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- AIM Congress 2024: Catalysing global investments with awards
- Kenya’s economic resurgence in 2024
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- Tech ventures can now apply for the Africa Tech Summit London Investment Showcase
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 …
- Airtel Kenya has announced that it spent KSh 4.7 billion ($39.6 million) to acquire an additional 60 MHz spectrum
- The telecommunications company said the additional spectrum would help it expand its mobile network in the East African nation
- Airtel Africa said that the investment reflects their continued confidence in the opportunity inherent in the Kenya market
- The investment comes months after the company paid KSh 1.13 billion ($9.5 million) to the Communications Authority of Kenya for a network license
Airtel Kenya has announced that it spent KSh 4.7 billion ($39.6 million) to acquire an additional 60 MHz spectrum, which will help it expand its mobile network in the East African nation.
The new spectrum will help Airtel’s 4G network capacity expansion in Kenya. It will assist mobile data and fixed wireless home broadband capacity.
At the same time, the additional spectrum is expected to pave way for the rollout of …
The video-sharing app, TikTok, has created millionaires since it was launched in 2016 by China’s ByteDance Ltd.
A report by Forbes revealed that the highest-paid celebrities on TikTok took home US$55.5 million in 2021, a 200 per cent increase from 2020.
The report indicated that TikTok stars earn 30 to 50 per cent of their money from sponsored content. Sponsored content involves sharing posts that are paid for by companies advertising their products on the platform.…
Hopper HQ, an Instagram scheduling, planning and analytics firm, released the list of the highest paid public figures on the social media service.
The Instagram rich list 2022 comprises big names in the continent who rake in millions per post, considering they have millions of followers.
According to Hopper, top on the Instagram rich list in 2022 is Egyptian professional footballer Mohammed Salah, who plays as a forward for English Premier League side Liverpool. Nigerian singers Davido and Yemi Alade were ranked second and third, respectively.
Africa’s Instagram rich list
- Mohamed Salah
The Egyptian winger is ranked the highest paid Instagram influencer in 2022. Salah boasts 52.1 million followers on Instagram. As of Thursday, July 21, he had shared 836 posts.
According to Hopper, Salah earns US$275,000 per post. Salah’s net worth is estimated at US$40 million.
- David Adeleke (Davido)
David Adeleke is popularly known by his stage name Davido.
In the last few years, content creation has picked up pace after the platform was monetised. Vloggers are now making millions from YouTube as they use their channels to advertise.
In Africa, the richest YouTubers smile all the way to the bank based on their views and impressions from their audience.
Content creators on YouTube also rake in money through sponsorships, affiliate links, and selling digital products.…
- Kenya’s leading telcos have signed a landmark deal that will propel the mobile money space in the country
- Telkom, Safaricom, and Airtel announced that Kenyans can now make direct mobile money payments to an M-PESA Pay Bill number from any network
- The companies said the move follows their announcement in April 2022, which saw Kenyans being able to make mobile money payments to M-PESA Buy Goods and Services Tills from any network
Kenya’s leading telcos have signed a landmark deal that will propel the mobile money space in the country.
On Friday, July 15, 2022, Telkom, Safaricom, and Airtel signed a deal to allow Kenyans to make direct mobile money payments to an M-PESA Pay Bill number from any network.
In a statement, the telecommunications companies said the move follows their announcement in April 2022, which saw Kenyans being able to make mobile money payments to M-PESA Buy Goods and …
The Zimbabwe Electricity Supply Authority (ZESA) is now legally able to incorporate drones in its infrastructure management. This announcement was made at an event the national power company held to mark its acquisition of a Remotely Piloted Aircraft Operator’s Certificate (ROC).
According to an article by Newsday published on June 15, 2022, speaking at ZESA’s drone technology certification ceremony in Harare Executive Chairman Sydney Gata said certification of the use of drone technology in their day-to-day operations is expected to improve service delivery.
“This will enable a quicker turn-around in fault finding and rectification resulting in the continuous and consistent provision of electricity to our customers. Drone technology will also assist ZETDC in its fight against vandalism and theft of electricity.”
ZESA is battling a myriad of challenges including incessant faults, mainly emanating from aging power distribution infrastructure. This has seen the country grappling with endless power cuts.…
