Nigeria begins implementation of national blockchain policy
The chairman of the steering committee revealed that the implementation had officially started, with NITDA spearheading the initiative on the government’s side.
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UNESCO, Huawei to train East African university lecturers on AI
The training will take place in mid-August and will cover two of Huawei’s AI models—MindSpore and Atlas—and popular models from companies like OpenAI.
South Africa issues 63 new VASP licenses, launches probe into 30 unlicensed firms
The FSCA has now licensed 138 VASPs from an initial 383 applications, and the FATF has warned that 97% of Africa struggles with digital currency-related compliance.
META region’s AI spending may climb to $7B by 2026: report
Data released by the IDC shows that the projected AI spending of up to $7 billion would be driven by the META region's intent to improve workplace productivity and efficiency among enterprises.
Zambia working with EU on AI strategy
Zambia’s government is also working with the Tony Blair Institute on the strategy, while also reviewing its cyber laws to accommodate rapid AI advancements.
Africa can use blockchain, AI to curb illicit finance: Nigeria’s anti-graft chief
The EFCC chair noted that Africa loses $89 billion annually to illicit finance and that AI, data analytics, and blockchain have a role to play in curbing it.
What can Africa learn from the EU’s MiCA framework?
Some experts say Africa should formulate its own MiCA-like framework for the digital currency sector, but its implementation might be much more complicated.
Rwanda pushes for safe and responsible AI development
Rwanda’s ICT Ministry has developed a national AI policy and opened an AI office that guides local firms and interprets the nation’s vision for the industry.
DLT importance shoots up in 2024, but public blockchains’ market share dips: report
The report by ISSA revealed that the strategic importance of distributed ledger technology has increased by 9% in 2024, with Europe leading in adoption ahead of North America.
African ministers adopts landmark AI strategy to drive digitalization
Africa's Continental AI Strategy explores the potential use cases for AI in areas like education, skills acquisition, agriculture, manufacturing, and finance.
Ethiopia to establish CBDC framework following new banking reforms approval
The Banking Business Proclamation and the NBE Proclamation will be presented before the House of Peoples' Representatives for final approval after a public consultation and a parliamentary debate.
Morocco to use AI in courts
Moroccan courts will use artificial intelligence to transcribe judges’ verdicts—a departure from manual writing—and conduct research into archived legal texts.