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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 …
The race to adopt cryptocurrencies is hitting new ceilings in Africa as their popularity increases, despite hostile policies from several governments in the continent.
One of the main reasons investors across the globe are seeking to diversify traditional assets in Africa into cryptos is to counter rising fiat inflation, with a majority of crypto investors and traders believing that crypto coins and tokens are safer and more secure than traditional investments such as gold, oil, stocks, liquid cash and real estate.
The roles that these cryptos and alternative coins play in society are not well defined, but they have a vivid description as each day passes as to which purposes they serve.…
- Zimbabwe to introduce electronic courts early next month, with all the partners trained and geared to embrace the development.
- President Emmerson Mnangagwa is to officially commission the newly-established Commercial Court division of the High Court the same week.
- The theme for 2022, as announced by Chief Justice Luke Malaba is Use of Technology to Enhance Efficiency and the Rule of Law in the Judiciary.
Zimbabwe is set to introduce electronic courts (e-courts) starting May 1, 2022. E-courts will be introduced in line with new technologies and the need for efficiency in the delivery of justice with consistency and collective effort by all justice delivery players. The key advantages include bringing in a justice serving mechanism that is transparent, efficient, affordable, time-saving, protects the interests of witnesses, reduces the backlog of pending cases, and most importantly reduces the number of unscrupulous activities. The announcement was made through Statutory Instrument (SI) 78, …
- Crypto experts predict that Ethereum (ETH) will surpass bitcoin (BTC) in market cap, and new market entries could look at the former as a better purchase.
- There is confusion among traders between buying, selling or holding (HODL) bitcoin
- A whopping 67 per cent of the experts in the panel agree that it is an excellent time to buy bitcoin, arguing that the currency is experiencing its lowest price for this year
Many people, especially those interested in joining crypto trading as newbies, are utterly confused about whether to buy crypto in these bearish conditions. Bitcoin, specifically, has been experiencing a downward trend since the digital currency hit its highest in November 2021, valued at US$69,000. As of April 29, the price of bitcoin was resting at around US$38,799.
After the weekend doldrums, the market pulled a good turnaround on April 25. Despite four weeks of downward action, Bitcoin popped its …
- The African firm which provides shared transportation services for both intracity and intercity movement acquired the Turkish firm at around US$40 million
- Swvl currently repurposes underutilized, privately owned buses or minivans for different purposes throughout the day
- Swvl said the acquisition of Volt Lines would add an incremental US$4.3 million of annualized revenue to its balance sheet
Egyptian startup Swvl has expanded into Turkey after it recently acquired B2B transportation-as-a service operator Volt Lines.
The African firm which provides shared transportation services for both intracity and intercity movement acquired the Turkish firm at around US$40 million.
The acquisition now gives Swvl access to Volt Line’s tech as well as over 110 corporate client contracts.
Swvl currently repurposes underutilized, privately owned buses or minivans for different purposes throughout the day.
Some of these include shuttling intercity commuters along fixed routes, providing rides between cities and driving corporate employees to work …
According to the Future Market Insights report, around 9.2 billion tonnes of plastic have been manufactured globally, out of which only 9 per cent is recycled!
The technology helps to protect manufacturers and consumers against food and drug counterfeits.
With the plastic waste menace causing unprecedented damage globally, there has been an ongoing movement to discover and use alternative packaging materials, such as paper, glass, and metals.
The dilemma facing the world right now is that even the processes of creating plastic-free solutions often release more significant carbon emissions than conventional plastics.…
This comes after a few weeks ago, a law firm threatened to sue Meta (formerly Facebook) and Sama over the alleged unsafe and unfair work conditions dolled on its content moderators.
Nzili and Sumbi Advocates alleged that Sama had breached a number of rights including the health and privacy of its Kenyan and international staff.
The law firm demanded that both Meta and Sama adhere to Kenya’s labour, privacy and health laws, including that it provides its content moderators with adequate mental health insurance and better compensation.
Additionally, the law firm demanded that the two firms recruit qualified and experienced health professionals for the content moderators. …
