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News - Techpoint Africa
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Techpoint Digest is a weekly newsletter published by Techpoint Africa a leading media platform for technology and innovation in Africa. The newsletter provides readers with a curated summary of the top tech and business news from the continent as well as insights and analysis on key developments in the tech industry. The aim of Techpoint Digest is to keep readers informed and up-to-date on the latest happenings in the African tech scene. With a focus on startups entrepreneurship and emerging technologies Techpoint Digest serves as a valuable resource for anyone interested in the rapidly growing tech ecosystem in Africa.

  • Techpoint Digest is a weekly newsletter published by Techpoint Africa a leading media platform for technology and innovation in Africa.

    The newsletter provides readers with a curated summary of the top tech and business news from the continent as well as insights and analysis on key developments in the tech industry.

    The aim of Techpoint Digest is to keep readers informed and up-to-date on the latest happenings in the African tech scene.

    With a focus on startups entrepreneurship and emerging technologies Techpoint Digest serves as a valuable resource for anyone interested in the rapidly growing tech ecosystem in Africa.

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Nigerian GovTech startups are innovative companies that use technology to provide solutions to government challenges and improve public services. These startups are gaining traction in Nigeria due to the increasing demand for efficient and transparent government processes. Some notable Nigerian GovTech startups include BudgIT which uses data and technology to promote transparency and accountability in government spending and Coven Works which provides digital solutions for government agencies. These startups have the potential to transform the Nigerian government and improve the lives of citizens by making government processes more accessible efficient and accountable. However they also face challenges such as limited funding and bureaucratic barriers.

  • Nigerian GovTech startups are innovative companies that use technology to provide solutions to government challenges and improve public services.

    These startups are gaining traction in Nigeria due to the increasing demand for efficient and transparent government processes.

    Some notable Nigerian GovTech startups include BudgIT which uses data and technology to promote transparency and accountability in government spending and Coven Works which provides digital solutions for government agencies.

    These startups have the potential to transform the Nigerian government and improve the lives of citizens by making government processes more accessible efficient and accountable.

    However they also face challenges such as limited funding and bureaucratic barriers.

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Access Bank one of Nigerias leading financial institutions has announced plans to tackle fraud by implementing advanced technology and security measures by 2024. This move is in response to the increasing cases of fraud in the countrys banking sector. The bank aims to use artificial intelligence machine learning and biometric technology to detect and prevent fraudulent activities. Additionally they plan to collaborate with other banks and government agencies to share information and combat fraud together. This initiative is a step in the right direction towards safeguarding customers funds and maintaining the integrity of the banking system in Nigeria.

  • Access Bank one of Nigerias leading financial institutions has announced plans to tackle fraud by implementing advanced technology and security measures by 2024.

    This move is in response to the increasing cases of fraud in the countrys banking sector.

    The bank aims to use artificial intelligence machine learning and biometric technology to detect and prevent fraudulent activities.

    Additionally they plan to collaborate with other banks and government agencies to share information and combat fraud together.

    This initiative is a step in the right direction towards safeguarding customers funds and maintaining the integrity of the banking system in Nigeria.

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The House of Reps has ordered Remita to refund ₦182.77bn to the FG following an audit. This comes as the government introduces TMRAS to improve transparency in public fund management.

  • The House of Reps has ordered Remita to refund ₦182.

    77bn to the FG following an audit.

    This comes as the government introduces TMRAS to improve transparency in public fund management.

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Artificial intelligence (AI) is rapidly growing and transforming various industries and the demand for AI services is on the rise. In this guide Techpoint Africa highlights some of the best AI companies making waves in the industry. These companies are using AI to solve complex problems and improve efficiency in various sectors such as healthcare finance and transportation. Some notable companies include DataProphet which uses AI to predict machine failures and improve manufacturing processes and Flutterwave which uses AI to detect and prevent fraud in online transactions. These companies are at the forefront of the AI revolution and are paving the way for a more automated and efficient future.

  • Artificial intelligence (AI) is rapidly growing and transforming various industries and the demand for AI services is on the rise.

    In this guide Techpoint Africa highlights some of the best AI companies making waves in the industry.

    These companies are using AI to solve complex problems and improve efficiency in various sectors such as healthcare finance and transportation.

    Some notable companies include DataProphet which uses AI to predict machine failures and improve manufacturing processes and Flutterwave which uses AI to detect and prevent fraud in online transactions.

    These companies are at the forefront of the AI revolution and are paving the way for a more automated and efficient future.

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Nigerians have suffered significant losses due to the Central Bank of Nigerias (CBN) foreign exchange (forex) policies. These policies have made it difficult for businesses to access forex leading to a shortage of essential goods and services. The restrictions on forex have also affected the countrys economy with many businesses struggling to stay afloat and some even closing down. This has resulted in job losses and a decrease in the purchasing power of Nigerians. Additionally the CBNs policies have caused a decline in foreign investments and have deterred foreign companies from doing business in Nigeria. Overall the CBNs forex policies have had a negative impact on the Nigerian economy and its people.

  • Nigerians have suffered significant losses due to the Central Bank of Nigerias (CBN) foreign exchange (forex) policies.

    These policies have made it difficult for businesses to access forex leading to a shortage of essential goods and services.

    The restrictions on forex have also affected the countrys economy with many businesses struggling to stay afloat and some even closing down.

    This has resulted in job losses and a decrease in the purchasing power of Nigerians.

    Additionally the CBNs policies have caused a decline in foreign investments and have deterred foreign companies from doing business in Nigeria.

    Overall the CBNs forex policies have had a negative impact on the Nigerian economy and its people.