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The newly appointed Minister of Public Works and Infrastructure, Dean Macpherson, has disclosed that the department has been the victim of a staggering R300 million cyber-related theft over the past 10 years. The latest incident occurred in May 2024, when…
On July 10th, 2024, Innovate Africa, an angel investment fund dedicated to empowering early-stage African founders, launched a groundbreaking $2.5M startup fund to transform the continent’s startups. Co-founded by Kristin Wilson and Christian Idiodi, the sector-agnostic Innovate Africa Fund aims…
$18 billion tech hubs initiative in Africa: The United Nations Development Programme (UNDP), in collaboration with African governments and the private sector, has announced a groundbreaking $18 billion initiative to establish a network of 10 technology hubs across the continent. …
South African SME security breach detection: Cybersecurity has become a critical concern for small and medium enterprises (SMEs) in South Africa. A concerning trend has emerged, with reports indicating that South African SMEs take an average of 9 months to…
Xbox Game Pass price hike South Africa: Microsoft has announced big price rises for Game Pass, its Netflix-style subscription service for games. These new prices will go into effect on 12 September across all regions. The price of Game Pass…
EY Nigeria new partners: EY Nigeria has announced five new partners to the West Africa partnership as part of its strategic initiative to continuously invest in its personnel. The new partners are Chinedu Onyekwelu and Abiodun Ogunoiki, who are Partners…
Startup accelerator program launch: Open Startup (OST), a MENA-focused pre-seed startup accelerator, is committed to growing the African startup ecosystem. The organization calls for applications for a $50,000 accelerator program. Startup Accelerator Program Launch About Open Startup Open Startup (OST)…
Cryptocurrency market downturn opportunity for newcomers: The cryptocurrency market is currently experiencing a significant price drop, with Bitcoin leading the decline. However, this downturn presents a unique opportunity for new investors entering the crypto space. Despite the current bearish sentiment,…
South African schools and universities are grappling with the challenge of combating cheating using artificial intelligence (AI) tools like ChatGPT and Microsoft’s Copilot. As these generative AI models become more advanced, they are forcing educators to rethink their assessment strategies…
CAC extends PoS operators’ registration deadline: The Corporate Affairs Commission (CAC) has extended the deadline issued to Point of Sales (PoS) operators in Nigeria to register their businesses by 60 days. Due to the new directive, PoS operators now have…
