“AI’s lack of human intelligence remains a defining feature” states Professor Enoch Opoku-Antwi

In a thought-provoking discourse centered on the implications of artificial intelligence (AI) and its influence on the future of work and job creation, Prof Enoch Opoku-Antwi, the esteemed Dean of Business Administration of Academic City University College, underscored the critical role of human intelligence in navigating the evolution of technology. This enlightening contribution took place […]
African start-ups at the forefront of digital innovations transforming Africa’s economy

Several African tech innovators showcased their work at the Africa Money & Defi Summit in Ghana. PayBox, a fast-growing African fintech start-up, was one of the beneficiaries of the ITC NTF V program
Visa Pledges to Invest $1 billion in Africa to Accelerate Digital Transformation

Visa has pledged to invest $1 billion in Africa over the next five years to advance inclusive and innovative economies across the continent. The investment will help expand access to digital payments as an entry point for expanding formal financial services for individuals and merchants. The investment will focus on scaling Visa’s operations in Africa, […]
Overcoming the treasury challenges of operating in Africa

Africa’s economy holds a lot of promise and growth prospects for international businesses, but one of the continent’s major challenges is its fragmented payments ecosystem.
Apis Partners leads €29M (US$31M) Series A funding for African fintech Peach Payments.

Apis Growth Fund II, a UK-based private equity fund managed by Apis Partners, plans to invest €29 million (US$31 million) in Peach Payments, a digital payment service provider operating in Africa.
ETAP launches Takaful – the first digital car insurance product in Africa that redistributes funds to users

Insurance technology company ETAP has launched ETAP Takaful, a car insurance product based on Islamic principles that aims to redistribute funds to users and support social good in their communities.
Opportunik Global fund set to break barriers through its African and diasporan-focused investment fund

Opportunik is a private wealth fund that aims to give Africans and Diasporans access to global investments with minimal currency or political risk.
Nigerian FinTech Touch and Pay (TAP) Launches New Booking Solution

Touch and Pay Technologies (TAP) is a Nigerian fintech company that has introduced a digital payment solution for interstate travel from Lagos, Nigeria’s largest city, to other parts of the country.
African layoffs wave hits Kenya at Microsoft

Source: Microsoft announced earlier this year that it would lay off 10,000 employees to align its cost structure with revenue and customer demand. While most layoffs occurred in Seattle, Washington, where Microsoft’s operations are based, Kenya was the first African country to be affected. According to their Chief Technology Officer (CTO) Edward Ochieng of Sklylab […]
OpenAI has announced the release of its latest version of ChatGPT, called GPT-4

Source: The most recent version of OpenAI’s successful chatbot, ChatGPT, has been released under the name GPT-4. Since its debut in November 2022, ChatGPT has been widely used by millions of people. GPT-4 introduces a new feature, allowing it to suggest tips based on images of components, and took six months to develop its safety […]