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Tech & Business
- With Yeeo—a web app—individuals have the privilege of saving their time and cost of printing cards, which often end up being dumped and ensure their money is invested elsewhere.
- Yeeo’s business strategy brings together environmental conservation and this vision to help enterprises save billions spent on card printing.
- Dubai-based Yeeo has already secured intellectual property rights in 179 countries around the world.
As I navigated through the bustling crowd of delegates from around the world at the Startups Showcase during the AIM Congress 2024, I felt a gentle tug on my jacket. It was Abdullah AlShetiwi, a determined look in his eyes and a welcoming smile on his face.
As I reached out to offer my business card to Abdullah, he intercepted with a gesture, saving me the customary exchange. Instead, he swiftly pulled out his phone, suggesting we swap contacts via a QR Code. With a quick scan …
- Four innovators from Kenya, Côte d’Ivoire, and Uganda, selected from a shortlist of 16, vie for the £50,000 (over $62,000) Africa Prize.
- Their innovations encompass recycling in construction, AI tools for healthcare and farming, and reengineered waste collection, addressing crucial societal needs.
- The three runners-up will each receive £15,000 (over $18,000), while a £5,000 (over $6,000) prize titled ‘One to Watch’ will be awarded to the most promising business among the shortlist.
- Since 2014, the Africa Prize has empowered nearly 150 entrepreneurs across 23 African countries, creating over 28,000 jobs and positively impacting more than 10 million people with their innovative products and services.
The Royal Academy of Engineering is set to host the final showdown of the 10th Africa Prize for Engineering Innovation, the continent’s premier engineering accolade, on June 13, 2024, in Nairobi, Kenya. Out of an initial pool of 16 visionary innovators crafting sustainable, scalable engineering solutions …
- Russian Investment Forum at AIM Congress 2024 highlighted Russia’s robust economic standing.
- Various Russian regions showcased unique investment opportunities, from the Far East’s oil and gas sector to Tatarstan’s diverse industries.
- Discussions also revolved around innovation and technology, with an emphasis on Abu Dhabi’s potential as a global technology hub.
Amidst the grandeur of the Abu Dhabi National Exhibition Centre (ADNEC), the Russian Investment Forum emerged as a unique centre of opportunities during the 2024 AIM Congress.
Under the International Partners’ Track, this forum brought together luminaries from Russia’s business landscape to showcase the nation’s unique investment propositions and affirm Abu Dhabi’s suitability as a global technology hub.
Spearheading the discussions was Sergey Katyrin, President of the Chamber of Commerce and Industry of the Russian Federation. Katyrin painted a picture of Russia’s robust economic stature, ranking first in Europe and fifth globally in terms of GDP.
He cited Russia’s …
- Digitalization brings new opportunities in trade and creates the potential to underpin resilience in times of crisis
- The digital transformation of customs and borders in Africa could improve efficiencies in processes and yield trade gains on the continent of US$20 billion a year
- Single Window can cross-check credentials for consistency and traceability, reducing errors and fraud
The digital transformation of customs and borders in Africa could improve efficiencies in processes and yield trade gains on the continent of US$20 billion a year.
Digitalization brings new opportunities in trade and creates the potential to underpin resilience in times of crisis.
The digital transformation of customs and borders in Africa could improve efficiencies in processes and yield trade gains on the continent of US$20 billion a year. With digital trade in place, pre-existing bottlenecks in infrastructure can be tackled, efficiencies can be leveraged, and Innovative solutions can be harnessed. However, countries in …
- The US$3.7m extension brings the total raised by the insurtech to the US$5.5m; It follows a US$1.8 million round led by seed-stage investment firm Accion Venture Lab last year
- According to CEO Jihan Abass, the increased cash would be utilised for business development, product and technology growth, and expansion into new nations like Egypt, Nigeria, and Uganda
- The firm intends to offer tech solutions to digitise agents and brokers, assisting them in streamlining their operations to reach a large customer base and sell online
Lami Technologies, a Kenyan-based firm, has acquired US$3.7 million in seed funding to market its insurtech solution throughout Africa.
Harlem Capital, an early-stage venture business that invests in seed-stage tech-enabled start-ups with an emphasis on minority and female founders, was in charge of the extension.
Early-stage venture capital firm Newtown Partners; Peter Bruce-Clark, a partner at New York’s research-driven venture capital firm Social Impact Capital; Caribou …
The report noted that the value of Africa’s mobile money transactions increased from US$495 billion in 2020 to US$701.4 billion in 2021. Research by American firm Boston Consulting Group (BCG) affirmed that Kenya and Ghana are ranked second and third in mobile payment usage globally after China, the world’s most populated country.
During the period under review, transactions through mobile wallets and phones were the equivalent of 87 per cent of Gross Domestic Product (GDP) in Kenya and 82 per cent in Ghana.
The International Monetary Fund (IMF) and the World Bank ranked Ghana as the fastest-growing mobile money market. That was not the case in 2009 when mobile money services were launched in the West African country. At that time, 70 per cent of Ghana’s population had no access to bank services, while approximately 35 per cent of citizens owned mobile phones.…
Crypsense Digital Group is Africa’s first and fast-growing Digital Assets Capacity Building and Management Platform, providing an end-to-end solution for institutional blockchain and digital asset adoption.
Training, wealth management and custodial solutions, asset finance, and an accelerator launchpad to promote blockchain and cryptocurrency entrepreneurs in Africa are the primary tenets of the company.
Learn to Earn (L2E) and Play to Earn (P2E) are two learning management systems that the capacity development platform provides for blockchain and cryptocurrency. Education on cryptocurrency that can be interacted with can be grasped quickly and make the learning process both enjoyable and profitable simultaneously.…
According to an article by BotsCrew, a WhatsApp chatbot is an automated software powered by rules or artificial intelligence (AI) and runs on the WhatsApp platform. People communicate with WhatsApp chatbot via the chat interface, like talking to a real person. It’s a set of automated replies that simulates a human conversation on WhatsApp.
In May 2022, WhatsApp opened the API for businesses of any size. Previously, it was available only for medium and large businesses, so smaller companies had to contact other providers to access WhatsApp API.
Today, any business can directly sign up or get started with one of the business solution providers to access a New Cloud-based API.…
According to Frontiers, AI has been recognized to have a wide potential to reduce human workload or increase human capabilities in complex scenarios, but today it is evident that AI also has an important role in transforming our life by promoting more efficient existing services or new services.
AI is already contributing to a large spectrum of applications in Africa’s aviation and air traffic systems, providing support to its managers (airlines/airport managers, air traffic management) and operators (pilots, air traffic controllers, airport operators, flow controllers).
Governments are focusing on contactless travellers’ experience hence there have been innovations in biometric authentication at airports. For instance, Kenya ruled out paper verification of COVID-19 test results and vaccination certificates upon arrival, sparking local airlines’ adoption of electronic verification processes.…
