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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 additional Gbps will be part of the highly anticipated global submarine cable. It is aimed at increasing the availability of high-performance and reliable internet connectivity access across the continent leveraging Liquid’s 100,000km of terrestrial fibre across 12 countries.
While acting as a new global internet route between Asia, Europe and the USA, the additional capacity will help increase the proliferation of faster and more affordable internet, Cloud and cyber security services to the African people and businesses.
“We are delighted to provide new subsea capacity between Mombasa, Karachi and Marseille, with extensions planned towards Singapore and Asia. This creates a cost-effective, low-latency and diverse route that our customers can leverage to serve their business-critical connectivity needs. The submarine cable will be ready in 2022,” Liquid Dataport (a division of Liquid Intelligent Technologies) CEO David Eurin said. …
The continent’s digital revolution can largely be driven by building the necessary skills for the short- and long-term future, and this starts in the classroom.
The recent technological influx across Africa, largely boosted by the adoption of mobile phone use, needs to be capitalized upon by the education sector.
This can be achieved through reimagining the education landscape by addressing the challenge of exclusion through increased investment, to achieve quality education in science and technology for all.…
With over 548 million registered mobile money users in sub-Saharan Africa, increased internet access and readily available mobile money solutions, the FX market has become accessible to the majority of Africans.
The availability of mobile money payment solutions has seen an increase in the creation of fintech startups created solely to cater to Africans interested in trying their hand at trading in both local and international FX markets.
Firms including Exness, XM.com, Avatrade, CM Trading, Tickmill and Chipper Cash among others all reported a significant growth in trading in 2020. A testament to the growing trading culture driven by fintech across the continent.…
- Liquid Intelligent Technologies has acquired Telrad, an Israeli-based technology firm, subject to customary closing conditions, including Telrad shareholder approval
- The pan-African technology firm said it has agreed to acquire the company and said the move would complement its operations
- It described Telrad as an innovative technology business with an extensive B2B offering and said it would add to its infrastructure and digital solutions offerings
Liquid Intelligent Technologies has acquired Telrad, an Israeli-based technology firm, at an undisclosed amount.
In a statement seen by The Exchange Africa, Liquid Intelligent said it has entered into a definitive agreement to acquire the company and said the move would complement its operations.
Liquid Intelligent described Telrad as an innovative technology business with an extensive B2B offering and said it would add to its infrastructure and digital solutions offerings.
“Telrad provides and maintains high-quality technology products and services for global business and governments. The …
- These AWS Local Zones deliver single-digit millisecond latency performance at the edge of the cloud to hundreds of millions of people globally
- Amazon Web Services, Inc. (AWS) has revealed plans to launch an AWS Local Zone in Nairobi, Kenya
- This year, Amazon plans to launch an additional 32 AWS Local Zones in 26 countries globally reaching millions of users
Amazon Web Services, Inc. (AWS) has revealed plans to launch an AWS Local Zone in Nairobi, Kenya.
The company infrastructure will join 16 existing AWS Local Zones across the US. This year, Amazon plans to launch an additional 32 AWS Local Zones in 26 countries globally reaching millions of users.
AWS is setting up an AWS Local Zone in Kenya to capitalize on the growing popularity of cloud computing.
Read: Google positions itself to reap from Africa’s explosive internet market
Why Cloud computing in Africa?
The question one would ask is …
- Treatment centres worldwide are now considering cryptocurrency trading as an addiction, with some asking for as high as US$90,000 to treat the “ailment”
- There are more than 12,000 cryptocurrencies. At the end of 2021, the market was adding about 1,000 new cryptocurrencies every month
- According to Jan Gerber, a clinic owner, inquiries about crypto-related issues have increased by 300 per cent between 2018 and 2021
One would be tempted to ask, how is crypto trading addictive, and if it is, how much would it cost to treat a crypto addiction? Treatment centres worldwide are now considering cryptocurrency trading as an addiction, with some asking for as high as US$90,000 to treat the “ailment”.
A report by Bloomberg revealed that many people are considering crypto trading addictive and are seeking medical help for it. Crypto addicts have gone as far as comparing their addiction to drugs and gambling.
How is
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