Google has launched a new generative AI search experience in Africa, called Search Generative Experience (SGE). The opt-in experiment is currently available in English on Chrome desktop and the latest version of the Google App on Android and iOS. SGE uses AI to deliver an overview of key information to consider at the top of…
In a significant step towards transforming entry-level recruitment in South Africa, Jobjack, a leading online job platform, has secured $2.5 million in pre-Series A funding led by NEXT176. This investment will fuel Jobjack’s expansion plans, enabling the company to connect even more job seekers with life-changing employment opportunities. Founded in 2018 by Christiaan van den…
BasiGo, the Kenyan e-mobility startup, has been awarded a generous grant of $1.5 million (equivalent to KES 227 million) by USAID to bolster its operations in Rwanda. This strategic investment is poised to make a significant impact on the electrification of public transport in the country. The primary focus of this grant is to support…
The Federal Competition and Consumer Protection Commission has announced that the updated list of licensed loan apps operating in Nigeria now stands at 211. Of the 211 digital lenders, 172 have full approval, while 39 have conditional approvals. This is a slight increase from the 204 licensed digital lenders as of September. The FCCPC, under…
The Canada High Commission to Nigeria in Abuja, on Monday, announced that it has suspended operations its operation in Nigeria until further notice and issued a warning against non-essential travel to the country, NairaMetrics is reporting. The embassy issued a travel advisory, wearing against non-essential travel to Nigeria, including Abuja “due to the unpredictable security…
Elon Musk, the CEO of Tesla, SpaceX and owner of X, has introduced his latest brainchild to the world—an artificial intelligence chatbot named “Grok” known for its witty sarcasm and playful sense of humor. Musk’s unveiling of this AI innovation underscores its “rebellious streak” and its unique inspiration drawn from “The Hitchhiker’s Guide to the…
Do you ever have one of those nightmare dreams in which, in the future, artificial intelligence robots will take over the world and enslave all humans? That future might not be so far away, as a Polish drinks company, Dictador, has become the first company in the world to appoint a robot as its chief…
Billionaire Aliko Dangote, through his multinational industrial group, Dangote Industries Limited, announced on Sunday that a significant sum of $687 million had been successfully repatriated through multiple Nigerian banks. This announcement comes just a few days after the naira exchange rate dipped below the N900 to $1 mark on peer-to-peer (P2P) platforms, including Binance, for…
France has agreed to return $150 million to Nigeria, another tranche of the loot traced to Sani Abacha, former military dictator who ruled Nigeria in the 90s. Ajuri Ngelale, special adviser to the president on media and publicity, made the announcement in a statement on Friday following a meeting between President Bola Tinubu and Catherine Colonna, the…
Nigerian fintech startup Paystack has today announced that it has received the necessary licences to expand into and operate in Egypt and Rwanda, while also partnering with leading financial institutions to offer financial services in Côte d’Ivoire. A blogpost on the company’s website reads, “We’re thankful to have now received authorization as a payment service provider from the…