Egypt is introducing a new plan to tackle phone smuggling whilst promoting its local phone industry. A 38.5% customs tax will be given to individuals who import mobile phones into the country. “The number of devices entering the country through smuggling is too large,” Prime Minister Mostafa Madbouly said in a press conference. “Countries resort to such measures to regulate the market and encourage the growth of local industry,” he added. The Finance Ministry and the Ministry of Communications and Information Technology are working together to create an electronic system that
A year after launching its AI research lab, Awarri, a small Lagos-based startup, has become the driving force behind Nigeria’s first government-backed multilingual Large Language Model (LLM). Nigeria’s multilingual LLM Nigeria’s first multilingual LLM is developed by Awarri in partnership with global tech entity DataDotOrg, the National Information Technology Development Agency (NITDA), and the National Centre for AI and Robotics (NCAIR). Initially, it will trained in five of Nigeria’s commonly spoken languages – Yoruba, Hausa, Igbo, Ibibio and Pidgin – as well as accented English. Awarri, founded by Silas Adekunle
Ghana is setting the stage to become Africa’s first blockchain-powered government in a move towards digital transparency. The initiative, supported by Vice President Dr Mahamudu Bawumia, aims for a future where digital accountability could potentially save billions lost to corruption annually. Blockchain for Enhanced Governance During the 14th Regional Conference and Annual General Meeting of Heads of Anti-Corruption Agencies in Commonwealth Africa, held in Accra, Bawumia highlighted the potential of blockchain technology in governance. Bawumia argued that Blockchain’s qualities—like immutability and transparency—make it an ideal candidate for enhancing governmental operations, particularly
Co-founder and CEO at Heex Technologies, Bruno Mendes Da Silva, has announced that his startup has signed a public contract with US Authorities. We previously wrote about Heex’s smart data management platform helping carmakers sift through the sea of data required to put autonomous vehicles on the road. Now, this new partnership will see the team provide their software solution to process data from Autonomous Vehicles and Mobility operators as part of the Automated Driving System program in California. The data will foster safety standards and rulemaking of autonomous vehicles
Company and executives’ mentions of DEI or sustainability during earning calls have decreased after a peak in 2022, according to data from financial research firm AlphaSense. But this DEI- and “green-hushing” doesn’t necessarily mean companies have stopped doing the work – they’re just not talking about it. Are companies still talking about DEI and sustainability? According to data from financial-research platform AlphaSense, executives at the U.S.-listed companies mentioned “environmental, social and governance,” “ESG,” “diversity, equity and inclusion,” “DEI” or “sustainability” on 575 earning calls from April 1 to June 5.
