Author: Akin Naphtal

The 2023 Robotics and AI Society Bill, intended to regulate the Kenya’s growing artificial intelligence (AI) and robotics industry, has encountered strong opposition from industry insiders, sparking significant debate and calls for reconsideration. The Kenya Robotics and Artificial Intelligence Society Bill 2023, if passed, would require all entities operating in these sectors to register with the newly proposed Robotics Society of Kenya (RSK). Failure to comply could result in significant penalties, including fines of up to KES 1 million (approximately USD 6,000), imprisonment for up to two years, or both. Professionals in Information Technology (IT) and representatives from the American…

MTN has launched a major solar energy initiative at its Johannesburg headquarters, with over 5,400 solar panels currently operational as the company moves to reduce reliance on South Africa’s strained power grid. With this solar energy initiative, MTN is set to make its head office 40% less dependent on the municipal grid by the end of February. This undertaking follows a phased approach by MTN, intending to inject a total of 1,800kW into the office’s microgrid. The telco’s primary objective is to greatly lessen the impact of frequent power blackouts, locally known as “load shedding,” which have plagued South Africa…

GoDaddy, a US-based provider of web hosting and domain registration services, has shared five tips that can help small businesses and entrepreneurs around the globe to harness the power of the internet and build a strong online presence to thrive in today’s digital landscape and propel their growth. Start with a Domain Name: Securing a domain name is akin to claiming real estate in the digital realm. Entrepreneurs are advised to check the availability of desired domain names and register them promptly. A memorable domain name not only serves as an online identity but also facilitates easy discovery by potential…

U.S. technology giant Microsoft has set its sights on Spain, announcing an investment of $2.1 billion aimed at boosting the country’s artificial intelligence (AI) and cloud infrastructure over the next two years. The investment comes as part of the company’s broader strategy to deepen its footprint in Europe and capitalise on the continent’s growing demand for digital services. Microsoft’s Vice Chair and President, Brad Smith, revealed the news on X (formerly Twitter), as he spoke on the company’s commitment to Spain’s digital transformation journey. Smith highlighted that the investment goes beyond establishing data centres, but also signifies a deep commitment…

CEO of Meta, Mark Zuckerberg, has attributed the recent wave of layoffs in the technology industry to tech companies needing to create a “leaner” workforce following the period of rapid expansion that was seen during the COVID-19 pandemic. The tech industry has seen mass workforce reductions in 2024, with Layoffs.fyi projecting that 159 tech companies have laid off 41,793 employees so far. While this number is a far cry from the over 260,000 tech layoffs in 2023, many tech workers are concerned about losing their jobs to new technology like artificial intelligence (AI). However, many tech leaders, Zukerberg included, have…

Experts from Russian cybersecurity firm, Kapersky have shed light on the evolving cyberthreat landscape in Global South regions, doing so during the 9th annual Cyber Security Weekend – META 2024, hosted in Kuala Lumpur, Malaysia. The discussions focused on the security implications of emerging technology trends such as Artificial Intelligence (AI) and threats targeting industrial control systems within critical infrastructure across the Middle East, Africa, and Asia. Speaking on the evolution of cyberthreats, Director of META Research Center Global Research and Analysis Team (GReAT) at Kaspersky, Amin Hasbini, noted, “as the cybersecurity landscape evolves, cyber threats continue to become diverse…

The United Nations Economic Commission for Africa (ECA) and Google have signed a Memorandum of Understanding (MoU) to propel and expedite digital transformation across Africa. The agreement was made on the sidelines of the Africa Business Forum 2024, held on Monday 19th February at the UN Conference Centre, Addis Ababa, Ethiopia. The forum, themed, “Boosting Africa’s transformation through education, science, technology, and innovation,” aims to promote an ongoing dialogue between Africa’s private and the public sectors to accelerate collective efforts towards realizing the 2030 Agenda for Sustainable Development and Agenda 2063. This partnership capitalises on the strengths of both entities,…

RS South Africa, a trading brand of RS Group plc, a global leader in industrial product and service solutions, has announced its participation in the upcoming Mining and Technical Exhibitions (MTE) Show scheduled for 8th March 2024, in Jwaneng, Botswana. With over 80 years of technological expertise, RS Group plc has established itself as a premier provider of Maintenance, Repair, and Operations (MRO) solutions for industrial customers worldwide. The company’s commitment to excellence in technology and service has positioned it as an industry leader, offering comprehensive solutions tailored to the unique needs of businesses across diverse sectors. MRO procurement plays…

The Islamic Development Bank Institute (IsDB Institute) has concluded a three-day bespoke Islamic banking and finance capacity-building program which was aimed at bankers and financial sector experts from the Republic of Uzbekistan. Held from 11-13 February 2024 in Jeddah, Saudi Arabia, the program, organised under the theme “Creating Value and Realising Business Opportunities in Islamic Finance,” saw collaboration between the IsDB Institute and Islamic Business and Finance LLC of Uzbekistan. Focusing on fostering competitiveness and innovation in Shari’ah-compliant financial products tailored for Uzbekistan’s financial landscape, the program hosted 16 participants who engaged in a series of 10 sessions. These sessions…

Mamamoni, a Nigerian fintech social enterprise, has received €200,000 in funding from the Challenge For Youth Employment (CFYE). The CFYE is funded by the Netherlands Ministry of Foreign Affairs, has worked with organisations such as SheLeads Africa, ReelFruit, Utiva, Stutern, and Co-Creation Hub in Nigeria, and has over 30 businesses in its Africa portfolio. The funding, which will be provided over two years and is based on Mamamoni’s ability to meet certain milestones, will be used to expand its network of female agents. VFD Microfinance Bank will assist in this process. Mamamoni was founded in 2014 by Nkem Okocha to…