Nigeria’s $1.5 million AI fund, backed by Luminate, marks a significant step toward building a robust and sustainable AI ecosystem. With initiatives focused on both infrastructure and talent development, the government’s strategic investments in AI and digital technologies are set to drive long-term economic growth
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Elon Musk's artificial intelligence venture, xAI, has officially moved into its new office in San Francisco’s Mission district, a location with unique significance in the AI world. The building, which once served as the headquarters for Musk’s former company, OpenAI, now houses his latest AI endeavor. According to the San Francisco Business Times, this move…
Lesaka’s Strategic Acquisition Lesaka Technologies, a Nasdaq-listed fintech company, has officially completed the acquisition of fellow fintech firm Adumo for $96 million. The deal, which includes $13 million in cash, marks a significant step in Lesaka’s growth strategy as it strengthens its foothold in the Southern African fintech market
Tamer El-Raghy, Managing Director of ARAF, highlighted Winich Farms’ potential, stating, “Smallholder farmers face multiple bottlenecks along the value chain, limiting their productivity and access to markets.
InDrive has also launched courier services in Harare, marking an exciting development for both individuals and businesses
Mobile money has proven to be a key enabler of financial inclusion in Nigeria. According to economic analyst Damilola Adewale, consumers prefer the speed and ease of transferring funds via mobile devices instead of visiting physical bank branches
By moving towards OAuth 2.0, Google aims to reduce account vulnerabilities and streamline secure access for third-party apps, making user accounts less susceptible to hacking attempts and unauthorized access.
Kazang, a leading prepaid value-added services (VAS) provider in Zambia and a subsidiary of JSE-listed fintech company Lesaka Technologies, has introduced its Kazang Pay card acceptance solution to merchants across Zambia
The R300 million Seed Fund addresses this challenge by focusing on seed capital, which is crucial for innovation, research, and development in the country’s growing tech sector
Achieve, a Ghanaian investment app developed by Petra Securities, has introduced a new feature called Global Tech, offering users a unique opportunity to invest in some of the world’s leading technology companies