Technology
Coverage of the latest innovations, AI advancements, and fintech transforming Africa.
Nigeria Ranks 6th Globally for AI Adoption, Yet Its Businesses Are a Telling A Different StoryA new global report places Nigeria 6th in the world for workforce AI literacy but 19th for enterprise AI adoption. The 32-point gap between both scores is the largest in the index and reveals a structural challenge in Nigeria's digital economy.
By Owobu Maureen•2 days agoAI
Latest Tech News
Revolutionary Paystack Tool Integrates Payments with ChatGPT and Claude AI
Paystack has launched Paystack Index, an innovative tool enabling AI assistants like ChatGPT to complete real-world transactions in Nigeria through simple conversational prompts. This development, an experimental release, integrates AI agents directly with payments and commerce, promising to significantly reduce friction for consumers by streamlining tasks like buying airtime or sending money.
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Apple's Price Hike: MacBook & iPad Costs Soar Amid Worsening AI Chip Shortage
Apple has raised prices on MacBooks and iPads, attributing the increases to a sharp surge in memory and storage chip costs driven by the AI industry's data center expansion. This move signals that even major tech companies are feeling the impact of the AI boom, with broader market declines anticipated as component costs continue to rise.Uche Emeka
AI Takes Over Payments: Paystack's New Experiment Unleashes Automated Agents
Paystack has launched Paystack Index, an early-access product enabling AI agents to conduct financial transactions like purchases and payments. This initiative, developed with TSG Labs, aims to extend Paystack's infrastructure into AI-powered commerce, allowing users to complete routine transactions through platforms like ChatGPT. It marks an early bet on agentic commerce, with Paystack focusing on learning user behavior and building infrastructure for an AI-first internet.Uche Emeka
Financial Shockwave: Nigeria Mandates Local Data for Banks and Fintechs
The Central Bank of Nigeria (CBN) has issued a new directive compelling payment service providers to store all locally generated transaction data on Nigerian servers by 2027. This move, part of a broader regulatory framework, aims to enhance oversight, strengthen consumer protection, and improve transparency in the nation's fast-growing digital payments ecosystem.Uche Emeka
GM's Safety Overhaul: A Post-Ignition Crisis Commitment
General Motors has undergone a significant cultural shift, prioritizing safety extensively across its operations following the ignition switch crisis. The company now integrates advanced active safety features as standard in its vehicles, exemplified by models like the Chevrolet Trax and Bolt EV, aiming to make safer transportation accessible to all and reduce road fatalities.Uche Emeka
AI
Nigeria Ranks 6th Globally for AI Adoption, Yet Its Businesses Are a Telling A Different Story
A new global report places Nigeria 6th in the world for workforce AI literacy but 19th for enterprise AI adoption. The 32-point gap between both scores is the largest in the index and reveals a structural challenge in Nigeria's digital economy.
Read More ( 6 min. read)→
OWOBU MAUREEN
Amazon's $13 Billion Gambit Fuels India's AI Infrastructure Boom
Amazon is investing an additional $13 billion to expand its AI and cloud footprint in India by 2030, bringing its total commitments to $48 billion. This major expansion, focusing on AWS data centers, is part of a broader trend of global tech investments in India and includes significant growth in Amazon's retail, logistics, and quick-commerce operations amidst fierce competition.Uche Emeka
Gaming Revolution: General Intuition's $2.3 Billion Bet to Train AI for Reality
General Intuition, a pioneering AI startup, secured $320 million in funding to advance its agentic model capable of learning from gameplay and translating that knowledge to real-world robotics. Leveraging action-labeled video game data from its sister company Medal, General Intuition aims to create foundational AI that can generalize across virtual and physical environments. The company is committed to ethical development, prioritizing beneficial applications while empowering gamers through its Nerve platform.Uche Emeka
Future of Work Alert: New Coalition Fights to Adapt Human Jobs as AI Surges
A new bipartisan nonprofit, RAISE US, is launching with over $500 million to address the impending job displacement crisis caused by artificial intelligence. Co-founded by Gina Raimondo and Eric Holcomb, the initiative aims to reskill American workers through state and employer partnerships, preempting potential economic destabilization and preparing the workforce for an automated future.Uche Emeka
AI Job Apocalypse Averted? New Data Crowns Engineers as Unstoppable!
The debate over AI's impact on job displacement, particularly in software engineering, is intensifying. While some tech layoffs cite AI as the cause, new research from SignalFire suggests engineering roles are surprisingly resilient, with increased hiring in the sector. Tech leaders like Nvidia CEO Jensen Huang argue that AI empowers engineers, creating more work through enhanced productivity rather than replacing them, aligning with the Jevons paradox.Uche Emeka
Fintech
Fintech Tensions: From Nigeria’s Data Scandal to Fintech Bans in East Africa
A data privacy scandal in Nigeria and new fintech restrictions in East Africa signal a turning point in Africa’s digital finance boom. Can innovation survive without trust?
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PRECIOUS O. UNUSERE
From ₦400K to ₦50 Million: The Northern Nigerian Friends Rewiring Rural Banking
From just ₦400K, a group of Northern Nigerian friends are transforming rural banking with innovation and grit. Their venture has grown into a ₦50 million force, reshaping financial access in underserved communities.Ibukun Oluwa
Should We Trust Tech Companies with Our Personal Data?
"Explore the dilemma of trusting tech companies with personal data. From convenience and security to privacy risks and exploitation, discover whether we should share less or demand more accountability."PRECIOUS O. UNUSERE
Crypto Gets a Home: Kenya's Parliament Just Soaked Up a New Fintech Race
The hub of mobile money innovation has now formally legalized crypto assets in law.Alberta Tetteh
The Silent Pulse of Paper: Will Our World Truly Let Cash Die?
As fintech innovation accelerates, will physical money become obsolete or merely evolve? This article explores the global shift toward a cashless world, its promises, pitfalls, and what the future of money means for everyday people.zainab bakare