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Tech & Business
- AIM Congress 2024 aims to facilitate economic opportunities and foster mutually beneficial international economic relations.
- The congress provides a platform to engage with global leaders, explore investment trends, and forge meaningful B2B and B2C partnerships.
- The Future Finance Forum Track at AIM Congress 2024 will explore the use of cutting-edge technologies such as blockchain, AI, fintechs, and digital currencies.
The AIM Congress, under the leadership of Dawood Al Shezawi, President of AIM Global Foundation, stands poised to host an unprecedented global gathering from May 7th to 9th. This event promises to assemble an extraordinary array of leaders, including over 25 government ministers, 45 city mayors, and 12 central bank governors, reflecting its vast international appeal and strategic importance.
With more than 900 speakers and 450 dialogue sessions scheduled, the congress aims to foster comprehensive dialogue and networking among the most influential figures across various sectors worldwide.
The sheer scale and …
- Ventures interested in applying for the Investment Showcase can submit applications here by 2nd May.
- To qualify, the ventures must be African, have at least one African co-founder or be headquartered in Africa.
- They must also offer a product or service designed for scalability, and be able to present in person at the Africa Tech Summit (ATS) London.
On June 7th, 2024, the Africa Tech Summit (ATS) London will convene at the London Stock Exchange for its eighth edition, continuing its tradition of fostering business and investment opportunities in Africa and around the world.
This tech conference, known for its dynamic engagement and insight into the African continent’s tech industry, is poised to attract over 300 African and international tech leaders, policymakers, investors, entrepreneurs, and corporates.
The summit’s key event, the Investments Showcase, is inviting African tech ventures to present their business models to a curated audience of potential investors …
- Survey shows 60% of journalists interviewed indicate that their newsroom lacks an AI use case policy.
- However, 20% of journalists revealed that they are planning to explore AI’s potential applications.
- State of Journalism Survey 2024 interviewed 1,106 respondents across the world.
Media houses are still lagging behind in the push for AI adoption in their line of work with a majority failing to institute AI policies in newsrooms. This is according to a recent survey conducted by Muck Rack delving into the current landscape of journalism, revealing notable trends and concerns among journalists across the industry.
From the findings, 60 per cent of the surveyed journalists indicated that their newsroom lacks an AI use case policy, while only 24 per cent reported having one in place.
This raises questions about whether the absence of policies hinders journalists from exploring AI tools or if other factors, such as a lack of …
The Bootcamp will be divided between a two-week hackathon and a six-week learning phase. Participants must create decentralised projects on the Polygon Blockchain to compete for significant cash and mentoring awards.
More than 2,000 developers from five African nations—Nigeria, Kenya, South Africa, Egypt, and Rwanda—will attend the Bootcamp, collaborating alongside many developer groups in Africa, including GDG Nairobi. Certificates will be given to each participant.
According to Shodipo Ayomide, Global Head of Developer Advocacy at Polygon Technology, one of the several financial obstacles in Africa is cross-country money transfer.…
Online payment solutions are immensely beneficial for their users, both customers and merchants alike. Online payments help reach global customers, reduce the cost of transactions and provide payment security (compared to cash payments). They create a more pleasant experience for the users who need not rush to banks and malls to buy or pay for their needs.
Pan-African fintech giant Flutterwave has kept its promise about Google Pay, as users of the global payment service can now use it for transactions with merchants on Flutterwave’s stores.
Google Pay was designed to enable users’ safe, seamless, contactless payments. It uses near-field communication (NFC) technology to facilitate fund transfers for retailers in physical stores. Users can also save their card details into the Google Wallet service and make online or in-app payments.…
Partnerships have largely driven technology innovation and global collaborations among tech companies, and Alibaba Cloud is not slowing down in committing itself to such partnerships.
System integrator Business Connexion (BCX) has announced a strategic partnership with Alibaba Cloud, the digital technology and intellectual backbone of the Alibaba Group, to bring the best-in-class cloud technologies to local businesses in South Africa to drive local digitalization.
- System integrator Business Connexion (BCX) has announced a strategic partnership with Alibaba Cloud
- The two parties sealed an exclusive distribution contract to grant BCX exclusive rights and authority to distribute Alibaba Cloud’s products and services in the country.
According to Selina Yuan, Alibaba Cloud Intelligence International President, “Partners have always been a key focus for Alibaba Cloud, and we are committed to providing them with strong support for our ongoing co-creation and value-add – both technologically and commercially – to further empower our customers.”
According to …
CyborgIntell Africa says it will work closely with financial institutions and other enterprises to help them rapidly develop, deploy and operationalize AI applications at scale.
A statement says the CyborgIntell platform addresses the key challenges companies face in the data science/machine learning lifecycle – from data selection and modelling, and operationalizing AI, to managing risk and governance.
“AI is a powerful and transformative technology, yet many companies across the world find it difficult to unlock its full potential. More than a third (36%) of organizations take more than 90 days to deploy data science machine learning (ML) projects, while the failure rate of such initiatives is estimated to be 85% across industries,” said McLachlan, CyborgIntell managing director.…
The agreement allows Liquid to leverage the Ka-band capabilities of the Eutelsat Konnect satellite to provide broadband Internet services to businesses in Uganda, South Sudan, and the eastern regions of the Democratic Republic of Congo (DRC).
Liquid becomes the first ground gateway provider for Eutelsat Konnect in Sub-Saharan Africa, broadening broadband coverage and creating new business opportunities in Africa. It is Eutelsat’s long-standing partner.
Under a long-term contract that was renewed and extended in 2021, it operates the Ku-band resources of the EUTELSAT 7B satellite to provide VSAT services in sub-Saharan Africa.…
FastConnect will be offered at current Africa Data Centre (ADC) facilities all over the continent for Liquid Cloud’s co-located clients in addition to organizations using Liquid CloudConnect as a service. An organization’s on-premises applications and Oracle Cloud Fusion Applications will be connected through this solution, improving the user experience. Businesses may move massive volumes of data safely, economically, and effectively with FastConnect via Liquid CloudConnect.
Whether on-premises or co-located through ADC facilities around the continent, Liquid will assist its customers in achieving simplicity, enterprise-class security, and seamless operations.
In July, Liquid also launched its first Cyber Security Fusion Centre in Johannesburg in a bid to eliminate silos and enhance threat visibility leading to deeper collaboration across teams and increased cyber resiliency.…
