Tuesday, May 21

Technology

Fidelity Bank announces Agric-Tech Competition to inspire innovation Agric sector
Technology

Fidelity Bank announces Agric-Tech Competition to inspire innovation Agric sector

Fidelity Bank Ghana, the largest privately-owned indigenous bank, has announced a dedicated space for Agric-Tech within the Fidelity Young Entrepreneurs Fund (FYEF) through an upcoming Agric-Tech competition.This initiative aims to support the development of groundbreaking solutions that address pressing challenges faced by players in the Ghanaian agriculture value chain.Julian Opuni, Managing Director at Fidelity Bank, made this announcement during the Agriculture and Fintech Forum at the just ended 3i Africa Summit.The forum, hosted by Fidelity Bank, brought together stakeholders to bridge the gap between agriculture and fintech and showcase how technology can overcome longstanding barriers in the agricultural value chain.In his keynote address titled, “Seeding Innovation: The Convergen...
Beyond the talks: 3iAfrica summit participants call for actionable initiatives
Technology

Beyond the talks: 3iAfrica summit participants call for actionable initiatives

The 3iAfrica summit has ended with a call for stronger partnerships between governments, the private sector, and other stakeholders to turn ideas into actionable plans for Africa’s sustainable development.Many of the participants who spoke with the Ghana News Agency described the summit as a laudable step in drawing African experiences and transforming them into policies and programmes for the continent’s growth.They called for an all-encompassing approach to generate catalytic domestic capital among banks and investors into impactful innovations of Africans, including infrastructure development.They also urged governments across the continent to create an enabling regulatory framework to enable Small and Medium-sized Enterprises (SMEs) who provide financial and digital technology service...
Top Tech Industry Leaders Set To Grace The Africa CEOs Forum In Rwanda
Technology

Top Tech Industry Leaders Set To Grace The Africa CEOs Forum In Rwanda

Tech industry leaders and CEOs from top Kenyan companies are set to represent Kenya at this year’s Africa CEOs Forum in Kigali, Rwanda. Tech industry leaders and CEOs from top Kenyan companies are set to represent Kenya at this year’s Africa CEOs Forum in Kigali, Rwanda. Tech industry leaders and CEOs from top Kenyan companies are set to represent Kenya at this year’s Africa CEOs Forum in Kigali, Rwanda. mTek’s Bente Krogmann, Spiro’s Kaushik Burman, M-Kopa’s Jesse Moore, Ramani’s Ian Usiri, Roche’s Jacqueline Wambua, and Smart Applications Group’s Muiru are among the industry leaders that will represent Kenya at the summit. The event is slated for 16th and 17th of May and will convene over 2,000 African and international industry leaders, public decision-makers, and promi...
3rd AMC: Prof. Admire Mare advocates for African inclusion in the global AI ecosystem
Technology

3rd AMC: Prof. Admire Mare advocates for African inclusion in the global AI ecosystem

Prof. Admire Mare Head of the Department of Communication and Media at the University of Johannesburg, Professor Admire Mare, has highlighted the challenges and opportunities surrounding the future of AI in Africa, emphasizing the need for African media and AI futures to disrupt the current conversation and integrate into the global AI ecosystem. Speaking at the the 3rd African Media Convention on May 15, 2024, Professor Mare mentioned that, “One cannot ignore the fact that natural resources from Africa play a role in some of these technologies. We are part of the conversation.” Answering a question on AI and the future of African media, he explained that, “The unfortunate reality is that we are not part of the conversation as developers. Instead, we are entering t...
Ghana: Increase Investment in Digital Tech to Boost Devt – Veep to African Govts
Technology

Ghana: Increase Investment in Digital Tech to Boost Devt – Veep to African Govts

Vice President Dr Mahamudu Bawumia has called on African governments to increase investment in digital technology infrastructure to boost the development of the continent. That, the Vice President said, would help promote the growth of the Fintech industry, enhance the digital financial sector and promote financial inclusion. Speaking yesterday during the second day of the 3i conference currently underway in Accra, Dr Bawumia said Africa presented a thriving market for digital technology and Fintech innovation. Dubbed 'Innovation, Investment and Impact', the three-day conference is being organised by the Bank of Ghana, Development Bank Ghana and Elevandi, a subsidiary of the Monetary Authority of Singapore, and would end today is on the theme "Unleashing Africa's Fintech and Digi...
MENA region leads global growth in luxury travel, reveals Mastercard Affluent Travel report
Technology

MENA region leads global growth in luxury travel, reveals Mastercard Affluent Travel report

Report highlights the role of high-net-worth travelers in boosting the travel and hospitality industry Over a third (38%) of luxury seekers are willing to pay 30-50% more for sustainable travel features1 Affluent travelers in the MENA region are power users of loyalty and membership card programs GCC tourists are some of the highest spenders, whether vacationing within the region or further afield The Middle East and North Africa (MENA) region has emerged as one of the main regions driving growth in affluent travel, recording high spends, while also displaying an appetite for sustainable eco-luxury and meaningful cultural experiences. Mastercard’s latest report, ‘Affluent Travel: A Middle East Perspective’, released during the Arabian Travel Market 2024,unpacks some of...
My Goal Is For Ghana To Have The First Block Chain-Powered Government In Africa – Dr Bawumia
Technology

My Goal Is For Ghana To Have The First Block Chain-Powered Government In Africa – Dr Bawumia

With the increasing infusion of digitalization into the provision of Government services and everyday life, with plans to adopt the highest levels of data security in the provision of such services, Ghana is well on its way to becoming the first blockchain-powered government in Africa and one of the very few in the world, Vice President Mahamudu Bawumia has announced. “We are going to adopt blockchain technology for government to ensure that all data and transactions in the Government space are transparent and tamper-proof, no one can change them, and so ours could well become the first blockchain-powered government in Africa” the Vice President stated in Accra on Thursday, 9th May, 2024. Dr Bawumia gave the indication of a brighter, safer digital future for Ghana when he gave k...
Ghana Gears up on Cyber Resilience in the Digital Economy
Technology

Ghana Gears up on Cyber Resilience in the Digital Economy

Ghana Gears up on Cyber Resilience in the Digital Economy With Africa losing US$4 billion annually to cybercrime, the aggressors of the digital realm are gaining the upper hand. GITEX AFRICA 2024 (www.GITEXAfrica.com), the continent's largest tech and startup exhibition, taking place from 29-31 May in Marrakech, Morocco, provides a platform for leaders and executives of Africa’s tech ecosystem to share insights on cybersecurity’s crucial role in Africa’s digital economy. Cybersecurity Threats Accompany Digital Transformation As Ghana’s digital economy continues to evolve at a rapid pace, with an ever-increasing reliance on digital infrastructure, so too does the inevitable exposure to cybersecurity and data protection threats. Acknowledging the paramount importance of...
OpenAI to unveil its search product
Technology

OpenAI to unveil its search product

Openai OpenAI plans to announce its artificial intelligence-powered search product on Monday, according to two sources familiar with the matter, raising the stakes in its competition with search king Google. The announcement date, though subject to change, has not been previously reported. Bloomberg and the Information have reported that Microsoft backed OpenAI is working on a search product to potentially compete with Alphabet’s Google and with Perplexity, a well-funded AI search startup Industry observers have long called ChatGPT an alternative for gathering online information, though it has struggled with providing accurate and real-time information from the Web. OpenAI earlier gave it an integration with Microsoft’s Bing for paid subscribers. Meanwhile, Google ha...
Tether and Bitnob Collaborate to Educate Ghanaian University Students on Bitcoin and Stablecoins
Technology

Tether and Bitnob Collaborate to Educate Ghanaian University Students on Bitcoin and Stablecoins

Tether Operations Limited, the largest company in the digital asset industry, and Bitnob, a financial technology company that enables payments into mobile money wallets and bank accounts, are announcing a strategic collaboration aimed at promoting financial education on Bitcoin and Stablecoins in Africa.   The collaboration will feature a series of educational events hosted by Bitnob at various universities across Ghana. These events will provide students with a comprehensive understanding of Bitcoin and Stablecoins and their potential applications. The first event is scheduled at the University of Health and Allied Sciences in Hohoe on May 11th, 2024. Subsequent events will be held at the University of Ghana in Accra on May 15th, 2024, and finally at the University of Cape Coast ...