The newly appointed Minister of Public Works and Infrastructure, Dean Macpherson, has disclosed that the department has been the victim of a staggering R300 million cyber-related theft over the past 10 years. The latest incident occurred in May 2024, when…
On July 10th, 2024, Innovate Africa, an angel investment fund dedicated to empowering early-stage African founders, launched a groundbreaking $2.5M startup fund to transform the continent’s startups. Co-founded by Kristin Wilson and Christian Idiodi, the sector-agnostic Innovate Africa Fund aims…
$18 billion tech hubs initiative in Africa: The United Nations Development Programme (UNDP), in collaboration with African governments and the private sector, has announced a groundbreaking $18 billion initiative to establish a network of 10 technology hubs across the continent. …
South African SME security breach detection: Cybersecurity has become a critical concern for small and medium enterprises (SMEs) in South Africa. A concerning trend has emerged, with reports indicating that South African SMEs take an average of 9 months to…
Cryptocurrency market downturn opportunity for newcomers: The cryptocurrency market is currently experiencing a significant price drop, with Bitcoin leading the decline. However, this downturn presents a unique opportunity for new investors entering the crypto space. Despite the current bearish sentiment,…
South African schools and universities are grappling with the challenge of combating cheating using artificial intelligence (AI) tools like ChatGPT and Microsoft’s Copilot. As these generative AI models become more advanced, they are forcing educators to rethink their assessment strategies…
Steve Ballmer, the former CEO of Microsoft, has surpassed Bill Gates in wealth, becoming the sixth-richest person in the world. This milestone marks the first time Ballmer’s net worth has exceeded that of Gates, his former colleague and the co-founder…
African tech startups raised a total of $780 million in the first half (H1) of 2024, a 31% decline from the second half of 2023 and a steep 57% drop compared to the first half of 2023. This funding amount…
Google and the Creative Industries Initiative for Africa (C.I.I.F.A.) have launched the second cohort of the Engage Nigeria programme. This transformative initiative aims to equip 8,000 youth with essential skills in various creative disciplines, building on the success of its…
Tapswap, the popular tap-to-earn game on Telegram, has once again announced the postponement of its highly anticipated Shares-to-Token exchange event to the third quarter of 2024. This latest delay comes amid heightened interest in Tapswap, with the project reportedly attracting…
