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OpenAI raises $6.6bn
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OpenAI Raises $6.6bn, Valued at $157bn Amid AI Boom
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…
October 3, 20240Comments
Rwanda South Korea trade ties
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Rwanda Seeks Stronger Ties with South Korea to Boost Trade and Investment
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…
September 27, 20240Comments
5G maritime network Africa
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MTN and ZTE Unveil Africa’s First 5G Maritime Network in Western Cape
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…
September 25, 20240Comments
Regulating Artificial Intelligence in Africa
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Regulating Artificial Intelligence in Africa: Insights from Kenya, Ghana, and the AU
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…
September 21, 20240Comments
AI for equitable healthcare access
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Leveraging AI for Equitable Healthcare Access in Africa
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…
September 18, 20240Comments
Rwanda cybersecurity ranking
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Rwanda cybersecurity ranking
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…
September 14, 20240Comments
Kigali Innovation City
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Kigali Innovation City
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.…
September 13, 20240Comments
Tech investment in Africa
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Why Africa is the Next Frontier for Tech Investment
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…
September 11, 20240Comments

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