According to the 2024 African Satellite Manufacturing and Launch Market Report, released by Space in Africa, investment in satellite manufacturing by African governments is projected to reach an impressive $2.6bn between September 2024 and 2030. This is a significant increase from the $1.9bn invested between 2018 and August 2024. By 2030, 72 satellites are expected…
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OpenAI, the company behind the AI chatbot ChatGPT, has raised $6.6bn in its latest funding round, bringing its valuation to an astounding $157bn (£118bn). This positions OpenAI among the world's most valuable startups, on par with investment giants like Goldman Sachs and surpassing the market value of many of America's largest companies. Investors, including early…
Rwanda seeks to build stronger partnerships with South Korea, focusing on human and technological capital and attracting more Korean investments to accelerate the country's shift from aid dependency to a trade-driven, industrialised industrialised economy. In an interview with The Korea Herald, Rwandan Minister of Foreign Affairs and International Cooperation Olivier Nduhungirehe emphasised that South Korea's…
In partnership with ZTE Corporation, MTN South Africa has launched Africa's first 5G ultra-range maritime network in Mossel Bay, Western Cape. This groundbreaking initiative, announced on September 19, aims to revolutionize maritime connectivity and enhance the region's economic prospects. By integrating cutting-edge technology, MTN and ZTE are set to boost tourism, support local fisheries, and…
Artificial intelligence (AI) has become a focal point of global discussions, especially around the need for regulatory frameworks. This conversation is just as crucial in Africa, but the continent faces unique challenges. As AI is increasingly embedded in African economies and societies, countries grapple with balancing innovation, data privacy, and socioeconomic priorities. The AI Landscape…
The 2024 Africa Tech Festival will take place in Cape Town from 12-14 November, offering startups unparalleled opportunities to grow and thrive. One of the standout events this year is AfricaIgnite, designed to showcase the continent's most innovative startups and connect them with potential investors, partners, and customers. AfricaIgnite: A Platform for Innovation Building on…
I The future of African healthcare is promising with the rise of AI and digital health. However, limited access to healthcare remains a significant issue in many African regions. AI can play a crucial role in solving this challenge by improving access to medical services and enhancing treatment outcomes. Enhancing Healthcare Access with Telemedicine Telemedicine…
In the latest Global Cybersecurity Index report, the International Telecommunications Union (ITU) has ranked Rwanda among the top-tier nations for cybersecurity, with the country achieving a score of 95-100 per cent. This prestigious ranking places Rwanda in the first tier alongside 45 other countries globally, recognized as "Role Model" nations demonstrating excellence across all five…
Rwanda has taken a significant step toward becoming a technology-driven economy with the launch of the Kigali Innovation City (KIC), a bold initiative to foster innovation and tech growth in the country. Prime Minister Dr Edouard Ngirente led the groundbreaking ceremony for the project, underlining Rwanda's dedication to a prosperous future driven by technological advancement.…
The rise of digital platforms in Africa is accelerating due to growing mobile phone usage, expanding internet access, and a youthful population highly attuned to technology. These factors create an ideal environment for economic innovation and make Africa a prime destination for tech investment. This article explores the key drivers of Africa's tech revolution, particularly…