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 …

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  • 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 …

  • Cyber threats increased by 943 per cent in the three months to December 2023, with 123 million cases detected in the previous quarter.
  • In response to these threats, Kenya’s National Cyber Security Centre issued 8.06 million advisories during the period under review.
  • This represented a 44.4 per cent increase compared to the 5.6 million advisories issued between June and September.

The Communications Authority of Kenya reports that the number of cyber threats in Kenya increased in the three-month period leading up to December 2023.

In its 2023/24 Q2 cyber security report, the regulator notes that the number of cyber threats rose to more than 1.2 billion cases, up from 123 million threats detected in the previous quarter, representing a 943 percent increase.

The increase is attributed to the enhancement of Kenya’s cyber threat monitoring capabilities and the increased exploitation of ‘system vulnerabilities,’ driven by the increased deployment and use of …

  • Registered customers for M-Pesa Ethiopia rose to 3.1 million from 1.2 million as of half the Financial Year 2023/2024, transacting worth $115.63 million.
  • Ethiopia’s National Financial Inclusion Strategy 2021–2025 aims to increase financial inclusion from 45 to 70 per cent of all adults by 2025, partly by scaling digital payments through mobile money services.
  • The country also aims to increase the use of digital payments from 20 per cent of all adults in 2020 to 49 per cent by 2025.

Revenue growth for M-Pesa Ethiopia

Safaricom’s M-Pesa in Ethiopia reported revenue returns of $277,139.43 over the nine months ending in December 2023.

Following its August 2023 launch, the operations generated $45,000 over the first four months, with further commitment to grow the numbers.

Registered customers for M-Pesa Ethiopia rose to 3.1 million from 1.2 million as of half the Financial Year 2023/2024, transacting worth $115.63 million.

However, the opportunity for …

  • Tanzania-based clean energy company, TRí, is introducing electric tricycles to the country’s transportation sector to reduce carbon emissions.
  • On average, the oil-powered motorcycle is estimated to be 10 times more polluting per mile than a passenger car, light truck, or SUV.
  • The move to roll out electric motorcycles aligns with Tanzania’s Inclusive Green Economy (IGE) Program, which aims to promote zero emissions by 2030.

The transport industry accounts for a significant amount of carbon emissions in Tanzania and around the world. Through players in the private sector, Tanzania is turning the tide with green transport startup, TRí, launching electrical tricycles in the market.

These tricycles promise cost savings for thousands of riders, especially small-scale traders who dominate the country’s transport industry.

With the rising cost of fuel, electric tricycles are becoming the go-to option for traders who are keen on protecting their margins, with TRí’s market survey showing that their …

  • Scams to watch for this year will include Investment scams that can appear as trustworthy financial organisations promising incredible returns. 
  • Scammers build trust with their victims by using fake profiles on dating sites or social media.
  • Posing as IT technicians, these scammers try to convince you that there’s something wrong with your computer and offer to fix it.

Watch out! In 2024, scammers have some new tricks, such as deepfake impersonation. Fostering a zero-trust mindset can help keep you safe from these scams. Cyber security platform  KnowBe4 Africa Senior Vice President Anna Collard highlights key scams for this year.

Deepfake impersonation scams

Imagine receiving a voice note from your CEO instructing you to transfer money to a bank account. You follow the instructions without realising that the voice note is a deepfake. And just like that, you have fallen for a scam.

Deepfakes make use of AI technologies to create

The Companies and Intellectual Property Commission (CIPC) in South Africa recently fell victim to a cyberattack, potentially compromising the sensitive data of at least three million entities and individuals registered with the commission.

The breach occurred earlier this March and exposed a wide range of sensitive information, including addresses, credit card details, ID numbers, and company names. The CIPC has urged its clients to remain vigilant for any unusual requests or messages and to be cautious when receiving emails, even those appearing to be from the CIPC email address.

Lungile Dukwana, the organization’s Chief Strategy Executive, stated that the attack appeared to be targeted. Upon discovering the breach, the CIPC’s ICT technicians promptly shut down part of the systems to prevent further unauthorized access. However, the full extent of the breach and the data compromised are still under investigation.

This breach underscores the critical need for robust cybersecurity measures to …

  • The digital revolution has transformed how we approach education. Today, we have the world at our fingertips – literally.
  • From researching to drafting and editing, every step of creating a college assignment can be enhanced with technology.
  • Utilizing these resources saves time and ensures that your references are credible and up-to-date.

Navigating through the labyrinth of college assignments can be quite a challenge. It’s like being an explorer in the vast world of academia, where each assignment is a new territory to conquer.

But what if you had a map and compass in the form of technology? In today’s digital age, tech tools are not just accessories but essential allies in the quest for academic success.

The Digital Revolution in Education

Remember the days of poring over stacks of books in the library? While traditional methods are charming, the digital revolution has transformed how we approach education. Today, we have

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