It’s coming” in response to a comment…

    Read More Twitter: Elon Musk Shares Video App for Smart TVs Plan for the PlatformContinue

  • Twitter
    News/Articles

    Twitter will prioritize creator, video, and business partnerships. CEO Yaccarino says

    ByTechTrends June 17, 2023

    According to an investor presentation by owner Elon Musk and incoming Chief Executive Linda Yaccarino that was examined by Reuters, Twitter aims to concentrate on video, creative, and commerce partnerships to revitalize the social media company’s economy outside of digital advertising. According to a source familiar with the situation who spoke on the condition of…

    Read More Twitter will prioritize creator, video, and business partnerships. CEO Yaccarino saysContinue

  • WhatsApp
    Gadgets/Apps

    WhatsApp is Working on Multi-Account Feature For Android Beta Users

    ByTechTrends June 16, 2023

    According to reports, WhatsApp is developing a new feature for upcoming app updates. According to a report, the functionality being tested on the beta version of the application will enable access to several WhatsApp accounts from a single device. Last year, the social networking site unveiled a companion mode that enables users to log into…

    Read More WhatsApp is Working on Multi-Account Feature For Android Beta UsersContinue

  • LinkedIn
    Tech and Innovation | Gadgets/Apps

    LinkedIn is developing a product for video advertising that targets users of streaming platforms.

    ByTechTrends June 16, 2023

    LinkedIn, which is owned by Microsoft, announced on Thursday that it was developing a video advertising solution that would let advertisers target visitors to the professional networking site while they browsed streaming media. In an effort to grow its advertising business during a period of economic uncertainty, LinkedIn has released AI technologies to aid marketers…

    Read More LinkedIn is developing a product for video advertising that targets users of streaming platforms.Continue

  • Orange Middle East
    News/Articles

    Orange MEA and Digital Africa collaborate to boost the growth and support of African companies.

    ByTechTrends June 16, 2023

    By combining the knowledge and resources of the Orange Digital Centers and Digital Africa, Orange Middle East and Africa and Digital Africa hope to support and strengthen the development of African entrepreneurs. As part of this partnership, Orange and Digital Africa will search the African continent for and choose innovative tech firms. Orange Middle East…

    Read More Orange MEA and Digital Africa collaborate to boost the growth and support of African companies.Continue

  • Prembly
    News/Articles

    Nigeria’s Prembly manufactures security goods for companies in emerging markets.

    ByTechTrends June 16, 2023

    The business Prembly, best known for its Y Combinator-selected Identitypass product, is not well-known in the African startup scene. However, the business offers a wide range of services. Prembly formalized as a parent business late last year after seeing the need for expansion beyond KYC, biometrics, and data verification. Prembly was founded in 2021 when…

    Read More Nigeria’s Prembly manufactures security goods for companies in emerging markets.Continue

  • Entrepreneur Awards
    News/Articles

    Egypt’s Entrepreneur Awards announced 14 winners.

    ByTechTrends June 16, 2023

    Egypt’s Entrepreneur Awards (EEA), now in its third year, include winners in 14 categories. In addition to the “Next Gen Intrapreneur of the Year,” “Rising Entrepreneur of the Year,” “Entrepreneur for Good Award,” “From Art to Business,” and EEA’s first regional award, in partnership with IFC, “She Wins Arabia” program, “Regional Woman Entrepreneur of the…

    Read More Egypt’s Entrepreneur Awards announced 14 winners.Continue

  • Endeavor network
    News/Articles

    10 African entrepreneurs have joined the Endeavor network.

    ByTechTrends June 16, 2023

    In the past 12 months, ten African entrepreneurs from five startups on the continent have been welcomed into the global Endeavor network, giving them access to a range of support services to aid in the growth of their businesses. The Endeavor project, which selects, mentors, and accelerates the world’s greatest high-impact entrepreneurs in order to…

    Read More 10 African entrepreneurs have joined the Endeavor network.Continue

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