TechPression

Category: Tech Hub

  • New iPhone16 suggests high battery capacity

    New iPhone16 suggests high battery capacity

    With the iPhone 16 leaks making headlines, anticipation for Apple’s latest smartphone release is at an all-time high. 

    Among the plethora of leaked details, one aspect that has caught the attention of tech enthusiasts is the reported battery capacities. Let’s delve into the revelations provided by analyst Majin Bu and explore the potential implications for Apple’s upcoming flagship lineup.

    Battery Capacity Details

    According to Majin Bu’s analysis, the iPhone 16 series will feature notable upgrades in battery capacity compared to its predecessors. The leaked information indicates that the standard iPhone 16 will house a 3561 mAh battery, while the larger iPhone 16 Plus will boast an even more substantial 4006 mAh capacity. The iPhone 16 Pro Max takes the lead with an impressive 4676 mAh battery for power users seeking maximum endurance.

    Read also: Accessing iPhone 15, iPhone 16: 15+, upgrades 

    Comparison with Previous Models

    A point of intrigue lies in comparing these reported capacities with those of the iPhone 15 series. Surprisingly, while the iPhone 16 and iPhone 16 Pro Max offer slight capacity gains over their predecessors, the iPhone 16 Plus appears to buck the trend with a reduction in capacity by approximately 9%. This shift raises questions about Apple’s strategic choices and their impact on overall device performance.

    Speculation on iPhone 16 Pro

    Amidst the leaked details, the battery capacity of the iPhone 16 Pro remains shrouded in mystery. The absence of concrete information leaves room for speculation among industry insiders and consumers alike. Will the iPhone 16 Pro follow the trajectory of its counterparts, 

    or will Apple introduce unique features and specifications to differentiate this model?

    Concerns about Battery Life

    While increased battery capacities may signal improved endurance, concerns linger about the practical implications for everyday usage. The reduced capacity of the iPhone 16 Plus, in particular, raises questions about its longevity and performance under varying usage scenarios, including gaming and professional applications.

    Apple’s Battery Life Descriptions

    Apple’s approach to describing battery life in its specifications adds another layer of complexity to the discussion. By emphasising performance metrics rather than raw capacity, Apple aims to give users a holistic understanding of their device’s capabilities. However, this approach can sometimes obscure critical details, leaving consumers with questions about real-world usage.

    Expectations for iPhone 16 Plus Battery Life

    Despite the reported capacity reduction, the iPhone 16 Plus battery life expectations remain cautiously optimistic. Factors such as optimisation efforts by Apple, software enhancements, and advancements in energy efficiency may mitigate the impact of the reduced capacity, ensuring a satisfactory user experience.

    Comparison with Competitors

    In the competitive landscape of smartphone technology, comparisons with leading Android competitors are inevitable. The reported battery capacities of the iPhone 16 lineup paint a compelling picture, but how do they stack up against flagship Android devices? A closer examination reveals nuances in performance and endurance that may influence consumer preferences.

    Challenges in Comparisons

    However, comparing iPhone battery capacities with Android devices poses challenges due to measurement standards and terminology differences. While Android devices often tout higher capacities, the need for standardised metrics complicates direct comparisons and underscores the need for accurate information in consumer decision-making.

    Impact on Consumer Decision-Making

    Ultimately, the revelations surrounding iPhone 16 battery capacities have significant consumer implications. Access to reliable information becomes paramount as they weigh their options and consider factors like endurance, performance, and overall value. With the smartphone landscape evolving rapidly, informed decision-making is critical to selecting the device that best aligns with individual needs and preferences.

    As the iPhone 16 release countdown continues, the leaked details offer a tantalising glimpse into Apple’s latest innovations. While battery capacities are just one piece of the puzzle, they provide valuable insights into the potential capabilities and performance of the upcoming flagship lineup. As consumers await further announcements from Apple, the discourse surrounding iPhone 16 leaks is a testament to the enduring excitement and curiosity surrounding each new release from the tech giant.

  • University of Johannesburg secures EU grant for digital transformation

    University of Johannesburg secures EU grant for digital transformation

    The European Union has granted the University of Johannesburg (UJ) more than R8.1 million ($417,435.49) to aid in the digital transformation of South Africa’s Technical, Vocational Education and Training (TVET) institutions. 

    Erasmus+ is an EU programme that supports youth, education, training, and athletics; it is the source of the grant.

    In an effort to address the advantages and disadvantages that have arisen as a result of the introduction of ChatGPT and other artificial intelligence tools into the fields of education and communication, an initiative dubbed “Project Pro-TELDE” has been launched.

    Read also: EU launches digital transformation centre in Kenya 

    Professor Tankiso Moloi of the Johannesburg Business School, UJ, who holds the Research Chair in 4IR, claims that the goal of this project is to improve the skills of business and economics instructors in South African technical and vocational education programmes. Our aim is to provide them with the necessary tools to create digital teaching materials by utilising technology-enhanced learning (TEL) techniques and making use of open digital resources.

    Project Pro-TELDE recognises the significance of technical and vocational education and training (TVET) institutions equipping their students with the digital skills and competencies needed to succeed in the contemporary workplace, Professor Moloi added.

    Among African universities, the University of Johannesburg ranks sixth for its research contributions in artificial intelligence (AI), a field in which it has made considerable progress. In keeping with its dedication to AI education, the university declared in December 2022 that all degrees offered by the school would include artificial intelligence courses.

    Steps UJ has made

    The University of Johannesburg has upgraded its certification procedure by incorporating blockchain technology, marking yet another advancement in the use of cutting-edge technology. This paves the way for graduates to receive certificates backed by blockchain technology, which greatly enhances certification security by removing the possibility of fraud and counterfeiting.

    A one-of-a-kind QR code will be attached to each graduate’s blockchain-based certificate from the University of Johannesburg. Adding an additional safeguard to the verification process, this feature enables anyone to scan the certificate and confirm its details.

    Incorporating AI across various sectors has been a consistent commitment in South Africa. The AIISA, or Artificial Intelligence Institute of South Africa, was established by the government in November 2022. Together with the University of Johannesburg and the Tshwane University of Technology, this institution aims to promote artificial intelligence technologies, increase investment in human capital, and prepare the country for the digital future.

    When it came to educational systems and technological advancement, South Africa was named the best African country in 2023 and ranked fourth in the world.

    Additionally, as of early 2023, 72.3% of South Africa’s population had access to the internet, with 43.48 million users. More and more, the nation’s technological and digital frontier advancements are being propelled by this digital accessibility.

    About the University of Johannesburg

    Among South Africa’s most prestigious universities, the University of Johannesburg (UJ) has been around since 2005. The Soweto and East Rand campuses of Vista University, Rand Afrikaans University, and Technikon Witwatersrand were among the many institutions that merged to form it. University of Johannesburg provides an exciting and culturally diverse learning environment in the heart of South Africa’s economic hub, Johannesburg.

    Commissioner tasks TikTok on Compliance with EU Standards

    UJ has earned a stellar reputation for its dedication to cutting-edge study, groundbreaking research, and civic engagement. A broad variety of arts, humanities, science, engineering, business, health science, and law-related undergraduate, master’s, and doctoral degree programmes are available. An important part of the university’s mission is to educate students to think critically and creatively across disciplines so that they can successfully face the challenges of the real world.

    Learning, research, and innovation flourish in UJ’s environment thanks to its cutting-edge facilities, world-class faculty, and robust industry partnerships. Graduates should be able to think critically, solve complex problems, and compete successfully on a global scale; this is the school’s stated goal.

    By participating in community engagement initiatives, UJ helps advance society and improve people’s lives. The mission of the university’s outreach and partnership programmes is to improve the lives of people all over the world.

    As it moulds future leaders and makes substantial contributions to the progress of knowledge and society, the University of Johannesburg shines as an example of academic brilliance and social responsibility.

  • How to join Nigeria Customs’ e-Auction platform

    How to join Nigeria Customs’ e-Auction platform

    To get rid of stolen goods like cars and other things in a way that works for everyone, the Nigeria Customs Service has started an e-Auction programme. 

    On the official Custom e-Auction website, seized goods and services can now be auctioned.

    To take part in this project, follow these steps.

    Read also: New Customs boss to embrace tech innovation in Nigeria

    Customs e-Auction Site Registration

    a.Visit https://auction.nigeriatradehub.gov.ng, the official e-Auction site.

    b.Register with personal details.

    c.Accept Nigeria Customs Service terms.

    Verification Procedure

    a.Participants must supply a valid Tax Identification Number (TIN) and an email address linked to their TIN.

    b.Phone number for verification.

    Nigeria Customs may verify participant identity.

    Administrative Charge

    a.Sign-up on the Customs Service e-Auction platform requires a minimal N1,000 fee.

    Fund E-Wallet

    a.Log into the auction site 

    b.Create an e-wallet and find it to enable bidding on the displayed item

    Viewing e-Auction Listings

    1. Browse auction listings.
    2. Check item details, descriptions, and conditions.

    Bidding Period

    1. Auctions are held every Tuesday from noon to 6 pm.
    2. Candidates for the Nigeria Customs auction can bid on two products at a time and repeat bids to boost their chances of winning.

    Notice of Winning Bid

    1. High bidders are notified shortly following the bid period.
    2. Winners must immediately download their certificates from the email address.

    Payment

    a.Winners must pay for products within a specific timeframe.

    1. Payment instructions and methods are on the e-Auction site; do not deposit money into a personal account.

    Clearance Process

    1. Winners must present their certificate at their items’ location.

    b.The clearance process takes 7 days.

    Terms and Conditions

    1. Nigeria Customs Officers and confiscated goods owners cannot participate.
    2. Customs Area Controllers must verify winning bids.
    3. Payment, including 7.5% VAT and a refundable container deposit, must be made promptly.

    Rice distribution by Nigeria Customs

    The Nigeria Customs Service was used to fight food shortages. The Comptroller-General of Customs (CGC), Bashir Adewale Adeniyi MFR, promised to help President Bola Tinubu with food security by ensuring all Nigerians can get the food they need.

    Twitter introduces custom likes, Hashmoji, Hashfetti

    At the rice dispersal program’s flag-off in Lagos on Thursday, February 22, 2024, CGC Adeniyi stressed that rice was distributed near customs activities to ensure direct access to beneficiaries.d

    Rice was distributed at the Customs zonal office on Harvey Road in Yaba Lagos. According to Bashir Adewale Adeniyi, the commission would overcome all barriers to achieve its people-centric goals.

    To ensure openness and accountability in the distribution process, CGC Adeniyi advised Nigerians not to sell or horde rice for commercial use.

  • NITDA, SMEDAN to create database for SMEs’ interventions

    NITDA, SMEDAN to create database for SMEs’ interventions

    National Information Technology Development Agency (NITDA) Director General Kashifu Inuwa has announced a partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to promote digital literacy, infrastructure development, and other initiatives. 

    The two organisations will work together to create a database that will provide insights into current events and help direct interventions accordingly.

    Forty million small businesses comprise SMEDAN in Nigeria, generating half of the GDP and employing seventy million people.

    On Friday, while paying a courtesy visit to the Agency’s corporate headquarters in Abuja, the DG made this announcement to Charles Odii, the director general of SMEDAN.

    This trip was about forming partnerships to help small and medium-sized enterprises (SMEs) in Nigeria with their infrastructure and human capital development. To further discuss the possibility of both agencies aligning and inviting DG NITDA to SMEDAN, it is recommended that they draft a memorandum of understanding (MoU).

    Read also: NITDA bill not targeted at telecoms businesses – NITDA

    What is attainable

    Based on Inuwa’s research, NITDA and SMEDAN could work together to achieve goals in the NITDA Strategic Roadmap and Action Plan (SRAP 2.0), such as the first pillar’s emphasis on digital literacy and talent development.

    He says the partnership will help small and medium-sized businesses (SMEs) improve their productivity by increasing digital literacy. In addition, he said, it lines up with the goal of the NDLF, or National Digital Literacy Framework. 

    According to the DG NITDA, this partnership is well-timed since it will improve the enforcement of laws and policies, such as the Nigerian Startup Act.

    The partnership allows them to explore how SMEs can benefit from all the incentives within the Startup Act, according to Inuwa, who also mentioned that SMEs make up about 90% of the country’s workforce and more than 90% of businesses. People who use innovation to boost productivity or start businesses based on innovation are also their targets.

    More than half of Nigeria’s 100 IT hubs are sitting idle, according to Inuwa, who cited the ISF. To promote inclusive access to digital infrastructure and services, he disclosed that both agencies can use these IT hubs as infrastructure for unserved and underserved areas. This aligns with a pillar of the SRAP 2.0.

    They should also meet to establish a standard for how an IT hub should function for the benefit of the public.

    Areas for adjustment

    In order to strengthen cybersecurity and digital trust, he suggested that they consider how to develop cybersecurity solutions for small and medium-sized enterprises (SMEs). This would encourage digital trust by empowering SMEs to offer affordable, indigenous cybersecurity services.

    They need to find ways to encourage innovation and entrepreneurship, he said, in order to cultivate a dynamic ecosystem that drives economic growth, which is another pillar that is focused on SMEs.

    Bloc partners with SMEDAN to provide fintech to Nigerian SMEs

    They were at NITDA to have their curriculum reviewed to make sure it aligns with the NDLF and meets global standards; earlier, Odii mentioned that the agency had started a couple of digital literacy programmes.

    Concerning the Startup Act, Odii has stated that they are aware that NITDA serves as the act’s secretariat and would like to collaborate with you to raise awareness among small and medium-sized enterprises (SMEs), particularly startups, about the benefits of the act and how to register with your database.

    He mentioned that they are currently working on a comprehensive database for small and medium-sized enterprises (SMEs), and they are hoping that the partnership can help them align its framework with resources available to data entrepreneurs.

  • NIMC charges FEPs for Inclusion, data protection

    NIMC charges FEPs for Inclusion, data protection

    The National Identity Management Commission (NIMC) plays a pivotal role in Nigeria’s efforts towards comprehensive identity management and data protection.

     In recent times, the NIMC has intensified efforts to ensure the inclusion of all eligible individuals into its database while also emphasising the importance of data protection. This article delves into the charges levied by NIMC on Foreign Enrollment Partners (FEPs) for inclusion initiatives and the significance of robust data protection measures.

    Read also: NIMC unveils self-service, identify cards solutions for Nigerians 

    Charges Imposed by NIMC on FEPs

    NIMC has implemented a fee structure for FEPs involved in the enrollment of foreign nationals and persons of Nigerian descent in the National Identity Database. These charges are aimed at ensuring sustainable funding for identity management initiatives and enhancing the efficiency of enrollment processes. FEPs are required to pay licensing fees, enrollment fees per individual, and annual maintenance fees to NIMC.

    FEPs are mandated to pay licensing fees to obtain the necessary authorization to carry out enrollment activities on behalf of NIMC. These fees contribute to the administrative costs associated with regulating and monitoring the activities of FEPs. Additionally, licensing fees serve as a means for NIMC to assess the credibility and capacity of FEPs to uphold data protection standards.

    Enrollment Fees per Individual: FEPs are charged enrollment fees for each individual registered in the National Identity Database through their services. This fee structure ensures that FEPs bear a proportionate cost based on the volume of enrollments they facilitate. It also incentivizes FEPs to streamline their operations and prioritize the inclusion of eligible individuals efficiently.

    Annual Maintenance Fees: NIMC imposes annual maintenance fees on FEPs to sustain ongoing support and maintenance of the infrastructure and systems utilized for identity enrollment and verification. These fees contribute to the upkeep of databases, software updates, and technical support services provided to FEPs. By imposing annual maintenance fees, NIMC ensures the continued functionality and security of identity management systems.

    Data protection is a fundamental aspect of identity management, particularly in the digital age where personal information is increasingly vulnerable to breaches and misuse. NIMC recognizes the critical importance of safeguarding the privacy and security of individuals’ identity data within the National Identity Database. Here are key considerations regarding data protection:

     NIMC upholds strict confidentiality measures to prevent unauthorized access to individuals’ identity information. Encryption, access controls, and audit trails are implemented to ensure that only authorized personnel can retrieve or modify data within the National Identity Database.

    IntegrityMaintaining the integrity of identity data is essential to prevent tampering or unauthorized alterations. NIMC employs data validation techniques and checksums to verify the accuracy and consistency of information stored in the database. Any suspicious activity or data discrepancies are promptly investigated and rectified.

    NiMC plans NIN registration app for immigrants by 2024

    NIMC adheres to relevant data protection laws and regulations to uphold the rights of individuals and ensure the lawful processing of personal data. FEPs are required to comply with stringent data protection standards and undergo regular audits to assess their adherence to compliance requirements. Non-compliance may result in penalties or revocation of licensing privileges.

    In conclusion, NIMC’s imposition of charges on FEPs for inclusion initiatives and emphasis on data protection underscores its commitment to advancing identity management practices in Nigeria while safeguarding individuals’ privacy and security. By establishing a robust regulatory framework and promoting collaboration with stakeholders, NIMC strives to foster trust and confidence in the National Identity Database as a cornerstone of national development.

  • Uber supports Moove’s $100m fundraising drive

    Uber supports Moove’s $100m fundraising drive

    Uber has committed to helping Nigerian vehicle lending startup Moove$100 million, according to Techpression sources.

    A report says the financing will lift Moove’s worth from $650 million to $750 million. The financial sum, between $75 million and $100 million, matches Uber and Moove’s past partnership. The 2020 arrangement gave Uber drivers flexible vehicle ownership.

    Moove has raised $335 million since its founding, but Uber and Moove are keeping quiet. Stride Ventures gave Moove $10 million in debt to grow in India.

    Read also: Uber Commences Electric Car Services

    It comes six months after it received $76 million to boost its operations and investments in its markets.

    Moove wants to grow its business in India, where it already has offices in Mumbai, Hyderabad, and Bengaluru, according to the story.

    In the same way, Uber has teamed up with Moove in India to give Uber drivers access to electric cars. Moove has grown, but the startup has had problems, like firing people after raising $140 million and driver protests that cast doubt on its business plan for financing cars.

    Then, Ladi Delano, CEO and co-founder of Mubadala, said that the funding rounds would help the company double down on markets already making money. In the next twelve months, these include the UAE, India, the UK, and South Africa.

    Moove’s innovative integration changes ride-hailing

    Moove is a vehicle finance pioneer and uses cutting-edge technologies to improve driver and rider experiences. Through strategic technological integration, the organisation shows its dedication to transportation innovation.

    Intelligent fleet management technologies have transformed vehicle deployment and management. Using modern telematics and IoT devices, the corporation can monitor its vehicles’ real-time health for maximum performance, preventative maintenance, and reduced downtime.

    The company uses data to make judgements. The technology optimises routes, predicts demand surges, and personalises driving by collecting and analysing massive amounts of data on driver behaviour, traffic patterns, and consumer preferences.

    Moove’s user-friendly design emphasises seamlessness. An intuitive app design gives drivers and riders capability without sacrificing simplicity.

    Moove’s tech integration streamlines onboarding and payment processing, boosting user pleasure and loyalty.

    Uber Announces Fare Hike in Lagos

    The Moove customer assistance system relies on AI. AI chatbots answer questions and resolve issues instantly. User engagement and customer support operations are improved, allowing agents to focus on more complicated issues.

    Moove’s electric fleet promotes environmental sustainability via technology. It aligns with worldwide carbon reduction efforts and presents Moove as a transportation innovator.

    Moove’s technical integration is continuing. To keep up with a fast-changing business, the company explores new technologies, including driverless vehicles, predictive analytics, and augmented reality.

  • SA’s FWG to expand Crypto asset classification

    SA’s FWG to expand Crypto asset classification

    The Intergovernmental Fintech Working Group (IFWG) in South Africa is poised to publish an updated position paper that will categorise stablecoins as a distinct form of crypto asset. 

    This development follows the IFWG’s initial 2021 position paper, which proposed 25 recommendations for regulating crypto assets in South Africa.

    Stablecoin Use Cases Under Scrutiny

    In addition to classifying stablecoins, the IFWG intends to conduct analytical research to identify the applicable use cases of stablecoins. This forthcoming document will provide a detailed regulatory stance and policy recommendations regarding stablecoins in the South African context.

    Read also: 3 crypto platforms with Affiliate Marketing

    Policy and Regulatory Response to Stablecoins on the Horizon

    Following the Financial Sector Conduct Authority’s (FSCA) designation of crypto assets as financial products in November 2023, in line with the IFWG’s previous recommendations, the IFWG is expected to propose an appropriate policy and regulatory response to stablecoins. These proposals will be crafted to ensure alignment with global standards and best practices.

    IFWG’s Examination of Tokenization’s Impact on Financial Markets

    The IFWG is also actively examining the potential impact of tokenization on South Africa’s domestic financial markets. 

    According to the National Treasury 2024 Budget Review, “The IFWG is considering the impact of tokenisation on domestic financial markets. By June 2024, a paper providing an overview of tokenisation will be published. By December 2024, a discussion paper will be published that outlines the policy and regulatory implications of tokenization and blockchain-based financial market infrastructure.” 

    Altman, others launch Worldcoin Crypto project

    The IFWG’s efforts to regulate crypto assets and explore tokenization demonstrate South Africa’s commitment to embracing fintech innovation. By providing clarity and guidance, the IFWG can help unlock the potential of these technologies to drive economic growth and financial inclusion. As South Africa continues on its fintech journey, the IFWG’s role will be instrumental in shaping a future where digital assets and blockchain technology play a central role in the financial system.

  • Nigeria kicks off iDICE at Omniverse Summit

    Nigeria kicks off iDICE at Omniverse Summit

    The Federal Ministry of Art, Culture, and the Creative Economy is about to start an initiative to change Nigeria’s digital and creative scene in Lagos, a busy city full of potential.

    The Omniverse Africa 2024 Summit will occur at Lagos’ Landmark Event Centre from February 27 to March 1, 2024. This carefully curated meeting brings together Africa’s best minds to collaborate and discuss Africa’s future in technology, innovation, creativity, and entrepreneurship.

    Read also: France-Nigeria I-DICE Program to Create 65,000 Startups

    At the Omniverse Summit, Minister Hannatu Musawa will present the Investment in Digital and Creative Enterprises (iDICE) programme. Under Nigeria Destination 2030, the event brings together digital experts, enthusiasts, and stakeholders to help Nigeria become the continent’s creative powerhouse.

    Why Attend?

    Attend the Omniverse Summit to learn about the start of Nigeria’s iDICE programme, a critical effort to help the country become Africa’s creative powerhouse by 2030.

    The Omniverse Africa 2024 Summit offers a unique chance for Africa’s future visionaries. This event will enlighten you whether you are a leader, entrepreneur, or African innovation enthusiast. Here are some compelling reasons to attend:

    Learn something: Gain insight into Africa’s future concerns and trends from top experts.

    Network with like-minded people: Find collaborators and make valuable contacts from diverse fields.

    Nigeria, AfDB Announce $672 Million I-DICE Project For Young Tech Entrepreneurs

    Find creative solutions: Explore innovative ideas and solutions from top companies and organisations.

    Join the discussion: Influence Africa’s future narrative and promote positive change.

    The Omniverse Africa 2024 Summit is more than just a gathering; it is a catalyst for progress. It is an opportunity to celebrate Africa’s potential, spark collaboration, and collectively shape a brighter future for the continent. Visit https://theomniverse.africa/ for summit details and registration. 

  • 13th edition of MINT Incubator programme opens for startups

    13th edition of MINT Incubator programme opens for startups

    The 13th MINT Incubator programme, co-founded by EGBank and Alex Angels, has opened for startups. It is a programme that assists startups in developing their business models and preparing themselves to attract investors.

    The main founder’s age range ought to be between 16-35. Startups in the growth and minimal viable product stages, as well as those in the early stages of a company’s development, can benefit from this. There ought to be no limitation on sectors. Concept and business model are the most important factors. With the right people at the helm, the company can scale its operations to meet any challenge. The number of members on the squad should be balanced. 

    Startups can receive free support from MINT Incubator. They have already committed to not taking equity or lending money to the participating startups. Startups are only expected to bring their A-game when it comes to taking the business to the next level. Eleven editions of the three-month equity-free MINT Incubator have been released since its 2018 debut.

    Read also: weVenture is first venture capital incubator in Ethiopia

    Contents of the program 

    The program’s mentoring sessions and workshops cover finance, marketing, growth hacking, accounting fundamentals, legal and governance, branding, talent acquisition and retention, and other related subjects. Free co-working space is also provided to participants.

    For startups in the MVP stage, MINT Incubator offers a sector-agnostic track in addition to a fintech-specific one. Startups can improve their investment prospects and expand their businesses with the help of the incubator.

    Mentorship sessions are available at the MINT Incubator and are led by a diverse group of academics, professionals, and industrialists. Every incubated startup has a designated mentor who checks in with them once a week to ensure they’re on track with their objectives and key performance indicators. To make sure the mentor’s knowledge and experience are useful to the startup, the mentor-startup matching process is meticulous.

    At the end of the programme, called Demo Day, participating startups present their pitches live to a group of the best angel and VC investors in the area. 

    Benefits of the MINT Incubator

    The facilitators do not take equity or impose any debt on startups, rather, by giving these startups a chance to grow, they make them more appealing to investors and create an environment where they can thrive.

    A world-class mentor will work one-on-one with each startup throughout the programme, offering them tailored support and advice. Additionally, a number of one-of-a-kind workshops will be offered by EGBANK and its associates to help startups. 

    Standard Chartered Bank begins women in tech program in SA

    Attendees will leave the workshops with a deeper understanding of finance, sales & marketing, growth hacking, accounting fundamentals, legal & governance, branding, talent acquisition & retention, and many other topics that will help the startup grow faster.

    The programme also provides a coworking space, networking events, and free software and tools to its participants. On demo day, the incubation cycle comes to a close, and the most influential angel and VC investors in the area will be in attendance. 

    Click here to apply: https://mint.eg-bank.com/home/incubator/ExternalApplynow

  • How AI can be instrumental in addressing cybersecurity threats

    How AI can be instrumental in addressing cybersecurity threats

    As technology continues to evolve, so do the methods and complexities of cyber threats. In recent years, the integration of artificial intelligence (AI) has emerged as a crucial tool in combating these threats. Google CEO Sundar Pichai has provided insights into how AI can be instrumental in addressing cybersecurity challenges, offering a glimpse into the future of digital defence.

    Enhanced Threat Detection and Prevention:

    One of the primary ways AI can assist in tackling cyber threats is through enhanced threat detection and prevention mechanisms. Traditional cybersecurity measures often rely on rule-based systems, which may struggle to keep pace with the rapidly evolving tactics employed by cybercriminals. AI, however, can analyze vast amounts of data in real time, identifying patterns and anomalies that might indicate a potential threat. By leveraging machine learning algorithms, AI systems can adapt and learn from new data, continually refining their ability to detect and thwart cyber attacks.

    Read also: Challenges and opportunities in Cybersecurity

    Furthermore, AI-powered systems can automate responses to detected threats, enabling organizations to respond swiftly and effectively. Whether it’s blocking suspicious network traffic, quarantining infected devices, or patching vulnerabilities, AI can streamline the incident response process, reducing the window of opportunity for attackers to exploit weaknesses.

    Behavioral Analysis and User Authentication:

    Another area where AI can make significant contributions to cybersecurity is behavioural analysis and user authentication. Traditional methods of user authentication, such as passwords and security tokens, are increasingly vulnerable to sophisticated attack techniques like phishing and social engineering. AI technologies offer more robust solutions by analyzing user behaviour patterns and biometric data to verify identities.

    By employing AI-driven authentication mechanisms, organizations can establish more secure access controls, mitigating the risk of unauthorized access to sensitive systems and data. These systems can adapt to evolving user behaviour, detecting anomalies that may indicate fraudulent activity and prompting additional verification steps when necessary. As a result, AI helps fortify the authentication process, making it more resilient against emerging threats.

    Kaspersky launches new online cybersecurity course

    Predictive Threat Intelligence and Proactive Defense:

    In addition to bolstering reactive cybersecurity measures, AI can also empower organizations to adopt a proactive defence posture through predictive threat intelligence. By analyzing vast datasets from various sources, including historical attack data, threat intelligence feeds, and network telemetry, AI systems can identify emerging threats and vulnerabilities before they are exploited.

    This predictive capability enables organizations to prioritize their security efforts, focusing resources on the most imminent risks. Whether it’s patching known vulnerabilities, updating security policies, or deploying additional safeguards, AI-driven threat intelligence provides invaluable insights that can help preempt cyber attacks before they occur.

    Sundar Pichai’s insights underscore the transformative potential of AI in cybersecurity. By leveraging AI technologies, organisations can enhance their threat detection and prevention capabilities, bolster user authentication mechanisms, and adopt a proactive defence posture. As cyber threats continue to evolve in sophistication and scale, AI represents a powerful ally in the ongoing battle to secure digital assets and infrastructure. Embracing AI-driven solutions is not just a strategic imperative but a crucial step towards building a more resilient and secure cyber landscape.