Artificial Intelligence

A collection of 35 posts

Artificial Intelligence

Unleashing AI Potential for Nigeria's Economic, Technological Development

Artificial Intelligence (AI) has become a transformative force across the globe, and Nigeria stands out as one of the biggest adopters of AI technology in Africa. A 2022 report by AI Media listed Nigeria, Egypt, South Africa, and Kenya as the biggest adopters of Artificial Intelligence technology in Africa. Interestingly,

Artificial Intelligence

Modus expands to Africa, aims to invest $75 million in AI and Blockchain-powered startups 

AI solutions in Africa are relatively low compared to the rapid adoption of blockchain technology. According to a 2017 report by Price Waterhouse Coopers, AI is projected to contribute $15.7 million to the global economy. This is despite the fact that the sector is dominated by foreign companies in

Artificial Intelligence

South Africa to Launch New ‘App Store’ and Artificial Intelligence Institute to Boost Tech Subjects

South Africa has announced plans to build an Artificial Intelligence (AI) Institute to improve the teaching of robotics and coding in public schools. The AI Institute is being founded in collaboration with institutions of higher learning, particularly the Johannesburg Business School of the University of Johannesburg and the Tshwane University

Artificial Intelligence

The Ouut Spotlights Medtech Africa, Nigerian Health-tech With Focus On Non-Communicable Diseases

When American athlete and swimmer, Michael Phelps said, “The problem with heart disease is that the first symptom is often fatal,” he definitely knew that the heart would function till it can’t have it anymore, with no complaints, no notice, no symptoms till it is about to give up.

Artificial Intelligence

Health-tech, Ubenwa, Raise $2.5million in Pre-seed Fund

Ubenwa, a health-tech that engages the use of Artificial Intelligence, AI, and learning tools to diagnose infants (children within 0-6 months of age) has secured$2.5million in the pre-seed fund, granted to help the startup develop its operations and execute its marketing plans. Founded in 2017, by Nigerian, Charles

Artificial Intelligence

Centenary Technology Partners With Sunbird AI For Technology Development In Uganda

In a bid to improve Uganda’s Artificial Intelligence (AI) ecosystem, a Memorandum of Understanding has been signed, between Centenary Technology and Sunbird Artificial Intelligence experts. The calculated partnership is in line with providing solutions to challenges in regards to inclusion, likewise equality in the use of AI technology. Popularly

Artificial Intelligence

Egypt’s AI Startup, Synapse Analytics Secures $2M Pre-Series A to Help Businesses Adopt AI

Synapse Analytics, an Egyptian AI-technology startup, has secured more than $2 million in a Pre-Series A funding round to accelerate AI adoption for African businesses. Egypt Ventures led the pre-series A round with participation from its existing investors, Cloudera founder Amr Awadallah and Simon Rowlands of Africa Platforms. Ahmed Abaza

Abena

Born in Africa and for Africans. Abena is the Real African Voice Assistant AI

Voice assistant technologies are making life easier and more enjoyable in and out of our homes. Having Alexa, Siri, or Google in your home can feel like having an attentive PA. She is never too busy and reacts to your every desire with a cheerful attitude. Unfortunately, that is not

Artificial Intelligence

Egypt's AI Startup, DXwand Secures $1M pre-Series A Round to Scale

Egypt-based AI startup, DXwand which operates Omnichannel conversational AI and digital assistants tool, has secured $1 million in Huashan Capital-led pre-Series A investment round with participation from angel investors like Mr. Mohsen Abulleil and Mr. Ahmed Bakeer and a return investment from its seed round investor, the US-based VC firm

Artificial Intelligence

AIMS Ghana Collaborates with Google to Strengthen Research in Africa

The African Institute of Mathematical Sciences – Ghana (AIMS Ghana) and Google Research have signed a Masters Sponsored Research Agreement (MSRA) to push the boundaries of scientific research in areas of specialty such as artificial intelligence. The agreement will strengthen AIMS and Google’s existing partnership as part of their continued

Artificial Intelligence

SA's Edtech, Foondamate secures $2 million to scale its AI-powered learning chatbot

South African-based edtech startup, FoondaMate has secured $2 million in LocalGlobe-led funding round to scale its WhatsApp and Facebook-based learning Chabot to students across the globe. The startup’s first backer XX accelerator also participated in the round, alongside investors like Emerge Education, Odunayo Eweniyi of FirstCheckAfrica, and Iyin Aboyeji

Artificial Intelligence

InstaDeep is Improving Access to AI for African Startups

When InstaDeep was launched in 2014, its vision was to deliver AI-powered decision-making systems for the Enterprise. The startup believes this will be useful in solving some of the world’s most complex industrial problems. AI presents countless avenues sectors to optimize solutions to the most crucial problems. This solution

Artificial Intelligence

Africa No Filter and Meta announce a new fund to improve Virtual Reality in Africa’s storytelling

Africa No Filter, a narrative change organization, and Meta (previously Facebook) have announced a partnership to launch the “Future Africa: Telling Stories, Building Worlds” program, aimed at boosting the use of Virtual Reality in Africa’s storytelling. Open to organizations and individuals, the program seeks to support Extended Reality storytellers

Artificial Intelligence

Nigerian Communications Commission (NCC) Ready to Deploy 5G across Nigeria

The Nigerian Communications Commission (NCC) has announced that Nigeria is now ready for the rollout of 5G services across the nation. This was made known by the Executive Vice Chairman (EVC) Prof. Umar Danbatta during a public inquiry on the draft frequency spectrum (fees and pricing, and annual operating levy

Artificial Intelligence

South African Agritech Startup OmnioFarm releases AI-enabled Platform for Poultry Farmers

South African Agritech startup Omniolytics has announced a partnership with IBM. The partnership will enable the startup to use IBM Watson running in the IBM Cloud to develop a suite of smart farming solutions for emerging and commercial poultry farmers. With the local poultry industry facing challenges such as unavailability

Artificial Intelligence

South Africa’s Notam Launch its Drone Service

South Africa’s Notam has developed a drone cloud software and artificial intelligence (AI) platform that aims to provide a single source of truth for mining and infrastructure projects. Notam was founded in 2014 as Pragmatic Master, the firm rebranded itself as Notam in 2020. It uses drone data and

Artificial Intelligence

Nigeria Speed-up Plans to Roll out 5G nationwide

Nigeria has announced its intention to speed up processes to join Kenya and South Africa to get one of the countries in Africa using the 5G network. The country’s most recent move to get ready for public enactment of 5G happened recently, when it signed an understanding with satellite

Artificial Intelligence

SA crypto startup Revix raises $4m, Plans Local and International Expansion

South African cryptocurrency investment platform Revix has raised $4 million in funding to help it launch mobile and expand to the European Union (EU). Revix was founded by Sean Sanders and Louis Buys in 2018 through a funding round from JSE-listed firm Sabvest. The startup has since aimed at making

Artificial Intelligence

African Hubs Network AfriLabs adds 28 New Members

Pan-African innovation hub network AfriLabs has added an additional 28 new members to expand its total membership to 268 across 49 countries. AfriLabs is a network of technology hubs in Africa founded in 2011 with the aim of supporting the growth and development of tech hubs in African communities so

Artificial Intelligence

African Startups and Innovators can apply for NESTLÉ Hatcher Project Uno

NESTLÉ is a market leader in coffee is looking to further engage its youth market by providing digitally-driven solutions that provide customer experiences beyond the product. The company has put up a challenge to identify startups or innovators that can create digital solutions to help the company become better under

Artificial Intelligence

Sparkle launches feature to empower SMEs

Sparkle, a Nigerian Fintech company has launched its Sparkle Business– a platform to help Small and Medium Enterprises (SMEs) access products and services necessary for the digital enhancement of their businesses. Since SMEs form the highest employers of labor in Nigeria, they must be afforded all necessary opportunities needed for

Artificial Intelligence

Airtel Africa Receives $100 million Investment from MasterCard

Two week after TPG’s Rise Fund invested $200m in Airtel Africa, the company has announced that it will receive an extra $100m from global payments provider MasterCard. In a statement released, Airtel Africa and MasterCard have “extended commercial agreements and signed a new commercial framework which will deepen their

Artificial Intelligence

Payflex Launches Buy Now Pay Later Feature in South Africa

Shop Now, Pay Later solutions are a proven way to increase sales for merchants, and with Fintech startups offering digitalized measures for modern commerce, there is no telling on how much commercial activities will increase in Africa. Johannesburg-based Fintech startup Payflex has launched the buy now pay later for local

Artificial Intelligence

Kenya’s Safaricom launches 5G network

When Safaricom launched its 4G service in 2015, what followed was great expansion and increase in revenue, fast-forward to 2020 and it had tripled its revenue from $160million to $450million. With the new plans to launch the company’s 5G technology trials for its customers in Kenya which will begin

Artificial Intelligence

Blockchain.com Raises $300 Million Now Valued at $5.2billion

Blockchain.com a London based cryptocurrency company announced on Wednesday that it has raised $300million in its latest funding round which increased its valuation to $5.2billion. The round was led by DST Global, Lightspeed Venture Partners and VY Capital. This announcement is coming just weeks after bitcoin rose to