- How FOCAC 2024 paved the way for deeper China-Africa collaboration
- TAZARA reborn: China, Tanzania sign landmark railway revamp agreement
- Ethiopia’s forest revolution brings carbon finance billions within reach
- Senegal’s Faye declares war on people smugglers after 37 die in the Atlantic
- AU chief tips African SMEs to embrace innovation to foster growth at scale
- Africa pharmaceutical independence, is the world ready?
- Kenyan aviation workers call off strike amid JKIA lease talks with Adani Group
- Kenyan farmers win big with halt on sugar imports beyond COMESA and EAC
Tech & Business
- AIM Congress 2025 will explore the latest trends and developments shaping global investment, focusing on addressing current and future challenges.
- Key segments of next year’s edition include FDI, Start-ups, global manufacturing, and digital transformation among others.
- HE Al Zeyoudi: “AIM Congress will provide a crucial platform for the international community to come together, devise innovative investment strategies, and build a framework that ensures sustainable and inclusive growth for all.”
Once again, the City of Abu Dhabi in the UAE is gearing up to host the 14th edition of AIM Congress 2025, with planners of the global showpiece projecting to host over 25,000 participants.
In an announcement Wednesday, the Organising Committee of AIM Congress says the 2025 showcase will take place from April 7-9, under the theme “Mapping the Future of Global Investment: The New Wave of a Globalized Investment Landscape – Towards a New Balanced World Structure”.
Taking place at …
- Tiktok holds talks with content creators in Kenya on monetisation following the breach of a June 2024 offer to start making money via the platform.
- In December 2023, TikTok announced plans to launch a subscription model for content in Kenya in June 2024.
- According to the Reuters Institute Digital News Report 2023 survey, Kenya leads the world in TikTok usage.
Kenyan content creators will wait a bit longer for direct monetisation of their content through TikTok, after the video-sharing platform breached an earlier offer to operationalise income-earning initiatives by June this year. In the latest development, the Chinese company revealed that it has just engaged in talks with Kenyan creators, who have been pushing multinational social media companies to find ways to compensate for the content they publish on the platforms.
Tiktok director of government relations & public policy for Sub-Saharan Africa Fortune Sibanda said that Kenyan creators will in …
- Safaricom has requested telco industry watchdog, the Communications Authority (CA) to block satellite internet providers, such as Elon Musk’s Starlink, from operating independently within Kenya.
- Kenya’s largest telco argues that allowing satellite providers to operate independently could lead to challenges in enforcing compliance with local laws.
- Safaricom insists satellite ISPs should only be allowed to operate under the license rights of a local company.
A fierce battle is looming in Kenya’s internet service provider (ISP) industry, with Safaricom PLC, the region’s largest telecommunications operator, requesting the Communications Authority (CA) to block satellite internet providers, such as Elon Musk’s Starlink, from operating independently within the country.
This development sets the stage for what could turn out to be a fierce contest over the control of Kenya’s lucrative internet market, as telco heavyweights Safaricom and Starlink vie for dominance in a rapidly digitizing economy.
Listed on the Nairobi Securities Exchange and …
- Artificial intelligence can help healthcare workers do more with limited resources.
- Artificial Intelligence platforms, increasingly utilised in public health, use complicated data systems as a crucial component for health emergency readiness.
- AI-powered diagnostic solutions in Rwanda and Ghana are enhancing medical imaging analysis, contributing to the early detection of diseases like cancer and tuberculosis.
Artificial intelligence in healthcare is the art of integrating human ability into machines programmed to impersonate human actions. AI’s application in healthcare primarily helps medical practitioners in many aspects of patient care, including administrative procedures.
As of 2020, the application of Artificial intelligence in healthcare in the USA and Canada slashed healthcare expenses by around 25 per cent and 13 per cent, respectively, giving healthcare providers time to give more of their limited resources to patient care issues. AI deep learning procedures have also saved many lives globally by decreasing the diagnosis-treatment-recovery cycle for patients, Africa …
- Generative AI can create original content such as text, images, and videos.
- As an emerging technology, generative AI does hold transformative potential not only in marketing and the creative arts but also in healthcare, banking, and finance amongst other sectors.
Generative AI has made notable footprints in recent years, beaconing as one of the most recognisable advancements, AI can create original content such as text, images, and videos.
AI fundamentally refers to systems capable of producing entirely new and original content, distinguishing it from other AI applications that primarily analyse existing data for decision-making. These models can generate original written articles, images, audio samples, or video footage based on training from extensive datasets.
Leading models like Gemini, GPT-4, Claude, and Bing AI are renowned for creating remarkably human-like text from given prompts. In contrast, others like Stable Diffusion, Firefly, and DALL-E are known for generating vivid images from text descriptions. …
- Xente, co-founded by Francis Nkurunungi, is a fintech platform that streamlines business payments, collections, and financial operations.
- Targeting medium to large enterprises, Xente offers a digital wallet and integrates with systems like VISA to facilitate secure, efficient transactions and manage financial documents in one place.
- Currently, the startup has onboarded over 500 businesses in Uganda and plans to expand rapidly into Kenya, Tanzania, Nigeria, and Ghana.
When you think about the next big thing in fintech, your mind might drift to Silicon Valley or China. But Francis Nkurunungi, the COO and Co-Founder of Uganda-based fintech Xente, wants to change that perspective. He believes that Africa is the next frontier for technological innovation and investment.
At the sidelines of the 13th edition of the AIM Congress 2024 in Abu Dhabi, Francis shared Xente’s entrepreneurial journey, the opportunities and challenges they face, and their ambitious plans for the future. This is …
- Founded in Uganda, Famunera is a tech-driven startup that digitizes agribusiness operations, providing farmers, cooperatives, and agribusinesses with easy access to financing, market access, and supply chain traceability.
- Initially a B2C model for farm inputs, it transitioned to a B2B platform to address the unique financing needs of agribusinesses.
- With growing presence in the UAE, and the Netherlands, Famunera has onboarded over 1,000 agribusinesses and indirectly employed over 50,000 farmers.
Imagine a world where farmers from Uganda can seamlessly connect with agribusiness financiers in the United Arab Emirates (UAE), while cooperatives in the Netherlands can procure produce from African farmers without the usual hurdles of financing and market access. This vision is no longer a far-off dream but a reality, thanks to Famunera, an innovative agribusiness startup.
Famunera, founded by Naika Enock Julius in 2016, is on a mission to transform the global agribusiness scene. By leveraging technology, Famunera is …
- The Africa Fintech Accelerator program has increased the number of women-led startups
- The Accelerator program, launched in June 2023, is aimed at uplifting the digital economy in Africa
- The list, is majorly dominated by West and Central African states that command 11 enterprises.
Only one Kenyan fintech startup has made it through into the second cohort of Visa’s Africa Fintech Accelerator program.
Out of the possible 20 only CheckUps Medical Hub, an Embedded health Kenyan startup, made it to the shortlist. Tanzania got two representatives and Ethiopia also got one.
The list is majorly dominated by West and Central African states that command 11 enterprises. While Southern Africa only has three two from South Africa and one from Zambia.
According to the digital payments firm, Cohort 2 startups operate across 28 African countries, a 55 per cent increase from Cohort 1 where the representatives operated across 18 countries. …
- The cost of land degradation due to poor soil health is estimated to be between $850 and $1,400 per year for every individual, with a global cost of between $6.3 and $10.6 trillion annually.
- African governments should invest in improving access to organic and mineral fertilisers to enhance soil health.
- The continent now produces approximately 30 million tonnes of fertiliser annually, twice as much as it currently consumes.
Soil health is vital in supporting food production and water filtration. Since the 1960s, land degradation in Africa has led to a significant expansion of agricultural land by about 300 per cent, compared to 25 per cent elsewhere. This has happened at the expense of forests, wetlands, and other fragile systems. The expansion is driven by the need to reimburse for the decline in productivity caused by soil fertility decline.
The cost of land degradation due to poor soil health is estimated …