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Google expands AI wildfire tracking capabilities to Kenya and 16 additional countries. This initiative aims to bolster community preparedness and safety as wildfires become an increasingly pressing concern worldwide. The expansion of the Wildfire Boundary Tracker, an AI-driven tool, is…
Investment experts emphasize that tech is key for Gen Z wealth transfer. This was a central theme at the recent Cordros Summit held in Lagos, where financial leaders gathered to discuss innovative strategies for effectively transferring wealth to the upcoming…
Kenya banks’ assets fell by 2.7% to $58.2 billion in Q1 2024, reflecting a significant contraction in the sector. According to the Central Bank of Kenya (CBK), this decline is primarily attributed to an 18.5% drop in foreign currency loans,…
TikTok has officially launched its inaugural Visionary Voices List for Africa, celebrating 15 remarkable individuals who are making significant strides in innovation and cultural representation across the continent. As TikTok honours African content creators, it aims to empower and elevate…
Nvidia Faces US Antitrust Probe: The US Department of Justice (DOJ) has launched an investigation into Nvidia after complaints from rivals. The company’s competitors claimed that it may have abused its market dominance in selling chips that power artificial intelligence.…
At least 17 people are feared dead across Nigeria as protests against economic hardship escalated, leading to significant business losses. The #EndBadGovernance protests broke out on August 1 in different cities, including Abuja, Kano, and Borno as security forces clashed…
Nigeria’s Path to $1 Trillion Economy: The federal government’s plan to achieve a $1 trillion economy in shaping the global financial landscape has caused Afrinvest to urge the FG to grow beyond the banking sector. This was stated by the…
Discovery Vitality Chooses Checkers: After a decade of flourishing partnership, Discovery Vitality has ended health benefits partnership with retailer Pick n Pay and has shifted to Checkers Sixty60. The partnership will kick off on September 1, 2024. Note that, Discovery…
MTN’s New Challenges in Nigeria: Nigeria’s major network, MTN, experienced an extreme slowdown on Thursday. Surprisingly, this coincided with the commencement of nationwide protests against bad governance. Recall that Silicon Africa reported how Nigerians stormed MTN offices across the nation…
Following Mercury’s recent decision to exit the African market, local banks reacted to Mercury exit by stepping in to fill the void left for startups. The San Francisco-based digital bank announced it would close accounts for businesses in 13 African…
